Category: Cryptocoin

  • Google Play Forces Crypto Wallet Samourai to Remove Security Features

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    Crypto wallet Samourai removed security features introduced in its latest app update after Google Play found them in conflict with its “store policies.” The app’s Twitter handle confirmed that it has disabled features called Stealth Mode, Remote SMS, and SIM Switch Defense. A separate blog post accused Google Play of being extremely restrictive to become a “walled garden,” […]

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  • US Feds Raid Tech Hub for Unauthorized Crypto Trading: Report

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    United States federal agencies reportedly raided the office of a Michigan-based science and tech center last month during a crypto-related investigation, local news outlet Wood-TV reported Jan. 5. As Wood-TV reported, Chris Boden, the founder of The Geek Group, made a live public statement on YouTube Saturday night, which has evidently since been deleted. Boden reportedly claimed the office of […]

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  • Coinbase Reportedly Bans Personal Account of Social Media Platform Gab Founder

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    The personal Coinbase merchant account of Andrew Torba, social media platform Gab’s founder, has been terminated, the official Gab.com account tweeted on Jan. 4. As blockchain blog Breaker reported earlier, Gab’s business account on Coinbase was allegedly closed in December. The news source put forward that a possible reason why it is hard for Gab to obtain a payment processor is […]

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  • Stablecoin Issuers May Need Licenses in Texas, Unlike Most Crypto Startups

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    Stablecoins may qualify as “money” under Texas law, according to updated guidance from the state Department of Banking. A memo published Wednesday by Texas Banking Commissioner Charles Cooper outlines how cryptocurrencies are to be treated under local and federal regulations, in particular adding details of how stablecoins backed by sovereign, or fiat, currencies may be assessed. The […]

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  • Crypto Shill John McAfee: I Haven’t Filed a Tax Return in 8 Years

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    Crypto bull John McAfee threw down the gauntlet to the US Internal Revenue Service, and dared the agency to come after him for tax evasion. McAfee, 73, confessed in a stunning tweetstorm that he hasn’t filed a tax return in eight years. Why? He explained: Taxation is illegal. I paid tens of millions already and […]

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  • Hackers Demand Bitcoin After Taking Down Dublin’s Tram System Website

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    The website of Dublin’s light rail system, Luas, has gone down after it was hacked, the Irish Examiner has reported. Consequently, visitors to the website, which has been offline for more than three hours now, are being greeted with a message that the hacker(s) posted citing their demands. The unidentified hackers are demanding to be paid one bitcoin in […]

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  • Top 5 Worst Bitcoin Price Predictions of 2018

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    Despite the price of bitcoin reaching a record high in 2017 and then taking a bearish turn as 2018 kicked in, bitcoin bulls were not deterred and continued making overoptimistic predictions throughout the year. Among the prominent bitcoin bulls, the co-founder of markets analysis firm Fundstrat Global, Tom Lee, stood out for his unrelenting optimism […]

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  • Bitmain IPO Put in Doubt by Hong Kong Financial Regulators

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    Hong Kong financial regulators are reluctant to back any crypto-related business at this moment in time while proper rules are being drafted to regulate initial public offerings (IPOs). The news might have a serious knock-on effect on the application of the Bitmain IPO and other related crypto projects in Hong Kong in the near future. […]

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  • Former Wall Street Investor: Big Chance Crypto is Best Performing Asset in 2019

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    Travis Kling, a former Point72 Asset Management executive, a hedge fund that oversees $12.4 billion in assets, said that there is a big chance crypto becomes the best performing asset in 2019. The Ikigai Fund founder made the case that cryptocurrencies were never present during a proper bear market in traditional finance and the decline of the […]

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  • UK Investors and Businesses Still Suffering Fallout of Bitcoin Crash

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    Hundreds of businesses and retail investors are still counting the cost of bitcoin’s 80 percent drop from its all time high at the turn of the year. A Sky News special report has revealed that alongside investment portfolios, bitcoin’s price tank also claimed several mortgages, loans, marriages and even possibly university funds for some investors’ children in […]

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