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Bitcoin tech company Bitfury has released a new generation of ASIC Bitcoin mining hardware, and plans to integrate it into its other mining products. Bitcoin (BTC) mining software manufacturer Bitfury Group has launched a new generation of its BTC mining hardware based on its Application-Specific Integrated Circuit (ASIC) chip Bitfury Clarke, according to an announcement … [Read more…]
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Binance has received an investment from Temasek subsidiary Vertex Ventures to support the exchange’s expansion into the Southeast Asian market. Vertex Ventures has announced an investment in the largest cryptocurrency exchange Binance to facilitate its expansion into Singapore, according to a press release shared with Cointelegraph Oct. 23. Vertex Ventures is a subsidiary of Singapore-based … [Read more…]
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Bitcoin “Patient Zero” Wences Casares suggested that Bitcoin is an “intellectual experiment” that could take years to succeed if it does not fail. Bitcoin “Patient Zero” Wences Casares, the founder of Bitcoin (BTC) wallet startup Xapo, said that the seminal cryptocurrency may take years to prove successful, in an interview with Bloomberg Oct. 29. In … [Read more…]
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Cryptocurrencies traded in a tight range this week, continuing a period of low volatility. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data … [Read more…]
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Coinbase has confirmed it has made lay-offs among several departments but did not comment on the rumored numbers involved. U.S. cryptocurrency exchange and wallet provider Coinbase has cut “at least” fifteen staff after hiring 250 this year, Yahoo Finance quotes unidentified sources as saying Friday, Oct. 26. In a curious U-turn following a year of … [Read more…]
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SBI, the Japan-based Fintech giant, has just announced its plans of launching an SBI Ripple-powered application for mobile called MoneyTap. ひっそりと、Moneytapのティザーサイトを公開しました。ロゴや画面のイメージ如何でしょうか！？https://t.co/Pw4JDg9nEy — 沖田 貴史 T.OKITA (@OKITATakashi) September 12, 2018 SBI Ripple-Powered Application The CEO of SBI Ripple Asia, Takashi Okita, took to Twitter on Wednesday to announce MoneyTap. The translated tweet reads: “Quietly, the teaser site … [Read more…]
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Texas regulators have issued a cease and desist order to a cloud mining company for selling unregistered securities, among other alleged offences including fraudulent behavior. The Texas State Securities Board has issued an emergency cease and desist order to an Australia-based cloud mining company AWS Mining PTY LTD for selling unregistered securities, according to an … [Read more…]
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Wow. It is a solemn day for cryptocurrencies everywhere! According to CoinMarketCap, the market is experiencing a big crash with most coins seeing double-digit losses. I wish I could be bringing a lighter tone to this grey picture, but another fraudulent ICO has been shut down by the SEC earlier today. Is such market volatility … [Read more…]
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A Xinhua News Agency investigation revealed ways Chinese crypto investors are avoiding the country’s ICO ban. An investigation by the Xinhua News Agency has shown it is possible to bypass China’s Initial Coin Offering (ICO) ban, according to an article published September 26. The investigation has shown that despite the government’s efforts to crack down … [Read more…]
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Cointelegraph investigates the murky web of incidents connected with the Bitconnect heist, from Texas to Gujarat. An American musical prelude Bitconnect, the now-defunct crypto lending and exchange platform that has been ousted as a ruinous Ponzi scheme, has memorably been compared by the Silver Miller law firm to the fleeting 2011 Broadway musical “Wonderland,” based … [Read more…]
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The cryptocurrency market took a huge hit nearly 12 hours ago when Bitcoin (BTC) abruptly dropped over $200 in value within minutes. After BTC dropped, a widespread cryptocurrency sell-off took place and hasn’t slowed down since. Cryptocurrency Sell-Off According to CoinMarketCap, Bitcoin (BTC) is currently trading at $6,264.43 a coin, down -4.63%. Most of the … [Read more…]
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Crypto markets are seeing another wave of growth, with Bitcoin trading above $6,700 and 19 out of the top 20 coins firmly in the green. Sunday, September 23: crypto markets are seeing another wave of green. All but one of the top 20 cryptocurrencies by market cap have made gains over the past 24 hours, … [Read more…]
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An interview with Mr. Roubini about “buggy” smart contracts, Ethereum being a scam, why he might want to give the industry another try The interview has been edited and condensed. Nouriel Roubini is a New York-based economist that famously predicted the 2008 financial crisis when only a few considered there might be a threat to … [Read more…]
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There’s no doubt that Americans are showing more and more interest in cryptocurrency. A recent survey from LendEDU found that Bitcoin ownership in the U.S. is just below 14%, with over 17% interested in adding it to their portfolio in the future. One of the biggest barriers for investors to enter cryptocurrency investing is security. … [Read more…]
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Today marks 10 years of Bitcoin; its original white paper was released onto the internet on Halloween day, 2008. What began as an idea to challenge the financial establishment, has since grown to become a $110 billion market. 10 Years of Bitcoin: The Whitepaper The purpose of Bitcoin was straightforward; the digital asset, as a … [Read more…]
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New York University now offers a major in blockchain and cryptocurrencies at the Stern School of Business. New York University (NYU) has reportedly become the “first” university in the U.S. to offer students a major in blockchain technology, CBS New York reported September 18. The program will reportedly be provided by the NYU Stern School … [Read more…]
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Cryptocurrency exchange Coinbase has opened an office in Dublin in the face of Brexit. San Francisco-based cryptocurrency exchange Coinbase has opened a new office in Dublin, Ireland, according to an announcement published Oct. 15. In addition to helping expand its operations in Europe, the new Irish offices are reportedly part of a contingency plan for … [Read more…]
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Experts and executives from crypto businesses in the U.S. met in Washington to inform regulators about the main regulatory obstacles facing the industry. More than 45 representatives from major Wall Street firms and crypto companies took part in a meeting to discuss Initial Coin Offering (ICO) and cryptocurrency regulations in Washington D.C. September 25. The … [Read more…]
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How to Earn Cryptocoins Without Investing or Mining
If you are an average person, you probably won’t be to thrilled about the math calculation and hard study that goes into learning how to invest in cryptocoins. You probably won’t be looking forward to the math calculations and study...
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Yet, despite the fact that the terms "crypto coin," "crypto token," and "cryptocurrency" are sometimes used interchangeably, they do not refer to the same item. There are several fundamental distinctions between a coin and a token, despite the fact that these employ distributed ledger technology (also known as blockchain technology). Funex coin is a crypto token which is made on Ethereum, Binance and Tron Blockchain technology. It is revolutionary crypto token which enables quick and easy transactions.
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Japan just received some crypto-positive news, as a Chinese blockchain company just unveiled it’s working on a yen-backed cryptocurrency. Crypto in Japan has always been widely accepted, but it is quite the opposite in China—the country went as far as to create its own cryptocurrency firewall. The South China Morning Post reported this morning that Grandshores … [Read more…]
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