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Showing posts with the label April 20

Bitcoin (BTC): The Real Purpose of Cryptocurrency

For many people the purpose of cryptocurrencies, like Bitcoin (BTC), has always been a mystery. There is no such thing as a Bitcoin “coin”. It is shown as a coin because that's a useful analogy. But it's an encryption key, one of roughly 21 million answers to an intricate computer puzzle, that can only exist ... from Google Alert - cryptocurrency https://ift.tt/2F5XWiv via IFTTT https://ift.tt/eA8V8J

Third Co-Founder Of Cryptocurrency Company Charged In Manhattan Federal Court With Scheme ...

Third Co-Founder Of Cryptocurrency Company Charged In Manhattan Federal Court With Scheme To Defraud Investors. Robert Khuzami, the Attorney for the United States, Acting Under Authority Conferred by 28 U.S.C. § 515, and William F. Sweeney Jr., the Assistant Director-in-Charge of the New ... from Google Alert - cryptocurrency https://ift.tt/2Hj89u3 via IFTTT https://ift.tt/eA8V8J

“Venture Capital Working Group” Seeks Select Cryptocurrency “Safe Harbor”

Richard Levin, a lawyer who's worked with various blockchain and cryptocurrency ventures, described the meeting as “crucial” to the safety of digital assets and their respective users. “It's a 'come to the lord' moment,” he explained. “We are seeing a watershed moment in which many firms in the digital ... from Google Alert - cryptocurrency https://ift.tt/2qOQ93H via IFTTT https://ift.tt/eA8V8J

Founder of cryptocurrency debit card faces new fraud charges for $32 million ICO scheme

The U.S. government is following through on its promise to crack down on initial coin offering scams. On Friday, the SEC announced charges against Raymond Trapani, the third co-founder of Centra Tech Inc., which raised $32 million for a cryptocurrency debit card last year through a flashy ICO ... from Google Alert - cryptocurrency https://ift.tt/2HhfGgG via IFTTT https://ift.tt/eA8V8J

India Cuts Off Its Nose to Spite Its Face Over Cryptocurrency

In comparison to the world stage, India is not a big player in the cryptocurrency market but the usage of cryptocurrency -based revenue from raising capital based on the trading of digital currencies, has lead the way for new and innovative companies to become operational. These businesses stand to ... from Google Alert - cryptocurrency https://ift.tt/2qOQ5Rv via IFTTT https://ift.tt/eA8V8J

Why a Cryptocurrency Mining Giant Is Burning Money in a 'Black Hole'

Learning about cryptocurrency economics can be a bit like biting into an oatmeal cookie and finding raisins when you though they were chocolate chips: Entirely unexpected, and frankly unsettling. Consider the case of AntPool—one of the largest cryptocurrency mining pools in the world. According to ... from Google Alert - cryptocurrency https://ift.tt/2qPIX79 via IFTTT https://ift.tt/eA8V8J

Stellar Run: XLM, IOTA, ADA Spike in Good Week for Altcoins

Alternative cryptocurrencies shone bright this week, as the wider cryptocurrency market saw continued resurgence. The total market capitalization of all cryptocurrencies rose 25 percent week-on-week to $375 billion, according to CoinMarketCap - that's up from below $250 billion just 10 days ago. from Google Alert - cryptocurrency https://ift.tt/2HhaGbU via IFTTT https://ift.tt/eA8V8J

Bitcoin Is The Religion, But Ripple Would Pack Higher Return

Investors looking to venture into the cryptocurrency market may want to set their sights on buying alternative crypto assets as opposed to just buying Bitcoin. Bitcoin is coming off of an all-time high of just under $20,000 and currently trades at a price of $8,200. Should Bitcoin return to its previous all-time ... from Google Alert - cryptocurrency https://ift.tt/2qPIUbt via IFTTT https://ift.tt/eA8V8J

Crimea Plans Cryptocurrency Fund to Circumvent Sanctions, Woo Foreign Investors

Crimean authorities want to launch a cryptocurrency fund for foreign investors to circumvent the economic sanctions currently in place against the Russian-occupied territory. Georgy Muradov, the deputy prime minister of Crimea, revealed his plans on April 18. “We are discussing these schemes to ... from Google Alert - cryptocurrency https://ift.tt/2qM84bN via IFTTT https://ift.tt/eA8V8J

Industry leaders debate future of cryptocurrency and cannabis at Proactive Investors' CryptoCann ...

CEOs of several leading cryptocurrency and cannabis companies gathered in New York this week to debate the wide-open future of these two bright-burning investment spaces. At Proactive Investors' inaugural CryptoCann symposium, business leaders and investors assembled to discuss all of the ... from Google Alert - cryptocurrency https://ift.tt/2vuVp1Z via IFTTT https://ift.tt/eA8V8J

Macau Warns Public Over Possible Fraud with Cryptocurrency Firm, Links to Cambridge Analytica

Financial authorities in Macau have issued a warning over possible 'fraud and criminal activities' in relation to a cryptocurrency firm backed by a former gangster. The warning comes following revelations that Macau Dragon Group, a firm associated with 'Broken Tooth' Wan Kuok-koi, employed the ... from Google Alert - cryptocurrency https://ift.tt/2HE3QNe via IFTTT https://ift.tt/eA8V8J

Gibraltar is the first regulated cryptocurrency country

Gibraltar has set itself at the forefront of the regulation of businesses that use Distributed Ledger Technology (DLT). On 12th October 2017, Gibraltar introduced a comprehensive set of new laws to regulate DLT businesses, making it the first country in Europe to take this bold step it also launched the ... from Google Alert - cryptocurrency https://ift.tt/2Jav1we via IFTTT https://ift.tt/eA8V8J

New York AG launches initial probe into 13 cryptocurrency exchanges

Basis cofounder and CEO Nadir Al-Naji discusses the upside of strict regulation with The Ledger team. Time. by Taboola by Taboola. AD CONTENT. EverQuote Insurance Quotes · Mountain View, California: This Unbelievable, Tiny Company Is Disrupting a $200 Billion IndustryEverQuote Insurance ... from Google Alert - cryptocurrency https://ift.tt/2HGr1Xm via IFTTT https://ift.tt/eA8V8J

SEC charges a third founder of Floyd Mayweather-backed cryptocurrency with fraud

An additional founder of a cryptocurrency firm that was endorsed by champion boxer Floyd Mayweather was charged with fraud by the U.S. Securities and Exchange Commission Friday. The company, Centra, raised $32 million through a fundraising mechanism known as an initial coin offering, or ICO. from Google Alert - cryptocurrency https://ift.tt/2Hkpm6p via IFTTT https://ift.tt/eA8V8J

Mt Gox CEO Mark Karpeles Lands New Job — CTO for Cryptocurrency Firm

The Notorious Mark Karpeles Lands a C-Level Position With a Firm That Dabbles in Cryptocurrency Investments and Runs the Largest VPN Service Worldwide. Mark Karpeles is starting a new job, and he will be working with a company that's into technology like virtual private networks (VPN) and ... from Google Alert - cryptocurrency https://ift.tt/2Hzcgp0 via IFTTT https://ift.tt/eA8V8J

ATW Tech Announces Completion of Einsteinium Cryptocurrency Integration Phase I

“We've been looking at crypto for quite some time,” says Michel Guay, CEO of ATW Tech, adding that: “Many organizations are getting in on the cryptocurrency craze for example to fund political campaigns and we want to be the first facilitator.” “Using Einsteinium for fundraising efforts has the distinct ... from Google Alert - cryptocurrency https://ift.tt/2F25mDB via IFTTT https://ift.tt/eA8V8J

Ripple Surges Amid Coinbase Discussions and Bank Trials

Ripple is surging. The third-largest cryptocurrency , with a market cap of $33.4 billion, jumped 17.6 percent in the space of 24 hours on Friday to a price of 85 cents per coin, the fourth-largest gains out of the top 100 cryptocurrencies. The jump comes amid a wider boost in the industry, plus a number of ... from Google Alert - cryptocurrency https://ift.tt/2vrYGyM via IFTTT https://ift.tt/eA8V8J

Alphabet (aka Google) Invests in New Cryptocurrency

A new cryptocurrency startup just completed a massive round of fundraising, reaping $133 million and attracting some serious heavy hitters in the world of finance. Alphabet Inc. (a.k.a. Google) is one of more than a dozen investors backing Intangible Labs and its cryptocurrency called Basis. The full list ... from Google Alert - cryptocurrency https://ift.tt/2HMxkpH via IFTTT https://ift.tt/eA8V8J

Europe toughens cryptocurrency regulations in a bid to fight money laundering

Under the agreement, cryptocurrency exchanges and custodian wallet providers will have to apply customer due diligence controls, including customer verification requirements, just like their banking counterparts. The European Parliament expects that this will help end the anonymity associated with ... from Google Alert - cryptocurrency https://ift.tt/2qMtDZd via IFTTT https://ift.tt/eA8V8J

Hong Kong PolyU launches research lab on blockchain and cryptocurrency technologies

To enhance accountability measures against misuse of cryptocurrency such as money laundering, ransom payment request, while still safeguarding anonymity and authenticity, the team will also develop mechanisms for introducing measures such as setting spending/transfer limit, revealing identity ... from Google Alert - cryptocurrency https://ift.tt/2HfixH6 via IFTTT https://ift.tt/eA8V8J