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Paycoin News

Paycoin is a cryptocurrency that was created by developers from the company GAW Miners in 2014 and specializes in cloud mining. Paycoin (XPY) was created especially for the PayBase cryptocurrency payments processing platform. Paycoin used the SHA-256 algorithm and both proof-of-work (PoW) and proof-of-stake (PoS) methods to achieve distributed consensus. There was no Paycoin Initial Coin Offering. Nevertheless, this cryptocurrency was able to raise a lot of investments at that time since GAW Miners was popular among the crypto community and attracted many investors to their new project. The cryptocurrency can be kept in a special Paycoin wallet. The highest moment of Paycoin’s price was $12. However, after GAW Miners was shut down, it dropped sharply. Find out what the future holds for this cryptocurrency by following the Paycoin news.

Top News

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The CEO of now-defunct GAW Miners has been sentenced to 21 months in prison and ordered to pay $9.2 million in restitution to investors.

CEO Behind GAW Miners, PayCoin Ponzi Scheme Sentenced to 21 Months in Prison

2018-09-14T04:33:00+01:00

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US Securities and Exchange Commission (SEC), the Internal Revenue Service, FinCEN, Department of Homeland Security, and other government agencies have officiall...

Cryptsy: ‘We Have Never Been Investigated for Anything’

2015-10-06T10:01:26+01:00

637

Cointelegraph spoke with Gliss from CoinMarketCap about what it takes to be included in everyone’s favorite Cryptocurrency Index, Ethercoin trading and what wer...

CoinMarketCap: ‘About 40% of the Coins Ever Added to the Site are Now Inactive’

2015-08-21T16:18:00+01:00

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The Bitcoin news website Bitcoinist LTD has signed a private long-term lease agreement for the “million-dollar domain” BTC.com.

Bitcoinist.net Launches Garza-Owned BTC.com, Plans to Create ‘Industry Portal’

2015-05-14T21:05:52+01:00

578

The world of digital currencies is so rooted in the emerging ideas and developments of the tech world.

A Brief History of Coin Crowdsales: Winners, Losers, and the Future of the Internet

Charlie Richards

2015-05-05T19:31:00+01:00

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Paycoin has issued a statement attempting to explain why the US $20 pay floor everyone was never promised, but previous comments have some wondering if they cha...

Paycoin Attempts To Explain Away Pay Floor, But Deleted Statements Appear To Tell A Different Story.

2015-01-09T01:36:00+00:00

582

The GAW/Paycoin controversy has sparked online protests against TNABC for allowing Josh Garza to speak, but how far should it go?

Concerning Garza, TNABC and Bitcoin Media: ‘Down with Everything Associated with Anyone’ (Op-Ed)

2015-01-06T23:55:04+00:00

428

Litecoin, Dogecoin, Blackcoin and Neoscoin requested to be delisted from Coin-Swap. The move follows the recent announcement of Josh Garza's Paybase’s acquisiti...

Altcoins Dropping Off Coin-Swap in Boycott Against GAW Miners

2015-01-05T19:30:55+00:00

1196