Yassir Hankir
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A cryptocurrency CEO bragged that he ran off with $50 million - but after a journalist tracked him down in Egypt, he said it was just a joke, highlighting a major issue in the industry.
Here are the current prices of major cryptocurrencies:
What's happening:
- Bitcoin Cash is soaring as traders ready for another hard fork
- Here's why crypto isn't accepted for more everyday transactions
- JPMorgan is testing issuing debt on the blockchain
- Gem has launched an all-in-one crypto trading and wallet app that interacts with 22 exchanges and 1,500 tokens
- Four Harvard students have raised $700,00 to start a crypto hedge fund
- Binance, the world's largest crypto exchange, denies it will add the US dollar for trading
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