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Singapore’s MAS Shuts Down ICO and Forces It to Refund Investors – The Merkle

Regulators continue to pressure cryptocurrency exchanges and initial coin offerings. This is only normal, as these new industries present many opportunities but also pose major challenges. The Monetary Authority of Singapore is cracking down on problematic ICOs. So much, in fact, that one particular project was forced to return its funds to Singaporean investors. Another ICO Goes Awry Over the past few months, ...

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What Is Bitcoin Incognito Cryptocurrency? – The Merkle

For those people who can’t get enough Bitcoins in their life, a new option is emerging. Known as Bitcoin Incognito, it is another attempt at fixing some of the glaring issues which Bitcoin presents. Whether or not this new fork will succeed is unclear, but more competition isn’t necessarily a bad thing. Anonymity and Bitcoin in one Package One of the ...

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Currency Drops to $7,300 – The Merkle

At press time, bitcoin is trading for just over $7,300. This is a near $200 drop over the last 24 hours, and the bears are still having their way. The current sentiment is that bitcoin could fall to as low as an even $7,000 over the next few days. The currency has been dropping gradually since Sunday May 13, after ...

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OneCoin Activity in China Has Resulted in Nearly 100 Arrests Since 2017 – The Merkle

It has been a while since we last heard anything about OneCoin. Although this blatant pyramid scheme is still active, it seems the regulatory crackdown is not slowing down in the slightest. In China, nearly 100 individuals are being prosecuted for promoting the OneCoin pyramid scheme, and that number may rise. The OneCoin Cancer Needs to be Removed Anyone who has ever ...

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British Company Successfully Trademarked the Term ‘Bitcoin’ – The Merkle

Trademarks and patents are often frowned upon in the world of cryptocurrency. This decentralized technology is designed to be free and open to everyone. As such, trademarks and patents can cause a lot of unnecessary hindrances. In the United Kingdom, one company successfully trademarked the word ‘Bitcoin’. A Trademark With Major Implications Trademarking a commonly used term is not all that straightforward. ...

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Tokenizer Simplifies the Process of Investing in Blockchain Startups – The Merkle

Hong Kong. May 27, 2018. Owing to the fact that it has become more and more difficult to purchase tokens from top notch Blockchain projects Tokenizer Cryptocurrency Solutions Limited has implemented their own solution – an online platform designed to help make this process easier. This platform is geared towards global investors, helping them to tap into an ever-growing crowd ...

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Tron Founder Aims to Decentralize the Internet by Acquiring BitTorrent – The Merkle

Tron has been one of the more successful cryptocurrency projects over the past year. Despite not having launched a main net, the hype and expectations associated with Tron are very real. It now appears the founder of this cryptocurrency project is looking to buy BitTorrent Inc. That is a rather intriguing development, and a very strange decision by Justin Sun. Tron ...

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Blockchain Startup Hi Mutual Society Rolls Out Three Decentralized Mutual Support Insurance Products – The Merkle

In modern society, insurance is almost a fundamental requirement for a human being; financially protecting oneself against risk or illness is essential. However, the present industry is making vast sums of money while providing low standards of service. Disclosure: This is a Sponsored Article Traditional centralized insurance systems suffer from a few issues that are cause for concern in the ...

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Coinbase Rebrands GDAX to Coinbase Pro With Added Features – The Merkle

Coinbase has announced the launch of Coinbase Pro, the rebranded version of GDAX, which the San Francisco-based exchange describes as easier to use and more intuitive. The announcement was made in a blog post and was later confirmed by the company’s president and COO, Asiff Hirji, in an interview with CNBC. David Farmer, the new general manager of Coinbase Pro, described the move as ...

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Millennials Will Never Recover From 2008 Financial Crisis, Student Loans Worsen the Issue – The Merkle

According to a study released by the Federal Reserve Bank of St. Louis entitled “A Lost Generation”, millennials will never be able to recover from the Great Recession and the 2008 financial crisis. The Fed stated that families headed by someone born in the 1980s have net worths that are 34 percent lower than expected. The report read: We found that typical families headed by ...

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