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Russians and Bitcoins: Legalization is Possible!

A lot of surprises awaits bitcoin in Russia. The relationship between Russia and Bitcoin will never be straightforward, things are turning around in favor of cryptocurrency. Over the past few months, multiple companies in Russia have started to accept Bitcoin payments. That is a major development, as it may lead …

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Suddenly Everyone Loves Ether!!

Just as we explained in “What is Ethereum?“, ethereum aims to function both as a kind of decentralized internet and a decentralized app store, supporting a new type of application (a “dapp”) in the process. But while no one owns ethereum, the system that supports this functionality isn’t free. Rather, …

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Bitcoin – The World’s First Democratic Currency.

The world’s favorite digital currency doubled between May of last year and January this year, then it doubled again into this month, with a particularly breath taking streak in the past five days. Blocks of code denoting the existence of a single bitcoin fetched a high of $1,832 on Thursday …

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Bitcoin Won’t Stop Surprising Users!!

The price of bitcoin saw something it hasn’t seen much of lately today – a 24-hour decline to the tune of triple digits. According to figures from the CoinDesk Bitcoin Price Index, the day-over-day decline marks a rare occurrence over the last month. Over that span, bitcoin has been largely …

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Germans Insist on Investigating Onecoin

Germany’s fight against OneCoin, a digital currency investment scheme widely believed to be fraudulent, is heating up. A German newspaper has published new details about the government’s efforts against OneCoin, reporting that prosecutors Fight from the State Criminal Police Office of North Rhine-Westphalia, as well as the city of Bielefeld, have …

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Onecoin Payment Processor ShutDown By German Finance Regulator

Following the investigations on Onecoin, Germany’s top finance regulator has moved to shut down a payment processor tied to to the OneCoin cryptocurrency scheme, a digital currency service that has faced widespread allegations of fraud. The Federal Financial Supervisory Authority (BaFin) said on 10th April that it was freezing the accounts of International …

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