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Crypto Sector News // #4

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FreeWallet.org SCAM - Millions stolen
It appears as if the very known Ethereum wallet, FreeWallet has been hacked. All of the users transactions have been automatically forwarded to another address. Currently it appears as if there is missing over $10,000,000 worth of Ethereum. >>Source

Bitcoin Price Flips Downward After Almost Reaching $3,000
The price of bitcoin has been surging over the weekend almost touching $3000 per BTC on Sunday, June 11 across most global exchanges. The following day roughly around 6:30 am bitcoin’s price took a steep decline dropping to a low of $2700 but has since bounced back a touch after the dip. >>Source

Japan’s Largest Online Travel Agent Bringing Bitcoin to 1400+ Hotels This Summer
The bitcoin exchange Bitpoint has partnered with Japan’s largest online travel agent Evolable Asia to bring bitcoin payments and exchange services to over 1,400 hotels and inns across Japan this summer. >>Source

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Exchanges Kraken, Coinbase, Gdax and Poloniex Repeatedly Overloaded During Big Price Movements
After testing $3000 USD, bitcoin entered a sharp retracement which saw several major bitcoin exchanges experience significant technical difficulties. >>Source

New Bitcoin.com Podcast Episode with Charlie Shrem and Anthony Di Iorio of Jaxx
This week Bitcoin.com’s podcast host Richard Jacobs talks with the ‘bitcoin folk hero’ Charlie Shrem, and the Jaxx Wallet founder and CEO Anthony Di Iorio. >>Source

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Nevada Becomes First US State to Ban Blockchain Taxes
Nevada has become the first state to ban local governments from taxing blockchain use. >>Source

Russian Central Bank Group Prepares 'Masterchain' Ethereum Fork for Testing
A group of Russian banks, payment firms and financial startups have completed an initial working version of their previously announced 'Masterchain' blockchain software. >>Source

Popular Demand Spurs Goldman Sachs to Start Covering Bitcoin
After numerous client requests, Goldman Sachs has reportedly started covering bitcoin. The firm released a report on Monday with a bearish outlook for the digital currency. >>Source

The Rise of Digital Money Has Exploded Since Bitcoin’s Creation
Bitcoin changed the landscape of digital money when it was introduced to the world in 2009, and was followed by many other types of cryptocurrencies. Now bitcoin and the over 800 copycats (so called altcoins) have reached a very large market valuation of $110 billion. >>Source

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  • Announcement Threads
    • FreeWallet.org SCAMS MILLIONS [MUST READ] - Αdvertisement
      There has been a lot of outrage in the community after it was discovered that FreeWallet.org has scammed approximately $15,000,000. This thread opens up for discussion about the situation and also includes valuable information about the situation.
  • Interesting Threads
    • SELL SELL SELL - Omniscient
      Our administrator, Omniscient recommends people to sell while the profit is good and others aren't cashing out. It appears as if the call Omniscient made was legitimate. A few days after his thread we market was met with a bleed among all the coins except for Ethereum.

      Crypto Sector | Crypto Converter | A Devastating Good-bye | One Last Contribution - Lookin
      As the Crypto Sector is coming to an end, they decided to release one final resource to the community. The Crypto Sector will rebrand into the upcoming crypto group, Consensus.
  • Tutorial Threads
    • AJ's CryptoCurrency and Market Trading Youtube Catalogue - AJ911
      Many people have been thinking about, or already are invested into cryptocurrencies, but don't know what to do once you have placed/planning to place your orders. AJ provides a basic, but knowledgeable framework around how trading works, and some of the strategies and useful tools which cold help you with becoming a successful crypto trader.

      AJ's CryptoCurrency and Market Trading Guide 850+ pages - AJ911
      This informative thread contains several different educational materials which will help readers develop their knowledge and skills that are required to be a successful trader in various market conditions.

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good work on the thread bud. always fun reading it.
Great job once again to the team!
Especially myself for watching them work, and not offering to help! :D
I only deal onsite fam
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Well anytime I travel to Japan I'll be buying my hotel with BTC apparently. 🤝

Also, that's insane about Nevada.

Good as always, thanks.
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Great work Lookin.

I'm looking forward to working on the upcoming ones.

Free the political prisoner Robert Shmurda.

Nice work Lookin.

I look forward to the group.
I thought the MyFreeWallet thing was settled? They were moving it into cold storage IIRC.
Not that I personally trust online wallets, though.
Nice work, very helpful information. Keep it up!
Crypto News will continue in the name of Consensus, hopefully by next week. All the graphical work is being done, so hopefully it will be ready by edition 5.
Good work as usual and nice layout.

A suggestion for something new would be possibly showcasing a member who has had the most returns for the week. Not sure how it could be done other than by users reporting it since it would be a pain in the ass to keep track of.
What would you say is gonna moon this week?
(Jun 13, 2017 03:07 PM)Kill Joy Wrote:  Good work as usual and nice layout.

A suggestion for something new would be possibly showcasing a member who has had the most returns for the week. Not sure how it could be done other than by users reporting it since it would be a pain in the ass to keep track of.
I wanted to do that as well, but then I thought about it. I feel like it could cause a lot of drama in the community – we wouldn't want to promote someone who is a fraud, someone who lied, or someone who is looking to pump a coin. If we showcase a specific member, then some people might follow his footsteps and do whatever said member is doing. He could false-promote a coin and attempt at pumping it, and considering the fact that people remember him being showcased on here, they might follow him and help him pump the coin.

It's a great idea, sadly it is going to be difficult to execute it properly.
(Jun 13, 2017 03:14 PM)Xeenon Wrote:  I wanted to do that as well, but then I thought about it. I feel like it could cause a lot of drama in the community – we wouldn't want to promote someone who is a fraud, someone who lied, or someone who is looking to pump a coin. If we showcase a specific member, then some people might follow his footsteps and do whatever said member is doing. He could false-promote a coin and attempt at pumping it, and considering the fact that people remember him being showcased on here, they might follow him and help him pump the coin.

It's a great idea, sadly it is going to be difficult to execute it properly.

I didn't think about that. You're right it won't be a good idea because of that. I have an idea that I might run with that could be included in the news. I'll think about it more. Have a 2 hour drive right now to think.
Thank you man, keep going!
Thanks for this guys, much appreciated.

Can I suggest one thing? Your thread header/title isn't aligned with the rest of the thread under it... OCD can't handle it! Hahaha

Other than that nice to see such quality contribution and commitment.. Thanks again.

Edit: 5 stars


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