CFTC Says Bitcoin Trader Who Lost $1.1M Will Serve 15 Months in Jail

The Commodity Futures Trading Commission (CFTC) revealed that a former employee of Consolidated Trading will serve 15 months in jail and pay $1.1 million for Bitcoin fraud. Employer Tipped Off Authorities According to sources including US regulator the Commodity Futures Trading Commission (CFTC) and a social media commentator citing “people close” to the matter, Joseph Kim […]

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Bitcoin and Litecoin Now Accepted at This New Jersey Italian Restaurant

A New Jersey-based Italian restaurant is allowing customers to pay using popular cryptocurrencies – Bitcoin and Litecoin. The establishment situated in Pompton Lakes say the move could help make the business more popular among the younger generation who are most likely to embrace virtual currency payment options. Attracting a Younger Clientele With Bitcoin Monica’s Restaurant […]

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Expect More Crypto Hedge Funds To Close in 2018… But Not For Why You Think.

In a recent tweet thread, Anthony “Pomp” Pompliano, co-founder of Multicoin Capital, outlines why many of crypto hedge funds might be closing their doors in 2018. Most people would expect that the bear market and the prices would be the number one reason why most hedge funds are closing up shop. While this is certainly a […]

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Lamassu Unveils New Line of Bitcoin, Cryptocurrency ATMs

On September 24th, Lamassu announced the introduction of their new line of cryptocurrency ATMs to the public. Lamassu calls its new line of ATMs, “Sintra.” The ATMs herald a new line of ATMs as another crucial step in crypto’s march towards widespread consumer use and accessibility.  Growing Industry According to CoinATMrader.com, there are currently roughly […]

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In Argentina, Investors Flock to Safe-Haven Bitcoin

The economic crisis in Argentina is driving investors to buy Bitcoin in order to protect their wealth, pushing the cryptocurrency’s price higher in-turn. In parallel, to satisfy the increasing demand, the first of 12 Bitcoin ATMs has already begun to operate in a Buenos Aires mall. The number of stores accepting Bitcoin also continues to […]

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The Future of Cryptocurrency ATMs has Arrived

The market demand for cryptocurrency ATMs has grown rapidly. Cryptocurrency owners need ATMs to quickly exchange and spend their invested cash when they need to, and the competition between cryptocurrency ATM providers is heating up. Cryptocurrency ATMs: The Stats The number of Bitcoin ATMs quadrupled across 2017 according to Statista and is still rising. The […]

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You Can Now Use The Lightning Network To Buy (Virtually) Anything

Cryptocurrency cellphone top-up company Bitrefill has announced it will start selling gift vouchers for Amazon and other brands — effectively opening up Bitcoin Lightning Network payments to almost any item.  Lightning ‘Comes’ to Amazon, Uber, and More In a press release on July 19, Bitrefill — which became one of the first cryptocurrency businesses to […]

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Bitcoin Buyers May Now Use VISA & MasterCard Credit/Debit Cards Worldwide via Abra

Abra, a financial services and technology company operating an all-in-one cryptocurrency wallet and exchange app, has announced the ability to now buy bitcoin with VISA or MasterCard credit cards or debit cards from anywhere in the world. Purchases may be made on abra.com or via the Abra app.  Buy Bitcoin on Credit Abra users may now buy […]

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‘Precursor of Price Going Up’: Tether Grants Another $250M in USDT Tokens

Controversial stablecoin Tether (USDT) has issued $250 million dollars worth of tokens — which Litecoin creator Charlie Lee sees as a bullish sign.   ‘Precursor of Price Going Up’ Tether has issued 250 million tokens (worth US$250) on June 25, according to Omni explorer. This follows its previous grant issued on May 18 of another $250 […]

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Hack Bytecoin for $557: New Findings Reveal Cost Of 51% Attacks

Wilma Woo · May 29, 2018 · 7:30 am A new resource claims to have calculated “accurate” costs for launching a 51% attack against some of the largest cryptocurrencies. Hack Bytecoin for $557 51Crypto, which includes in its listings Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Monero, states the cost of a one-hour 51% attack, along […]

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