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

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 the […]

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

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 owner […]

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

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 hundreds […]

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

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 the […]

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Obama Hack Judge Rules Trump Must Deliver Private Financial Records

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 be […]

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Dow Flinches After Chicago Fed Index Flashes Dangerous Recession Signal

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 pre-market […]

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

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 to […]

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

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 were […]

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

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. Ran […]

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

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 the […]

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Apple’s Tim Cook Finds His Inner Tesla in Speech to Gen Z Graduates

By CCN: At a commencement speech at Tulane University in New Orleans, Apple CEO Tim Cook had some harsh words for the parents of Tulane’s class of ’19. During his speech at the Mercedes-Benz Superdome, Cook said: “In some important ways, my generation has failed you.” He added: “We have spent too much time debating, […]

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A Hollywood Producer & Bitcoin Fan Explores Making a ‘Real’ Crypto Flick

By CCN:  A producer of Netflix hit “Mudbound” thinks he has what it takes to make a crypto movie that won’t bore people to death or fill their brains with inaccuracies about the space. If you value the Oscars, you may believe he could pull this off considering Mudbound managed to get a nomination from […]

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This Bitcoin Bull Market Proves the Crypto Bubble Never Burst

By CCN: This past weekend, the bitcoin price zoomed past $8,000 and left everybody buzzing about a new bull market. Crypto Twitter took the news as an opportunity to mock the masses who thought bitcoin was a bubble. Here are two tweets that reflect the general sentiment. From @danhedl: Bitcoin in mainstream media: 2011 – “it’s […]

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Shell-Shocked HitBTC Users Shout ‘Fraud’ in Response to Severe KYC

By CCN: HitBTC users are being asked to provide excessive detail about the derivation of their funds, according to multiple sources. Even Bitcoin developer Luke-Jr was forced to undergo KYC in order to withdraw funds. The famous small-blocker reportedly had chosen the exchange for its perceived lack of know-your-customer compliance. High-Profile Users Get Their Issues […]

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Baidu Stock Slides 16%: Here’s Why China’s Google is Stuck in Freefall

By CCN: Baidu, China’s largest search engine and that country’s equivalent of Google, suffered a 16 percent stock price haircut after reporting a poor earnings quarter that stunned shareholders. Baidu Stock in Freefall After Q1 Losses Shock Investors Baidu stock endured a brutal crash at Friday’s opening bell, and it failed to recover along with […]

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Debt-Ridden Crypto Exchange Cryptopia Suckers Hacked Customers Again

By CCN: Users of the New Zealand-based bitcoin exchange Cryptopia should expect more uncertainty in the coming months. In an update released earlier today following the announcement that it had gone into liquidation, Cryptopia has warned users that they may not get all their funds back, if at all. Per the exchange, an investigation is […]

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