Cointelligence Blog

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BitConnect in deep water again as investors file lawsuit

Investors of the now defunct BitConnect are demanding compensation for their losses. The plaintiffs are claiming that they were promised profits but BitConnect failed to meet its promises. BitConnect shut down on January 17th, but it seems like its troubles are yet to be over.
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An inside look at the Venezuelan bitcoin mining world

Venezuela offers inexpensive electricity, which makes mining bitcoin very profitable. However, government crack downs have threatened the bitcoin mining community in the country.
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Alternatives to discontinued WaveCrest’s bitcoin debit cards

After WaveCrest discontinued its debit card for Bitcoin and altcoins, users can choose from alternatives. These options include epayments, Wagecan, and Worldcore. Epayments is the least expensive and provides the most extensive services.
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Coincheck loses $534 million in NEM

Coincheck, the biggest cryptocurrency exchange in Japan, was hacked. In the attack, $534 million worth of NEM coins were stolen in what is considered the biggest cryptcurrency exchange cyberattack since the Mt. Gox's incident.
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How To Launch A $100M ICO [Conference Call]

Cointelligence and Cryptoracle.io are hosting a conference call with Moshe Hogeg, Founder and Co-CEO of Sirin Labs. Here, we will talk about what it takes to launch such a successful ICO, the writing of white papers, and the development of next generation technology.
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Is Chinese coin blogger vouching for Tether and Bitfinex biased?

Zhao Dong, the Chinese early bitcoin adopter, has just confirmed that Bitfinex and Tether have around $3 billion in their bank accounts, based in Tokyo. While this stands to debunk all the recent rumors that has been questioning the integrity and transparency of USDT, rumors of Dong's conflicts of interest...
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CFTC charges My Big Coin Pay with fraud and misappropriation

The US CFTC has started an investigation against My Big Coin and frozen the assets of its owners. The department has pointed out in its investigation that the owners and misrepresented the facts and misused the funds raised from the investors. The owners used the funds of the investors to cover their...
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Benebit ICO evaporates with as much as $4 million

Benebit has just turned to dust, to become the most prominent exit scam in the world of cryptocurrency ICOs to date. The scam artists behind Benebit managed to walk out with at least $2.7 million.
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Elering AS and WePower join forces to tokenize energy data in Estonia

Wepower, a blockchain company, and Elering, a power company, have collaborated to create a new way of using blockchain technology to catalyze the mass adoption of various green energy sources.
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Competing with Tether, TrueCoin aims at creating an ideal 'stablecoin'

Promising transparency, regular audits, and stable banking partners, TrueUSD might offer the stability the public is looking for in order to invest in a cryptocurrency they can trust.
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