Ledger warns about Bitcoin Diamond scam

According to the Twitter of popular hardware wallet manufacturer, "multiple [scam] sites claim to let you collect Bitcoin Diamond"
26 December 2017   571

The manufacturer of hardware wallets Ledger warned users about fraudulent schemes related to the hard fork of Bitcoin called Diamond (BCD). In particular, they are talking about sites that offer bitcoin holders to get BCD coins.

Bitcoin Diamond is one of the many forks of bitcoin, the creators of which announced their intention to issue a new crypto currency in November.

Details of the project, for the most part, are unknown, developers are feeding the public with vague promises to increase the speed of processing transactions, and futures for BCD traded on two dozen exchanges.

As Ledger informs, malefactors use trustfulness of bitcoin holders who technically have the right to receive equivalent balances in BCD, luring them to a lot of sites with the help of which it is supposedly possible to get a new crypto currency.

Some cryptocurrency enthusiasts even made a whole investigation regarding Bitcoin Diamond.

Bitcoin Diamond is unlike the previous forks of Bitcoin (Bitcoin Cash and Bitcoin Gold). Bitcoin Diamond is scam with huge red flags. Do not get scammed into buying Bitcoin Blood Diamonds.
 

bitcoinblooddiamond

For example, Medium blogger with nickname "bitcoinblooddiamond" reports on the lack of information about the team, no official Slack, poor Telegram channel, date of website registration (3rd November), anonymous team and other strage things. 

Wyoming Passed Bill Exempting Utility Tokens from Securities Laws

The Wyoming House of Representatives has unanimously approved a bill exempting utility tokens from securities laws  
20 February 2018   78

On Monday, House Bill (HB) 70 passed the House 60 to 0 and will now head to the Senate. The bill exempts utility tokens from securities laws. This will attracts ICO’s launches to the state and will make the state a favorable environment for blockchain startups.

According to the bill, the utility token must meet three conditions:

  1. The token’s issuer must not market it as an investment;

  2. The token must be exchangeable for goods and services, for example, startups must have a working product or service at the time the tokens are issued;

  3. The token’s issuer must not actively make efforts to create a secondary market for the token by entering into a repurchase agreement or agreeing to locate buyers for the token.

It is important to note that there are four more cryptocurrency and blockchain-related bills currently moving through the Wyoming legislature.

HB 19 passed the House of Representatives on Monday and is now awaiting introduction in the Senate. The bill exempts cryptocurrency from the state’s money transmitter act.

HB 101 has passed its second reading in the House and, if it passes its final hearing, will then go to the Senate. This bill will allow companies to create and use blockchains for the purpose of storing records and conducting inter-office communication.

HB 126 has just passed its second reading in the House. It will allow the creation of series LLCs.

Senate File (SF) 111 passed a vote to introduce on Friday and is now headed to a committee hearing. This bill will exempt cryptocurrency assets from state property taxes.