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Showing posts with the label February 15

Major cryptocurrency market charging users duplicative fees

The dominant cryptocurrency marketplace charged users duplicative fees for previous purchases on Thursday, emptying and over-drafting users' bank accounts. Users of Coinbase, a digital exchange and wallet that allows people to buy, sell and store the most popular cryptocurrencies, reported being ... from Google Alert - cryptocurrency http://ift.tt/2Bwvs3i via IFTTT http://ift.tt/eA8V8J

Skycoin: Anatomy of a cryptocurrency scam

What if someone told you there was a cryptocurrency that could help you fight the repeal of net neutrality by getting paid to be on a badass futuristic internet? Furthermore it's uncensorable, can't be centralized, and is impenetrable to hacks. Enter Skycoin, the sounds-to-good-to-be-true coin with so many ... from Google Alert - cryptocurrency http://ift.tt/2sxlHPt via IFTTT http://ift.tt/eA8V8J

Atari Is Launching a Cryptocurrency Because That's Just What a Company Like Atari Does Now

Lately, it's seemed like Atari has been putting it's focus on two big strategies: crowdfunding and promoting products that don't exist. So, it makes perfect sense that it's reportedly getting into the cryptocurrency game with its own coin offering, the Atari Token. It's become commonplace for struggling ... from Google Alert - cryptocurrency http://ift.tt/2EJXhqI via IFTTT http://ift.tt/eA8V8J

Litecoin SOARS: Cryptocurrency makes staggering 110% recovery after huge slide

Litecoin – which is currently valued at $219 according to CoinMarketCap – has experienced an increase of 53 percent in one week. The cryptocurrency has appreciated by 112.27 percent since the low experienced on February 6 where it hit $106.94. The total market capitalisation of all cryptocurrencies ... from Google Alert - cryptocurrency http://ift.tt/2syU2xz via IFTTT http://ift.tt/eA8V8J

Brave browser's $1M promotion is for publishers this time

Brave developed BAT, promoted it, then sold a billion BAT it essentially created out of thin air last March. At the same time, the startup also created 300 million BAT that it kept for promotional purposes. There's a lot of dodgy behavior in the cryptocurrency world, and prices for digital currencies have been ... from Google Alert - cryptocurrency http://ift.tt/2EMrbuQ via IFTTT http://ift.tt/eA8V8J

Cryptocurrency & Blockchain: It's Not Just A Biglaw Practice Area

Over the past few years, it seemed that every few months, another Biglaw firm would announce the launch of a specialty practice group devoted to cryptocurrency and Fintech. Fast forward and even the prestigious Chambers & Partners Ranking Guide (think of it as Avvo or Yelp for Biglaw) now has a ... from Google Alert - cryptocurrency http://ift.tt/2EvQkdL via IFTTT http://ift.tt/eA8V8J

CFTC: Beware cryptocurrency pump-and-dump schemes

Virtual currency regulation was back in the news Thursday, with the Commodity Futures Trading Commission warning investors to steer clear of trading digital currencies and tokens in markets that often contain unlawful behavior. The other news of the day was the continued recovery in the price of ... from Google Alert - cryptocurrency http://ift.tt/2Co9Na8 via IFTTT http://ift.tt/eA8V8J

Coinbase Launches Cryptocurrency Payment Platform for Businesses

Even at the height of cryptocurrency value a few months ago, it was hard to actually buy anything with it. Most retailers don't accept virtual money because it's confusing and slow, but Coinbase is hoping to change that. The popular crypto exchange has released a new product called Coinbase ... from Google Alert - cryptocurrency http://ift.tt/2Ex990g via IFTTT http://ift.tt/eA8V8J

US regulator warns of 'pump-and-dump' cryptocurrency frauds

The U.S. Commodity Futures Trading Commission (CFTC) joined other regulators sounding the alarm on "pump-and-dump" cryptocurrency investing schemes. "Customers should not purchase virtual currencies, digital coins, or tokens based on social media tips or sudden price spikes," the CFTC wrote ... from Google Alert - cryptocurrency http://ift.tt/2EuJ2qx via IFTTT http://ift.tt/eA8V8J

US CFTC Commissioner Says Cryptocurrency Exchanges Adopting 'Self-Regulation' Could Spur ...

A top commissioner with the U.S. Commodity Futures Trading Commission (CFTC), Brian Quintenz, a Republican, has said operators in the cryptocurrency space could do well to consider adopting self-regulatory standards and “industry-wide” best practices to policing the new technology-driven space ... from Google Alert - cryptocurrency http://ift.tt/2Co2krC via IFTTT http://ift.tt/eA8V8J

Meet 'Paypal for Crypto,' a New Way to Pay With Bitcoin and Litecoin

The largest U.S.-based cryptocurrency exchange, Coinbase, is releasing a PayPal-like service of its own. On Wednesday, Coinbase wrote about its new platform that will make it easier for merchants to accept payments with Bitcoin, Bitcoin Cash, Ethereum, and Litecoin through Coinbase Commerce. from Google Alert - cryptocurrency http://ift.tt/2Ex0wTu via IFTTT http://ift.tt/eA8V8J

US Regulator Warns of Cryptocurrency 'Pump-And-Dump' Schemes

The CFTC's warning comes as financial regulators worldwide intensify their scrutiny of cryptocurrencies, which are virtual coins not backed by governments. Cryptocurrency trading has been booming over the past year, with the price of coins such as bitcoin and ethereum hitting record levels in volatile ... from Google Alert - cryptocurrency http://ift.tt/2CnxEal via IFTTT http://ift.tt/eA8V8J

Coinbase admits it accidentally overcharged tons of cryptocurrency buyers

Following numerous complaints from concerned users on Reddit, popular cryptocurrency exchange desk Coinbase has confirmed a bug in its system resulted in accidentally charging tons of users multiple times for the same purchase – some complained being charged 17 times the original purchase. from Google Alert - cryptocurrency http://ift.tt/2Et7YyR via IFTTT http://ift.tt/eA8V8J

Bitcoin tops $10200 as cryptocurrencies extend rally

The cryptocurrency climbed 8 percent above $10,200 in early afternoon trading New York time on Coinbase, the largest U.S. marketplace for buying major cryptocurrencies. Bitcoin also topped $10,200 on CoinDesk's bitcoin price index, recovering more than $4,000 after dipping below $6,000 last ... from Google Alert - cryptocurrency http://ift.tt/2CmmoLh via IFTTT http://ift.tt/eA8V8J

Victims of cryptocurrency hack suing Coincheck for $650 million theft

"Coincheck says it's a security issue which is preventing them from repaying customers their cryptocurrency ," lawyer Jun Tabata said. "But we are saying if you've got the currency available you must provide it to us because that's what your rules state." University of Technology Sydney cryptocurrency  ... from Google Alert - cryptocurrency http://ift.tt/2ELmgdp via IFTTT http://ift.tt/eA8V8J

US regulator warns of cryptocurrency 'pump-and-dump' schemes

NEW YORK, Feb 15 (Reuters) - The U.S. derivatives regulator warned investors on Thursday about cryptocurrency “pump-and-dump” scams that aim to rip off investors by inflating the price of volatile virtual tokens through spreading bogus information. The Commodities Futures Trading Commission said ... from Google Alert - cryptocurrency http://ift.tt/2BwhK0c via IFTTT http://ift.tt/eA8V8J

Game Maker Atari Is Planning to Launch Its Own Cryptocurrency

The company behind iconic video games such as Pac-Man and Pong is planning to launch its own cryptocurrency , dubbed "Atari Token," according to an announcement last week. As part of the effort, Atari acquired a 15% stake in a Gibraltar-based company, Infinity Networks, Ltd and has licensed its ... from Google Alert - cryptocurrency http://ift.tt/2BZOSyF via IFTTT http://ift.tt/eA8V8J

Oh Great, Now Cryptocurrency Is Disrupting the Search for Aliens

If you believe the most breathless technology prophets, blockchain—best known for its role in the cryptocurrency boom, though it's far more complicated than that—is primed to disrupt almost everything around us. Late last year, Slate's Aaron Mak rounded 57 industries and enterprises it was supposedly ... from Google Alert - cryptocurrency http://ift.tt/2syCqC4 via IFTTT http://ift.tt/eA8V8J

Japan's cryptocurrency industry to set up self-regulatory body

The new entity, set to launch April 1, will link the Japan Blockchain Association, which was founded around the country's top digital currency market player bitFlyer, and the Japan Cryptocurrency Business Association, whose membership includes Osaka-based virtual currency trading service provider ... from Google Alert - cryptocurrency http://ift.tt/2EJthve via IFTTT http://ift.tt/eA8V8J

Canada's VersaBank to Offer Digital Vault Service for Cryptocurrency

Even though most banks around the world have taken a negative stance on Bitcoin, some smaller institutions are doing the exact opposite. There is no real reason for any bank to oppose cryptocurrencies, even though it may seem like the “safer” option. VersaBank, one of Canada's smaller banks, ... from Google Alert - cryptocurrency http://ift.tt/2ButEb8 via IFTTT http://ift.tt/eA8V8J