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Two first-time cryptocurrency investors shared their stories with The National on Wednesday, which illustrate that Bitcoin indeed isn’t the get-rich-quick scheme many people mistakenly believe. ‘ … What I Made, I Then Lost’ First up is a Pakistani investor named Mohammed, who first invested in the Bitcoin market in December 2017. Mohammed told The National: I invested $10,000, made 30 percent and sold a week later. Then I put the whole $13,000 in again a few days later. Mohammed then took out his money when the steep correction began in…

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More than 3 million graphics cards have been sold to cryptocurrency miners in 2017, with sales reaching $776 million, a new report revealed. According to a major manufacturer, prices of GPUs will continue to increase in 2018, despite expectations of decreasing demand in the mining sector.   Also read: AMD Increases GPU Production to Match Crypto Mining Demand Rising Mining Costs to Slow Down Demand Over three million Graphics Processing Units (GPUs) have been sold to cryptocurrency miners last year, Jon Peddie Research announced in its latest report. The total…

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Goldman Sachs-backed startup Circle made waves earlier this week when it acquired cryptocurrency exchange Poloniex. A couple of experts share their thoughts on the implications for the soon-to-be first compliant US crypto exchange and its customers. Most Crypto Exchanges ‘Over-Regulate Themselves’ As the dust settles on Circle’s acquisition of Poloniex, U.S. regulators are keeping a close eye on KYC/AML compliance of cryptocurrency exchanges. Joseph Weinberg, OECD Think Tank Special Advisor and Chairman of Shyft, a blockchain protocol that will create a new standard for the KYC/AML mandates, shared his comments…

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Police in Malaysia have arrested 9 individuals that were involved in the theft of Bitcoin mining machines, amounting to over $250,000 USD. Those that engage in the world of cryptocurrency have increasingly become the targets of criminals. The usual case of criminal mischief is of a person buying or selling virtual currency being robbed of the cash they’re carrying. Now it appears that Bitcoin mining equipment is no longer safe. Police in Malaysia have just arrested 9 people who were involved in the organized stealing of such equipment. A Lot…

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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. SINGAPORE – The advent of blockchain technology is provoking a revolution of the Internet of Value. In the blockchain world, Ethereum, NEO, EOS and other blockchain-based computing platforms exploit land to run applications. On this land, a variety of application chain of different functions spring…

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Forget the debate about whether bitcoin is a store of value or a currency. What everyone can agree upon is that it is a store of drama. And where there is drama in bitcoin over the last couple of years, Australian computer guru Craig Wright is often in the thick of it. Filed on Valentine’s Day and released yesterday, Mr. Wright is being sued for upwards of 5 billion dollars by the estate of his former business partner, now deceased David Kleiman. At issue are hundreds of thousands of bitcoin,…

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Go Help Fund provides a faster and smarter way to donate and raise funds, allowing to facilitate change far more effectively. We live in a time when the world is facing its worst humanitarian crisis since the end of World War II that have serious impacts at national, regional and international levels – Poverty, natural disasters, violation of human rights, terrorism. There is an increase in frequency, complexity, and severity of natural and man-made disasters globally. Given humanitarian needs far outstrips funding for life-saving aid, fundraising is becoming an increasingly…

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Have you ever been in an airport, train station or shopping center and thought to yourself, “I could really go for a nap right about now?” Soon, you’ll be able to do just that, and more, thanks to AirPod — a revolutionary new space to temporarily call your own. Privacy in Public The AirPod Sleeping Pod is a private capsule-like unit designed to be installed in public spaces – such as airports, hotels, train & bus stations, and shopping centers – and is the perfect solution for people looking to take…

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You may be able to find rapper 50 Cent in the club with a bottle full of bub’, and he may have what you need — just as long as what you need isn’t Bitcoin. Disappointing fans of both rap and digital currency everywhere, it turns out that Curtis James Jackson III — commonly known by his rap handle 50 Cent — isn’t a Bitcoin millionaire after all. Or so he claims. As was originally reported by TMZ, 50 Cent was one of the first rappers to accept the dominant digital…

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Another major Thai bank is reportedly terminating transactions involving cryptocurrencies through the bank accounts of a local crypto exchange. This decision follows a similar move by another major Thai bank, Bangkok Bank, to terminate the same exchange’s bank accounts. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Second Bank Closes Account of Crypto Exchange A major Thai financial institution, the state-owned Krungthai Bank, has “shut down crypto trade accounts,” the Bangkok Post reported on Monday. The bank has become the second in Thailand “to terminate transactions involving cryptocurrencies trading…

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