Jamie Dimon Calls Trump Wall ICO a “Fraud”

The response from one well-known crypto-slammer, JP Morgan Boss,  Jamie Dimon to the announcement of the Trump Wall ICO, was swift.   He simply called it a “Fraud”   Fast and hard words from a man who earlier this year called Bitcoin a Fraud and then later Flip-Flopped, George Bush style.   Maybe he will review his position later or will the Wall Coin also be a threat to the JP Morgan business model?     Other Crypto Influencers were equally vocal about the wall.   Roger Ver – commented:…

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Facebook relaxes Advertising Rules for Trump WALL ICO

Facebook announced earlier today that it would relax its advertising rules for the Trump Wall ICO announced by President Donald Trump earlier this morning.   The announcement was made by wall builder extraordinaire, Mark Zuckerberg – who build a massive 6 Foot $100 Million dollar wall around his Estate in Hawaii.   It is clear that no-one unwanted should venture the home of the Facebook founder     As we and 50 Million other users know, Facebook likes to keep things private!   Google and Twitter have not responded yet…

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Mailchimp follows Facebook, Google and Twitter to shut down ICO and Blockchain-related emails

Yet another blow to the cryptocurrency and ICO market as Mailchimp announces a policy change shutting down Blockchain and ICO related accounts.   Reported by Futurism, Mailchimp announced the change via email and customers are “freaked out”.  They also stated that they reached out to Mailchimp to get to the bottom of this policy change:-     Mailchimp reiterated its updated Acceptable Use Policy, which states that the company “does not allow businesses involved in any aspect of the sale, transaction, exchange, storage, marketing, or production of cryptocurrencies, virtual currencies,…

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What are the ICO Cryptocurrency Regulatory Guidelines?

ICO’s continue to boom as more tokens and coins are evident.  On coinmarketcap, over 1500 cryptocurrencies are listed and most trading on various exchanges. According to Fortune, nearly 50 percent of 2017’s Cryptocurrency ‘ICO’ Projects have already died. They report that “as many as 75% of all startups backed by traditional venture funding fail, and 30 to 40% of those take all of investors’ capital with them.”     With the high ICO failure rate and the craziness of Bitcoin investors, regulators are setting guidelines or passing laws.  Here is…

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Cloud Mining Service Genesis Mining ordered to stop operations

The Securities Commission of South Carolina has ordered Genesis and a second firm, Swiss Gold Global Inc., to stop doing business in South Carolina, according to the Cease-and-Desist order document released on 9 March 2018.     The order states that mining contracts sold to buyers and state of South Carolina residents are considered as securities.  The two companies, Genesis and Swiss Gold Global have also been barred from offering any securities in the state in the future. This barring, according to the document, is permanent.   Cloud Mining businesses…

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Thank you Donald Trump for our top Bitcoin story of 2017 – Bit-Media

At Bit-Media we are trying to provide unique and informative content to the crypto community while also being entertaining in the process.   Looking back at our most popular stories of 2017, one of them is a clear winner in popularity and entertainment value and for that, we have to thank no other than the US President – Donald J. Trump.   On April 1, 2017 – Bit -Media published a story: [As an April Fool Joke], with the headline:   Donald Trump Tweets  – I am Satoshi Nakamoto  …

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Bitcoin News 2 December 2016

  Bitcoin Today… the Bitcoin Price has spiked and pushed past $770! Is it on it’s way past the psychological level of $780 or even $800? What is your prediction? In other news headlines – Illinois Unveils Blockchain Policy in Bid to Attract Industry Innovators; China’s Huiyin Group Launches $20 Million Bitcoin Fund; Local Chinese Government Helps Fund Blockchain Startup; The price of bitcoin keeps bumping up over the $750 mark while huge Variations of BTC Price In African Markets Raises Suspicions Of Foul Play. Pros and Cons of Starting…

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How to start a Fake Cloud Mining business, Easy and Risk free – Uncle Scam

In the video below, Uncle Scam explains how scammers are using fancy websites and promises of incredible returns to get people into fake cloud mining.   Here are ways Uncle Scam highlights, that can make this scam continue for years…   Set up an attractive website, try to look legit. Show pictures of people with a supposed role, Chief technical officer, Pool Operations, Computer Sciences, Social Media Management…, the more people your fake team has the more you look legit. Offer a 500+ days ROI service with a contractual clause…

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