Guilty Conscience? $30M Crypto Exit Scam in South Korea Refunds Victims

Earlier this week, a crypto exit scam in South Korea called “Pure Bit” disappeared with more than $30 million in user funds. On November 4, the group conducted an initial coin offering (ICO) to raise nearly $30 million using Ethereum (ETH) to build a cryptocurrency exchange. On November 13, as CCN reported, Pure Bit and The post Guilty Conscience? $30M Crypto Exit Scam in South Korea Refunds Victims appeared first on CCN

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Breaking: SEC Charges EtherDelta Founder with Operating Unregistered Exchange

The US Securities and Exchange Commission (SEC) has charged the founder of decentralized Ethereum exchange (DEX) EtherDelta with operating an unregistered exchange. As a DEX, the crypto trading platform allowed users to trustlessly trade Ethereum-based tokens without registering accounts or entrusting their funds to an exchange-controlled wallet. Trading was managed by a smart contract, though The post Breaking: SEC Charges EtherDelta Founder with Operating Unregistered Exchange appeared first on CCN

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Most Popular Ethereum Wallet MetaMask Finally Releases Mobile Client

MetaMask, the most popular Ethereum and ERC20 token standard wallet developed by ConsenSys, has released its mobile client at DevCon. At DevCon, a major Ethereum-focused conference held in Prague, Czech Republic hosted by large conglomerates and leading cryptocurrency businesses including EY, Microsoft, ShapeShift, Santander, Blockfolio, and Wanxiang, the MetaMask development team officially released and showcased The post Most Popular Ethereum Wallet MetaMask Finally Releases Mobile Client appeared first on CCN

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Beyond Crypto Friendly: Swiss Bank Helps Clients Participate in ICOs

Here’s something we don’t hear every day: a Swiss bank has opted to enable its clients to participate in initial coin offerings easily. The bank, Swissquote, has previously allowed customers to trade in cryptos. This is, to say the least, an unusual service for a fiat banking institution. Additionally, Swissquote offers traditional FOREX trading and The post Beyond Crypto Friendly: Swiss Bank Helps Clients Participate in ICOs appeared first on CCN

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Newsflash: Bitcoin Price Drops $380; Ethereum, Ripple (XRP) Plunge 9%

Cryptocurrency analysts had predicted that the bitcoin price was about to break away from its $6,550 peg, and those predictions came true early Thursday morning. Unfortunately for investors, though, this movement did not occur to the upside. After briefly making a push toward $6,700 earlier in the week, the bitcoin price was holding steady between The post Newsflash: Bitcoin Price Drops $380; Ethereum, Ripple (XRP) Plunge 9% appeared first on CCN

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Did Ethereum Bottom Out at $170? Worst Part of ETH Drop May be Over

On Sept. 12, Ethereum (ETH) dipped below the $170 mark, dropping to $166 to hit its lowest point of the year. Since then, within a 30-day period, ETH has shown promising recovery in its volume and momentum, rebounding from $166 to $230. Last week, on Sept. 23, the Ethereum price achieved $255. Worst Part of The post Did Ethereum Bottom Out at $170? Worst Part of ETH Drop May be Over appeared first on CCN

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This Third-Party DApp Lets You Tokenize Your CryptoKitties

So you spent upwards of $100,000 to purchase one of the hottest digital felines on CryptoKitties — now what? That’s the question plaguing many users of CryptoKitties, which remains the most popular decentralized application (dApp) on Ethereum, per DappRadar, but — despite receiving $12 million in venture funding — is struggling to grow its active … Continued The post This Third-Party DApp Lets You Tokenize Your CryptoKitties appeared first on CCN

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Google Removes MetaMask from Chrome Extension Store

Google has abruptly removed MetaMask from the Chrome Extension store without any explanation. The Dapp browser extension has been unceremoniously removed from the Android and Chrome marketplace with no indication as to why, and if or when it will be restored. MetaMask made the announcement on its Twitter handle on Wednesday July 25 in a The post Google Removes MetaMask from Chrome Extension Store appeared first on CCN

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