This New Trick Helps Exchanges Artificially Pump Up Their Trade Volume

Some exchange operators have found a new trick to artificially pump up their trade volume. They are directly rewarding users with their own issued tokens for generating transactions, something critics call a backdoor ICO ripe for manipulation. Also Read: If You Can’t Beat Them, Join Them – Bitcoin Is Hiring Regulators Trading as Mining High … Read more

ConSensys’ Ajit Tripathi: ‘Rebellious Teenager’ Crypto is Maturing

Ajit Tripathi of ConsenSys, formerly of Wall Street, compares crypto to a misbehaving — but learning — teenager and regulators to his parents in an interview with CT Go to Source Powered by WPeMatico

Bitcoin in Brief Monday: Chief Strategist Quits Bitfinex, Cryptos Climb Capitol Hill

In today’s edition of Bitcoin in Brief, “U.S. person” Phil Potter, Chief Strategy Officer at crypto exchange Bitfinex, is departing the company as it pivots away from the United States. In America, the Supreme Court mentions Bitcoin and cowrie shells in the context of money. On Capitol Hill, congressmen have been warned to disclose their … Read more

The Poor Flip, the Rich Hodl, Startup Finds Out Tracing Its Tokens

The team of a young Ukrainian crypto company has made an effort to collect some interesting data about what happened with their tokens after the sale. It turns out investors from developing countries are inclined to sell the coins within months after their listing, while buyers from developed nations tend to hold them longer. Also … Read more

Swiss Economy Head Wants Switzerland to Become a Crypto and Blockchain Nation

Johann N. Schneider-Ammann, the head of Switzerland’s Department of Economic Affairs, has said that blockchain technology will undoubtedly penetrate the entire economy of Switzerland and make a global impact that is as big as that of the internet. Ammann noted that Switzerland has already evolved into a leader in blockchain technology and intends to continue … Read more

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