Month: November 2019

Canadian Company Commissions 3 Bitcoin Mining Units to Restart Oil Well

Canadian Company Commissions 3 Bitcoin Mining Units to Restart Oil Well in AlbertaA nascent industry utilizing flared gas to power bitcoin mining units has been developing over the past year or so, in symbiosis with the oil and gas industry in North America. Companies providing services in this promising niche continue to install mobile datacenters at oil wells in the U.S. and Canada, helping producers to save […]

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Apollo Currency Signs MOU With Nation of Lesotho as Part of Blockchain Initiative

Multi-function crypto platform Apollo announces MOU with the nation of Lesotho to improve the private sector, employment, poverty, and education.  16th November 2019, SANDTON, South Africa – All-in-one cryptocurrency platform Apollo Foundation is announcing an MOU with the nation of Lesotho to develop and implement blockchain technology in various government departments and initiatives. The Ministry of Communications, Science, and Technology acted on behalf of the Lesotho government in signing the memorandum of understanding with the foundation. The main objectives of the Apollo Foundation blockchain initiative are to: Create new wealth in the private sector by harnessing Apollo fintech solutions Design and implement

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DOJ Indicts two US Men for SIM Swapping and Crypto Theft

TheMerkle Bitcoin Trading SimulatorPutting an end to cryptocurrency scams remains an ongoing effort. The Department of Justice has recently arrested and charged two individuals for stealing cryptocurrencies. In the document published on the DOJ website, it is explained how two Massachusetts men are currently in custody. SIM Swapping Culprits get Nabbed Both of these individuals are charged with being involved in SIM swapping incidents, resulting in the theft of various cryptocurrencies. Their main objective was to take over victims’ social media accounts and then use that information to steal cryptocurrencies. Both men face 11 different indictments, including conspiracy, wire fraud, computer fraud, and

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Tom Lee Acknowledges the Bitcoin Price Won’t Hit $40,000 Soon

TheMerkle Bitcoin Price BearishThe Bitcoin price action throughout 2019 has not inspired that much market confidence. Even Tom Lee, a notorious Bitcoin bull, has grown concerned as to where this currency is headed next.  It is not uncommon for financial experts to weigh in on how markets might evolve in the coming years. Price prediction is not an accurate science by any means, but it can certainly lead to interesting discussions.  The Bitcoin Price Action isn’t Too Exciting Tom Lee, an analyst for Fundstrat, has built up quite the reputation when it comes to Bitcoin price predictions. Although Lee had high hopes for

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Bitcoin Traders Are Finding Creative Ways to Avoid KYC

Bitcoin Traders Are Finding Creative Ways to Avoid KYCCryptocurrency traders on Bisq are using Revolut to buy and sell bitcoin without the need for KYC/AML. The decentralized, peer-to-peer marketplace allows anyone to buy or sell cryptocurrency via a range of payment processors and traditional banking services. With Localbitcoins now a twisted nightmare of KYC, privacy-conscious traders have few platforms to which they can […]

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