Hodler’s Digest, May 13–19: Top Stories, Price Movements, Quotes and FUD of the Week

Top Stories This Week Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Bitstamp Starts Investigation After Large BTC Sell Leads to…

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Goxtrade Advertises Unaffiliated Staff and Misleading Contact Information

Purported bitcoin (BTC) exchange Goxtrade has been accused of being a scam, technology news publication TechCrunch reported on May 17. Chief among the report’s revelations is that Goxtrade takes photos of unaffiliated people from social media sites and compiles them to make its online staff gallery. Goxtrade reportedly even retains some of their real names.…

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Bitfinex ‘Official Doc’ Confirms Plans to Raise up to $1 Billion in IEO for Its Token LEO

Zhao Dong, a shareholder of cryptocurrency exchange Bitfinex, has released new promotional material detailing the exchange’s upcoming initial exchange offering (IEO) for up to $1 billion. The information was shared in a tweet from Dong on May 4. The document, allegedly released by iFinex — the company behind Bitfinex and Tether (USDT) — announces the…

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France Adopts New Cryptocurrency Regulation

The French government has adopted a financial sector bill that establishes a legal framework for cryptocurrency service providers and initial coin offerings. The bill includes both optional and mandatory licensing, and also specifies the types of funds that can invest in crypto assets. Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request Pacte…

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Cryptocurrency Exchange ‘IEO’ Draws Suspicion for Plans to Sell Tokens Ahead of Launch

Digital currency and transaction platform Algorand has refused to endorse an attempt by cryptocurrency exchange Bgogo to sell its unreleased tokens, executives confirmed on social media on April 8. Algorand, which intends to launch its product in June along with its native ERC-20 token, issued a formal warning about the plans, which Bgogo has since…

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