A Tel Aviv resident has been arrested and accused of international phishing fraud, using a collection of websites to steal cryptocurrencies. Eliyahu Gigi, a 31-year-old from Tel Aviv, has been charged with stealing over $1.7 billion in a variety of cryptocurrencies. Gigi allegedly stole BTC, Ethereum, and Dash from users in the Netherlands, Belgium, and […]
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1 AM UTC was the hour of greatest volatility for Bitcoin’s price from 2017 to 2019, crypto analytics firm LongHash found. Researchers at crypto analytics firm LongHash have found 1 AM UTC to be the hour of greatest volatility for Bitcoin (BTC) over the past two years. 1 AM UTC had more daily highs and […]
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Nouriel Roubini derided BitMEX as an example of a criminally unregulated crypto exchange, and called for authorities to enforce crypto regulation at large. Economist and anti-cryptocurrency pundit Nouriel Roubini has recently declared that there is “overwhelming evidence of rampant fraud and abuse” in the crypto space. Roubini, a professor at NYU’s Stern School of Business, […]
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President Donald Trump’s mention of cryptocurrencies is historic, but the blockchain industry deserves a more serious conversation… Over the last few years, United States President Donald Trump’s tweetstorms have become a peculiar yet amusing feature of American public life. The president’s off-the-cuff comments have served a wide variety of purposes, from enriching political discourse with […]
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LibertyX, the firm that launched America’s first Bitcoin ATM, will add 90 new machines by teaming up with DesertATM. LibertyX, the firm that launched America’s first Bitcoin (BTC) automated teller machine (ATM), will add 90 new machines to its network. In order to expand the network, Boston-based LibertyX has partnered with independent ATM operator DesertATM, […]
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ErisX cryptocurrency exchange has joined the Chamber of Digital Commerce, a blockchain-related advocacy group. The United States Chamber of Digital Commerce has taken aboard cryptocurrency exchange ErisX. Per a press release shared with Cointelegraph on July 18, ErisX has become a member of the Chamber of Digital Commerce, an advocacy group that promotes the digital […]
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The potential benefits of tokenization for the liquidity of commercial real estate. The commercial real estate sector is squarely in the sights of the blockchain industry. Advocates justifiably believe that the technology offers the ability to streamline everything from capital formation to transaction settlement at hitherto unseen levels of speed and efficiency. Additionally, through a […]
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In a fiery tweet, US Congressman Brad Sherman has claimed Facebook’s Libra could benefit oligarchs, terrorists and drug kingpins. A United States Democratic congressman has claimed “Mark Zuckerberg is sending a friend request to oligarchs, drug dealers, human traffickers and terrorists” by launching Facebook’s Libra cryptocurrency. In a combative tweet on July 17, Brad Sherman […]
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Treasury Secretary Steven Mnuchin rejected the idea that cash is laundered all the time, implying that Bitcoin is. Treasury Secretary Steven Mnuchin said that the authority will be preventing Bitcoin (BTC) from becoming an “equivalent of Swiss-numbered bank accounts.” U.S. secretary of the treasury to closely monitor Bitcoin regardless of price In a press briefing […]
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A brief recap of this week’s U.S. Congress hearings on Libra. The United States Congress’ hearings on Libra are over. First, on July 16, the Senate Banking Committee held a testimony on Facebook’s cryptocurrency project, which was followed by a meeting organized by the House of Representatives Financial Services Committee on the next day. David […]
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