Sentences with phrase «of users of cryptocurrency»

«While daily trading volumes and the number of users of cryptocurrency exchanges are increasing exponentially, local trading platforms have implemented extremely poor security measures.

The summons seeks details of users of the cryptocurrency exchange that engaged in bitcoin transactions between 2013 and 2015.

Not exact matches

Adding to the Bitconnect concerns was a crop of attempts by apparent scammers to take advantage of the confusion to trick users into handing over the contents of their cryptocurrency wallets.

The app is marketed as a digital wallet that would allow users to store cryptocurrencies independently of an exchange, meaning users can access their money if things go wrong at the exchange.

According to cryptocurrency news site The Merkle, at least some users at that time were already suspicious that the site was maneuvering towards a so - called «exit scam,» and the price of Nano dropped by 20 % on the news.

[CEO Pavel] Durov's idea is to launch an entirely new blockchain, using the Telegram's 180 million users as rocket fuel to power forward into mainstream adoption off cryptocurrency and making Telegram, effectively, a kingmaker of other cryptocurrencies, because of its existing scale.

Coinbase, for example, now provides a Form 1099 - K, but only to certain business users and GDAX users who have received at least $ 20,000 cash for sales of cryptocurrency related to at least 200 transactions in a calendar year.

The price of cryptocurrency poster child, Bitcoin, remained steady, despite on user speculating its value might drop following comments from the world's second wealthiest man.

Bitcoin users can purchase thousands of legal items on the straight and narrow with the controversial cryptocurrency, like tickets to a Sacramento Kings Game, fresh beef in Australia or even tuition for the University of Nicosia.

Users are encouraged to engage in actions that will benefit other members and the community as a whole by rewarding such actions with Soma Community (SCT), a cryptocurrency designed to incentivize the members of the decentralized community to perform value - adding services and act as a fast, secure and cost - effective way of compensation.»

Jon Montroll, 37, was accused on Feb. 21 in a civil complaint by the Securities and Exchange Commission of running his cryptocurrency site BitFunder as an «unregistered securities exchange» and of defrauding users.

MarketWatch reports that interactions on niche Reddit forums (known as «subreddits») devoted to cryptocurrency have soared by a massive 930 % this year, and that at one point users were joining one of the main bitcoin forums at the rate of 1,300 a day.

One of the coins Playboy plans to accept is the Vice Industry Token, or VIT, a cryptocurrency designed specifically to monetize adult content by incentivizing high user engagement.

The growth of new active bitcoin users is slowing, which by «Metcalfe's law» indicates that the cryptocurrency's market capitalization will not grow as quickly as it has, some Swiss researchers said.

If and when blockchain - based identity projects reach critical mass in terms of user adoption, they could help get more decentralized services — like cryptocurrency exchanges, file storage providers, and prediction markets — off the ground.

The browser extension, which Denley plans to publish here on Sunday, is related to his existing EtherAddressLookup extension, which protects users from sharing their cryptocurrency passwords and addresses with scammers and phishers by checking domain names against a blacklist of websites.

The clever app, not to be confused with a little - known cryptocurrency and a host of other apps bearing the same name, motivates users to train harder in exchange for bitcoins.

Paul Gambles, managing director of MBMG, said cryptocurrencies are essentially a pump and dump scam, adding that the prices of favorite coins like bitcoin and Ethereum are propped up by users pumping and dumping.

To take just one example of how political things got: the highly - valued cryptocurrency exchange Coinbase saw users flee in response to the company's decision not to host the new currency, bitcoin cash.

Based on Nikkei's report, the regulator said the cryptocurrency exchange has made it possible for users to start trading immediately after submitting a photocopy of their ID cards, while the platform has yet to fully confirm and verify users» information.

According to a company announcement, starting from April 26, users registering online will not be able to send cryptocurrency assets or withdraw Japanese yen until their identity and address have been confirmed with the receipt of a postal letter from the exchange.

Nvidia and AMD are the two largest manufacturers producing graphics processing units that cryptocurrency users take advantage of to speed up the network.

A broad surge in cryptocurrency values pushed the original recipe north of $ 40 billion in late May, but a long - standing issue that limits the system's capacity has left it struggling to give users what it says on the tin: a cheap, quick way to move money.

Telegram can also promote its ICO to its users, who numbered 170 million in October 2017 according to one of the presale documents, and its app has become a hub for cryptocurrency chat groups.

Finally, the document says that the Financial Supervisory Service (FSS) has «held practical consultations with banks that are planning to provide a service to establish a system for verifying the identity of [cryptocurrency exchange] users.»

On the first day that the cryptocurrency exchange Coincheck allowed its customers to withdraw fiat money from the platform since a major theft last month, users took out a staggering sum of over 40 billion yen.

This isn't the first time a cryptocurrency promising better privacy than bitcoin has tried to break into the markets, making some users skeptical about the promise of Monero.

A relatively unknown cryptocurrency exchange by the name of BitGrail has informed its users of a coordinated cyber attack targeting Nano (XRB) tokens.

Cryptocurrency exchange EtherDelta has suspended its service following an alleged denial - of - service (DNS) attack designed to empty users» digital wallets.

Binance, one of the most popular cryptocurrency exchanges in the world, has reminded users that its quarterly coin burn is right around the corner — but what is it, and when will exactly will it take place?

Such a rule would relieve everyday users from having to report to the IRS and pay taxes every time they buy a cup of coffee with cryptocurrency.

Much like other cryptocurrencies, Dogecoin works through a decentralized network of Dogecoin users connected via the internet and all running the Dogecoin client, Dogecoin - qt.

But some users are asking for greater levels of anonymity, and in this blog we will talk precisely about those cryptocurrencies that have the goal of meeting the highest standards in privacy and decentralization.

Long story short, the IRS is more serious than ever about cracking down on cryptocurrency tax evaders, and it has three ways of getting its fair share from virtual token users.

FINMA added that certain unnamed parties have targeted former E-Coin users, encouraging them to invest in two other cryptocurrencies that it suspects of being fraudulent.

Some users reported losses as big as 10 million won ($ 8,700) worth of cryptocurrency.

Online scammers have made over $ 5,000 worth of Ethereum in one night alone, showing how gullible some cryptocurrency users can be.

In a presentation on Thursday afternoon, the founder of Etherscan answered exactly that question, offering insights into the demographics of blockchain and cryptocurrency users.

Financial resources provider LendEDU has just published the results of a new investor survey targeting Bitcoin users, and the respondents feel bullish on the current number # 1 cryptocurrency, to say the least.

The grand mufti elaborated on his position by stating many of the typical concerns surrounding cryptocurrencies including their cryptographically controlled issuance, lack of central authority and regulation by financial institutions, and their ability to mask users» identities.

«Deal at your own risk only after understanding enough the risks... and the content of an ICO project if you buy a token,» wrote the FSA in an October 2017 warning to business operators and cryptocurrency users.

Like the rise of cryptocurrencies, interest in a new trading app that will allow users to trade bitcoin and Ethereum has surged, CNBC reported...

In November, the Internal Revenue Service (IRS) won a court case against popular cryptocurrency exchange Coinbase that required the exchange to hand over information on 14,355 users who'd traded in excess of $ 20,000 worth of bitcoin between 2013 and 2015.

While Bitcoin users must wait an average of 10 minutes before cashing out their cryptocurrency, Ethereum users should expect a considerably shorter wait time of 15 seconds.»

With the upcoming Segwit2x fork of the Bitcoin network, we felt it prudent to notify our users of how it may affect their cryptocurrency portfolio and balances.

The European parliament and China's central bank are proposing guidelines to verify the identities of cryptocurrency users, including exchanges, wallet providers, and other involved parties.

Broken down further, Ethereum's smart contracts can be thought of as a vending machine, where instead of seeking out a lawyer, notary, or transcriptionist — just one of the industries blockchain technolog tackles — users spend their cryptocurrency (tokens) in exchange for a drafted contract, escrowed transaction, or other transactional function.

Cryptocurrency users are often the target of elaborate scams.

Today we're going to give our users a brief history of the cryptocurrency Bitcoin Cash (BCH) so our customers can get a good grasp of knowledge on our new coin additions.

While both ether and bitcoin are cryptocurrencies and can be traded, exchanged, and transacted between users, ether is largely used to pay for services and transaction fees on the network — enabling the development and distribution of applications — while bitcoin is used more closely to an actual currency and alternative therein.