Monthly Archives: November 2017

London finally has a zero-waste and zero-plastic shop

The future of banking fits in the palm of your hand! But is it all that new?Image: monzo Banking doesn’t usually inspire chat-up lines in pubs, or nightclub-style virtual queues of young people looking for a quick way in. But one London-based startup has managed to become quite the conversation starter in London’s pubs and beyond.  Monzo lives entirely on your phone and is geared toward a generation accustomed to doing everything with that device. Unlike many other apps, there’s no waiting until the next day to […]

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Sean Hannity fans are destroying their Keurig coffee makers after company pulls ads

As advertisers flee from far-right Fox News host Sean Hannity over his defense of Roy Moore, Alabama’s Republican nominee for the U.S. Senate who stands accused of child sex assault, Hannity fans have found a bizarre way of showing their support: Smashing their own stuff. five brandsHannityMoore, 70, has been publicly accused in a deeply sourced report from the of having sexually pursued multiple teenage girls while in his early 30s, including a particularly detailed allegation that he molested a 14-year-old. In covering the allegations, Hannity―along with one […]

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Bitcoin Plunges 29% From Record High

Bitcoin plummeted, extending its drop to 29 percent from a record high, on speculation some traders were buying its offshoot amid a struggle over the digital currency’s future. Bitcoin dropped to as low as $5,605 on Monday, from a record high $7,882 reached on Wednesday, data compiled by Bloomberg show. Bitcoin cash rose to $2,426 on Sunday, before plunging to $1,379 as of 9:32 a.m. in Hong Kong, according to Coinmarketcap.com. Bitcoin has slumped since the cancellation of a technology upgrade to increase its block size, amid […]

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‘$300m in cryptocurrency’ accidentally lost forever due to bug

User mistakenly takes control of hundreds of wallets containing cryptocurrency Ether, destroying them in a panic while trying to give them back More than $300m of cryptocurrency has been lost after a series of bugs in a popular digital wallet service led one curious developer to accidentally take control of and then lock up the funds, according to reports. Unlike most cryptocurrency hacks, however, the money wasnt deliberately taken: it was effectively destroyed by accident. The lost money was in the form of Ether, the tradable currency […]

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Op Ed: “We Never Thought of That” — When Venture-Backed Companies Undertake Reverse ICOs

With well over $3 billion raised this year alone, in very little time initial coin offerings (ICOs) have emerged as a major source of venture finance. Even companies that have already raised conventional venture funding will be tempted to raise additional funds through ICOs. Although not fully intuitive, some have labeled token issuances by entities that previously obtained equity financing as “Reverse ICOs.” One prominent example of a Reverse ICO has already occurred. Recently, Kik Interactive successfully completed an ICO of nearly $100 million. With over $3 […]

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Trustless Payment Startup Confido Makes Off with $375k of ICO Funds

Confido, an ICO startup whose name means “I trust”, has done a bunk with 1,235 ETH. The company was supposed to have been creating a trustless payment system using smart contracts. Instead, it was the project’s founders who have proven themselves trustless after deleting all their accounts and going dark. The $375,000 exit scam highlights the risks that are inherent to the still largely unregulated ICO market. See also: Cracks Appear as Critics Label Bitconnect a Ponzi Scheme Trust Less, Question More As a since-deleted Medium article […]

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PR: German Fintech Company Naga Group to Launch Token Pre-Sale

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. The NAGA Group, creators of the first blockchain-based ecosystem for decentralized trading, investing, and education in financial markets, virtual goods, and cryptocurrencies. has announced the launch date of their NAGA Coin (NGC) token pre-sale. Who is The NAGA Group? Founded in 2015, […]

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Futures Markets: What They Are and What They Mean for Bitcoin

As bitcoin gains worldwide attention, there’s lots of discussions lately about futures markets. With companies like LedgerX and some pending bitcoin-based derivatives products coming soon from CME Group and Cboe, leading to some people scratching their heads wondering — What are futures markets and what do they mean for bitcoin? Also read: Internet Archive Adds Bitcoin Cash and Zcash for Donations Everyone Keeps Talking About Bitcoin Futures Markets Over the past couple of years, a few companies have been trying to apply derivative market trading into the world […]

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Rublix Is Reimagining Crypto Trading

The soaring fortunes of bitcoin and cryptocurrencies is attracting massive amounts of media attention worldwide. This has led to a steady stream of traders flocking to the space amid record prices and subsequent asset returns. In some circles, this exuberance has to raise concerns about a bubble akin to the great global recession of 2008. On a weekly basis, a seemingly endless stream of new crypto projects, many predicated on little more than a hastily developed white paper and website, are being launched and creating a crowded […]

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PR: Crypto20’s Autonomous Crypto Index Fund Passes $15 Million

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. CAYMAN ISLANDS – CRYPTO20 is continuing to gaining momentum as it hits $15 million for its Cryptocurrency Index Fund. Over 5,000 contributors are part of the fund which, unlike competitors, is a finished product with a range of investor tools. With just […]

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