Inside the Crypto World’s Biggest Scandal

July 14, 2018

One day in the spring of 2010, Kathleen McCaffrey, a sophomore at New York University, received an summon from a stranger called Arthur Breitman. On the basis of what Breitman had been told about her political persuasion by a reciprocal acquaintance, he envisioned she might want to join his monthly lunch for classical liberals.( Breitman had also insured a photo of McCaffrey and saw she was pretty .) McCaffrey, the…

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Cryptocurrencies Fall as Korean Exchange Says $32 Million of Coins Stolen

July 11, 2018

Cryptocurrencies declined after the second South Korean exchange in as many weeks said it was the main victims of a crime, refreshing frights about the safety of digital-asset trading venues. Bithumb, ranked seventh in the world by traded appreciate on Coinmarketcap.com, said here on Wednesday that about 35 billion won ($ 32 million) merit of coins were stolen. The exchange said it will compensate victims, adding that it has halted…

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Thailand Leads in Crypto by Skipping the Big Debate

July 4, 2018

Securities, or not securities. That is the crypto question. Except in Thailand. While regulators around the world have coped with the issue of what category digital monies and resources fall into, Thailand has hop-skip the debate altogether. Instead, employing situations of emergency decree that came into effect earlier this year, authorities wrote a totally new law. The result is the Securities and Exchange Commission is trying to ten-strike a balanced…

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Crypto Collapse Spreads WithHundreds of Coins Plungingin Value

July 2, 2018

The meltdown in Bitcoin is weighing on more than the most difficult cryptocurrency. Over 80 percent of 1,586 digital coins Finder.com racetracks in a weekly survey declined in price in the past seven days. The tokens fell 19 percent on average, Finder.com found in the week ended June 25. Trading volume lowered as well, refusing by 6 percentage from the previous week, Finder.com mentioned. Bitcoin, Tether, Ether, EOS and Bitcoin…

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SEC says bitcoin and ether aren’t securities

June 29, 2018

Clarity is good . Image: ULRICH BAUMGARTEN/ GETTY The world of cryptocurrency just got some much needed good news. With the prices of bitcoin and ether on a steady downward trend, the Protection and Exchange Commission today supplied hodlers with a twinkling of hope: Neither of the cryptocurrencies are considered protections. SEE ALSO: The only good thing to come out of Bitcoin is this inventory artwork “cat-o-nine-tail” So reports CNBC,…

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Coinbase makes it easier for hedge funds to trade Bitcoin

May 26, 2018

Coinbase’s new trading platform for institutional investors: Coinbase Prime . Image: Coinbase Cryptocurrency is running legit in a big way. Leading U.S.-based cryptocurrency exchange Coinbase is going after institutional investors with four brand-new major products, all of which cater to the needs of professionals and big-hearted institutions, establishing it easier for them to trade cryptocurrencies such as Bitcoin, Ethereum and Ripple. SEE ALSO: Facebook is working on its own cryptocurrency…

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Bitcoin Is One of the Few Things Surging in a Sea of Losses

May 22, 2018

financial markets, Bitcoin is still flashing green. The biggest cryptocurrency climbed as much as 5.4 percent Tuesday to $9,412, the highest since March 7. Bitcoin has gained 20 percentage in the past week and 37 percent in April, on track for its better month because it record-breaking December. Bitcoin is rebounding from its worse are beginning to a year ever, as it slumped more than 50 percent during the first…

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Coinbase CEO Brian Armstrong to talk the future of cryptocurrency at Disrupt SF

May 22, 2018

Coinbase has come a long way since its launch in 2012. The company has raised more than $225 million and paved the space for cryptocurrencies to enter the mainstream by providing a digital currency exchange. Which is why we’re absolutely thrilled to have Coinbase co-founder and CEO Brian Armstrong join us on the main stage at TechCrunch Disrupt SF in September. Armstrong operated as a developer for IBM and consultant…

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YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

May 10, 2018

YouTube followers, but they can’t see most of his new videos there. To get 46 of the 71 weightlifting and competitive-eating videos he’s posted in the past two months, devotees have to use DTube. It looks a lot like YouTube, but video builders rely on gifts from observers instead of ad revenue, and the site’s moderators rarely try to censor potentially offensive substance. Czerwinski, who induced the switch 2 months…

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Fake News Adds to Cyber Risks Facing Business, U.K. Report Says

May 8, 2018

Fake news threatens U.K. enterprises with reputational injury as well as falling marketings and share prices, adding to the growing peril from cyber onslaughts facing companies from neighbourhood Indian restaurants to multinationals. That’s the alert from the National Cyber Security Centre in each of these reports Tuesday to celebrate the start of a seminar it’s hosting. In one case believed to set a legal precedent, lawyers for a U.K. businessman…

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UNICEF has a page where you can donate by in-browser cryptocurrency mining

May 7, 2018

UNICEF Australia’s The HopePage allows you to donate by allowing cryptocurrency mining on your computer . Image: unicef australia/ screenshot Taking control of one’s browser to mine cryptocurrency has a moderately of a negative connotation, but UNICEF Australia is seemingly doing it for good. The charity has launched something called The HopePage, which allows people to make a donation by deterring the webpage open and using your computer’s CPU to…

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Bitcoin and Ethereum keep sliding, but there might be better times ahead

April 21, 2018

The prices of Bitcoin and Ethereum are on fire. In a bad lane . Image: Anadolu Agency/ Contributor/ Gettyimages Every product here is independently selected by Mashable writers. If you buy something featured, we are able to deserve an affiliate committee which helps corroborate our work. It’s been a bad month in crypto-city. Bitcoin, the largest cryptocurrency by sell cap, is trading at $7,076 — a 7% decrease in the…

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How a Billionaire Crypto King Built the No. 1 Exchange in Just 8 Months

April 10, 2018

Zhao Changpeng transformed Binance into the largest crypto exchange Global regulators are now cracking down on the industry value. He has vaulted from oblivion to the cover of Forbes magazine, steered Binance to a $200 million profit in its second quarter of existence, and amassed a personal rich that he claims is worth as much as$ 2 billion. But after a meteoric rise that dared fiscal orthodoxy( Binance doesn’t have…

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World’s Biggest Cryptocurrency Exchange Is Heading to Malta

April 1, 2018

Binance to announce banking partnership in Malta: Zhao Move to Europe comes after crackdowns in Japan, China cracking down on cryptocurrency exchanges since last year, inducing it difficult for venues like Binance to find a permanent base. The corporation had an office in Japan and was trying to get a license to operate there, but decided to remove its staff to avoid a clash with neighbourhood regulators, Zhao supposed. Japan’s…

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John Oliver launches into hilarious 25-minute Bitcoin explanation

March 28, 2018

Bitcoin has been in the news so much better over the past few months that you’d be hard-pushed not to have heard about it by now. Understanding it is a different thing wholly, though. SEE ALSO: This space heater mines bitcoin while keeping your house warm Well, dread not: John Oliver’s got you covered. In the clip above from Last-place Week Tonight , Oliver clarifies everything from Bitcoin to Blockchain….

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Bitcoin Falls on Fears of Regulatory Trouble for Big Crypto Exchange

March 26, 2018

Japan’s FSA alerts Binance for operating without a licence Biggest cryptocurrency fell 4.5% after news firstly reported told Bloomberg in January that it was working to acquire a license in Japan, but the threat could complicate those efforts. Zhao said on Thursday that stock exchanges is” engaged in constructive talk” with the FSA. While Binance was founded in Hong Kong last year, Zhao has said that his company does not…

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Self-Proclaimed Bitcoin Inventor Accused of Swindling $5 Billion of Cryptocurrency

March 21, 2018

Craig Wright, the self-proclaimed inventor of bitcoin, accuses of swindling more than$ five billion worth of the cryptocurrency and other resources from the property of a computer-security expert. Wright, who claimed in 2016 that he established the computer-based currency for the purposes of the pseudonym Satoshi Nakamoto, allegedly schemed to use phony contracts and signatures to lay claim to bitcoins mined by peer Dave Kleiman, another cryptocurrency adherent, who died…

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Bitcoin’s Plunge in Volume Stirs Questions About Its Usage

March 12, 2018

Earlier this year, when Bitcoin’s price fell by more than 60 percent from its evidence open, a less-noticed Bitcoin figure also immersed: the number of daily transactions. There are many explanations for the fall-off in trading, from software- to news-related. What’s less understood is why the level hasn’t recovered as Bitcoin’s price made a 50 percentage comeback since Feb. 5. That’s left some investors wondering whether the cryptocurrency is diminishing…

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Bitcoin Dives After SEC Says Crypto Platforms Must Be Registered

March 10, 2018

Bitcoin slumped back below $10,000 after the U.S. Security and Exchange Commission reiterated that many online trading platforms for digital assets should register with the agency as exchanges. The largest cryptocurrency dropped as much as 13 percentage to $9,416 after the SEC statement boosted concerned about the fact that stiffening regulation may limit trading. Bitcoin is down about 50 percent from its high-pitched of almost $20,000 in December in part…

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