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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

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Learning Automated Crypto Trading Strategy: 4 Steps to Earning

In February, Cryptense, a full-stack Blockchain company, introduced a new decentralized platform for creating and executing cryptocurrency trading strategies automatically: Kryll.io. The company has also came up with an explainer on how you can earn big using its solution.Drag ‘n’ drop strategy blocksThe first step to earning online with Kryll platform is to create a strategy depending on

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Common Crypto Scams and How To Avoid Them

The cryptocurrency space possesses two qualities that make it the ideal environment for scams. Firstly, there is no shortage of legitimate anecdotes about people who have enjoyed immense wealth courtesy of early digital currency investments. The proliferation of such tales provides the perfect backdrop for a “get rich quick” scheme. Secondly, since the technology is incredibly tough for the la

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Wyoming Introduces New Bill To Exempt Crypto From Property Taxation

A new tax bill has been introduced in the Wyoming state senate on Feb. 16 that would exempt virtual currencies from state property taxation, and suggests an effective date be provided for the tax exemption implementation.Wyoming Senate Bill 111 was introduced by senators Ogden Driskill, Tara Nethercott, and Chris Rothfuss, along with representatives Tyler Lindholm, David Miller, and Jared Olsen. A

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Bubbletone and Lingualeo Announce a Strategic Partnership That Will Help Drive the Future of Blockchain Technology

It seems that 2018 is going to be the year that messenger apps stake their ground in driving blockchain and cryptocurrency technology forward. This week, Clementvale Ltd, with its brand, Bubbletone Blockchain in Telecom, announced that they have formed a strategic partnership with Lingualeo, a market leader in online English language learning. Managing Director of Lingualeo, Vladimir Sirotinsky, h

CFTC Offers $100,000 Bounty to Crypto Pump-and-Dump Whistleblowers

Featured The US Commodity Futures Trading Commission (CFTC) has created a bounty to encourage whistleblowers coming forward in exposing “pump-and-dump” schemes. “Customers should not purchase virtual currencies, digital coins,” the CFTC warned, “or tokens based on social media tips or sudden price spikes. Thoroughly research virtual currenc

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CFTC Warns Against Cryptocurrency Pump-and-dump Schemes

The rising popularity of cryptocurrencies is of great concern. Especially when it comes to pump-and-dump schemes, there’s reason to be concerned. As such, the CFTC issued an official warning against this type of market manipulation. They advise customers to avoid such schemes, especially when it comes to small and new altcoin markets. It is evident doing one’s research is always the best cours

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Dubai: Gold Trading Company Launches ‘World’s First’ Cold Storage Vault For Crypto

The Dubai Multi Commodities Center (DMCC) has given a gold trading company in Dubai the first cryptocurrency trading license in the Middle East, and the company has responded by launching the “world’s first” cold storage vault for crypto, according to a press release on the DMCC’s site.Regal RA DMCC, the company that received the crypto license, is a subsidiary of Regal Assets, which is a

Altcoin Analysis: NEO, EOS, LTC, NEM and Lumens

Unexpectedly, altcoins inched higher yesterday even after bears seem to be driving prices lower.From the charts, we can see that LTC pair is moving along the middle BB and finding it hard to breach and close above $170 which from our analysis remain a strong resistance level and a buy trigger.Let’s have a look at these charts:XLM/USDXLMUSD Daily Chart for February 13, 2018From yesterday’s pric

Altcoin Analysis – LTC, NEM, EOS, NEO, Stellar Lumens

Altcoins are recovering and even though there is a little bit of correction from key resistance levels or middle BB, prices are likely to pick up the positive momentum this week.LTC/USD, NEM/USD and NEO/USD in particular are trending at key levels.Let’s have a look at these charts:XLM/USDXLMUSD Daily Chart for February 12, 2018See the influence of $0.40? That is the 61.8% Fibonacci retracement l

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