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The U.S. Commodity Futures Trading Commission (CFTC) has issued its first warning against pump-and-dump schemes involving cryptocurrencies while giving advice on how to buy crypto. This warning follows previous warnings by two other U.S. regulators. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies CFTC’s Warning The CFTC issued a Customer Protection Advisory … Read more
A new poll of IT mangers at large UK businesses found that exactly half keep stockpiles of cryptocurrency for various reasons. Unlike what some might imagine, only a very small fraction of the companies that are holding bitcoin claim to be doing so as preparation for a ransomware attack. Also Read: Coinbase Develops Bitpay Competitor … Read more
Malware that surreptitiously mines cryptocurrency while you browse the web is big news right now – literally in the case of news outlet Salon, which has enabled it as an opt-in feature. One thing that it certainly isn’t, though, is big business. Every other day, media outlets seem to be running stories about the latest … Read more
After gamers, scientists have now raised the alarm about the deficit of video cards caused by excessive demand in the crypto mining industry. Researchers trying to pick up radio signals from stars and extraterrestrials say they need more of the latest GPU chips for their data processing equipment. According to media reports, a leading manufacturer … Read more
Daily Journal’s annual shareholder meeting usually involves Berkshire Hathaway’s vice chairman, Charlie Munger, giving his overview of things economic. This Valentine’s Day, the 94-year-old right-hand man of Warren Buffett took the opportunity to savage the world’s most popular cryptocurrency, bitcoin. Also read: Citibank India Bans Bitcoin Berkshire Hathaway Wants Cops Unleashed on Bitcoin If it’s not … Read more
Cryptocurrency miners will soon be able to benefit from surplus electricity and the cold climate at five power plants located in Siberia. Russian energy company En+, which owns those power plants, is already in talks with investors to build crypto mining farms near them. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies … Read more
Japanese technology conglomerate GMO Internet is about to launch a new cloud offering for mining BTC and BCH. If you have at least $5 million that you want to invest in such a venture, and don’t want the hassle of opening your own mining farm, applications start next month. Also Read: Coinbase Develops Bitpay Competitor … Read more
Ever heard of a coin called ucash? You should have. It’s in the world’s top 25 cryptocurrencies after all, based on market cap, placing it higher than stratis, omisego, and zcash. Making it to the hallowed heights of 21st, where ucash placed on February 12, calls for mainstream media coverage, a growing user base, and … Read more
While its trading clients might have preferred Coinbase to focus on improving its core service, the exchange is busy now expanding into another market. Coinbase Commerce has launched to help online stores handle payments in four leading cryptocurrencies. Also Read: Independent Ratings Agency Alerts Investors About Dangers of Tether Coinbase Commerce San Francisco-based cryptocurrency exchange … Read more
Blockchain based trading cards are all the rage, with one estimate placing the transaction value of ethereum games at $10 million a day. While the vast majority of these games are derivative and ephemeral, that’s not to say they can’t provide short-term entertainment. The latest addition to the Crypto Kitties stable is Crypto All Stars, … Read more