Category: cryptocurrencies

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Victim of Alleged Ponzi Scheme Receives Death Threats From OneCoin Fans

A victim of the alleged crypto pyramid scheme OneCoin is receiving threats of death and violence after speaking out against the scam project. Glasgow-based Jen McAdam claims supporters of the alleged OneCoin pyramid scheme are sending her death threats, mainly through Facebook. Death threats reported to the police On Oct. 14, the BBC wrote that…
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BitGo to Provide Institutional-Grade Custody and Wallets for Tron

Digital asset financial services firm BitGo announces that it will provide institutional-grade custody and wallets for Tron starting on Nov. 8. Digital asset financial services firm BitGo has announced that it will provide institutional-grade custody and wallets for Tron (TRX) starting on Nov. 8. According to the official announcement published on Oct. 14, BitGo has…
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Libra Association Holds Inaugural Meeting, Forms Board

The Libra Association has formed a five-member board and set ground rules for its governance today at a meeting in Switzerland. The Libra Association, the governing body of Facebook’s proposed stablecoin, held its inaugural meeting today in Geneva, Switzerland.  According to a report from Reuters on Oct. 14, the consortium reaffirmed their interest in creating…
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Europol: Crypto-Ransomware Remains Most Prominent Cyber Attack

Europol released its 2019 Internet Organized Crime Threat Assessment report, which shows that crypto-ransomware remains a top threat. The European Union Agency for Law Enforcement Cooperation (Europol) released its 2019 Internet Organized Crime Threat Assessment (IOCTA) report. Crypto exchanges continue to be a magnet for hackers On Oct. 9, Europol presented its IOCTA report of…
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Booking Holdings Leaves Facebook’s Libra Association

Leading online travel company Booking Holdings has ditched the Libra Association, a non-profit Facebook established to pursue the promotion of its Libra stablecoin. Leading online travel company Booking Holdings has ditched the Libra Association, the governing consortium of Facebook’s proposed Libra stablecoin. Booking Holdings has thus become the latest in an array of companies that…
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N. Korean Hackers’ New MacOS Malware Hides Behind Fake Crypto Firm

The notorious North Korean hackers known as the Lazarus APT Group have created another malware targeting Apple Macs and cryptocurrency users. The notorious North Korean hackers known as the Lazarus APT Group have created another malware targeting Apple Macs that masquerades behind a fake cryptocurrency firm. Apple Mac security specialist and principal security researcher at…
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Gold and Blockchain: A Budding Financial Romance at the Perfect Time

A renewed demand for gold amid shaky money and bond markets is perfect timing for blockchain to bring transparency to holding and trading. If you’ve been following Peter Schiff for his prediction of the 2008 financial collapse or strictly because of his affinity for gold, then you’re probably aware that he is not a fan…
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Bitcoin Price: Sudden Sunday Drop Has Analysts Eyeing $7.8K Support

A test of resilience for Bitcoin price now revolves around an area with $7,400 as its bottom, one market analyst suggests. Bitcoin price (BTC) returned to sideways trading on Oct. 14 after a sudden dip on Sunday evening saw markets lose 2% in minutes. Cryptocurrency market daily overview. Source: Coin360 Bitcoin claws back lost ground…
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Sudden Cyworld Shutdown Puts Clink Crypto Investors at Risk: Report

South Korean social media platform Cyworld has shut down operations prompting concerns about the future of its Clink cryptocurrency. South Korea’s Cyworld social media platform shuttered its services on Oct. 1 without giving any prior notice, English-language local media The Korea Times reported on Oct. 14. What’s more, the website for its Clink (CKCT) crypto-asset…
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Crypto IRS Audits: Hire Professionals or Do it Yourself?

The IRS is hunting crypto user identities. If you are audited, should you hire a professional or do it yourself? Do it yourself or outsource it? Rightly or wrongly, most people seem to fear the IRS, and an IRS audit can be daunting, even if it is entirely by correspondence. Most considerations are arguably the…
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