Odds and Ends 

Telegram plans multi-billion dollar ICO for chat cryptocurrency

Encrypted messaging startup Telegram plans to launch its own blockchain platform and native cryptocurrency, powering payments on its chat app and beyond. According to multiple sources which have spoken to TechCrunch, the “Telegram Open Network” (TON) will be a new, ‘third generation’ blockchain with superior capabilities, after Bitcoin and, later, Ethereum paved the way. The launch will be funded with an enormous Initial Coin Offering, with forthcoming private pre-sales ranging into the hundreds of millions, potentially making it one of the largest ICOs to date. Demand is driven by the…

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Odds and Ends 

100 cryptocurrencies described in four words or less

Nate Murray Contributor This list describes cryptocurrencies. Some are landmarks. Some are scams. Name | Sym. | Description —————-|——-|—————————————— Ethereum | ETH | Programmable contracts and money Cash | BCH | Bitcoin clone Litecoin | LTC | Faster Bitcoin NEO | NEO | Chinese-market Ethereum Monero | XMR | Private digital cash Classic| ETC | Ethereum clone Qtum | QTUM | Ethereum contracts on Bitcoin Zcash | ZEC | Private digital cash Lisk | LSK | Decentralized applications in JavaScript Tether | USDT | Price = 1 USD Lumens |…

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Headlines 

UK dealer charged in US over multimillion-dollar fake Bitcoin site scam

Renwick Haddow created trendy companies and duped investors into thinking they were big successes, authorities in New York allege US authorities on Friday charged a British businessman with securities fraud, accusing him of deceiving investors over what turned out to be a fake trading platform for the cryptocurrency Bitcoin. The Securities and Exchange Commission (SEC) alleged the clandestine Renwick Haddow, a UK citizen living in New York, diverted funds invested in a phoney Bitcoin site as well as from a flexible workspace firm Bar Works into accounts in Mauritius and…

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