Jeffrey Burns is a lawyer and cryptocurrency millionaire, whose company, Blockchains LLC just bought a huge piece of land in the Nevada desert for $70 million. The plan of Mr. Burns includes the construction of a new blockchain-powered futuristic city. While the purchase happened this year, Mr. Burns has already engaged top architecture companies to…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Cryptobourse. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to scam…
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Phore Blockchain, a blockchain platform and ecosystem focused on real-world use, has just announced that it's digital asset Phore (PHR) will be listed for trading on the high-security Ternion Exchange upon its launch on Nov. 15. The PHR listing will go live on the exchange with a PHR/Bitcoin pairing followed by a PHR/USD fiat pairing…
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Coinsource, the Bitcoin ATM network, has announced that it was granted a virtual currency license in the state of New York. With approximately 40 physical kiosks in the state, the Fort Worth based company becomes the first Bitcoin ATM operator to be granted a New York virtual currency license, and only the twelfth company overall.…
Read moreThe cryptocurrency assets under management have increased from around $680 million in January 2017 to almost $7 billion in recent months, shows a research by Morgan Stanley. The boom of cryptocurrency assets under management has soared to such high levels mainly because of heavy support and investments from venture capital firms, private equity and hedge…
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The Hong Kong Securities and Futures Commission (SFC) has issued a statement setting out a new approach which aims to bring virtual asset portfolio managers and distributors of virtual asset funds under its regulatory net. It also sets out a conceptual framework for the potential regulation of virtual asset trading platforms. In light of the…
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The Financial Markets Authority (FMA) has just issued a warning against a scam company called Cryptogain. Cryptogain Website: www.cryptogainlimited.com Email: [email protected] Reason for warning: The regulator recommends exercising caution before dealing with the website www.cryptogainlimited.com as it has the characteristics of a scam, including using the name of a New Zealand registered entity without the…
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Decentralized Vision, the blockchain company that developed PumaPay PullPayment Protocol, has just announced that version 2.0 of the PullPayment Protocol solution is on Mainnet, enabling seamless cryptocurrency transactions between merchants and customers with advanced billing options. With version 2.0, PumaPay’s payments solution brings recurring payments on the Ethereum network, allowing merchants to implement ultimate blockchain-based…
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Technology investor, entrepreneur, and cryptocurrency commentator Arianna Simpson has joined the Advisory Board of cryptocurrency exchange LXDX, the company announced Tuesday. Arianna Simpson is well known throughout the blockchain and investment space, frequently speaking on related topics and contributing to publications like The New York Times, Business Insider, and The Wall Street Journal. Simpson is…
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Hacking cryptocurrency exchanges and crypto accounts are two of the biggest issues related to digital coins. Governments around the world are citing these as top priorities to consider when introducing a digital coin or developing a stable coin. But it is interesting to note that more than half of all hacked cryptos end up in…
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