Monthly Archives: April 2020

Celsius Lists Libra Challenger for 9.9% Potential Interest

Saga has listed its SGA token on Celsius network, allowing up to 9.9% interest. Crypto lending platform Celsius Network has listed startup Saga’s SGA stabilized asset, unlocking the potential for token holders to earn interest.   “Saga has partnered with leading cryptocurrency interest income platform, Celsius Network,” Saga founder Ido Sadeh Man told Cointelegraph. The collaboration and listing means “users can both preserve their assets’ value with SGA’s proven stabilization mechanism (the IMF’s SDR, a basket of currencies designed to offset currency fluctuations), as well as earn attractive […]

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New Zealand Financial Regulator Warns Public About ‘Profit Bitcoin’ Scam

New Zealand’s financial regulator, the Financial Markets Authority, issued a warning against a suspected Bitcoin investment platform. Amid the apparent global surge of cryptocurrency-related scams, New Zealand’s financial regulator has warned the public against another suspected Bitcoin (BTC) investment scam scheme. In an April 6 statement, the country’s major financial watchdog, the Financial Markets Authority (FMA), issued an official warning against “Profit Bitcoin” — an alleged get-rich-quick scam that promises returns by using software that “wins” Bitcoin trades with “99.4% accuracy.” Scam purportedly involved false claims from […]

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Sensorium’s Senso Token Lists on the Top Ten HitBTC Cryptocurrency Exchange

The move follows a similar listing on the KuCoin exchange and will drive further usage of cryptocurrencies as the innovative Sensorium Galaxy platform is set to attract millions of users worldwide. Los Angeles, 06 April, 2020: Sensorium Corporation has listed its digital currency Senso Token on HitBTC one of the oldest and most advanced cryptocurrency platforms operating today. The move follows a recent listing of Senso Token on the KuCoin cryptocurrency platform and signals Sensorium’s intention to expand its operations and enable users to engage deeply with […]

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Coronavirus Encourages CBDC Developments: Deutsche Bank Strategist

The ongoing coronavirus pandemic accelerates central bank digital currency developments, according to Deutsche Bank macro strategist Marion Laboure. The ongoing coronavirus pandemic accelerates central bank digital currency (CBDC) developments, according to Deutsche Bank macro strategist Marion Laboure. In a tweet from April 3, Deutsche Bank cites Laboure’s claim that the risk of cash spreading the coronavirus further will motivate authorities to consider digital alternatives. CBDCs: a necessary response to the coronavirus As Cointelegraph reported in mid-February, China started a quarantine of its used banknotes in an attempt […]

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Q3 Crypto Ponzi Victims File Class Action Lawsuit Against Wells Fargo

The victims of an alleged $35 million crypto Ponzi are suing Wells Fargo for failing to enforce reporting requirements on an employee accused of co-masterminding the scam. Q3 Investment Recovery Vehicle (Q3IRV), an entity representing the more than 100 victims of the alleged $35 million Q3 Ponzi scheme, has filed a class-action lawsuit against Wells Fargo Advisors. The suit accuses Wells Fargo of failing to inquire into the activities of an employee accused of co-masterminding the scam. The plaintiffs assert that the Wells Fargo subsidiary failed to […]

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Bitcoin Scam on YouTube Masquerades as Coinbase CEO AMA

A popular YouTube channel has been hacked and is live-streaming a purported AMA with Coinbase CEO Brian Armstrong while trying to scam viewers out of Bitcoin. A popular YouTube channel has been hijacked and is currently live-streaming a purported ask-me-anything (AMA) with Coinbase CEO Brian Armstrong. However, the stream, which appears to have been running for 12 hours at press time on April 6, is a scam, encouraging users to send Bitcoin (BTC) payments, with the promise of a non-existent 5,000 BTC giveaway. Classic crypto scam gets […]

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Rich Dad Poor Dad Author Robert Kiyosaki: Dollar Is Dying, Buy Bitcoin

Robert Kiyosaki, the author of the popular book “Rich Dad Poor Dad,” talked about the death of the U.S. dollar and how one should take the government’s free money and buy bitcoin. The best-selling author also explained the cost of free money. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Take Free Government Money and Buy Bitcoin The author of Rich Dad Poor Dad has chimed in on the impact of the free money the U.S. government is giving to small […]

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Blockin Launches Bitcoin Explorer With Detailed Fee Guidance

Blockin, parent company of mining pool Poolin, has launched a new blockchain explorer that will help users select the correct fee for their Bitcoin transactions. Blockin, the parent company of one of popular Bitcoin (BTC) mining pools, Poolin, is launching a new block explorer on April 6. The explorer includes mempool statistics that would help users decide the correct fee to send their BTC payment. Blockin’s explorer provides many of the standard features shared with competing offerings, like block data, transaction information and statistics on network hashrate […]

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Argo Blockchain Defies COVID-19, Mines Record Levels of Bitcoin in Q1 2020

Publicly-listed mining firm Argo Blockchain has broken its own records for Bitcoin mining, seemingly escaping the adverse impact of the COVID-19 pandemic. London Stock Exchange-listed mining firm Argo Blockchain has broken its own records for Bitcoin (BTC) mining, seemingly escaping the adverse impact of the COVID-19 pandemic. An operational update published by Argo on April 6, revealed that the firm had mined 333.8 Bitcoin in March, as compared to 337.5 Bitcoin in February.  Cumulatively, the amount of Bitcoin mined during the first three months of 2020 amounted […]

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Steem Soft Forks to Freeze 17.6M Tokens Held by Former Witnesses

Steem has again taken aim at the blockchain’s former validators, executing a soft fork to freeze 17.6 million tokens associated with its previous witnesses. Tensions between Steem (STEEM) and the Hive (HIVE) community continue to escalate, with Steem executing a soft fork to freeze up to 20 accounts owned by the network’s former witnesses. The frozen accounts hold 17.6 million STEEM, worth approximately $3.2 million and equating to nearly 5% of Steem’s total supply. On April 4, the soft fork was proposed in a Steemit post authored […]

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