NewYorkCoin Meetup to Take Place on Manhattan

New York Coin is bringing one of the founders of NYC coin as a speaker for a meetup, which will take place in New York City on April 18
31 March 2018   1022

NYC offers its users a decentralized, anonymous and secure worldwide network easily accessible using a wide array of wallets on multiple operating systems. New York Coin is decentralized and has a proven blockchain, churning out transactions every 30 seconds, and most transactions are free in the newyork coin network.

New York Coin is bringing one of the founders of NYC coin as a speaker for a meetup, which will take place in New York City. The attendees of the meetup will be able to network with innovators in digital space.

Location: eBay 625 6th Avenue, New York, NY, USA
Date and Time: 

The panelists include James Burrell and Kathy Nielsen. James provides advisory and oversight functions for the NewYorkCoin community. NYCoin’s code features enables users to exchange value electronically to and from any location in the world without the need of a 3rd party custodial services.  NYCoin community volunteers provide software development, business development, marketing, and logistics with the ultimate goal of making NYCoin a leader in the virtual currency space. James adds value to the NYCoin community through his experience in the financial services industry and securities law.

Kathy Nielsen, the Digital Director at Neustar, built an advertising sales team for BabyZones’s 60+ regional sites across the US and Europe. After working in the digital advertising world and learning what it takes to be a successful online business, she moved to the origins of it all - the domain name industry. Later Kathy joined Neustar where she combines her digital advertising, marketing and domain name industry background to support multiple, top-level domains both old and new. She is in her best element when talking to end users about the world of domain names and all the benefits and opportunities they have to offer.

Join and enjoy!

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Pure Bit to Refund Investors' Money

Another cryptocurrency scam storu may have happy ending
15 November 2018   127

The founders of the South Korean exchange Pure Bit, who were suspected of stealing investors' money, announced the return of funds.

According to the local edition of BlockchainROK, representatives of the exchange have already partially returned the money to some users and pledged to return all other funds.

On November 4, the exchange team launched the ICO with the goal of collecting about $ 30 million to create a crypto exchange. However, on November 9, Pure Bit closed the site, said goodbye to its investors and removed everyone from the group in the KakaoTalk messenger. Also, the founders of the exchange withdrew funds from the account that was used for ICO.

According to CCN, one of the issues traced the Ethereum address of the exchange and asked Upbit to block the account and freeze the funds. Upbit fulfilled this request.

This is Pure Bit. First off, I would like to apologize to everyone that was affected by the ICO. Since November 5, I raked in 16,000 ETH and did not open a crypto exchange as promised. I kicked out everyone in our social media chat groups and disappeared without any message. I negatively affected investors in the project psychologically and financially. I made an unforgivable mistake that cannot be turned around, blinded by money. It has been less than a day and I have already started to suffer from guilt. Although it cannot be compared with the hardship faced by the investors, I also felt significant guilt. I sincerely apologize to all of the investors in the ICO who were affected by the operation.

CEO of Pure Bit

The founder of Pure Bit also notified that he would return ETH 16,000 to depositors without taking into account the payment of services to a third-party company that organized ICO.