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Australian IT Worker Charged for Using Govt. System for BTC Mining

Mining cryptocurrency became almost useless at the end of 2018 and whereas it still isn’t as lucrative as it once was, you could still make some kind of profit from it. With mining, comes a lot of scammers and people who abuse their positions in certain roles such as an IT worker from Australia who is currently facing charges as a contractor and illegally using government agency computer systems, according to the local authorities. The 33-year-old worker has been charged by the Australian federal police under sections 477.2 and 478.1 of the criminal code act 1995 with “Unauthorised modification of...

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A Crypto Superwoman: Learn To Love Blockchain By Mastering Its Superpowers

By Julie Tanner, Co-founder & COO of Platon Finance A lot has been said about the lack of female presence in the blockchain world. Could blockchain become the next inclusive space? Many publications, including the New York Times, have pointed out how unwelcoming this male-dominated industry is to women who try to get involved. We could blame it on men, but it’s not the first time women have encountered difficulties when trying to participate in a blossoming industry. All throughout history, women have had to find ways to let men know that we also have ideas and skills, and the...

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Bulgarian Govt Sitting on $1.7 Billion Worth of Bitcoin

Two years ago, in May 2017, the Bulgarian government conducted a raid on illegal Bitcoin activities and seized more than 200,000 Bitcoins that are now worth around $1.7 billion. As they are now in possession of such a large sum of Bitcoin, the nation is sitting on a huge sum of money that puts them on the path to take over the UKs gold reserves. A press release at the time said: “Members of this organized criminal group invested money from illegal activities into Bitcoin, and the authorities discovered about 200,000 bitcoins. The authorities have searched more than 100 addresses,...

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Sally Ho's Technical Analysis 24 May 2019

Bitcoin Bitcoin (BTC/USD) extended gains early in today’s Asian session as traders pushed the pair to the 7984.90 area before some profit-taking emerged just below a retracement level that represents the 61.8% retracement of the move from 8315.00 to 7407.10. Buying activity started in earnest during yesterday’s European session when Bids emerged around the 7467.10 area, just above the 50% retracement of the move from 6600.00 to 8315.00. Stops were then elected above the 50-bar MA (4-hourly), then around 7770.80 and the 50-bar MA (4-hourly) then became supportive late in yesterday’s North American session. Traders are looking to see if...

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Litecoin (LTC) Might Be Days Away From A Massive Decline Below $80

Litecoin (LTC) has just tested a key support level again and is now likely to trade further within the descending triangle it has been trading in for the past two weeks. LTC/USD still has some room to trade sideways but it will have to break out of this triangle in the days ahead. If the price breaks below this triangle, it is likely to fall to the next support at $77. That support coincides with the 1.272 Fib extension level. If it fails to stop there, it will have to decline to $68.81. Either way, a fall below $80 is...

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