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Author: Crypto Coins News

Confirmed: Yahoo Japan is Buying 40% Stake in Cryptocurrency Exchange

Yahoo Japan is set to buy a minority stake in Tokyo-based cryptocurrency exchange BitARG with services primed for launch later this year. In significant news out of Japan on Friday, a domestic subsidiary of tech giant Yahoo Japan will be acquiring 40% of Tokyo-based cryptocurrency exchange BitARG, paving the entry for the tech giant to … Continued

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Football Legend Luís Figo is the Newest Athlete to Promote an ICO

Legendary football star Luís Figo has become the latest athlete to turn initial coin offering (ICO) promoter. The Portuguese footballer — winner of both the 2000 Ballon d’Or and the 2001 FIFA World Player of the Year awards — has signed on to serve as brand ambassador for Stryking Entertainment, whose platform, Football-Stars, seeks to … Continued

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Indian Exchange Coinsecure Claims Insider Job in $3 Million Bitcoin Theft

Indian bitcoin exchange Coinsecure has disclosed a theft of 438 bitcoins, valued at over  $3 million at press time, from its wallet in what is the country’s biggest cryptocurrency theft to date. Delhi-based cryptocurrency exchange Coinsecure has accused its own CSO of stealing the coins from the company’s wallet in an FIR (First Information Report) … Continued

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Bitcoin Unexpectedly Maintains its 13% Gain, Remains Above $7,800 as Market Strengthens

Bitcoin, the most dominant cryptocurrency in the global market, recorded a 15.94 percent increase in value, from $6,900 to $8,000. The price of the cryptocurrency rose by $1,100 within a 30-minute window, as massive buy volumes emerged. Strong Momentum Some reports suggested that bitcoin had processed the most amount of trades within a one-hour period

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Cybersecurity Report: Cryptojacking Remains an Acute Threat in 2018

Cybercrime ran rampant last year, and the cryptocurrency market was no exception, as evidenced by hacks involving bitcoin ransoms and the pervasive use of cryptojacking. Cryptojacking involves using someone’s CPUs to secretly mine cryptocurrency without that person’s permission. And according to a report by the UK’s National Crime Agency (NCA) and the National Cyber Security Centre (NCSC)

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Russian Police Crackdown on Illegal Cryptocurrency Mining Farm

Police in Russia have developed a case against two organizers of a cryptocurrency mining farm in Orenburg, according to Irina Volk of the Ministry of the Interior of the Russian Federation, RIA56, a Russian news source, reported. More than 6,000 pieces of computer equipment were discovered at the former plant of the RTI which police

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Future Gains! Bitcoin Has Bottomed Out, Says Pantera Capital in a Bold Call

Now’s the time to get long bitcoin, a leading cryptocurrency hedge fund says. Not only is bitcoin out of the doldrums, but it’s onward and upward from here. This according to Pantera Capital Management, a cryptocurrency hedge fund with $800 million-plus in assets under management, in a letter to investors cited on Bloomberg. “For those who

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XRP ‘100 Percent Not a Security,’ Ripple Claims

Fintech startup Ripple is pushing back against claims that its cryptocurrency, XRP, is a security under US regulations. The XRP token — which functions as the native currency of the San Francisco-based company’s public Ripple Consensus Ledger (RCL) and the foundation for several of the firm’s blockchain products — is currently the third-largest cryptocurrency, with

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Islamic Scholar Says Bitcoin is Compliant With Sharia Law as Price Surges

A recent declaration by an Islamic scholar that Bitcoin is compliant with Sharia law could be the cause behind today’s $1000 price surge, opening the market to Muslim investors who were previously unsure if the cryptocurrency qualified as money under the strict definitions outlined by scholars. Muslims account for 23% of the world’s population, with

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Santander Uses Ripple, Launches First Banking Blockchain Retail Payments App

Spanish banking giant Banco Santander has announced the launch of its international payments app for retail customers in four countries using xCurrent, Ripple’s blockchain technology. Santander is laying claim as the “first bank to roll out a blockchain-based international payments service to retail customers in multiple countries simultaneously” with the launch of One Pay FX,

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Former JPMorgan Trader Goes Bullish: ‘Bitcoin is the Play at the Moment’

Danny Masters, a commodities trader turned CoinShares chairman, has been a bitcoin believer since 2014, having recognized early the top cryptocurrency’s use cases as both a disrupter of gold and fiat money. Masters, who in a former life led the energy trading desk at JPMorgan and whose funds are having a “strong year this year,” told CNBC bitcoin

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Cryptocurrency Market Cap Clips $300 Billion as Bear Trap Liquidates Shorts

The cryptocurrency market cap briefly clipped the $300 billion mark on Thursday, a phenomenon that occurred as the result of an apparent bear trap in the Bitcoin futures markets. Fueled by a dramatic Bitcoin price rally, the cryptocurrency market cap surged by more than $30 billion, peaking at $301.8 billion before settling back down to

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