Category Archives: Crypto News

‘These Guys Just Need Money’: What Do Venezuelan Users Think of the Petro?

Why the cryptocurrencies are not saving the country in a crisis. When the Petro was unveiled to the world by Venezuela’s President Nicolas Maduro, he led the cheering squad about what a groundbreaking and successful idea it would be. A government-backed, oil-pegged, cryptocurrency that would aid the ailing Venezuelan nation in their time of crisis with a hyper-inflated currency. However, the pomp and promise of the Petro has quickly been dissected and seen through as the feeling coming from those in Venezuela, as well as those who […]

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How to Easily Recover Old wallet.dat Private Keys With PyWallet

From time to time people tend to remember that they have minded BTC, LTC, DOGE or another of the earlier cryptocoins back in the day when they suddenly find an old wallet.dat file and then the problem with recovering the private keys and the coins in the wallet arises, we often get questions on how to do that. The easiest way would of course be to just copy the wallet.dat file in a new installation of Bitcoin Core or the respective local wallet and wait for the […]

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Texas Regulator Orders Another Crypto Scam To Stop Selling Fraudulent Securities

The Texas State Security Board has issued a cease and desist to crypto investing site LeadInvest, citing a fraudulent selling of unlicensed securities. The Texas State Securities Board has issued an emergency cease and desist order on Feb. 26 to website Leadinvest.com, citing a failure to disclose information about its specialists and cryptocurrency mining activities, as well as fraudulently selling unlicensed securities and overall “[threatening] immediate and irreparable harm.” Already in January of this year, the Texas State Securities Board has sent two other cease and desist […]

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Steve Wozniak ‘Loses 7 BTC’ In Unlikely Credit Card Fraud

The case of Steve Wozniak’s Bitcoin theft raises questions over circumstances surrounding fiat trade. Apple co-founder Steve Wozniak allegedly lost seven bitcoins to fraudsters using a stolen credit card, the India Economic Times reported Monday, Feb. 26. The tech veteran was speaking at the Global Business Summit 2018 in New Delhi when India Economic Times reported him admitting to the audience he had lost the funds – seven bitcoins to be exact – now worth about $75,000. “I had seven bitcoins stolen from me through fraud. Somebody […]

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Russian Crypto Developer Beaten, Robbed Of 300 BTC On Moscow Streets

Russian crypto developer Yury Mayorov was kidnapped in Moscow, beaten, robbed of 300 BTC, and forced by the robbers to take an unknown pill after with a swig of vodka. Four unknown men kidnapped Yury Mayorov, the creator of cryptocurrency PRIZM, Forklog news outlet reported yesterday, Feb. 26. According to Forklog, Mayorov was robbed of $20,000, 300 bitcoins (BTC), and three iPhones. Data on CoinMarketCap shows that PRIZM has a total market cap of around $15.5 mln, and is trading at around $1.04 by press time. According […]

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Blockchain-based Artificial Neural Networks To Save Thousands Of Lives From Medical Errors

sponsored A company is using Blockchain to train and use AI systems in medical care. When we consider quite how far medicine has developed worldwide in the past century, it could be easy to become complacent and assume that we have advanced our treatment methods and capabilities as far as possible. However, a 2016 study revealed some quite shocking statistics regarding healthcare mistakes; namely, that 250,000 US citizens were killed every year from medical errors, such as misdiagnosis or incorrect dosage administration by healthcare professionals. This technically puts […]

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$5.7 Trln Investment Company BlackRock: Cryptocurrency Will Be ‘Widely Used’ In Future

The world’s biggest investment firm BlackRock has said cryptocurrency will be “more widely used” in the coming years. The world’s largest investment company BlackRock has continued its bullish forecast for cryptocurrency, saying it sees “wider use” in the future in its weekly commentary report released Monday, Feb. 26. The investment management giant with $5.7 trln in assets under its control said that it would take time for cryptocurrency’s volatility to dissipate so it could enter traditional investment portfolios. “Our bottom line: We see cryptocurrencies potentially becoming more […]

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Taiwanese Central Bank Sees Future In Blockchain For Payment Systems

The new governor of Taiwan’s central bank, Yang Chin-long, said in his welcome speech that the bank will be willing to explore Blockchain technologies. Yang Chin-long, the new governor of Taiwan’s central bank, indicated in a speech yesterday, Feb. 26, that the bank would be open to exploring Blockchain technologies. At the end of January, Taiwanese capital Taipei had announced that they intended to turn into a ”smart city,” utilizing Blockchain for providing technological advances like pollution sensors and health history tracking to citizens by partnering with […]

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Israeli Supreme Court Prohibits Banks From Restricting Crypto Activity In Landmark Decision

Israel’s Supreme Court has ruled yesterday that banks cannot limit the activity of bank account associated with the crypto industry. Israel’s Supreme Court has issued a temporary court order prohibiting Leumi Bank from restricting the banking activity of crypto broker Bits of Gold, Finance Magnates reported yesterday, Feb. 26. The Supreme Court’s decision, that has been described as “precedent-setting,” means that banks in general cannot limit accounts associated with the crypto industry. In June 2017, the district judiciary court in Tel Aviv had supported Leumi Bank when […]

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Crypto VC Firm Digital Currency Group Invests $114 Mln In Pro-Crypto Silvergate Bank

Cryptocurrency venture capital firm, the Digital Currency Group, has tweeted an announcement of their investment in the crypto-friendly Silvergate Bank. The Digital Currency Group (DCG), a cryptocurrency venture capital firm, has reported they have invested in the Silvergate Capital Corporation, which contains the crypto-friendly Silvergate Bank, in a tweet yesterday, Feb. 26. We are thrilled to welcome Silvergate Bank to the DCG family of companies https://t.co/gglkakVlpa — DigitalCurrencyGroup (@DCGco) February 26, 2018 The Silvergate Capital Corporation had posted on its site yesterday, without disclosing the investors, that […]

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