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South African Bitcoin Investment Company Faces Fresh Scam Allegations


FX Choice, a forex and crypto trading company, is making new allegations that South African bitcoin investment company, Mirror Trading International (MTI) is a multi-level marketing scam. The company says it uncovered this after researching into MTI, a firm that claims to have “118,027...

Bitcoin ATM Locations Reaching 9,000 Worldwide


The number of bitcoin ATM locations has been rising steadily. Almost 9,000 bitcoin ATMs have been installed worldwide. The U.S. leads as the country with the largest number of bitcoin ATMs, followed by Canada and the United Kingdom. Nearly 9,000 Bitcoin ATMs There are currently 8,947 cryptocurrency...

Bitcoin News Roundup for August 4, 2020


With investment opportunities in traditional markets drying up, bitcoin futures are drawing record interest. CoinDesk's Markets Daily is back for your bitcoin news roundup!

Centralized Money Has ‘Never Been Good’ - US Congressman


Tom Emmer. Source: Twitter/@MNFarmBureau US Congressman Tom Emmer caught the attention of many crypto fans when he stated that centralized monetary systems have “never been good, no matter where it’s been tried.” In a podcast, hosted by co-founder of Morgan Creek Digital, Anthony Pompliano,...

Bitfinex Steps up Hunt For Its Hackers, Promises USD 400m In Rewards


Major crypto exchange Bitfinex has offered a multi-million dollar reward to anyone who can lead it to the hackers responsible for the the theft of nearly bitcoin (BTC) 120,000 in August 2016 - even to the hackers themselves. Today's value of the bitcoin stolen from Bitfinex four years ago is around...

Government Official Updates Progress of India’s Cryptocurrency Law


A government official has reportedly confirmed that a “note” regarding the legal framework for cryptocurrency in India has been forwarded to related ministries for inter-ministerial discussions. It would then be presented to the cabinet for approval. Status of Indian Crypto Bill...

New Asian Crypto Behemoth Blessed But Merger Delayed


Japanese regulators have given their approval to a proposed merger between chat app giant Line and the Softbank-backed Yahoo Japan. Per multiple media outlets, including Fn News, the Japan Fair Trade Commission, the government body responsible for regulating economic competition in the country...

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