The alleged operators of the $722 million BitClub Network Ponzi scheme have requested their release from a New Jersey jail amid concerns over the coronavirus. Two alleged crypto Ponzi scheme operators have requested that a New Jersey federal court grant their release from jail over concerns that the facility will soon host a COVID-19 outbreak.…
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While March 2020 has been one of the most volatile and unprofitable months for Bitcoin holders, exchanges profited greatly from this uncertainty. While March 2020 has been one of the most volatile and unprofitable months for Bitcoin holders, exchanges have benefited greatly from this uncertainty. March 12 selloff spike in volume The main source of…
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The $3 million investment in India’s largest crypto exchange comes from firms like Bain Capital, Polychain, and HDR Group. A recent funding round has just added quite a bit to an Indian crypto exchange’s coffers. Mumbai-based exchange CoinCDX announced on March 24 it had received $3 million in new funding. The Series A round was…
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A rebound for gold follows Bitcoin’s successes as the U.S. central bank starts stating it has “infinite cash.” Bitcoin (BTC) and gold showed clear signs of strength on March 24 as the United States Federal Reserve revealed the true extent of its money printing. Having cleared $6,000 on Monday, BTC/USD went on to hold ground…
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An open-source project will look to provide up to $25,000 in prizes to fund blockchain startups. Open-source project Celo is calling on blockchain innovators to participate in CeloCamp, an entrepreneurial initiative that seeks to highlight the potential of global financial inclusion, mass adoption of digital money and the acceleration of blockchain startups. With its new…
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The U.S. CFTC joins the list of global authorities warning the public against crypto scammers trying to capitalize on the widespread coronavirus fears. United States derivatives markets regulator, the Commodity Futures Trading Commission (CFTC), has joined the list of global authorities warning the public against cryptocurrency scammers trying to capitalize on the widespread coronavirus fears.…
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Bitcoin price rallied to $6,600 as traditional markets withered, now traders will focus on flipping $6,400 from resistance to support. Bitcoin (BTC) price perked up today, rallying from $5,688 to a daily high at $6,600. The digital asset defied the worst fears of analysts by holding above the $5,400 support and currently Bitcoin continues to…
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Democrats in the U.S. House of Representatives look to a digital dollar to distribute stimulus payments in at least one version of the COVID-19 response bill. Amid contentious debate over the massive stimulus package in response to the coronavirus pandemic, Democrats in the United States House of Representatives look to implement the digital dollar to…
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Disclaimer: The text below is a press release that was not written by Cryptonews.com. ______ In an effort to continuously create a reliable trading environment for users to conduct their businesses, popular crypto exchange Remitano will be offering a 50% refund on fees for all slow transactions. Transaction speed is a critical factor when conducting…
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Personal data of over 172 million users of Chinese social media platform Weibo is for sale on dark web and it’s priced in Bitcoin. Chinese social media giant saw a massive data breach result in data of millions of users available for sale on the dark web. According to a March 19 report from Chinese…
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