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Nalezeno "Tuesday": 849

Mastermind of $25 Million Crypto Debit Card Scheme Sentenced to Prison


The mastermind behind a $25 million cryptocurrency debit card scheme has been sentenced to one year and one day in prison, in addition to three years of supervised release. The authorities have also seized his cryptocurrency. $25 Million Crypto Credit Card Scheme The U.S. Department of Justice...

CFTC’s New Rules Cause Coinbase to Stop Offering Crypto Margin Trading


Cryptocurrency exchange Coinbase is disabling its margin trading product in order to comply with the new rules set by the Commodity Futures Trading Commission (CFTC). CFTC’s Rules Affecting Margin Trading Offerings Coinbase’s chief legal officer, Paul Grewal, explained in a blog post...

XRP Price Climbed 123% in 30 Days, Spark Token Airdrop Pushes Value Higher


During the course of the week digital currency markets have seen colossal gains and one crypto asset, in particular, XRP, has jumped significantly in value over the last seven days. The distributed ledger token XRP climbed 25% upwards on Tuesday alone, and seven-day price stats show the coin...

Bitcoin Cash-Fueled Onchain Social Media Platform Memo Launches iOS App


Two years ago, an onchain social network called memo.cash was launched and the application has developed quite a bit since then. On Tuesday, the Memo team revealed that the platform is now available for iOS phones via the App Store. Apple users can now connect to the social network that etches...

Bitcoin Network’s Mining Difficulty Sees Largest Epoch Drop Since 2011


Bitcoin’s mining difficulty saw the second-largest drop in history on Tuesday, as the difficulty dropped to 16.78 trillion, losing a touch over 16% since last week’s all-time difficulty high. The last time bitcoin’s mining difficulty dropped so low was in October 2011, when...

Bitcoin Mining Difficulty Set For Double-Digit Drop on Tuesday


Bitcoin (BTC) mining difficulty could revert to levels not seen since August – with a forecasted drop in difficulty of almost 15% on the cards, similarly to what BTC miners experienced after a market crash in March. Per BTC.com, a major mining pool, data, the next bi-weekly readjustment will take...

$1.1 Billion Crypto Ponzi: Masterminds of Wotoken Head to Prison in China


A Chinese court has confirmed the sentencing of the masterminds behind the 7.7 billion yuan Chinese Ponzi scheme Wotoken, which had over 715,000 investors. Wotoken Scammers Sentenced to Prison The Intermediate People’s Court of Yancheng city, Jiangsu province, denied an appeal by four...

KPMG Expands Crypto Management Suite to Boost Institutional Adoption


KPMG’s cryptocurrency management suite has expanded with the company’s integration of Coin Metrics’ products. KPMG’s new tools are “designed to enable the increasing institutional adoption of cryptoassets.” KPMG Enhances Its Crypto Management Suite KPMG...

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