The Evolution From Altcoin to Shitcoin in 4 Steps

TheMerkle Altcoin Trading FrenzyIn the cryptocurrency industry, there are thousands of altcoins on the market today. Of those projects, half or less are still actively maintained today, creating a massive amount of “shitcoins“. Now is a good time to recap how an altcoin turns into a shitcoin over the course of weeks, months, and years. This process is still ongoing today, as nearly nine in ten new projects fail around the clock.  Step 1: Creating Hype for no Reason When it comes to the different altcoins launched over the past ten years, the ones which didn’t create media-levels of buzz and excitement are

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Money Laundering Fines Worth Billions Help Bankers Avoid Prosecution and Unpleasant Labels

Money Laundering Fines Worth Billions Help Bankers Avoid Prosecution and Unpleasant LabelsThe recent seizure of a cargo ship owned by JP Morgan, a vessel loaded with 20 tons of cocaine according to latest accounts, highlighted the risks of banks’ involvement in illicit activities, inadvertent or otherwise. And although U.S. authorities released the MSC Gayane after the owner, JP Morgan’s asset management arm, and the operator, Mediterranean […]

The post Money Laundering Fines Worth Billions Help Bankers Avoid Prosecution and Unpleasant Labels appeared first on Bitcoin News.

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Fantom Announces Partnership With The Private Office of Sheikh Saeed bin Ahmed Al Maktoum To Transform Dubai With Blockchain Technology

Fantom Foundation, a DAG blockchain with an open-source stack project focussing on Smart City applications, is announcing a partnership with The Private Office of Sheikh Saeed bin Ahmed Al Maktoum. Through this partnership, Fantom aims to help Dubai develop new economic opportunities and deliver a better user experience for UAE citizens using their technology.  While many other countries have decided to take a negative stance towards blockchain technology and cryptocurrencies, the United Arab Emirates (UAE) is committed to become a world leader in blockchain adoption as part of the Smart Dubai initiative which was founded by the Dubai ruler, Vice

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