Jim Cramer, host of CNBC’s Mad Money, argued that Bitcoin may have reached its peak. His comments come as the cryptocurrency market dropped below $200 billion in value, with Bitcoin struggling with the $6,000 mark. In June 2018, the former hedge fund manager said the leading virtual currency could eventually be worth $1 million one …

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Even as bears fatten, there is some good news for Stellar Lumens holders. It is now the fifth largest coin by market capitalization and the most stable coin in the last week shedding 13 percent. This is definitely a huge boost for coin holders and as more mainstream companies eye the efficient platform, we might …

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Earlier Tuesday, the U.S. Securities and Exchange Commission announced that it had obtained permanent officer-and-director and penny stock bans against Tomahawk Exploration founder, David T. Laurance, who has also been accused of violating federal securities laws in connection with the fraudulent Tomahawkcoin ICO. According to the order, the Tomahawkcoin ICO, which was launched in July 2017, …

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Bitcoin will continue to fall, because “there’s just no value there,” former PayPal CEO Bill Harris told CNBC on Tuesday. div > div.group > p:first-child”> “The cult of bitcoin [makes] many claims — that it’s instant, free, scalable, efficient, secure, globally accepted and useful — it is none of those things,” Harris said on CNBC’s …

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Hawaiian Electric, Maui Electric and Hawaiʻi Electric Light reports that scammers are targeting customers, and the latest surge of callers are threatening businesses with immediate disconnection if they don’t get paid in the digital currency known as bitcoin. Like virtually all other U.S. utilities, the Hawaiian Electric Companies do not accept bitcoin as aform of payment. Earlier …

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Marijuana culture media group High Times Holding Corp. has decided not to accept Bitcoin (BTC) in its initial public offering (IPO), according to an August 13 filing with the U.S. Securities and Exchange Commission (SEC). The decision runs counter to the company’s Aug. 3 announcement, where it stated it will accept cryptocurrencies in order to attract investors. In the beginning of August, …

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Hungary is reportedly working on a regulatory framework for cryptocurrencies but doesn’t consider them a legal tender yet. The country’s current legislation imposes steep taxes, making it a fairly unwelcoming territory for cryptocurrency investors. Not Legal Tender Citing a written statement of the country’s Finance Ministry, local Hungarian media Portfolio reports that Bitcoin and other …

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[unable to retrieve full-text content] Mysterious Letter Demanding Bitcoin Is Scam: DA’s Office  Patch.com Full coverage Source link

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A group of researchers claims to have have hacked the Bitfi wallet, the Next Web reported August 12. Bitfi’s executive chairman, cybersecurity pioneer John McAfee, has called it “the world’s first unhackable device.” To prove his claim, McAfee challenged security experts to breach the device for a $100,000 bounty starting July 24. Bitfi is a physical device, or hardware wallet, …

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New York-based provider of enterprise blockchain technology Axoni has completed a $32 million Series B funding round, bringing total funding up to date to upwards of $55 million. Axoni Boosted By Lucrative Partnerships Axoni, a New York-based company specializing in the delivery of distributed ledger infrastructure to many of the world’s leading financial institutions, announced …

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