Crypto (Page 2)

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A special agent with the U.S. Drug Enforcement Administration (DEA) has reportedly revealed that the use of bitcoin in illegal activities has shrunk to about 10 percent from 90 percent previously. This finding contradicts the popular perception of the cryptocurrency’s primary use. Also read: Yahoo! Japan Confirms Entrance Into the CryptoContinue Reading

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<img width=”696″ height=”696″ src=”https://www.madcashcentral.com/wp-content/uploads/2018/08/shutterstock_242602588-768×768.jpg” alt=””People’s Money” Crypto to ‘Take Out’ Fiat “Scam” – Rich Dad, Poor Dad Author” srcset=”https://www.madcashcentral.com/wp-content/uploads/2018/08/shutterstock_242602588-768×768.jpg 768w, https://news.bitcoin.com/wp-content/uploads/2018/08/shutterstock_242602588-150×150.jpg 150w, https://news.bitcoin.com/wp-content/uploads/2018/08/shutterstock_242602588-300×300.jpg 300w, https://news.bitcoin.com/wp-content/uploads/2018/08/shutterstock_242602588-1024×1024.jpg 1024w, https://news.bitcoin.com/wp-content/uploads/2018/08/shutterstock_242602588-696×696.jpg 696w, https://news.bitcoin.com/wp-content/uploads/2018/08/shutterstock_242602588-1392×1392.jpg 1392w, https://news.bitcoin.com/wp-content/uploads/2018/08/shutterstock_242602588-1068×1068.jpg 1068w, https://news.bitcoin.com/wp-content/uploads/2018/08/shutterstock_242602588-420×420.jpg 420w, https://news.bitcoin.com/wp-content/uploads/2018/08/shutterstock_242602588.jpg 1600w” sizes=”(max-width: 696px) 100vw, 696px”>The author of the best-selling book ‘Rich Dad, Poor Dad’, RobertContinue Reading

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According to a survey conducted among finance professionals, ‘crowd psychology’ is the main factor determining the movements of bitcoin market prices. More than half of the polled experts shared this opinion. Many of the individuals surveyed also expressed concerns about the issue with crypto custody, saying that the way cryptocurrency is storedContinue Reading

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According to the head of Iran’s Blockchain Association, over 500 BTC belonging to Iranians were confiscated by the U.S. government last year, and the number is still rising. He explains that Iranians are unable to take action through proper channels from within their country due to Iran’s legal status ofContinue Reading

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Eastern European nations have been following closely regulatory developments in the West to better understand where the wind is blowing before addressing the challenges presented by cryptocurrencies. This strategy has proved fruitless, however, as developed western countries, and international organizations, have not been able to come up with a unifiedContinue Reading

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A framework has been developed for the G20 countries to “monitor the financial stability implications of crypto-assets markets.” The Financial Stability Board says cryptocurrencies “do not pose a material risk to global financial stability” but supports their “vigilant monitoring.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space G20’s CryptoContinue Reading

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Bitcoin adoption continues to grow rapidly worldwide. This adoption roundup features four merchants that recently started accepting the digital currency – a boutique hotel in Spain, parking lots, an electrical supply store, and online courses in Japan. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Parking Lots Park RealtyContinue Reading

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South Korean Samsung Electronics saw its operating profits surge in the first quarter of this year compared to the previous year. The company attributes the increase to its semiconductor division which manufactures bitcoin mining chips and says that it expects the trend to continue into the second quarter. Also read: Yahoo!Continue Reading

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Derivatives trading platform provider Plus500 posted a 284% increase in revenues in the first quarter of this year compared to the previous year, largely due to high levels of interest in its cryptocurrency CFDs offerings. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Triple Digit Rise On Tuesday, contractsContinue Reading

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The president of Venezuela, Nicolas Maduro, has announced the end of the pre-sale for the Petro, the country’s “cryptocurrency”. He claims it has raised the equivalent of over 3 billion dollars. Maduro has also certified 16 crypto exchanges he hopes will start listing his country’s new currency. Also read: Yahoo! JapanContinue Reading

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A Chinese household has been stealing electricity to mine bitcoin using 50 mobile phones and 15 improvised mining rigs. The home workshop has consumed almost 33,000 kWh of unbilled electricity. That should be enough for a couple of bitcoins, but using a smartphone for the job is not really anContinue Reading

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A “Bitcoin store” has opened doors in Croatia. It sells bitcoin and other cryptocurrencies, and even issues receipts. The shop is a welcome addition to the steadily growing crypto sector in the Balkan country. The team behind the project plans to expand to all major Croatian cities and even otherContinue Reading

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A South Korean cryptocurrency exchange said it suffered an internal system error which affected withdrawals. The exchange claimed that users were able to withdraw five times the number of coins they requested. It is asking for the coins back, and will seek civil liabilities and damages from users who doContinue Reading

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Almost two thirds of British people would not support a cryptocurrency issued by their central bank, according to a survey. Pollsters also found that the majority of Britons have already heard of bitcoin, however, a third of the respondents admitted they would be more likely to invest in cryptocurrencies ifContinue Reading