‘Cashcoin’: This $14.5 Million Cryptocurrency Scam Involves a Bollywood Actor

The Mumbai Crime Branch in India is set to question Bollywood actor Shahbaz Khan over his involvement in a cryptocurrency scam. The case hit the roof after the Mumbai police arrested four scammers for running Cashcoin, a high-yield investment program that duped investors of ₹1 billion (~$ 14.52 million). The accused reportedly ran seminars and marketing events across major Indian cities to sell their cloud mining schemes. They would promise investors double returns while projecting bitcoin’s success as a yardstick for their project’s potential progress. Cashcoin approached Shahbaz Khan, a yesteryear actor with over 200 credits in Hindi television and movie industry, to

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Cryptocurrency: Zuckerberg, Dimon, Maduro…You Are Not Welcome Here!

Facebook is the latest in a raft of corporate or government entities creating their own cryptocurrencies. Within weeks of JPMorgan announcing its plans to launch the JPMorgan coin, sources leaked confirmation of the crypto landscape’s worst-kept secret–that the Zuckerberg blockchain team was working on a native cryptocurrency. The social network joins a dubious lineup of centrally controlled entities and despotic governments on the crypto bandwagon. It seems none of them noticed the “Not Welcome” sign on the door. FACEBOOK’S BLOCKCHAIN AMBITIONS WIDELY KNOWN Whether or not it was going to release its own coin, Facebook has been busy hiring engineers

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Huobi Prime Offers Cryptocurrency Investors a New Way to Trade

Tuesday, March 26 will see customers of the cryptocurrency exchange Huobi experience a whole new way of getting their fingers around cryptocurrencies. Known as Huobi Prime, the system is a coin-launch platform that ensures all currencies purchased by Huobi users are immediately deposited into their accounts and tradable against the Huobi Token (HT) with minimal delays, according to a company press release. Fast Money in Your Wallet Customers will also have access to coins at below-market prices, as well as new projects and currencies not yet listed on major exchanges. Huobi’s executive team works with the project leaders of every

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Winklevoss Twins: Facebook Cryptocurrency is ‘Cool’ But Bitcoin is Better

Billionaire investors Cameron and Tyler Winklevoss aren’t too worried that Facebook’s cryptocurrency project will end up being a “bitcoin killer.” In fact, they maintain that it will have more impact on the world than Facebook ever did. Winklevoss: Bitcoin Still ‘So Young’ for People to Crow over its Demise Speaking to the UK’s Daily Telegraph at the annual SXSW festival of film and music, the twins, who first bought the leading cryptocurrency when it was valued at around $ 8 per coin, pointed to how an emerging Amazon outmaneuvered retail giant Barnes and Noble before becoming the dominant business it is

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Tron dApps: 3 Awesome Things You Can Do Cryptocurrency Right Now For Less Than $20

Justin Sun recently announced a $ 20 million giveaway. The full details of the airdrop haven’t been released yet, but he is definitively giving away a Tesla. This reporter’s been thinking about it: if a million people sign up for a $ 20 million giveaway, that’s $ 20 each. That’s actually a decent amount of cryptocurrency for nothing at all. To celebrate #BTT & #USDT–#TRON success, I am planning a $ 20m free cash airdrop. Good news-it's coming, bad news-I may decide to give away more! First, I will randomly pick 1 winner for a #Tesla up until 3/27! To apply, follow me and

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QuadrigaCX Scandal Jolts Canada to Regulate Cryptocurrency Exchanges

The infamous QuadrigaCX scandal has culminated in the losses of $ 150 million in user’s cryptocurrency funds. Now, Canada has called for “input” on tailoring new regulation to cryptocurrency exchanges operating within its borders. Canada’s Securities Regulator and Investment Body Issue a Consultation Paper to Increase Investor Protection Canada has held back on detailed cryptocurrency regulation. It currently adopts a wait and see approach and utilizes its existing securities laws and regulators. In this way, Canada monitors and guides emerging fintech and cryptocurrency businesses in the country. An exchange’s entire funds vanishing as the founder dies without leaving access to cold

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UPVOTE FOR VISIBILITY: Mexico’s Central Bank forbids the operation of crypto-currency exchanges in order to “protect the general public” from volatility

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