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Author: Bitcoinist

5 Arrested in $1 Million Bitcoin Strong Arm Robbery Conspiracy

The Forsyth County Sheriff’s Deputies have arrested five individuals charged in connection with an alleged home-invasion conspiracy to steal nearly $1 million in Bitcoin.  Residential Strong Arm Robbery They say that crime never pays. For five men in Georgia, that was certainly the case. As reported by 11 Alive, the Forsyth County Sheriff’s Office arrested five men in connection with a conspiracy to invade a Forsyth County home in the hopes of making off with

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Cryptocurrency Personality Crypto Crow Gets TV Series on CBS

Last Monday, GlobeNewswire reported that popular cryptocurrency personality Jason Appleton – better known as Crypto Crow – has just signed a contract with the CBS television network that will have 13-episode cryptocurrency based show shown on their network. Cryptocurrency shows are expected to hit some American TVs within the next 2 months. Let me say that again, a cryptocurrency show is set to premiere on American TVs in the very near future. Jason Appleton, better

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Goldman Sachs VP Leaves To Pursue Cryptocurrency Fortune

Former Goldman Sachs banker Chris Matta quit the famous multinational investment bank and financial services company only days after earning a promotion to the position of vice president – and he did it for the sake of cryptocurrency. ‘I Saw it as a Calculated Risk’ It’s safe to say that most people wouldn’t bail on their career after climbing the Wall Street ladder and making vice president at the most profitable securities firm in history –

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Nvidia Expects 2/3 Decrease in Sales to Crypto Miners in The Next Quarter

Nvidia announced that they had a successful 1st quarter in terms of sales, in part due to the fact that cryptocurrency-related sales boosted their revenues by 10%. Despite the good news, Nvidia expects that the sales generated by cryptocurrency enthusiasts will decrease by over ⅔ over the 2nd quarter, which ends in 2 months. Nvidia’s Growing Business: Did Crypto Sales Help? Nvidia’s Thursday release of their Q1 financial reports has shown that their revenues have

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2018’s Bear Market Hasn’t Dissuaded New Cryptocurrency Investors in South Africa

While plenty of individuals around the world undoubtedly got scared off after buying at all-time highs and subsequently watching the value of their cryptocurrency holdings take a nosedive, one recent survey in South Africa suggests the negative consequences of early 2018’s bear market haven’t dissuaded the uninitiated from testing the waters.  Still Interested South Africans who have yet to invest in cryptocurrency are still planning on investing in the young market, according to the MyBroadband

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Assassination Attempt Foiled: Greek Law Enforcement Thwart Plot to Kill Suspected Cryptocurrency Criminal, Alexander Vinnik

Law enforcement officials in Greece have reportedly prevented an assassination attempt on Alexander Vinnik. The Russian National, Vinnik was arrested while holidaying in Greece in 2017 on charges of crypto fraud and money laundering. Both the United States and Russia have laid claims against the suspected hacker. Details of the Assassination Attempt According to media reports, law enforcement agencies in the country received credible intelligence of a plot to eliminate Vinnik via poisoning. In response,

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Where Can A Masters Degree in Crypto Take You in 2018?

One of the more striking elements of the cryptocurrency ecosystem is how young the industry is. If we take the launch of the Bitcoin protocol as the beginnings of this industry, which was in 2009, then this space has not yet even reached its 10th-year milestone. Whereas, traditional and aged industries, such as IT and finance, have existed for decades. A Masters Degree In Crypto Avenues for breaking into traditional industries have long been established

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Ripple Announces Positive First Pilot Results for xRapid

Ripple, a real-time gross settlement system, currency exchange, and remittance network, has announced the results of its first pilot for xRapid — the company’s business solution for payment providers and financial institutions looking to expand their reaches into new markets with increased scale, speed, and cost efficiency.  Promising Results In its push to modernize financial services infrastructure via high-powered blockchain-powered solutions, improve the speed and cost of cross-border payments, lower barriers to financial inclusion, and

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These 3 ICOs Have Huge Potential in 2018

Looking to put your money to work for you with some promising investments into Initial Coin Offerings? Here are three ICOs launching in 2018 that could help you do just that. Origin The first Initial Coin Offering you will want to pay close attention to is Origin. Origin is a protocol which utilizes the Ethereum blockchain and IPFS for the creation of sharing-economy marketplaces. In essence, it affords both developers and businesses the ability to

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Supreme Court of India Strikes Out Injunction Against RBI Crypto Ban

The Indian Supreme Court has struck out an interim injunction against the crypto ban of the Reserve Bank of India (RBI). The RBI banned banks and other financial institutions from facilitating cryptocurrency trades in the country. In response, a coalition of petitioners, comprised of four crypto exchange platforms and other startups, have gone to court, challenging the RBI’s directive. Legal Battle Is Far from Over The decision by the Supreme Court is the not the

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Tim Draper: Bitcoin is ‘The Most Secure Place to Put Your Money’

Tim Draper, an American venture capital investor and founder of the firm now known as Draper Fisher Jurvetson (DJF), took the time to wax thoroughly poetic on Bitcoin on Thursday — telling the hosts of CNBC‘s “Closing Bell” that the world’s most popular cryptocurrency is “the best place to put your money.” ‘It is a Far Better Currency Than the Fiat Currency’ In case you didn’t know, Tim Draper loves Bitcoin. Like, he really loves

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Certified German Bank Transfers Loans with Bitcoin, Subverts SWIFT

One online bank in Germany is now using bitcoins for loan transfers.  Subverting SWIFT Founded by German Radoslav Albrecht, Bitbond is an online bank which now affords its customers the ability to transfer loans internationally — specifically, by using Bitcoin. The platform uses Bitcoin and other cryptocurrencies to subvert SWIFT — the self-proclaimed world’s leading provider of secure financial messaging services — by lending money around the world instantly and at virtually no cost. Albrecht explained to

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