Each Sunday, we breakdown the most important crypto market news the past week for SludgeFeed Premium members, including key events and stories you might’ve missed from a variety of news outlets. Top Headlines This Week 🔥 Statement on “Framework for ‘Investment Contract’ Analysis of Digital Assets” The SEC released a landmark framework for digital assets. Depending on […]
SludgeFeed
Anarchapulco Returns Promoting Freedom and Cryptocurrencies
On Feb. 14-17, 2019 the fifth annual Anarchapulco conference, dubbed “Life Unchained,” will be hosted in Acapulco Mexico. During previous Anarchapulco events, the pro-freedom and liberty event dedicated a whole day to blockchain innovation and cryptocurrency solutions, but this year all four days will have a devoted focus on digital currencies.
Also read: Startup Launches Loaded Bitcoin Cash Notes to Spread BCH Adoption
Professional League of Legends Returns to the Midwest After 2-Year Hiatus
The 2019 League of Legends Championship Series (LCS) Spring Finals will be coming to St. Louis, marking the first professional League of Legends event in the Midwest in over 2 years. The 2019 #LCS Spring Finals will be played on April 13, 2019 in St. Louis, MO! pic.twitter.com/zQZRM9twoS — lolesports (@lolesports) January 26, 2019 According […]
SludgeFeed
The Daily: Twitch Gamer Tipped $70K in Crypto, Hacker Returns $100K of ETC
In this edition of The Daily, a video gamer streaming on Twitch has received crypto donations totaling over $ 70,000 and a hacker believed to be behind the 51 percent attack on the Ethereum Classic blockchain has reportedly returned $ 100,000 in ETC coins. Also, Electrum developers have issued another series of warnings about phishing attempts using the name of the popular cryptocurrency wallet.
Also read: NYC to Launch Blockchain Center, Wyoming Advances Industry-Friendly Bills
Eric “adreN” Hoag Returns to Team Liquid to Coach Counter-Strike
Esports organization Team Liquid announced Saturday that it has brought back former pro Eric “adreN” Hoag to coach their Counter-Strike team. According to the announcement, Team Liquid chose Hoag after searching for a coach with in-game experience who was already knowledgeable about their team and players. This made Hoag, who was formerly an AWPer, a prime candidate, despite […]
SludgeFeed
USD-Pegged Cryptocurrency Tether Returns to Dollar Parity as Supply Sinks
Tether (USDT), the USD-pegged cryptocurrency that spent nearly half of October trading below $ 1.00, finally returned to dollar parity on Monday, though it remains to be seen whether it will stay there amid mounting competition from heavyweight competitors. Tether [Briefly] Returns to Dollar Parity The controversial stablecoin, which is supposedly backed by physical USD at
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Hacked Canadian Bitcoin Exchange MapleChange Returns to Twitter, Opens Refund Chat Room
Following yesterday’s report that MapleChange had claimed to have been hacked and gone offline, the Canadian bitcoin exchange’s Twitter account has come back to life, and they have opened a Discord chat room in order to facilitate altcoin refunds. According to a tweet, they will not be refunding any litecoin or bitcoin deposits. Their main
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New Research: Large-Raise ICOs ‘Never’ Deliver Returns
If an ICO raised “large” amounts during its token sale, it means the returns to investors are “never high,” according to new research published October 25.
Big Investment, Small Dividends
The results of a survey by cryptoasset investment fund Primitive confirm that investors choosing to send money to ICOs should, in fact, look for those which plan to raise smaller – not larger – amounts.
“We surveyed major ICOs and found – large raises never mean high returns,” Primitive co-founder Dovey Wan commented on Twitter uploading the data.
SpankChain Hacker Returns Stolen Ethereum, Earns $9,000 Reward
The hacker who stole nearly $ 40,000 in ethereum from adult entertainment startup SpankChain has returned the stolen cryptocurrency, the company announced last night. According to messages posted on the company’s official Twitter account, SpankChain CEO Ameen Soleimani reached an agreement with the anonymous hacker after speaking to them on the phone. Following that conversation, the
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Crypto Incomes Declared on Tax Returns in Russia
Taxpayers in Russia have started declaring incomes and profits from crypto transactions even before cryptocurrencies are legalized in the country, results from this year’s tax campaign show. The Finance Ministry has again clarified the applicable tax rules, while the State Duma is still fine-tuning the upcoming regulations.
Also read: Russian Railways Eyes Crypto for Tickets, Blockchain for Cargo
One Conscientious Taxpayer
A resident of the Altai Republic, a subject of the Russian Federation, has for the first time declared income obtained through purchases and sales of cryptocurrency, the Federal Tax Service reported on its website. The announcement is based on results from this year’s tax collecting campaign, the authority noted.
5 Altcoins with Major Events the week of April 1, 2018 (Gains Likely to Beat Bitcoin Returns!)
This past week has seen Bitcoin and many altcoins fluctuate dramatically. These significant fluctuations can be profited off of by trading or increasing one’s position in the underlying crypto. The upcoming week has major events for five cryptocurrencies: PRL, UKG, EOS, PKB, and BRD.
The Market Conditions
In December of 2017, Bitcoin was pushing the $ 20,000 mark with many experts predicting a run much higher. The bull market turned bear and BTC is currently priced at approximately $ 7,000 per coin. This sixty plus percent retraction has led altcoins to retract even further. Bitcoin’s dominance in the past three months has increased as the total market cap of all cryptos has decreased. BTC now makes up a greater share (percentage wise) of the total crypto markets than it did in December, when its price was 200% higher.
HODL For GODL: Bitcoin Investors Wait Just 189 Days For 100% Returns
A Bitcoin investor has waited less than 200 days to double their money during any period since 2011, new data reports.
Double, Not Quits, In Under 200 Days
Uploading a chart showing how often investors gained 50% and 100% on their investment into BTC, a social media cryptocurrency commentator calculated a median value of 189 days for funds to increase twofold.
The figures make interesting reading as both Bitcoin and altcoin prices continue to fall towards $ 6500 March 30, having extended losses which began back in December.
Bitcoin Returns Above $9K But ‘Death Cross’ Still a Risk
Bitcoin’s three-day winning streak is encouraging for the bulls, but a quick move above $ 10,500 is needed to neutralize the so-called “death cross.”
CoinDesk
Hacker Returns 20,000 ETH to Coindash
Coindash has announced that 20,000 ETH have been sent to the company’s wallet from the address associated with the hacker that stole approximately 37,000 ETH during the company’s ICO last year. The transaction constitutes the second instance in which the hacker has returned funds to Coindash.
Also Read:Japanese Police Reveal 669 Money Laundering Cases Tied to Local Exchanges
Phoenix.Wiki Launches Revolutionary Blockchain Based Financial Algorithm That Continuously Multiplies The Users’ Funds & Maximizes Returns
As time progresses it seems the adage, “Out with the old and in with the new”, can be applied more today in the Finance sector than maybe ever before. Usually investors think Mutual Funds, IRA’s or 401K’s, but thanks to recent breakthroughs in Cryptocurrency we now have a whole new set of investments. Phoenix.Wiki brings investors the blockchain based Phoenix Algorithm which will allow crypto investors to exponentially grow their investment using Smart Contracts.