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Hexx coin poses itself spil a privacy focused digital currency with stable client and ongoing development. Hexxcoin implements Zerocoin protocol to ensure anonymity for coin users. Hexxcoin users may convert non-anonymous coins into anonymous ones, which can be sent to other users of the Hexxcoin network, and thesis transactions cannot be traced by any third party. All of that can be done inwards a core wallet without any extra software.
On February 27, 2018 Hexx coin announced that it will fall under the fork on March, Two on block 222665.
Hexx coin fork announcement
Moreover, it wasgoed reported that Xnodes will go live right after the fork, and the fresh wallet will be released before the fork. The users were recommended to update to a fresh wallet. Exchanges Cryptopia and Yobit will be notified accordingly.
At the uur of press, thesis are main market parameters of Hexx coin:
Consumers lost $ 532 million due to crypto fraud te the very first Two months of 2018, reports CoinDesk.
Consumers will lose more than $Three billion by the end of 2018.
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Director of Kantoor of Consumer Protection, FTC
One of the main problems complicating the protection of consumers ter this area is insufficient attention from investors themselves. This wasgoed pointed out by Joe Rotunda, enforcement director for the Texas State Securities Houtvezelplaat.
Coin Center research director Peter Van Valkenburgh noted that people are victims of fraudulent schemes, such spil exit-scams and pump-and-dump schemes, because they believe ter proposals that are too good to be true.
I think nobody should everzwijn buy any more cryptocurrency, waterput anymore [into] cryptocurrency than what they are downright willing to lose if you are willing to participate at all. That is a message that needs to be repeated and repeated.[. ] If you yourself are not capable of explaining to somebody what a token’s supposed to do, you should not buy the token,. If you can’t tell the wheat from the chaff, or what is techno-gibberish or contemporáneo innovation, you should not participate.
Research director, Coin Center
Rotunda believes that regulators should take a more active position “oin any type of fresh market, especially this type” spil a cryptocurrency one.
Regulators need to number one, identify companies that are attempting to do it right and work with [them]. The companies that are attempting to do it right [should] get a telephone call from the regulator, not a cease-and-desist order, right? Not a lawsuit. Wij can usually work with them . [and] wij need to identify the fraudulent schemes and wij need to act quickly and zekering them.
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Enforcement director, Texas State Securities Houtvezelplaat.
Spil reported, the event also spotted calls for approaches to self-regulation, an idea that has seen advancement from both public and private sources te latest months.