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Monthly Archives: August 2020

LINE App Token LINK is Now Available for Trading on BitMax

LINE app’s native token LINK (LN) is now available for trading on crypto exchange BitMax. This makes LN the sixth crypto asset currently supported by the exchange, including Bitcoin (BTC), Ethereum (ETH), XRP, Bitcoin Cash (BCH), and Litecoin (LTC). The LN token was issued in 2018 as an incentive for […]

August 10, 2020

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The Number of Women in Crypto is Skyrocketing

Recent reports show an unprecedented increase in the number of women involved in the crypto market, some exchanges see a 160% surge. According to recent CoinMarketCap report, the number of women in the cryptocurrency industry increased by 43.24% in the first quarter of 2020. A study published in December by […]

August 10, 2020

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Steve Wozniak Sues YouTube for Promoting Bitcoin Giveaway Scam

Apple co-founder Steve Wozniak and 17 other plaintiffs have sued Youtube and its parent company Google for promoting bitcoin giveaway scams.  Wozniak claimes that Youtube has allowed scammers to use his name and likeness to promote a fraudulent bitcoin giveaway for months. Moreover, according to the Apple co-founder, the two […]

August 9, 2020

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UK Football Club Suffered Significant Ransomware Attack

English Football League club has suffered a significant ransomware attack where attackers asked for 400 bitcoins in ransom, which are worth $3.8 million. As a result of the attack the CCTV and turnstiles at the ground were unable to operate, almost leading to a fixture cancellation. The UK football club […]

August 9, 2020

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Ledger Wallet Manufacturer Suffers Massive Data Breach

Crypto hardware wallet manufacturer Ledger has experienced a data breach in which email addresses and other data of 1 million customers were stolen. The attack occurred on June 25, but the Ledger team was made aware of the incident on July 14 when a researcher participating in Ledger’s bounty program […]

August 9, 2020

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Bitfinex Offers $400 Million in Reward for Catching Hacker

Bitfinex has announced that it’s giving out up to $400 million in reward if any individual can connect them to the hacker that stole 119,755 BTC worth $.344 billion from the platform four years ago. The announcement came four years after the hack took place on August 2, 2016. The […]

August 9, 2020

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Cameron Winklevoss Calls US Dollar Funny Money

Gemini exchange co-founder Cameron Winklevoss belives that the US dollar has become such funny money that politicians are now “trillions of dollars apart” in stimulus negotiations. “The US dollar has become such funny money that politicians are now “trillions of dollars apart” in stimulus negotiations. Remember when a billion was […]

August 9, 2020

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Russia’s Sberbank to Launch Stablecoin

Sberbank, Russia’s biggest consumer bank, is preparing to launch a stablecoin. The “Sbercoin” will be equal to a fixed amount of Russian Ruble, and it will be used for digital financial asset settlements.  Russia’s latest digital currency law, which recognizes cryptocurrencies as a legitimate asset in Russia, has paved the […]

August 9, 2020

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Millennials Invest in Bitcoin, while Older Investors Trust in Gold

Older generations invest in gold, while millennials are flocking to bitcoin, according to a note from JPMorgan this week. “The two cohorts show divergence in their preference for ‘alternative’ currencies,” a team of analysts led by Nikolaos Panigirtzoglou wrote. Millennials prefer to invest in tech-related stocks, while the older investors are […]

August 6, 2020

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Two Vendors Charged with Trafficking Bitcoin-purchased Drugs

Two Costa Rican residents were charged for illegally selling opioids worth $270 million on the darknet. David Brian Pate along with Costa Rican pharmacist Jose Luis Hou were involved in drug-dealing worth 23,903 Bitcoin (BTC) — approximately $270 million on darknet. They sold the drugs on various darknet markets including […]

August 5, 2020

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