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Three Suspects in China’s Biggest $87 Million Cryptocurrency Heist Arrested By Police
Chinese police have recently arrested three men for hacking and stealing 600 million yuan ($87 million) in cryptocurrencies. According to the South China Morning Post, the Xian Police officers stated on Saturday, August 18, 2018, that when it came to cryptocurrency criminal investigations in China, this was the largest number of stolen cryptocurrencies in the nation. дальше »
2018-8-21 16:00 | |
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South African Revenue Service (SARS) Intensify Efforts to Clampdown on Cryptocurrency Tax Evaders
Since implementing the cryptocurrency tax regulation back in April 2018, the South African Revenue Service (SARS) appears not to be satisfied with the level of tax remittances by cryptocurrency investors in the region. дальше »
2018-8-21 12:00 | |
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Bitcoin Finds Footing at Current Levels Amid a Quiet Newsflow Week: Week in Review August 20
After two consecutive bear market weeks, the price of bitcoin closed the week effectively unchanged around the $6,400 mark. In a volatile seven days, bitcoin (BTC) traded in a range between $6,000 and $6,600 but managed to maintain last week’s price level as the week closed. дальше »
2018-8-21 10:00 | |
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Coinbase Files Patent to Boost Security For Cryptocurrency Wallets
Coinbase has filed a patent concerning a new technology designed to increase the security of cryptocurrency wallets. Coinbase’s patent was filed on August 14, 2018, and has been submitted to the United States Patent and Trademark Office (USPTO). дальше »
2018-8-21 08:00 | |
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Trans-Fee Mining Model: FCoin, the Chinese Cryptocurrency Exchange, Is Overturning the Industry
FCoin, the cryptocurrency exchange born in China, is changing the whole industry with its groundbreaking model “Trans-Fee Mining” and its revenue distribution. Late this May, FCoin opened its official trading. дальше »
2018-8-21 06:00 | |
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U.S. Federal Court Accepts Cryptocurrency for Bail of Hacker
According to an Engadget report on August 19, 2018, a United States Federal Court has ordered Martin Marsich -the hacker who allegedly broke into the internal computer network of a Redwood City video game firm, Electronic Arts (EA) – to pay for his bail with $750,000 worth of bitcoin or other cryptocurrencies. дальше »
2018-8-21 04:00 | |
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Brains behind $2.4 Billion Bitcoin Ponzi Scheme Arrested in Delhi
The man behind the Asian branch of the $2. 4 billion cryptocurrency scam operation Bitconnect has been arrested by police officers on August 18, 2018, from the Gujarat Criminal Investigation Department at Delhi Airport on his return to India. дальше »
2018-8-21 00:00 | |
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Cointree and Gobbill Partner to Let Aussies Pay Their Bills with Cryptocurrency
Two local Fintech startups in Australia are now making it possible for local Aussies to pay any bill in cryptocurrencies. Gobbill, an automated billing platform and Cointree, a cryptocurrency exchange, have partnered to allow Australians to pay in cryptocurrencies regardless of whether the company accepts the medium of exchange. дальше »
2018-8-20 16:00 | |
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House Always Wins: Cryptocurrency Exchange Revenues May Double This Year
The report titled ‘Crypto Trading–The Next Big Thing is Here’ from Sanford C. Bernstein & Co. shows that crypto exchanges have the potential to more than double their revenues as much $4 billion in 2018. дальше »
2018-8-20 02:00 | |
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Crypto Mining Apps Continue to List on Google PlayStore Despite July 2018 Ban
In July 2018, Google Play had announced that cryptocurrency mining apps would not be permitted on its browser or any platform supported by the company. However, Google’s Play Store continues to list applications that enable mining of cryptos such as bitcoin and others. дальше »
2018-8-20 22:00 | |
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Nvidia Says its Crypto Businesses is Never Coming Back, Officially Out
In a second-quarter earnings call, Nvidia CEO Colette Kress has said that the revenues from its cryptocurrency venture have declined to a point in which the chip manufacturing conglomerate will now have to back out from the crypto sector. дальше »
2018-8-19 06:00 | |
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Bitcoin and Other Cryptocurrency Fraud on the Rise in Britain
According to the Financial Conduct Authority (FCA), a British watchdog, cryptocurrency fraud is on the rise in Britain according to Reuters report on August 17, 2018. The fraudsters lure their victims with promises of instant wealth through their “investment packages. дальше »
2018-8-19 02:00 | |
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Bitwise Launches Three New Crypto Index Funds, Renames its HOLD 10 Index
On August 15, 2018, Bitwise, the creator of the world’s first cryptocurrency index fund, has announced the creation of three new cryptoassets index funds to cover the mid-cap cryptos, small-cap coins, and the total market segments of the blockchain-based virtual currency market. дальше »
2018-8-18 08:00 | |
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Messaging App Line Announces a $10 million Cryptocurrency Fund
Chinese messaging app Line recently announced on August 15, 2018, the launch of a $10 million investment fund dedicated to cryptocurrency startups. Line’s South Korean-based subsidiary Unblock Corporation will operate the fund, and it will be known as Unblock Ventures. дальше »
2018-8-18 02:00 | |
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Pantera Capital Primed to Raise $175 for Cryptocurrency-Focussed Venture Fund
A U. S. -based blockchain technology investment firm, Pantera Capital, has raised $71 million from 90 investors, out of the $175 million it’s looking to get for its third cryptocurrency fund, reported TechCrunch on August 15, 2018. дальше »
2018-8-18 22:00 | |
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Coinbase CEO Warns that Cryptocurrency Mass Adoption is a Long Way Off
In Mid August Brian Armstrong, CEO the world’s largest cryptocurrency exchange, Coinbase warned that mass adoption of cryptocurrencies is going to take much longer than expected. This is a possible harbinger of slowing growth in market capitalization in Bit coin. дальше »
2018-8-17 18:00 | |
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“Blocklattice” Developer DEXON Foundation Secures $20 Million in Funding, Shares Speed Test Results
DEXON Foundation, an offshoot of the world’s first zero-fee, high-frequency cryptocurrency trading platform COBINHOOD, has bagged $20 million in a new funding round led by hedge fund firm IDG Capital. дальше »
2018-8-17 16:00 | |
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Playboy Sues Cryptocurrency Company for Breaching Contract
Playboy Enterprises is currently suing a Canadian cryptocurrency company, Global Blockchain Technologies (GBT) on the allegation that the former fraudulently breached their contract with the adult entertainment company. дальше »
2018-8-17 08:00 | |
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Brock Pierce and Company Will Bring Together Exchanges, and Regulators around Spanish Crypto Summit
Brock Pierce, considered to be the center figure of cryptocurrency culture, tweeted about an upcoming event that will have all blockchain lovers, raving to go, or as crypto enthusiasts would say, ‘Futurama to the moon!’ The event is none other than the Futurama Blockchain Innovators Summit, known to create ripples in the cryptocurrency community, and this time it’s in Europe. дальше »
2018-8-17 06:00 | |
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US Investor Sues Telecom Company AT&T for Loss in Cryptocurrency Theft
On August 15, 2018, entrepreneur and cryptocurrency investor Michale Terpin filed a lawsuit worth $224 million against telecommunications company AT&T and accused the company of “negligence and fraud” regarding the theft of cryptocurrencies from his personal account. дальше »
2018-8-17 22:00 | |
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Cryptocurrency Mining via Browser is Pulling Out more than $250K in Monthly Earnings
According to TheNextWeb, recent academic research has found out that the embedded CoinHive cryptocurrency web browser mining script is generating more than $250,000 in Monero (XMR) every month. What is more concerning is that the report points out that this amount is mainly going to a small group of ten individuals. дальше »
2018-8-16 18:00 | |
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Oil-backed Petro Cryptocurrency Set to Officially Become Venezuela’s Second Unit of Account
President Nicolas Maduro of Venezuela has announced on August 14, 2018 that with effect from August 20, 2018, the petro cryptocurrency would officially become the second unit of account in the nation, as the central bank issued altcoin will be used extensively by state-owned oil firm, PDVSA and may also be used to pay workers’ salaries. дальше »
2018-8-16 16:00 | |
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Jeju Island Governor Announces Plans to Create a “Blockchain Hub”
Won Hee-ryong, governor of Jeju Island, made broke headlines on August 13, 2018, when he made a formal request to designate the island as a “special economic zone” for blockchain and cryptocurrency. дальше »
2018-8-16 10:00 | |
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GOEX, a Global Crypto Exchange to Facilitate Long-Term Crypto Investments
The crypto exchange plus investment platform GOEX launched on December 27, 2017, and has amassed a considerable following in a less than a year. The service offers participants an instant cryptocurrency exchange service with the best dynamic rates the market has to offer. дальше »
2018-8-15 18:00 | |
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Saudi Arabia Declares Bitcoin Trading Is an Illegal Activity
Saudi Arabia’s financial watchdog, the Standing Committee for awareness on dealing in unauthorized securities has stated categorically on August 12, 2018, that cryptocurrency trading is illegal in the kingdom of Saudi Arabia. дальше »
2018-8-15 14:00 | |
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Fintech Startup Bitt Signs an MoU with Caribbean Central Bank to Launch State-Issued Cryptocurrency
Barbados-based startup Bitt has recently signed a Memorandum of Understanding (MoU) with the Central Bank of Curacao and Sint Maarten (CBCS). The goal of the partnership is to look into the different possibilities and feasibilities of issuing digital guilder or a Central Bank backed cryptocurrency. дальше »
2018-8-15 12:00 | |
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Cryptocurrency Funds on the Rise in 2018
According to Cryptofundresearch, cryptocurrency funds have been increasing since cryptocurrencies gained significant popularity in 2017. With Bitcoin’s rising prices and increased general awareness of the cryptocurrency industry, over 100 cryptocurrency funds emerged in 2017 alone. дальше »
2018-8-14 14:00 | |
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How one Company Is Changing the way Cryptocurrency Payments Work in Singapore
Cryptocurrency is a big umbrella these days. With a whole bunch of coins, blockchains, and ICOs out there, and new ones every day, the industry contains a lot of potential and diversity. But in the beginning, when crypto first came about, it was intended to be used as a currency, as a means of exchange for goods and services. дальше »
2018-8-14 10:00 | |
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Indian Cryptocurrency Regulations Likely to Materialize in December 2018
While the Indian Government has plans to adopt blockchain technology, the much-awaited Indian cryptocurrency regulations will take place later in 2018. It is also important to note that the finance ministry panel is evaluating the proposal to consider blockchain and cryptocurrencies separately. дальше »
2018-8-14 08:00 | |
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Exchanges Protest as Korea Removes Crypto Businesses from Tax Reduction Bill
Local crypto exchanges and blockchain-related non-profit associations have started to formally protest against the government of South Korea for its controversial decision to remove cryptocurrency businesses from its tax reduction bill. дальше »
2018-8-14 04:00 | |
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Bitcoin Prices Surge in Turkey After Lira Plummets 20 Percent
On August 13, 2018, cryptocurrency trading surged in Turkey due to the recent plummet in the price of the Lira. As the Turkish government looks to restore investor confidence in the Lira, Koinum, the country’s largest crypto-exchange, announced a 63 percent increase in the trading volume of Bitcoin. дальше »
2018-8-13 20:00 | |
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Singapore VC Firm Launches $10 Million Fund for Cryptocurrency and Blockchain Startups
A Singapore-based venture capital firm, Golden Gate Ventures, made an announcement via Reuters on August 10, 2018, that the company is primed to establish a $10 million fund to invest in blockchain and cryptocurrency startups. дальше »
2018-8-13 05:45 | |
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Australian Cricket star Enrages fans with “Controversial” ICO Endorsement
Former Australian international cricket captain, Michael Clarke, has become embroiled in a spot of controversy after he publicly endorsed an ICO for Global Tech, a new Australian cryptocurrency exchange. дальше »
2018-8-12 03:00 | |
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Opera Goes after Crypto Users with Crypto Wallet-Enabled Desktop Browser
Opera is planning to expand its popularity among blockchain and crypto savvy users by embedding a cryptocurrency wallet into its desktop browser. With the move announced on August 8, 2018, it is expected to handle cryptocurrencies easier, as no other significant browser currently offers a similar service. дальше »
2018-8-12 20:00 | |
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Cryptocurrency Mining Firm Soluna to Build a 900-Megawatt Wind Farm in Saharan Desert
Soluna, a blockchain company began plans to create a 900-megawatt wind farm with the aim of generating power for a computer center in Dakhla in the Morocco-administered Western Sahara Desert. Initial work on the facility will begin in 2019. дальше »
2018-8-11 17:00 | |
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McAfee-Backed “Unhackable” BitFi Wallet Hacked to Run P.C. Game
Security researchers have successfully modified BitFi’s hardware wallet and provided a demonstration of the device running Doom. BitFi’s response? “Prove it. ” Security researchers are arranging a demonstration this weekend proving BitFi’s wallets can be hacked. дальше »
2018-8-11 07:00 | |
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Stable Coins 101: The What and The Why of Cryptocurrency’s Most Price-Steady Offering
The term ‘stable coin’ refers to a cryptocurrency that has its value pegged to an asset that is unchanging in value. In the past, such digital tokens have mostly been associated with the US dollar, landing them at a valuation of $1. дальше »
2018-8-11 01:30 | |
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Japan’s FSA Set to Introduce New Cryptocurrency Regulations After Speculative Trading Runs Rampant
Per a report published on August 8, 2018, the Japanese Financial Services Agency (FSA), which is also Japan’s premier financial regulatory body, is planning to update its existing regulatory framework for bitcoins and other cryptocurrencies. дальше »
2018-8-10 20:30 | |
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Shapeshift Acquires Bitfract to Simplify Cryptocurrency Portfolio Diversification
In an attempt to quicken and simplify the process of buying of cryptocurrencies, Shapeshift AG, the Swiss trading platform, announced its acquisition of Austin-based cryptocurrency converter company, Bitfract on August 7, 2018. дальше »
2018-8-10 18:30 | |
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Aussie Companies To Create Two-Way Bitcoin ATMs
Australia-based companies DigitalX Ltd. and Stargroup Ltd. recently partnered to create a two-way ATMs for cryptocurrency enthusiasts to buy and sell Bitcoin direct from ATMs. While the agreement covers the entire international network of Stargroup ATMs, both companies are keen to begin the two-way ATM rollout in Australia. дальше »
2018-8-10 20:00 | |
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Arizona State University Join Forces with Dash to Publish Blockchain Scalability Research
While cryptocurrency enthusiasts strongly believe that digital currencies are one of the best creations of man since the beginning of time, critics of the burgeoning sector have not ceased condemning bitcoin and the altcoins for their serious scalability issues. дальше »
2018-8-9 14:00 | |
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US SEC Delays Decision Concerning Bitcoin ETF Until September 30
The US Securities Exchange Commission (SEC) released an official document on August 7, 2018, which outlined their decision to defer the listing and trading of a Bitcoin exchange-traded fund (ETF) until September 30. дальше »
2018-8-9 06:00 | |
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Red Bull and Swarovski Giving out Cryptocurrency Tokens in Exchange of the User’s Time
Cryptocurrency tokens are a new way of compensating customers for their online engagement. Customers can now earn crypto tokens by taking part in online surveys conducted by Red Bull and Swarovski. дальше »
2018-8-9 04:00 | |
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Coinbase Announces Instant Crypto Trade, Enhanced Default Limit, and Support for Ethereum Classic
Coinbase, the world’s largest digital asset exchange, announced on its official blog that it will enable immediate trading and will allow a higher default limit to most of its users. The official online announcement was made on August 7 and stated that traders will be able trade cryptocurrency immediately after making a purchase. дальше »
2018-8-9 02:00 | |
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Zurich Bank Maerki Baumann Opens Accounts to Cryptocurrency Assets
Swiss bank Maerki Baumann has become the latest bank in Switzerland to adopt cryptocurrency assets, according to a report published on International Investment on August 6, 2018. Cautious towards Cryptocurrency Based out of Zurich, the bank will currently only accept crypto assets obtained in the form of payments for banking services provided or via mining. дальше »
2018-8-9 22:00 | |
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Barclays Explores Cryptocurrency Trading Desk Despite Denying Interest
Barclays has reportedly appointed a team of three senior executives to look into the feasibility of setting up a crypto trading desk to function as part of its markets business. According to a report in the London Financial News on August 6, 2018, the bank wants to follow in the lead of other large institutional investors who have been convinced. дальше »
2018-8-8 14:00 | |
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Washington D.C and Members of Congress Are Becoming more Accepting of the Cryptocurrency Industry
Cryptocurrency tokens like Bitcoin, Bitcoin Cash, and Ethereum are currently gaining greater acceptance in Washington D. C. as Bob Goodlatte, the chair of the House Judiciary Committee, currently holds between $17,000 and $80,000 in cryptocurrencies. дальше »
2018-8-8 06:00 | |
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Goldman Sachs May Start Offering Custodial Services for Cryptocurrency this Year
Investment banking giant, Goldman Sachs, is looking to launch custodial services for cryptocurrency soon, according to a Bloomberg report on August 6, 2018. Goldman Sachs Vault? According to sources close to the matter, Goldman Sachs Inc. дальше »
2018-8-8 02:00 | |
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Why Do Blockchain and Crypto Companies Prefer Foundation to Enterprise Structure?
The year 2018 witnessed an influx of blockchain and cryptocurrency firms in the global economy. Although these firms are still overcoming issues related to their practical application in the real world, imagining a world with its economy pivoted around digital ledgers might not be a distant dream. дальше »
2018-8-7 22:00 | |
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Introducing SmartDrops: An Efficient Alternative to Cryptocurrency Airdrops
Any new cryptocurrency project has two primary options at its disposal when it comes to distributing tokens. One is to conduct an ICO in which digital token is sold to public investors, and the other involves hosting an airdrop for the crypto community. дальше »
2018-8-7 06:00 | |
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