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| Uber Cofounder Announces Eco Cryptocurrency Project It seems virtually every person and company aims to create their own cryptocurrency. While that is commendable, it also raises the question as to how viable all of these projects will be in the long run. The co-creator of Uber has officially announced the Eco cryptocurrency, although it remains to be seen ...
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| Cryptocurrency ransom demands popped up in recent cyberattacks One of the most common, and irritating, cyberattacks — the distributed-denial-of-service (or DDoS) — now has the potential to come with a twist of cryptocurrency mining. Security researchers with the internet services company Akamai have noticed something unusual as they've responded to a spate of ...
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| BOE's Carney Calls for Rules to End Cryptocurrency Anarchy Mark Carney is calling for greater regulation to bring the era of cryptocurrency "anarchy" to an end. "The time has come to hold the crypto-asset ecosystem to the same standards as the rest of the financial system," the Bank of England governor said Friday in a speech at Bloomberg's European ...
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| Young South Koreans Invested in Cryptocurrency For Hope, Lost Nearly Half of Their Money Over the past six months, the vast majority of South Korea's youth and millennials have invested thousands of dollars in the cryptocurrency market, with hopes to make big returns in the short-term. However, the massive market correction that occurred in January led most of the investments of South ...
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| Is a cryptocurrency banking service coming to a country near you? According to a report earlier this week by CoinTelegraph Deutsch, blockchain-based payment service provider Bitwala announced that it aims to become the first to launch a cryptocurrency-based banking service. Bitwala has already submitted an application with the German Federal Financial ...
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Japan's cryptocurrency exchanges to set up self-regulatory body TOKYO: Japan's 16 government-registered cryptocurrency exchanges will set up a self-regulatory body to bolster trust in an industry rocked by a $530 million digital money heist in January. The body will later invite other cryptocurrency exchanges whose applications for registration with the government ...
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| LocalCoinSwap: a Community Focused Cryptocurrency Exchange As the interest in cryptocurrency trading continues to grow, many exchanges find themselves unable to cover the huge influx of new users. On top of that, fraud and recent hacks make many traders leery of using the available centralized exchanges. LocalCoinSwap offers traders a secure, decentralized ...
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| Hoping to Raise Real Cash, Marshall Islands Creates Virtual Money The tiny Marshall Islands is creating its own digital currency in order to raise some hard cash to pay bills and boost the economy. The Pacific island nation said it became the first country in the world to recognize a cryptocurrency as its legal tender when it passed a law this week to create the digital ...
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| The Crypto Revolution Quickens as Liechtenstein's Bank Frick Allows Cryptocurrency Investments Chief Client Officer Hubert Büchel shares in the press release, "Our services are in demand from companies across the whole of Europe." Büchel ensures people interested in cryptocurrency investing are accepted by a reliable source such as their bank. It's a bold move to encourage, not only the private ...
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| The Buzz 2: The Bitcoin Bill Wyoming has already seen a number of cryptocurrency "miners" move in. Cryptocurrency miners, who use arrays of parallel processing computers to perform complex calculations to "mine" a bitcoin, have been attracted to the state due for its cheap electricity and low costs to cool their equipment thanks ...
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