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Author: Bitcoinist

GIFcoin Moon-Bound as Stage Three of Their Token Sale Sells Out

GIFcoin continues to sell out at each stage of their ICO, proving that the public is more than ready to be a part of their profit-sharing revolution. There’s no denying that online gambling has a strong allure. Having the chance to earn some money from the comfort of your couch? Who would say no to that? It’s also a great way to relax, which is part of the reason that it’s a billion-dollar industry.  In

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Bithumb to Issue Own Coin – ‘BITHUMB Coin’

Binance has its own coin, KuCoin has its own coin, — and soon, Bithumb, the South Korean exchange, will be joining the club. BITHUMB Coin Bithumb, one of South Korea’s major cryptocurrency exchanges, is planning on issuing its own in-house cryptocurrency, called BITHUMB Coin. BITHUMB Coin’s initial coin offering (ICO), however, can not take place in the exchange’s home country of South Korea, since the East Asian nation banned the controversial fundraising method last year.

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Are Bitcoin, Ethereum, and Cardano ‘Leaving the Station?’

The bulls are back in town as a sea of green engulfs cryptocurrency portfolios everywhere — but is it too late to catch the wave of Bitcoin, Ethereum, and Cardano? All Aboard! Bitcoin is currently trading at $8,234.14, up 14.63 percent over the last week. As is generally the case, the rest of the cryptocurrency market has followed Bitcoin’s lead. Ethereum (ETH) is up 20.93 percent over the same time span, while Ripple (XRP) is up 35.03

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‘It’s a Very Good Time to Buy’ Bitcoin, Says Pantera Capital CEO

Feeling bullish over the latest Bitcoin price action? According to one cryptocurrency hedge fund manager, you should be. ‘It’s a Very Good Time to Buy’ Dan Morehead, CEO of San Francisco-based blockchain investment firm Pantera Capital, says the bottom is in for Bitcoin and the dark days of the bear market are likely in our rearview mirrors. Morehead explained to CNBC‘s “Fast Money” that Bitcoin, the dominant cryptocurrency by market capitalization, has been growing at a

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Russia: Telegram Ban Failure Shows Banning Bitcoin is Impossible

Amid chaos and mass complaints, the Russian government may have to “ban Bitcoin” in order to successfully ban Telegram. Telegram Shrugs Off Failed Censorship The ‘solution’ to the seemingly impossible task of stopping Russian users accessing the encrypted messenger app underscores the crude reality of censoring global (and decentralized) networks. That’s according to social media commentators both inside and outside Russia, who are responding to the country’s telecommunications regulator Roskomnadzor’s failure to actually block Telegram

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Thinking About Starting Your Own Online Casino? It’s Easier than You Think

Have you ever had dreams about starting your own online casino just like in Casino Royale? You may have even looked into it in the past but may have been put off by the online casino industry. Don’t worry, you’re not alone! Many in the past have tried to open their own online casino, only to run into stumbling block after stumbling block. There are several reasons why it is so difficult for the average

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$50 Million ICO Savedroid Scam Artist Posts Selfie While Fleeing Country [MAJOR UPDATE]

Savedroid founder Dr. Yassin Hankir publicly announced his own $50 million exit scam on Twitter by posting a selfie of himself at the airport and a beach resort, along with the message “Thanks guys! Over and out …” [MAJOR UPDATE]: Dr. Yassin Hankir has posted a video, declaring that the entire incident was a PR stunt to show how vulnerable investors are to ICO scams. He calls for greater regulation in order to protect investors from

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Kraken CEO: We Won’t Give Info To ‘Audacious’ New York Regulators

The CEO and co-founder of cryptocurrency exchange Kraken defended the company’s refusal to comply with a regulatory “questionnaire” sent by New York lawmakers. Kraken Rails Against Attorney General’s ‘Disrespect’ In comments, which contrasted with the other 12 exchanges targeted by New York Attorney General Eric T. Schneiderman’s “Virtual Markets Integrity Initiative,” Jesse Powell said Kraken would not hand over any information about its business. When it launched the Initiative April 17, Schneiderman’s office explained it

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Barclays Considering Bitcoin Trading Desk

Barclays Plc, a British multinational investment bank and financial services company headquartered in London, has a fairly long history of putting down Bitcoin. Now, the financial institution looks to be changing its tune as it begins gauging its clients’ interest in a potential cryptocurrency trading desk. Asking Around Barclays is the second major investment bank interested in potentially trading cryptocurrencies, following behind New York City-based investment giant Goldman Sachs Group Inc. According to a report from Bloomberg, which

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Amazon May Soon Accept Bitcoin (And Sell the Data to Law Enforcement)

Amazon Technologies, Inc. – a subsidiary of American electronic commerce and cloud computing giant Amazon.com, Inc. – has won a patent for a marketplace that offers data feeds. More important, the patented marketplace includes bitcoin transactions. Patent Approved The U.S. Patent and Trademark Office has approved Amazon Technologies’ filing for a patent on a streaming data marketplace. The patent in question was originally filed in September 2014 and makes reference to bitcoin transactions twice. As noted

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Pretty Much Everyone in the UK Has Heard of Bitcoin

Bitcoin may still be a long way from its past peak, but public awareness of the leading cryptocurrency is at an all-time high – especially in England. What, You’ve Never Heard of Bitcoin? Finding someone who’s never heard of Bitcoin is quite the rarity these days. 93 percent of people in the United Kingdom have now heard of the formative cryptocurrency — up 2 percent from January 2018 and up 13 percent from November 2017.

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How Icon (ICX) and Others Skirt South Korean Restrictions

Six months ago, South Korea — one of the largest cryptocurrency markets in the world — banned the issuance of new cryptocurrencies. However, that hasn’t stopped South Korean blockchain entrepreneurs from circumventing the country’s restrictions by launching Initial Coin Offerings (ICOs) overseas. Chased Out In September, the cryptocurrency hotspot of South Korea officially banned Initial Coin Offerings (ICOs) within its borders. Some blockchain companies, however, are skirting such restrictions by issuing their coins and tokens abroad.

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