Sunday, December 16Your Daily Bitcoin & Altcoin News Portal
New US Gov’t Task Force Highlights Digital Currency Fraud for ‘Particular Attention’

New US Gov’t Task Force Highlights Digital Currency Fraud for ‘Particular Attention’

BITCOIN
Please share if you find this article interesting. New US Gov’t Task Force Highlights Digital Currency Fraud for ‘Particular Attention’ Digital currency fraud will form one of the areas of “particular attention” for a new U.S. anti-crime task force with participation from several government bodies, according to an executive order issued July 11. The Task Force on Market Integrity and Consumer Fraud, which will have the U.S. deputy attorney general as its chair and associate attorney general as vice chair, seeks to “provide guidance for the investigation and prosecution of cases involving fraud on the government, the financial markets, and consumers.” The executive order outlining the taskforce highlights areas of particular attention as “digital currency fraud,” as well as fraud
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Crowdsale KYC is Fueling a Black Market for Fake ID – Bitcoin News

Crowdsale KYC is Fueling a Black Market for Fake ID – Bitcoin News

BITCOIN
Please share if you find this article interesting. Crowdsale KYC is Fueling a Black Market for Fake ID - Bitcoin News Services KYC for crowdsales was meant to add oversight and legitimacy to a largely unregulated space. Instead it’s left investors susceptible to data breaches, identity theft and blackmail. Given the hazards, it’s understandable that some ICO investors have resorted to buying fake ID. Also read: A BCH Fueled Version of Patreon is Coming This August KYC Has Created a Thriving Black Market for Fake IDs Buying fake ID is a rite of passage for teenagers desiring to be sold alcohol. But a new market for fake ID has sprung up on the web, whose buyers crave nothing more illicit than admittance to the latest crowdsale. Know Your Customer (KYC) requirements, which are
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Bitcoin Bull Move on Hold as Downside Risks Grow

Bitcoin Bull Move on Hold as Downside Risks Grow

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Bitcoin Bull Move on Hold as Downside Risks Grow Bitcoin (BTC) traded largely sideways over the last 24 hours, though a dip soon before press time may threaten a developing bullish chart pattern if the price moves below $6,000. BTC's drop below 10-day moving average (MA) on Tuesday neutralized the immediate bullish outlook and shifted risk in favor of a sell-off to $6,000. However, the cryptocurrency defended $6,300 yesterday amid intraday oversold conditions, establishing the round figure as a key short-term support. But, the resilience failed to entice bulls, rather a long liquidation (unwinding of long BTC trades) gathered pace, creating downside pressure on prices. Consequently, BTC fell to a low of $6,145 earlier today and w...
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Cartier Owner Richemont Plans to Track Diamonds With Blockchain

Cartier Owner Richemont Plans to Track Diamonds With Blockchain

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Cartier Owner Richemont Plans to Track Diamonds With Blockchain Richemont, the Swiss luxury goods giant that owns Cartier, is turning to blockchain in a move aimed to bring transparency to its supply chain. Jin Keyu, a renowned economist and an associate professor at the London School of Economics (LSE) who was appointed by Richemont as a board member last year, said during a speech at an event on Thursday that the luxury giant aims to use blockchain to control all the "parallel markets." "As Cartier's parent company, we [Richemont] have recently decided to start utilizing blockchain to trace the origin of diamonds, rocks and gold back to the mines or recycling factories. For all the watches we sell, we also hope to (use blockcha...
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Australia: Crypto Exchange Bitcoin.Com.Au Appoints Ex-Exec of Accounting Giant PwC as CEO

Australia: Crypto Exchange Bitcoin.Com.Au Appoints Ex-Exec of Accounting Giant PwC as CEO

BITCOIN
Please share if you find this article interesting. Australia: Crypto Exchange Bitcoin.Com.Au Appoints Ex-Exec of Accounting Giant PwC as CEO Australian cryptocurrency exchange bitcoin.com.au has appointed former consulting giant PricewaterhouseCoopers (PwC) executive Ben Ingram as its new CEO, Business Insider Australia reports today, July 12. Ingram held the role of director in charge of digital strategy at Big Four auditor PwC, leaving the company in March of this year. Business Insider Australia writes that Ingram’s work at bitcoin.com.au will include both improving the exchange’s trading functionality and focusing on expanding crypto-based financial products into the traditional market space. Ingram specifically mentioned instituting crypto investment products into areas lik
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Bitcoin in Brief Thursday: Crypto Phones, Spy Games, Binance CEO vs Vitalik – Bitcoin News

Bitcoin in Brief Thursday: Crypto Phones, Spy Games, Binance CEO vs Vitalik – Bitcoin News

BITCOIN
Please share if you find this article interesting. Bitcoin in Brief Thursday: Crypto Phones, Spy Games, Binance CEO vs Vitalik - Bitcoin News The Daily In today’s edition of Bitcoin in Brief we cover the development of two upcoming crypto phones, the involvement of cryptocurrency in cyber spy games, and why the Binance CEO came out against Etherum-founder Vitalik Buterin. We also cover the latest case of cryptojacking, this time inside a popular video game client. Also Read: Malta-Based Company Launches New Euro Backed Stablecoin, EURS Crypto Phones New details about two upcoming blockchain phones have come out in recent days. HTC, the Taiwanese company which is developing Exodus, has announced it is partnering with Cryptokitties to incorporate the game in its mobile devices
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Bitcoin Price Watch: BTC/USD Trend Overwhelmingly Bearish

Bitcoin Price Watch: BTC/USD Trend Overwhelmingly Bearish

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Price Watch: BTC/USD Trend Overwhelmingly Bearish Key PointsBitcoin price declined further and broke a key support at USD 6,300 against the US Dollar.There was a break below a contracting triangle with support at $6,310 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair is currently under pressure and it remains at a risk of more losses below $6,200.Bitcoin price dropped significantly below $6,300 against the US Dollar. BTC/USD is accelerating losses towards the next supports at $6,100 and $6,050.Bitcoin Price AnalysisBitcoin price started a short-term correction after trading toward the $6,280 level against the US Dollar. The BTC/USD pair moved a few points higher and traded above the $6,300 and $6,...
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Expert Bets $8.5 Million That Bitcoin Will Reach $280,000, Surpassing Birkshire

PRICE ANALYSIS
Please share if you find this article interesting. Expert Bets $8.5 Million That Bitcoin Will Reach $280,000, Surpassing Birkshire Though Bitcoins market price has been anything but inspiring of late, as it lingers at 70% below its all-time high, one wealthy Australian Bull still believes enough to put it up against Warren Buffets Berkshire Hathaway.Bitcoin Punter Puts up Against Berkshire HathawayOne of the land down under’s leading Bookmakers, Tom Waterhouse, tweeted That a well-known crypto expert ( who is choosing to remain anonymous) has requested a bet that by 2023 one Bitcoin will exceed the price of one share in Berkshire Hathaway. This well-known expert is showing a very bullish disposition as the amount of the requested wager is $AU8.5 million, which if it pans out will
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Ethereum Classic Price Analysis: Can ETC/USD Break This?

Ethereum Classic Price Analysis: Can ETC/USD Break This?

PRICE ANALYSIS
Please share if you find this article interesting. Ethereum Classic Price Analysis: Can ETC/USD Break This? Key HighlightsEthereum classic price declined recently and traded as low as $15.67 against the US dollar.There is a major bearish trend line formed with resistance near $16.35 on the hourly chart of the ETC/USD pair (Data feed via Kraken).The pair may perhaps struggle to break the $16.40 and $16.60 resistance levels in the near term.Ethereum classic price is in a bearish trend against the US Dollar and Bitcoin. ETC/USD has to surpass the $16.60 resistance to start a decent recovery.Ethereum Classic Price DeclineThere were heavy losses this week in ETC price as it moved below the $17.00 support against the US dollar. The ETC/USD pair even broke the $16.00 support and settled...
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Ripple Price Analysis: Can XRP/USD Recover Above $0.4500?

Ripple Price Analysis: Can XRP/USD Recover Above $0.4500?

PRICE ANALYSIS
Please share if you find this article interesting. Ripple Price Analysis: Can XRP/USD Recover Above $0.4500? Key HighlightsRipple price is trading in a range below a key resistance at $0.4500 against the US dollar.Yesterday’s highlighted major declining channel is still active with resistance at $0.4480 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair is likely to clear the $0.4480 and $0.4500 resistances as long as it is above $0.4380.Ripple price is consolidating in a tiny range against the US Dollar and Bitcoin. XRP/USD faces tough resistances near $0.4500 and $0.4520 for a decent recovery.Ripple Price ResistanceRecently, we saw a major downside move below the $0.5000 pivot level in Ripple price against the US Dollar. The XRP/USD pair tumbled and sett