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Research: Bitcoin “Run” by an Influential Group Holding Large Amounts of Cryptocurrency

July 6, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, Blockchain, Commentary, Crime, News

A study has revealed the possibility of a hidden group of users in the Bitcoin network control a majority of the digital asset. This closed group also completes most of the transactions in the network. Past studies have also highlighted the majority holdings of the digital currency lie in the hands of...

Make A Fake Whale Squirt On Command with a Steem Donation

July 6, 2018 by Cindy Huynh at Adoption, Altcoins, Blockchain, Business, News, Tech

The SteemWhale is a recently deployed fountain in the form of a life-sized sperm whale located in the North of Netherlands. It is currently a part of the eleven fountains project dedicated to saving the lives of whales. Now, users can donate Steem tokens and see the whale “squirt” on...

Viber to Launch Cryptocurrency in 2019, Slated to Reach over 100 Million Russian Citizens

July 6, 2018 by contributor at Altcoins, Business, News, Regulation, Tech

Viber, the Luxembourg-based messaging and video call app with over 100 million users in Russia alone, has announced its intentions to launch a native cryptocurrency in 2019. Viber Studying Russian Law Local news outlet Tass reported the development on July 3, 2018. Rakuten, a Japanese e-commerce business conglomerate, and early-stage...

SEC Settlement: Illegal Cryptocurrency Stock Sellers Dictated to Return Ill-Gotten Profits

SEC Settlement: Illegal Cryptocurrency Stock Sellers to Return Ill-Gotten Profits

July 6, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Crime, News, Regulation

A lawyer and his firm's business affairs manager in the state of Nevada have reached an agreement with the Security and Exchange Commision (SEC) to settle their ongoing illegal stock sale case. Attorney T.J. Jesky and his right-hand man Mark F. DeStefano were named in a lawsuit by the SEC,...

Bitcoin Exchange Binance Offers $250,000 Bounty on Attempted Hackers

Binance Leads Fundraising Round in Tokenized Security Startup Republic

July 6, 2018 by contributor at Altcoins, Bitcoin, Business, Finance, News

The world’s largest cryptocurrency exchange by traded volume, Binance, led a funding round for AngelList-backed investment platform Republic on July 1, 2018. The platform intends to develop and introduce a native security token. Building a Global Market As per a press release, Republic aims to attract institutional investors for its...

How AI Can Help Traders Maximize Alpha and Profits

July 6, 2018 by Peter Borovykh at Altcoins, Bitcoin, Finance, News, Tech

Recently, cryptocurrency trading has become a more populated space, as traders recognize that they can capitalize on the crypto market’s volatility to see oversized returns. However, volatility is a double-edged sword, as hard to predict drops in the market can punish the more inexperienced traders if they do not have...

“Cruelty-Free Cryptocurrency” VeganCoin Aims to Create an Ecosystem for the Vegan Lifestyle

July 6, 2018 by contributor at Altcoins, News

The infamous Initial Coin Offerings were envisioned as a novel method of raising money for blockchain-based projects. However, the concept has since morphed into a means of fundraising for just about any business, with VeganCoin setting the latest example of such an undertaking. A Support System for Vegans After establishing...

Turkish Authorities Arrest ‘Turcoin’ Founders for Running Ponzi Scheme

July 5, 2018 by Priyeshu Garg at Altcoins, Crime, News

The founders of Turcoin, a Turkish cryptocurrency token that was revealed as a Ponzi scheme, have been arrested by authorities investigating the scam. Sadun Kaya and Muhammed Satıroğlu, founders of Turcoin and business partners at Istanbul startup Hipper, were apprehended on July 2 as part of an investigation that has seen...

Third Lawsuit Served to Ripple on Allegations of Artificially Inflating the XRP Token

July 5, 2018 by contributor at Altcoins, Business, Finance, News

Blockchain-based payments processor, Ripple, was served a court notice in June 2017 for potential security fraud, their third notice in three months. Ripple Hit by Lawsuits The latest suit reveals that an investor in Ripple’s native token, XRP, holds the company responsible for insider-trading, inflating the value of their token,...

The Impact of Brexit on the United Kingdom's Crypto Sector

Spain, Brazil and U.K. Likely First For Ripple-Powered Santander App

July 5, 2018 by Robert DeVoe at Altcoins, Blockchain, Business, Finance, News, Tech

In June 2018, Santander Bank, one of the largest banks in the world, announced that it would be deploying a Ripple-powered remittance app in various parts of the world. The app which is operated using Ripple Labs product called XCurrent will allow for same day settlements. Increasing Trust in Ripple...

THEKEY Launches $20 Million Research Fund as it Enters Blockchain Partnership with Chinese Government

July 5, 2018 by Priyeshu Garg at Adoption, Altcoins, Business, Finance, News, Tech

Chinese blockchain identity verification startup THEKEY has announced that it has entered into a partnership with the Chinese government to develop social insurance blockchain applications. On Medium, CEO and Chairwoman Catherine Li also revealed that the company is launching a $20 million research fund to support the development and application...

Are Bitcoin Futures Responsible for the Bearish Market?

July 5, 2018 by Cindy Huynh at Altcoins, Bitcoin, Crime, Finance, News, Tech

Yukio Noguchi, a well-respected Japanese economist, believes the launch of Bitcoin Futures in 2017 may have been responsible for the destruction of Bitcoin’s 2017 bull rally and may have led to Bitcoin’s 2018 bearish market. Bitcoin Futures and its Impact On the Bitcoin Rally Bitcoin futures enables traders to speculate...

Liberalization of Banking Access to Swiss Crypto Companies on the Horizon

Liberalization of Banking Access to Swiss Cryptocurrency Companies on the Horizon

July 5, 2018 by Priyeshu Garg at Adoption, Altcoins, Bitcoin, Blockchain, News, Tech

Cryptocurrency companies in Switzerland might soon be able to take advantage of the conventional banking, said Heinz Tännler, head of Swiss Zug canton’s Financial Directorate, in an interview with Financial Times said on July 2, 2018. Conventional banks vs. Crypto Companies Switzerland has recently been named one of the crypto-friendly...

Chinese Courts Rule that Blockchain Based Evidence is Admissible for the First Time Shaurya Zach Thursday yes news archive done

China: Courts Regard Blockchain as Credible Evidence in Cases

July 5, 2018 by Crypto Advocate at Altcoins, Bitcoin, Blockchain, News, Regulation

As the societal applications of blockchain technology continue to grow, the world is now seeing the once conservative field of law being infiltrated with this innovative technology. Infiltrated may not be the proper term as the Internet Court of Hangzhou in China ruled blockchain-derived evidence is now admissible in Chinese...

Research: 46 Percent of Unauthorized Cryptocurrency Mining Circumvents Antivirus Software

July 5, 2018 by contributor at Altcoins, Mining, News

Cryptojacking continues to be classified as a rising threat in the cybersecurity domain. After considering infiltrated browser systems, miners, macOS’, social groups, and even cellphones, reports suggest over 98.8 percent of unauthorized cryptocurrency mining takes place on Linux-based software. Cryptocurrency Mining an “Advanced, Major Concern” A report by industry observer...

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