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Brexit news UK: London technology investment is number one in EU | City & Business | Finance

GETTY London remains the most attractive European tech hub for international talent from outside the EU The data shows London is the most attractive European tech hub for international talent from outside the EU in 2017, beating Paris, Amsterdam, Berlin and Madrid. London’s thriving tech centre and cultural vibrancy has …

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Bitcoin LATEST – is a crackdown imminent? MP issues warning | City & Business | Finance

Bitcoin and other cryptocurrencies are facing a crackdown by governments and banks in an effort to protect consumers and secure regulation.  Cryptocurrency technology currently allows users to make payments and store money on the internet without needing to use their name or a bank. Labour MP Alison McGovern on the …

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Bitcoin news: Russian scientists found mining cryptocurrencies | City & Business | Finance

The unnamed suspects were arrested at the Federal Nuclear Centre in Sarov, western Russia, which is a restricted area. In a statement, the centre said: “There has been an unsanctioned attempt to use computer facilities for private purposes including so-called mining.” The nuclear centre’s security department was alerted when the …

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Will cryptocurrencies crash to zero? Goldman Sachs report out NOW | City & Business | Finance

Will cryptocurrencies crash to zero? The note, released earlier this week, slated cryptocurrencies for having “no intrinsic value”, though it did suggest features of some coins could live on.  Steve Strongin, Goldman Sachs’ head of global investment research, said: “Whether any of today’s cryptocurrencies will survive over the long run …

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Bitcoin ‘massacre continues’ US authorities ‘open’ to regulating cryptocurrency platforms | City & Business | Finance

Christopher Giancarlo, the chairman of the Commodity Futures Trading Commission (CFTC) and Jay Clayton, chairman of the Securities and Exchange Commission (SEC) will appear in front of the Senate Banking Committee today where they will discuss the potential future of virtual currencies. Prepared testimony’s for the pair were released yesterday …

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Bitcoin hits 2018 low: Massive decline as cryptocurrency fails to sustain soaring prices | City & Business | Finance

Cryptocurrency tracking site CoinDesk shows that the virtual currency started trading at over £9,152 ($13,000) at the start of January. However, the value of Bitcoin has since plummeted – the cryptocurrency sat at a worrying £7,064 ($10,035) on January 30. The price graphs show no sign of recreating the incredible …

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bitcoin price: cryptocurrencies crackdown from regulators, tax authorities | City & Business | Finance

Bitcoin, along with Ripple and ethereum are in the sights of regulators worldwide, who must strike a tricky balance, according to Dr Garrick Hileman. Dr Hileman who has advised the CIA and US army on cryptocurrencies, warned would-be cryptocurrency investors a regulatory crackdown is coming When Dr Hileman, from the Cambridge …

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