More digital currency snags as two notorious Arizona Men that operated a $1,000,000 USD cryptocurrency Ponzi business are under arrest for promoting illegal activities. Tokens are gradually becoming a common practice in the sports sector globally, and since we have had bad players in this nascent field, this scam doesn’t come as a surprise to many.
The Russian entrepreneur who is also the CEO of Telegram Group Inc., Pavel Valerievich Durov, fended off hearsay from the attorney of the United States SEC – an agency responsible to put the federal laws into practice, and also monitor and regulate electronic securities in the US - that his firm’s 2018 cryptocurrency sale was done to top-up its cash reserves.
One superb Chinese online author identified as Chen Hongyan aka Lingchen has developed a practice in her innovative method of frequently uploading and storing her literary works onto a tamper-proof blockchain-powered store. When she uploads a piece of work, she by design gets a series of data as the digital ID for the work.
Cloud mining provides an established system to mine a digital asset like Bitcoin, Ethereum, Ripple, etc. without installing all the hardware and other necessary equipment. There are some firms which enable people to create accounts with them and go ahead to take part in the practice of mining for a simple cost. The practice enables the process to be globally accessible by massive participants. There are so far 3 models including hosted, virtual host and leased hashing power.
Colorado's Department of Regulatory Agencies (DORA) has unveiled plans to evaluate 3 cryptocurrency-based companies hosting "unregistered ICOs" in the United States as part of continuing investigation into a practice being applied by phony firms to defraud people.
As the practice of the last few years has shown, the powerful potential that the crypto currencies are endowed with, allows us to ensure decentralization and security of money operations in the modern world. But nowadays there is still no single currency that could be considered universal in the mass market and unite a multi-million audience in the global community.
BitsGap has just announced the formal release of the beta version of its intuitive crypto trading platform. The platform offers extraordinary features to support trading via many different crypto trading platforms, utilizing just one interface and will be useful to both newbies as well as experienced traders.
Retailers in countries experiencing currency devaluation and cash scarcity are forced to conquer the markets of other countries, using Bitcoin for selling local goods that are ready for shipping worldwide. A reseller of Mercedes-Benz from Venezuela began this practice too and tells his story to CoinIdol.com News Outlet.