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Hedge Fund Och-Ziff Exec Leaves Wall Street To Become Coinbase CFO

As part of the apparent exodus of Wall Street talent to the crypto sphere, a hedge fund exec has left to join Coinbase as new CFO. The Chief Financial Officer (CFO) at Wall Street’s Och-Ziff Captial Management (Oz Management) has left to become the new CFO at major crypto wallet and exchange service Coinbase, according to Coinbase’s blog post published yesterday, April 17. Alesia Haas has worked at Oz Management for a year and a half, previously working in executive roles at OneWest Bank and Merrill Lynch.…
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Reddit Community: A Game Predicted Bitcoin 28 Years Ago

Reddit user claims to discover a Bitcoin prediction that was made by Japanese game Final Fantasy III released in 1990. Another prediction of Bitcoin (BTC) emergence has been recently discovered by a Reddit user that posted a screenshot from Japanese role-playing video game Final Fantasy III on April 16. The user refers to a Bitcoin symbol pictured on an object in the game that was officially released on April 27, 1990. In addition to his observation, the Reddit user called 13entley suggested that the game developers put the Bitcoin symbol on the bed in the game as a prediction of the future major cryptocurrency's emergence.…
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Russian Gov’t Blocks 20 Mln IP Addresses To Ban Telegram, App Still Operational

The Russian government has blocked about 20 mln IP addresses to ban Telegram: dozens of unrelated services have suffered network failures, Telegram still works. After announcing the ban of encrypted messenger Telegram last Friday, Russian telecommunications watchdog Roskomnadzor (RKN) began blocking the app Monday, April 16. In order to ban access to the messenger, the authority has blocked nearly 20 mln Google and Amazon Internet Protocol (IP) addresses as of April 17, but Russia’s Telegram users say that the app still works without applying any additional means of circumventing the block, such as proxy and VPN services. While the crypto community’s go-to messenger app is still operating in Russia, the users of dozens services, which are not related to Telegram, have complained about crashes associated with blocked IP addresses.…
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Cambridge Analytica Reportedly Planned To Release Digital Currency

Cambridge Analytica, the data consultancy firm accused of improper access the data of millions of Facebook users, may have been planning to develop its own digital currency. Cambridge Analytica was planning to raise money by issuing a digital currency prior to becoming involved in a scandal regarding the misuse of data from Facebook, sources familiar with the matter told Reuters April 17. Sources say that Cambridge Analytica had consulted with a firm that advises companies on how to structure Initial Coin Offerings (ICOs).…
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Sharia, Taxes And Short Squeeze: Versions Behind Bitcoin’s $1000 Bounce

Bitcoin’s surprise bounce - a number of factors compound a surge in the value of preeminent cryptocurrency. Since last week crypto community celebrates the return of Bitcoin to the green with an inspiring bounce up to $1000 in value in less than an hour of trade on Thursday, 12 April. The sudden increase in Bitcoin’s value was met with much fanfare and further speculation as to what caused the massive volume in trade in the preeminent cryptocurrency. There are a number of reasons for Bitcoin’s sudden surge in price and they have seemingly worked in tandem to boost the virtual currency’s value.…
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Philippine Senator Demands Harsher Penalties For Crypto-Involving Crimes After Local Scam

A Philippine Senator has stressed the priority of imposing stricter penalties for crimes involving crypto. Philippine opposition Senator Leila de Lima is pushing fellow senators to move forward with her bill to impose stricter penalties for cryptocurrency-related crimes, according to a press release from the Philippine Senate published April 16. De Lima, a former justice secretary, underscored the urgency of Senate Bill (SB) No.…