Crypto-Stealing SIM Swapper Pleads Guilty, Gets 10 Years in Prison

Joel Ortiz, a college student who allegedly stole cryptocurrency worth over $5 million, has pleaded guilty and accepted a 10-year prison sentence. Ortiz was arrested last year and accused of hijacking the phone numbers of around 40 people. He is now the first person to be sentenced for the crime, commonly known as SIM swapping. […]

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Fidelity Announces Institutional Crypto Platform is in ‘Final Testing’

Fidelity has published an update announcing that its highly anticipated cryptocurrency exchange and custody platform, Fidelity Digital Asset Services (FDAS), has entered its “final testing” phase. The financial services provider also stated that it is exclusively serving a “select set of eligible clients” while developing the platform. Also Read: Properties Are Still Being Sold for Cryptocurrency […]

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Wyoming Senate Passes Bill Recognizing Cryptocurrency as Money

Wyoming Senate Passes Bill Defining Cryptocurrency as PropertyThe Senate of the U.S. state of Wyoming has passed a bill which defines cryptocurrency as property and establishes rules including for allowing banks to provide crypto custodial services. For secured transactions, however, the bill recognizes cryptocurrency as money subject to some of the same rules as money in the state. Also read: Indian Supreme Court Moves […]

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Litecoin Price Surpasses $33 yet Needs to Find Stable Support

TheMerkle Litecoin Price 240As most people keep a close eye on the current cryptocurrency market momentum, interesting things will happen sooner or later. For those people who like to watch the Litecoin price charts, the current momentum will be a welcome sight first and foremost. Although this uptrend seemingly won’t last all that long, every brief spell of positive momentum is welcomed with open arms. Litecoin Price Starts Moving up Again Although the value of Litecoin primarily hinges on what happens to Bitcoin, it seems this symbiotic relationship works in favor of the altcoin sometimes. In the case of Litecoin, there is a

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Over 50 Bitcoin ATMs Operate Legally in Russia, Study Finds

Over 50 Bitcoin ATMs Operate Legally in Russia, Study FindsAt least 51 cryptocurrency ATMs operate in compliance with the current regulations in Russia, estimates a new report. According to the study produced by the country’s crypto industry association, the average monthly turnover of each of these teller machines is around $27,000. Also read: Crypto Startups Push Swiss VC Investments to a Record $1.25B Most […]

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CoinmarketCap Comes Under Fire for not Removing Exchanges Allegedly Faking Trading Volume

TheMerkle Fake Bitcoin Gold WalletThere appears to be growing dismay regarding the way CoinMarketCap works. Albeit this platform is already under fire for not reporting the correct circulating supply of multiple currencies, their “refusal” to remove known fake volume exchanges isn’t helping matters much. It seems that latter aspect has sparked a new debate on Reddit as of late. CoinMarketCap Faces More Scrutiny Over the past few months, there seems to be a growing sense of discontent where the Coinmarketcap platform is concerned. This website was primarily designed to track as many different cryptocurrencies, tokens, and assets alike. Moreover, it also keeps track of

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South Korea Updates ICO Stance After 3-Month Investigation

South Korea Updates ICO Policy After 3-Month InvestigationThe South Korean government has updated its stance on initial coin offerings (ICOs) as well as announced the results of its 3-month investigation of ICO activities carried out by Korean companies. The government found that many companies have bypassed its ICO ban and conducted token sales overseas. Also read: Indian Supreme Court Moves Crypto Hearing, Community […]

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Binance Coin Price Shows Bullish Trend as Top Markets Struggle

binance prAs was to be expected prior to heading into the weekend, most of the top markets have turned bearish once again. This cycle has repeated itself quite regularly over the past few months. One notable exception is Binance’s own token. The Binance Coin price has risen by 5% over the past few hours, effectively bucking the overall market trend. Binance Coin Price Momentum is Intriguing To put the current crypto market momentum into perspective:: no one should expect surprising uptrends for the foreseeable future. All markets seem to follow Bitcoins pattern once again, although it remains to be seen why

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Using The Blockchain To Crackdown on Healthcare Fraud, One Iris-Scan at a Time

healthcareAmericans everywhere are feeling the effects of rising healthcare costs, which in many instances have risen at a faster rate than the average income. There are unfortunately many unavoidable reasons for this, including increasing rates of chronic diseases like diabetes that account for the vast majority of care expenses. However, there are also preventable factors that are leading to rising healthcare costs, and one in particular is costing Americans billions each year: fraud. The National Health Care Anti-Fraud Association (NHCAA) estimates that the financial toll of healthcare fraud accounts for tens of billions of dollars each and every year. Healthcare

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Crypto Startups Push Swiss VC Investments to a Record $1.25B

Crypto Startups Help Push Swiss VC Investments to a Record $1.25BStartups based in Switzerland have attracted a record amount of venture capital in 2018 and companies from the cryptocurrency industry have contributed to the notable increase. Zug, which is home to the country’s Crypto Valley, is among the cantons with the highest growth in investment volume, a new report reveals.   Also read: Crypto Mining […]

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