Global interest in cryptocurrency has been on the rise for quite some time now. While it is evident that consumers and even financial institutions are quite keen on this new industry, it seems governments are taking notice as well. The US Federal Trade Commission, for example, will organize a full-blown cryptocurrency workshop in June of this year. The FTC Takes Notice of Bitcoin and Altcoins It is good to see …
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With so many different altcoins available these days, most people won’t even remember Feathercoin. Although this cryptocurrency has a bit of a checkered history, one of its lead developers has announced he will make a return in 2018. In addition, he has unveiled some interesting plans for this currency, which will celebrate its fifth birthday next year. What’s Next for Feathercoin? For those people who have been involved with cryptocurrency for more than five …
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Bitcoin mining hardware manufacturer Butterfly Labs, has agreed to settle a dispute with the FTC, which accused the company of deceiving customers. According to the FTC’s complaint – which was filed on the 18th of September in 2014 – Butterfly Labs misrepresented the profitability of their mining machines, and also kept customer’s pre-payments without delivering the mining hardware for an extend period of time. According to an official press release …
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