Crypto mining startup CryptoSolarTech, based in Spain has determined to make return $68 million raised throughout its initial coin offering (ICO).

CryptoSolarTech sent a letter to all its investors stating the move.
The mining firm was aimed at starting up a cryptocurrency mining facilities in Southern Spain. But as the result of rising electricity price in mind, the firm determined to use solar power for power supply in its facilities. However, it didn’t get a permit to start out its operations.

In the issued letter, the founders of the project pointed that the situation is no longer within their control and promised to make return all the funds in 60 days.

CryptoSolarTech initiated its token sale in June 2018. The funding initiative was an enormous success because the company raised around $68 million in an exceedingly two-month window. in line with reports, most of the investments came from investors primarily based in Singapore and Spain.


Read more:

https://cryptoinfoplus.com.ng/c/crypto-firm-set-to-refund-68-million-raised-during-ico-back-to-investors/

Initial Coin offering  (ICO), a sort of fundraiser within the cryptocurrency space have additionally become a medium to scam investors. to reduce the chance of such fraudulence, The Federal Bureau of Investigation (FBI) wants you to be tactful once it involves your hard-earned cash.

At a recent interview with Netherlands-based financial news portal, the Paypers, the Bureau discerned to some key options of the deceitful ICOs. However, Steven M. D’Antuono, section chief of the FBI’s financial crimes section disclosed that the routine of fake or prohibited ICOs are often varied, but, there are some common threads in them. The fraud ICOs can misrepresent their expertise within the business, it'll incorrectly claim the industry’s interest within the ICO, and most significantly it'll guarantee the coin’s unreal rate of return. D’Antuono noted that in any investment product rates of return will never be guaranteed. He said,

“Like any investment product, rates of return will never be guaranteed and if it sounds too good to be true, it probably is.”


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https://cryptoinfoplus.com.ng/c/invest-what-you-can-afford-to-lose-fbi-advises-against-scam-icos/

As the entire crypto world continues to be making an attempt to survive within the current market conditions, an exchange like Binance feel rather assured. Because the chief executive officer of Binance has recently expressed, he’s fully positive that his exchange that’s the biggest cryptocurrency exchange by adjusted trading volume within the world, are going to be able to keep afloat in any market.

And currently it’s been discovered that Binance is prepared to launch its decentralized platform known as Binance DEX for public testing.

Changpeng Zhao, the company’s chief executive officer, recently announce a tweet on his account that the company selected a date for public testnet release of Binance Chain. The unveiling of the native public blockchain that was engineered to support the DEX is set to take place for February 20th.



Read more:

https://cryptoinfoplus.com.ng/c/binance-decentralized-exchange-set-for-public-testing-on-20th-february/

A recently revealed report claims that in 2018, $1.7 billion Cryptocurrency was lost to scams and thefts, a figure 3.6 times quite the quantity stolen in 2017.

As reported by CipherTrace Cryptocurrency Intelligence’s report, $950 million was stolen from cryptocurrency exchanges, the lion’s share returning from the hack of Japanese exchange Coincheck that lost over $500 million of NEM in early 2018.

On high of those thefts, the analysis found investors and exchange users lost a minimum of $725 million in cryptocurrency in 2018 to exit scams like deceitful ICOs, mobile phone exchange hacks, and Ponzi schemes.




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https://cryptoinfoplus.com.ng/c/1-7-billion-worth-of-crypto-lost-to-thefts-and-scams-in-2018/

In order to start investment in cryptocurrencies and tokens, you initially have to open an account in a cryptocurrency exchange. A cryptocurrency exchange is just a platform that facilitates cryptocurrency trading among various buyers and sellers.

If you’re just getting started into cryptocurrency market, your concern would be to look for a fiat-based cryptocurrency exchange that enables you to deposit your native cash. But as a result of strict rules in Crypto trading, all fiat-accepting exchanges need you to undergo a verification process on your account before depositing your funds. You want to complete the ‘Know-Your-Customer’ (KYC) method by submitting your identity proof and the other personal info.

You should look for an exchange in your domestic country to first convert cash from your bank account into Bitcoin, the base currency.


Read more:

https://cryptoinfoplus.com.ng/c/how-to-start-trading-cryptocurrency/

U.S. based crypto startup Abra is adding a brand new feature to its blockchain-based app which will permit world users invest in stocks and ETFs.

Revealing the news on Wednesday, Abra stated the app can utilize the bitcoin blockchain and smart contracts technologies to support fractional investments in stocks, exchange-traded funds (ETFs). The app already offers investment in fifty fiat currencies and over thirty cryptocurrencies.

“Just as shoppers will own a fraction of a bitcoin, they’ll shortly use Abra to possess fractions of expensive stocks and ETFs,” the firm stated.

The feature are going to be created on the market to investors in over a hundred and fifty five countries, giving zero trading fees for the rest of 2019 on stock and ETF investments, the firm aforementioned, adding that the minimum investment is $5. Interested users will presently sign on for early access on the corporate web site.


Read more:

https://cryptoinfoplus.com.ng/c/abras-crypto-app-to-let-users-invest-in-stocks-and-etfs/

U.S. based crypto startup Abra is adding a brand new feature to its blockchain-based app which will permit world users invest in stocks and ETFs.

Revealing the news on Wednesday, Abra stated the app can utilize the bitcoin blockchain and smart contracts technologies to support fractional investments in stocks, exchange-traded funds (ETFs). The app already offers investment in fifty fiat currencies and over thirty cryptocurrencies.

“Just as shoppers will own a fraction of a bitcoin, they’ll shortly use Abra to possess fractions of expensive stocks and ETFs,” the firm stated.

The feature are going to be created on the market to investors in over a hundred and fifty five countries, giving zero trading fees for the rest of 2019 on stock and ETF investments, the firm aforementioned, adding that the minimum investment is $5. Interested users will presently sign on for early access on the corporate web site.


Read more:

https://cryptoinfoplus.com.ng/c/abras-crypto-app-to-let-users-invest-in-stocks-and-etfs/

Jack Dorsey is the Co-Founder and CEO of Twitter. In a recent interview stated again that he believes Bitcoin (BTC) can be the internet’s native money. Dorsey made his remarks in the course of an interview with American comedian and podcast host Joe Rogan posted on Feb. 2.
For the duration of the interview, Dorsey stated:

“Bitcoin turned into something that become born on the internet, that become developed on the internet, that became examined at the internet…it is of the internet.”

The Twitter CEO had made a comparable claim before, noting in mid-may also 2018 that he sees Bitcoin as a preference for the internet’s native money.



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http://cryptoinfoplus.com.ng/c/bitcoin-will-be-internet-money-twitter-ceo-jack-dorsey/

According to a statement issued by BitTorrent Inc concerning the scheduled BitTorrent (BTT ) airdrop to TRON ( TRX ) holders: it states that “we would like to confirm that the exchanges and wallets below will support our airdrop program starting on February 11th, 2019, when TRON’s block height reaches 6,600,000.”

To be eligible for the BitTorrent ( BTT ) airdrop, you have to hold your TRON (TRX) on the exchanges or wallets listed below.

The supported exchanges and wallets are listed below:

Binance

Bithumb

OKEx

Huobi

Trust Wallet




Read more:

http://cryptoinfoplus.com.ng/c/bittorrent-airdrop-to-tron-holders/



Note that Cryptocurrency trading is highly volatile and you should trade with caution!

Websites where you use bitcoin and other cryptocurrencies for payments.

www.overstock.com (Online e-commerce )

Microsoft (Users can buy content with Bitcoin on Xbox and Windows store)

CheapAir.com (Travel booking site for airline tickets, car rentals, hotels)

Virgin Galactic (Richard Branson company that includes Virgin mobile and Virgin airline)


Read more:

http://cryptoinfoplus.com.ng/c/websites-where-you-can-use-bitcoin-for-payment/

A 20 years old hacker named Joel Ortiz, who stole $5 million from over 40 victims using Sim swap. Pleads guilty to the charges against him. According to Motherboard, Oritz pleaded guilty to theft and agreed a plea deal of 10 years in prison.


Read more:

http://cryptoinfoplus.com.ng/c/5-million-crypto-theft-20-years-old-hacker-pleads-guilty/

Binance, today made an announcement that it is partnering with leading payment processing company Simplex, to enable its users to buy cryptocurrencies with their credit cards directly on Binance.com.

 As part of Binance’s larger mission to increase the adoption and mainstream accessibility of crypto, Binancians are now able to use Visa and MasterCard to buy BTC, ETH, LTC and XRP, and start trading on Binance.com within minutes. According to the website.

According to CEO of Binance Changpeng Zhao popular called CZ said “We want to provide Binance traders with fast and easy access to crypto, in the most secure way possible.” 

Read more:

http://cryptoinfoplus.com.ng/c/binance-partners-simplex-enables-crypto-purchase-on-its-exchange-with-visa-or-mastercard/


Note that Cryptocurrency trading is highly volatile and you should trade with caution.

Vendit released a statement lately that it now supports Uber. This will permit cryptocurrencies to be credited to the user’s Uberwallet, which the user can use for payments for cab services. Uber is currently the global biggest cab-hailing provider.

Vendit is the only cryptocurrency firm to have correctly connected Uber wallet, to be credited through any digital currency. The Vendit payment system embraces unique merchant processor device that can be used into a Point of Sale merchant system, permitting itself to be easily incorporated with apps which include Uber.

Read More:

http://cryptoinfoplus.com.ng/c/uber-to-accept-bitcoin-payment-via-vendit-payment-system/



Note that cryptocurrency trading is highly volatile and you should trade with caution.

A leaked images showed that South Korea mobile giant Samsung is set to release Samsung Galaxy S10 phone that will provide cryptocurrency community a blockchain keystore wallet to store their coins and also enables one to hold its private key.

The wallet will enable you to either import an existing wallet or create a new wallet. According to the images, the Blockchain KeyStore wallet supports Bitcoin and Ethereum as of now and might include others coins later.

Read more:

http://cryptoinfoplus.com.ng/c/samsung-gives-crypto-community-a-blockchain-keystore-wallet-in-new-galaxy-s10-phone/

The ban on bitcoin and other Cryptocurrencies were lifted by the Central Bank of Iran.

Read more:

http://cryptoinfoplus.com.ng/c/iran-releases-crypto-rules-acknowledges-bitcoin-and-ethereum/


Note that Cryptocurrency trading is highly volatile and you should trade with caution.

Liqui is a cryptocurrency exchange platform based in Ukraine that allows the users to exchange and trade over a 150 currency pairs. Liqui exchange has announced that it will be closing down as a result of it cannot continue providing the specified services to its users.

Read more: http://cryptoinfoplus.com.ng/c/liqui-crypto-exchange-shuts-down-because-of-lack-of-liquidity/