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Senate of Nigeria Launches Probe of Bitcoin Trading in the Country

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Nigeria is known to have one of the biggest and fastest growing bitcoin markets in the whole of Africa. The authorities in the country have apparently caught wind of this and now want to examine the phenomena and decide what they can try and do about it. Also Read: Bitcoin Tax Reporting Software Developer Node40 … Read more

The Bee Token Crowdsale Stung by $400k Phishing Scam

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The Bee Token, 2018’s most eagerly anticipated and oversubscribed ICO, has had a disastrous start to its crowdsale. Over 100,000 people had applied to be whitelisted, and the anticipation in the group’s Telegram channel was palpable. The moment the public sale launched on Monday, everything fell to pieces as phishing emails successfully stole over $400,000 … Read more

Benebit ICO Does a Runner with $2.7 Million of Investor Funds

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Benebit, one of this year’s most hyped ICOs, has pulled an exit scam, making off with a reported $2.7 million of investor funds. Other estimates put the figure as high as $4 million. The fraud only came to light after someone noticed that the team photos had been stolen from a school website. Once the … Read more

Trend Analysis Reveals the Most Loved and Hated Cryptocurrencies

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For investors trying to predict market movements, the more data that can be analyzed the better. Trend analysis and fundamental analysis are a starting point, but there are other clues scattered across the web which lie outwith conventional search parameters. One of these, social analysis, involves discerning the general sentiment towards cryptocurrencies on public networks … Read more

Six Ways to Ruin Your ICO Before It’s Even Started

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ICOs are like weddings: months of planning comes to one big day. If the event goes off without a hitch, it will bring in a lot of money. But with the world watching, the stakes are high. One slip and you risk losing it all: the bouquet, the immaculate wedding dress, and the $20 million … Read more

Telegram Followers – The New Metric for Cryptocurrency Success

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Cryptocurrencies are gauged by the size of their market cap. It’s a crude reckoner, but it’s good enough for most purposes. But what about projects that have yet to issue their coins or host their token sale? Increasingly, investors are turning to one metric that’s hard to fake and indicative of widespread support – Telegram … Read more

Kodak Getting Into Bitcoin Mining

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Kodak, a legacy photography company synonymous with the last century, is to launch its own cryptocurrency, Kodakcoin. Not content with holding an ICO, the company has also decided to get into cryptocurrency mining in what’s been interpreted as a desperate bid to stay relevant. The news, unveiled at CES 2018 on Wednesday, goes down as … Read more