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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

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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Kavita Gupta on Lubin, Buterin and Entrepreneurship in the Blockchain Space

When ConsenSys, a Brooklyn, New York–based firm that builds decentralized applications and blockchain ecosystem tools on Ethereum, launched a $50 million venture arm, it turned to Kavita Gupta to run it. Working closely with Joe Lubin, the founder of ConsenSys and one of the early founders of Ethereum, Gupta began spearheading efforts to fund early stage Ethereum-based startups through ConsenSys

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Friend or Foe: Inside Poland’s Strange War on Cryptocurrencies

On the list of anti-cryptocurrency countries, Poland has never really stuck out. In fact, there has been enough evidence to suggest that the Eastern European country was moving towards embracing Bitcoin and Blockchain technology.However, a recently uncovered smear campaign by the NBP (National Polish Bank, or Central Bank) has thrown that all out of alignment. The NBP has admitted to paying a numb

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ZenSoft and OPEN partner for cryptocurrency acceptance

New alliance to facilitate the software company’s ability to accept cryptocurrencies.Software development company ZenSoft has entered into a strategic partnership with the OPEN Platform to facilitate the acceptance of cryptocurrencies in its enterprise software development projects.OPEN, a San Francisco and Toronto based blockchain initiative, provides a comprehensive architecture for integratin

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Australian University Launches Nation’s First Blockchain Course

Recognising its importance as a revolutionary technology, an Australian university has today announced the country’s first course on blockchain technology. It’s being hosted by Melbourne’s RMIT University and is scheduled to start in mid-March.Blockchain Skills in High DemandThe eight-week short-course aims to address the current vacuum of young talent familiar with blockchain technology. Al

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Bitcoiner Faces Charges After Selling BTC to an Undercover Cop

On February 9, 2018, officials from U.S. Immigration and Customs Enforcement (ICE), the investigative arm of the Department of Homeland Security, arrested Morgan Rockcoons (aka “Morgan Rockwell” or “Metaballo”), CEO at Bitcoin, Inc. and an entrepreneur behind several other bitcoin startups, at his home in Las Vegas, Nevada.Rockcoons was charged with money laundering and operating an unlice

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Op-ed: How Decentralized Protocols Are Threatening Traditional Business Models

Corporates, suits and CEOs of traditional companies beware: decentralized protocols powered by blockchain technology are redefining your traditional business models, and you should be worried. Business models of the future are not created equal, and they certainly don’t play by the same rules. In the Venn Diagram of traditional business and decentralized protocols, there are a few overlaps and m

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UBIK Becomes Croatia’s Self-regulating Body for Blockchain and Cryptocurrency

Self-regulation in the blockchain and cryptocurrency industry is becoming the new norm. In Croatia, there is now a self-regulating body known as UBIK. This venture will also work toward regulating this nascent industry in the coming years. UBIK Aims to Legitimize CryptocurrencyCroatia is not a country most people associate with blockchain and cryptocurrency. To improve the situation, this self-reg

Trading Tip `The Wall´ – Drop Tokens That Suffer From Overtokenization

Op-Ed It’s said that 90% of all startups fail, and that we should expect nothing more from ICOs. 10% success rate is still overly optimistic for ICOs, but perhaps not for the reason you may think. You’re probably aware of examples of ICO “founders” who turned out to be a bunch of made up Linkedin-profiles. You’re probably also aware of the

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