A Defunct Cryptocurrency and Its CEO Face Some New Problems

Mt. Gox creditors received some good news recently. Fortress Investment Group is buying claims at double Bitcoins value 10 April 2014 when cryptocurrency exchange was declared insolvent and ordered to liquidate after a massive hack. While Mt. Gox eventually recovered 200,000 bitcoins, 650,000 were lost forever. The assets…

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How STOs Are Changing The World Of Investing

Security token offerings (STOs) are becoming quite popular in the world of cryptocurrencies. While they are similar to initial coin offerings (ICOs) in that they involve the sale of tokens that are recorded on a blockchain, they offer a significant advantage over them: they are backed by tangible physical assets.…

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These Are the Top Stories for Digital Coins This Week

Bitcoin Rallies Above $11,000 At the beginning of the week, Bitcoin briefly fell below the $10,000 mark. But then it rallied by 20%, to rise above $11,000. It even surpassed $12,000 for a short time before falling back a little. Analysts are very bullish on Bitcoin…

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More Digital Currencies and Exchanges Are Popping Up for Traders

On July 3, Binance, which is one of the world's largest digital currency exchanges, announced that on July 4 it would be transferring all of its Tether accounts (and their associated addresses) from an Omni-based blockchain to an ERC-20-based Ethereum blockchain. The change will affect anyone who keeps…

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