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Nick Marinoff



Articles by Nick Marinoff

Guardian Platform Seeks to Bring All Crypto Project Data Under One Roof

14 hours ago

Guardian Platform – a leading ERC-20 token firm – is in the process of developing what it’s calling the “Stage 5” project data dashboard. The product is quite unique and ambitious in the sense that it will bring information about all the leading crypto-based projects out there right now to customers through a single point.
Guardian Wants to Give Us All the Necessary Crypto Data
One of the big things about crypto projects nowadays is that they are often somewhat obscure. Unless their tokens are trading at specific prices, they are not listed, nor is much information given about them to members of the trading public. Guardian wants to change all this by giving these projects the attention they’re due.
The Stage 5 project consists of information that the companies

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Uruguay Is Calling for Crypto Regulation

16 hours ago

The government of Uruguay in South America has introduced a new bill that would see all cryptocurrency-related activity being regulated within the nation’s borders.
Uruguay Wants to Regulate Crypto
Under the new bill, central banks would serve as the ultimate regulatory authority. The status of cryptocurrencies and digital assets would be fully outlined in the bill, and all companies that delve in digital tokens or in blockchain would fall under the supervision of what’s known as the Superintendency of Financial Services (SSF), which is the leading central bank entity in all of Uruguay.
In addition, they will also be required to remain fully compliant with anti-money laundering laws and KYC (know your customer) protocols to prevent customers from being scammed. The

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Coin Flip Opens One-of-a-Kind Crypto Education Center

18 hours ago

Cryptocurrency company Coin Flip (based in Chicago, Illinois) is opening a first-of-its-kind firm it’s calling a “crypto experience center (CEC)” in the city of Tampa, Florida. Open seven days a week from 11 in the morning to eight at night, the center will allow members of the public to step in and explore the growing world of crypto and potentially get their questions answered.
Coin Flip Wants to Answer Your Crypto Questions
In addition, it also features what’s called the “innovation center” for employees. They can take advantage of the engineering hub the facility has to offer. Free events and educational seminars will be offered, while additional sources on how to trade safely and use crypto ATMs (the signature products of Coin Flip) will also be doled out to

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Axie Infinity Gets Some of Its Stolen Crypto Back

2 days ago

Earlier in the year, Live Bitcoin News reported a major hack on the Axie Infinity network. The company lost more than $600 million in crypto funds, and later analyses suggested the hack had occurred through the efforts of Lazarus, a notorious cybercrime enterprise based in the nuclear state of North Korea.
Axie Infinity Comes Out the Winner
It appears there is someone above looking out for Axie Infinity as law enforcement agents in the U.S. report having garnered as much as $30 million of that money back. While the number is relatively small compared with what was taken, this gives traders (and the company) hope that perhaps with time, the rest can be recovered, and those who commit themselves to evil or selfish acts will be thwarted in the long run.
Lazarus is a

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BTC Fell in Mid-September Due to Higher Inflation

2 days ago

A report published in mid-September showed inflation was (what a surprise) higher than expected, and bitcoin took serious heat for it. The world’s number one digital currency by market cap fell into the low $20,000 range not long after and lost about $2,000 off its price.
Inflation Keeps Getting Worse
This is also bad news in the sense that as inflation continues to remain high, the Federal Reserve will likely stay aggressive and hike rates again. Thus, we can logically expect bitcoin to incur more losses as the economy experiences further shifts towards the negative.
The report – published by the Consumer Price Index (CPI) – shows inflation was about 8.3 percent higher than where it was during this time in 2021. Everywhere, Americans are feeling the heat in

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Crypto Firm Bit Panda Seeks to Offer Traditional Commodities

2 days ago

Bit Panda – a financial technology firm based in Vienna, Austria – has stated that it’s going to be reverting back to the ways of traditional finance (or tradfi) in coming weeks and months and somewhat step away from the cryptocurrency and defi spaces.
Bit Panda Wants a More Traditional Route
The digital currency arena hasn’t been doing too well as of late. The price of bitcoin, for example, was trading at a new all-time high of about $68,000 per unit in November of last year. Now, 11 months later, the currency is struggling just to maintain a position in the low $20K range. In addition, the valuation of the entire crypto market has seemingly fallen by around $2 trillion during this time as well.
As a result, Bit Panda is looking to step away from the digital world of

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Clean Spark Buys Mega Mining Facility in Georgia

3 days ago

Crypto mining firm Clean Spark is purchasing a whole new bitcoin mining facility in the city of Mawson, Georgia. The business – which is being sold for approximately $33 million – will help Clean Spark by increasing its hash rate to about 1.3 exahashes per second.
Clean Spark Is Building Its Empire
The topic of crypto mining continues to be a controversial one. Without mining, there would be no crypto. We all know that by now. For the most part, unless something like staking is involved such as with a proof of stake (PoS) module, most digital asset units are placed in circulation through the process of staking, which requires computers to solve complicated mathematical equations. From there, whatever units are taken from their respective blockchains are added to the

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Celsius-Themed Monopoly Game Irks Crypto Fans

3 days ago

A new Celsius-themed Monopoly game is coming out for crypto users to “enjoy,” but the problem is that many people out there don’t seem too thrilled or amused by the product. In fact, this is now getting Celsius a lot more flak than when it decided to file bankruptcy and halt all withdrawals.
Celsius Continues to Stoke the Fire
We all probably remember playing Monopoly as a kid. The game would often take days, weeks, or even months given how strict you were with the rules. The idea of earning money, chalking up properties, and avoiding jail has become one of the most fun and talked-about board games in modern history, and there have been several renditions of it over the years.
But with this new Monopoly game based on failed and notorious crypto lending network

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Crypto Scams in Australia Are Getting Huge

3 days ago

The region of Queensland in Australia has, as of late, been a hub for crypto fraud and related scams, and it looks like residents have lost close to $40 million at the time of writing. This is a huge uptick from the number reported just last year during this time, which was around $20 million.
Australia and Crypto… Not the Greatest Match?
Throughout Australia, as much as $263 million has been lost to crypto scams. Federal police in Australia now refer to the growing threat as a serious problem across the country.
One person who fell victim to such scam activity was a young woman who’s simply going by the name “Ella.” She was prompted to invest her life savings (approximately $34,000) into a phony investment scheme, and she’s yet to receive any of that money back. She

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Jay-Z and Jack Dorsey Give $1,000 to Bitcoin Academy Attendants

4 days ago

Back in July, billionaire moguls Jay-Z (a rapper and businessman) and Jack Dorsey (the former CEO of Twitter) put their heads together to establish what they’re calling the Bitcoin Academy.
Jay-Z Is Pushing Bitcoin Further
The goal was to help all residents of the Marcy Houses in New York – where Jay-Z allegedly grew up – and grant them financial independence through bitcoin and blockchain education. Not long ago, it was reported that both the rapper and his social media counterpart airdropped as much as $1,000 in BTC into the digital wallets of all Marcy House participants of the Academy.
The money was provided through self-custodial wallets such as Cash App and Munn Wallet. The agenda of the Bitcoin Academy is to provide courses and additional educational seminars

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Perianne Boring: The SEC Must Approve a BTC ETF

4 days ago

The Securities and Exchange Commission (SEC) has yet to approve a single bitcoin-based exchange-traded fund (ETF), and many representatives of the crypto space are beginning to have serious issues with this. Recently, Perianne Boring – the founder of the Digital Chamber of Commerce – delivered a new report claiming that the SEC is purely out to stop crypto in its tracks as part of a larger political agenda rather than through attempts to protect investors.
The SEC Has Not Always Been Kind to Crypto
In an interview, Boring said the SEC has turned down 16 applications from companies looking to establish bitcoin ETFs. She says this is not normal, and that the agency is simply looking to expand its control rather than help investors move ahead. Boring commented:
We detail

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Senators Tell Facebook How to Fight Crypto Fraud

4 days ago

Roughly nine democrat senators – including Cory Booker of New Jersey, Elizabeth Warren of Massachusetts, and Bernie Sanders of Vermont – have sent a letter to Mark Zuckerberg – the CEO of Facebook (now Meta) – wanting to know what he’s doing to potentially end all crypto scams appearing on his social media platform.
Facebook and Crypto: A Rough Relationship
The letter also details steps Zuckerberg can take to ensure fraud never becomes a major issue. The crypto space has long been wrought with fraud and other illicit items, and several people appear concerned that the social media site isn’t doing enough to ensure customers don’t fall victim to things that may not be real.
The letter states:
Based on recent reports of scams on other social media platforms and apps, we

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Jackson Palmer Wants to Be Free of Elon Musk

5 days ago

Elon Musk has long been a fan of Dogecoin. He has always been there to support it and try to help it get to the moon. What’s funny is that the only person who’s not too happy about this is Jackson Palmer, one of the men behind the popular meme currency.
Elon Musk and Jackson Palmer: A Strange Relationship
Palmer is one of the most interesting figures in the crypto space. He says that the popular digital currency Dogecoin was initially created as a joke; a way of making fun of the growing crypto fad. He never expected it to get so popular, and the creation of the asset was originally a hobby. Now, he says it’s falling into the “nuisance” category. He’s tired of hearing about it, and he’s tired of Musk and so many others dragging him into conversations about it.
In a

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Did Bitcoin Get Caught Up in Hype Surrounding The Merge?

5 days ago

In mid-September, bitcoin – the world’s number one digital currency by market cap – ran above the $22,000 mark for the first time in nearly a month.
Bitcoin Experienced a Small Surge in Mid-September
Everyone was praising the move given the asset had recently hit a price below $19,000, something it hadn’t done since June of this year. This means that after hitting a near-three-month low, the world’s primary digital asset seemingly shot up by close to $4,000, marking what many analysts consider a relatively big jump.
While everyone was breaking out the champagne, not all the traders and industry experts out there think the signs are there for bitcoin’s newfound strength to stay active. They think the currency could wind up experiencing more major dips, and thus things

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MicroStrategy Will Sell Stock to Buy More BTC

5 days ago

We all love bitcoin. There’s no doubt about that, but is it possible to love bitcoin a little too much? People like Michael Saylor of MicroStrategy fame are putting this question into our heads with their recent purchasing decisions.
MicroStrategy Still Loves BTC
Not long ago, it was announced that MicroStrategy was going to sell roughly $500 million in shares. Right now, the price of the company stock is dropping, meaning that whatever money the company gets for the shares could have been considerably larger even at the beginning of the year, so MicroStrategy is stuck taking some serious losses at the time of the sale.
One of the big reasons the price of the stock has fallen so badly is because the company has put so much bitcoin on its balance sheet, and as we all

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Crypto Pool Enterprise Poolin Is Halting All Withdrawals

6 days ago

As volatility in the crypto market continues, another company has decided to halt all withdrawals as a means of retaining and controlling liquidity. This time, the firm in question is a crypto mining pool provider known as Poolin, and none of the firm’s customers can gain access to their money.
Poolin Is Preventing Customers from Accessing Their Money
The maneuver has got a lot of crypto traders and analysts worried given that these kinds of steps only lead to more trouble down the line. Thus far, Poolin is following in the footsteps of now doomed and infamous lending company Celsius, which halted withdrawals in the summer of 2022 and has since gone on to file for bankruptcy protections.
Voyager Digital is another company that halted withdrawals not long before it

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Another Hack Involving the Face of Crypto’s Elon Musk Has Occurred

6 days ago

A hacker has used an old video of Elon Musk talking about cryptocurrency to potentially infiltrate the South Korean government.
Elon Musk Is Constantly “Loved” By Hackers
The incident was reported during the early morning hours of a day in mid-September. A YouTube channel hosted by South Korean regulators that often features videos and commentary discussing incoming policies and government-based events was overtaken by the hacker. The channel presently has about 263,000 subscribers.
The person in question changed the name of the channel to “SpaceX Invest” named after one of Musk’s billion-dollar companies and took control of the account to stream an old video featuring Musk discussing the many benefits of digital currency.
The Ministry of Culture, Sports, and Tourism

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Jake Paul Bashes Biden Over Falling Crypto Prices

6 days ago

YouTuber and boxer Jake Paul has some harsh words for Joe Biden. Like many Americans, the social media star has grown disillusioned with the acting president, and a lot of it has to do with cryptocurrency.
Jake Paul Is Not Happy with Biden, and Can You Blame Him?
As many of his fans know, Paul is a mega crypto fan, having invested millions of dollars into the market before losing much of it in recent months like several traders. The digital currency scene is taking a serious beating, having lost roughly $2 trillion in overall valuation since the beginning of the year, and many of the world’s leading assets – such as bitcoin and Ethereum – have lost between 60 and 90 percent of their values.
Paul took issue with many of Biden’s failed economic policies, which he cites

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Binance to Remove Fees for Some Ethereum Transactions

7 days ago

Binance – the world’s largest digital currency exchange by daily trading volume – says it’s looking to give crypto fans a break by expanding its fee-free services and transaction capabilities to include Ethereum.
Binance Says It’s Eliminated Fees for Some ETH-Based Transactions
The goal is to enable all Ethereum-based transactions to be free of additional charges. The move correlates with the big “Merge” that everyone’s been talking about for the past several months. With Ethereum moving from a proof of work (PoW) module to proof of stake (PoS), the world’s second largest digital currency by market cap and the primary competitor to bitcoin is slated to become far more energy efficient. It will also reportedly become cheaper and enjoy faster speeds.
Binance has said

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Crypto Exchange Rain Lays Off Many Staff Members

7 days ago

Another digital currency exchange has let a bunch of its employees go. In an age of layoffs, it’s only natural that such a trend would continue so long as the crypto winter remained in full force. Right now, it appears the latest firm to say goodbye to several members of its staff is Rain, a digital currency trading platform based in the Middle East.
Rain Says Goodbye to Many Employees
Founded in 2017, the company is licensed by the Central Bank of Bahrain and provides services to residents throughout the Gulf. Just last January, Rain raised more than $110 million in a special seed funding event, though like many crypto companies, the firm is being affected heavily by ongoing volatility and is now being forced to make cutbacks.
One of the company’s founders – Joseph

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Ted Cruz Is Becoming a Major Bitcoin Fan

7 days ago

Ted Cruz – the republican senator of Texas – is fighting hard for crypto and its advocates. He’s learning more about the space and working to ensure it’s a future hub for innovation in the U.S.
Ted Cruz Is an Official BTC Fan
Not long ago, Cruz toured the facility of Riot Blockchain – one of the biggest crypto miners in existence – in Texas and discussed his experiences on social media. He stated:
I am proud to lead the fight of the crypto industry in the Senate. Texas will continue to be the center for crypto innovation.
At the time of writing, Riot is stirring the controversy pot given that its new mining facilities have evoked many angry feelings from residents in the area. They say that with Texas experiencing such a massive energy crisis in recent days, the state

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Crypto Mining Noise Is Angering Residents of a North Carolina Town

8 days ago

In a remote town in North Carolina, many residents that have spent the last several years there are complaining about noise… Noise they say is on par with a dozen jets flying over their homes. There aren’t any planes or jets. Rather, the noise is coming from a series of crypto mining rigs set up by Prime Block, a mining enterprise based in San Francisco.
Mining Noise Is Hurting Residents
The noise appears to occur on a regular basis, with many residents saying it goes seven days a week, 24 hours a day. Several of these rigs are set up in small huts at the base of what’s known as Poor House Mountain, and while some of the folks living there are situated several miles away, they can still hear the mining rigs.
Mike Lugiewicz is one of the unlucky people who lives close

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The Fed May Help Crypto Through the “Great Pause”

8 days ago

The Fed has been in the news quite a bit as of late. At the end of August, the agency stirred controversy when Jerome Powell gave a five-minute speech talking about more rate hikes. Naturally, crypto fans throughout America got extremely worried about what could happen to their assets, which have been falling in price thanks to ongoing rate hikes from the Fed.
The Fed May Wind Up Helping BTC
However, some analysts now believe that the Fed could potentially contribute to a late-year bull run for bitcoin and many leading altcoins. Referred to as the “great pause,” they say that this will happen when the Fed’s rate hikes will have had the intended effect, thus putting inflation in the United States to rest, and bringing the economy out of the doldrums.
Bill Barhydt –

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BTC Bull Michael Saylor Sued Over Tax Dispute

8 days ago

Poor Michael Saylor. As if the man doesn’t have it bad enough.
Michael Saylor Has Serious Tax Woes
Not long ago, the billionaire investor and CEO was ousted by his own company after more than 30 years in a top executive position following his many bitcoin-related decisions… Decisions that ultimately put the company in heavy loss positions.
Saylor was downgraded from CEO to executive chairman. The move would allegedly permit Saylor to focus purely on bitcoin in the future, something he feels strongly about despite the negative price runs it’s been experiencing these last several months. While he’s staying onboard with MicroStrategy – the software firm he’s been tasked with running since the year 1989 – no doubt there was likely some embarrassment amidst all the hype

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Crypto.com Has Made a $10 Million Mistake

9 days ago

So much for fortune favoring the brave. Crypto.com – one of the largest and most well-known digital currency trading platforms in the world – has made a multi-million-dollar mistake by sending piles of money to a lone recipient… And then not noticing for several months.
Crypto.com Has Sent a Lot of Money Out By Mistake
More than $10 million in digital currency funds were sent by Crypto.com to Melbourne native Thevamanogari Manivel. The clincher is that the company only meant to process a $100 refund. However, the Australian resident wound up earning a fortune thanks to the company’s big error.
Even worse is that Crypto.com did not realize what had happened for at least seven months, and by then, Manivel had sent all the money to varying accounts, meaning the money was

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Meco Limited Unveils New Solar-Powered Crypto Mining Operation

9 days ago

Meco Limited, aka Mecobit, has unveiled the world’s first fully solar-powered crypto mining operation. Known as the Ultimate Solar Power System, the prototype for the project was first unveiled in August 2020 at the Hong Kong Technology Bureau.
Meco Limited Looks to the Sun to Mine Crypto
Now, it looks like the mining operation is fully up and running, and it likely couldn’t have come at a better time. Many people out there are extremely worried about all the problems the world is potentially facing due to the ongoing hype surrounding crypto mining. Allegedly, it uses more energy than many developing countries as several reports have discussed in the past, and even head honchos in the crypto space are beginning to fall for this idea.
Elon Musk, for example, is the

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Al Jalila Foundation Receives $16 Million Crypto Donation

9 days ago

The Al Jalila Foundation – which is a member of the Mohammed bin Rashid Al Maktoum Global Initiatives – has announced that it’s received a crypto donation exceeding $16 million. Not only is this a huge number, but it’s also the first digital currency donation the organization has ever received. The money will go towards supporting the Hamdan Bin Rashid Cancer Charity Hospital.
Al Jalila Accepts Major Crypto Donation
Dr. Abdul Kareem Al Olama – the CEO of the Al Jalila Foundation – explained in a recent interview:
As a philanthropic organization, we rely on charitable donations, and we are always seeking innovative ways to expand our donation channels for ease of convenience for donors from all around the world to support our programs. We are grateful to QUINT for

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Analysts Think Bitcoin Is Going to Fall Even More

10 days ago

Bitcoin and Ethereum have been having a tough time. The problems began again at the end of August when Jerome Powell, the leader of the Federal Reserve, made a five-minute speech suggesting the agency was going to be ruthless in its attempts to curb inflation.
Bitcoin Ain’t Doing So Hot
This, of course, means people can potentially look forward to further rate hikes, which have not done well for bitcoin. Every time rates go up, bitcoin’s price goes down along with the prices of many of the world’s leading altcoins (i.e., Ethereum), and thus many analysts are now predicting the worst when it comes to the globe’s two leading digital currencies.
Over the past ten months or so, the United States has been subjected to record levels of inflation. Joe Biden’s economic

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Paraguay President Benitez Rejects Crypto Mining Regulation

10 days ago

Mario Abdo Benitez – the president of Paraguay – has rejected a crypto mining bill that would have brought a certain level of regulation to an industry that has grown so popular in recent years.
Benitez Doesn’t Want to Regulate Crypto Mining
The bill calls for two specific things. Number one, it asks for committees and agencies throughout the country to explore the benefits of mining to see if it could potentially be transformed into an industrial activity. This would bring it under a more centralized rooftop, ensuring it was utilized by the government and leading institutions.
Second, the bill would require all crypto miners within the country to become licensed, and thus they would have to meet certain requirements before they could extract crypto units from the

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Regulators Press Crypto Exchanges for Details on Customer Protections

10 days ago

A panel of House members in the United States Congress is pressing cryptocurrency leaders to discuss what they’re planning to do to protect potential crypto investors from falling victim to fraud and scams.
How Can Crypto Keep People Safe?
One of the big problems associated with running an unregulated industry like crypto is the fact that there are virtually no rules, and there are practically no governing bodies that can get in the way of things going wrong or people losing their money. As a result, while the notions of crypto have certainly been taken to heart (everyone enjoys financial independence), there are usually few punishments dished out to those who seek to engage in illicit behavior.
Some of the biggest examples of crypto fraud have occurred within the

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