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‘Watch What Happens to Crypto’ in the Next Financial Crisis, Says ShapeShift CEO

livebitcoinnews | 11-14-2018

The rising level of U.S. debt could see the price of Bitcoin rise. That’s according to the CEO of ShapeShift, who believes debt in America will cripple the economy. Will People Turn to Bitcoin? This is the opinion of Erik Voorhees, CEO of ShapeShift, a digital currency exchange. It is his belief that the crypto market...The post ‘Watch What Happens to Crypto’ in the Next Financial Crisis, Says ShapeShift CEO appeared first on Live Bitcoin News.

Categories: BTC|Exchange|Trading
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CoinJar Co-Founder Says Stablecoins Are the “Craze Right Now”

livebitcoinnews | 11-14-2018

The co-founder of a Melbourne-based Bitcoin exchange has said that stablecoins are the “craze right now,” with money and expertise moving toward it. Rising Interest in Stablecoins Asher Tan is one of the founders of CoinJar, a Bitcoin exchange based in Melbourne. Speaking in an interview with the Financial Review, he talked about the rise...The post CoinJar Co-Founder Says Stablecoins Are the “Craze Right Now” appeared first on Live Bitcoin News.

Categories: BTC|Exchange|USDT|Trading
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Bitcoin Price Analysis: BTC/USD Breakout above Resistance Trend Line, Buyers aim $7,200

newsbtc | 11-14-2018

Latest Bitcoin News Thing is, Bitcoin is just more than a medium of exchange. In 10 short years, the world’s most valuable coin has evolved from being a Cypherpunk thing to a medium of exchange and now it is a solid store of value. It has been so thanks to last year’s super rally. Bitcoin...The post Bitcoin Price Analysis: BTC/USD Breakout above Resistance Trend Line, Buyers aim $7,200 appeared first on NewsBTC.

Categories: BTC|Trading|Exchange|Market
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Judge Rules in Favor of Canadian Bank in Dispute With Crypto Exchange

cointelegraph | 11-14-2018

An Ontario Superior Court Judge has ruled with the Canadian Imperial Bank of Commerce in a dispute with a crypto exchange regarding $19.6 million in frozen funds

Categories: Exchange|Fiat|BTC|Regulation|Business
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Binance CEO Talks About the Next Bitcoin Rally

livebitcoinnews | 11-14-2018

Changpeng Zhao, CEO of Binance, talks about the cryptocurrency market situation and the possible timing of the next Bitcoin bull run. A Quiet Year so Far Bitcoin hit its all-time high of nearly $20,000 in December last year. Since then, the cryptocurrency has only moved downwards and, over the previous few weeks, stabilized between the...The post Binance CEO Talks About the Next Bitcoin Rally appeared first on Live Bitcoin News.

Categories: BTC|Exchange|Trading|Market
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Germany: Bitcoin.de Crypto Exchange Operator to Acquire 100% of Investment Bank Tremmel

cointelegraph | 11-14-2018

The operator of German crypto trading platform bitcoin.de has acquired a 100% stake in investment bank Tremmel, along with rights to operate under the institution’s banking license

Categories: Fiat|BTC|Exchange|Trading
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Target Twitter Account Hacked, Platform Defenseless Against Crypto Scammers

newsbtc | 11-14-2018

The official, verified Twitter account of a leading U.S. retailer has been compromised by hackers, who are leveraging the account to steal cryptocurrencies from investors in an apparent giveaway scam. Target Hit: Hackers Infiltrate Verified Retailer Twitter Account Determined cybercriminals have, reportedly, gained access to the verified Twitter account of U.S. retail giant Target, and...The post Target Twitter Account Hacked, Platform Defenseless Against Crypto Scammers appeared first on NewsBTC.

Categories: BTC|Business
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Forthcoming Crypto Fund Extremely Bullish on Crypto Infrastructure and Adoption

newsbtc | 11-13-2018

A cryptocurrency fund that is scheduled for launch early next year believes that the current slump in prices is distracting people from the ever-growing adoption rates of both consumers and investors alike. Circuit Capital has also created an index to measure mainstream adoption of blockchain-related technologies. Circuit Capital Index Shows Adoption is Rising, Even if...The post Forthcoming Crypto Fund Extremely Bullish on Crypto Infrastructure and Adoption appeared first on NewsBTC.

Categories: Market|Trading|Business
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Hard Fork Woes, Kraken Named Safest Exchange, Pro-Crypto Candidates Win In U.S Elections: The Week That Was

themerkle | 11-13-2018

It’s been a busy week in the crypto industry and news have been in plenty. Bitcoin Cash has expectedly been one of the most dominant topics in the industry, with its hard fork slated for Thursday, November 15. The two lead protagonists, “Bitcoin Jesus” Roger Ver and “Faketoshi” Craig Wright have continued to make headlines, […]The post Hard Fork Woes, Kraken Named Safest Exchange, Pro-Crypto Candidates Win In U.S Elections: The Week That Was appeared first on NullTX.

Categories: Exchange|BTC|Sponsored
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Bitmain Restructures Leadership Board Positions Ahead of IPO

newsbtc | 11-13-2018

According to recent reports, Chinese cryptocurrency mining giant, Bitmain, is undergoing a major leadership shuffle as the company restructures its board of directors ahead of its imminent IPO on the Hong Kong Stock Exchange (HKEX). Bitmain’s upcoming IPO is expected to set a record for the cryptocurrency industry and will likely solidify Bitmain’s market share of...The post Bitmain Restructures Leadership Board Positions Ahead of IPO appeared first on NewsBTC.

Categories: BTC|Mining|Exchange|Market|Asia
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Bitfury Acquires Minority Stake in Final Frontier, Aims To Expand Services

bitcoinmagazine | 11-13-2018

The Bitfury Group has acquired a minority stake in blockchain services firm Final Frontier. Both organizations are looking to utilize each other’s knowledge and experience in the traditional and digital finance spaces to potentially release a new line of financial products and services designed to assist professional investors in getting their hands on digital assets.“Our mission is to be the bridge for institutions from traditional finance to enter this innovative asset class,” said Final Frontier co-founder Imraan Moola in a public statement. “Bitfury’s technological expertise, combined with our financial markets know-how and track record will allow us to create unique and differentiated financial products and solutions to service our sophisticated investor base.” Bitfury is a full-service blockchain technology company that started out with a focus on cryptocurrency mining. Among the company’s latest hardware releases are semiconductor chips and mobile data centers. Bitfury is also the developer behind other blockchain projects including Exonum, a private blockchain framework; Crystal Blockchain, an advanced analytics platform; and LightningPeach, an open-source Lightning Nnetwork project. Based out of Switzerland’s renowned Crypto Valley, Final Frontier is a cryptocurrency and blockchain investment firm. Among the venture’s main goals are helping professional traders and investors enter the crypto sp...

Categories: Blockchain|Business|BTC|Mining|Market
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Bitcoin Group SE Buys Investment Bank Tremmel for Undisclosed Figure

bitcoin.com | 11-13-2018

Bitcoin Group SE has bought 100 percent shares of investment bank Tremmel for an undisclosed amount. This is the German digital currency exchange operator’s second acquisition in 2018. Bitcoin Group, which holds current assets of $40 million, said Tremmel allows it to issue its own cryptocurrency-related products, conduct proprietary trading and operate bitcoin ATMs. Also […]The post Bitcoin Group SE Buys Investment Bank Tremmel for Undisclosed Figure appeared first on Bitcoin News.

Categories: BTC|Fiat|Exchange|ETH|Trading
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Ripple Files to Move Securities Lawsuit from State to Federal Court

bitcoinmagazine | 11-13-2018

Ripple’s legal team in their ongoing securities suit is attempting a new tack: to have the claim proceed at the federal level.In a move that legal commentator Jake Chervinsky described as “seriously crafty,” Ripple has filed a formal notice-of-removal motion to have their most recent securities suit, Zakinov et al v. Ripple, tried in a federal court rather than at the state level.  In the notice of removal, the defendants, which include Ripple and its CEO Brad Garlinghouse, among others, request that the court “remove the … civil action, and all claims and causes of action therein, from the Superior Court of the State of California, County of San Mateo, to the United States District Court for the Northern District of California.”The class action is a consolidation of three separate suits filed by Vladi Zakinov, David Oconer and Avner Greenwald “on behalf of all California citizens who purchased or otherwise acquired XRP from January 1, 2013 to the present.” It claims that since Ripple has failed to register with the U.S. Securities and Exchange Commission (SEC), XRP has been sold as an unregistered security, and the combined class action is seeking nearly $17 million in damages.Swamped with legal troubles, Ripple has sustained several legal challenges to their sale of XRP tokens, with many alleging that these token sales constitute securities fraud. Although Ripple has yet to face any serious consequenc...

Categories: XRP|Regulation|ICO|BTC|Exchange
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Claim: Crypto Exchange Lost $500,000 Due to AurumCoin 51% Attack

ccn | 11-13-2018

A little-known cryptocurrency called AurumCoin (AU) has claimed that it was hit by 51 percent attack, and crypto exchange Cryptopia, where the cryptocurrency is listed, lost 15,752.26 AU (approx. $550,000 at the time of writing this article). However, the cryptocurrency has shifted the blame on Cryptopia. On AurumCoin’s website, it has claimed that it is notThe post Claim: Crypto Exchange Lost $500,000 Due to AurumCoin 51% Attack appeared first on CCN

Categories: Exchange
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Jihan Wu Loses Control of Bitmain as IPO Documents Indicate Profit Figures Were Hyped

themerkle | 11-13-2018

Bitmain has dominated ASIC manufacturing since it was founded in 2013. One man has been at the forefront of this domination, leading the company into the giant that it is today; Jihan Wu. However, it may not be so for much longer, with a Chinese publication revealing that a recent reshuffle has demoted the renowned […]The post Jihan Wu Loses Control of Bitmain as IPO Documents Indicate Profit Figures Were Hyped appeared first on NullTX.

Categories: Business
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Bitmain Sues Anonymous Hacker Over $5.5 Million Theft

bitcoinmagazine | 11-13-2018

Chinese mining giant Bitmain is suing an anonymous hacker that allegedly stole $5.5 million in cryptocurrency last April from the company’s account on the digital exchange Binance.The hacker’s identity is still unknown, and he’s described only as “John Doe” in official court documents, which were filed in accordance with the lawsuit on November 7, 2018, with the U.S. District Court for the Western District of Washington in Seattle. The documents state that the hacker managed to take over the company’s Binance account, then use bitcoin stored in the account to purchase ether tokens. These tokens were utilized to buy and manipulate the price of an altcoin known as MANA coin (MANA). John Doe then transferred the MANA into a separate Binance account they controlled. The documents explain, “Upon further information and belief, John Doe took his/her market manipulating and theft scam a step further by essentially reversing the same orchestrated trades between Bitmain’s wallet and John Doe’s wallet using a deflated MANA price. While accessing Bitmain’s digital wallet without authority, John Doe placed an order to sell MANA out of Bitmain’s digital wallet at a deflated price. At the same time, John Doe placed a purchase order for MANA at that deflated price from John Doe’s Binance wallet.” They continue to say, “Binance’s automated system matched the deflated MANA sell order with the deflated MANA purchase orde...

Categories: Exchange|Trading|BTC|ICO|Mining
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Would You Pay $30k to Withdraw $1m? What You Need to Know About Bitfinex’s New 3% Wire Withdrawal Fee

livebitcoinnews | 11-13-2018

Bitfinex, the 17th largest cryptocurrency exchange by trade volume, has announced a new fee structure for high volume / high value fiat withdrawals. Bitfinex Hikes Fee Bitfinex, one of the leading cryptocurrency exchanges, earlier on Sunday made an announcement on its website revealing a new fee structure for fiat withdrawals. According to the announcement, effective...The post Would You Pay $30k to Withdraw $1m? What You Need to Know About Bitfinex’s New 3% Wire Withdrawal Fee appeared first on Live Bitcoin News.

Categories: Exchange|Fiat|BTC|Trading
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Major South Korean Hospital to Use Blockchain Tech for Medical Information Services

cointelegraph | 11-13-2018

South Korea’s Myongji Hospital is set to launch a medical information exchange service based on blockchain tech

Categories: Blockchain|Technology|Exchange
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Canadian Holding Firm to Acquire EXMO Crypto Exchange Per Letter of Intent

cointelegraph | 11-13-2018

Major crypto exchange EXMO has signed a Letter of Intent to be acquired by Canadian publicly-traded holding company GoverMedia Plus Canada

Categories: Exchange|Blockchain
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Swiss Firm Obtains Certification For its Cryptocurrency From Islamic Scholars

cryptoglobe | 11-13-2018

X8 AG, a Switzerland-based fintech firm, has reportedly been certified by Islamic scholars to offer its cryptocurrency as a form of investment to Muslim investors. The company is planning to expand its operations to cover the Middle East region and other Islamic countries. X8 AG’s digital currency has been developed on the Ethereum blockchain, and its creators claim that it’s backed by 8 major fiat currencies, gold, and the “best-in-class’ risk management tools.

Categories: Fiat|ETH|Blockchain|Business
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Indian Crypto Company Embroiled In Ponzi Scheme Targeting Muslim Investors

ethnews.com | 11-13-2018

Ambidant Marketing allegedly lured individuals with "halal" investment.

Categories: Business
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Exit Scam? Crypto Exchange Delists High-Profile Tokens

ccn | 11-13-2018

Between September and October, Liqui.io delisted 25 token pairs. A shrill Reddit user believes that signs point to an exit scam in progress. Liqui.io has been delisting alot of their coins lately. Including some of their top 10 volume coins like BAT. Meanwhile they give customers just 15 days to withdraw after delisting (approx a … ContinuedThe post Exit Scam? Crypto Exchange Delists High-Profile Tokens appeared first on CCN

Categories: ICO|Exchange
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OKEx Adds Support for the Vietnamese Dong on Its Fiat-to-Crypto Platform

bitcoinmagazine | 11-13-2018

Malta-based cryptocurrency exchange OKEx has added the Vietnamese Dong (VND) on its Customer-to-Customer (C2C) trading system, enabling Vietnamese customers to exchange their fiat currency for tokens on the platform.The C2C platform was created by OKEx in 2017 as a peer-to-peer platform where users can buy and sell cryptocurrencies using fiat currencies. OKEx’s Head of Operations Andy Cheung noted that the addition of the VND on the company's fiat-to-token platform would drive the adoption of cryptocurrencies in Vietnam.“Vietnam is one of the most important blockchain hubs in Southeast Asia. We see a significant growth in the use of cryptocurrencies in this market,” Cheung added.Trades made on the C2C platforms won't incur any transaction fees, according to the release. The exchange also plans to introduce market makers (merchants) in the future. Merchants are verified traders who have enough reserves to facilitate transactions on the platform. The digital asset platform requires a security deposit from qualified merchants before they can be accepted on the platform.According to the company's website:"Market makers help serve a larger number of crypto enthusiasts and hence support a high trading volume. OKEx examines every merchant on the C2C platform. Every merchant on the platform needs to declare their digital assets which must exceed OKEx’s internal requirements to get qualified and to trade."OKEx, ...

Categories: Exchange|Trading|Fiat|BTC|Market
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Coincheck Resumes Trading Of NEM Tokens

ethnews.com | 11-13-2018

After a hack and a buyout, the exchange is once again selling XEM.

Categories: Exchange|ICO|Trading
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Markets Update: Bitcoin Cash Price Rally Stalls but Trade Volume Spikes Hard

bitcoin.com | 11-13-2018

There are less than two days left until the Bitcoin Cash (BCH) network faces a contentious hard fork and BCH markets are showing some unusual activity. They are being driven by heavy trading volumes that have doubled in the last two days, while BCH/USD short positions on Bitfinex have touched an all-time high. At the […]The post Markets Update: Bitcoin Cash Price Rally Stalls but Trade Volume Spikes Hard appeared first on Bitcoin News.

Categories: BTC|Trading|Exchange|Market
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Retail Giant Target's Twitter Account Hacked, Used to Promote Fake 5,000 Bitcoin (BTC) Giveaway

cryptoglobe | 11-13-2018

Cryptocurrency scammers had reportedly hijacked retail giant, Target’s, official Twitter account - in order to promote a fake bitcoin (BTC) giveaway. The fraudsters had encouraged Target Coproration’s over 2 million Twitter followers to send a small amount of digital currency to them - in order to enroll in a 5,000 BTC giveaway, an amount valued at about $30 million. Target Corporation, the second-largest American department store retailer with an annual revenue of over $70 billion, is now among several other large organizations which have been targeted by malicious scammers on Twitter.

Categories: BTC|Business
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Nothing Personal, Just Business Says Calvin Ayre

trustnodes | 11-13-2018

Calvin Ayre has stated his alleged plan to 51% attack BCH and all other cryptos, including BTC and ETH, is nothing personal, just business. “Bitmain is trying to make this...The post Nothing Personal, Just Business Says Calvin Ayre appeared first on Trustnodes.

Categories: Business|BTC|ETH
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Traders Now Betting 2-to-1 the Bitcoin Cash Fork Will Cause Price Decline

coindesk | 11-13-2018

There are now almost twice as many open short positions betting that the price of bitcoin cash (BCH) will fall as there are longs betting on a rise in its price. According to data from crypto exchange Bitfinex, which allows margin trading for multiple cryptocurrencies, there are currently 89,457 open BCH short positions and 53,322 […]

Categories: Trading|Market|BTC|Exchange
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Stock Market Slump Could See Bitcoin Price ‘Make New All-Time High’

bitcoinist | 11-13-2018

Cryptocurrency inventor, fund partner and advocate Max Keiser is predicting new all-time Bitcoin price highs as the stock market tumbled again this week. Bitcoin to ‘New All-Time High’ as Stock Market Slumps A drop in share prices for both Goldman Sachs and Apple has equated to an approximately 160-point loss for the Dow Jones November 12, leading Keiser to suggest the index could collapse to below the significant 10,000 barrier in future. “10 (years) ofRead MoreThe post Stock Market Slump Could See Bitcoin Price ‘Make New All-Time High’ appeared first on Bitcoinist.com.

Categories: Market|BTC|Business|Trading
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Bullish Signals: Binance Boss Predicts Year End Crypto Bull Run

newsbtc | 11-13-2018

Bears have dominated the last three quarters in the Bitcoin market. But the sentiment is about to reverse, according to Changpeng Zhao. The CEO of Binance, the world’s leading crypto exchange by volume and earnings, said in an interview that he expects a new bull run phase in the Bitcoin market. The gutsy prediction found its...The post Bullish Signals: Binance Boss Predicts Year End Crypto Bull Run appeared first on NewsBTC.

Categories: Trading|Exchange|BTC|Market
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Digital Bank Revolut Surpasses 3-Million Customer Mark

bitcoin.com | 11-13-2018

U.K. startup Revolut has announced that its customer base has surpassed three million users. The fintech platform, which has quickly become a viable online alternative to traditional banking, was established in 2015. It currently offers payment and exchange services for a growing number of fiat currencies and cryptocurrencies. Also read: Huobi Opens in Russia, Plans […]The post Digital Bank Revolut Surpasses 3-Million Customer Mark appeared first on Bitcoin News.

Categories: Fiat|Exchange|BTC
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Marc Andreessen: Bitcoin Is A “Very Important Idea”

newsbtc | 11-13-2018

Marc Andreessen, one of the internet’s foremost entrepreneurs and investors, has recently doubled-down on his pro-Bitcoin sentiment, divulging that cryptocurrency is a “fundamentally new and very important concept.” This notable nod of acceptance from such a luminary indicates that this budding industry continues to pick up steam, even whilst the crypto market continues its tightrope walk....The post Marc Andreessen: Bitcoin Is A “Very Important Idea” appeared first on NewsBTC.

Categories: BTC|Market|Technology|Business
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Binance to Suspend Trading for Eight Hours Due to System Upgrade

livebitcoinnews | 11-13-2018

Cryptocurrency exchanges need to keep their infrastructure up-to-date at all times. For Binance, tomorrow marks such an important day. Although the company isn’t changing anything major, the company will temporarily suspend all services. During this eight-hour period, users will need to look for other trading alternatives. Binance System Upgrade Announcement On Monday, popular cryptocurrency exchange...The post Binance to Suspend Trading for Eight Hours Due to System Upgrade appeared first on Live Bitcoin News.

Categories: Exchange|Trading|BTC
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Bitfinex Launches Bitcoin Cash Chain Split Tokens as Gap Between SV and ABC Narrows

cryptoglobe | 11-13-2018

Following similar moves by Poloniex, Bitfinex has announced Chain Split Tokens to represent the products of the upcoming Bitcoin Cash Hard Fork. Chain Split Tokens will be available for Bitcoin Cash ABC and Bitcoin Cash SV, both tradeable through the fork.

Categories: BTC|Exchange|ICO
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Huobi’s US-Based Strategic Partner HBUS Hires Former Exec of VC Firm Draper Athena

cointelegraph | 11-13-2018

HBUS, the four-month-old U.S.-based partner of major exchange Huobi, has hired a former exec of VC firm Draper Athena

Categories: Exchange
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Pure Bit Bamboozles Investors in $2.7 Million ICO Exit Scam

bitcoinist | 11-13-2018

Pure Bit lured investors in with promises of a rewarding ICO then mysteriously vanished, taking 13,000 worth of ETH with them. There’s a Sucker Born Every Minute The South Korean exchange is accused of pulling an exit scam after raising nearly 13,000 ETH ($2.7 million) in ICO funds. A few months ago ICOs were banned in South Korea. In response, the team behind Pure Bit operated anonymously. It’s likely that investors weren’t wary of this,Read MoreThe post Pure Bit Bamboozles Investors in $2.7 Million ICO Exit Scam appeared first on Bitcoinist.com.

Categories: ICO|Business|ETH|Exchange|Asia
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Bitmain Co-Founder Jihan Wu is No Longer on Company's Board of Directors

cryptoglobe | 11-13-2018

Bitmain Technologies, the leading manufacturer of crypto mining hardware, has reportedly made some key changes to the makeup of its board of directors. The most notable adjustment, which occurred last week, is changing Bitmain co-founder Jian Wu’s official designation and role from director to “supervisor”, according to Chinese news outlet Sanyan Blockchain. Tian Yangang, a legal representative at Beijing-based Lvli law firm, said: “After changing to a supervisor, there is no voting right" in business decisions.

Categories: Regulation|Mining|Blockchain|Business
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Bitmex shuts down US-based accounts: The speculations behind it and the possible relation to 1Broker

cryptopotato | 11-13-2018

TL;DR Hong Kong-based cryptocurrency exchange, BitMEX, recently started shutting down accounts originated in USA. While the exchange doesn’t allow US traders to operate on its platform, many believed that it turned a blind eye on those who were doing so. Tone Vays, the famous trader, is the new victim.’ Less than two months ago, the […]The post Bitmex shuts down US-based accounts: The speculations behind it and the possible relation to 1Broker appeared first on CryptoPotato.

Categories: Exchange|Asia
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GMO Reports $5.6 Million Q3 Loss on Crypto Mining Business

coindesk | 11-13-2018

Japanese IT giant GMO has reported a loss of 640 million yen (about $5.6 million) for its cryptocurrency mining business in the third quarter of 2018. Revealed in the firm’s latest financial report, published Monday, that figure is markedly worse than its Q2 loss of 360 million yen (around $3.2 million). GMO put the drop […]

Categories: Mining|Fiat|Business
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Exclusive Interview With Harish D. Gupta, CEO of Polybird Tokenized Assets Exchange

blokt | 11-13-2018

Asset tokenization is definitely one of the most noteworthy use cases of blockchain technology since its inception a decade ago. Many blockchain projects are oriented towards this direction lately, as the ability to distribute the ownership of non-fungible assets or to transfer the ownership of illiquid physical commodities by simply using smart contracts, unfolds whole […]Exclusive Interview With Harish D. Gupta, CEO of Polybird Tokenized Assets Exchange was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

Categories: Blockchain|Exchange|BTC|Technology|Commodity
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Singapore Central Bank ‘Demonstrates’ Value of Blockchain With Tokenized Assets

bitcoinist | 11-13-2018

The Stock Market and Central Bank of Singapore have successfully developed a blockchain-based settlement system for tokenized assets in partnership with some big names like Nasdaq, Anquan Capital, and Deloitte. Singapore Central Bank Seeks Faster Settlement Bitcoinist reported earlier in August that the Monetary Authority of Singapore (MAS), which is also the city-state’s de facto Central Bank, as well as Singapore’s Stock Exchange (SGX), have partnered up with Anquan Capital, Deloitte, and Nasdaq to developRead MoreThe post Singapore Central Bank ‘Demonstrates’ Value of Blockchain With Tokenized Assets appeared first on Bitcoinist.com.

Categories: Asia|Fiat|Blockchain|Business|Exchange
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Crypto Scammers Busted for Offering Fraudulent 'Halal' Investment Scheme

cryptoglobe | 11-13-2018

Indian citizen, Syed Fareed, and his son, Syed Afaq Ahmed, have reportedly been involved in a fraudulent cryptocurrency investment scheme. Both Fareed and Ahmed had launched what now appears to be a Ponzi scheme - which was cleverly disguised as a seemingly lucrative digital currency investment opportunity. Indian authorities found that Ambidant Marketing and investment firm, run by Faheed and Ahmed, was offering fake “halal” crypto investment contracts, while also misusing Islamic scholars to lure Muslim investors.

Categories: ICO|Business
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Japan: Crypto Exchange Coincheck Resumes NEM Trading Almost 10 Months After Major Hack

cointelegraph | 11-13-2018

Recently re-opened Japanese crypto exchange Coincheck has announced it has resumed NEM crypto token trading

Categories: Exchange|Asia|Trading|ETH|ICO
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Emerging Cloud Server Cryptocurrency Mining Service Splitt Experiences Rapid Growth, Attracts Ten Thousand Investors in Less than Three Months

coinspeaker | 11-13-2018

CoinSpeakerEmerging Cloud Server Cryptocurrency Mining Service Splitt Experiences Rapid Growth, Attracts Ten Thousand Investors in Less than Three MonthsRecently launched cloud server cryptocurrency mining service, Splitt is now making the heads turn in the global crypto community.Emerging Cloud Server Cryptocurrency Mining Service Splitt Experiences Rapid Growth, Attracts Ten Thousand Investors in Less than Three Months

Categories: Mining|Business|Sponsored
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Sompo Holdings Acquires 10% Stake in Kenyan Cryptocurrency Exchange Bitpesa

bitcoin.com | 11-13-2018

Japanese insurance group Sompo Holdings has acquired a 10 percent stake in Bitpesa, a Kenyan digital currency exchange and payments company, for 570 million yen ($5.02 million). The deal is expected to further digitize the insurer’s international remittance service. Also Read: Namibian Bitcoin Trading Platform BTN Persevered Despite Crypto Ban Crypto-Backed Remittances Sompo Holdings said in […]The post Sompo Holdings Acquires 10% Stake in Kenyan Cryptocurrency Exchange Bitpesa appeared first on Bitcoin News.

Categories: Exchange|BTC|Asia|Trading|Fiat
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The Week: SEC Charges EtherDelta Founder, $125 Million Airdrop, Tether’s Bank In Trouble

cryptoglobe | 11-13-2018

Despite flat markets, there were significant developments this week, the Stellar Development Foundation, announced a $125 million community airdrop, bolstering the price of Stellar by 12.8%. The SEC charged EtherDelta with operating an unregistered security exchange and Tether’s new bank - Deltec - has been caught in another bribery case.

Categories: Regulation|Fiat|ETH|Exchange|Market
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Estonia Grants B2BX Crypto Exchange Regulatory License to Operate Within the EU

blokt | 11-13-2018

B2BX cryptocurrency exchange announced on November 12 that it had acquired a license by the Estonian Financial Intelligence Unit (FIU), to operate as a fully regulated exchange for trading digital currencies. B2BX Users Will Benefit From Additional Services According to the press release, with this regulatory approval, B2BX becomes one of the first fully-regulated crypto exchanges […]Estonia Grants B2BX Crypto Exchange Regulatory License to Operate Within the EU was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

Categories: Exchange|BTC|Blockchain|Trading
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Emerging Cloud Server Cryptocurrency Mining Service Splitt Experiences Rapid Growth, Attracts Ten Thousand Investors in Less Than Three Months

livebitcoinnews | 11-13-2018

Recently launched cloud server cryptocurrency mining service, Splitt is now making the heads turn in the global crypto community. Designed to make cryptocurrency mining user-friendly and safe for all, Splitt has secured an investment of well over $5 million from more than ten thousand investors over the last three months. November 10, 2018: Splitt, a...The post Emerging Cloud Server Cryptocurrency Mining Service Splitt Experiences Rapid Growth, Attracts Ten Thousand Investors in Less Than Three Months appeared first on Live Bitcoin News.

Categories: Mining|Business|BTC|Sponsored
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Islamic Scholars Approve Swiss-Based Value Preservation Payment Token X8X

newsbtc | 11-13-2018

X8 AG, a Switzerland-based blockchain technology company and creator of value preservation payment token X8X, has obtained the approval from Islamic scholars in order to be marketed as a Sharia-compliant digital currency. The certification will allow the business to expand in the Middle East as regulators and financial exchange in the region increasingly attempt to...The post Islamic Scholars Approve Swiss-Based Value Preservation Payment Token X8X appeared first on NewsBTC.

Categories: ICO|Exchange|Fiat|Blockchain|Technology
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Ripple Labs' Attorneys File to Move Consolidated Lawsuit Against Company to US Federal Court

cryptoglobe | 11-13-2018

Attorneys representing American fintech company, Ripple Labs, have filed to move a consolidated class-action lawsuit initiated by XRP investors against the payments technology firm to US federal court.Court documents released on Wednesday by Ripple's attorneys noted that the ongoing legal dispute over XRP tokens should be shifted from the San Mateo Superior Court to the U.S. District Court, Northern District of California. Notably, there are now multiple lawsuits filed against the US-based fintech and the company's lawyers stated that the the case may now be brought before a higher court..

Categories: XRP|ICO|Regulation|Technology|Business