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07.06.2019
13:21 Yahoo.com BusinessDutch billionaire takes Facebook to court over fake endorsement in cryptocurrency ads

John de Mol, Dutch billionaire and the creator of Big Brother, has sued Facebook for allowing ads which used his image to promote a fake cryptocurrency-related business, Reuters writes.The post Dutch billionaire takes Facebook to court over fake endorsement in cryptocurrency ads appeared first on The Block.

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13:20 CryptoCoinsNews.comIndia’s Insane Anti-Crypto Bill Proposes 10-Yr Prison Sentence for Bitcoin Adopters: Report

By CCN: Lawmakers in India have proposed a bill which would see Bitcoin and crypto ownership made completely illegal, with as much as a 10-year prison sentence for anyone caught holding. This coincides directly with India’s plans to launch its own state-backed cryptocurrency – the Digital Rupee. 10 Year Jail Sentence for Bag Holders? As per the Banning of Cryptocurrency and Regulation of Official Digital Currency Bill, anyone involved in the Bitcoin or crypto ecosystem would face criminal punishment. The bill proposes a 10-year prison sentence for persons who “mine, generate, hold, sell, transfer, dispose, issue or deal in cryptocurrencies,
The post India’s Insane Anti-Crypto Bill Proposes 10-Yr Prison Sentence for Bitcoin Adopters: Report appeared first on CCN

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13:20 CoinDesk.comBitcoin Price Eyes Stronger Recovery Rally After Bounce to $8K

Bitcoin has recovered to $8,000 after defending key support for two consecutive days and may remain well bid over the weekend. 

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13:09 TheNextWeb.comWATCH: Bitcoin ATM showers London’s Bond Street station in cash money

No, this isn’t a new Anderson Paak video. In a bizarre scene, footage shows a Bitcoin ATM spewing heaps of cash in a shopping centre nearby London’s Bond Street train station, while a security guard does their best to keep onlookers at bay. The video of the curious incident was first posted to Reddit late yesterday. A man is seen desperately trying to catch as many flowing bank notes as possible with a duffel bag placed in front of the machine (spoiler: it doesn’t work).   While Redditors speculate bad actors could have caused the eruption with “jackpotting” (a term for… This story continues at The Next WebOr just read more coverage about: Bitcoin

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12:44 CryptoCoinsNews.comPolish Cryptocurrency Exchange Coinroom Exit Scams With Customer Funds

By CCN: Coinroom, one of the largest cryptocurrency exchanges in Poland, has suddenly closed down its services in April as part of an exit scam that had left thousands of customers as victims. According to the Polish media outlet Money.pl, Coinroom customers received an email on April 2 stating that the cryptocurrency exchange is terminating their contracts and they have one day to withdraw their funds. Failing to do so within that time would force users to request withdrawals by sending an email directly to the Coinroom support team. Coinroom had the right to deal with withdrawals this way as
The post Polish Cryptocurrency Exchange Coinroom Exit Scams With Customer Funds appeared first on CCN

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12:08 Yahoo.com BusinessInternational crime task force investigating 60 cryptocurrency-related cases, from the US to Australia

Money laundering investigators from the US, Australia, Britain, Canada, and the Netherlands have teamed up to crack down on cryptocurrency-related crimes, including tax avoidance, Sydney Morning Herald writes.The post International crime task force investigating 60 cryptocurrency-related cases, from the US to Australia appeared first on The Block.

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11:55 Yahoo.com BusinessNEO Releases Detailed Financials Ahead of Cryptocurrency Relaunch

Many of the companies associated with NEO have proven to be a lucrative boon for token cofounders Erik Zhang and Da Hongfei.

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11:30 CryptoCoinsNews.comBitcoin a Good Be if Trade Tension Persists, Admits Wall Street Skeptic

By CCN: The frequently volatile stock market provides rare hideouts for investors but one of them could be bitcoin, according to Mr. Peter Boockvar of Bleakley Advisory Group. The chief investment officer said this week that a sharp rise in bitcoin price indicated that investors were unsure about the Federal Reserve’s stance on interest rate cuts, as well as about the outcome of an ongoing trade war between the US and China that kept buying sentiment weaker in both the Western and Asian stock markets. “I watch bitcoin as a signal, not because I want to own it because I’d
The post Bitcoin a Good Be if Trade Tension Persists, Admits Wall Street Skeptic appeared first on CCN

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11:04 CoinDesk.comNEO Releases Detailed Financials Ahead of Cryptocurrency Relaunch

Many of the companies associated with NEO have proven to be a lucrative boon for token cofounders Erik Zhang and Da Hongfei.

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10:14 CryptoCoinsNews.comBitcoin Price Loses Bullish Edge as FOMO Rally Runs Outta Steam

By CCN: The Fear of Missing Out (FOMO) that recently drove bitcoin’s price above $9,000 has run out of gas, according to a new report published by crypto analytics firm SFOX. While the BTC price was on a steady incline since the beginning of April when bitcoin traded for $4,100, the coin has hit a ‘tipping point’ in overall sentiment. Bitcoin Rally Driven by FOMO SFOX relies upon price momentum, market sentiment, and industry advancement for its price outlook. In May, BTC registered a ‘mildly bullish’ rating but has since been downgraded to ‘uncertain.’ FOMO has clouded overall crypto sentiment and
The post Bitcoin Price Loses Bullish Edge as FOMO Rally Runs Outta Steam appeared first on CCN

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07:59 Yahoo.com BusinessWhat to Expect When the IRS Alters Its Bitcoin Tax Policy

Coming guidance from the IRS is expected to clarify longstanding crypto tax questions. Here's what to look for.

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07:12 CoinDesk.comWhat to Expect When the IRS Alters Its Bitcoin Tax Policy

Coming guidance from the IRS is expected to clarify longstanding crypto tax questions. Here's what to look for.

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06:36 CryptoCoinsNews.comJohn McAfee Sends the Media Bitcoin Debit Cards, but What’s the Catch?

By CCN: It seems the world is one step closer to being blessed with John McAfee’s cryptocurrency debit card. In a tweet, the elusive bitcoin evangelist announced he was giving 20 cards out to members of the media. He says: “You are free to keep the cards or return them. Use them anywhere. Load them directly from your smartphone wallet.” If you’re not a member of the media, don’t fret. McAfee says the card will be ready for the public within a couple of weeks. Does anyone else think this sounds like a trap? Is John McAfee’s Bitcoin Debit Card
The post John McAfee Sends the Media Bitcoin Debit Cards, but What’s the Catch? appeared first on CCN

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04:04 Yahoo.com BusinessAt Least 100 XRP Wallets Alarmingly Exposed at Ripple Service Provider

By CCN: Gatehub Founder and CEO Enej Pungercar wrote a public letter disclosing that the company’s infrastructure had been compromised and at least 100 wallets were likely affected. The letter explains that an exploit was located in the company’s API, which enabled certain wallets to be affected. Users were urged to get their money off of Gatehub and into other XRP wallets while the issue was investigated. Centralized XRP Wallets Compromised Most cryptocurrencies have some form of a web wallet. For some, like Monero and Ethereum, web wallets represent a large portion of users. Maintaining a full node of either

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03:39 CryptoCoinsNews.comAt Least 100 XRP Wallets Alarmingly Exposed at Ripple Service Provider

By CCN: Gatehub Founder and CEO Enej Pungercar wrote a public letter disclosing that the company’s infrastructure had been compromised and at least 100 wallets were likely affected. The letter explains that an exploit was located in the company’s API, which enabled certain wallets to be affected. Users were urged to get their money off of Gatehub and into other XRP wallets while the issue was investigated. Centralized XRP Wallets Compromised Most cryptocurrencies have some form of a web wallet. For some, like Monero and Ethereum, web wallets represent a large portion of users. Maintaining a full node of either
The post At Least 100 XRP Wallets Alarmingly Exposed at Ripple Service Provider appeared first on CCN

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02:19 Yahoo.com BusinessA $100 Million Crypto Fund Makes Long-Term Bet on Ethereum

By CCN: Bloomberg’s Matthew Leising profiled  Darma Capital. It’s a $100 million crypto fund with a bullish view on Ethereum and a visionary approach to the future of the internet. You might say they’re long Ethereum above all. The hedge fund is helping high-net-worth accredited investors to position themselves for a decade long ether bull run. A key figure in Darma’s rise is Andrew Keys. He announced in a press release Thursday that he’s joining Darma Capital as a managing partner. Keys was a co-founder of ConsenSys Capital, a Brooklyn-based Ethereum application developer. He brings a solid Ethereum blockchain record

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02:18 CryptoCoinsNews.comA $100 Million CFTC-Registered Fund Makes Long-Term Bet on Ethereum

By CCN: Bloomberg’s Matthew Leising profiled  Darma Capital. It’s a $100 million crypto fund with a bullish view on Ethereum and a visionary approach to the future of the internet. You might say they’re long Ethereum above all. The hedge fund is helping high-net-worth accredited investors to position themselves for a decade long ether bull run. A key figure in Darma’s rise is Andrew Keys. He announced in a press release Thursday that he’s joining Darma Capital as a managing partner. Keys was a co-founder of ConsenSys Capital, a Brooklyn-based Ethereum application developer. He brings a solid Ethereum blockchain record
The post A $100 Million CFTC-Registered Fund Makes Long-Term Bet on Ethereum appeared first on CCN

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01:55 CryptoCoinsNews.comThis Ridiculously Stupid Bitcoin Clone Surged 800% Today

By CCN: Why buy the original Bitcoin (BTC), when you can own some Bitcoin 2 (BTC2)? You, like most people, probably thought that shady cryptocurrency forks are a thing of the past. But boy, oh boy, were you wrong. Bitcoin 2, an aptly-named Bitcoin fork, made a splash this morning by leading the cryptocurrency market with an almost 800 percent gain in the past 24 hours. After quietly launching last year, this new cryptocurrency quickly rose through the market cap ranks today to crack the top 100. Why Is BTC2 Pumping? The charts paint a clear picture predicting Bitcoin 2’s
The post This Ridiculously Stupid Bitcoin Clone Surged 800% Today appeared first on CCN

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01:22 Yahoo.com BusinessIs the New CFTC Chairman Heath Tarbert a Bitcoin Ally or Enemy?

By CCN: Bitcoin fans are wistful after learning that the pro-crypto CFTC (Commodity Futures Trading Commission) chairman Christopher Giancarlo is stepping down on July 15. The U.S. Senate confirmed Giancarlo’s successor, Heath Tarbert, by a vote of 84 to 9. Giancarlo Backs Heath Tarbert Giancarlo was affectionately nicknamed “Crypto Dad” for his pro-bitcoin rhetoric. In a June 5 statement, Giancarlo expressed his “enthusiastic congratulations” to Tarbert, whom he called “highly qualified.” Tarbert’s position on cryptocurrencies is unknown. However, Giancarlo says Tarbert shares his vision of helping the CFTC transition into “a 21st Century regulator for today’s digital markets.” Tarbert, a

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01:22 Yahoo.com BusinessCalifornia CPAs want crypto accounting standard clarity, anticipating major public corporations using cryptocurrencies in the future

California CPAs are requesting that the Financial Accounting Standards Board, a US accounting board responsible for setting Generally Accepted Accounting Principles (GAAP), consider adding a project or task force to the board to address the accounting and disclosure of cryptocurrencies.The post California CPAs want crypto accounting standard clarity, anticipating major public corporations using cryptocurrencies in the future appeared first on The Block.

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01:21 BitcoinMagazine.comOKCoin Launches Malta Office, Begins European Expansion

OKCoin stated that it has further plans to expand into the various regional cryptocurrency hubs worldwide.
The post OKCoin Launches Malta Office, Begins European Expansion appeared first on Bitcoin Magazine.

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00:46 CryptoCoinsNews.comIs the New CFTC Chairman Heath Tarbert a Bitcoin Ally or Enemy?

By CCN: Bitcoin fans are wistful after learning that the pro-crypto CFTC chairman Christopher Giancarlo is stepping down on July 15. The U.S. Senate confirmed Giancarlo’s successor, Heath Tarbert, by a vote of 84 to 9. Giancarlo Backs Heath Tarbert Giancarlo was affectionately nicknamed “Crypto Dad” for his pro-bitcoin rhetoric. In a June 5 statement, Giancarlo expressed his “enthusiastic congratulations” to Tarbert, whom he called “highly qualified.” Tarbert’s position on cryptocurrencies is unknown. However, Giancarlo says Tarbert shares his vision of helping the CFTC transition into “a 21st Century regulator for today’s digital markets.” Moreover, Tarbert, a Republican, is very
The post Is the New CFTC Chairman Heath Tarbert a Bitcoin Ally or Enemy? appeared first on CCN

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06.06.2019
23:37 Yahoo.com BusinessDoes the SEC s ICO Lawsuit Against Kik Go Too Far?

Does the SEC's ICO Lawsuit Against Kik Go Too Far?

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23:36 CryptoCoinsNews.comBitcoin Mining Is Shockingly Mostly Powered by Green Energy

By CCN: Contrary to popular opinion, it appears that Bitcoin mining might not be as bad for the environment as people think. In a highly detailed report, CoinShares research reveals that 74% of mining activity runs on renewable energy. “We show that Bitcoin mining is mainly located in global regions where there are ample supplies of renewable electricity available. And…we calculate a conservative estimate of the renewables penetration in the energy mix powering the Bitcoin mining network at 74.1%, making Bitcoin mining more renewables-driven than almost every other large-scale industry in the world.” Bitcoin Might Be Greener Than Gold After
The post Bitcoin Mining Is Shockingly Mostly Powered by Green Energy appeared first on CCN

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23:25 Yahoo.com BusinessUS Congressman Seeks Tax Clarity for Cryptocurrencies

United States Congressman (R-N.C.) Ted Budd testified to the House of Representatives Ways and Means Committee on purported issues with current tax laws on cryptocurrencies, as per a video of the testimony released on June 4. Congressman Budd argued that cryptocurrencies should have a de minimis tax exemption like foreign currencies. Budd commented that he cosponsored bill H.R.3708, or the “Cryptocurrency Tax Fairness Act,” which would extend the Internal Revenue Code of 1986 to treat personal cryptocurrency purchases like personal transactions in foreign currency, which are not taxed.

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22:59 ScienceNewsDaily.orgFacebook cryptocurrency could be announced in June 2019 - CNET

The launch of a Facebook stable coin could be closer than we think. Here's the rumor roundup.

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22:49 Yahoo.com BusinessThis Ridiculously Stupid Bitcoin Clone Surged 800% Today

By CCN: Why buy the original Bitcoin (BTC), when you can own some Bitcoin 2 (BTC2)? You, like most people, probably thought that shady cryptocurrency forks are a thing of the past. But boy, oh boy, were you wrong. Bitcoin 2, an aptly-named Bitcoin fork, made a splash this morning by leading the cryptocurrency market with an almost 800 percent gain in the past 24 hours. After quietly launching last year, this new cryptocurrency quickly rose through the market cap ranks today to crack the top 100. Why Is BTC2 Pumping? The charts paint a clear picture predicting Bitcoin 2’s

Скрыть анонс
22:36 CryptoCoinsNews.comThis Ridiculously Stupid Bitcoin Clone Surged 800% Today

By CCN: Why buy the original Bitcoin (BTC), when you can own some Bitcoin 2 (BTC2)? You, like most people, probably thought that shady cryptocurrency forks are a thing of the past. But boy, oh boy, were you wrong. Bitcoin 2, an aptly-named Bitcoin fork, made a splash this morning by leading the cryptocurrency market with an almost 800 percent gain in the past 24 hours. After quietly launching last year, this new cryptocurrency quickly rose through the market cap ranks today to crack the top 100. Why Is BTC2 Pumping? The charts paint a clear picture predicting Bitcoin 2’s
The post This Ridiculously Stupid Bitcoin Clone Surged 800% Today appeared first on CCN

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22:36 CoinDesk.comS.L. Benfica Is The First Major European Football Club To Accept Cryptocurrency

S.L. Benfica fans can now lay down bitcoin and ether to pick up a team jersey.

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21:24 Zdnet.comHackers steal $9.5 million from GateHub cryptocurrency wallets

Unofficial investigation puts the number of victims between 80 and 90 users. Unknown how hackers stole users' funds.

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21:14 Yahoo.com BusinessSEC Chairman: Other Market Protections Needed Before Bitcoin ETF Approval

United States Securities and Exchange Commission (SEC) Chairman Jay Clayton said that the regulator needs to feel comfortable with cryptocurrency custody and ensure no market manipulation can take place before approving a crypto exchange-traded fund (ETF). When Clayton was asked whether an ETF based on a bundle of cryptocurrencies could be released in the U.S., Clayton said that the SEC is currently working on making that possible. Another major concern for the SEC is the alleged absence of robust preventative measures for market manipulation.

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21:02 Yahoo.com BusinessBitcoin and Gold Prices Diverge Again, Extending 5-Month Correlation

Bitcoin has shed $1,400 over the last seven days, contradicting gold's 5.4 percent price rise to the highest since February.

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20:49 CryptoCoinsNews.comBitcoin ‘Corrupted’, Worse Than ‘Creation of God’ Gold: Gabelli Analyst

By CCN: Long before bitcoin rocketed past the price of gold in March 2017, crypto believers had touted BTC’s ability to replace gold in an increasingly digital world. Goldbugs, on the other hand, maintain that no technology can ever replace the yellow metal. Bitcoin is ‘Corrupted’ While Gold Is a ‘Creation of God’ Speaking in an interview with Kitco News, Chris Mancini, an analyst at Gabelli Gold Funds, discussed the safe-haven status of bitcoin. He argued that the “corrupted” asset could never replace gold. “The big picture is that bitcoin has been corrupted because it is a creation of man
The post Bitcoin ‘Corrupted’, Worse Than ‘Creation of God’ Gold: Gabelli Analyst appeared first on CCN

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20:25 BitcoinMagazine.comCalifornia Society of CPAs Pushes for Accounting Clarity for Cryptocurrencies

The lack of specific rules in the U.S. Generally Accepted Accounting Principles (GAAP) led to confusion and demands for clarity among the CalCPA group.
The post California Society of CPAs Pushes for Accounting Clarity for Cryptocurrencies appeared first on Bitcoin Magazine.

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20:20 Techcrunch.ComFacebook plans June 18th cryptocurrency debut. Here’s what we know

Facebook is finally ready to reveal details about its cryptocurrency codenamed Libra. It’s currently scheduled for a June 18th release of a white paper explaining its cryptocurrency’s basics, according to a source who says multiple investors briefed on the project by Facebook were told that date. Meanwhile, the company’s Head of Financial Services & Payment […]

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20:15 TheVerge.comFacebook’s new cryptocurrency may launch this month, a report says

Facebook will announce a new cryptocurrency this month, according to a report by The Information. Facebook employees who work on the project, called Libra, can choose to be paid in the cryptocurrency token instead of hard cash, the report says. Previous reports have suggested that a global launch would happen next year.

Besides Facebook employees, the target market for the cryptocurrency is “developing nations where government-backed currencies are more volatile,” The Information reported. The token will mainly be used in Facebook’s products — WhatsApp, Messenger and so on — but the company is also planning ATM-like physical terminals. There will also be sign-up bonuses for merchants who accept Facebook’s cryptocurrency as payment.
The... Continue reading…

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20:14 CoinDesk.comBitcoin and Gold Prices Diverge Again, Extending 5-Month Correlation

Bitcoin has shed $1,400 over the last seven days, contradicting gold's 5.4 percent price rise to the highest since February.

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20:01 BitcoinMagazine.comPaxful and AirTM Partner to Increase Bitcoin Adoption in America

The goal is to introduce bitcoin to 300,000 new customers and open up a market of $6 million in monthly transaction volumes.
The post Paxful and AirTM Partner to Increase Bitcoin Adoption in America appeared first on Bitcoin Magazine.

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19:50 CryptoCoinsNews.com3 Reasons Why Position Trading is Your Best Bet in the Bitcoin Bull Run

By CCN: Many who trade and invest in bitcoin and other cryptocurrencies share the ultimate goal of maximizing gains in the incoming bull cycle. To achieve this end, market participants employ a myriad of tactics including scalping, swing trading, breakout trading, and even day trading. While these strategies can work, it is important to understand that only 6% of the people who try to be professional traders make the cut. Unless you’re already a pro, you’re better off using an easier and virtually stress-free trading approach known as position trading. In this article, we reveal the three reasons why position trading
The post 3 Reasons Why Position Trading is Your Best Bet in the Bitcoin Bull Run appeared first on CCN

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19:35 CNBC technologyHere are the executives leading Facebook's cryptocurrency project, reportedly coming this month

There are now more than 100 people working on Facebook's blockchain project, and the company has job listings for more than 40 additional positions.

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19:02 Yahoo.com BusinessEvil Bitcoin Scam Dupes Victims With FAKE Cristiano Ronaldo Pitch

By CCN: Five-time Ballon d’Or winner Cristiano Ronaldo is the latest celebrity whose likeness has played an unfortunate role in promoting a string of evil bitcoin scams. According to British tabloid Daily Mirror, cryptocurrency scammers are faking the football star’s endorsement as well that of veteran broadcaster Jonathan Ross to shill fraudulent crypto investment schemes. The fabricated endorsements have infected social media platforms across the web. How This Bitcoin Scam Lures Cristiano Ronaldo Fans One of the social media posts shows a photo of Ronaldo alongside Ross accompanied by the following caption: “This is why all his fans will always

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18:49 CryptoCoinsNews.comEvil Bitcoin Scam Dupes Victims With FAKE Cristiano Ronaldo Pitch

By CCN: Five-time Ballon d’Or winner Cristiano Ronaldo is the latest celebrity whose likeness has played an unfortunate role in promoting a string of evil bitcoin scams. According to British tabloid Daily Mirror, cryptocurrency scammers are faking the football star’s endorsement as well that of veteran broadcaster Jonathan Ross to shill fraudulent crypto investment schemes. The fabricated endorsements have infected social media platforms across the web. How This Bitcoin Scam Lures Cristiano Ronaldo Fans One of the social media posts shows a photo of Ronaldo alongside Ross accompanied by the following caption: “This is why all his fans will always
The post Evil Bitcoin Scam Dupes Victims With FAKE Cristiano Ronaldo Pitch appeared first on CCN

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18:12 Geek.comFacebook Is Making Cryptocurrency Because We’ve Learned Nothing

If the world lasts long enough for us to get the chance to look back on our current dumb era, it’s going to be wild realizing just how much Facebook screwed everything up. […]
The post Facebook Is Making Cryptocurrency Because We’ve Learned Nothing appeared first on Geek.com.

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18:02 TheNextWeb.comBlockchain startup hacked itself to ‘save’ $13M of its users’ cryptocurrency

A blockchain startup hacked its users’ wallets to save $13 million in Bitcoin and other cryptocurrency from being stolen, ZDNet reports. Security researchers advised the Komodo Platform of a ‘backdoor‘ in Agama, one of its older wallet apps, that would have allowed hackers to siphon any and all digital assets held inside. Before that could happen, devs made use of the the flaw themselves to extract at-risk cryptocurrency to wallets under their control. In total, Komodo’s team says it ‘saved’ 96 BTC ($742K) and 8 million Komodo ($11.92M) from potential theft. The controlled funds can be viewed here and here. Bad… This story continues at The Next Web

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17:49 Yahoo.com BusinessConsenSys Capital Co-Founder Departs to Bring Wall Street Money to Ethereum

Andrew Keys is moving to DARMA Capital, where he intends to help investors generate returns on their ethereum and bitcoin holdings.

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17:46 WhatReallyHappened.comBALTIMORE CITY CRYPTOCURRENCY RANSOMWARE ATTACK WILL COST AT LEAST $18 MILLION 

SOURCE: ZEROHEDGE Baltimore has been struggling with an aggressive cyber-attack over the last five weeks, previously profiled here, it has now been revealed the attack will cost the city $18.2 million, reported WBAL-TV 11.
The cost estimates were disclosed at a recent City Council budget hearing: city officials have already paid $4.6 million for recovery efforts since the ransomware was discovered May 7 and could spend an additional $5.4 million in 2H19. The remaining $8.2 million is from the loss or delayed revenue and loss of interest and penalty income.
Henry Raymond, #Baltimore Financial Dir., says the #ransomware attack will not affect the city’s tax bills, which will will go out on time in July - says it’s costing $18 million @wbalradio pic.twitter.com/NYlYBHTkCg
— Phil Yacuboski (@WBALPhil) June 4, 2019 As of Tuesday, 35% of city employees had their email accounts restored,

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17:24 Yahoo.com BusinessBitcoin SV (BSV) Price Drops 10% Correctively; Massive Dump Coming?

By CCN: Price of Bitcoin SV (BSV) is showing the first signs of significant downside correction after rallying more than 300-percent over the last two weeks. The BSV-to-dollar exchange rate today dropped close to 10-percent to establish $194.23 as its intraday low on BitFinex. That brought the pair 23.13-percent down from its lately-achieved peak of $254. Meanwhile, against its rival bitcoin, the cryptocurrency was down close to 14-percent, per the data provided by CoinMarketCap.com. The market did not offer any concrete fundamental to explain why Bitcoin SV’s uptrend weakened. Nevertheless, the asset dropped more under the influence of a market-wide

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17:23 CoinDesk.comConsenSys Capital Co-Founder Departs to Bring Wall Street Money to Ethereum

Andrew Keys is moving to DARMA Capital, where he intends to help investors generate returns on their ethereum and bitcoin holdings.

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17:11 CryptoCoinsNews.comBitcoin SV (BSV) Price Drops 10% Correctively; Massive Dump Coming?

By CCN: Price of Bitcoin SV (BSV) is showing the first signs of significant downside correction after rallying more than 300-percent over the last two weeks. The BSV-to-dollar exchange rate today dropped close to 10-percent to establish $194.23 as its intraday low on BitFinex. That brought the pair 23.13-percent down from its lately-achieved peak of $254. Meanwhile, against its rival bitcoin, the cryptocurrency was down close to 14-percent, per the data provided by CoinMarketCap.com. The market did not offer any concrete fundamental to explain why Bitcoin SV’s uptrend weakened. Nevertheless, the asset dropped more under the influence of a market-wide
The post Bitcoin SV (BSV) Price Drops 10% Correctively; Massive Dump Coming? appeared first on CCN

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17:00 Yahoo.com BusinessSEC Chair: Bitcoin Is Not Like Stocks, ‘We Won’t Flip a Switch on Crypto’

By CCN: SEC Chairman Jay Clayton has realized something the crypto community has been trying to tell him for years – cryptocurrencies aren’t stocks. In an interview with CNBC this morning, Clayton offered the securities regulator’s latest take on bitcoin, and it seems they appear no closer to providing any clarity for traders and blockchain startups today than they were a year ago. This is a setback for tech innovation in the U.S. because the more time the SEC takes, the more entrepreneurs are going to decide to pack their bags and take their successful projects elsewhere. Clayton in the

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17:00 Yahoo.com BusinessBitfinex margin interest falls by $88 million as Bitcoin drops below support

Open margin interest on Bitfinex has fallen by 23% since the start of the week to reach a new 12-month low. Since Bitcoin failed to hold its $8,400 support on June 3, open interest for BTC/USD shorts and longs on Bitfinex has fallen from 45,000 to 37,000 BTC. Given the price drop in Bitcoin from $8,400 to its current level of $7,800, the decline in open margin interest equates to a drop of $88 million, as we have seen nearly 4,400 shorts and 3,300 longs close over the last three days. The Hong Kong-based exchange offers margin trading on its BTC/USD market but only to the extent of 3x leverage. Given its low leverage and trusted reputation in the industry The post Bitfinex margin interest falls by $88 million as Bitcoin drops below support appeared first on Coin Rivet.

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16:46 CryptoCoinsNews.comSEC Chair: Bitcoin Is Not Like Stocks, ‘We Won’t Flip a Switch on Crypto’

By CCN: SEC Chairman Jay Clayton has realized something the crypto community has been trying to tell him for years – cryptocurrencies aren’t stocks. In an interview with CNBC this morning, Clayton offered the securities regulator’s latest take on bitcoin, and it seems they appear no closer to providing any clarity for traders and blockchain startups today than they were a year ago. This is a setback for tech innovation in the U.S. because the more time the SEC takes, the more entrepreneurs are going to decide to pack their bags and take their successful projects elsewhere. Clayton in the
The post SEC Chair: Bitcoin Is Not Like Stocks, ‘We Won’t Flip a Switch on Crypto’ appeared first on CCN

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16:35 FinancialExpress.comCan you bank on Facebook’s cryptocurrency? What it has in store for investors

After months of speculations over the launch of Facebook's own cryptocurrency reportedly dubbed GlobalCoin, the social networking giant will finally roll it out later this month.

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16:24 TheNextWeb.comHackers hid malware in a fake trading app to steal your cryptocurrency

Security researchers have uncovered a knock-off cryptocurrency trading website designed to steal the funds of unwitting victims. Cybercriminals have created a website that imitates the Cryptohopper cryptocurrency trading platform to distribute malware that could steal personal information, hijack your clipboard, and crypto-jack your system, Bleeping Computer reports. It appears to have helped hackers amass a trove of over $260,000 in various cryptocurrencies. When users visit the imitation Cryptohopper website, their system will automatically download and execute a file simply called Setup.exe. While on the surface it might appear legitimate, it’s actually a Trojan. On execution, the Trojan installs two further… This story continues at The Next Web

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15:58 CryptoCoinsNews.comJapan Unleashes 200 Tax Specialists to Chase Undeclared Cryptocurrency Gains

By CCN: Japan is adding to its impressive compliance charge on cryptocurrencies by honing in on tax evasion. Through more stringent laws tracking cryptocurrencies, the Asian country will gain better access to data from exchanges. The National Tax Agency (NTA), the country’s tax authority, will deploy about 200 specialists to detect undeclared income gained from cryptocurrency trades. They are also focusing on monetized videos and other new economy staples. Cases of undeclared income from online platforms, including but not exclusively from cryptocurrencies, have forced the hand of the NTA. Japan is renowned for leading the way in compliance and regulation
The post Japan Unleashes 200 Tax Specialists to Chase Undeclared Cryptocurrency Gains appeared first on CCN

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14:53 TheNextWeb.comGlobal cryptocurrency task force closes in on sophisticated tax cheats

A global sweep of cryptocurrency tax avoidance schemes is imminent, with the number of active lines of inquiry set to nearly double – or so says a coalition of money laundering investigators from the US, Australia, Britain, Canada, and the Netherlands J5, a team of five countries formed by the US Internal Revenue Service to fight cryptocurrency-powered crimes such as tax fraud, has 60 open investigations, but the Sydney Morning Herald reports it’s now considering additional 50. The crew also confirmed they’ve shared more data between themselves since their efforts began last July than in the entire past decade. Authorities… This story continues at The Next Web

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14:52 Yahoo.com BusinessBitcoin Struggles to Build Momentum After Defense of $7.4K Price Support

A key technical line applied brakes to bitcoin's sell-off earlier this week, but so far the bounce has been shallow, with upside capped around $7,900.

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14:25 Yahoo.com BusinessWhat is a cryptocurrency Ponzi scheme?

The cryptocurrency industry has become a breeding ground for many types of scams and illegal behaviour. Criminals are often the first to jump to a new technology and attempt to harness it in a negative way. Those who organise Ponzi and pyramid schemes have been extremely quick to jump on the cryptocurrency bandwagon. Through this, they are able to lure those with little knowledge of the industry into their plans with the promise of great riches. Cryptocurrency Ponzi schemes work in a much similar fashion to traditional Ponzi schemes. They are extremely difficult to prevent and stop completely. BitConnect was routinely outed as a pyramid scheme, but it was allowed to operate for a long time before its eventual collapse. The post What is a cryptocurrency Ponzi scheme? appeared first on Coin Rivet.

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14:23 Zdnet.comCryptocurrency startup hacks itself before hacker gets a chance to steal users funds

Backdoor discovered in Agama cryptocurrency wallet. Unconventional tactic saves users from getting robbed.

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14:11 CoinDesk.comBitcoin Struggles to Build Momentum After Defense of $7.4K Price Support

A key technical line applied brakes to bitcoin's sell-off earlier this week, but so far the bounce has been shallow, with upside capped around $7,900.

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13:32 Yahoo.com BusinessBitcoin Price Explosion a Trap, Smart Money Awaits Pullback, Warns Analyst

By CCN: The parabolic bitcoin price explosion, which saw BTC surge 136 percent in 2019, is a trap, according to on-chain analyst and Adaptive Fund partner Willy Woo. The price explosion is simply a short-squeeze driven by hedge funds. Organic buyers are waiting for a healthy retracement before buying in again. “This a quant fund driven short squeeze devoid of any true investor volume… I’m awaiting this exchange driven pump to blow off, a proper retrace, and only then do I think real investor flows will come in and drive the true organic bull market.”  Bitcoin rally driven by short squeeze

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13:19 Yahoo.com BusinessEuro trading launches for OKCoin

OKCoin – a leading fiat-focused digital asset exchange operating in 184 countries – has announced that traders outside the US can now deposit and withdraw euros. From last night, all OKCoin users were given the green light to participate in euro spot trading for leading digital assets, with more pairings to be added in the coming months. The exchange – which was originally launched in China – also revealed it would not be charging any fees for euro transactions from today until September 4 2019. As the world’s second-largest currency, the euro becomes the latest addition to OKCoin’s stable of tradable assets alongside cryptocurrencies Bitcoin, Bitcoin Cash, Cardano, Ethereum, Ethereum Classic, Decred, EOS, Litecoin, 0x, Stellar, Tron, XRP, and Zcash. The post Euro trading launches for OKCoin appeared first on Coin

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13:18 CryptoCoinsNews.comBitcoin Price Explosion a Trap, Smart Money Awaits Pullback: Analyst

By CCN: The parabolic bitcoin price explosion, which saw BTC surge 136 percent in 2019, is a trap, according to on-chain analyst and Adaptive Fund partner Willy Woo. The price explosion is simply a short-squeeze driven by hedge funds. Organic buyers are waiting for a healthy retracement before buying in again. “This a quant fund driven short squeeze devoid of any true investor volume… I’m awaiting this exchange driven pump to blow off, a proper retrace, and only then do I think real investor flows will come in and drive the true organic bull market.”  Bitcoin rally driven by short squeeze
The post Bitcoin Price Explosion a Trap, Smart Money Awaits Pullback: Analyst appeared first on CCN

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12:12 TheNextWeb.comNew details about Facebook’s cryptocurrency make it sound even worse

Given its history of managing our data, it shouldn’t take much to convince you that Facebook managing our money is probably a terrible idea. That said, it seems the social media giant is actually aware of that particular challenge. Facebook plans to relinquish control of its upcoming cryptocurrency GlobalCoin to external companies, The Information reports. It will officially unveil its digital currency later this month. The social media giant has been courting financial institutions and other tech companies to form an independent foundation to govern the digital asset. Before you think this is going to create some kind of democratic… This story continues at The Next WebOr just read more coverage about: Facebook

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12:11 Yahoo.com BusinessBitConnect promoter accused of advertising more cryptocurrency exit scams in India

Discredited BitConnect promoter Divyesg Darji has been accused of taking part in another cryptocurrency scam in his home-country and is now on the run, The Times of India reports.The post BitConnect promoter accused of advertising more cryptocurrency exit scams in India appeared first on The Block.

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11:58 Yahoo.com BusinessEthereum Startups Team to Offer ‘Banking-Grade’ Wallet Security

Insurtech startup Nexus Mutual and wallet provider Argent have teamed up to bring bank account-like protection to ethereum.

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11:17 CoinDesk.comEthereum Startups Team to Offer ‘Banking-Grade’ Wallet Security

Insurtech startup Nexus Mutual and wallet provider Argent have teamed up to bring bank account-like protection to ethereum.

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09:57 CryptoCoinsNews.comMarshall Islands Shuns USD, Goes Full Crypto with National Cryptocurrency

By CCN: The Marshall Islands has announced that it will be launching an independently monitored cryptocurrency system for use across the country. The fiat-based cryptocurrency will be governed by consensus as well as a board of seven people, three of whom will be elected by the other four who are chosen. No More USD? Marshall Islands Approves Official ‘Sovereign’ Cryptocurrency in 2018 With ICO https://t.co/PwxY77clF5 — CCN.com (@CCNMarkets) February 28, 2018 Marshall Islands Marches Ahead With Ambitious Blockchain Project According to a press release, the SOV Development Fund will establish this new fiat cryptocurrency. “The Fund’s mandate is to support
The post Marshall Islands Shuns USD, Goes Full Crypto with National Cryptocurrency appeared first on CCN

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09:30 TechInvestorNews.comApples iPhone Is Taking Its First Steps Into Bitcoin And Crypto (Billy Bambrough, Contributor/Forbes.com)

Billy Bambrough, Contributor / Forbes.comApples iPhone Is Taking Its First Steps Into Bitcoin And Crypto - Apple, maker of the wildly successful iPhone, appears to be taking its first tentative steps into the world of bitcoin and cryptocurrencyrevealing its upcoming iOS 13 software release will feature tools allowing developers to access to what Apple calls a cryptographic tool...Apple, maker of the wildly successful iPhone, appears to ...

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08:11 CoinDesk.comFacebook Set to Reveal Own Cryptocurrency in June, Report Says

Social media giant Facebook is said to reveal its own cryptocurrency to the public later this month, according to a report from the Information.,

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08:00 Yahoo.com BusinessBitcoin’s 2019 Price Run Driven By Real Transaction Growth, Analysis Shows

Bitcoin's TAAR (transaction amount to active addresses ratio) is hovering around 7-month highs, potentially adding a fundamental validation to bitcoin's latest price growth.

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07:06 CoinDesk.comBitcoin’s 2019 Price Run Driven By Real Transaction Growth, Analysis Shows

Bitcoin's TAAR (transaction amount to active addresses ratio) is hovering around 7-month highs, potentially adding a fundamental validation to bitcoin's latest price growth.

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04:42 CryptoCoinsNews.comBitcoin in Crosshairs as SEC & DOJ Drop Hammer on Crypto Firm Longfin

By CCN: The “crypto” startup Longfin Corp. got spanked by both the SEC and the DOJ for fraud amid a broader regulatory crackdown on bitcoin-related financial crimes. Specifically, Longfin’s CEO, Venkata Meenavalli, is accused of inflating the company’s revenue by $66 million in order to fraudulently secure a listing on the Nasdaq in 2017. Prosecutors Say Longfin Cooked the Books The Securities and Exchange Commission also accused Longfin executives of insider trading, saying they illegally sold $33 million of stock in unregistered transactions. While the screaming headlines suggest that the Longfin fraud is tied to bitcoin, in reality, the company
The post Bitcoin in Crosshairs as SEC & DOJ Drop Hammer on Crypto Firm Longfin appeared first on CCN

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04:17 Yahoo.com BusinessAfter Hours: Fiat Chrysler Drives Away, and Facebook's Cryptocurrency Rumor

The monster auto merger that was going to happen soon now isn't, plus possible Facebook money and some intriguing news about Wells Fargo's top job.

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02:41 WhatReallyHappened.comBitcoin's Rally Masks Uncomfortable Fact: Almost Nobody Uses It

Bitcoin has a lingering problem that few people are talking about amid the renewed exuberance of the recent price surge.
Hardly anyone is using the world’s largest cryptocurrency for anything beyond speculation. Data from New York-based blockchain researcher Chainalysis Inc. show that only 1.3% of economic transactions came from merchants in the first four months of 2019, little changed over the boom and bust cycles of the prior two years.

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01:39 BitcoinMagazine.comBitcoin Price Analysis: Violated Parabola Could Have BTC Testing $6,700s

If BTC breaks the $8,000s and reclaims support, that would mark a very bullish victory. If it fails, it might find a support level at $6,700.
The post Bitcoin Price Analysis: Violated Parabola Could Have BTC Testing $6,700s appeared first on Bitcoin Magazine.

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01:39 CryptoCoinsNews.comFacebook to Launch Foundation for Cryptocurrency Partner Nodes: Report

By CCN: Facebook is further along with its cryptocurrency than it has let on. It turns out the digital currency is much closer to its debut than expected. The social media behemoth plans to debut its new stablecoin, seemingly GlobalCoin which will reportedly be backed by a basket of fiat currencies, this month, according to CNBC citing The Information. Not only that, but there’s reportedly a crypto ATM and employee compensation involved that had never been leaked before. Facebook is also planning to attach a hefty $10 million fee to partners of a new Foundation who are looking to run
The post Facebook to Launch Foundation for Cryptocurrency Partner Nodes: Report appeared first on CCN

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01:28 Yahoo.com Business‘Gold Is Superior To Bitcoin,’ Say People Who Sell Gold

The founder of GoldMoney.com is upset that Grayscale compared gold unfavorably to cryptocurrencies.

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01:17 Yahoo.com BusinessPresident of Brazil Jair Bolsonaro: ‘I Do Not Know What Bitcoin Is’

The president of Brazil, Jair Bolsonaro, has stated that he does not know what bitcoin (BTC) is, and endorsed the suspension of a project that would create a crypto for indigenous people to use, Cointelegraph Brazil reported on June 4. Bolsonaro supported the Minister of Women, Family and Human Rights, Damares Alves in the termination of a project worth $44.9 million Brazilian reals ($11.5 million) between the National Indian Foundation (FUNAI) and the Federal Fluminense University (UFF), which promoted the creation of a cryptocurrency for indigenous people to use.

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00:52 CoinDesk.com‘Gold Is Superior To Bitcoin,’ Say People Who Sell Gold

The founder of GoldMoney.com is upset that Grayscale compared gold unfavorably to cryptocurrencies.

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00:29 Yahoo.com BusinessP2P Bitcoin Exchange HodlHodl Launches Lightning Network Support

Non-custodial peer-to-peer (P2P) bitcoin (BTC) exchange HodlHodl announced Lightning Network support in a Medium article published on June 5. The announcement claims that now “everyone is able to buy bitcoins and receive them directly into their Lightning wallet & sell bitcoins directly from their Lightning wallet.” The post also notes that the platform has previously tested Lightning Network support on the test network. “The only difference is that for the contract lifetime we hold funds in our Lightning wallet which protects both buyer and seller from scams, and the contracts become cheaper, faster and simpler.

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05.06.2019
23:41 BitcoinMagazine.comBitcoin Symbol to Be Introduced to Apple and Microsoft Platforms

The tech giants will both be adding the "₿" symbol in new updates and Apple is also adding a CryptoKit for developers.
The post Bitcoin Symbol to Be Introduced to Apple and Microsoft Platforms appeared first on Bitcoin Magazine.

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23:41 CryptoCoinsNews.comBitcoin Brawl: ‘Faketoshi’ Craig Wright Savages ‘McScammer’ McAfee

By CCN: Delving into the blog of self-proclaimed Bitcoin creator Craig Wright continues to produce combustible findings. This week Wright continued his assault on the sea-faring John McAfee, who Wright called a criminal, and dared him to take it to court. That might be tough for McAfee, who supposedly lives in international waters while on the run from U.S tax authorities – and running for president himself. Amid this apparent stalemate, Craig Wright continued to push the prospects of his Bitcoin SV project and questioned the wisdom of crypto anonymity. Bitcoin SV’s Craig Wright: Crypto Anonymity is for Criminals Writing
The post Bitcoin Brawl: ‘Faketoshi’ Craig Wright Savages ‘McScammer’ McAfee appeared first on CCN

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23:02 CNBC technologyFacebook will reportedly announce cryptocurrency this month, allowing employees to take it as salary

Facebook is reportedly announcing its cryptocurrency this month, and will allow employees on the project to get paid in the new currency.

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22:53 Yahoo.com BusinessCryptocurrency volumes reached 13-month high in May; grew by 188% since January

Traded volume on cryptocurrency exchanges is perhaps the best indicator of the health of the space. In March, The Block wrote that the volume in February was the lowest since July 2017.The post Cryptocurrency volumes reached 13-month high in May; grew by 188% since January appeared first on The Block.

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22:40 Yahoo.com BusinessCalifornia Public Accounts Seek Clarity on Cryptocurrency Holdings

The California Society of Certified Public Accountants (CalCPA) is seeking clarity on cryptocurrency holdings from the Financial Accounting Standards Board (FASB), according to a recent letter obtained by Cointelegraph. In the letter, CalCPA stated that accounting for digital currencies is not adequately captured under existing United States Generally Accepted Accounting Principles (GAAP) established by the FASB, and should be generally aligned with the accounting model for a foreign currency. The organization said that many of the features and risks of cryptocurrencies are similar to those of foreign currency.

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22:40 Yahoo.com BusinessJapanese tax authorities to combat under-reporting cryptocurrency investors

Although cryptocurrency trading can lead to considerable profits, not everyone is reporting their gains, the Asahi Shimbun writes. Approximately 50 individuals and 30 companies failed to report crypto-related income over a period of several years until March.The post Japanese tax authorities to combat under-reporting cryptocurrency investors appeared first on The Block.

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22:39 CryptoCoinsNews.comReality TV’s Big Brother Creator Targets Facebook for Fake Bitcoin Ads

By CCN: John de Mol, who is behind the reality television hit show “Big Brother,” blames Facebook for scammers using his likeness on fraudulent bitcoin-fueled ads that stole nearly $2 million from investors. De Mol, who according to Forbes is worth $1.7 billion, has reportedly filed a complaint in an Amsterdam court against the social media giant for not doing more to prevent the alleged crypto frauds. The ads, which reportedly lured investors to buy bitcoin or engage in crypto-related endeavors that they claimed de Mol had a hand in, are now gone. If you don’t think you know Dutch
The post Reality TV’s Big Brother Creator Targets Facebook for Fake Bitcoin Ads appeared first on CCN

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22:28 Yahoo.com BusinessOne of the world’s only government-backed cryptocurrencies is gearing up to launch following fund creation and UN talks

The Marshall Islands is gearing up to replace the U.S. dollar with its own cryptocurrency, and a new fund is being launched to spur its adoption.The post One of the world's only government-backed cryptocurrencies is gearing up to launch following fund creation and UN talks appeared first on The Block.

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22:15 BitcoinMagazine.comOp Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’

The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset.
The post Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’ appeared first on Bitcoin Magazine.

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22:03 Yahoo.com BusinessBTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX: Price Analysis 05/06

There is a large disconnect between traditional investors and crypto investors on how they approach cryptocurrencies. Billionaire investor Stanley Druckenmiller said that he would neither buy nor sell Bitcoin because he does not find inherent value in it. Another investor, Peter Boockvar, chief investment officer at Bleakley’s believes that Bitcoin can be used as a leading indicator to forecast the directional movement in the stock markets or gold. Compare this with analytical firm Delphi Digital recently terming Bitcoin as the “King of the Assets Class Hill” because of its huge outperformance in May, compared to traditional asset classes. It is worth noting the uncorrelated performance of Bitcoin, which makes it a valuable addition to any portfolio.

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21:12 CoinDesk.comThink Tank Pushes for Creation of a National Cryptocurrency in Switzerland

A new report argues for the necessity of a blockchain-based economic model for Switzerland.

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21:01 Yahoo.com BusinessOKCoin launches euro trading; opens a Malta office as part of European expansion

Cryptocurrency exchange OKCoin has launched euro trading, the company wrote in a Medium post. Customers based outside the U.S. can now take part in euro spot-trading for digital assets, such as bitcoin, ethereum, and bitcoin cash, with more euro cryptocurrency pairs to be added in the future.The post OKCoin launches euro trading; opens a Malta office as part of European expansion appeared first on The Block.

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20:36 CryptoCoinsNews.comCrypto Goal! Major Euro Football Club Now Accepts Bitcoin & Ethereum

By CCN: The beautiful game just got much prettier after European football giant Benfica announced they’d be accepting bitcoin and Ethereum payments. Now, fans of the Portuguese Primera Liga champions can pay for match tickets and club merchandise using cryptocurrency. https://t.co/yfdq08wIRj pic.twitter.com/x3TpTsCcXk — SL Benfica (@slbenfica_en) June 5, 2019 Euro Elite Benfica Accept Bitcoin and Ethereum This isn’t the first time the footballing elite has flirted with cryptocurrency, but it is the first time its been accepted as regular payment. In the recent past, Italian champions Juventus played around with the idea of launching its own club token. Football supporters
The post Crypto Goal! Major Euro Football Club Now Accepts Bitcoin & Ethereum appeared first on CCN

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20:22 FT.com TechnologySEC sets out to coin the terms of an ICO

YouTube gets tough on haters, Samsung slides out of China, brain stimulation headsets

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20:00 Yahoo.com Business1 Low-Risk Way to Cash In on Bitcoin

Here's how to profit from the cryptocurrency's popularity -- without speculating on its often-volatile price fluctuations.

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19:34 CryptoCoinsNews.comEx-Bitmain CEO Jihan Wu Unveils China’s Future Bitcoin Monopoly

By CCN: Bitcoin billionaire and former Bitmain CEO Jihan Wu is set to launch a new crypto trading platform next month that could eventually be granted a monopoly by the Chinese government. Jihan Wu Reveals New Path in Wake of Bitmain IPO Disaster Wu’s project, called Matrix, will be a custody and trading firm with substantial ties to Bitmain, one of the world’s largest crypto mining conglomerates. The news was first reported by The Block. It was assumed that Wu left Bitmain in disgrace upon his replacement as CEO in early January. Wu oversaw the company during its ill-fated filing
The post Ex-Bitmain CEO Jihan Wu Unveils China’s Future Bitcoin Monopoly appeared first on CCN

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19:34 CoinDesk.com$1 Billion Valuation May Elude Ethereum Co-Founder’s New Blockchain Polkadot

Polkadot’s bid for unicorn status has hit a snag, with three Chinese funds buying into the token sale at valuations below $1 billion.

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19:22 CryptoCoinsNews.comCraig Wright: Bitcoin Users Are Money Launderers & Will Rot in Jail

By CCN: According to self-declared Bitcoin creator Craig Wright, everyone who runs a Lightning node, uses privacy-centric cryptocurrency Monero, or uses mixing services like CashShuffle will be guilty of money laundering and eventually suffer the brutal legal consequences. Wright says that once courts figure out the money transmitter nature of various blockchain products, swift action can be expected. Satoshi Nakamoto Calls for Government Regulation? Wright believes that a few government orders could swiftly lead to the destruction of several blockchain systems. He acknowledges that this will not be good news for crypto investors, but he insists it’s probably on the
The post Craig Wright: Bitcoin Users Are Money Launderers & Will Rot in Jail appeared first on CCN

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18:58 Yahoo.com BusinessRipple seeks to improve accuracy of XRP volume and sales data, states Q2 sales of XRP will be far below Q1 as % of volume

Ripple is taking steps to improve the accuracy of the volume and sales data of XRP, per a company blog post on June 3.The post Ripple seeks to improve accuracy of XRP volume and sales data, states Q2 sales of XRP will be far below Q1 as % of volume appeared first on The Block.

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