China’s Wenzhou Residents Bolster the Idea of a ‘Blockchain Village’

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According to regional reports from China, a village located within the Wenzhou, Zhejiang region called Yuedong has been gathering attention due to its receptiveness toward cryptocurrencies and blockchain technology. In consonance with social media posts on Weibo, roughly 60 percent of the residents in Yuedong know about cryptocurrencies and many of the villagers have invested…

‘Bitcoin Killer’ Onecoin Is Ashes But Investigations Continue to This Day

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Back in 2014, a group led by a woman named Ruja Ignatova created a Ponzi scheme called Onecoin which, together with the organization Onelife, defrauded billions from 3 million people. At peak popularity, the group declared that Onecoin would be a “Bitcoin killer” but the pyramid scheme is now in ashes and many of its…

Romper Room to White Linen: Saying Goodbye to Crypto’s Infant Anarchy

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As the crypto markets have matured, they’ve seen increasing acceptance with traditional finance and regulators, but there’s still a way to go.

Chatter Report: Pompliano Praises Bitcoin Performance, Antonopoulos Says Death Spiral ‘Unlikely’

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US Financial Industry Regulatory Authority Issues Its First Crypto Disciplinary Action

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The U.S. Financial Industry Regulatory Authority has taken its first disciplinary action involving cryptocurrencies. The authority charges a broker with fraudulent and unlawful distribution of unregistered crypto securities. The owner allegedly “attempted to lure public investment in his worthless public company” by issuing “the first minable coin backed by marketable securities.” Also read: 160 Crypto Exchanges…

Inside Bitewei: The $20 Million Bitcoin Miner Being Hailed as a Bitmain Rival

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A startup seeking to rival mining giant Bitmain is gaining a reputation as a firm that could disrupt the balance in crypto’s most lucrative sector.