Monthly Archives: January 2019

FBI and Homeland Security Agents Raid Tech Campus Over Unauthorized Crypto Trading

U.S. federal law enforcement authorities are among the most active criminal agencies globally against cryptocurrency infractions. A new example of this is that FBI and Homeland Security agents have reportedly raided a technology campus over unauthorized cryptocurrency trading. Also Read: Epic Founder Addresses Fortnite Crypto Rumors, Robinhood Recruiting in London Unauthorized Crypto Trading According to several media reports from Grand Rapids, Michigan, agents from the Federal Bureau of Investigation (FBI), Homeland Security Investigations (HSI) and the Internal Revenue Service (IRS) have raided a not-for-profit technological education group […]

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Dave Rubin Turns to Bitcoin for Crowdfunding After Alleged Patreon Censorship

American talk show host Dave Rubin has announced he is turning to Bitcoin in lieu of the crowdfunding platform Patreon, in protest against the latter’s alleged censorship practices. American libertarian political commentator Dave Rubin has announced he is turning to Bitcoin (BTC) in lieu of the crowdfunding platform Patreon, in protest against the latter’s alleged censorship practices. Rubin made his announcement on Twitter Jan. 6. In an interview with the Washington Examiner last week, Rubin explained his decision to leave Patreon — which reportedly accounts for “between […]

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Ethereum Classic Devs: Hashpower Consolidation on Network Is ‘Not 51% Attack’

Ethereum Classic devs report that what some are calling an ongoing 51% attack on the ETC network actually may be the testing of 1,400/Mh ethash machines. Ethereum Classic (ETC) developers have stated that a mining pool evidently claiming over 50 percent of the network’s hashrate was “most likely selfish mining” in a tweet today, Jan. 7. ETC devs also explicitly stated in the same tweet that the previously noted hashrate consolidation is not a 51 percent attack, and that double spends were not detected. The tweet revealed […]

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Cryptocurrency Exchanges Eye Russia for Expansion Despite Sanctions

Sanctions imposed by governments as part of geopolitical struggles do not always filter through to under-regulated industries. Ambitious businesses covet every opportunity for expansion and diversification. That seems to be the reason why a growing number of crypto exchanges are turning their attention to Russia and its diaspora, despite the disapprobation this risks drawing from U.S. officials. Also read: Crypto-Friendly Statesman Takes Over Swiss Presidency Major Platforms Increase Presence in the Russian World Ever since the annexation of Crimea, Russia’s reemergence as an aspiring military, political and […]

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India: Fourth Suspect Arrested Following Alleged $70+ Million Crypto Scam

Indian police have arrested an associate of a group accused of a $71.6 million crypto scam. Indian police have arrested an associate of a group accused of conducting a crypto scam involving 5 billion rupees (about $71.6 million), English-language local media The Indian Express reports Jan. 7. This is the fourth arrest of the ongoing case and reportedly occurred a year after Thane police uncovered the alleged scam in Mumbai. The man, Rohit Kumar, has reportedly been arrested by Delhi police acting on a complaint from a […]

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Nasdaq-Powered EU Exchange Reveals Crypto Trading Pairs, Tokenized Stocks

Estonia-based DX Exchange, a platform powered by Nasdaq’s technology, has announced the crypto and tokenized stocks available to trade. Nasdaq-powered DX Exchange announced the platform’s launch and available trading pairs in a series of tweets Jan. 6. The digital trading platform uses Nasdaq’s Financial Information Exchange (FIX) protocol. As Cointelegraph previously reported, users of the exchange will be able to trade tokenize stocks in various major global companies. Another tweet on Jan. 6 announced that tokenized stocks of Amazon, Baidu, Apple, Facebook, Google, Intel, Microsoft, Netflix, Nvidia […]

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Japanese Banks Launching Digital Currencies Could Inspire the Traditional Cash Society

Can a largely cash-based society become the leader in bank-issued digital currencies? Japan is known as a land of contrasts. A country where serenity and tranquillity can be found in the middle of the hustle and bustle of large global cities, where proud traditionalism stands side-by-side with the developers and innovators of breakthrough technologies, where kimonos are often found next to the latest fashion trends. This contradictory tendency is no different in Japan’s cryptocurrency ecosystem. It ranks as one of the top crypto-friendly nations on Earth, with […]

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Argentina: NEM Foundation to Develop Blockchain-Powered Copyright System for Journalists

NEM Foundation in Argentina has partnered with a local trade union of journalists to create a blockchain tool to protect intellectual property rights. NEM Foundation in Argentina has signed a memorandum of understanding with a local trade union of journalists. The goal of the agreement is to develop a blockchain-powered solution for copyright protection, Cointelegraph in Spanish reported Saturday, Jan. 5. The memorandum signed with CISPREN — the journalists’ trade union of the city of Cordoba in central Argentina — also implies the development of a Proof-of-Concept […]

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Coinflex Exchange to Offer Leveraged BCH and BTC Futures

Hong Kong-based Coinflex exchange has announced plans to offer futures contracts for bitcoin core (BTC), bitcoin cash (BCH), and ethereum (ETH) with leverage of up to 20x. All futures bought and sold on the exchange will be physically delivered, meaning that when the contracts expire, holders will be paid the underlying cryptocurrency instead of cash. Also read: Thousands of Banned Binance Customers Remain Cut off by the Exchange ‘Crypto Derivatives Could Become Bigger Than Spot Markets’ Coinflex CEO Mark Lamb speaking on Bloomberg Coinflex, which spun off from […]

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Litecoin Founder Stokes Debate Over ‘Bitcoin Extremists’ Tweet

Litecoin founder Charlie Lee has fired community debate in a tweet alleging that “some self-proclaimed Bitcoin Maximalists are actually Bitcoin Extremists.” Litecoin (LTC) founder Charlie Lee has fired community debate with a tweet alleging that “some self-proclaimed Bitcoin Maximalists are actually Bitcoin Extremists.” Lee’s Jan. 6 post argued that: “Some self-proclaimed Bitcoin Maximalists are actually Bitcoin Extremists. They think all other coins are scams and will go to zero. Maximalists think Bitcoin is and will remain the dominant cryptocurrency but there is room for altcoins to exist […]

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