U.S. cryptocurrency investor Michael Terpin has filed a $224 million lawsuit against telecommunications company AT&T, Reuters reported earlier. Terpin is accusing the company of fraud and gross negligence in connection with the theft of digital currency tokens from his personal account. Terpin alleged that on January 7, 2018, the tokens were stolen from him through…
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FX broker eToro has announced that it has just added IOTA, bringing the total number of cryptoassets available on the platform to 12. IOTA aims to enable companies to explore and open up new business to business marketing opportunities by making every technological resource a potential service to be traded on an open market in…
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China has outdid every country in the world when it comes to cryptocurrency regulation and control. However, the country is taking the crypto craze in its own hands and is now working to create its very own government-backed alt coin. While the project is yet to be implemented and the launch of an actual coin…
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Robert Kiyosaki wrote one of the world's best-selling finance books, called "Rich Dad, Poor Dad". The author has now spoken about the value of cryptocurrencies and why they can be hedging tools for the next financial crisis that will hit the world economy. Kiyosaki takes a firm stand against fiat money and the fact that…
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Shyft, a blockchain-based solution that is building a trusted ecosystem to enable secure and private data transfers, has announced its first group of companies that have signed an expression of interest to become Trust Anchors, including EnStream, BDO, Paysafe Group Plc (LON:PAYS), Polymath, and Aion, with more than one billion data points across key sectors…
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Venezuela is struggling very hard at the moment, experiencing both economic and political meltdowns. Amidst a crisis that is "living" among Venezuelans in so many ways, including their daily and social lives, the Venezuelan government has introduced its second official cryptocurrency, in addition to the bolivar fuerte, the petro - an oil-backed cryptocurrency. While Venezuela…
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Archax, the upcoming institutional-grade crypto exchange, has announced that it has partnered with Custom House Global Fund Services to perform Know Your Customer (KYC) and Anti Money Laundering (AML) checks on firms and professional investors wishing to join and trade on the Archax exchange. These checks will also be performed on all entities wishing to…
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Cloud and blockchain company Xunlei this week announced its financial results for the second quarter of 2018. The company made nearly US $66 million in revenue, an over 70% year-on-year increase. Xunlei attributes its solid performance thus far to having diversified its business offerings in recent years, especially around cloud and blockchain solutions. Originally known…
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The Financial Markets Authority (FMA) has just issued a warning against a bitcoin broker called USI-Tech. USI-Tech Website: https://usitech-int.com/ Reason for warning: USI-Tech is not registered on the Financial Service Providers Register to provide financial services in New Zealand. FMA considers that the operations of the entity bear the hallmarks of a scam, therefore strongly…
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SharesPost, a provider of liquidity solutions to the private growth asset class, has announced that Huobi, China’s largest cryptocurrency and blockchain token exchange and second largest worldwide, has joined the Global Liquidity and Settlement System network (GLASS). When GLASS becomes operational, Huobi will be able to settle secondary trades of digital securities by U.S. investors…
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