ETH SCAM: $10.6m disappears from gas guzzling Ponzi scheme #ETC #Ponzi #Ethereum https://micky.com.au/eth-scam-10-6m-disappears-from-gas-guzzling-ponzi-scheme/
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Showing posts from September, 2019
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Lightning Network growth continues despite recently revealed payments bug The Lightning Network continues to grow despite ongoing criticism and the disclosure of a critical vulnerability. A bug report published by Blockstream developer Rusty Russell provided details on a critical vulnerability that could have allowed bad actors to steal their targets’ bitcoins.
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US congressional candidate seeks to raise $1 million in crypto Bacelar is running as a Democratic candidate for Congress in the San Francisco CA-12 district, historically dominated by incumbent Democrat and House Speaker Nancy Pelosi. The congressional hopeful is looking for major funding from cryptocurrency proponents with an ambitious goal to raise US$1 million in crypto.
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ShapeShift CEO: '20 years from now fiat currencies will be mostly gone' In a recent Off The Chain podcast with Anthony Pompliano, Erik Voorhees, Founder & CEO of ShapeShift, discussed what lies ahead for fiat currencies, his opinion on regulations, KYC and AML, how Bitcoin is gradually becoming popular, and Bitcoin taking over the entire financial system.
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Is Venezuela hoarding Bitcoin and Ethereum? The amount or origin of PDVSA crypto holdings is unclear, though it is likely that historical sales were made in cryptocurrency to bypass United States and international sanctions that severely limit international trade and participation in global financial ecosystems.
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A new weapon in the fight against Bitcoin-ransoming malware Over two years on from the initial outbreak, WannaCry ransomware is still infecting victims – and some people are still paying the ransom in a futile effort to retrieve their encrypted data. Now, however, there is a free tool that can help victims retrieve their data. Cybersecurity firm Emsisoft has released a solution for Bitcoin (BTC)-demanding ransomware WannaCryFake.
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The latest fake Satoshi sighting has all the makings of a Hangover spoof as the creator of Bitcoin appears to be hanging out with world leaders at a temple in Thailand. Thailand news source WEB-DL reports that world leaders, including U.S. President Donald and Russian Prime Minister Dimitry Medvedev, were spotted at the Wat Phra Dhammakaya temple in Bangkok, Thailand with none other than Satoshi Nakamoto.
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These dead and dying cryptocurrencies are still worth millions According to CoinCodeCap, more than 640 cryptocurrencies failed to publish any code in 2019. It added that the combined market cap of these ‘ghost coins’ is over $400 million. “Other than these assets we also have a Scam coin list on our CoinCodeCap website. If we also consider them, then the overall valuation will cross $1 billion,” the report added.
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PR: “King of the Ring” Roy Jones Jr. Signs On As Newest Fight To Fame Champion Fight To Fame, the first blockchain-based, globally integrated platform paving a new path to fame for fighters around the world today announces the addition of one of the most celebrated and iconic boxers of our time, Roy Jones Jr., as a Champion and mentor to competitors.
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Call for expressions of interest in Horizon State software Following the collapse of prominent Australian blockchain project Horizon State, administrators for the company wish to distribute the following press release... https://micky.com.au/call-for-expressions-of-interest-in-horizon-state-software/
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Data from Coin ATM Radar shows that the number of Bitcoin ATM installation across the globe has grown by more than 625%. The latest data reports that 5,485 machines have been installed worldwide as of September 1, 2019, compared to just 755 by the same date in 2016. https://micky.com.au/bitcoin-atm-news-installations-up-more-than-600-in-three-years/
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PR: Bankera launches a global crypto-backed lending solution The team behind Bankera, which is building the bank for the blockchain era, has announced the release of its very own lending solution – Bankera Loans. The solution aims to provide flexible and secure crypto-backed loans to cryptocurrency holders globally starting from as low as 100 EUR up to as high as 1M EUR. https://micky.com.au/bankera-launches-a-global-crypto-backed-lending-solution/
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US Congress and the SEC ready to get serious about crypto? According to the memo from the Committee on Financial Services of the U.S. House of Representatives, there will be hearing on the SEC’s oversight role over the country’s financial market. Top on the crypto-specific agenda for the hearing is the application of securities law to cryptocurrency tokens. The SEC under its chairman Jay Clayton has consistently maintained that most cryptos are securities. https://micky.com.au/us-congress-and-the-sec-ready-to-get-serious-about-crypto/
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On Wednesday, former Overstock CEO Patrick Byrne published a blog post detailing his desire to invest in gold, silver, and two cryptocurrencies by Friday. As regulatory filings reveal, Byrne will receive $90 million for cashing out his company shares. The cash-out began Monday after a 65% surge in the company’s stock price the previous Friday (Sept 13). His investments in gold and crypto are a means to protect himself from “acts of retaliation from the Deep State.” https://micky.com.au/overstock-founder-invests-in-crypto-to-protect-against-the-deep-state/
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Arab Bank Switzerland, a Zug-based financial services firm that functions as a bridge between the Arab and Western world, has inked a strategic partnership with Taurus Group. This partnership will enable the bank to offer cryptocurrency custodial and brokerage services to its wealthy clients. https://micky.com.au/second-swiss-bank-jumps-on-bitcoin-bandwagon/
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The body of William Creighton, the founder of online sportsbook 5Dimes, has been found a year after he was abducted in Costa Rica. Though his family paid a $1 million Bitcoin ransom, Creighton’s abductors cut off contact and he was never released. https://micky.com.au/bitcoin-ransomed-bookie-found-dead-in-costa-rican-graveyard/
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After more than a year of trying to gain the approval of the U.S. Securities and Exchange Commission (SEC), the Chicago Board Options Exchange’s (CBOE) BZX Equity Exchange has withdrawn its VanEck SolidX Bitcoin ETF application. https://micky.com.au/vaneck-solidx-bitcoin-etf-proposal-withdrawn-ahead-of-october-sec-deadline/
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When Bitcoin and other cryptocurrencies were rising in value and public awareness, many banks and other financial giants expressed contempt, saying virtual currencies were vulnerable to price manipulation as well as being a conduit for money laundering. Now, executives at JPMorgan Chase are being charged with the very thing they’ve accused the cryptocurrency ecosystem of, albeit in regards to precious metals. https://micky.com.au/oh-the-irony-jpmorgan-chase-traders-charged-with-market-manipulation/
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Wells Fargo, one of the biggest U.S.-based financial institutions, has revealed its plans to launch an internal cryptocurrency, called Wells Fargo Digital Cash, on its own distributed ledger technology (DLT) platform. https://micky.com.au/wells-fargo-to-launch-us-dollar-pegged-stablecoin-cryptocurrency/
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In April 2018, the Reserve Bank of India (RBI) banned Indian banks from doing business with crypto-related businesses. Now, a bill proposing a complete ban on cryptocurrency is being decided upon and opponents of the bill say that, should it pass, the damage to the country’s economy would be immense. https://micky.com.au/proposed-crypto-ban-could-cost-indias-economy-billions/
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At a recent conference, a U.S. Treasury official spoke about the dangers of Bitcoin being used by terrorists. Ironically, she inadvertently countered her own argument, admitting that most acts of terrorism are funded by cash, not crypto. https://micky.com.au/us-treasury-official-admits-terrorists-still-mostly-rely-on-cash-not-crypto/
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The Libra Association – the non-profit organization behind Facebook’s Libra – has announced it is seeking to apply to become a licensed payment system under the Swiss Financial Market Supervisory Authority (FINMA). https://micky.com.au/facebooks-libra-seeks-approval-clarity-from-swiss-financial-regulator/
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Global crypto exchange giant Coinbase has announced a new fund to invest in the decentralized finance (DeFi) ecosystem. The USDC Bootstrap Fund will be backed up by the stablecoin the firm launched in 2018 with partners at Circle. https://micky.com.au/coinbase-invests-in-emerging-defi-ecosystem-with-2m-usdc-fund/
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In the wake of hurricane Dorian, stablecoins issuer Tether has pledged to donate $1 million to support the victims of the powerful category 5 storm that devastated much of Abaco and the Grand Bahama islands. https://micky.com.au/tether-donates-1-million-to-help-victims-in-hurricane-dorian-ravaged-bahamas/
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Veteran Hollywood actor Wesley Snipes is collaborating with Liechtenstein Cryptoassets Exchange (LCX) to organize a security token offering for his $25 million movie fund dubbed the Daywalker Movie Fund (DMF). https://micky.com.au/actor-wesley-snipes-to-launch-25-million-tokenized-daywalker-movie-fund/
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On September 5, an unknown party transferred more than $1.01 billion in Bitcoin in a single transaction. With a fee of just 0.000069%, the transaction illustrates once again how Bitcoin may be a better option for remittances than more traditional means. https://micky.com.au/1-01-billion-transfer-shows-bitcoin-better-for-remittances-than-fiat/
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