Localbitcoins Trader Sentenced to One Year in Prison
Jul11

Localbitcoins Trader Sentenced to One Year in Prison

A Southern Californian Localbitcoins trader has been sentenced to prison for a year for unlicensed money transmitting and money laundering. The trader, Bitcoin Maven, reportedly exchanged between $6 and $9.5 million for customers across the country, according to the notice by the U.S. Department of Justice. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space One Year in Prison for Localbitcoins Trader The U.S....

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Less Than Half of ICOs Survive Four Months After Sale, Study Finds
Jul11

Less Than Half of ICOs Survive Four Months After Sale, Study Finds

New academic research has concluded that more than 50 percent of crypto projects raising capital through ICOs do not make it through to the fifth month after the token sale. The study also suggests that investors get the best return on their money if they sell the coins within the first month of trading, while the safest strategy would be to part with the tokens on the very first day. Also read: Decentralized Exchanges – New and...

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Ledger Live Desktop Wallet Manager Reviewed
Jul11

Ledger Live Desktop Wallet Manager Reviewed

On Monday, wallet manufacturer Ledger released its eagerly anticipated new desktop software. Ledger Live is meant to be a more reliable and user-friendly version of the Chrome app, which has come in for criticism, not least from this reviewer. To determine whether Ledger Live is an improvement on its predecessor, I put the French firm’s flagship new software to the test. Also read: Review: Ledger Nano S Put to the Test Can...

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Akari Launches BCH-Powered Micro-Site Builder for Crowdfunding
Jul11

Akari Launches BCH-Powered Micro-Site Builder for Crowdfunding

During the second week of May, news.Bitcoin.com reported on the Akari Global Foundation, a group that aims to bolster bitcoin cash (BCH) adoption through its services. The organization launched Akari-Pay, a one file BCH payment and donate page for BCH merchants and non-profits. This week Akari has launched a free bitcoin cash powered pages builder that allows users to build BCH fundraiser micro-sites. Also Read: Decentralized...

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‘Pirate’ Kodi Boxes Breach Copyright But Seller Threatens to “Wipe Floor” With Sky
Jul11

‘Pirate’ Kodi Boxes Breach Copyright But Seller Threatens to “Wipe Floor” With Sky

In 2017, Sky TV launched legal action in New Zealand against two companies – Hamilton-based My Box and Christchurch company FibreTV NZ. Both companies sold Kodi-based devices that were configured to receive copyrighted content, including that for which Sky TV holds the rights. Last November, the Christchurch District Court handed down an interim injunction against FibreTV based on the terms sought by Sky TV. The broadcaster was...

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