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Nasdaq-Listed “Blockchain” Companies Hit With New Legal Troubles

Markets and Prices Adding “Blockchain” to the name of their firms have proved to be very beneficial to the top management of publicly listed companies over the past year. However, this tactic also attracted negative attention from regulators, and now two Nasdaq firms are facing additional troubles. Also Read: Robinhood Starts Rolling Out Cry

Pump and Dump in Crypto: Cases, Measures, Warnings

The pump and dump, an age-old scheme to quickly raise the value of a worthless asset and then selling it to reap the profits from the price increase. Not only is the pump and dump illegally under the securities laws, but it is also extremely popular in the world of Blockchain technology, cryptocurrency, and digital assets.How does it workIn a pump and dump scheme, the price of a worthless asset-us

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China Mining Co. Bitmain Shows Higher 2017 Profits Than US GPU Giant Nvidia, Report Finds

Chinese mining hardware giant Bitmain has reportedly made higher profits in 2017 than long time American graphics processing unit (GPU) manufacturer Nvidia, CNBC reported Feb. 23.CNBC writes that according to a report published Feb. 21 from investment research company Bernstein, the four-year-old Bitmain reportedly made between $3 and $4 billion in operating profit in 2017, whereas Nvidia, founded

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Bitcoin Price Analysis: Bitcoin Faces Pivotal Support as Bulls Exhaust Buying Pressure

After seeing a rally to the $11,000s, bitcoin has managed to pull back to the $9,000 range and has left many bullish investors confused. The initial bullish rally seemed promising as it broke the macro, descending channel that governed much of the market over the last two months:Figure 1: BTC-USD, 6-Hour Candles, Descending ChannelThe breakout of the descending channel (red dotted channel) gave ho

Finance Ministry Employees Caught Mining Cryptos in Kazakhstan

Mining The Ministry of Finance in Kazakhstan has announced measures to improve security and oversight in its IT department after catching four employees mining cryptocurrencies on its servers. Joking that the miners have taken over the central bank’s main duty – money emission, a deputy called for crypto regulations. The National Bank is actually

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SEC Director of Investor Education: ‘Don’t Flip A Coin’ Over Crypto Investments

The US Securities and Exchange Commission (SEC) investor’s website published a light-hearted notice this week to all investors considering buying the “latest new cryptocurrency or token.”Lori Schock, the Director of the SEC’s Office of Investor Education and Advocacy, wrote an informal post aimed at the everyday retail crypto investor, beginning with an anecdote from a visit to a retiremen

Decentralization to Drive Advertising Benefits for Businesses & Users

Just as decentralized economies have reduced the obligations of customers towards monopolistic central banking conglomerates; a new contender has similarly emerged in the ‘Search engine’ field that may just change Data Services and the Digital Advertising sector entirely.It’s calledBitclave, and it’s a decentralized blockchain based platform with integrated tools which allow businesses to

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Turkey Considers National Crytpocurrency in the wake of El Petro

Statements from both Iran and Turkey suggest that the two countries are about to launch a national cryptocurrency, stressing the need for strong regulation.Following in the Wake of El PetroAs Venezuela’s El Petro raised over $700 million dollars in its first round of private funding, President Modoru took the podium the next day to announce the countries follow up, Petro Gold.Instead o

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Russian Foodie Boris Akimov “Tokenizes” Himself: Offers Expertise and Advice

Russian celebrity, organic food fan, cryptocurrency enthusiast, and co-creator of BioCoin, Boris Akimov, has decided to “tokenize” himself. Akimov, founder of Russian online organic food exchange LavkaLavka, will launch his own cryptocurrency, Akimov coin, on the Waves Platform, a blockchain system developed in Moscow. As of today, Waves has not issued any further details about the coin or its

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Tezos Foundation Reorganizes, Gevers Steps Down

After months of infighting between the organizers of Tezos, a blockchain project currently in development, and the Tezos Foundation, a Swiss nonprofit that controls the project’s pursestrings, the two remaining original members of the Foundation have “voluntarily” resigned. This means that since December, the entire three-person board has been replaced.According to an announcement by the Tez

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