Category: Investors

South African Investors to Lose $13 Million as Bitcoin Scammer Declared Bankrupt

South African Investors to Lose $13 Million as Bitcoin Scammer Declared BankruptA South African high court has declared an alleged bitcoin scam mastermind, Willie Breedt, bankrupt. The court decision follows an application by one disgruntled investor, Simon Dix, a News24 report states. Willie Breedt is the CEO of the defunct Vaultage Solutions (VS), the company at the center of the alleged cryptocurrency scam. According to South […]

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Decentralized Finance Startup Focused on Bitcoin Cash Raises $1 Million for Expansion

Decentralized Finance Startup Focused on Bitcoin Cash Raises $1 Million for ExpansionOn May 7, the decentralized finance (defi) startup General Protocols revealed the team has raised over $1 million from investors. The creators of General Protocols have introduced innovative projects on the Bitcoin Cash network such as Anyhedge, and have also participated in helping forward the Bitcoin Cash Node (BCHN) project and Flipstarter.cash. The BCH community […]

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SLP Token Fuels Scooter Rental Business in Taiwan, Investors to Get Their Dividends in BCH

SLP Token Fuels Scooter Rental Business in Taiwan, Investors to Get Their Dividends in BCHA company running a small scooter rental service in Taipei, Taiwan’s capital city, has minted an SLP token on the Bitcoin Cash network to support its business and to attract investors and customers. The company issues its own cryptocurrency, a Simple Ledger Protocol (SLP) token. SLP is a token-based protocol built on top of the […]

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Court Rejects Ripple’s Bid to Dismiss Class Action Lawsuit Filed by XRP Investors

Court Rejects Ripple’s Bid to Dismiss Class Action Lawsuit Filed by XRP InvestorsA court case that has the future of XRP at stake continues after Ripple’s motion to dismiss it was rejected by a court in California. The plaintiffs claim that the blockchain company sold the coin as an unregistered security and demand compensation. Ripple tried to avoid the case with its defense team insisting the lawsuit […]

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Bitcoin Rich: 6 Crypto Entrepreneurs Make the 2020 Hurun Billionaire List

Bitcoin Rich: 6 Crypto Entrepreneurs Made the 2020 Hurun Billionaire ListOn Wednesday, the “Hurun Global Rich List,” a ranking of the wealthiest individuals, published its 2020 report that notes the world saw 346 new billionaires last year. This year’s list also includes six blockchain entrepreneurs who made the Hurun Global Rich List through cryptocurrency investments. Also read: Warren Buffett Slates Bitcoin, Denies Owning Crypto Gifted […]

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Wells Fargo Fined $3 Billion for 15 Years of Illegal Practices Affecting Millions of Customers

Wells Fargo Fined $3 Billion for 15 Years of Illegal Practices Affecting Millions of CustomersWells Fargo, one of the largest U.S. financial services companies, has agreed to pay $3 billion to resolve the U.S. government’s investigations into fraudulent sales practices spanning over 15 years. The Wells Fargo fraud case involved the company forging customer signatures, moving money from millions of customer accounts to unauthorized accounts, and misusing customers’ sensitive […]

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Brussels Asks Europeans How to Regulate Bitcoin, Public Consultation Continues Into March

Brussels Asks Europeans How to Regulate Bitcoin, Public Consultation Continues Into MarchThe European Commission is gathering feedback from EU citizens, businesses, regulators and other interested parties to establish a regulatory framework for crypto assets and markets on a European level. The public consultation which started in December will continue until March 19, 2020, with the finalized proposal expected in the third quarter. Also read: Swiss Financial […]

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Fear Grips Stock Market Traders While Cryptocurrency Investors Become Greedy

Fear Grips Stock Market Traders While Cryptocurrency Investors Become GreedyThe clash of two emotions, fear and greed, is said to determine investors’ sentiment. This ratio draws a historical picture of the market and it’s also an indicator of its future state. As an established trend, traditional investments such as stocks and digital assets like cryptocurrencies often move in opposite directions. The beginning of 2020 […]

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China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic

China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of EpidemicChina’s stock market plunged Monday under selling pressure accumulated during a prolonged holiday. Investors have been worried by the coronavirus outbreak that’s already taken the lives of more than 360 people. Beijing authorities have responded by pumping well over a trillion yuan into the country’s economy and financial system. Also read: China’s Inflation Hits a […]

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Turkey Prepares to Increase Oversight in the Crypto Space

Turkey Prepares to Increase Oversight in the Crypto SpaceTurkish authorities, alarmed by the spread of cryptocurrencies in the country, are reportedly ramping up efforts to introduce greater oversight into the sector. Local media revealed that regulators are under pressure to increase supervision in 2020 because of the growing popularity of decentralized crypto assets among Turks. Also read: Uzbekistan Bans Citizens From Buying Crypto, […]

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Telegram Rejects SEC Request to Hand Over Bank Records for TON

Telegram Rejects SEC Request to Hand Over Bank Records for TONTelegram Group, the company behind the TON blockchain project, has reportedly refused to share information with the SEC showing how much it spent of the $1.7 billion raised from investors in the past couple of years and where. In a recent court filing, the securities regulator alleges that Telegram has declined to provide bank records […]

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Ticker Tool Uses the BCH Blockchain to Provide Reliable Rate Data

Ticker Tool Uses the BCH Blockchain to Provide Reliable Rate DataInstantly verifiable, unhackable and forever retrievable are some of the key features of information stored on a blockchain. These are also the characteristics that traders of various assets, commodities and currencies would appreciate when it comes to the price data they are using. The team behind the Blitz Ticker project have decided that’s exactly what […]

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Harsh Laws Make Bitcoin Holders Consider Renunciation or Dual Citizenship

Harsh Laws Make Bitcoin Holders Consider Renunciation or Dual CitizenshipAs digital currencies become a mainstay in society, a great number of governments have enforced strict tax guidelines, severe money transmission rules, and tough regulations. Because of a few nation-states’ harsh rules against cryptos, there are individuals who plan to renounce their citizenship in order to become stateless. Some people will also attempt to get […]

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Belarusian Bank Gets the Go-Ahead to Service Crypto Investors

Belarusian Bank to Service Crypto InvestorsA bank in Belarus has effectively gotten the green light to process transfers related to digital assets. DFS, an affiliated company of Belveb Banking Holding’s member VEB Technologies, was recently registered as a resident of the High Technologies Park. The country’s special economic zone has already become home to many crypto businesses. Also read: Bittrex […]

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Telegram Offers to Postpone Launch of the TON Network

Telegram Offers to Postpone the Launch of the TON NetworkTelegram, which was surprised with a last minute restraining order on the sale of its tokens in the U.S., is now ready to delay the launch of the TON network until the spring of next year. The company has informed the New York court reviewing the case that it can suspend all operations with grams […]

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Data Shows Institutional Interest in Bitcoin Has Diminished

Data Shows Institutional Interest in Bitcoin Has DiminishedLast spring and the beginning of summer 2019 saw digital asset markets spike considerably in value, and many speculators assumed the rise was due to institutional investors. However, BTC and a variety of other popular digital asset prices started plummeting in August. Reports now detail that institutional interest is waning and new data that analyzed […]

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SEC Imposes Multimillion Dollar Fine for Unregistered EOS Token Sale

SEC Imposes Multimillion Dollar Fines for Unregistered ICO and Stock TransactionsThe United States securities regulator has announced hefty fines for two crypto companies. The penalties have been imposed for EOS’ unregistered token sale and a fraudulent public offering. The Securities and Exchange Commission (SEC) intends to use some of the collected money to indemnify investors who suffered damages. Also read: SEC Commissioner Speaks Positively About […]

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CC Forum – Blockchain and AI Investment Forum

PR: CC Forum - Blockchain and AI Investment14-16 October 2019 will see one of the world’s major industry events. Following our highly successful inaugural edition in London last October as well as our the joint edition with the Maltese partners this May, the second edition of CC Forum London will connect global thought leaders, policy makers, investors and startups from across the world for a 3 day top content event. The summit will be attended by the industry leaders, think tanks, institutional and private investors, family offices and VC firms.

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PR: Bitmain’s Announces Highly Anticipated World Digital Mining Summit

PR: Bitmain’s Announces Highly Anticipated World Digital Mining SummitThe World Digital Mining Summit (WDMS) hosted by Bitmain – the world’s top 10 and China’s second largest fabless chipmaker – is set to return on 8-10 October in Frankfurt with a focus towards industry investment and innovation for the mining sector.

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Hong Kong Protest Leader Hopes to Incite Run on Chinese Banks

Hong Kong Protest Leader Hopes to Incite Run on Chinese BanksThe 11th week of protesting in Hong Kong has passed as the world has witnessed massive sit-ins at the national airport and demonstrations across several locations citywide. The 2019 anti-extradition bill protests have affected Hong Kong’s local economy, investors have dumped on the benchmark Hang Seng index, and now pro-independence activist, Chen Haotian, has called […]

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PR: Pbet IEO Launches on P2PB2B Exchange

PR: Pbet IEO Launches on P2PB2B ExchangeGreat news for aspiring crypto investors looking for a prospective token. Rising crypto gaming platform Pbet will finally launch its IEO on P2PB2B exchange today for its signature token Pbet that holds strong potential for excellent ROI in near future. PBET will launch its IEO on 2 additional exchanges during this month only.

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PR: Anxone Provides Multi-Layer Security For Crypto Storage

Anxone Provides Multi-Layer Security For Crypto StorageHacking is a front and center issue for digital asset exchanges. Especially given its worrying year-over-year increases, from US$152mn in 2016 to US$950mn in 2018. Our current year 2019 has already posted over US$1bn in lost assets due to hacking, which puts security as a paramount consideration for digital asset markets to continue growing and maturing.

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Buysellhodl Aggregates Price Predictions From Traders Like You

Buysellhodl Aggregates Price Predictions From Traders Like YouAny transitional period is characterized with uncertainty and crypto investors would appreciate to have some clues as to where the markets are going from here. Often the expectations of other traders are the best indicator. Buysellhodl is a platform that can give you predictions based on the opinions of people like you. Also read: Determine […]

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Keep Track of Important Crypto Events With Coindar

How to Follow Important Crypto Events With CoindarThe cryptocurrency space is abundant with events, from blockchain upgrades to platform launches and informal meetups. Coindar is a free calendar tool that helps crypto enthusiasts closely follow what’s happening in the industry and make better investment decisions. Also read: Track Rising Crypto Prices With Cryptowat.ch Online Calendar Tracks Coin-Related Developments Coindar is an online […]

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