Bitcoin Funded Silk Road Performance Earns a Residency at Trafalgar Studios

Bitcoin Funded Silk Road Performance Earns a Residency at Trafalgar Studios

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Last December news.Bitcoin.com reported on the theatrical version of people using the deep web in a play called the “Silk Road: How to Buy Drugs Online.” Since then the play got rave reviews after appearing at the world-famous Edinburgh Fringe and the Vault festival. Now due to the show’s popularity, the performance is hosting the…

Turcoin Ponzi Scheme Exposed, Founders Flee with Millions

Turcoin Ponzi Scheme Exposed, Founders Flee with Millions

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Turkey’s so called “national” crypto, Turcoin, has turned out to be a classical example of a Ponzi scheme, local media reported. The founders of the “alternative” digital currency are believed to have fled the country with millions of dollars collected from defrauded investors. The company behind the Turkish token stopped distributing dividends earlier in June.…

Swiss Crypto Company Acquires License to Distribute Funds to Investors

Swiss Crypto Company Acquires License to Distribute Funds to Investors

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Crypto Fund AG has been granted a license to distribute funds on behalf of “qualified investors” in Switzerland. The permission has been issued by the country’s financial market regulator, FINMA. The firm also seeks approval for another crypto-related service. Also read: Zug Tests Blockchain to Decide on Fireworks and Digital IDs First Point of Contact…

Markets Update: SEC Adds a Brief Market Spike — But Will It Last?

Markets Update: SEC Adds a Brief Market Spike — But Will It Last?

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Cryptocurrency markets are steadily coasting along after suffering from some volatile low swings last week. Over the past 24 hours, most cryptocurrencies are still in the red nurturing losses between 1-3 percent, and a few are in the green by a few percentages. At the time of publication, the price of bitcoin cash (BCH) is…

Survey: 13% of Net-Savvy Ukrainians Own Cryptocurrencies

Survey: 13% of Net-Savvy Ukrainians Own Cryptocurrencies

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Ukrainians are increasingly aware of cryptocurrencies, and 13 percent of those using the Internet own digital coins, according to a new survey. The total of the daily turnover on the three leading cryptocurrency exchanges in the country currently reaches $2 million USD.   Also read: Ukrainian Companies Mint 25 Coins, Raise $132 Million Majority of…

Bank of International Settlements to Publish New Crypto Research

Bank of International Settlements to Publish New Crypto Research

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The Bank of International Settlements intends to publish two cryptocurrency-focused chapters of its annual report this weekend.

Putin: Cryptocurrency Has Its Place, No State Can Have Own Crypto

Putin: Cryptocurrency Has Its Place, No State Can Have Own Crypto

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Cryptocurrency has its place in the world and Russia should carefully consider when and how to take part in the process of its development, Vladimir Putin said in his annual Q&A session with Russian citizens. The president noted that “by definition” neither Russia, nor any other country could have a national cryptocurrency. Putin also mentioned the…

Prague Subway System Now Has Ten New Bitcoin ATMs

Prague Subway System Now Has Ten New Bitcoin ATMs

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One of the largest Bitcoin ATM manufacturers in the world, General Bytes, has recently installed ten new cryptocurrency ATMs throughout the Prague subway in the Czech Republic. Now commuters riding the Prague Metro can purchase digital assets at various locations spread out across the fifth busiest metro system in Europe. Also read: Yahoo! Japan Confirms Entrance…

SA Central Bank Comes Up With Another Nickname for Cryptos – “Cyber Tokens”

SA Central Bank Comes Up With Another Nickname for Cryptos – “Cyber Tokens”

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Cryptocurrencies don’t meet the requirements of money, according to the South African Reserve Bank which has decided to call them by a different name. It’s one that does not imply either currency or cryptography. “We prefer to use the word ‘cyber-token’,” said a high-ranking official of the central bank in Pretoria, adding another entry into…

Czech Utility Company Introduces Crypto Payments

Czech Utility Company Introduces Crypto Payments

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One of the largest energy suppliers in the Czech Republic has recently announced plans to start accepting cryptocurrency from its customers. The bitcoin payment option should be available as early as next month, its management said. The company is about to join a growing number of Czech businesses processing crypto payments by introducing them to…