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Tag Archives: Altcoin News

Speculations Arise On India Banning All Cryptocurrencies Except Digital Rupees

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Local blockchain legal experts are circulating draft legislation that would allegedly impose a ban on the use of cryptocurrencies in India on social media. Varun Sethi, a tech lawyer has published an unverified document on Scribd on July 15 which reveals a draft bill entitled “Banning of Cryptocurrency & Regulation …

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Japan’s Bitpoint Gets Hacked For $32 Million

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Japanese cryptocurrency exchange Bitpoint has been hacked, resulting in the loss of $32 million worth of various digital currencies. The majority of funds lost (approximately $23 million) belonged to customers, while the rest was owned by the exchange. According to a CoinDesk Japan report on Friday, Bitpoint halted all services …

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Major Cryptocurrencies Back On Recovery Mode

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The cryptocurrency market has extended the recovery from the recent sell-off as Bitcoin and many major altcoins moved above the critical resistance levels and registered strong daily gains ranging from 1% 10 11%. However, despite overall positive sentiments, some coins moved to the North, influenced by local factors. The total …

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Altcoin Avalanche result in instability among every other crypto coin

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Cryptocurrency markets are freezing down during the Asian trading sessions in the mornings. July fourth parties in the US may be nearing its end, but the Bitcoin beats a retreat at the moment, pulling altcoins once more into the marsh. The rapid-fire recovery of up to $12,000 from a 30% …

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Monero Discloses Vulnerabilities Indicating Serious Misuse By Rouge Miners

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Monero, a privacy-focused altcoin has suddenly disclosed nine security vulnerabilities — including one that could have allowed hackers to steal XMR from cryptocurrency exchanges. Rogue Monero miners were hypothetically able to create “specifically-crafted” blocks to force Monero wallets into accepting fake deposits for an XMR amount chosen by the attacker …

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How Fake Cryptocurrency Trade Works?

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On observing the trading activity on BKEX—a cryptocurrency exchange founded in 2018 and registered in the British Virgin Islands—something very odd is noticeable. Compare its transactions side-by-side with those of Binance, one of the largest crypto exchanges in the world, and you’ll notice BKEX’s trading history is a replica, printing the …

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According To Watchdog, High-risk Crypto Should Be Banned

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The City Watchdog; the Financial Conduct Authority has proposed to ban the sale of cryptocurrency derivatives to British investors, branding them “unsuitable”. This move is expected to save investors as much as £234m a year, or losses of £641,000 per day. Derivatives are high-risk investments that could potentially be used …

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