Category: cryptocurrencies

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Ex-IOTA Dev Threatens Foundation Director With Legal Action Over $8 Million

A co-founder and former lead developer of IOTA has threatened the project’s co-founder and IOTA Foundation director David Sønstebø with a lawsuit. A co-founder and former lead developer of the decentralized network IOTA, Sergey Ivancheglo, has IOTA Foundation director David Sønstebø with a lawsuit over 25 million MIOTA (over $8.5 million). Ivancheglo announced that he…
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Tron Founder Justin Sun Finally Met With Warren Buffett for Charity Lunch

Tron founder and CEO Justin Sun has finally had a charity lunch with Berkshire Hathaway chairman and billionaire Warren Buffett after a series of delays last year. Tron founder and CEO Justin Sun has finally had his charity lunch with Berkshire Hathaway chairman and famous billionaire Warren Buffett after a series of delays last year.…
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Unknown Number of Major League Baseball Players Lured into Crypto Ponzi Scheme

Former pro baseball players and senior citizens are among the victims of a crypto ponzi scheme that defrauded people of at least $7.5 million. Two men have been charged over an alleged crypto trading Ponzi scheme lured investors, including professional baseball players, with social media posts boasting about their luxurious lifestyles. On January 30, the…
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Bitcoin Achieves Major Milestone With Half a Billion Transactions Confirmed

The Bitcoin blockchain has passed a milestone 500 million transactions confirmed. The Bitcoin network has surpassed 500 million transactions since going live over 11 years ago.  According to blockchain analytics site Statoshi, there have been half a billion transactions on the Bitcoin blockchain as of press time.  Source: Statoshi Crypto firm Casa CTO Jameson Lopp,…
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Bitcoin Hedge Argument Growing Stronger With Time, Says Pomp

Morgan Creek Digital’s Anthony Pompliano sees Bitcoin cementing its position as a global hedge as time passes. Anthony Pompliano, Co-Founder of digital asset management company Morgan Creek Digital, said his view of Bitcoin (BTC) as a global hedge has solidified over time.  “I think it’s always been part of the conversation,” Pompliano told Cointelegraph in…
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Binance Adds Support for Instant Crypto Purchases With Russian Ruble

Crypto exchange Binance has enabled instant purchases of four major digital currencies with the Russian ruble. Binance, the second-largest crypto exchange by daily trading volume, has enabled instant purchases of four major digital currencies with the Russian ruble. The development allows Binance users to link their Visa banking card and purchase Bitcoin (BTC), Ether (ETH),…
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Crypto Companies Adopt Features Similar to Banks (Only Better) to Drive Growth

Cryptocurrency companies adopt features similar to legacy finance, offering better benefits to users. But will this help in the end? Cryptocurrency exchange Deribit recently published an analysis explaining that cryptocurrency companies are racing to adopt financial services known from legacy finance.  The post points out that all crypto companies, exchanges included, will soon offer users…
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Binance Launchpad Reveals WazirX Sale Results

Binance Launchpad announced the results of the first token sale of the year, WazirX. Binance Launchpad, as the name suggests, is Binance’s token launch platform, which has just announced WazirX’s token sale results. It is the first token sale of this year.   According to a Feb. 4 press release from Binance, there were 10,000 winning…
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Winklevoss’ Crypto Exchange Gemini Partners with TradingView

Gemini, a crypto exchange founded by Tyler and Cameron Winklevoss, has added integration with major crypto charting service TradingView. Gemini, a cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has integrated popular trading chart analysis service TradingView. According to a TradingView’s announcement on Feb. 4, Gemini has added the trading service as a trading partner,…
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Bitspark Shuts Down Amid Restructuring, Coronavirus and Protests

Hong Kong-based blockchain remittance startup Bitspark has abruptly announced its closure, citing internal restructuring issues. Hong Kong-based blockchain remittance startup Bitspark has abruptly announced its closure, citing internal restructuring issues. On Feb. 3, Bitspark co-founder and CEO George Harrap officially announced the platform’s plans to shut down its services on March 4, 2020. According to…
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