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The class action lawsuit against Bitcoin.com and Roger Ver that gained traction last week is being shut down due to a low donation amount, according to one of the founders of the suit. The 0.39 BTC donated is set to be refunded to those who contributed. Selling ‘Bitcoin Core’ Bitcoin.com made waves last month when they changed “Bitcoin” to “Bitcoin Core” and “Bitcoin Cash” to “Bitcoin” on the block explorer found and elsewhere on the website. CEO Roger Ver is a very outspoken proponent of Bitcoin Cash and argues that…

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After Reddit removed Bitcoin Core (BTC) as a form of payment for premium membership services this past March, the company seems to be planning to reinstate the digital asset soon. On Thursday, May 3 in an interview with Cheddar, the company’s chief technology officer (CTO), Chris Slowe, revealed it will be adding BTC again and more cryptocurrencies as well. Also read: Telegram Rakes in Over $1.5 Billion, Ditches ICO for an Open Network & Token Reddit CTO Says Cryptocurrency Payments Will Return to the Social MediaPlatform In an interview with the…

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Coinbase, the cryptocurrency exchange giant, reports that it is operating as a profitable business, valuing itself at about $8 billion USD. Coinbase Is Paying for its Expansion in Crypto Assets Coinbase continues full steam ahead with its strategy of business expansion by hiring and acquiring start-ups. In April 2018, Coinbase acquired Earn.com for about $100 million. It was during the negotiations for this acquisition deal that San Francisco-based exchange valued itself at about $8 Billion USD. This amount includes Coinbase common shares, according to Recode. An official valuation of the…

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Viber may be treated like Telegram if security services are not able to obtain its encryption keys, Russia’s telecom minister said. The app offers end-to-end encryption, and is the most popular messenger in several Eastern European countries. Recently, its CEO, Michael Shmilov, said the company would not be able to hand over the keys. Also read: Six Alternatives to Telegram for Cryptocurrency Communities “Can’t Give What We Don’t Have” Russian authorities may try to block Viber if the Federal Security Service (FSB) does not gain access to its encryption keys,…

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This week there’s a lot going on within the Bitcoin Cash (BCH) ecosystem as markets have been on fire and infrastructure continues to grow. Over the past six months, the price of BCH is up over 139 percent, and the price has jumped 13 percent higher over the last seven days. At the moment the value of BCH hovers just above the $1,500 USD price region, and traders have been swapping over $1.2Bn worth of bitcoin cash over the last 24-hours. Also Read: Australia Cracks Down on Misleading and Deceptive Initial…

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So you’ve recently heard about a place called the Deep Web, and the underground darknet markets (DNM) that reside there offering narcotics like cannabis online. Using these websites and the wares these markets sell may be illegal in your country, so learning to take the necessary precautions before visiting a DNM is an absolute must. Educating yourself on the basics of operations security (Opsec) is a great idea before exploring the depths of DNMs found on the invisible web. Also read: Six Alternatives to Telegram for Cryptocurrency Communities Learn the Very…

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They say that everyone has at least one brilliant idea; it’s just that most people never do anything with it. It’s one thing to have a eureka moment, but implementing it requires time, effort, and capital. Thanks to the advent of ICOs, at least one of those problems has now been solved. Almost half of this year’s crypto projects launched their ICO with little more than a white paper and an idea. Also read: Telegram Rakes in Over $1.5 Billion, Ditches ICO for an Open Network & Token Crowdfund First, Code…

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Two titans in the blockchain industry — NAGA and Ontology — have just teamed up to change the way the world does business. Here’s everything you need to know. Joining Forces In an exciting announcement today, two major players in the cryptocurrency space — NAGA and Ontology — have formed a long-term strategic partnership in an effort to effect “significant and powerful change” in the way business is conducted. Together, the two projects aim to bring high-performance public blockchains to the gigantic financial-technology (fintech) market, along with a series of…

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Hearing about the whopping figures that bitcoin exchanges are bringing in, one might be led to believe that all businesses in the field are making money hand over fist. Latest figures from Square, however, show that is not necessarily the case. At least not in the short term. Also Read: Bitcoin Is Not Used by Organized Crime Says Hong Kong Government SQ Reports Strong Q1 Square Inc (NYSE:SQ), the developer of the mobile payment app Square Cash, has posted its financial results for the first quarter of 2018 on Wednesday,…

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Wall Street investment bank Goldman Sachs has appeared to confirm it will offer Bitcoin trading. Goldman Exec: Bitcoin ‘Is Not A Fraud’ Speaking to the New York Times May 2, Goldman executive Rana Yared said that after being “inundated” by client requests, the bank had decided that Bitcoin “is not a fraud.” “It resonates with us when a client says, ‘I want to hold Bitcoin or Bitcoin futures because I think it is an alternate store of value,’” she told the publication. While details remain sketchy, direct buying and selling…

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