Blockchain Firm AmaZix is Tackling Crypto Scams on Telegram

When something becomes popular, illegal activity tends to follow. The cryptocurrency market knows this all too well, which is why AmaZix this week opened up its “moderation bot” so crypto scams can be booted from Telegram, a popular messaging app. Here’s what we know. Telegram Crypto Scams On Wednesday, AmaZix, a blockchain advisory firm, said it was opening up access to its “moderation bot,” in an attempt to boot the crypto scams that have found their way to the Telegram app. For the past two years, AmaZix has used the…

FCA’s Ban on Crypto Financial Instruments Affects UK Retailers

Earlier today, the UK’s market regulator, the Financial Conduct Authority (FCA), announced a proposal that would ban financial instruments linked to digital cryptocurrencies. The regulator has warned that such instruments using cryptocurrencies could incur huge losses for retailers who don’t understand the great risks associated with using them. The FCA’s Ban Proposal The FCA is targeting products such as derivatives and exchange-traded notes (ETNs), in particular, but it is also suggested that crypto-assets themselves simply didn’t suit small investors. It cited cryptocurrencies’ “extreme volatility,” ambiguous value, and the lack of public knowledge…

Being John McAfee: A Bitcoin Magazine Podcast Interview

On today’s episode, Dave and Grahm chat with the one and only John McAfee, who is currently living in exile in Cuba. They talk about freedom, Bitcoin, McAfee’s new McAfee Magic trading platform, as well as his 2020 presidential campaign, the McAfee movie starring Michael Keaton, death threats and more! Resources: McAfee Magic The McAfee Movie Twitter: John McAfee The post Being John McAfee: A Bitcoin Magazine Podcast Interview appeared first on Bitcoin Magazine. Source link

Bitcoin Price Recovers 20% to Break $11,000; Pullback Done, Huge Rally Next?

Within a week, from June 26 to July 2, the bitcoin price fell from $13,868 to $9,651, recording a 30 percent pullback against the U.S. dollar. Technical analysts have expressed optimism towards the swift recovery of bitcoin from a large pullback as the dominant crypto asset has shown a change in trend within a short time frame. A big pullback for bitcoin is often followed by a rally According to Josh Rager, a cryptocurrency technical analyst, when the bitcoin price experiences a steep correction, it is often followed by a…

ChainLink (LINK) Surges 75.6%, Has Google And Coinbase Support

ChainLink (Link) Surging, adds 75.6 percent Google entry and listing at Coinbase significant for Link Oracles are the future, and Google is strategically positioning itself to be a valuable source of verifiable data. By partnering with ChainLink, Link which also got a “Coinbase Effect” boost, is bullish in the long term. At spot rates, the token is up 75.6 percent from last week’s close. ChainLink Price Analysis Fundamental In the top 20, LINK is conspicuous. Not by what the token represents but because of its price performance in the last…

Bitcoin (BTC) Chart Bullish (Again) After Recovery to $11,000

Bitcoin Now Bullish After Recovery Activates After entering the $9,700 region just the other day, Bitcoin (BTC) has bounced back. Hard. As of the time of writing this article, the leading cryptocurrency sits at $11,000 — up nearly 7% in the past 24 hours as BTC registers a strong bounce after a 30% selloff that took place over a matter of days. While this bounce is to be expected, is the Bitcoin price chart bullish once again, just like it was earlier this month? According to a number of prominent…