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Cryptocurrency startup Prodeum pulls an exit scam, leaves a penis behind Another day, another scam. A cryptocurrency startup called Prodeum – which promised to "revolutionise the fruit and vegetable industry" by putting it on the Ethereum blockchain – has seemingly pulled a good ol' exit scam, leaving its duped ICO investors with one word only: "penis." Things first started ...
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Japan Just Started a Major Crypto Crackdown After Coincheck Hack Japan has taken a proactive approach to cryptocurrency regulation. The regulatory agency started mandating that all exchanges register with the government last April. Since then, 16 exchanges have registered, while a further 16 including Coincheck have yet to receive clearance. Because Coincheck ...
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Bitcoin and cryptocurrencies – what digital money really means for our future In theory, almost anything that can be done with a computer could, in some way, be rebuilt on a cryptocurrency-based platform. Building a cryptocurrency involves turning a worldwide network of computers into a decentralised platform for data storage and processing – in effect, a giant hive-mind PC (that ...
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Bitcoin Price Drops 4% as Cryptocurrency Market Struggles in Recovery The bitcoin price has dropped by 4 percent earlier today, on January 29, as the entire cryptocurrency market struggled to recover from its previous corrections. Other major cryptocurrencies like Ethereum, Cardano, and Stellar have also fallen by small margins, in the 3 to 5 percent region.
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