Dutch Crypto Conman Scams Dozens in $2.2 Million Bitcoin Mining Fraud

http://bitsvisit.com/banners/728×90.gif By CCN: Authorities in the Netherlands have arrested a suspect who allegedly operated a bitcoin mining investment scam, according to Dutch daily De Gelrderlander. The fraudulent scheme which was reportedly started in 2017 earned the man named Berry van Mourik at least €2 million ($2.24 million). Berry was apprehended in Apeldoorn, a city in […]

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Bitcoin SV Pumps 125% as Calvin Ayre Runs Friend’s Satoshi Victory Lap

http://bitsvisit.com/banners/728×90.gif By CCN: Bitcoin SV (BSV) more than doubled in price on Tuesday fresh off the back of confirmation that Craig S. Wright had registered Bitcoin copyright claims with the U.S. government. The 125% pump in BSV’s value may have been helped along (not a legal term) by Bitcoin SV cheerleader Calvin Ayre. The billionaire […]

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Bitcoin SV jumps 80% As Wright Files “Proof” That He’s Nakamoto

http://bitsvisit.com/banners/728×90.gif The top ten cryptocurrencies are all in green boasting moderate gains. For example, Ethereum is up 2% and Bitcoin Cash up 4.38%. Leading coin by market value, Bitcoin, is 1.75% in the green, nearing $8,000 USD per coin—much to the excitement of the bulls. However, its hard to ignore the not-so-moderate gains that Bitcoin SV […]

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$19 Million: Ethereum Foundation to Fund Work on 2.0 Upgrade, Plasma and More

http://bitsvisit.com/banners/728×90.gif The Ethereum Foundation detailed Tuesday how an estimated $30 million will be spent by the organization on key projects within the ethereum ecosystem. The group said that $19 million has been earmarked over the next 12 months to be put towards “building the ethereum of tomorrow.” Namely, this includes an ambitious scaling upgrade dubbed […]

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Nabbed! SEC Reels in $30 Million Alleged Diamond-Backed Crypto Scam

http://bitsvisit.com/banners/728×90.gif By CCN: The U.S. SEC has secured a court order to stop an alleged diamond-backed Ponzi scheme estimated to be worth around $30 million. The securities regulator outlined how more than 300 investors were fleeced into handing over funds to Florida-based Argyle Coin LLC. SEC obtains emergency order halting alleged diamond-related ICO scheme targeting […]

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At Blockchain Week, Maturity Is the Motto as Ethereum Organizations Push Toward 2.0 Upgrade

http://bitsvisit.com/banners/728×90.gif The ethereum movement, headed by flagship organizations like the Ethereum Foundation and the Brooklyn-based conglomerate ConsenSys, emerged from Blockchain Week 2019 with a common goal and a newfound sense of urgency. In short, building ethereum 2.0 — the blockchain network’s ambitious reinvention plan — will require maturity. “The only people left are those that […]

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Bullish Hedge Funds Speculate on US Stock Market with an Insane Bet

http://bitsvisit.com/banners/728×90.gif By CCN: The number of U.S. hedge funds betting on more stock market volatility has reached lows not seen in months. Hedge funds and other investors speculate on volatility by purchasing Volatility Index options (VIX) from the Chicago Board Options Exchange (CBOE). Ironically the Volatility Index is looking pretty volatile itself. VIX flew up […]

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Obama Hack Judge Rules Trump Must Deliver Private Financial Records

http://bitsvisit.com/banners/728×90.gif By CCN: In a brazen but unsurprising move last week, Democrats issued a subpoena to accounting firm Mazars USA for eight years’ worth of Donald Trump’s financial records. It should thus come as no surprise that Barack Obama judicial appointee U.S. District Court Judge Amit Mehta refused to grant Donald Trump’s request that the subpoena […]

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Dow Flinches After Chicago Fed Index Flashes Dangerous Recession Signal

http://bitsvisit.com/banners/728×90.gif By CCN: The Dow and broader U.S. stock market tumbled on Monday, as the combination of poor economic data, geopolitical tensions and a trade-war standoff with China kept investors out of riskier assets. Dow Struggles to Gain Footing; S&P 500, Nasdaq Falter All of Wall Street’s major indexes declined on Monday, mirroring a volatile […]

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Dow Gloom Darkens after ‘Very Happy’ Trump Brags China Tariffs in Billions

http://bitsvisit.com/banners/728×90.gif By CCN: U.S. President Donald Trump firmly stated his administration will not allow China to emerge as the global superpower and overtake the U.S., indicating that his administration will not compromise to reach a partial trade deal which may have an adverse effect on the Dow and the equities market. [embedded content][embedded content] Speaking […]

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Ethereum-Based Stock Exchange Plans First Company Listing in June

http://bitsvisit.com/banners/728×90.gif SprinkleXchange, a stock exchange built on ethereum, is reportedly listing its first company next month. Sprinkle Group CEO Alexander Wallin told Bloomberg in an interview published Friday, “We have the luxury of being first with this, but we’re aware that it will become a crowded market.” The Bahrain-based platform uses a decentralized clearing and settlement […]

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Game of Thrones Finale: The Iron Throne is Won With a Final Shock Twist

http://bitsvisit.com/banners/728×90.gif By CCN: Major spoiler alerts follow. A growing movement of Game of Thrones fans has already decided the final season should be re-made. No word on that from HBO or the show’s producers, but the final episode did happen this evening. We opened with Jon Snow defending “innocent” members of the Golden Company. They […]

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No ‘40% in a Day’ Altcoin Pumps Coming This Bull Market: Mike Novogratz

http://bitsvisit.com/banners/728×90.gif By CCN:If you’re on the edge of your seat for the “crazy altcoin pumps” that the market experienced in the 2017 bull run, you might be waiting a long time. Michael Novogratz, who is at the helm of crypto merchant bank Galaxy Digital, suggests that bitcoin will leave its smaller peers in the dust. […]

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‘Tackling Real World Issues’: Hackers at ETH New York Build Apps Geared Towards Social Change

http://bitsvisit.com/banners/728×90.gif If building decentralized financial applications was the motto topic of Ethereal, the ethereum hackathon ETH New York was all about discussing the social impact of such applications. Speaking to a group of high school students at ETH New York, Mariano Conti – head of smart contracts at the MakerDAO Foundation – asked foundational questions […]

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Facebook’s Secret Crypto Project Faces a Treacherous Self-Inflicted Problem

http://bitsvisit.com/banners/728×90.gif By CCN: The myriad privacy issues Facebook has been mired in are turning off the very people it wants to hire to help it improve its platform. These are the findings of former recruiters who shared the details with CNBC. You’d think that Facebook would have to beat off people wanting to work at […]

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Bitcoin and Blockchain: The Tangled History of Two Tech Buzzwords

http://bitsvisit.com/banners/728×90.gif “I’m interested in blockchain, not bitcoin.” Admit it, you’ve heard this hundreds, if not thousands, of times. (You might have even said it yourself.) And sure, people know what you’re saying, you’re talking about the “technology underlying bitcoin” and you sound smart enough. Once it became known – or at least presumed – that […]

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