Crypto News 

Inside the Wild West of a cryptocurrency awards show, where people wondered if they were being scammed and the police kept stopping by

“We’re at the Crypto Influencer Awards Summit, which is taking place as a part of New York’s blockchain week in lower Manhattan” writes Zo Bernard for businessinsider.com. “I made the cryptocurrency influencer website so that we could point out the influencers people can trust online so that they don’t get scammed.”.  Source: businessinsider.com Share This:

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Crypto News 

Crypto in the City: Does NYC Have What it Takes to Become a Blockchain Hub?

“However, after the first 22 applications were sent in, it became clear that the license was too expensive for most blockchain startups” reports financemagnates.com. They finally understand what it is, and will launch their own blockchain center.” Still, the question remains: “when will they let private entrepreneurs back in the game?”. However, the need for regulation of the blockchain industry in New York and in the rest of the United States remains.The exchange was intended to attract blockchain firms who were interested in operating within the law, and to push…

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Crypto Markets News 

A federal prosecutor appointed by George W. Bush has been hired by crypto exchange Kraken …

“Kraken made headlines recently for refusing to participate with the New York Attorney General’s April inquiry into cryptocurrency exchanges” writes Frank Chaparro for businessinsider.com. The San Francisco-based firm has hired Mary Beth Buchanan, a former federal prosecutor appointed by President George W. Bush, as its general counsel.The AG’s office asked 13 cryptocurrency exchanges, including Kraken, to share information regarding market manipulation and investor protections.Outside of the AG’s inquiry, a number of legal question hang over cryptocurrency exchanges, incuding how they should be regulated. Source: businessinsider.com Share This:

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Crypto Markets News 

Sources: DOJ and CFTC have opened a criminal probe into alleged market manipulation of bitcoin and other cryptocurrencies

“The Winklevoss twins, who are known for getting rich off Facebook Inc., hired Nasdaq Inc. last month to conduct surveillance of digital coins trading on their exchange, Gemini Trust Co” writes Matt Robinson Tom for bloomberg.com. Still, digital coins continue to be a global investment craze, drawing legions of loyalists to industry conferences, generating celebrity endorsements and increasingly attracting the attention of Wall Street.Another Says That’s Mind Control Some market participants have alleged that crypto manipulation is rampant. Source: bloomberg.com Share This:

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Crypto Markets News 

U.S. Launches Criminal Probe into Bitcoin Price Manipulation

“The Winklevoss twins, who are known for getting rich off Facebook Inc., hired Nasdaq Inc. last month to conduct surveillance of digital coins trading on their exchange, Gemini Trust Co” writes Matt Robinson Tom for bloomberg.com. Still, digital coins continue to be a global investment craze, drawing legions of loyalists to industry conferences, generating celebrity endorsements and increasingly attracting the attention of Wall Street.Another Says That’s Mind Control Some market participants have alleged that crypto manipulation is rampant. Source: bloomberg.com Share This:

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Crypto Markets News 

Crypto market is absolutely irrelevant to the global financial world. Academics highlight its cult-like nature

“The cryptocurrency market is still in its infancy” reports financefeeds.com. The very niche nature of the cryptocurrency market inevitably makes prices heavily influenced by demand pressure, which in turn is fueled by how much cryptos are perceived as an actual investment and legitimate concerns about safety and frauds. Source: financefeeds.com Share This:

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Crypto News 

Day 1 Recap of iFX EXPO: Regulation, Crypto Industry Takes Center Stage

“In particular, the CEO panel discussion during the morning also reiterated the need for compliance and regulation” reports financemagnates.com. With a packed convention hall full of exhibitors, IBs, brokers, and tech providers, the iFX EXPO helped address a number of key issues facing the financial services industry.The afternoon was highlighted by a discussion from executives about the trading industry and what exactly clients are looking for. Source: financemagnates.com Share This:

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Crypto Markets News 

Circle Invest makes it ridiculously easy to invest in cryptocurrencies

“Circle Invest, a new product by peer-to-peer payments company Circle, makes it incredibly easy to do so” writes Stan Schroeder for mashable.com. So, to buy a $1,000 worth of crypto through Circle Invest, you’ll first have to pay a $10 fee.This upcoming coin is not currently part of Circle Invest, but the company plans to make it a key part of its product portfolio.You type in the number of USD you’d like to invest, and with a tap Circle Invest automatically spreads that investment across those seven cryptocurrencies, based on…

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Crypto News 

CoinJanitor and Deadcoins.Com Join Forces to Clean…

“Making CoinJanitor More Efficient with Data from Deadcoins.com As a result, CoinJanitor will be more effective and more efficient in its effort to clean up crypto” reports livebitcoinnews.com. This relationship between CoinJanitor, Deadcoins.com, will allow users and community members to: Deadcoins.com and its community will play a crucial role in CoinJanitor’s cleaning efforts.When coins die, CoinJanitor cleans them up and now it will do so with the assistance of Deadcoins.com, the most comprehensive data source on dead coins.Both CoinJanitor and Deadcoins.com are committed to making this happen and to continue…

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Crypto News 

Coinbase has a much bigger plan than just pocketing fees from bitcoin trading

“We are very focused on the establishment of the crypto economy” writes -adam White for cnbc.com. “We don’t see ourselves as a crypto exchange,” said Coinbase president and COO Asiff Hirji.With $150 billion in assets across more than 20 million customers, and 2017 revenue reported at $1 billion, it’s plowing money back into a master plan to stay ahead in a much larger cryptocurrency economy.As one of the biggest digital currency platforms, Coinbase was in the right place at the right time as the price of bitcoin skyrocketed in 2017,…

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