The SEC has just filed an emergency action against a $6 million Ponzi scheme that targets seniors and small business owners. The SEC has obtained a temporary restraining order and freeze of asset filing against Neil Burkholz of Boca Raton, and Frank Bianco of Pembroke Pines, Florida. The two individuals targeted and defrauded at least 55…
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The current crypto trading environment is often compared to the “Wild, Wild West” conditions of the retail forex industry in the nineties. Regulatory oversight was nowhere to be seen, and fraud ran rampant, especially when dealing with overseas forex brokers. In the crypto-verse, however, unregulated exchanges have lost billions of dollars to professional hacking groups,…
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If institutions, government officials, and businesses are ever to feel comfortable with the world of cryptos, there need to be crypto support firms that provide the tools to get at the level of information that is readily transparent for those who know how to maneuver on these revolutionary roads. Chainalysis is one of the leaders…
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The cryptocurrency businesses in the US are going to see their lives made easier. This is thanks to the crypto-friendly banking service provider Cashaa - a company that is launching USD accounts for businesses involved in cryptocurrency transactions. The USD bank accounts will be provided in partnership with Metropolitan Commercial Bank. Cryptocurrency businesses will be…
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The cryptocurrency regulation in the UK is one step closer to becoming clearer. Today, the UK Jurisdiction Taskforce of Tech Nation's Lawtech Delivery Panel has announced its legal statement on the treatment of cryptocurrency assets and smart contracts under Welsh and English law. The statement is addressing the legal uncertainty that surrounds cryptocurrency assets. Judging…
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Blockchain has seen a lot of development since 2009. The technology has disrupted almost any field and every sector. Now, the very first blockchain ticket has been created. The innovative solution for the air flight industry comes from the German airline operator Hahn Air. The company is using the open-source travel distribution provider Winding Tree,…
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The crypto community is grudgingly adjusting to a new measurement metric, one that many critics have demanded for some time, but, perhaps, not in its present form. There has always been a problem in the way that volumes are reported and aggregated by large data collection firms like CoinMarketCap.com (CMC). This particular aggregator is also…
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With one master stroke, it seems that Paris has suddenly become a “player” in the blockchain industry in Europe. A group of like-minded startups have pooled resources and set up the largest blockchain incubator of its kind in Europe. Known as “The Garage”, this new incubator setup, per a report from NewsBTC, “aims to enhance…
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In nearly every forecast of where jobs will proliferate over the next two decades, the top line performer is always IT software programming related. It makes abundant sense. We live in an electronic age that is innovating faster than ever before, and it takes raw IT talent to develop, implement, and make everything work. Within…
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Occasionally, there are success stories that sound too good to be true, especially when the story involves a “pioneer” that risked treading where all before had feared to even try. In this case, we have Silvergate Bank, a unique financial institution based in San Diego, California, whose executive team consciously decided to serve the underserved…
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