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| Hackers steal as much as 10 percent of new cryptocurrency funds The decentralized nature of cryptocurrencies and their underlying blockchain technologies offer advantages over traditional funding and transactional platforms, but they are a boon for hackers, too. A new report on the initial coin offerings (ICO) of new cryptocurrencies claims that as much as 10 percent ...
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| Blockchain and cryptocurrency may soon underpin cloud storage Through blockchain, Roberto Galoppini sees an opportunity to kill two birds with one stone: His organization, FileZilla, can offer users free online data storage while also allowing them to earn valuable cryptocurrency. Galoppini, director of strategy for FileZilla, the popular, open-source FTP client, said his ...
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| It's Impossible to Invest in Bitcoin, Analyst Says According to Bernstein analyst Inigo Fraser-Jenkins, it is nearly impossible to determine an accurate valuation for bitcoin, which makes the cryptocurrency an extremely risky investment. Fraser-Jenkins also says arguments that bitcoin and cryptocurrencies should be considered a new asset class are ...
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| First Cryptocurrency Freight Deal Takes Russian Wheat to Turkey The venture is developing its own cryptocurrency and plans to raise funds for it in mid-2018, he said. While accepting payment in Bitcoin comes with its challenges due to market volatility, there are now futures on exchanges such as that run by CME Group Inc. that would allow hedging to take place, ...
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| Bitcoin price plummets as South Korea bans anonymous trading of cryptocurrency Bitcoin is trading close to its lowest level in three-months as South Korea banned the trading of the cryptocurrency from anonymous bank accounts. The new rules, which come into effect on January 30, will also stop foreigners without local bank accounts and children under 19 from buying Bitcoin, the ...
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| South Korean Card Companies Block Transactions to Overseas Cryptocurrency Exchanges South Korean Cards Block Transactions to Overseas Cryptocurrency Exchanges The association explained that "eight domestic credit card companies are in the process of suspending credit / check card transactions so that they [users] cannot buy virtual currency at overseas virtual currency exchanges ...
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| SEC to scrutinize public companies getting overnight bitcoin makeovers to cash in on ... The U.S. Securities and Exchange Commission today pledged to aggressively scrutinize publicly-traded companies that suddenly change their name or their business model to try to profit from the nutty hype surrounding cryptocurrency. SEC Chairman Jay Clayton threw this wet towel on the blockchain ...
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| Nvidia Tries to Limit GPU Sales to Cryptocurrency Miners After years of enjoying the increased demand from cryptocurrency mining, GPU manufacturers have begun to signal they might not be too thrilled about miners overcrowding the market. Nvidia has requested retailers to take some measures to try and ensure its produces get into the hands of gamers, not ...
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| Why Is Cryptocurrency So Popular? Three Entrance Avenues The cryptocurrency market has undergone significant growth in 2017–2018. The macroeconomic trends fueling this growth can be found here. Why are individuals so interested in the emerging cryptocurrency market? If you developed an interest in the cryptocurrency space in 2017, I would wager some ...
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