Day: April 4, 2019

Crypto Blacklist | Belgium Updates List of Crypto Fraud Websites

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Belgium’s Financial Services and Markets Authority (FSMA) has updated its crypto blacklist. According to an official statement made today, the government body has added seven crypto trading platforms to it. Crypto Blacklist The crypto blacklist is comprised of websites and/or platforms associated with fraud or that show signs of fraudulent behavior. Effectively, these websites are known to scam investors or seem suspicious. The previous crypto blacklist was released in December 2018 and listed a total of 113 websites. Now, that list has grown to 120. Vigilance Despite the availability of the list and…

South Korean Officials Consider Revision of Existing Crypto Regulations

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South Korean officials are considering a revision of existing regulatory frameworks regarding digital currencies, local media outlet ZDNet Korea reported on April 4. Speaking at the Deconomy conference in Seoul, top government officials reportedly stated that the country has to re-evaluate cryptocurrency policies in order to facilitate the growth and maturity of the cryptocurrency market. One official outlined the importance of creating a place where the industry, financial institutions, and government-related organizations could communicate and jointly develop relevant guidelines. Song Hee-kyong, co-president of the 4th Industry Forum of the National…

Canadian Drug Dealer Forced to Forfeit $1.4 Million in Bitcoin

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Matthew Phan, the Mississauga resident at the center of a drug trafficking case facilitated via bitcoin, has been ordered to forfeit 281.41 BTC by a Toronto Court, reports The Star. The ruling is reportedly the largest bitcoin forfeiture recorded by authorities in Canada. Meanwhile, Phan continues to insist that not all of the bitcoin in his possession were proceeds from his illegal drug trading activities. Court Says Bitcoin Stash is Proceeds from Drug Deals On April 3, 2019, Justice Jane Kelly of the Toronto Superior Court ordered the forfeiture of…

Why Bitcoin is STILL Undervalued by a Staggering 64%

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Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. The bitcoin price has climbed 30% year-to-date and is holding just under $5,000 after an early-April rally, but it’s still undervalued by a ridiculous margin. Fundstrat Global Advisors co-founder Tom…

Coda Leads $15 Mln Funding Round for O(1) Labs Including Coinbase and Paradigm

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Blockchain scalability project Coda has completed a new $15 million funding round for O(1) Labs, Coda announced on April 2. According to Coda, the new funding round involved major technology investors such as Accomplice, Coinbase Ventures, Paradigm, and General Catalyst. As specified on its website, Coda is a cryptocurrency protocol with a “tiny portable blockchain,” swapping the traditional blockchain for small cryptographic proof, which enables a cryptocurrency to be as accessible as any other app or website. Specifically, Coda aims to address blockchain’s scalability problem by compressing blocks and providing…

Ripple (XRP) Down 7.7 Percent, Market Brimming With Confidence

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Ripple (XRP) upside headwinds, down 7.7 percent XRP based ETP launched European investors are set to gain access to XRP through a controlled manner as Nordic Growth Market (NGM) launches LTC and XRP-based ETPs. At the same time, Banco Santander will spend $22 billion on One Pay FX in the next four years. Meanwhile, XRP is up but prices are cooling off and could drop to 32 cents. Ripple Price Analysis Fundamentals Traders with access to Nordic Growth Market (NGM) will now have access to Exchange Traded Products (ETP) based…

Qoo10 Turns to Blockchain, Taking on Amazon and Alibaba

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Qoo10 Turns to Blockchain, Taking on Amazon and Alibaba April 4, 2019 by Akshay Makadiya Singapore’s e-commerce giant Qoo10 (pronounced ‘Q-ten’) is aggressively leveraging blockchain technology to compete against heavyweights like Amazon, Alibaba, and Tencent. Qoo10’s founder believes the disruptive tech will give the online marketplace a competitive advantage over its cash-rich rivals.  Also read: The Saito Blockchain Game Engine Creates New Opportunities for Developers, Players Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Blockchain to Level the E-Commerce Playing Field According to Business Times, Qoo10 founder Ku Young…

Illicit Crypto Mining Operations Are Punishable by Fine or Imprisonment

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The secretary of Hong Kong’s Financial Services and the Treasury has stated that crypto mining operations are regulated by local trading law. His written response to Hong Kong’s Legislative Council was published on Wednesday, April 3. The Council has solicited information about the risks and fraudulent activities related to cryptocurrencies and underlying activity, such as mining. Moreover, the officials are interested whether mining is regulated under the Trade Descriptions Ordinance (TDO) — a bill passed in 2012 that prescribes penalties for unfair trading practices in Hong Kong. Secretary James Lau…

SEC Can’t Stop Ethereum (ETH) Sell-off, Asset Bearish Below $170

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Ethereum (ETH) prices steady but yet to clear $170 SEC new guidelines is massive for Ethereum (ETH) but sellers are back In an effort to improve and provide clarity on the legitimacy of cryptocurrencies, the SEC has released a new set of guidelines. One topic that has always dominated the discussion when it comes to the SEC and cryptocurrencies is ICOs. From the new guidelines the SEC seems to be accepting ICOs which it has previously seemed to be against. Price wise and Ethereum (ETH) bulls are in the forefront…

Bitcoin Cash Price Drops 10.7%

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Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. The bitcoin cash (BCH) price endured a significant correction on Thursday as the fifth-largest cryptocurrency dropped 10.7-percent from its session high. Top Cryptocurrencies Pull Back from Recent Highs The BCH-to-dollar…