Omar Faridi

Omar Faridi

I enjoy writing about all topics related to Bitcoin, Blockchain, and other cryptocurrencies. The topics that interest me most are crypto regulations, quantum resistant blockchains, Ethereum and Bitcoin Core development, and scams orchestrated under the guise of ICOs. My academic background includes an undergraduate degree in Computer Science, with a minor in Mathematics from the University of Nevada, Las Vegas. I also possess a Master of Science degree in Psychology from the University of Phoenix.

While completing my coursework, I engaged in independent study programs focused on public-key cryptography and quantum computing. My professional work experience includes working as an application developer for the University of Houston, data storage specialist at Dell EMC, and as Teacher of Mathematics in the United States, China, Kuwait, and Pakistan.

Articles by Author

LMAX Exchange to Launch Regulated Crypto Trading Platform for Institutional Investors

The LMAX Exchange, a multilateral trading firm based in London, reportedly received a number of requests from its clients who were interested in trading cryptocurrencies like Bitcoin, Ethereum, and Litecoin. In response, it decided to announce a new cryptocurrency exchange regulated by the UK’s Financial Conduct Authority (FCA), specifically developed for institutional investors.

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TRON (TRX) up 7% Ahead of Its Mainnet and Virtual Machine Launch

TRON’s mainnet isn’t live yet but there’s a lot of hype building around the platform. It aims to be the world’s first cost-free decentralized “content entertainment” ecosystem. Instead of content creators having to depend on centralized platforms such as YouTube to deliver and monetize their content, TRON claims to offer a much better alternative where reportedly content creators are rewarded more and have more control over the distribution of their content.

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Norway’s Central Bank Is Looking Into Developing Its Own Cryptocurrency

 Norway’s central bank has published a report stating that it is looking into the process of developing its own cryptocurrency. Currently, the financial institution says it seems to be a “complex” process because there is no “international experience to draw on.”

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Cryptocurency Investors Are Basing Their Decisions on Astrology

Various crypto investors think that it’s the right time to buy cryptocurrencies because astrologers claim their prices will surge. Zodiac followers believe there’s a correlation between real-world events and the movement of planets, which they say determine our fate.  

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Social Trading Platform eToro to Expand Crypto Trading Services to US Investors

eToro raised $100 million in order to expand operations to US markets. The company offers a wide range of services such as trading cryptocurrencies and traditional stocks. There’s also a waiting list of eager traders wanting to use eToro’s trading platform, which now has over 9 million users

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Bitcoin Will Hit $50,000 by End of 2018, Says BitMex CEO Arthur Hayes

BitMEX co-founder and CEO Arthur Hayes recently stated that Bitcoin’s price would reach $50,000 by the end of 2018. Hayes’ bullish statement came during an interview with CNBC where he explained that his company works mostly with retail traders. 

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Max Keiser Says “Bitcoin Is a Reaction to Warren Buffett” and Other “Crony Capitalists”

Bitcoin bull Max Keiser recently lashed back at billionaire investor and Berkshire Hathaway CEO Warren Buffett and his company’s vice president Charlie Munger.

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There Are Now Over 3,000 Bitcoin ATMs Throughout the World

Bitcoin adoption keeps growing globally with now over 3,000 Bitcoin ATMs operating around the world. Coin ATM Radar data also indicates that Bitcoin ATMs are not too geographically dispersed.

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Tyler Winklevoss Tells Bitcoin Critic Bill Gates To “Put Your Money Where Your Mouth Is”

Bill Gates and Warren Buffet have criticized Bitcoin and other cryptocurrencies for many years now. Recently Bill Gates - who previously said Bitcoin is used to buy drugs - now says there’s no easy way to short Bitcoin. His comments however, reflect his ignorance of the crypto market.

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Cardano’s Blockchain to be Used in Ethiopia’s Agritech Industry

The developers of Cardano have signed an MOU with the Ethiopian government, which states that Cardano’s blockchain will be used by the nation’s Agritech industry. Ethiopia is among East Africa’s fastest-growing economies, so this initiative should be one to follow closely.

 

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Bloomberg Study Concludes Cryptocurrency Investors Should “Tread Carefully”

Bloomberg recently published an article that revealed the findings of an extensive study on cryptocurrencies. It found that how cryptocurrencies have performed historically has no meaningful connection with the way they will perform in the future. The study saw cryptocurrency trading patterns and their volatility levels be carefully examined over the years.

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Bitcoin Cash (BCH) Surges Nearly 15% After Being Added to the London Block Exchange

Bitcoin Cash (BCH) has recorded a 14.7 percent gain in the last 24-hour period ahead of an upcoming hard fork slated for May 15. Moreover, the London Block Exchange announced on Wednesday that it would list BCH and Ethereum Classic (ETC). 

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Verge (XVG) Increases 22% After Partnering With TokenPay

Verge (XVG) has recorded a substantial 22.66% price gain in the last 24 hours. Many people in the crypto-community believe that the partnership (as announced in tweet above) between TokenPay and Verge (XVG) will make it a lot easier to process cryptocurrency payments.

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Venezuela Gives Green Light to 16 Crypto Exchanges to Support Petro Trading

Venezuelan President Nicolás Maduro has recently taken extensive measures in order to promote the controversial Petromoneda (Petro) - the country’s national cryptocurrency. Reportedly, Maduro has officially permitted 16 different cryptocurrency exchanges to legally operate in Venezuela.

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Binance Signs $15 Million Crypto Investment Agreement With Bermuda

Cryptocurrency exchange Binance will be launching its global compliance center in Bermuda within the next few months. The announcement was made by Premier Edward David Burt on Friday, during a joint press conference. The leader of the island’s Progressive Labour Party stated that the agreement was formalized by signing a memorandum of understanding (MOU).

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Blockchain Technology Today Is Like 1960s Internet, Says Ex-JP Morgan Executive

Blockchain Technology, according to former JPMorgan Blockchain head, is in its infancy. Amber Baldet says that it resembles the state of the internet from the late 1960s. This assessment seems to be quite accurate, based on the opinions of other notable experts in the crypto and blockchain industry.

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Mt. Gox Trustee Transfers 16,000 BTC, BCH To Unknown Address

The Mt. Gox Trustee has consolidated over $150 million worth of Bitcoin and Bitcoin Cash to certain addresses. Now, there’s a bit of a panic in the cryptocurrency market that a massive selloff might be coming. Historically, whenever this has happened, it has led to a drop in Bitcoin price. 

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South Korean Minister Threatened By Cryptocurrency Market

South Korea’s Minister of Strategy and Finance says that the cryptocurrency market is growing rapidly and stabilizing, thus posing a threat to the world’s traditional fiat-based financial system.

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