2019-10-1 13:21 |
A man faces charges by the U.S. Attorney's Office and the CFTC over claims he took money for bulk bitcoin orders that were never delivered. origin »
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Stocks in the Asia Pacific region traded mixed on Wednesday, as investors gauged prospects for monetary policy after the Federal Reserve took action in re-balancing the money markets. Asian Markets Mixed There was no clear-cut direction in Asian equities on Tuesday.
2019-9-18 06:25 | |
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Bitcoin skeptic turned bull, Ron Paul is calling for the end of the Federal Reserve. Former Texas Congressman Paul has long been a critic of the existence of the Federal Reserve and the tax policy. And this time as well, he took a shot at the Fed. Ron Paul tweeted, The Federal Reserve should not […]
2019-8-31 18:13 | |
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In the cryptocurrency world, exchanges remain a very profitable target for hackers and other types of criminals. In the case of QuickBit, a Swedish trading platform, a data breach took place, albeit it seems no money was stolen in the process.
2019-7-25 23:00 | |
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President Donald Trump ruffled many feathers and raised quite a few eyebrows when he took on bitcoin and other cryptocurrencies during one of his characteristic Tweetstorms. Apparently, Trump has a fair idea of what bitcoin is and what it can do, and his tweets make it clear that he is not a fan of cryptocurrencies.
2019-7-13 16:01 | |
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US President Donald Trump, known for his complicated relationship with technology and his incessant need to share his ill-advised thoughts with the world, has admitted he’s not a fan of cryptocurrency.
2019-7-12 13:25 | |
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A recent letter from the U. S. House of Representatives to social media giant Facebook has crypto users speculating feverishly. The implications of the letter, and Calibra CEO David Marcus’ recent response, will inform the future of money not only in America, but worldwide.
2019-7-4 14:20 | |
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As 40-year trading veteran Peter Brandt pointed out since Bitcoin broke above $10,000, the market entered a fear-of-missing-out (FOMO) phase that took BTC to almost $14,000 within less than a week, giving signs that a correction was underway.
2019-6-28 23:42 | |
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By CCN Markets: Houston Texans star defensive end JJ Watt had an interesting proposition for fans of the fast-food chain Whataburger: chip in and buy it back. The three-time NFL Defensive Player of the Year took to Twitter following the majority stake sale of Whataburger to a Chicago investment firm, calling upon fans to do their part in purchasing the company back.
2019-6-17 16:00 | |
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India’s battle against cryptocurrencies took a new turn after pictures of a “proposed” bill circulated on social media. However, it was rejected by various prominent publications and personalities in the crypto-circle, due to its lack of authenticity.
2019-6-14 16:00 | |
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Coinbase, one of the biggest cryptocurrency exchanges in the world, was back in the limelight after it introduced new changes in its terms of user agreements for its customers. Previously, users were required to send money over Coinbase exchange.
2019-6-3 15:00 | |
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By CCN: Self-proclaimed Satoshi Nakamoto, Craig Wright, just took his ongoing Bitcoin takeover gambit to the next level. Speaking at a CoinGeek conference in Toronto, Wright claimed that money from major cryptocurrency institutions like Binance, Bitfinex and Tether was being used to fund slavery and prostitution.
2019-5-31 14:30 | |
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Thailand‘s oldest bank, Siam Commerical Bank (SCM), has hinted it will be experimenting with blockchain technology powered by Ripple. Earlier this week, rumors of its blockchain pilot surfaced online after eagle-eyed users took to Twitter to share images of what appears to be a Ripple-based app for cross-border transactions.
2019-5-23 16:43 | |
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By CCN: It took Bitcoin SV just two hours grow its market valuation from $1. 09 billion to $2. 478 billion. There are no clarifications about how the world’s eleventh largest yet controversial cryptocurrency managed to attract approx $1.
2019-5-22 12:37 | |
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OneCoin, whose leaders have been indicted on wire and securities fraud as well as money laundering, took umbrage with a recent report by the Central Bank of Samoa calling the crypto project a "hybrid ponzi-pyramid scheme."
2019-5-18 19:49 | |
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Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend.
2019-5-7 01:42 | |
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From mulling on interest rates and money supply to hashrates and block sizes, the elite economists have often been at loggerheads with Bitcoin [BTC] and the larger cryptocurrency realm. The traditional market analysts, more often than not, chide decentralized currency as a pipe dream.
2019-5-5 13:00 | |
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By CCN. com: Carlos Matos, who promoted Bitconnect throughout its existence, posted a bizarre video to YouTube today in which he claims that he lost most of the money invested in BitConnect and that it was not the first scam to which he fell victim.
2019-5-4 13:30 | |
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On Thursday, April 25, 2019, President of Venezuela, Nicolas Maduro allegedly took to Periscope, a medium devoted to live appearances, to express the need to increase confidence in the nation’s cryptocurrency, Petro.
2019-4-26 17:12 | |
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Bitcoin fraudsters have actually failed for once! Hawaiian Electric customers have successfully been ignoring a “robocall” scam requesting they pay a Bitcoin amount in exchange for keeping their electricity supply running, hah! According to Hawaiian Electric, of the more than 70 scam calls reported, none of the customers paid out any money – an encouraging sign that customers are simply ignoring the scammers.
2019-4-16 13:31 | |
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A treasure hunt for $1 million worth of bitcoin is officially underway. In a cryptic, rambling message broadcasted to the Blockstream Satellite on April 13, 2019, an anonymous user challenged the rest of the Bitcoin community to a million dollar hunt for what they called “Satoshi’s Treasure,” a contest which will “test the resolve, courage, intelligence, and savvy [sic] of would-be hunters,” the game master claimed.
2019-4-16 23:28 | |
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The U. S. Securities and Exchange Commission (SEC) has published an investment contract framework for digital assets, which is intended to give crypto companies guidance as to whether a cryptocurrency is a security.
2019-4-4 22:02 | |
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Billionaire Elon Musk has a favorite cryptocurrency — Dogecoin (DOGE). We knew Musk was a fan of crypto after he touted the brilliance of bitcoin, suggesting paper money would eventually disappear.
2019-4-2 20:15 | |
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Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address implications within the United States, specifically, but similar issues arise around the world.
2019-3-29 18:20 | |
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Changpeng Zhao is still making people talk on the internet. The Binance CEO yesterday took a jab at the global fiat currencies, and in the process attracted numerous responses from Twitter users.
2019-3-29 17:43 | |
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The Swiss Financial Market Supervisory Authority (FINMA) said on March 27, 2019, that Envion AG’s ICO failed to follow the law when it took money from investors during its fundraising. A court in Zug has also opened bankruptcy proceedings against the company over organizational shortcomings.
2019-3-27 06:00 | |
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Last week, there was a panel at SXSW that was effectively a debate on the merits of permissioned blockchains versus permissionless systems like Bitcoin. I listened to the entire audio of the panel discussion, after Programming Bitcoin author Jimmy Song tweeted it out the other day, and I thought he did an awesome job of pointing out the key value proposition of Bitcoin and why it is not worth comparing to permissioned systems.
2019-3-23 17:29 | |
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“The biggest problem I could think of was distribution. How do you share and educate both consumers and merchants on the power of bitcoin? I learned how much consumers loved earning and why merchants make decisions to adopt new technology.
2019-3-19 23:06 | |
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The Tokyo District Court has found Mark Karpeles, the former head of now-defunct Bitcoin exchange platform Mt. Gox, guilty of record tampering but innocent on other charges related to embezzlement and breach of trust.
2019-3-16 22:01 | |
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Bitcoin use in Venezuela took a hit this week after a persisting electricity blackout appeared to limit the ability of users to transact. Bitcoin Trades Drop 40 Percent That was the conclusion of some cryptocurrency commentators as data showed weekly trade volumes on P2P platform Localbitcoins fell by 40 percent in the week ending March 9.
2019-3-15 04:00 | |
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Anthony Pompliano makes it a habit to show his social media followers the differences between cryptocurrency and fiat money. He took to Twitter once again to display the difference in time and fees one would spend to send money abroad.
2019-3-14 09:46 | |
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An IBM executive is unfazed by the current market realities, saying he sees Bitcoin (BTC) reaching a value of $1 million as a present possibility. Jesse Lund, vice president of Blockchain and Digital Currencies at IBM, shared his predictions at the IBM Think 2019 Conference, which took place February 12–15, 2019.
2019-2-23 00:42 | |
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The Bitcoin bear market has battered and bruised a multitude of blockchain startups. It’s also rendered terms like “streamlining,” “restructuring,” and “run out of money, shutting down” all too common.
2019-2-21 15:05 | |
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Writing for Foreign Policy, David Gerard levies the following taunt: “Forget Bitcoin, try your mattress – cryptocurrency is about as safe as keeping your money in a sock under someone else’s bed.
2019-2-18 21:45 | |
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Melbourne, Australia – Cryptocurrency just took another big step into the mainstream in Australia. myCryptoWallet, one of Australia’s leading exchanges, has launched the myCryptoCard which enables consumers to spend cryptocurrency at one million locations and withdraw money at 30,000 ATMs.
2019-2-15 09:36 | |
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Universal basic income experiments and other plans that seek to distribute free money seem wonderful considering so many people struggle to make ends meet because of their limited incomes. In the U.
2019-2-10 04:01 | |
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Chinese Police arrested a group of cryptocurrency scammers following a raid in Xuchang City. The bust, which took place five months ago, was only publicized this week after a story on CCTV News. During the break-in, police seized cash valued at $1.
2019-2-1 02:07 | |
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There’s no clear winner in the race for a killer app, but there’s no shortage of contenders. Decentralized applications (dApps) were put on the map in last year, generating$6. 7 billion in 2018, according to a study by Dapp.
2019-1-28 19:39 | |
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This is the fourth instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him earlier on Day 1 , on Day 2 and on Day 3.
2019-1-19 00:10 | |
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This is the third instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him earlier on Day 1 and on Day 2.
2019-1-18 00:05 | |
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This is the second instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him on Day 1 here. I woke up on Christian’s couch stiff-necked and cotton-mouthed.
2019-1-16 22:54 | |
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“The point is to get people to think about bitcoin, not spend it. I don’t think it’s good for that. It’s not meant to be used like cash,” Jeremy Gardner, founder of Ausum Ventures, advised me.
2019-1-15 17:50 | |
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Once the institutional ‘smart money’ enters the market, we will see a liquidity pool difficult to imagine compared to the current market. The path forward is the tokenization of securities and the capital markets.
2019-1-13 10:20 | |
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The United Conference of Internet Money, a conference in the blockchain and cryptocurrency space concluded on 27th November in Singapore’s Sentosa Island. With over 300 global delegates, more than 50 of the industry’s top speakers, and 30+ investors, UCIM successfully took its first few steps towards a decentralized future.
2019-1-5 16:27 | |
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Censorship-free social media platform, Gab, took to Twitter to proclaim the gospel according to Bitcoin. Describing the grandaddy of cryptocurrency as “free speech money,” it pledged to educate its near million-strong community.
2018-12-17 23:00 | |
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Global leaders walked away from the latest G20 Summit with a rough game plan for crypto regulation. This year’s G20 Summit took place in Buenos Aires, Argentina, from November 30 to December 1.
2018-12-4 23:44 | |
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Circle’s USD Coin (USDC) has released an independent, third-party attestation of its bank account, and according to a top 5 public accounting firm, the stablecoin has its funds in order.
2018-11-22 22:05 | |
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Again, as Bitcoin fell into Tuesday, with the popular digital asset establishing a new year-to-date low (yet again) at $4,200, proponents of this nascent innovation quickly took to its side. Unlike the unexpected appearance of Stephen Palley, a crypto-friendly lawyer at Anderson Kill, on Bloomberg TV, this time, CNBC Fast Money brought on Bart “Crypto.
2018-11-21 16:00 | |
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Charles Hoskinson is best known today as a co-founder of both Ethereum and IOHK, where he leads the research, design and development of Cardano. But before these projects, there was Bitcoin.
2018-11-20 23:08 | |
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“Go for the Jugular” is the advice George Soros gave to his team during his famous attack on the British pound for a profit of $1 billion on so-called Black Wednesday in 1992.
2018-11-15 18:50 | |
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This marks the first criminal tax evasion prosecution centered solely on bitcoin.
The US Department of Justice (DOJ) has launched a website to collect information from individuals affected by the 2016 Bitfinex hack, according to a Nov. 7 statement. The DOJ announced it was inviting statements from those impacted by the hack, including affected Bitfinex account holders.
Evan Frederick Light, 21, faces a maximum penalty of 20 years in prison after stealing $37 million worth of crypto from an investment holdings company located in Sioux Falls, South Dakota. The U.S Department of Justice stated in a press…
The Justice Department named Forensic Risk Alliance as Binance's outside monitor after it pleaded guilty to violating U.S. money-laundering regulations and trade sanctions.
Ukrainian national, Yaroslav Vasinskyi, also known as Rabotnik, has been sentenced 13 years and seven months in prison for his role in conducting over 2,500 ransomware attacks and demanding over $700 million in ransom payments, the Department of Justice announced Wednesday.
Changpeng Zhao, the ousted CEO of cryptocurrency exchange giant Binance, walked away from court this week with a sentence many see as a slap on the wrist. Zhao, better known in the crypto world as “CZ,” received four months in prison for failing to implement sufficient anti-money laundering (AML) safeguards at Binance. Related Reading: Stagflation […]
Crypto exchange Binance continues to thrive despite the numerous legal problems of its founder, Changpeng Zhao.