Bitcoin playboy who ‘made it rain’ accused of HK$3M fraud

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You might remember Wong Ching-Kit, the self-styled Bitcoin ‘millionaire’ behind last month’s outlandish publicity stunt, which saw thousands of dollars rain from the sky in one of Hong Kong‘s poorest neighbourhoods. Well, four angry blockchain speculators hav…

Investors poured a record £200M into UK cryptocurrency startups in 2018

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Funding into cryptocurrency and blockchain startups in the UK reached a new record last year. According to data published by Pitchbook and London & Partners, companies in the space raised more than £200m from venture capital investors. Big rounds included the…

Top 5 Worst Bitcoin Price Predictions of 2018

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Despite the price of bitcoin reaching a record high in 2017 and then taking a bearish turn as 2018 kicked in, bitcoin bulls were not deterred and continued making overoptimistic predictions throughout the year. Among the prominent bitcoin bulls, the co-founder of markets analysis firm Fundstrat Global, Tom Lee, stood out for his unrelenting optimism…

Calling Crypto a ‘Harsh Mistress,’ ShapeShift Announces Major Layoffs

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ShapeShift exchange has become the latest in a string of cryptocurrency and blockchain companies to announce major layoffs due to the ongoing cryptocurrency bear market. In a Medium post entitled "Overcoming ShapeShift's Crypto Winter and the

There’s more to Bitcoin maximalism than meets the eye

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Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and advice to keep you up to date in the cryptocurrency and blockchain world. If you’ve been in the Bitcoin and cryptocurrency game for any longer than a month, you’ve probably come across som…