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Amandeep

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Re: Crypto News
« Reply #80 on: April 16, 2018, 11:29:33 AM »
Bitcoin case study: Aniket Patel is an Indian teenager and cryptocurrency investor who is still working on his school exams. Despite this, Patel spends more time checking the Reserve Bank of India’s (RBI) website than scouting for exam results.

Bitcoin doomsayers have once again called it too early. Bank of America Corp., the second-largest bank in the US by total assets, announced that “the greatest bubble in history is popping”. Somehow, it doesn’t seem that way. The price of Bitcoin has broken above the $8,000 mark and has steadily collected gains over the weekend.

New Delhi – Coinsecure, an Indian digital money trade, said about $3 million were stolen from its bitcoin wallet, the greatest announced so far in the nation’s young virtual cash market.

Last night, Bitcoinist reported that Binance, one of the most popular cryptocurrency exchanges in the world, would likely be executing its unspecified quarterly coin burn sometime today — which is exactly what happened. Burn Victims Earlier today, the Binance team announced the results of its Q2 2018 coin burn in an official post on the exchange’s support page, writing: Fellow Binancians, In accordance with our whitepaper, we have now completed the burn of 2,220,314 BNB ...


In just two days, the U.S. tax filing deadline, April 17th, will be here. Despite this, only a very small fraction of Americans have reported their cryptocurrency holdings.

Lesser-known cryptocurrencies such as XVG, EOS, and ONT continue to outperform the majors.

The mayor-president of Lafayette thinks the local government needs a cryptocurrency, but is vague about what purpose it would serve.

Yahoo Japan confirmed that it has invested in Japanese crypto exchange BitArg through a subsidiary.

Tax firm Credit Karma reported that less than 1 in 250 users reported cryptocurrency gains or losses on their tax forms.

BitGo co-founder and CTO Ben Davenport will step down from his position next week, he announced Friday.

Coinbase's new VC arm raises thorny questions about the influence the startup wields across the crypto market and potential conflicts of interest.

New patent filings from Mastercard explore a blockchain-based identity data storage system.

Amandeep

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Re: Crypto News
« Reply #81 on: April 17, 2018, 12:12:26 PM »
Crypto Investor Reportedly Hacked For $2 Mln On Live Stream, Internet Calls Foul Ian Balina, a cryptocurrency investor and advisor, was reportedly hacked for more than $2 mln in crypto while doing a live stream on his YouTube channel Sunday, April 15, that he advertised as “Hacking the System.”

In an effort to strengthen its ever-expanding role in the cryptocurrency space, Coinbase has acquired Cipher browser – a competitor to its in-house Ethereum wallet, app browser and secure messaging service.

Nothing can be a better lift for a cryptocurrency than news that a major exchange will be listing it or expanding trading options.

Ripple Calls On UK Regulators To End “Wild West” Of Cryptocurrencies The world’s third largest cryptocurrency Ripple, has called on UK regulators to follow the lead of Japan and end the “Wild West” days of cryptocurrency markets by implementing new rules, The Telegraph reported April 15. Ryan Zagone, Ripple’s head of regulatory relations, urged British regulators to find a balance between “capturing risk…...

Players in Thailand’s crypto markets have petitioned the Finance Ministry to either delay or waive altogether a combined 22% tax burden aimed at dissuading investors from putting money into ICO’s and cryptocurrency within the Kingdom.

Tuesday, April 17 is tax day in the United States of America – but early numbers are suggesting cryptocurrency investors aren’t being entirely upfront with the government’s tax collectors. Our Little Secret Nobody likes doing their taxes, especially now that reporting profitable cryptocurrency trades is required by law. Going through a years’ worth of trades and reporting profits is time-consuming and complicated — and it’s not being done.

The Bank of Japan said it has no plan to issue a central bank digital currency due to concerns over financial stability.

A person with knowledge of the situation said all major banks are likely to be weighing the same decision.

Global insurance company Marsh is piloting a proof of insurance platform on a blockchain with IBM's help.

Victims of the $3 million theft at bitcoin exchange Coinsecure will receive a refund on their stolen funds, but it may not be in BTC.

Ripple's XRP is now outperforming its peers and could continue scaling key levels against bitcoin, the technical charts suggest.


Amandeep

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Re: Crypto News
« Reply #82 on: April 18, 2018, 11:31:37 AM »
A Taiwanese Bitcoin Miner nearly paid for his life after being shot at by gangsters for allegedly reneging on a mining deal by not providing payment. The victim went on to blame China and their strict anti-cryptocurrency regime for the lack of available funds. There are many ways to be a part of the crypto industry.

History warns us of the past in order to make sense of the present. Yet History offers no suggestion regarding the path that technology is taking us. What we are left with the crypto-space is a great field of improvisation that has seldom been seen before.

IMF’s Lagarde Counters Crypto Warnings With New Praise Of ‘Potential Benefits’ The head of the International Monetary Fund (IMF) Christine Lagarde was buoyant about cryptocurrency in a blog post in support of the technology, published Monday, April 16.

As the end of U.S. tax season approaches, Bitcoin bulls believe that the digital currency will finally begin its next run to prices over $20,000. But is it really going to run? The past few months have been rough for cryptocurrency investors, with the cryptocurrency market cap plummeting from a high of $820 billion all the way down to $250 billion.

As the Cryptocurrency market expands more and more people are looking to get in on the modern day “gold rush.”

An Indian startup is taking the country's central bank to court over its decision to bar banks from dealing with crypto businesses.

New York's attorney general is taking a closer look at some of the most well-known cryptocurrency exchanges.

A New York resident has been indicted on fraud charges for tricking residents into investing in worthless binary options and a proprietary token.

How to make sense of a fast-changing crypto market? Crypto Asset Management's Tim Enneking provides his seven core tenants for investing.

Like elsewhere in crypto taxation, the rules for funds are far from straightforward, and discrepancies may lead to non-intuitive outcomes.

U.S.-based cryptocurrency exchange Kraken has announced it is shutting its doors for investors in Japan, citing operational costs.


Amandeep

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Re: Crypto News
« Reply #83 on: April 19, 2018, 12:20:27 PM »
Backpage CEO Pleads Guilty to Laundering Money Using Cryptocurrencies Not too long ago, the Backpage.com platform was seized by the US government. This particular development also had some repercussions for cryptocurrencies, as the site’s CEO was charged with laundering money using Bitcoin and other cryptocurrencies. It now seems he has pled guilty to these charges and intends to flip…...

Bitcoin may still be a long way from its past peak, but public awareness of the leading cryptocurrency is at an all-time high – especially in England. What, You’ve Never Heard of Bitcoin? Finding someone who’s never heard of Bitcoin is quite the rarity these days. 93 percent of people in the United Kingdom have now heard of the formative cryptocurrency — up 2 percent from January 2018 and up 13 percent from November 2017. ...

It’s every cryptocurrency investors worst fear, the exit scam, and it may have just happened again. All signs point towards the founder of Savedroid having taken the company’s money and ran.

Six months ago, South Korea — one of the largest cryptocurrency markets in the world — banned the issuance of new cryptocurrencies. However, that hasn’t stopped South Korean blockchain entrepreneurs from circumventing the country’s restrictions by launching Initial Coin Offerings (ICOs) overseas.

The International Monetary Fund has reported that the global debt has hit $164 trillion marking a trend that could lead to a catastrophic recession if countries fail to pay off debts due to strict financing conditions.

Cryptocurrency miners in South Korea may find it to be more difficult in getting foreign-made mining chips imported to the country.

Dow Jones Media Group has partnered with privacy-focused web browser Brave to explore blockchain applications for digital publishing.

Filmmaker Seif Elsbei's Twitter account has been hacked, and took on the personas of at least six different cryptocurrency developers and exchanges.

Cannabis social networking company MassRoots is developing a crypto rewards token and other blockchain applications.

Sindri Thor Stefansson, the alleged culprit behind the theft of 600 cryptomining computers, escaped from prison earlier this week.

The Philippines SEC has issued a warning to the public to be cautious on 14 cryptocurrency investment schemes in the country.

Cambridge Analytica reportedly planned to launch its own cryptocurrency before the controversy over its misuse of facebook data.

Bitcoin remains on the hunt for a bullish move over $8,400 after recovering from a sharp overnight dip.

Indian private bank ICICI Bank has on-boarded more than 250 corporate firms to undertake trade finance transactions on blockchain network.

Amandeep

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Re: Crypto News
« Reply #84 on: April 20, 2018, 12:11:01 PM »
BitDegree, a Lithuanian cryptocurrency startup, hopes to help change the face of online education through their online platform and cryptocurrency.

The blockchain technology is blasting our modern world. No matter if you are a newcomer in this market or a professional trader, it is easier to become a cryptocurrency holder than you think. There not that many people who have several spare thousand dollars to buy Bitcoin. You’d rather take a smaller amount and spend it for a completely new but promising cryptocurrency that will gain its value with some time.

Crypto markets are maturing, it remains to be seen how many companies that have raised money by issuing tokens will be alive in the next two years.  For anyone serious about blockchain technology and ICOs, Blockchain Expo Global is a must event to attend and this year, the event has attracted even more visitors than before.

Listing properties for Bitcoin is an emerging trend. Now, one cryptocurrency believer is opening up his six-story brick-and-mortar home on New York’s Upper East Side for purchase with Bitcoin, Ethereum, and Ripple.

Digital currency trade Huobi has declared that it is setting up a London-based office as it looks to extend itself outside of Asia.

Saxo Bank analysts have called the beginning of a new period of growth for cryptocurrency prices, eyeing Q2 2018 as a “springboard” for fresh upside. ‘Self-Fulfilling Prophecy’ In its Quarterly Outlook this week, the famously pro-Bitcoin institution said a mixture of global political uncertainty, tightening of credit access and commodities volatility could all see new money pouring into crypto markets.

Cryptocurrency mining orders have helped set a new monthly sales record for Taiwanese semiconductor maker TSMC.

Blockchain startup Gem has created a one-stop shop crypto services platform comprised of a portfolio tracker, a wallet and a 'discovery tool.'

A pair of Walmart patent applications discuss encrypting payment information using a blockchain.

Belgium has contributed €2 Million to support U.N. World Food Programme projects, including its blockchain payments pilot for Syrian refugees.

One of the few cypherpunks in a room full dominated by financial services, Szabo urged blockchain developers not to forget about decentralization.

With fatigue for trials setting in, business blockchain builders are talking creatively about how to handle the costs of distributed ledger networks.


Amandeep

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Re: Crypto News
« Reply #85 on: April 21, 2018, 02:28:21 PM »
Crypto “revolution” has been most evident in the fintech sector but it slowly making inroads in other areas and even artists are beginning to appreciate the benefits that cryptocurrency can bring. A series of articles by Tim Schneider from ArtnetNews pretty much sums up the current state of play in the art world and the digital economy, and I urge anyone who is interested in the topic to review those in greater detail.

Bitcoin Cash is already seeing a price bump as the next hard fork approaches in less than a month. Faster transactions and new operation codes coming. Hard Fork will Make Bitcoin Cash Faster As the granddaddy of all cryptocurrency Bitcoin was a revolutionary idea built on groundbreaking technology, devised by an unknown, or group of unknown geniuses.......

Australia’s Hunter Energy has signed a contract with the IOT Group, a cryptocurrency mining firm, in an effort to reopen a coal power plant in the Hunter Valley Region of Australia. The move would sell electricity at wholesale costs to blockchain companies in an effort to encourage blockchain innovation in the country.

Tezos Co-Founder Sanctioned By US Financial Watchdog The co-founder of Tezos, the cryptocurrency project that made headlines with its $232 million initial coin offering last year, has received a sanction order from a U.S. financial regulator.

Online casino gambling is the biggest industry on the web right now and if you’ve ever wanted to build your very own online casino, now is the best time to do so! 2018 is the year for the entrepreneur and the internet adventurer, with all sorts of possibilities now available.

Reports this week erroneously suggested that Quebec's Chief Scientist dismissed concerns about the illicit usage of bitcoin, his office said.

Russia's supreme court has ordered a municipal court in St. Petersburg to consider an appeal from a blocked cryptocurrency information site.

The Department of Justice has unveiled fraud charges against a co-founder of cryptocurrency startup Centra.

Bitcoin may be inching up of late but the market for alternative cryptocurrencies remains a choppy sea of big winners and losers.

The cloud computing giant's offering comes just as Digital Asset, another enterprise blockchain firm, announces a developer kit for smart contracts.

A lesser-known bitcoin indicator appears to be undergoing a notable change, one that could signal where the crypto asset's price is heading.

The European Parliament has voted for regulations to prevent the use of cryptocurrencies in money laundering and terrorism financing.

Arthur Breitman, co-founder of cryptocurrency project Tezos, has been barred by FINRA from any association with broker-dealers for two years.

Belgium has contributed €2 Million to support U.N. World Food Programme projects, including its blockchain payments pilot for Syrian refugees.

Amandeep

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Re: Crypto News
« Reply #86 on: April 23, 2018, 10:58:50 AM »
Bitcoin adoption as a currency finds different motives among users, depending on factors such as geography, politics, economic systems, and even literacy. The ones who need Bitcoin the most may even be unaware of its existence due to illiteracy and lack of internet access.

Everyone has an opinion on cryptocurrency. This is especially true when it comes to investing in this new form of money. Back in 2015, an interesting comment surfaced in regards to buying Ethereum.

In the world of cryptocurrency, some coins are more popular than others. Finding a viable metric to determine this success is pretty difficult. For Shapeshift, it seems their BTC to BCH conversion generates most of the volume. While this statistic only tells part of the story, it’s still interesting to keep an eye on.

After a 27% gain, it appears that the Bitcoin bulls are back in control!  Highlights Well, it’s certainly been an entertaining month for cryptocurrencies and Bitcoin prices have finally started to reclaim ground that was lost in Q1. BTC prices are up 27% for the month, altcoins skyrocketed with many racking up double-digit gains and the cryptocurrency market cap is pushing $396 billion which is an amazing $150 billion gain from last month.

Regulation is a very dicey subject in the world of cryptocurrency. On paper, regulating this industry makes no sense and serves no real purpose. Applying guidelines to a decentralized ecosystem is not all that easy.

Oki Matsumoto's comment raises eyebrows, given that his firm just plumped for a crypto exchange of its own.

Verge may have burst onto the crypto scene seemingly overnight, spurred by a deal with a top porn site, but its history and controversies run deep.

Sindri Thor Stefansson, the alleged thief behind the "Big Bitcoin Heist," says he was free when he escaped from prison and flew to Sweden.


Amandeep

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Re: Crypto News
« Reply #87 on: April 24, 2018, 12:00:50 PM »
Binance And Crypto Savannah Partner To Bolster Ugandan Economy Leading global cryptocurrency exchange Binance has recently partnered with Ugandan Blockchain organization Crypto Savannah in order to support economic development of the East African country, according to a tweet from Binance CEO Changpeng Zhao April 22.

If Senator Leila de Lima has her way, crypto criminals in the Philippines will be facing tougher punishments for their crimes. Bitcoin’s fantastic price rise last year prompted interest from both seasoned and novice investors. It also garnered the attention of scam artists and fraudsters focused on taking advantage of their victims’ naivete with regard to investing in cryptocurrencies.

Third Centra Co-Founder Charged With Fraud as Team Never Planned to Deliver the Goods Things are quickly going from bad to worse for the Centra ICO. While it’s a well-known project with celebrity backing, the team running the show has a lot of explaining to do.

If you even passively follow the cryptocurrency market, you’ve probably taken notice of Bitcoin Private – a lovechild of sorts hard-forked from both Bitcoin (BTC) and ZClassic (ZCL) which has been on an absolute tear as of late.

India’s recent problems with cryptocurrencies and the exchanges that trade them has caused investors a lot of stress, both locally and globally. Fortunately for crypto-enthusiasts, dealings have now reached the country’s high courts. Challenging Royal Bank of India’s Crackdown Yesterday, April 22nd, the Delhi high court issued a notice to the Reserve Bank of India......

Time To Get Back into Crypto,’ Declares Socialite Gambler Dan Bilzerian   Dan Bilzerian, serial socialite and son of Armenian takeover specialist Paul Bilzerian, has told his millions of fans it is “time to get back in” cryptocurrency.

Bitcoin's price is back at 40-day high, followed by a similar trend seen in the overall cryptocurrency market today.

Coinbase has lost another appeal in a case brought by former customers of the defunct exchange Cryptsy, and the case will now proceed to a jury trial.

The High Court of Delhi has recognized a petition over the Reserve Bank of India's ban on banks engaging with cryptocurrency services.

The Central Bank of Iran is the latest national bank to sound the alarm on the cryptocurrencies, fearing of its misuse in money laundering and fraud.


Amandeep

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Re: Crypto News
« Reply #88 on: April 25, 2018, 10:45:55 AM »
Facebook Faces Defamation Lawsuit in Connection with Cryptocurrency-Related Advertisements Things are quickly going from bad to worse for Facebook. The world’s leading social media platform is under fire from many angles.

Europe’s oldest cryptocurrency exchange is on the block and it looks like Nexon is going to be the buyer according to unknown sources who spoke to Business Insider. Gaming Giant Bids On Crypto Exchange South Korean based gaming behemoth Nexon is said to be acquiring Bitstamp, the worlds first cryptocurrency exchange for $350 million according to

How many financial firms are looking to get involved with cryptocurrency? Twenty percent, according to an industry poll conducted by Thomson Reuters — and that’s likely just the start. The Herd is Approaching A survey by Canadian multinational mass media and information firm Thomson Reuters found that 20 percent of its more than 400 clients are considering making a concerted push into the cryptocurrency market within the next half year.

Weekly Price Overview: Cardano, April 24 The market data is provided by the HitBTC exchange. Cardano is the seventh largest cryptocurrency in terms of market capitalization. It has made a stellar comeback in the past few days on the back of its listing on the Huobi exchange and introduction of additional trading pairs on Binance exchange.

The Russian government has demanded lawmakers make several alterations to the country’s forthcoming cryptocurrency regulation before it becomes law in July.

Ether & Ripple Doomed As Securities According to Regulation Expert Former Obama administration financial regulator Gary Gensler believes cryptocurrencies such as ether and ripple appear as unregistered securities, and in current violation of the law.

TD Ameritrade used bitcoin's "memo" area to plant a digital flag on the cryptocurrency's ledger.

Arizona's revamped cryptocurrency tax bill was approved by a key committee on Monday.

A survey conducted by Thomson Reuters found that around 20 percent of its financial services clients are mulling trading cryptocurrencies in 2018.

Martin Lewis, a British personal finance writer, is suing Facebook for allowing his likeness to be used in scammers' advertisements on the platform.

SK Telecom has announced plans to launch a blockchain-based platform aimed to simplify payment and subscription processes.


Amandeep

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Re: Crypto News
« Reply #89 on: April 26, 2018, 11:49:44 AM »
As the Bitcoin Cash hard fork date approaches wall streets favorite crypto analyst Tom Leee sides with Bitcoin over Bitcoin cash for new money. Lee Likes Bitcoin Over Bitcoin Cash Tom Lee sat down with the panel of CNBC’s Fast Money once again to talk about the differences between Bitcoin and Bitcoin cash at the......

Have you heard? Bitcoin is back — and with it, altcoins have been surging. But what’s driving the renewed bullish sentiment? The Storm is Over As of Wednesday morning, things are looking healthy in the greater cryptocurrency market. At the time of this writing, Bitcoin is currently holding above the $9000 level, while the majority of altcoins — which all enjoyed significant run-ups over the past couple of weeks — are finally experiencing a much-needed ...

Cryptocurrency Has Potential to Threaten Fiat: South Korea’s Finance Minister Kim Yong-jin, South Korea’s Deputy Minister of Strategy and Finance, stated at a financial conference held at InterContinental Seoul that the cryptocurrency market is growing exponentially and gaining stability.

Philippine Gov’t To Allow Country’s First Crypto Businesses In Special Economic Zone The Philippine government will allow 10 Blockchain and cryptocurrencycompanies to operate in the Cagayan Economic Zone, Reuters reports April 25.

Binance has launched a new feature that allows users to convert crypto dust into BNB tokens. Changpeng Zhao (CZ), the Binance CEO made this known via a tweet on April 23, 2018. What is Crypto Dust? Crypto dust refers to a fractional cryptocurrency value. It is usually impossible to trade crypto dust due to the fact that they are less than the transaction fees. Being lower than the minimum trading limit, it usually sits idle ...

KittyRace Lets CryptoKitties Race One Another on the Blockchain It was only a matter of time until we saw some further developments in the CryptoKitties department. That particular project has raised a lot of money and attention over the past few months.

Japanese investment giant SBI Holdings has added an initial coin offering (ICO) platform startup to its cryptocurrency portfolio company.

Gemini plans to monitor its exchange for potential illicit activities using Nasdaq's SMARTS Market Surveillance technology.

The fork of a fork of zcash made it onto Digital Currency Group's "conviction list."

A Cisco patent suggests that internet customers would be able to create a distributed mining pool through a proprietary cloud application.

While fraud and 'bad actors' are a concern in the crypto industry, US Rep. Patrick McHenry says Congress should not rush to regulate.

The CEO of Nasdaq suggested Wednesday that the company could open a cryptocurrency exchange in the future.

EOS is largely bucking the downtrend in the wider crypto market and may hit fresh all-time highs soon, according to technical analysis.

The founder of the Binance exchange is facing a lawsuit in Hong Kong over allegations he breached an exclusivity agreement with a big-name investor.

 

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