Category: cryptocurrencies

Charlie Lee admits his ambition to work with Monero in a series of tweets he posted yesterday, claiming that Litecoin’s liquidity would be a good fit for Monero’s anonymity and fungibility. Monero (XMR) creator Riccardo Spagni and Litecoin (LTC) creator Charlie Lee would appear to be taking tentative baby steps in potentially bringing their two coins closer. Spagni posted the following tweet yesterday, which first bandied the idea of a possible merger between the two cryptocurrencies: Such a productive few days, finally got to sit down with @SatoshiLite and talk…

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The credit card company crypto squeeze continued this week with Discover Card announcing it would not allow its customers to use their card on cryptocurrency exchanges. It’s the latest in a string of credit card purveyors to block access. Also read: Tezos Swiss Foundation Concept is “Old, Inflexible and Stupid” Discover Card Removes Doubt: No Crypto Discover CEO David Nelms, 56, told Jennifer Surane, “It’s crooks that are trying to get money out of China or wherever. Or if someone steals our credit card numbers they’re going to ask for payments…

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A bill has been submitted to the Russian parliament to make the country’s national “cryptocurrency,” the cryptoruble, legal tender in Russia. This bill was introduced as the finance ministry published a different bill for the regulation of cryptocurrencies and initial coin offerings in Russia. Also read: Russia Finalizes Federal Law on Cryptocurrency Regulation Cryptoruble as Legal Tender A draft law has been submitted to the State Duma by Parliament member Rizvan Kurbanov to introduce “the national cryptocurrency, cryptoruble, as an official means of payment in Russia,” RT reported. The publication elaborated: The…

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Legendary currency trader, hedge fund titan, philanthropist George Soros, 87, delivered his yearly talk at The World Economic Forum 2018 in Davos, Switzerland. At the end of his remarks, an audience question asked the mogul his thoughts on cryptocurrencies generally and bitcoin in particular. Also read: Tezos Swiss Foundation Concept is “Old, Inflexible and Stupid” George Soros Believes Bitcoin’s Bubble is Maintained by Dictators A balding moderator chose to read from an audience question. He asked Mr. Soros,  “Somebody says, ‘You’re a currency speculator. What do you think of cryptocurrencies? Is…

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A new extortion scheme has caught the attention of the FBI in which a Bitcoin scam is undertaken through an emailed death threat. There are lots of ways that crooks try to extort money from their victims via the internet. Some of their tricks of the trade include sending infected emails or remote hacking. However, a new extortion attempt is proving to be downright scary and has attracted the attention of the FBI. Basically, the extortion attempt is a Bitcoin scam in which the victim is threatened with murder unless…

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Recently launched cryptocurrency service platform, Cobinhood, has announced that it has suffered a termination of services from its banking partners. In order to continue operating, the exchange announced on its homepage that it will replace USD trading pairs with USDT pairs during the coming week. Also Read: Vouching Bitfinex and Tether’s Bank Accounts Hold Nearly $3 Billion USD Cobinhood to Adopt Tether in Response to Banking Woes Taiwanese-based cryptocurrency service platform, Cobinhood, recently announced that its banking partners had suspended their services to the company. The exchange claims that it “had…

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The Ho Chi Minh City Customs Department has revealed that in the first 3 weeks of this month almost 8,000 mining rigs were imported into the city. This number exceeds the entire count of mining rigs imported into Vietnam last year. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations Nearly 8000 Mining Rigs Imported in 23 Days The Ho Chi Minh City (HMC) Customs Department has revealed the number of mining rigs imported during the first three weeks of January. Nguyen Thanh Tuyen, the customs department’s…

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This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. AidCoin to revoluzionize charitable giving by making the non-profit sector more transparent. AidCoin just announced the success of its token sale raising a total hard of 14,333 ETH ($16.5 million USD at the time of close) in minutes with hundreds of contributors unable to participate.…

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YouTube viewers are upset that their computers are being used for cryptocurrency mining due to YouTube ads being hijacked with Coinhive. While the value of cryptocurrencies continues to fluctuate, the desire for people to mine them hasn’t abated at all. In fact, many individuals look for additional ways to enhance their cryptocurrency mining. One option that many have turned to is the notorious Coinhive code that is often embedded in websites. Now it’s shown up in YouTube ads as users of the video streaming platform are complaining of having their…

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It was, by any reckoning, a huge haul. Between $400 million and $534 million dollars of NEM stolen, depending on whether you go on its value at the time or once the market had reacted to the news. At a press conference on Friday afternoon, the stunned Coincheck team painted forlorn figures as they came to terms with being on the receiving end of the greatest heist of all time. In the inevitable post-mortem, questions have been raised about the security practices of the Japanese exchange. Also read: Coincheck Halts Operations…

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