Police in Mumbai have busted a gang allegedly involved in a cryptocurrency scam that amassed an estimated 1 billion rupees (nearly $14 million). The gang targeted people by launching a cryptocurrency called Cashcoin and sold it to investors, promising to double their money. Also Read: Indian Blockchain Summit Draws Policy Makers to Speed up Crypto Regulation […]The post Indian Police Arrest ‘Cashcoin’ Gang Accused of Scamming Millions From Investors appeared first on Bitcoin News.
Victims of an alleged crypto mining investment scam called “CryptoMining.Farm” have reportedly filed complaints with Thai authorities
Cardano (ADA), Cryptocurrency–Despite the first month of 2019 starting much the same as last year, with cryptocurrency trading sideways or in a steady decline, today saw bullish turn for Bitcoin and top of the market...The post Cardano (ADA) Posts Double Digit Gains as Market Sees Green appeared first on Ethereum World News.
Crypto Assets To Surge, Claims Trader Galaxy, a self-proclaimed “cryptocurrency accumulation machine,” recently remarked that from his point of view, Bitcoin (BTC) market dominance is going to be in for a tough time. Citing historical...The post Crypto Analyst Calls For ‘Altseason’, Expects Bitcoin Dominance To Go Sub -30% appeared first on Ethereum World News.
Liberstad, a libertarian city in southern Norway, has reportedly dumped fiat currencies and cash. In their place, it has instituted its own cryptocurrency — City Coin. The not-so-cleverly-named cryptocurrency will replace all other forms of legal tender. A spokesman told Express.co.uk: City Coin is a secure and innovative cryptocurrency based on City Chain, a smart city platform that enables the design, implementation and use of next-generation services for smart cities and their inhabitants. As theRead MoreThe post Norwegian ‘City’ Replacing Fiat and Cash for Its Own Cryptocurrency appeared first on Bitcoinist.com.
Crowdfunding has exploded in popularity, but a blockchain startup says the industry has serious flaws. Now, it is taking on major players like Kickstarter #SPONSORED
The decision by Coinbase, announced last week, to offer users the facility to store private cryptocurrency keys within a cloud-based file service has drawn ire among the cryptocurrency community. However, it is an argument that appears to cut to the heart of the drive to fuel wider adoption of cryptocurrencies.
Russia’s third-biggest bank by assets Gazprombank has elected to freeze the bank accounts belonging to Venezuelan state oil firm Petróleos de Venezuela, S.A. (PDVSA), Reuters reports. Citing sources, the report indicated that the state-owned lender did so to lower its risks of coming under U.S. sanctions. Alongside China, Iran, Turkey and other countries, Russia is one of the strongest supporters of Venezuelan president Nicolas Maduro. Last month when Venezuela’s National Assembly head, Juan Guaido, declared himself interim president the four voiced their support for Maduro. This was contrary to the position taken by the United States and other western powers. The post US Sanctions Squeezes Russia’s 3rd Biggest Bank into Freezing Venezuela Oil Firm’s Accounts appeared first on CCN
Tokyo-based Recruit Co., Ltd., the firm behind Indeed and Glassdoor job search portals, has invested in privacy-oriented crypto project Beam Development Limited
Drivechain developer Paul Sztorc has the cryptocurrency community riled up over his latest blog “Security Budget in the Long Run.” The essay discusses the economics of BTC network fees over a long period of time and suggests rather than giving up the fees to competition, a dominant protocol should collect fees “from all networks.” Also […]The post Drivechain Creator’s Latest Paper Sparks Debate Over Bitcoin’s Future Security appeared first on Bitcoin News.