Millionaires Don’t Receive Sufficient Crypto Investment Advice from Wealth Managers: Study

It is evident the cryptocurrency industry continues to attract people from all walks of life. Those with little money hope to strike it rich, whereas the wealthy hope to make more of what they already have. One thing both groups have in common is a desire for better cryptocurrency advice. Those are the findings of … Read more

What Are Cryptocurrency Trusts?

The topic of cryptocurrencies and taxes has been kicked around a fair few times. It seems cryptocurrency trusts offer a legal method of avoiding taxes. They are not necessarily for everyone, yet they do raise some interesting issues. The Future of Cryptocurrency Trusts It has become apparent that not everyone wants to pay taxes on their … Read more

Groundbreaking Cryptocurrency Fraud Suit First to Rule Misappropriated Funds Must be Returned to Plaintiff

New York, NY, June 20, 2018 – Today, cryptocurrency exchange Bittrex aided in locating and returning stolen funds to Elizabeth White, CEO of The White Company – a cryptocurrency asset management and luxury marketplace that facilitates sales of high-end goods and experiences – after the Superior Court of Delaware last month awarded White a combined … Read more

Retail Adoption of Crypto Would “Bring the Internet to a Halt” – BIS Report

The Bank of International Settlements (BIS) has leased a chapter from its forthcoming annual report that delivers a critical appraisal of bitcoin and cryptocurrency. The report attacks virtual currencies from several main standpoints: claiming that cryptocurrencies do not effectively perform monetary functions due to price volatility, that the retail adoption of blockchain-based payment mechanisms would … Read more

Turcoin Ponzi Scheme Exposed, Founders Flee with Millions

Turkey’s so called “national” crypto, Turcoin, has turned out to be a classical example of a Ponzi scheme, local media reported. The founders of the “alternative” digital currency are believed to have fled the country with millions of dollars collected from defrauded investors. The company behind the Turkish token stopped distributing dividends earlier in June. … Read more

Monero Community Proposes Overhaul of GUI Wallet to Improve Usability

Innovation is not hard to come by in the cryptocurrency sector. Although most of these changes are taking place behind the scenes, community feedback also plays an integral role in the process. One particular proposal to make Monero’s GUI client more user-friendly is attracting a fair amount of attention. Improving the Monero GUI Even though … Read more

TradeSatoshi Finally Removes BitConnect Trading Months After Ponzi Scheme Collapsed

It has been a while since people last heard about Bitconnect. The infamous Ponzi scheme collapsed a while ago, even though it was never completely ‘gone’. With TradeSatoshi now finally ending BCC trading, the final nail has been put in BitConnect’s coffin. Finally Ending the BitConnect Scam Over the past twelve months, the cryptocurrency ecosystem … Read more

Hacked Korean Crypto Exchange Unveils Plan to Restart Service Amid Controversies

South Korean cryptocurrency exchange Coinrail has unveiled its plan to resume service despite surrounding controversies. The exchange reportedly removed a key part of its terms of service right before it was allegedly hacked, arousing suspicions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Service Could Resume Around July 15 South Korea’s seventh largest crypto … Read more

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