New York’s attorney general is investigating bitcoin exchanges

New York Attorney General Eric Schneiderman

New York’s attorney general is investigating bitcoin exchanges New York Attorney General Eric Schneiderman launched an investigation into bitcoin exchanges today, his office announced. He’s looking into thirteen major exchanges, including Coinbase, Gemini Trust, and Bitfinex, requesting information on their operations and what measures they have in place to protect consumers. “Too often, consumers don’t have the basic facts they need to assess the fairness, integrity, and security of these trading platforms,” Schneiderman said in a statement. His office sent detailed questionnaires to the thirteen exchanges, asking them to disclose…

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Billionaire banking heir Matthew Mellon dies

Matthew Mellon

Billionaire banking heir Matthew Mellon dies in rehab, aged 54 Matthew Mellon, the billionaire banking heir and cryptocurrency investor whose British ex-wife founded Jimmy Choo, has died at a drug rehabilitation centre in Mexico. The 54-year-old socialite was a descendant of two of America’s great banking dynasties and had faced a lengthy battle with drug addiction. Mr Mellon “died suddenly in Cancun, Mexico, where he was attending a drug rehabilitation facility”, family representative on Tuesday. The serial entrepreneur inherited $25 million (£17 million) when he turned 21 – the first of 14…

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MailChimp to Block ICO, Crypto Marketing

mailchimp bans crypto currency

Email Service MailChimp to Block ICO, Crypto Marketing MailChimp said in a tweet that “cryptocurrency-related information isn’t necessarily prohibited,” provided the sender is not selling, trading, storing or marketing cryptocurrencies. Email distribution company MailChimp will bar marketing campaigns for cryptocurrencies and initial coin offerings starting next month. In an email sent to a MailChimp customer and obtained by CoinDesk, the company said that it will no longer allow its service to be used for crypto campaigns because they are “too frequently associated with scams, fraud, phishing, and potentially misleading business…

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Star of South Africa Diamond

The Star Of Africa

Star of South Africa Diamond In the annals of history, certain gemstones transcend their physical beauty to become legendary symbols of wealth, power, and intrigue. Among these illustrious jewels, the Star of South Africa Diamond shines brightly, captivating the imagination with its rich history and extraordinary allure. Renowned as one of the most significant diamonds ever discovered, its journey from the depths of the Earth to the heights of human fascination is nothing short of remarkable. Diamonds have long held a fascination for humankind, symbolizing wealth, power, and beauty. But…

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Bitcoin Mining Consuming More Electricity Than 159 Countries

Bitcoin Mining Consuming Electricity

Bitcoin Mining Now Consuming More Electricity Than 159 Countries Including Ireland & Most Countries In Africa Bitcoin’s ongoing meteoric price rise has received the bulk of recent press attention with a lot of discussion around whether or not it’s a bubble waiting to burst. However, most the coverage has missed out one of the more interesting and unintended consequences of this price increase. That is the surge in global electricity consumption used to “mine” more Bitcoins. According to Digiconomist’s Bitcoin Energy Consumption Index, as of Monday November 20th, 2017 Bitcoin’s…

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Telegram May Enter Cryptocurrency

TON, Telegram Open Network

Cryptocurrency by Russia’s Telegram Founder Raises $850 Mln in Investments In early January, the TechCrunch website reported Telegram’s plans to launch its own blockchain, the “Telegram Open Network” (TON), platform and homegrown cryptocurrency. Russian tech genius, founder of Vkontakte and Telegram, Pavel Durov has filed a “Notice of Exempt Offering of Securities” with the US Securities and Exchange Commission (SEC), reporting $850 million raised from 81 investors for “the development of the TON Blockchain, the development and maintenance of Telegram Messenger.” While the SEC filing did not disclose the names…

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What Is The Difference Between Bitcoin and Ethereum?

ethereum, bitcoin

What Is The Difference Between Bitcoin and Ethereum? Last year, thanks to stratospheric rises in value, lots of people became aware of the existence of Bitcoin, as well as another often-cited up-and-coming cryptocurrency, Ethereum. By market cap they are the two most valuable cryptocurrencies – as of writing (and please note that these numbers fluctuate quite a lot), the total value of all the Bitcoin in existence is $143 billion, while Ethereum sits at $88 billion. For perspective – that means Bitcoin is currently held at around the same value…

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Alkebulan AKB, One Africa Cryptocurrency

Alkebulan AKB, One Africa Cryptocurrency

Alkebulan AKB, One Africa Cryptocurrency Africa,agricultural,energy Since the last few years i interest me for investments in the agricultural industry in Afrika. The problem is that there are to many bridges for investment opportunities in African countries. (eventually write an example about money transfers and currency exchanges which are expensive) There are a lot of opportunities in Africa for investments like in the Agricultural industry and the energy industry. With this concept were planning to remove all those bridges to make it easier for all the people on the world…

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Venezuela Announces Petro Coin Presale

pedro coin, venezuela

Venezuela Says Crypto Mining Now ‘Perfectly Legal,’ Announces Petro Presale Venezuela’s government has said cryptocurrency mining is now “completely legal”as it plans the presale of its Petro coin for next month. In comments during a TV address quoted by local news outlet TeleSur, the country’s newly-dubbed ‘cryptocurrency superintendent’ Carlos Vargas confirmed that citizens mining Bitcoin and other cryptocurrencies were not breaking the law. Last year, Venezuela made headlines on several occasions after reports emerged that police were cracking down on mining operations, accusing those involved of sapping power from the…

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Facebook is banning all ads for bitcoin, cryptocurrencies, and ICOs

facebook banned cryptocurrency

Facebook is banning all ads for bitcoin, cryptocurrencies, and ICOs – Facebook is banning all ads related to cryptocurrencies, from ICOs to bitcoin. – The social network says the ban, which includes both Facebook and Instagram, is to crack down on scams. – Cryptocurrencies are “frequently associated with misleading or deceptive practices,” it said. Cryptocurrencies are a Wild West of sorts — and Facebook has had enough. The social network is banning all ads related to bitcoin, cryptocurrencies, and ICOs, it announced on Tuesday, as it attempts to crack down…

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50 Cent becomes accidental Bitcoin millionaire

50cent, bitcoin

50 Cent becomes accidental Bitcoin millionaire 50 Cent took a chance on bitcoin years before anyone knew what cryptocurrency even was … and it’s paid off more than 7 million times over. Rewind to 2014 and 50’s album, “Animal Ambition,” when the rapper became the first to accept bitcoin — which was then valued at around $662/bitcoin — as payment for his work. We’re told customers could get a copy of the album for just a fraction of a whole bitcoin. Our sources say “Animal Ambition” pulled in about 700…

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What is a crypto airdrop?

airdrop

What is a crypto airdrop? A​ ​crypto airdrop​ ​is​ ​when​ ​a​ ​blockchain project distribute​s ​free​ ​tokens or​ ​coins ​to​ ​the​ crypto ​community. To​ ​be​ ​a​ ​recipient​ ​of​ ​an​ crypto ​airdrop often​ ​the​ ​only​ ​requirement​ ​is​ ​that​ ​you​ ​have​ ​coins from the relevant blockchain stored​ ​in​ ​your​ ​wallet. Examples of this format of airdrops are Byteball, Stellar lumens and OmiseGo. These airdrops required you to proof you were the owner of Bitcoins or Ethereums at a certain time ( snapshot) of the blockchain. The​ ​format​ ​of​ ​these​ crypto ​giveaways​ ​is​ ​usually​…

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