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Citadel Ceo Denies Any Interest in Bitcoin; Market Remains Entirely Unfazed
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Citadel Ceo Denies Any Interest in Bitcoin; Market Remains Entirely Unfazed

Ken Griffin, founder and CEO of the Citadel hedge fund, is denying any interest in the cryptocurrency and even going so far as to call it “a solution looking for a problem.” His ill-informed criticism comes amid a wave of positive developments in the cryptocur...
Billionaire Investor Says Bitcoin Can Easily Reach $40k, Regrets Not Buying Earlier
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Billionaire Investor Says Bitcoin Can Easily Reach $40k, Regrets Not Buying Earlier

Billionaire investor Marc Lasry predicts that Bitcoin could go as high as $40,000 in a few years. Lasry believes rising adoption will make the top-ranked cryptocurrency easier to trade thus causing the price to skyrocket. MAINSTREAM ADOPTION WILL CATA...
Grayscale Investments’ $250m Record Shows Appetite for Bitcoin Is Growing
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Grayscale Investments’ $250m Record Shows Appetite for Bitcoin Is Growing

Barry Silbert’s Grayscale Investments has released an income report which defies the theory that lower Bitcoin prices mean less cash flowing into cryptocurrency.  WHO CARES ABOUT BITCOIN PRICES? In its Digital Asset Investment Report, Grayscale revea...
Russia: Bitcoin Owners and Miners Will Not Face ‘separate’ Tax Laws
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Russia: Bitcoin Owners and Miners Will Not Face ‘separate’ Tax Laws

Russia will subject owners and miners of cryptocurrency to all existing tax obligations from Autumn, authorities hinted July 18. AKSAKOV: NO ‘SEPARATE’ TREATMENT FOR CRYPTO Speaking to local news outlet Izvestia, Anatoly Aksakov, head of the financia...
Decentralised Capital Launches Australia’s First Cryptocurrency Vault
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Decentralised Capital Launches Australia’s First Cryptocurrency Vault

Blockchain and investment company Decentralised Capital has announced the launch of Australia’s first ever cold storage vault for digital assets. The vault was created in partnership with Custodian Vaults, a subsidiary of precious metals firm Pallion Group. ...
Concern Mounts Over Potential Crypto Exchange WEX Exit Scam
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Concern Mounts Over Potential Crypto Exchange WEX Exit Scam

Users are increasingly concerned that an exchange claiming to be based in Singapore is pulling an exit scam following suspicious trading activity and locked wallets that are now preventing all users from withdrawing funds. On July 11, CCN reported that BTC/...
Buy a Whole Bitcoin Before Buying Any Altcoins, Says Litecoin Creator Charlie Lee
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Buy a Whole Bitcoin Before Buying Any Altcoins, Says Litecoin Creator Charlie Lee

It’s common for longtime cryptocurrency investors to advise newcomers to invest heavily in bitcoin and — depending on their proclivity toward “Bitcoin maximalism — ethereum before investing in what many of them not-so-affectionately refer to as s–tcoins. What’...
SEC Shutters Kodak-Branded Bitcoin Mining Rig ‘KashMiner’
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SEC Shutters Kodak-Branded Bitcoin Mining Rig ‘KashMiner’

The developer behind the purported and much-publicized Kodak-branded bitcoin mining equipment has officially halted operations and has denied ties to Kodak. As CCN reported, KashMiner, a bitcoin mining equipment, was showcased at CES 2018 back in January by...
Mueller Indictment Fuels Opposing Claims About Cryptocurrency
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Mueller Indictment Fuels Opposing Claims About Cryptocurrency

The revelation that Russian hackers used bitcoin to fund their hacking operations during the 2016 election has led to two opposing claims about the nature of cryptocurrency. On July 13, Robert Mueller's team filed an indictment of 12 Russian intelligence ...
Brazilian Police Bust Gang Who Used Bitcoin to Launder Millions of Dollars
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Brazilian Police Bust Gang Who Used Bitcoin to Launder Millions of Dollars

Brazil’s Federal Police has recently arrested 12 individuals connected to a gang that allegedly used bitcoin to launder “millions of dollars” earned smuggling drugs into Europe, Asia, and Africa. According to local news outlet Folha de S.Paulo, the gang was...