Want to Become an Expert? Check Out These Cryptocurrency Resources 0 78

With so many developments in the world of cryptocurrency, happening almost by the hour, it’s certainly never dull. Unless you’re a financial expert with your finger on the pulse, how do you know when it’s safe to invest? Add to that the volatility of digital currencies, and even Wall Street vets are reluctant to navigate a seemingly endless slew of token opportunities.

When Bitcoin and Ethereum rise and fall like a Disneyland roller coaster, and market speculation sends prices spinning out of control, how do you get on board? It’s actually not as hard as you might think to become seasoned in cryptocurrencies, with the amount of resources available to you.

From online classes and training academies, to podcasts and news sources, you can become an informed spectator in a fairly short time. It’s worth noting, of course, that there’s substantial risk in any token purchase and the inherent volatility in the market makes many folks uncomfortable. The quickly changing landscape and abrupt regulatory decisions foreshadow more subtle or stagnant appreciation of tokens, at least in comparison to last year’s outstanding growth. Headlines of hacking attacks, price surges, and ICO funding theft tend to hog the limelight, and we’re seeing less coverage of everyday people reporting massive returns. 

Still, the revolutionary nature of Blockchain technology has attracted many an investor, and will continue to do so. If you’re ready to join the list of token holders, here are some resources to consider.

Cryptocurrency Resources to Make Informed Decisions

Cryptocurrencies are like nothing we’ve seen before. They democratize the world of investing. Anyone with an internet connection and a bank account (and sometimes, not even the latter) can get on board.

But, with so much FUD (fear, uncertainty and doubt) running through the market, what may seem like a wise investment one day, can go belly up the next.

They say that innovation breeds innovation, and cryptocurrency resources are starting to pop up everywhere. Trading Mama is one such resource that I learned about at the CryptoFriends’ “New Girls on the Block” event during SXSW. It’s an online crypto trading school to educate those who want to dabble in the world of digital coins – and its actively inviting women into a male-dominated space.

If you’re new to the crypto world (and let’s face it, most of us are), devoting time to understanding the ins and outs is a good start. 

After two years in the crypto space, I’ve fallen more and more in love with it,” says Mariana Carrillo, Founder of Trading Mama. “There is groundbreaking innovation touching nearly every sector of society.” While most people know about Bitcoin, they’re unaware of many projects being carried out on the Blockchain. Change is already happening in energy, global development, and finance, to name a few sectors.

Trading Mama’s Crypto Trading School is a six-month online course in cryptocurrency that allows you to trade with relative confidence in a safe and supportive environment. Even if you currently have no knowledge of the industry, you can gain all the info you need throughout the course.

With tips on how to buy Bitcoin, Ethereum, and LiteCoin, and advice on investing and trading, this is meant to be a comprehensive program to jump-start your digital currency involvement.

Keeping Up to Date

In the fast-paced crypto world, keeping up to date with developments is key. So, following the right people and using the right cryptocurrency resources can help you stay on track.

Many factors can have dramatic effects on the market, from the threat of regulation to news about mining Bitcoin. One excellent podcast for learning the basics is The Bitcoin Podcast.

As one of the first podcasts to come out in this area, it’s a trustworthy and respected source for listening to expert opinions. There are interviews with business consultants, PhDs, mathematicians, banking professionals, and other thought leaders in the Bitcoin space.

There are currently more than 140 episode available, so you can listen at your leisure. Gain a better understanding of the technical side of the technology at a time convenient to you. Podcast guests come from all corners of the industry, so you’ll get well-rounded views.

Another important podcast for cryptocurrency resources is Coin Mastery. Rather than focusing on the background of Bitcoin and its technicalities, Coin Mastery serves the most up-to-date information on the cryptocurrency world.

You no longer need to trawl the web to find out the latest news, when you can get it here. Along with analysts’ opinions and trader discussions. This is the one to listen to once you’ve handled the basics and have a decent working knowledge of crypto and the blockchain.

There’s no need to have FOMO (Fear Of Missing Out), but you’ll want to be informed before entering such a tumultuous landscape. Understanding, for example, what to look for when vetting ICOs is an essential component in making smart purchasing decisions. With so many cryptocurrency resources at your fingertips that make dense content digestible, it’s becoming easier to navigate this brave new world.

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Christina is a technology and business communicator who has worked with high profile ICOs and blockchain influencers to break industry news.

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The Block Talk Award Winners Announced 1 1110

Thanks to everyone for submitting your favorite blockchain innovators and influencers. Our editorial team had a great time learning about new projects and individuals that are building a foundation for our future with blockchain technology, and realizing amazing technological feats in the present.

While it was difficult to select just one project or individual in each category, we’re excited to announce the winners of our first inaugural Block Talk Awards.

  • Best ICO Analysis & Commentary – Tatiana Koffman, Various Outlets
  • Most Engaged Community – Rod Turner, Various Outlets
  • Favorite Blockchain Blogger – Rachel Wolfson, Forbes
  • Best Crypto Journalist – Jordan French, The Street
  • Innovative Female Founder – Amber Baldet, Clovyr
  • Best Podcast Host(s) – Joel Comm and Travis Wright, Bad Crypto
  • Favorite Blockchain Event Host – Adryenn Ashley, Loly.io
  • Top Crypto Speaker – Ian Balina, Crypto World Tour
  • Most Innovative Blockchain CEO – Trevor Koverko, Polymath
  • Top Social Entrepreneur – Evan Caron, Swytch

Winners in each category will receive a $1500 media credit on The Block Talk, access to a network of TBT Award honorees, and VIP access to TBT events in 2019.

Defrauding Crypto CEO Josh Garza  Sentenced in Landmark Case 0 100

The disgraced former CEO of fraudulent crypto company GAW Miners has reached the end of a legal saga spanning more than three years. Josh Garza has been sentenced to 21 months in prison and payments of $9,182,000 in damages. His prison term will be followed by three years of supervised release, including six months of home confinement.

US Attorney for the District of Connecticut John H. Durham announced the sentence, which follows Garza’s guilty plea to wire fraud.

How GAW Miners Lost Their Zen

GAW Miners started as a cloud mining service. Fraud allegations began to emerge in 2014, and formal charges followed. The SEC accused GAW with acting as a Ponzi scheme by selling more crypto mining power than they really had. Around that time, GAW also peddled its token, PayCoin, which they promised had a $20 ‘floor.’ That floor dropped out in 2015, to the ire of beswindled token holders. By the end of January, one PayCoin was worth less than $2.

According to the Department of Justice, Garza “stated that the market value of a single paycoin would not fall below $20 per unit because Garza’s companies had a reserve of $100 million that the companies would use to purchase paycoins to drive up its price. In fact, no such reserve existed.”

Nor did an $8 million transaction in which GAW’s parent company allegedly purchased controlling shares of ZenMiner (another company founded and operated by Garza). “Garza made multiple false statements related to the scheme,” the release states, “to generate business and attract customers and investors.”

The PayCoin collapse initiated the undoing of GAW and ultimately of Garza. GAW tried to bounce back with some unsuccessful endeavors like a crypto exchange called Mineral and a platform for making Amazon purchases called CoinStand, before the company went into default for failing to pay their power bill.

The truth eventually began to come to light after internal emails and documents surfaced, after GAW went under separate investigations by the SEC and the DOJ. A few years later, these investigations have finally resulted in Thursday’s sentence.

Justice and Fraud in CryptoSpace

The sentence is a win for the Department of Justice, which has been puzzling over how to govern the crypto world, and could set precedents for following cases, including investigations already underway.

A Bloomberg study has found that over 80 percent of ICOs are scams. Meanwhile, TechCrunch reports that over 1,000 crypto projects have failed in 2018, and $1.1 billion in cryptocurrencies have been stolen this year, according to CNBC.

The crypto landscape and the justice system clearly have some reckoning to do, but investors need to exercise serious caution in the meantime. Although Garza’s sentence sets a precedent, it’s based on a situation that’s not necessarily unique.

Garza’s Sentence May Not Satisfy Defrauded Victims

Critics of the sentence have pointed out how with good behavior Garza could be out in 18 months, a light load considering his fraudulent acquisitions through PayCoin could’ve totaled $20 million by some estimates, and considering the 20 years of prison time per infraction Garza was facing in court. The lighter sentence was part of a plea deal.

While Garza denied all charges at first, he expressed remorse about his actions in a courtroom statement Thursday, according to CoinDesk. Garza is ordered to report to prison on January 4th, 2019.

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