Nasdaq-Listed Company Xunlei Faces Class-Action for Disguising ICO

Nasdaq-listed technology firm Xunlei has become the subject of multiple class-action lawsuits from investors who purchased the company’s digital token, Linktoken. Xunlei is accused of misleading investors to disguise an initial coin offering (ICO) through which Linktoken was distributed. Also Read: Survey: 89% of Visa, Mastercard, Unionpay Users Know Crypto – 53% Have Purchased Xunlei CEO […]
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Bitcoin Payments Are on the Rise in the Baltics

Cryptocurrencies are gaining popularity in the Baltic states where no comprehensive regulations have been introduced yet. Businesses from multiple sectors, including real estate, online trade, the hospitality industry, and even healthcare, are taking advantage of crypto payments. Some companies from the region are already offering their services globally.    Also read: Blind Denial of Cryptocurrencies […]
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‘Coindaddy’ Another Crypto-Rapper Rhymes About Bitcoin Life

Just last month news.Bitcoin.com chatted with the hip-hop artist ‘Lil’ Windex’ the Canadian rapper who made headlines last month for his rhymes about bitcoin cash. Now there is another rapper, from San Francisco, called ‘Coindaddy,’ an artist who has been coined a “Weird Al Yankovic” of cryptocurrency rap. Also read: An In-Depth Interview With Rob Hustle […]
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Robinhood App Expands Cryptocurrency Trading to Another US State

Two months after starting to roll out crypto trading, Robinhood has finally expanded the service to another American state. For now, it’s still supporting just bitcoin and ethereum, however the app is expected to add at least another fourteen cryptocurrencies eventually. Also Read: Crypto Funds Drop 29.2% in March Reveals Hedge Fund Data Specialist Robinhood […]
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Trading Sanctions Imposed on Tezos Co-Founder Amid FINRA Settlement

The Financial Industry Regulatory Authority (FINRA), has taken action against Tezos co-founder Arthur Breitman. The Wall Street regulator has fined Mr. Breitman $20,000 USD, banning Tezos from associating with broker-dealers for two years. It’s part of a settlement following FINRA’s accusations that the crypto company’s co-founder made false statements regarding the project whilst employed at […]
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Saxo Investment Bank is Bullish on Crypto Over Next 3 Months

Influential investment bank Saxo released the 35 page, Q2 2018 Quarterly Outlook. In it, the bank’s newly hired Crypto Analyst, Jacob Pouncey, noted the perils of this year’s first financial quarter with regard to digital assets. Taking into account several factors, he believes the next three months could be a breakout time for digital assets, holding […]
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Revealer Card Visually Encrypts a Cryptocurrency Seed Phrase

A new startup called Revealer is on a mission to create sound backup solutions for cryptocurrency mnemonic phrases and seeds. Just recently the company launched its first product dubbed ‘Revealer Zero’ – a small card system that visually encrypts and decrypts digital currency seed phrases or any alpha-numerical secret. Also read: German Cops Look Hard at […]
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Korean Customs Service Toughens Regulations on Importing Mining Chips

The Korean Customs Service has added cryptocurrency mining hardware to its list of items required to meet safety requirements in order to be imported into the country. The announcement comes following a $1.2 million USD seizure of mining hardware in recent months, prompting concerns over the potential for poorly manufactured hardware to increase fire risks […]
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Taiwan Mining Chip Manufacturer Sees Record Sales Amid BTC Bounce

The world’s largest independent semiconductor manufacturer, Taiwan Semiconductor Manufacturing Company (TSMC) has reported record sales during  March 2018. TSMC’s president has attributed the company’s performance in part to demand for the hardware required to mine cryptocurrencies. Also Read: Bitcoin Cash Smashes Through $1,000 USD  World’s Largest Semiconductor Manufacturer Reports Record Sales During a recent shareholder conference […]
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No, Visa Doesn’t Handle 24,000 TPS and Neither Does Your Pet Blockchain

When it comes to measuring the speed of new blockchains, the comparison is always with Visa. Despite not being a blockchain, the 24,000 transactions per second Visa reportedly handles have attained mythical status. That figure is unquestioningly trotted out whenever scaling is discussed. In reality, claims of Visa’s throughput, as well as those of emerging […]
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