Hi, I’m Nate Martin
 from 99Bitcoins.com, 
and here’s what’s happened
 this week in Bitcoin.
The 9th most popular website
 in the world, Pornhub, 
now accepts Bitcoin and Litecoin 
for the purchase of premium
 x-rated content. 
Pornhub is owned
 by the MindGeek company, 
which also owns the popular 
RedTube and YouPorn sites, 
as well as the Brazzers
 production company.
The biggest crypto exchange
 in South Korea 
and fifth largest in the world, 
Bithumb, 
was reportedly raided by police. 
The raid is apparently connected 
to a token sale 
and failed corporate takeover 
by a Singaporean firm. 
The exchange’s chairman 
has been accused of fraud 
and illegal money transfer. 
Some have blamed this week’s
 falling crypto prices on the raid. 
Late last month, 
another major exchange
 in South Korea, Coinbit, 
was also seized by police 
for wash trading charges.
Kazakhstan’s minister
 of Digital Development announced 
that the country is set to confirm 
$714 million worth of investment
 funding in a major new mining facility. 
Thirteen mining farms
 are already operating 
in the Central Asian nation. 
The country claims to account for 6%
 of crypto mining around the world.
We reported months ago 
on malicious Electrum servers 
sending messages to users 
urging the download of malicious wallets. 
Electrum then patched the issue 
and the matter was considered ended. 
However, last week a user reported  
launching their 2017-vintage Electrum
 wallet, 
getting the message and following it, 
then losing 1,400 BTC. 
The moral is to always keep 
your wallet software updated.
Before we conclude, 
this week’s “Bitcoin quick question” is 
how do I keep my Bitcoin 
transactions private?
Maintaining privacy is not an easy task 
when it comes to Bitcoin transactions, 
as the accounting ledger 
is completely transparent.
There are several layers of privacy. 
The first and easiest one
 is to ensure you are using 
a hierarchical deterministic wallet 
such as the popular hardware wallets, 
Ledger and Trezor. 
These types of wallets
 change your wallet address 
after you receive transactions, 
therefore making it harder 
to track your transactions.
Another layer would be to use 
CoinJoin services 
or privacy-oriented wallets 
such as Wasabi or Samourai.
The most advanced layer 
would be to run your own full node, 
meaning download and sync 
the Bitcoin blockchain, 
while relying on the TOR 
privacy network as well.
If you want to know more 
about using Bitcoin anonymously, 
visit the link in the description below.
Have a question you want us to answer? 
Just leave it 
in the comment section below.
And a huge thanks to eToro 
for supporting us
 in putting this video together. 
If you’re looking to trade
 cryptocurrencies, 
consider joining the millions 
who are already using
 the unique features eToro offers, 
like CopyTrader, 
which lets you automatically replicate 
the moves of top performing traders 
on the platform. 
For more information, 
visit etoro.com.
That’s what’s happened
 this week in Bitcoin. 
See you next week.
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