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Spanish Prosecution Office Investigating Alleged Bitcoin Pyramid Scheme: $1 Billion in Investor Funds Reportedly Missing
7.10.2020
The Spanish Prosecution office says it is investigating Arbistar for allegedly running a bitcoin trading scam with preliminary findings suggesting $1 billion in investors’ funds cannot be accounted for. The disappearance of investor funds has affected 32,000 families that are failing...
UK Bans Sale of Crypto Derivatives to Retail Investors, Says Move to Save $69 Million in Losses
7.10.2020
The U.K.’s Financial Conduct Authority (FCA) has banned the sale of cryptocurrency derivatives products to retail investors in a move that it says will save the targeted customers £53 million ($68.9 million) in losses each year. The ban comes into effect on January 6, 2021. In...
The Search for Satoshi Nakamoto: A Look at 7 Suspected Bitcoin Creators
7.10.2020
During the last decade, cryptocurrency enthusiasts have discussed the true identity of Bitcoin’s creator Satoshi Nakamoto. To this day, the Satoshi Nakamoto mystery continues to prevail, and throughout the years there’s been a great number of suspects and self-proclaimed crypto...
UK Court Overturns Ruling on $1 Billion Venezuelan Gold at Bank of England
6.10.2020
The UK Court of Appeal has overturned an earlier court ruling which denied Nicolas Maduro access to Venezuela’s gold worth about $1 billion kept at the Bank of England. The court did not recognize Maduro as the legitimate leader of Venezuela. Court Rules in Favor of Central Bank of Venezuela...
39 Shirts – Leaving Mozilla
6.10.2020
In 2001 I had just graduated from a small town high school and headed off to a small town college. I found myself in the quaint computer lab where the substandard computers featured two browsers: Internet Explorer and Mozilla. It was this lab where I fell in love with Mozilla — a browser that...
Tim Draper’s Venture Studio to Triple-Down on Blockchain Projects With a $25M Fund
6.10.2020
At the LA Blockchain Summit, the blockchain and fintech venture studio Draper Goren Holm announced the launch of a $25 million blockchain fund called “Fund 1.” According to the announcement the money will be used for promising blockchain and fintech startups in Series A and seed...
Curate Custom Content with mediastack
6.10.2020
I used to have a personal aggregator of sites I enjoyed but maintaining it was a nightmare. I needed to grab each site’s RSS feed, categorize their contents, deal with errors and individual rate limits, etc. I had to tear the whole project down because it was a nightmare to manage. Fast...
Bitcoin To Hit $100,000 in Five Years as Demand and Adoption Increase – Report
6.10.2020
Bloomberg analyst Mike McGlone has predicted that the price of bitcoin will hit $100,000 by 2025. McGlone premised his argument on past bitcoin trends, including the period in which the price took four years to go from $1,000 to $10,000 in 2017. “So, doubling that time frame for maturation...
Rise of the Underdog, Securypto Takes off as Investors Scramble To Get on Board
6.10.2020
The time of ICO’s seems behind us and many blockchain projects have fallen off the grid but one particular project seems not only to have survived but even thrived during these times. Securypto focuses on safe and truly anonymous exchange of data. In a world where datahacks have become...
Indian Police Investigate 3 Companies Running a Crypto Ponzi Scheme, CEO Charged
6.10.2020
Three companies allegedly running a large-scale cryptocurrency Ponzi scheme are being investigated by Indian police. The scheme promises extraordinary returns to investors. The police have registered a case against the alleged CEO of the companies. Large-Scale Indian Crypto Ponzi Scheme Indian...
John McAfee Arrested, Indicted for $23 Million Illegal Crypto Pumping and Tax Evasion in US
6.10.2020
John McAfee has been arrested and indicted for tax evasion, the U.S. Department of Justice announced. The cybersecurity entrepreneur has also been charged with fraudulently pumping cryptocurrencies by the U.S. Securities and Exchange Commission. McAfee Fraudulently Pumped Tokens The U.S. Department...
Wolf.bet Is a Provably Fair Gambling Casino Supporting Multiple Cryptocurrencies
6.10.2020
Have you been looking for an online gaming platform you can trust with your digital assets and that won’t bother you with cumbersome identification procedures? Wolf.bet is a 100% provably fair gambling casino supporting multiple cryptocurrencies, without KYC and a great lineup of additional...
Ethereum Transaction Fees Fall 82%, as Defi Hype Eases
6.10.2020
The average cost of sending a transaction over the Ethereum blockchain has fallen by 82% from a September 2 peak of $11.61, down to $2.09 as of October 4. The decline may be the result of a slow down in the hype around decentralized finance (defi) protocols. According to data from Glassnode...
A Solution To the Blockchain Scalability Problem – Meet Jax.Network
6.10.2020
Being the next step in the evolution of human civilization, blockchain technology still hasn’t been mass-adopted. The biggest obstacle here is a limited transaction processing capacity. Existing blockchains like Bitcoin and Ethereum are only able to do about 7-10 transactions per second. This...
Visual Interpretation of Bitcoin’s Supply Shows the Digital Asset’s Unique Scarcity
6.10.2020
The Bitcoin network has recently crossed over the 18.5 million mark, as far as the number of bitcoins currently minted into circulation. However, even though over 18 million coins have been minted to-date there’s a number of different elements that affect the distribution of all the coins...
$9 Trillion in Stimulus Injections: The Fed’s 2020 Pump Eclipses Two Centuries of USD Creation
5.10.2020
Since September 2019, research shows the Federal Reserve has pumped over $9 trillion to primary dealers by leveraging enormous emergency repo operations. A recently published investigative report shows the U.S. central bank submits the daily loan tally, but the Fed will not provide the public with...
Yearn Finance Connect (YFIC) New DeFi Project Decentralized Finance, Staking, Lending & Yield Farming
5.10.2020
Yearn Finance Connect is a decentralized token under the ERC-20 protocol, that allows users to stake YFIC, borrow assets, and vote for improvements within the community. Yearn Finance Connect staking platform enables investors to earn a yield on YFIC token, depositing, and selecting the amount...
Crypto for Congress: Bitcoin Sent to All Congress Members’ Campaigns
5.10.2020
The Crypto for Congress initiative has launched. All members of Congress will be given bitcoin as campaign contributions to help them learn about cryptocurrency. The initiative is supported by Congressional Blockchain Caucus members, including pro-crypto Representatives Darren Soto and Tom Emmer....
After Banning ICOs China’s Defi Ecosystem Grows Exponential This Year
5.10.2020
The decentralized finance (defi) ecosystem has become a multi-billion dollar industry and quite a bit of the popularity is stemming from China. While a number of defi projects from the West like Uniswap, Compound, and Makerdao are popular in the country, China is also creating its own landscape...
Bitcoin.com Exchange Acquires BOA Exchange To Reach New Markets
5.10.2020
Announced earlier this week, the two companies said the deal is expected to be finalized immediately, without disclosing the financial terms. BOA Exchange is a crypto exchange that has accumulated a vast user base, offering free alt tokens in airdrops and staking coins. The deal further expands...