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UK Bitcoin Related Heist, Amalto and ConsenSys Partnership - Jan 29th Cryptocurrency News Update

422 views · Published 29 January 2018 · 3:35 · Indexed 6 November 2026

Channel: NEWSBTC · 2018 · People & Blogs

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Bitcoin started the year at under $14,000 and on January 5th we saw it jump past $17,500. On January 17th it hit its lowest level in the month falling under $10,000. It managed to regain its losses, but today we saw it fall again, it is currently around $11,300.  This time last year bitcoin was around $920. It currently has a market capitalisation of over $189 billion. Let’s take a quick look at Ethereum, as ether hit a record high on January 13th of over $1,400. On January 17th if fell all the way below $1,000. Today, it is currently over $1,100. This time last year the price was around $10.50 cents. 

Let’s take a look at some stories that are dominating the headlines. The Financial Conduct Authority, is warning the public over online investment fraud./ The FCA stated that Fraudsters offering investments in binary options, contracts for difference, forex and cryptocurrencies* (such as Bitcoin) often promote themselves online and via social media channels, such as Facebook, Instagram and Twitter. They typically promise high returns and use images of luxury items, like expensive watches and cars, to entice people to invest in their scams. After someone has invested, they distort prices on their website, tie people in with extreme pay-out clauses and even close customer accounts, refusing to pay back their money.


Let’s take a look at another story which hit headlines over the weekend. Danny Aston who runs a cryptocurrency mining farm In Oxfordshire, the UK, was held at gunpoint recently. 

Four robbers demanded that he transfer them his bitcoin. This is the first cryptocurrency related heist in the UK. In December a blockchain expert was kidnapped in Ukraine, he was only released after kidnappers received $1 million in ransom. 


Now let’s take a look at some other news. Amalto and ConsenSys are are patterning up to develop a platform, which will help the progress of the automation of ticket-based order-to-cash processes of oil and gas. This new venture hopes to revolutionize the energy industry.

Thanks for watching, and stay tuned, see you later.

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