The time is past when tossing a single coin was already an added value. There are currently hundreds of coins and thousands of tokens in the world of cryptocurrencies, and therefore when a company wants to succeed it must offer not just one coin or one token, but an entire value proposition for an entire […]
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With the COVID-19 pandemic worsening throughout the world, CoinDesk is taking immediate action on Consensus 2020. As the organizers of Consensus and Blockchain Week NYC, our goal has always been to bring the community together to educate, grow and create meaningful connections in a safe location. It is no longer possible to do that in […]
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U.S. central bankers pledged Thursday to inject some $1.5 trillion into the financial system in an effort to calm panicky markets after the spreading coronavirus triggered steep price declines on everything from stocks to bitcoin. The move by the Federal Reserve Bank of New York comes as investors in traditional Wall Street markets have rushed […]
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U.S. prosecutors indicated a Dutch national Thursday for allegedly spearheading a rape and child pornography website that’s made over $1.6 million worth of bitcoin selling videos since 2012. Known as “Michael R.M.,” and “Mr. Dark,” the man allegedly ran a site called “DarkScandals” that operated on the darknet, which requires special software to access, and […]
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Bitcoin (BTC) suffered its biggest drop in seven years, as fears over the spreading coronavirus triggered a new wave of selling in everything from stocks and junk bonds to cryptocurrencies. This came despite a new European Central Bank pledge to pump more cash into panicky markets. Prices for the largest cryptocurrency by market value plunged […]
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The United Kingdom’s Financial Conduct Authority (FCA) is asking investors to watch out for coronavirus-related crypto scams. In a March 11 warning to the public, FCA, the U.K’s top financial regulator, said scammers may attempt to take advantage of the fast-spiraling global pandemic, which has infected some 460 U.K. residents and killed eight. “Watch out […]
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A federal court has ordered ICOBox to pay a $16 million penalty to the Securities and Exchange Commission’s (SEC) for violating U.S. securities law. On March 5, Judge Dale S. Fischer of the U.S. District Court for the Central District of California granted the SEC’s motion for default judgment against the ICO-as-a-service platform and founder […]
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Washington state resident Kenneth Warren Rhule has been charged with laundering over $140,000 in bitcoin after agents with Homeland Security Investigations (HSI) made a series of undercover cash-for-crypto deals with the 26-year-old. Rhule faces multiple counts of operating an unlicensed bitcoin money transmitter business and laundering monetary instruments after allegedly meeting with government agents “posing […]
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Kadena CEO Will Martino had already been considering abandoning his blockchain development company’s Brooklyn headquarters before coronavirus came to New York City. The fast-spreading virus, however, recently convinced him the office had to go. On Feb. 21, he told his team to begin working from home. The New York metropolitan area’s surging coronavirus count is […]
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Cryptocurrency scams in 2019 had more risk for U.S. residents than fraud involving romance or payments. That’s the conclusion of a recent report by the Better Business Bureau (BBB), a nonprofit organization focused on marketplace trust. The report found an average dollar loss in crypto-focused fraud of $3,000 for victims age 25 to 44. The […]
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