This Bitcoin Scam in South Africa is Raking in Over $130,000 Every Day

By CCN Markets: A cryptocurrency investment scheme in South Africa’s Kwa-Zulu Natal Province has proven that having an unoriginal name, Bitcoin Wallet, never stopped any scam from raking in tens of thousands of dollars daily from the masses. According to The Citizen, the cryptocurrency scam is operating from Kwa-Zulu Natal’s rural town of Ladysmith. The…

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Bitcoin Surges as Analyst Warns That Binance Triggered ‘Altcoin Winter’

By CCN Markets: The bitcoin price climbed as high as $8,450 on Friday morning, lifting the flagship cryptocurrency to its highest mark since June 3. The trigger for that rally? Binance. The fallout? A punishing “altcoin winter” that could slaughter altcoin valuations while bitcoin continues to trend higher. Binance US Launch Could Trigger Brutal Altcoin…

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Europol Developing ‘Serious Game’ to Help Train Crypto Crime Fighters

Europol has revealed it’s developing a game aimed to teach law enforcement officers how to tackle crypto crime. Announced at the sixth Cryptocurrency Conference hosted at Europol’s headquarters from June 12–14, the European crime fighting agency said the game will allow officers to get “hands-on training and advice on tracing cryptocurrencies in criminal investigations.” Calling the…

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FINRA Fines Ex-Merrill Lynch Investment Adviser Over Crypto Mining Sideline

U.S. self-regulatory organization, the Financial Industry Regulatory Authority (FINRA), has fined and suspended an investment adviser over undeclared cryptocurrency mining activities. According to a letter of acceptance, waiver and consent published by FINRA on June 10, Kyung Soo Kim had been working at Merrill Lynch and was registered with the watchdog as a general securities representative through the firm…

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‘Most Ambitious’ Blockchain Startup Since Ethereum Raises $15 Million

By CCN Markets: A blockchain project called Helium has raised $15 million in a round led by enthusiastic technology investors like Multicoin Capital and Google (via venture fund GV). Multicoin wrote a passionate blog post, praising the project as one of the most ambitious crypto ventures since Ethereum itself. Helium reportedly will bring reduced costs…

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Yahoo Japan-Backed Exchange Launches Crypto-Yen Markets and Margin Trading

Back in April 2018, it was revealed that Yahoo Japan was planning to launch a cryptocurrency exchange licensed by Japan’s Financial Services Agency (FSA). Now, a year later, Yahoo Japan’s trading platform Taotao is open offering BTC and ETH trading while also providing users with margin trading available in litecoin (LTC), ripple (XRP) and bitcoin…

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