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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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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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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Goldman Sachs Reportedly Suspends Cryptocurrency Trading Desk Plan; Crypto Market Plummets

Goldman Sachs Reportedly Suspends Cryptocurrency Trading Desk Plan; Crypto Market Plummets

As cryptocurrency gets closer and closer to mainstream adoption, the relationship between the crypto market and the traditional financial world becomes tighter and tighter; accordingly, whenever today the traditional financial world rejects cryptocurrency in some way or form, the crypto market slumps. That what appears to occur now – one of the largest global financial institutions, the investment bank Goldman Sachs, was reported to discard its prior plans to initiate a promising crypto venture, and…

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The U.S., France and Russia Fight Over the Extradition of a Russian Crypto Expert from Greece

The U.S., France and Russia Fight Over the Extradition of a Russian Crypto Expert from Greece

The most famous active investigation in the world right now is of the Special Counsel Robert Mueller in the U.S., which probes into the Russian-meddling in the 2016 Presidential Election, and if the Trump campaign had any connection to it. The investigation had already previously brought to the surface one surprising principal component that is reinforced by an international imbroglio: cryptocurrency. According to new reports, a Russian cryptocurrency expert who ran a crypto exchange called…

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Fundstrat’s Tom Lee: Correlation between Bitcoin and Emerging Markets, BTC could Reach $25K in 2018

Fundstrat’s Tom Lee: Correlation between Bitcoin and Emerging Markets, BTC could Reach $25K in 2018

Are there signals out there that can indicate to which direction the price of Bitcoin is going? This is a question that many crypto enthusiasts and investors are asking since the dawn of cryptocurrency. At least according to Tom Lee, the Managing Partner and the Head of Research at Fundstrat Global Advisors, there’s a place (or rather, an ETF) that can give several meaningful hints regarding BTC’s price: emerging markets. Lee appeared in CNBC’s “Trading…

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The Crypto ATM Market Will Grow to $145 Million in Five Years

The Crypto ATM Market Will Grow to $145 Million in Five Years

One of the most distinctive evidences for the further adoption of cryptocurrency as a mainstream medium of exchange is the growing prevalence of cryptocurrency ATMs. Last month we reported that the number of crypto ATMs has already surpassed 3,500, and now a new report indicates that this field keeps on expanding at a rapid pace. The report, compiled by the B2B research company MarketsandMarkets, shows that more and more people engage in cryptocurrency activity via…

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