#1 Source For Bitcoin And Altcoin News
According to regional publications in Russia, the alleged BTC-e mastermind and prisoner in Greece, Alexander Vinnik, has allegedly confessed to charges of fraud and money laundering on May 24, 2018. Reports reveal a signed document details that Vinnik admits to committing financial fraud between 2011-2017 through the BTC-e cryptocurrency exchange.
Also read: This Week in Bitcoin: Ghost Scares Markets, Facebook Mulls Coin
The post 11 Opportunities to Make Money with Bitcoins and Earn BTC Online appeared first on 99 Bitcoins.
What you will learn in this video What are some of the best ways to earn Bitcoin today? On the other hand, what methods should you avoid completely? What is the effort, profitability and risk level for each method Resource section for this how to make money with Bitcoin A guide to starting your own […]
When Fundstrat Global speaks, the crypto world listens. In recent months it has been a steady font of good news for the ecosystem, with five figure price calls to predicting a very bright future, a crypto future. Resident guru Thomas Lee more-or-less foretold the current after tax season spike in prices when many others were decidedly bearish on the asset class. The firm recently surveyed a small group of institutional investors, and they appear to see cryptocurrencies poised for a breakout year. To help such investors make informed choices in that regard, the company also created five new crypto indices.
While countries around the world argue and dither over how to effectively control, manage, or ban cryptocurrencies, the tiny Mediterranean island of Malta is looking to become the blockchain capital of the world.
When it comes to effective cryptocurrency regulation and encouragement, Malta is years ahead of (most of) the competition.
As noted by Bloomberg, the island nation’s Prime Minister, Joseph Muscat, has claimed that cryptocurrencies are “the inevitable future of money” and will form the future global economy’s foundation.
Abra is a bitcoin-powered investment and payments app that first came to light at Launch Festival 2015 where it won the top prize at the event. The app uses bitcoin and litecoin smart contracts to represent the value of practically any fiat currency along with 20 crypto assets in the user’s wallet, where the user is always in complete control of their own private keys.
While Abra was originally pitched as an app for permissionless, borderless money transfers, the startup is now entering the realm of “crypto banking.” Abra CEO Bill Barhydt explained this change of focus in a recent interview with angel investor Jason Calacanis on This Week in Startups.
Private digital currencies are better than any state-issued version, admitted a high-ranking representative of the Swiss National Bank. Cryptocurrencies are also less risky, according to Andrea Maechler, member of the central bank’s governing board. Her comments indicate that Switzerland has no intentions to emit a state-sponsored crypto.
Also read: Centralized Cryptoruble Not Possible, Minister Tells Putin
The Central Bank of Taiwan is eyeing new rules that would bring bitcoin under the island’s existing anti-money laundering regulations.
CoinDesk
The U.S. government has been cracking down on individuals utilizing the peer-to-peer platform Localbitcoins. This week an Arizona resident named Thomas Costanzo was convicted for money laundering tied to over $ 164,000 worth of cryptocurrency trades.
Also Read: Arizona Localbitcoins Trader Detained by U.S. Homeland Security
The U.S. Attorneys Office from the District of Arizona and the Justice Department has convicted a trader named Thomas Costanzo (AKA Morpheus) who exchanged over $ 164,000 worth of BTC on the Localbitcoins platform. The officials claim the investigation stemmed from over two years of transactions. Last year in April news.Bitcoin.com reported on Costanzo’s home being raided and when he was detained by Homeland Security on April 20, 2017. At the time local media outlets suggested that the charges against Costanzo stemmed from a nationwide cryptocurrency anti-money laundering crackdown by U.S. federal agencies.
Uphold, a cloud-based digital money platform enabling users to buy, hold, convert and transact various currencies, commodities, and cryptocurrencies, has now launched the trading of Ripple’s XRP.
Uphold users are now able to purchase XRP directly from the website with no transaction fees for the first 5 million XRP purchased, and they may convert the cryptocurrency into seven other cryptocurrencies, 23 fiat currencies, and four precious metals.
In a press release published earlier today, Uphold CEO Adrian Steckel explained:
There has been huge demand for XRP, and Uphold is one of the first platforms to make XRP easily accessible.
If you thought that student loans were just for well, student expenses, then think again. A recent survey has found that some college students are using their financial aid to invest in the crypto market.
College is expensive and sometimes, opting for financial aid is the only way to cover fees, rent, textbooks and the list goes on. It also leaves you with a future filled with all of these student bills that have unfortunately graduated with you.
However, according to The Boston Globe, some students are doing more with this borrowed money than using it for their college and living expenses.
