A recent report made it known that a South Korea Based crypto exchange, Pure Bit has disappeared with its trader’s funds and about 13,000 ETH received during its ICO. Pure Bit Deleted All Pages The report made it known that the exchange has not only deleted its website, it has also deleted all its social…
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Based on a recent report, a Swiss-based fintech firm, X8 is now certified to launch its own digital currency. The company received this certification from Islamic scholars in the Middle East. The certification has been described as a proof of its business being Sharia-compliance. The company is set to launch in the Middle East. X8…
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Begging family, friends and strangers to crowdfund your project can be time-consuming and demotivating. What if your “great idea” could be brought to fruition in a self-sustaining network of virtuous donors who not only provide you with funding in cryptocurrency but also good karma? But unlike the intangible karma from your yoga class—an ephemeral concept…
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In its bid to increase its market shares in the Canadian crypto mining industry, a Canadian based blockchain company, DMG announced that it now has the capacity to generate of about 60 megawatts (MW) of electricity from its 85MW substation, situated in western Canada. The company made it known that the power from this substation…
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With the need to protect one’s data and private information rapidly increasing, various ways to achieve this are being explored and developed on a regular basis. This need to protect data at all cost stems from the fact that people are quite tired of large centralized corporations harvesting their private information for profit. One way…
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A recent report made it known that Upbit, one of the largest South Korean cryptocurrency exchange has expanded its operations to Thailand and Indonesia. The report made it known that the exchange Upbit is marketing its services to these two regions in each one’s local dialects. This move by the exchange has been described as…
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A previous report made it known that the Ethereum Constantinople upgrade which was originally scheduled to take place in November has been shifted to next year. In light of this, two dates are currently being considered for the implementation of this upgrade. Minutes from the Ethereum Core Developer Meeting At a recent Ethereum core developer…
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Gabor Gurbacs, the director of Digital Assets Strategy at VanEck, has strongly advised the Securities and Exchange Commission (SEC) not to rule against the bitcoin ETF it currently has under review. The reason he gave was that approving the ETF would give the SEC an opportunity to regulate the crypto market. SEC rejects Nine Bitcoin…
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A previously reported court trial of an incident involving, a Swedish man, a London based blockchain company—Cryptopay and a letter bomb has come to an end with the sentencing of the mail bomb sender. The mail bomb sender has been identified to be a 43-year old Swedish man named Jermu Michael Salonen. Salonen Sent a…
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Poloniex a popular crypto exchange has recently announced that users of its platform can now trade the BCH network pre-hard fork tokens— BCHABC and BCHSV, pending the Bitcoin Cash network hard fork. Poloniex Offers Pre-Fork Trading With other exchanges and wallet suspending support for BCH till the hard fork is over, Poloniex has taken a…
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