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Dutch man conned investors out of $26M with fake Bitcoin mining rigs

May21
by on May 21, 2019 at 12:59 pm
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


A man from Apeldoorn, Netherlands has been arrested for fraud and money laundering after convincing over 100 people to invest a total of $26 million in fictitious Bitcoin mining rigs. The 33-year-old named as Berry van M. was director of two companies which claimed to sell Bitcoin mining machines. The perpetrator is said to have operated the machines from a mining firm, De Gelderlander reports. Through what sounds like cloud mining contracts, the Dutch miscreant had promised investors a return of around 0.3 Bitcoin ($2,300 at the time of writing) per month. However, the investors never received these returns, nor…

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CHEAP: Binge into oblivion with $1,000 off an LG 4K smart TV

May21
by on May 21, 2019 at 12:15 pm
Posted In: Around the Web, Plugged


Game of Thrones just ended this week, but that doesn’t mean your (TV) watch should end. And if you’re looking for a swanky 4K smart TV, we’ve got just the deal for you. LG’s OLED65C9PUA Class 2019 model has a massive $1,000 discount, now priced at just $2,499. The TV has a massive 65-inch 4K UHD screen, which is just 1.8-inch thin. So you can watch movies or stream Netflix at the highest resolution and crystal clear picture. It’s also filled with smarts by LG’s own AI ThinQ, and support for Goole Assistant and Amazon Alexa. Plus, for the best…

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Boring but necessary: 4 budgeting mistakes to avoid when growing your company

May21
by on May 21, 2019 at 11:42 am
Posted In: Around the Web, Podium


It may sound boring, but careful and sensible budgeting is crucial to every growing company. Not only does successful budgeting save time and energy, but it also allows you a more thorough understanding of what about your offering and process works and what doesn’t. Yet, many aspiring founders make simple budgeting mistakes which hinder their chances at success. If there’s one thing I’ve learned over my time building and growing my own company, it’s that these mistakes must be avoided. And the good news is, avoiding some of them may be easier than you think. Here are the four most…

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Australian civil servant faces 10 years for mining cryptocurrency on government computers

May21
by on May 21, 2019 at 10:27 am
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


An Australian government employee is appearing in court today after using work equipment to mine cryptocurrency for his own gain. The Australian Federal Police (AFP) allege that the 33 year-old from Killara in New South Wales took advantage of his position as an IT contractor to modify government computer systems to mine cryptocurrency. The man’s illicit mining operation is said to have earned him more than AU$9,000 ($6,000), according to an AFP announcement. The unnamed man is facing two charges: unauthorized modification of data to cause impairment, and unauthorized modification of restricted data. These charges carry maximum penalties of 10…

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