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Bitfinex Makes Bold but ‘Unaudited’ USD 404 million Profit Claims


Bitfinex operator iFinex has made some new financial claims in the white paper for its forthcoming initial exchange offering (IEO) – stating that its platform made a whopping USD 404 million in net profits last year (24% more than in 2017) and paid dividends while they are still struggling...

Traffic Violators – Japanese Police Are Coming for Your Crypto!


Cryptocurrency owners in Japan, beware – pay your parking fines on time, or the police will take your tokens! That appears to be the message after police in the Gifu Prefecture seized over USD 3,600 worth of cryptocurrencies from a man who had accrued years’ worth of late fees on parking violations...

Renewed Market Growth Has Sparked Demand for Crypto-Backed Loans


With cryptocurrency markets back to life, hodling sounds like a smart strategy once again. Cryptocurrency owners are now more likely to pledge coins to borrow fiat if they need it, rather than sell their appreciating digital assets. The spread of crypto-backed loans could also be a good indicator...

Crypto Adoption Strong in Venezuela Despite Political Chaos


The political tension in Venezuela has affected local cryptocurrency adoption. While there are roadblocks, many crypto-advocating projects continue to thrive in the country. News.Bitcoin.com takes a deep look at the current situation in Venezuela, crypto adoption efforts and how the recent...

Bitcoin’s Software Has Been Rolled Back Before


When Binance lost $40 million to hackers this week, the crypto community discussed reorganizing the chain after it was suggested by a developer from MIT. Many people were upset by this proposition, declaring that there was no way a coordinated effort with miners could be pulled off. However, most...

Why Cryptocurrency Investors Are Renouncing Their US Citizenship


Andrew Henderson is the founder of Nomad Capitalist, a company which helps people from around the world move to different countries while minimizing their tax obligations. In recent years the company has created plans for dozens of people who made their wealth from the cryptocurrency sector...

Who Remains in the Unhacked Exchange Club After Binance Drama?


In the light of the recent Binance's BTC 7,000 hack, the circle of established and unhacked cryptocurrency exchanges is shrinking. Although crypto exchange hacks are nothing new, the recent hack shows that even the most popular and seemingly trustworthy exchanges aren't immune to hackers. Despite...

Stay in Touch With Markets Using the Cryptowatch App


Cryptocurrency prices and market trends are constantly in flux. Cryptowatch is an Android Wear application that updates users about price changes on the go. It’s always with you, even when your smartphone is not around or runs out of battery. Also read: Coin 360 Provides Color-Based Crypto...

French Giant SocGen Chose Ethereum for its Digital Token Experiment


Major traditional financial companies are quietly experimenting with digital tokens. This time, it's French giant Societe Generale Group (SocGen.) In April, Societe Generale SFH, a subsidiary of SocGen, sold EUR 100 million, or USD 112 million, of covered bonds (debt backed by mortgages) in...

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