Monthly Archives: April 2018

Many Brits Confuse Cryptocurrency with Something Else

According to a new poll, many British people have little or no idea what cryptocurrency really is. Terms like “blockchain” sound familiar, but often in completely different contexts. The authors of the study have compiled a “Techionary” to acquaint the public with some common acronyms and buzzwords. Also read: Financial Professionals Bet On Rising Cryptos, UK Report Crypts and Toilets The survey has revealed that a great number of British citizens may have an entirely wrong idea about basic crypto-related terms. It shows that despite the growing […]

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China’s New Central Bank Head Is Pro-Market, Could It Impact Cryptocurrency Industry?

Given the government’s support towards native blockchain projects, and the election of pro-market economists like the new PBoC head Yi, it is likely that some pro-blockchain legislation will be released. Yi Gang, an American-trained economist, has been elected by the Chinese government to take over the People’s Bank of China (PBoC), the country’s central bank, as its head. The election of a pro-market economist could have a positive impact on the cryptocurrency market. Pro-market, favors freedom Both Chinese President Xi Jinping and PBoC’s new leader Yi Gang […]

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Kazakh National Bank Considers Ban Of Crypto Trading, Mining In The Country

Kazakh National Bank brings up crypto exchange and mining ban, citing lack of regulation and potential for money laundering. Kazakhstan’s National Bank is considering banning exchanges of cryptocurrency for the national currency, the tenge, as well as crypto mining, local news outlet Sputnik reported March 30. Daniyar Akishev, the chairman of the National Bank, said that they are “taking a very conservative approach toward the matter, and it welcomes nothing but extremely tough restrictions”, stating: “Therefore, we want to ban the exchange of digital currencies for the […]

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Report: Stealth Crypto Mining Much More Prevalent In Higher Ed Than Other Industries

Both crypto mining and cryptojacking are more common on college campuses than in the five other industries studied, according to Vectra report Both intentional cryptocurrency mining and cryptojacking is becoming more prevalent on college campuses than in any other industry, according to a blog post published March 29 by cyber attack monitoring firm Vectra. Vectra analyzed five industries where crypto mining – which the blog post defines as “an opportunistic attack behavior that uses botnets to create a large pool of computing power”, incorrectly combining crypto mining […]

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Test Drive: New Cryptocurrency Mobile App ‘Circle Invest’

This week news.Bitcoin.com gave the beta version of the new Circle Invest application a trial on Apple’s Testflight platform. The new Circle app aims to be a Coinbase competitor by the looks of the user interface as the platform has a lot of similarities. See also: How to Buy Bitcoin When You’re Underage The Circle Invest App On Testflight Just recently we were sent an invitation code to give the new Circle Invest app a test, so we decided to give our readers a sneak peek before the […]

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US Bitcoin Trader Convicted for Illegal Money Transmission and Laundering

The U.S. government has been cracking down on individuals utilizing the peer-to-peer platform Localbitcoins. This week an Arizona resident named Thomas Costanzo was convicted for money laundering tied to over $164,000 worth of cryptocurrency trades. Also Read: Arizona Localbitcoins Trader Detained by U.S. Homeland Security Two Years Worth of BTC Trades Investigated The U.S. Attorneys Office from the District of Arizona and the Justice Department has convicted a trader named Thomas Costanzo (AKA Morpheus) who exchanged over $164,000 worth of BTC on the Localbitcoins platform. The officials claim […]

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Is Crypto Space Fated to Become Another Dotcom Bubble?

An expert view on crypto ‘bubble’ accusations. The views expressed here are the author’s own and do not necessarily represent the views of Cointelegraph.com. The cryptocurrency craze over the past year saw the prices of crypto tokens rise to tens of thousands of times their original values. And Bitcoin wasn’t the only token to reach its all-time high. Even the prices of altcoins like Ethereum, Cardano, Ripple, Stellar, and NEO were all buoyed to new heights by the increased demand from investors seeking to take a piece […]

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Report Details Surge in Crypto Mining on College Campuses

A report published by cybersecurity company Vectra has detailed what it describes as an “alarming surge in cryptocurrency mining on college campuses.” Also Read: Markets Update: Cryptocurrencies Lose Over 20 Percent This Week  Colleges Become Hotbed for Mining Activities Vectra’s report asserts that opportunistic students, malicious hackers, and even cryptocurrency mining scripts hosted by websites, are sapping power from universities to freely mine virtual currencies. The analysis concludes that higher education is by far the largest industry that “exhibit[ed] cryptocurrency-mining attack behaviors from August 2017 through January 2018.” Vectra’s […]

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Get Crypto Tab Is a Rediculous Pyramid Scheme

wow…you too can make 32 million dollars! by simply inviting 10 friends that invite 10 other friends. or if they invite no one they get paid zero dollars. so you can cost all your good friends electricity for no good reason!! cool!! all i gotta do is invite 10 billion people. there arent even 10 billion people on the planet but who cares right? no one looks at numbers! Sign up with coinbase. buy or sell 100 dollars in crypto currency and get 10 dollars of bitcoin […]

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Cambodia’s Crypto Industry Marches Forward Despite Legal Grey Area

Cambodia’s cryptocurrency sector appears to be marching forward, despite the absence of clear regulatory guidelines pertaining to virtual currencies.  Also Read: PBOC to Strengthen Cryptocurrency Regulations in 2018 Regulatory Ambiguity Fails to Deter Cambodia’s Cryptocurrency Sector A report published by The Phnom Penh Post suggests that Cambodia’s virtual currency industry is pressing forward in spite of the regulatory ambiguity surrounding cryptocurrencies in the country. The founder of the Khmer Crypto Foundation, In Mean, told local media that individuals operating in Cambodia’s cryptocurrency sector do so with great care […]

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