Crypto Markets

Washington State County Moves to Limit New Bitcoin Mining Firms

The public utility from a county in Washington state long known as a destination for power-hungry bitcoin miners has said it will stop reviewing applications for new operations. Members of the Chelan County Public Utility District (PUD)’s board of commissioners voted unanimously to stop reviewing applications for mining facilities and similar data …

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Coinbase Bug Allowed Users To Steal Unlimited ETH, Wallet Paid $10K Bounty For Discovery

Major US crypto wallet provider and exchange service Coinbase has rewarded a Dutch company with a $10,000 bounty after it discovered a smart contract glitch allowing users to steal “as much as they want” in Ethereum (ETH), according to a report made public today, March 21. The issue, which VI Company reported to Coinbase December …

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Tether Resumes Issuing Tokens with $300 Million Already Issued

In a surprising twist to an ongoing saga, Tether, it seems, has resumed issuing tokens. This comes after a two-month hiatus in which it was issued a subpoena by the U.S. Commodity Futures Trading Commission (CFTC). The subpoena which was issued to both Tether and Bitfinex was sent in December 2017 but was …

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Cryptocurrency Traders Have a Host of Serious Tools to Use

Evolving from HODL and BTFD, enthusiasts of the cryptocurrency world have moved on to learn better money management strategies and acquired trading tools to make the most of their investment. New developments aim to serve traders by helping them make more informed decisions based on more datasets. Traditional Trading Tools …

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Bitcoin Will Be World’s ‘Single Currency’ Says Twitter CEO

Jack Dorsey, chief executive of Twitter and payment company Square, has spoken of his strong belief in the future potential of bitcoin. In an interview with The Times published Wednesday, Dorsey, himself a noted bitcoin investor, said he believes the cryptocurrency will take over the U.S. dollar’s dominant place in world finance …

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ICON (ICX) Gains Over 50% on Bithumb Listing

ICON, the renowned ‘Korean Ethereum’ network, surged 59% this morning following the announcement of its listing on Korean crypto exchange, Bithumb. After a slow month for ICON, investors will be grateful for the recent announcement as the alt-coin price rose sharply from $2.22 to $3.54 – the highest price we’ve …

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FBI, Justice Department Want Case Against Alleged ICO Fraudster To Move Forward

Legal wrangling continues in the U.S. related to a first-of-its-kind action taken by the U.S. Securities and Exchange Commission regarding ICOs. Last fall, it filed a civil complaint against the organizer of the REcoin Group Foundation and DRC World ICOs with defrauding investors and violating U.S. federal securities laws. The …

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Bitcoin Rally Cools Despite Twitter CEO Backing of a Bitcoin-Led Future

Investing.com – The bitcoin rally eased on Wednesday despite Twitter CEO Jack Dorsey’s endorsement of the popular digital currency, claiming it would become the “world’s single currency.” Bitcoin fell 0.66% at $8,865.1 after hitting a high of $9,177.5 on the bitfinex exchange. “The world ultimately will have a single currency, the …

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CryptoKitties Receives $12 Mln In Funding From Big Name Investors

CryptoKitties, the Ethereum-based virtual collectible game developed by Blockchain startup Axiom Zen, has raised $12 mln in funding from a group of investors, led by two top venture capital firms Andreessen Horowitz and Union Square Ventures, as reported by CryptoKitties’ Medium account on March 21. CryptoKitties (谜恋猫)@CryptoKitties CryptoKitties has raised $12M to make the blockchain purr. https://medium.com/cryptokitties/cryptokitties-receives-12m-in-funding-38322f90ab65 … …

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UK launches task force to scrutinize cryptocurrency risks and benefits

Britain will unveil a task force that examines both the risks and benefits of cryptocurrencies. The U.K.’s finance department, the Treasury, announced Thursday that the task force includes Britain’s central bank, the Bank of England, and the Financial Conduct Authority watchdog. The task force is part of a wider fintech, or financial …

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