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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. A new cryptocurrency has recently become available. It is called RECO, which stands for “reference line coin”. It is the first cryptocurrency that offers the ability to send the recipient an encrypted reference line when making transactions. “This is unique and new,” says Christian Kassler,…

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Typically when people think of bitcoin mining operations they look to countries like Iceland and mainland China. However, most people do not know that the small country of Georgia, a region of Eurasia, is ranked the second most profitable area in the world for cryptocurrency mining just below China. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Cryptocurrency Miners Are Flocking to the Small Country of Georgia The country of Georgia is well-known for its wine, but these days the region has also become known…

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We might get a rare chance to take a glimpse behind the curtains as a legal dispute shapes up between Zhao Changpeng, the founder of Binance, and a unit of Sequoia Capital. The parties are arguing over a funding deal which has supposedly gone awry.   Founded less than 10 months ago, Binance has grown to become the world’s largest cryptocurrency exchange by measure of its 24-hour trade volume. The platform’s meteoric rise has become the crown jewel story of crypto-related growth over the past year. However, Binance has been…

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Have you heard? Bitcoin is back — and with it, altcoins have been surging. But what’s driving the renewed bullish sentiment? The Storm is Over As of Wednesday morning, things are looking healthy in the greater cryptocurrency market. At the time of this writing, Bitcoin is currently holding above the $9000 level, while the majority of altcoins — which all enjoyed significant run-ups over the past couple of weeks — are finally experiencing a much-needed and healthy correction. So, what’s driving the renewed faith in Bitcoin and its trail of…

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Ethereum’s smart contract bugs just keep on coming. Exchanges including Okex, Poloniex, Coinone, and Hitbtc today suspended deposits of ERC20 tokens following the discovery of a batch overflow bug written into the smart contracts governing numerous coins. The news comes in the same week that the ethereum community voted against restoring the lost ether that was locked up in the Parity smart contract bug last year. Also read: Report Claims 34,000 Ethereum Smart Contracts Are Vulnerable to Bugs Ethereum Tokens Battle a Nasty Bug Creating an ethereum token that is free…

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Binance has launched a new feature that allows users to convert crypto dust into BNB tokens. Changpeng Zhao (CZ), the Binance CEO made this known via a tweet on April 23, 2018. What is Crypto Dust? Crypto dust refers to a fractional cryptocurrency value. It is usually impossible to trade crypto dust due to the fact that they are less than the transaction fees. Being lower than the minimum trading limit, it usually sits idle in user wallets. Hence, the term “crypto dust.” This new feature released by Binance will…

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Private security firms in Moscow are offering a new service – protection for people buying and selling cryptocurrency for cash. The companies have also expressed readiness to help investigate crypto-related crimes. Police are still reluctant to work on such cases, as cryptocurrencies are not yet regulated in Russia. Also read: Chinese Merchants in Moscow Convert Most of Their Cash to Crypto Bitcoin Worth Millions Snatched By Crypto Crooks Several security companies in the Russian capital are now offering protection services to people trading cryptocurrencies offline. Deals often take place right…

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Will a 6% drop in bitcoin price hamper the current rally which has produced a 35% gain since March 3rd? Highlights April continues to amaze but after an impressive rally, Bitcoin and other majors showed signs of bearish exhaustion as the market became overbought after topping out at $9,767 today. Daily Chart As predicted BTC met stiff resistance near the 200-day MA ($9800) and while today’s pullback is mildly disconcerting, the longterm set up for BTC remains positive.  4 HR Chart The underlying bullish trend remains intact as BTC continues…

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A week-long vote in the Ethereum community has been held in regards to whether or not developers should implement a patch which would restore a disabled contract and unfreeze 587 wallets holding 513,774.16 ETH — currently worth roughly $318,000,000 USD. After much debate, the results are in, and the noes have it. Deep Freeze As a bit of background, the Parity multisig library was hacked to the tune of 150,000 ETH in July 2017. Afterward, it relaunched with a new vulnerability, which was exploited in November 2017 by a user…

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Sequoia Capital, a venture capital firm headquartered in Menlo Park, California is suing the Chinese founder of the cryptocurrency exchange Binance, Changpeng Zhao (better known as CZ). The American VC fund reportedly accuses CZ of allegedly negotiating with another firm while he signed an exclusivity agreement with Sequoia. Also Read: Bitcoin in Brief Wednesday: Crypto Leakers, Hackers and Rappers Fast Moving Target According to Hong Kong court filings from March 26 and April 24, CZ and Sequoia started talking about terms for a possible investment by the fund in Binance…

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