Scams and frauds were still prevalent in 2018 despite a decline in the cryptocurrency market value. 2018 will long be remembered as the start of a significant cryptocurrency bear market, but the declining market still provided opportunities for scam artists to snag unwary investors. Given that 2017 was a breakout year for Bitcoin (BTC) and […]
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Venezuelan government’s official newspaper has published a decree that allows the authorities to tax operations with cryptocurrency and foreign fiat. Venezuelan government has published a new decree that introduces taxation for operations with cryptocurrency and foreign fiat in its official newspaper Monday, Jan. 7. The decree No. 3,719, published in the Gaceta Oficial edition No. […]
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Ukraine’s central bank official says there are too much regulators in the country trying to oversee the cryptocurrency industry, urges to weaken control. Overregulation in Ukraine is reportedly preventing the cryptocurrency industry from evolving in the country. An official of the Ukrainian central bank (NBU) told this to a local crypto news outlet LetKnow Tuesday, […]
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Organizers of the “Collectors’ Referendum” expect it to be the “most effective” demonstration so far. French grassroots political movement the Gilets Jaunes — Yellow Vests — is planning a bank run similar to Bitcoin’s (BTC) Proof of Keys, sources revealed on social media Jan. 7. Dubbed the “Collectors’ Referendum,” the latest demonstration by the movement […]
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sponsored A blockchain project is enabling the public to send and receive crypto through Facebook Messenger, and says this could be the catalyst for mainstream adoption. A company is giving Facebook users a way to securely send and receive crypto through Messenger — all while keeping sensitive information private. Lite.IM says its bot currently supports […]
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Switzerland-based crypto exchange ShapeShift has laid off 37 of its employees, reducing the size of its team by a third. Switzerland-based cryptocurrency exchange ShapeShift has laid off a third of its team, the exchange’s CEO Erik Voorhees announced in a tweet today, Jan. 8. According to a company blog post accompanying the Twitter announcement — […]
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Litecoin creator Charlie Lee has suggested that a decentralized cryptocurrency is by definition exposed to 51 percent attacks, otherwise it is centralized. A decentralized cryptocurrency is by definition vulnerable to 51 percent attacks, the creator of Litecoin (LTC) Charlie Lee stated in a tweet Jan. 7. In the wake of recent news about unusual mining […]
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U.S. law firms Silver Miller and Levi & Korsinsky have filed a class action lawsuit against Nano devs for allegedly violating securities laws. Two United States law firms have filed a lawsuit against the developers of altcoin Nano (NANO) as well as Italian cryptocurrency exchange BitGrail, according to a notice published Jan. 7. Crypto-focused law […]
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The Federal Court of Australia has imposed a travel ban and frozen the funds of John Bigatton, a promoter of $2.6 billion alleged Ponzi scheme Bitconnect. The Federal Court of Australia has imposed a travel ban and frozen the funds of John Bigatton, a promoter of reported $2.6 billion Ponzi scheme Bitconnect, daily newspaper The […]
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Coinbase has increased the amount of ETC that was allegedly double spent following a 51 percent attack. A deep reorganization of the Ethereum Classic (ETC) blockchain, which reportedly included double spending, has involved more than $1.1 million worth of crypto, United States crypto exchange Coinbase revealed Monday, Jan. 7. According to the Coinbase blog, the […]
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