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Why Bill Gates Thinks Cryptocurrencies Are Super Risky

Bill Gates, the Microsoft Corp. co-founder carried out a question and answer session on discussion site Reddit, where he voiced his views on cryptocurrencies, expressing concerns for what virtual currencies are used for, and how the anonymity of them encourages illegal and negative behaviour. He said; “The Governments ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now cryptocurrencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICO’s and cryptocurrencies is super...

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Cardano (ADA) Wants To Beat Bitcoin And Ethereum

Cardano has recently stated that due to the fact they have started their own technology from scratch they are going to soon be ahead of cryptocurrency giants Bitcoin and Ethereum. It is their goal to beat them both in the market and have publicly announced this intention. So how do they intend on doing this? Cardano is currently 6th in the market with an $8.7b market cap compared to Bitcoin and Ethereum which are reigning over other cryptocurrencies in the top spots. Before Cardano can even hope to achieve number one status they must first gain value over Litecoin, Bitcoin...

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A New Smartphone Is Being Released That Is Designed To Keep Your Crypto Safe

Despite the rocky start to the year, cryptocurrencies are becoming more widely accepted. Perhaps the latest move to prove this, is a smartphone that is being released that is aimed at securing your investments from even the most skilled hackers. The German cybersecurity firm Sikur, is responsible for the release of this smartphone, and it was unveiled for the first time yesterday at the Mobile World Congress in Barcelona. The phone has the features of a normal smartphone with one added bonus – a built in cryptocurrency software wallet. In order to test the security of the phone, the company...

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Litecoin To Surpass Bitcoin Cash This Year

Litecoin founder Charlie Lee yesterday tweeted that he expects Litecoin to surpass Bitcoin Cash by the end of 2018. Critics consider the recent hard work by the Litecoin team - forging partnerships and pushing for the cryptocurrency to be adopted for use on a number of platforms - as a reasonable step towards a potential increase in value. But will it be enough to overtake BCH? Merchant implementation Rumours abound that Litecoin is set to launch LitePal later in the year. The proposed service will function in a similar way to PayPal, allowing merchants to process transactions for a small...

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‘Satoshi’ Sued For $10Billion

The Bitcoin creator, Satoshi Nakamoto has remained somewhat of a mystery. nChain scientist Craig Wright, recently claimed to be him, but is now being sued for a huge, $10billion. Ira Kleiman is bringing the lawsuit on behalf of his brother, Dave, who was heavily involved in Bitcoin in the early days; however passed away in 2013. His involvement became clear, during controversy in late 2015. This was when Wright announced himself as Nakamoto. It quickly became apparent that the Bitcoin community was sceptical about his announcement, especially when he later said that he would not offer additional proof to back...

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