As Japan’s Police Reports Crypto Scams Tripled in H1 2018, Japanese Crypto Exchange Zaif Is Hacked

As Japan’s Police Reports Crypto Scams Tripled in H1 2018, Japanese Crypto Exchange Zaif Is Hacked

In another attestation to the growing phenomenon of crypto scams all around the world, Japanese police has disclosed that in the first six months of 2018, cryptocurrency frauds have tripled. And if that wasn’t enough, coincidentally, a Japan-based crypto exchange was recently hacked and lost dozens of millions of dollars. Ever since the end of World War II, Japan has always been one of the leading countries on the planet in technological innovation – and…

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China Boasts Crypto Ban; Warns (Again) Against ICOs

China Boasts Crypto Ban; Warns (Again) Against ICOs

By now it’s no secret that the Chinese authoritarian regime really dislikes crypto. Whilst the Communist Party-led state does attempt to exploit the advantages of blockchain technology, it also wages war against decentralized digital currencies that the Chinese government views as a threat. Now, through the state’s central bank, China has imparted a new warning against cryptocurrency, focusing on initial coin offering (ICO). Even though there isn’t anything particularly new in the recent cautionary message,…

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Peter Thiel: The ‘Libertarian Crypto vs. Communist AI’ Dichotomy

Peter Thiel: The ‘Libertarian Crypto vs. Communist AI’ Dichotomy

It is easy to regard Bitcoin just as another form of currency; but the truth is that it’s so much more than merely a medium of exchange, for which there are many reasons. One way to think about it is to envisage a future completely bereft of Bitcoin or other cryptocurrencies, and imagine what sorts of alternatives there are. One who lays out such hypothetical juxtaposition is the legendary billionaire, entrepreneur and venture capitalist Peter…

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Google’s Anti-Fraud Chief: Scammers Target Cryptocurrency Boasters Online

Google’s Anti-Fraud Chief: Scammers Target Cryptocurrency Boasters Online

Anybody with an email knows about email scams. Anybody with cryptocurrency knows about crypto scams. Now it seems that there’s a new threat in the online arena – one that combines between the two. In an interview with CNBC, Google’s top fraud cop Mark Risher stated that boasting online about holding cryptocurrency just might be equivalent to putting a big shining mark on your back. Apparently, when scammers are on the hunt for a new…

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Survey: Millennial Men Are Most Likely to Invest in Cryptocurrency

Survey: Millennial Men Are Most Likely to Invest in Cryptocurrency

Who is the key demographic group that is most likely to jump into the crypto waters and invest in one (or more) of the many digital currencies? A new study suggests that millennials would be most inclined to acquire cryptocurrency, and more specifically, millennial men. The study, dubbed “The Future of Investing,” was commissioned by the global crypto-finance company Circle, and employed the extended reach of Survey Monkey Audience Panels. It consisted of over 3,000…

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Bitsy.com Launches Fiat-Crypto Digital Wallet Service

Bitsy.com Launches Fiat-Crypto Digital Wallet Service

Medici Ventures, a worldwide leader in Blockchain Technology, today announced that its portfolio company Bitsy.com has started the limited Beta launch of a Digital Wallet Service that makes an easy, secure, and advantageous extension between conventional fiat currencies and cryptocurrencies. Bitsy.com Launches Fiat-Crypto Digital Wallet Service The underlying beta release of the technology will bolster bitcoin purchases, with extra cryptocurrencies to take after soon. Dissimilar to other wallet suppliers which don’t let clients really hold their coins…

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Wall Street Joins? Citigroup, Morgan Stanley, Goldman Sachs Advance toward Crypto

Wall Street Joins? Citigroup, Morgan Stanley, Goldman Sachs Advance toward Crypto

Some would argue that this is utterly unexpected and some would claim that it was only a matter of time: in a recent barrage of fresh updates from the conventional financial world, several of the largest banks in the world – Citigroup, Morgan Stanley and Goldman Sachs – have made some significant steps toward cryptocurrency. On September 9, anonymous sources revealed to Business Insider that Citigroup intends to roll out in an unspecified future date…

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Study: The Vast Majority of Cryptocurrencies Are Completely Copied

Study: The Vast Majority of Cryptocurrencies Are Completely Copied

The microcosmos of initial coin offering (ICO) is tumultuous, bewildering and hectic – at this point, this assertion is not even a personal opinion or a commentary, but simply a realistic portrayal. Now, a new study depicts an even more turbulent picture of the process through which cryptocurrencies are created and sold to the public, one that is also filled with plagiarism and infringement. Published by the state-sponsored China Securities Journal, a recent study conducted…

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Legal Precedent: US Judge Determines that Security Laws Apply to Initial Coin Offerings (ICOs)

Legal Precedent: US Judge Determines that Security Laws Apply to Initial Coin Offerings (ICOs)

One way or another, something had had to happen in the wild arena of initial coin offerings (ICOs) – and now, at least from a legal point of view, it just might have. In a precedential and likely consequential ruling, a U.S. federal judge may have directed and shaped how initial coin offerings would be viewed in the eye of the law in the future, and under which laws ICOs would be legally covered. Raymond…

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French Football Club Paris Saint-Germain to Issue Cryptocurrency via “Fan Token Offering”

French Football Club Paris Saint-Germain to Issue Cryptocurrency via “Fan Token Offering”

Another attestation to the wide expansion of cryptocurrency has materialized recently, this time not from the natural habitat of the financial sphere, but from another utterly distinct field – the world of sports. One of the most popular football (“soccer” in American English) clubs in the world, France’s Paris Saint-Germain (PSG) has partnered up with the blockchain-powered tokenized voting platform Socios.com; this would enable the distinguished French team to launch a Fan Token Offering (FTO),…

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