Victims of an alleged cryptocurrency mining scam have filed claims against the suspected perpetrator with the Technology Crime Suppression Division in Thailand, the Bangkok Post reports on Feb. 18. Per the report, 30 people have filed a complaint with police, stating that they were fooled into an alleged investment scam called “CryptoMining.Farm.” This purportedly led
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Russia’s third-biggest bank by assets Gazprombank has elected to freeze the bank accounts belonging to Venezuelan state oil firm Petróleos de Venezuela, S.A. (PDVSA), Reuters reports. Citing sources, the report indicated that the state-owned lender did so to lower its risks of coming under U.S. sanctions. Alongside China, Iran, Turkey and other countries, Russia is
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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. CNBC commentator and CEO of digital currency investment firm
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The Iota Foundation, the company behind the cryptocurrency Iota (MIOTA), announced its partnership with startup incubator Nova through a press release shared with Cointelegraph on Feb. 18. According to the release, the partnership aims to fund new startups employing Iota’s platform through the “Iota Cofoundery” program on Nova’s website, which focuses on the early stages
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Billionaire investor and known Bitcoin (BTC) bull Tim Draper argued that in five years, only criminals will use fiat as crypto becomes universally widespread. Draper made his claims in an interview with American financial news tv channel Fox Business released on Feb. 18. Reiterating his previous statements predicting that fiat money will become laughable and
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When “liking” your favorite tweet isn’t enough, you can now send small bitcoin transactions. Announced Saturday, the beta app Tippin has released a new Chrome Extension available to Google browser users. Over Twitter, app users can send bitcoin payments via the Lightning Network, considered a way to make bitcoin transactions feasible at a large scale for
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Controversially self-proclaimed “Satoshi Nakamoto” and nChain chief scientist Craig Wright has reportedly submitted two near-identical comment letters to the United States Commodity Futures Trading Commission (CFTC). Wright filed his two documents on Feb. 15 in response to the agency’s request for industry input and feedback on Ethereum (ETH)’s mechanics and market. The closing deadline for
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Blockchain data platform Streamr has officially released a new open-source ethereum scaling technology called Monoplasma. Inspired by a pre-existing scaling solution called plasma, Monoplasma is different in that it focuses specifically on “one-to-many payments” in which users would need to “repeatedly distribute value to a large and dynamic set of ethereum addresses,” explained Henri Pihkala, CEO of
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Afri Schoeden, release manager at blockchain infrastructure firm Parity Technologies, has withdrawn from social media amid a spate of infighting in the Ethereum (ETH) community. In a tweet posted on Feb. 17, Schoeden stated that “until further notice […] I will no longer respond on Gitter, Skype, Discord, Slack, Wire, Twitter, and Reddit.” Parity Technologies
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View Bitcoin jumped to one-month highs earlier today, validating the falling wedge breakout seen in the 4-hour chart on Friday. The outlook as per the daily chart remains neutral, as the cryptocurrency is still trapped in a symmetrical triangle. That said, a break above the upper edge of the triangle, currently located at $3,760, looks
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