CryptoDaily; Bitcoin fraudster, IOTA, Bitcoin ETF, Ethereum; August 20,2018 21243
Bitcoin News
Aug 20, 2018 at 7:52 PM



Australia’s Demand Film to reward moviegoers with cryptocurrency

Demand Film, a prominent movie distributor based in Australia has recently released cryptocurrency for rewarding the moviegoers. The rewards are directed towards those users who are engaged in the promotion of movie trailers. The official name of the cryptocurrency launched by the Demand Firm is 'Screencreds'.This release is prior to the setting up of the company in Germany next week. This endeavour marks another application of blockchain technology and digital currencies in the movie industry.  Read more

Crypto bizman loses $2.3 million as trickster exchanges fake euros for Bitcoins

South Korean businessman based out of Singapore got duped of $2.3 million in an offline peer-to-peer exchange, Agence France-Presse (AFP) reported. The businessman who runs a cryptocurrency firm took part in a Bitcoin-to-fiat transaction with a Serbian. The exchange had costed him dearly as the Serbian swapped 2 million euros of counterfeit currency for Bitcoins, the report said. The incident took happened in a posh hotel in Nice city of France a month back. Read more

Bucket full of crypto for watching porn? Tube8 & VIT partnership is offering you so

Movies empty your popcorn bucket and pockets. But what Tube8 is trying to do, will fill your empty popcorn buckets with cryptocurrencies. Tube8, a top streaming and downloading pornographic website, has tokenized its platform and announced reward in the form of cryptocurrency for its content viewers. Users will be rewarded for streaming and interacting with videos on the Tube8 platform. Read more

$87 million cryptocurrency theft in China: Highly-skilled hacker trio arrested

Chinese police have arrested three persons for allegedly stealing bitcoins and other cryptocurrencies worth $87 million, Chinese news agency Xinhua reported on Saturday.The three individuals are caught on August 15 in Hunan, Changchun provinces, and Beijing respectively, after a months-long probe. The report says a victim, who goes by the name Zhang, approached police in the northwestern city Xi'an after he allegedly lost crypto assets worth $14.5 million. He gave a complaint in March. Read more

Andreas Antonopoulos bursts Bitcoin ETF bubble calling it a “terrible idea”

“I’m going to burst your bubble,” this is how Andreas M. Antonopoulos, a major Bitcoin enthusiast, explained Bitcoin ETF. He was of the opinion that his explanation would make several crypto enthusiasts interested in the Bitcoin ETF take their steps back as it is a “terrible idea”.“I know a lot of people really want to see an ETF happen because “to the moon and lambos!” But I think it is a terrible idea. I still think it is going to happen, I just think it is a terrible idea. I’m actually against ETFs. I think a Bitcoin ETF is going to be damaging to the ecosystem," he said. Read more

Japan’s Softbank denies involvement with Bitmain mining company

Softbank, Japan’s trillion dollar multinational holding conglomerate, has put an end to all the rumours stating its involvement with the crypto mining giant, Bitmain. Recently, several crypto media sources had reported the involvement of Softbank in an investment deal with Bitmain. Popular Chinese publication, QQ was the first to release a report that clearly mentioned about the deal. The article (translated from Chinese)  Read more

IOTA follows BTC, ETH, BCH, XRP and others to join eToro’s global investment platform

eToro, a social trading and multi asset brokerage company that wants to add as many top cryptoassets to its platform as possible, reached a milestone today as it added IOTA to its number of existing cryptoassets. With the inclusion of IOTA, the cryptoassets count reached 12 for the company. Yoni Assia, Co-founder and CEO at eToro, commented: "At eToro we believe in diversification and we are committed to bringing more cryptoassets onto our platform for our users to invest in.” Read more

Bitcoin fraudster & head of BitConnect India detained for ransacking millions of dollars

Divyesh Darji, the head of BitConnect in India, was detained this week at Delhi airport in India. Pertaining to a major cheating case where Darji and other conspirators are accused to wiped off millions of dollars from investors, Darji was arrested by Gujarat Criminal Investigation Department (CID) at the airport soon after his arrival from Dubai. Read more


Ethereum, first choice for phishers; reveals Kaspersky report

The Kaspersky report unveils that $2.3 million has been generated in Q2 of 2018 by phishers who mostly deceive the Ethereum users. The deceitful tactics of the cybercriminals make the victims, themselves transfer crypto-funds to the Ethereum wallets.Kaspersky, the well established cybersecurity firm has  recently published its report, namely, Spam and phishing in Q2 2018. In the report, it is mentioned that crypto investors are the primary target of malefactors who get duped by the fake websites of ICO. These criminals  making their distinct presence online. Read more

EOS, Ethereum and Komodo are the top 3 coins according to the Chinese Government

Surprising, yet true. The China Centre for Information Industry Development (CCID) has released its fourth 'Crypto project rankings', where the top 3 positions have been taken by EOSEthereum and KomodoBitcoin is at the 10th position.CCID began the ranking process in May, where it ranked a total of 28 cryptocurrencies. During the following 3 months, it added two, one and two coins respectively to the listing. The latest ranking that it has released puts EOS and Ethereum in the top two positions. Read more

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