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Added on the 26/04/2019 06:59:49 - Copyright : Wochit
The first exchange market for cryptocurrencies was opened in Moscow on Thursday where real people can come in and meet in person before trading. The authors of the project hope that the exchange will provide a legal way of receiving funds from abroad without withdrawing foreign money from Russia. The exchange has even introduced its own currency called CryptoSterling which will be backed by silver.
The parents of disgraced crypto star Sam Bankman-Fried; along with the prosecution's first witness, Marc-Antoine Julliard; and prosecution lawyer Nicolas Roos are seen outside the courthouse during the second day of the trail against the former CEO of one of cryptocurrency's biggest exchanges. A jury will determine if Sam Bankman-Fried committed massive fraud by stealing billions of dollars from clients. IMAGES
Cryptocurrency tycoon Sam Bankman-Fried is escorted out of the Magistrate Court building in Nassau, Bahamas. The 30-year-old founder of the FTX platform, who was arrested in the Bahamas Monday at the request of the United States, was hit with multiple criminal charges Tuesday, accused of committing one of the biggest financial frauds in US history. IMAGES
Mark Cuban compared the cryptocurrency boom to the dot-com bubble. In a string of tweets he recommended buyers hedge their bets. He warned them about the dangers of debt in a string of tweets this week. "Watching the cryptos trade, it's EXACTLY like the internet stock bubble." Cuban sold his startup to Yahoo in 1999. He managed to protect his billion-dollar windfall when the market crashed a few months later. "My advice? Learn how to hedge," he tweeted.