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A New Chinese Crypto Exchange Sparks Controversy Due to Its Business Model
A new China-based cryptocurrency exchange that launched in May is gathering critical reviews from the Chinese media because of its “trans-mining model” of revenue generation. The exchange’s trading volume witnessed an instant spike, surpassing some of the biggest exchanges in the world. дальше »
2018-6-25 20:38 | |
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Billionaire Anthony Di Iorio Now Looking for Chinese Blockchain Startups
Early Bitcoin investor and co-founder of the Ethereum blockchain-based computing platform, Anthony Di Iorio, is eyeing two Chinese blockchain and cryptocurrency firms in his search for the next big thing in the industry. дальше »
2018-6-25 20:38 | |
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Iceland Becomes Global Crypto Mining Powerhouse but Neighbors Could Pose a Challenge
Based on its name alone, Iceland will usually evoke images of a sparse population and freezing temperatures. While nobody was watching, however, the island nation slowly became the hottest location for one of the fastest-growing industries today — the country is now recognized as the global center for crypto mining. дальше »
2018-6-25 20:38 | |
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Venezuela’s Fight With Inflation May Have Helped Cryptocurrency Acceptance
Faced with the rapid decline of their money’s purchasing power, Venezuelans have no choice but to come up with out-of-the-box solutions to offset the effects of their country’s sky-high inflation rate. дальше »
2018-6-25 20:37 | |
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Tencent and Chinese Government Agencies Form China Blockchain Security Alliance
With the increasing integration of blockchain technology into the mainstream life, guarding it against potential issues and threats such as cyber-attacks is now quickly becoming an increasingly important issue that must be faced head-on. дальше »
2018-6-25 20:37 | |
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Bithumb Expects Actual Losses to Be Lower, Promises Reimbursement to Affected Clients
Earlier this week, the cryptocurrency community was once again dumbfounded when millions of dollars worth of digital coins went missing as hackers successfully breached Bithumb, which is South Korea’s biggest crypto exchange. дальше »
2018-6-25 19:42 | |
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Crypto Investor Believes ICOs Are No Longer Attractive As Most Are Overvalued
While savvy investors are always on the lookout for good initial coin offerings, the present may not be the best time to enter the crypto scene via ICOs. There are tons of new entrants into the market these days, but portfolio manager Brian Kelly believes that these ICOs don’t offer the best deal at all; […] Crypto Investor Believes ICOs Are No Longer Attractive As Most Are Overvalued was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-6-25 19:42 | |
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Regulated Crypto Custodians and the Implication on the Market
Custodianship is still a stumbling block to institutional investors preventing them from confidently entering the cryptocurrency space. As more crypto-oriented custody ventures take actions toward being a qualified custodian, the near future will probably witness huge amounts of institutional capital flowing into the asset class. дальше »
2018-6-25 19:42 | |
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More Than Half of the World’s Wealthiest Eyeing Cryptocurrency to Make Even More Money
When it comes to money, it appears that even the wealthiest among us still want more. According to a recently released survey result from Worldwealthreport. com, most of these high net worth individuals (HNWI) are now eyeing cryptocurrency as a potential investment option. дальше »
2018-6-25 19:42 | |
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Why Venture Capitalists Don’t Want to Miss on Cryptos?
Traditional venture capital (VC) firms were not designed to invest in assets other than public and private companies. After the huge returns from the cryptocurrency sector during 2017, these firms are now looking to partake in cryptocurrency investments. дальше »
2018-6-24 23:03 | |
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What Is a Reverse ICO and Why Do Companies Love It?
The world is quickly moving towards a tokenized economy and companies with traditional business models are now looking for ways to cash-in the trend. The success of messaging app Kik has encouraged other businesses to opt for a reverse ICO, which is a method of fundraising that allows traditionally designed companies to take advantage of the crypto […] What Is a Reverse ICO and Why Do Companies Love It? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-6-24 22:51 | |
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Ride-hailing Company Chexianglian Receives Funding From Grand Shores Blockchain Fund
A former Alibaba employee founded the new investment firm called Grand Shores Global Blockchain Ten-Billion Innovation Fund. The fund, recently, announced its investment into a ride-hailing project called Chexianglian. дальше »
2018-6-24 22:46 | |
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Lucara Diamonds Acquires Blockchain-based Retail Platform Clara
Lucara Diamonds, which is one of the most prominent diamond mining companies located in Botswana, is now looking forward to using blockchain technology to revolutionize their business from the ground up. дальше »
2018-6-24 22:43 | |
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Ukrainian Police Arrest Four People for Running Fake Crypto Exchanges
The Ukrainian National Police announced the arrest of four suspects, who reportedly ran six fake cryptocurrency exchanges in the country. They were arrested last week from Dnipro city, after which their homes were raided, and several computers and smartphones were seized. дальше »
2018-6-23 14:57 | |
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Stanford Computer Scientists Establish Center for Blockchain Research
A computer scientist at Stanford has founded a newly-distributed ledger research initiative called Center for Blockchain Research. The project, dedicated to researching and changing the fundamentals of blockchain use, could help in revolutionizing the industry by improving the way companies and people interact and complete financial transactions on DLT platforms. дальше »
2018-6-23 14:44 | |
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A 230 Billion Won Government Pump Awaits Korean Blockchain Sector
The Ministry of Science and ICT of South Korea announced its blockchain technology development strategy on June 21. The government aims to provide 230 billion won (~$207 million) for boosting development of distributed ledger technology in the country. дальше »
2018-6-23 14:38 | |
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Indian Exchange ZebPay Stops Allowing Rupee Withdrawals; Broader Indian Crypto Ecosystem Under Pressure
One of the largest crypto exchanges in India, ZebPay, announced that as of June 22, it could be stopping all withdrawals to fiat in Indian Rupee from its platform. This comes on the back of an April 5 declaration by the Indian government that all banks must stop acting as intermediaries between exchanges and their […] Indian Exchange ZebPay Stops Allowing Rupee Withdrawals; Broader Indian Crypto Ecosystem Under Pressure was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-6-23 14:28 | |
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Investment App Robinhood, Which Recently Opened Up Crypto Investing to Users, in Talks With US Officials to Obtain Banking License
According to sources obtained by Bloomberg. com, personal investment app start-up Robinhood (which allows crypto investments also) has begun discussions around obtaining a banking license from the US Office of the Comptroller of the Currency (OCC), which would allow the Menlo Park company to expand its offering to customers significantly. дальше »
2018-6-23 14:23 | |
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VMware Could Reveal a New App Store and Its Blockchain Venture
Catalogs for the VMWorld event by VMware are now live, and they reveal that the company could be focusing extensively on cloud and blockchain-based solutions. It could focus on its new enterprise blockchain solutions, Edge computing and cloud foundation programs. дальше »
2018-6-23 14:19 | |
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Microsoft and EY Launch Blockchain Based Solution for Content Rights
EY and Microsoft launched a new blockchain based content rights and royalties management system on Thursday. The two will be deploying the system to Microsoft and its game publisher partners first before expanding their reach to other industries. дальше »
2018-6-23 14:14 | |
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Cryptocurrency-related Businesses Denied Banking Services by Irish Lenders
Cryptocurrency-related services in Ireland are experiencing difficulty operating their businesses as Irish lenders are refusing to work with them. Some companies had to open international bank accounts, while others halted trading altogether. дальше »
2018-6-22 23:10 | |
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Goldman Sachs May Expand Cryptocurrency Trading Operations Beyond Just Futures Contracts, According to COO
David Solomon, Chief Operating Officer of Goldman Sachs (one of the most successful financial firms in the world), announced on Wednesday that the bank is considering expanding its involvement in crypto trading to incorporate more types of investment. дальше »
2018-6-22 23:10 | |
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Smaller Chinese Crypto Exchanges Could Shut Down Soon, Experts Say
Small exchanges in China are finding it very difficult to attract customers and could likely shut down soon. Local news sources reported that the top 14 exchanges in the country grab over 73% of the total transaction value. дальше »
2018-6-22 23:10 | |
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BBVA Signs Agreement With Repsol to Develop Blockchain Financial Solutions
BBVA and Repsol have signed an agreement to work together on developing a blockchain financial solution that renews a 325-million-euro credit line. The revolving credit facility (RCF) is being used on the blockchain for the first time. дальше »
2018-6-22 23:10 | |
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Crypto Hedge Fund Multicoin Valued at $75m After Fred Wilson’s VC Investment
Despite the recent decline of the cryptocurrency market, the promise of huge profits continues to lure investors to funnel some of their funds into these digital coins. Recently, the New York-based venture capital firm Union Square Ventures (USV) officially announced its investment in Multicoin Capital, which is a cryptocurrency hedge fund startup. дальше »
2018-6-22 21:43 | |
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Quebec Raises Power Tariff for Cryptocurrency Miners
Quebec province has decided to raise the power tariff for cryptocurrency miners in the region. The policy will apply to all miners until the province finds an alternate solution to feed the power-hungry industry. дальше »
2018-6-22 21:43 | |
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Bank for International Settlements: Cryptocurrencies Beyond the Hype
The Bank for International Settlements (BIS) dedicated a full chapter to cryptocurrencies in its 2018 Annual Economic report prerelease. The report concluded that design flaws and cumbersome cost of establishing decentralized trust make cryptocurrencies fail as a viable money substitute. дальше »
2018-6-22 21:43 | |
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50cycles to Launch New Electric Bike That Rewards Riders With Cryptocurrency
50cycles, a UK-based electric bike retailer, announced via a blog post what it describes as taking electric bikes to a “whole new dimension. ” The company plans to launch a new set of products that rewards riders with cryptocurrencies while traveling with their bikes. дальше »
2018-6-22 21:42 | |
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4 Years After Dumping Lenin, Kiev Prepares to Honor Bitcoin Creator Satoshi Nakamoto With a Monument
Kiev, the capital city of Ukraine, will soon have a monument to Bitcoin creator Satoshi Nakamoto. The exact location for the statue is yet to be finalized, but if a group called the Satoshi Nakamoto Republic has their way, it will be placed at the intersection of Kiev’s main Khreshchatyk Street and the Taras Shevchenko Boulevard. дальше »
2018-6-22 21:42 | |
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Retail Investors Should Be Careful With ICOs, NASDAQ CEO Warns
NASDAQ President and CEO Adena Freidman said that Initial Coin Offerings have the potential to defraud retail investors due to lack of regulatory oversight, transparency issues and not enough public information available about the projects. дальше »
2018-6-22 16:28 | |
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Stellar Could Acquire Chain the San Francisco-Based Blockchain Startup
A San Francisco-based blockchain startup called Chain is making headlines in the crypto world. Fortune reports that cryptocurrency company Stellar is in talks to acquire the firm. According to the publication, the entirety of the $500 million acquisition deal will be paid in Stellar Lumens (XLM) coins. дальше »
2018-6-22 16:28 | |
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SEC Obtains Order to Freeze Additional Assets of PlexCorps’ Dominic Lacroix
The U. S. Securities and Exchange Commission revealed in a litigation release dated June 20 another emergency court order for an asset freeze over Dominic Lacroix, who the agency describes as a “recidivist Quebec securities law violator. дальше »
2018-6-22 16:28 | |
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UK’s FCA Issues Yet Another Warning Against Crypto Brokers
The Financial Conduct Authority of the U. K. has warned traders against an unregulated firm called Cryptorobot365. The regulatory body blacklisted the firm for providing cryptocurrency investment services in the country without authorization from the agency. дальше »
2018-6-22 16:28 | |
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New EU Directive Allows FIUs to Monitor Cryptocurrencies
The European Union, on Tuesday, published its Fifth Anti-Money Laundering Directive (Directive (EU) 2018/843) that strengthens the organization’s rules to detect and prevent illegal routes through which money is laundered in or out of the member nations. дальше »
2018-6-22 16:27 | |
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First-ever Bitcoin ATM in European Airport Lands in Amsterdam
Amsterdam Airport Schiphol is the first airport in Europe to receive its very own cryptocurrency ATM unit. Dutch software company ByeleX Data Solutions BV fitted Schiphol, one of the world’s biggest airports, with its first cryptocurrency ATM. дальше »
2018-6-22 14:51 | |
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Enigma Announces Partnership With Intel to Bolster Its Development of Private, Scalable Blockchain Tech
Enigma, a project aiming to provide blockchain solutions that allow for sensitive data storage on public ledgers, today announced a collaboration with major vendor Intel, intending to leverage the manufacturer’s competence in privacy-focused hardware. дальше »
2018-6-22 14:45 | |
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Blockchain Browser Brave Starts Testing of On-device Ad Targeting
Based on a blockchain framework and using its cryptocurrency Basic Attention Token (BAT), pro-privacy browser Brave is testing its voluntary on-device ad targeting starting Tuesday. The company will continue testing for an unspecified time before scaling up and starting additional user trials. дальше »
2018-6-22 14:42 | |
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Two Blockchain Projects Blame Medium for Restricting Crypto Content
Medium, a popular publishing platform, is apparently following self-regulatory policies after it suspended blog posts from a few cryptocurrency projects. Two blockchain projects also claimed that posts by companies operating in the industry are being restricted. дальше »
2018-6-22 14:35 | |
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Bitcoin Trusts Can Save Traders From Taxes
The Securities and Exchange Commission (SEC), recently, noted that Bitcoin and Ethereum could not be considered “securities. ” While this made investors cheer, there is still one complicated regulatory battle they have to win. дальше »
2018-6-22 14:31 | |
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Europol Meets Top Crypto Exchanges to Curb Criminal Activity
The Europol is meeting 16 cryptocurrency exchanges, digital wallet providers, and payment processors in a three-day conference in Hague. Beginning Tuesday, the participants will discuss ways to curb criminal activity in the digital currency sector and ways to avoid money laundering using digital coins. дальше »
2018-6-22 00:46 | |
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MyCrypto Founder Reveals the Perils of the Centralization of Authority
Taylor Monahan, who was the co-founder of MyEtherWallet (MEW) and is the founder of MyCrypto, recently, responded to BitcoinFoundation. org founder Charlie Shrem’s concerns over EOS’s overwhelming centralization. дальше »
2018-6-22 00:46 | |
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Bithumb Loses $30 Million After South Korean Exchange Is Hacked
One of the busiest virtual coin exchanges in the world, Bithumb, was hacked on Tuesday 19th June and coins worth over $30 million were stolen. All activities on the platform have been temporarily suspended, and there is no news of service renewal yet. дальше »
2018-6-22 00:46 | |
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Goldman CEO Strikes a Surprisingly Optimistic Chord About Bitcoin’s Future
Lloyd Blankfein, CEO of Goldman Sachs, spoke at the Economic Club of New York on Tuesday and struck a surprisingly optimistic chord for Bitcoin. The banker said that he does not rule out the possibility of a future for the largest digital currency. дальше »
2018-6-22 00:46 | |
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IBM iX’s Robert Schwartz Believes Blockchain Could Bring “Loads of Disruption”
The technology industry could be using “bananas” to describe blockchain, says IBM iX’s global leader of agency services, Robert Schwartz. The executive noted that the use of blockchain could bring disruption to businesses, as well as governments. дальше »
2018-6-22 00:46 | |
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BitTorrent Being Bought For Over 100 Million In Cash But Won’t Change Its Services
The biggest and most popular peer-to-peer software technology known as BitTorrent is, reportedly, being bought by blockchain company Tron for a whopping $140 million in cash. The deal between BitTorrent and Tron CEO Justin Sun had been spreading over the internet within the past month. дальше »
2018-6-21 22:59 | |
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BitTorrent Being Bought For 140 Million In Cash By Tron [TRX] and Its Founder Justin Sun
The biggest and most popular peer-to-peer software technology known as BitTorrent is, reportedly, being bought by blockchain company Tron for a whopping $140 million in cash. The deal between BitTorrent and Tron CEO Justin Sun had been spreading over the internet within the past month. дальше »
2018-6-22 22:59 | |
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People Don’t Understand Ripple and XRP Are Different Things, Says Ripple Exec
Ripple’s Chief Market Strategist Cory Johnson recently spoke at Yahoo Finance’s All Market Summit: Crypto. He noted that most people don’t understand that Ripple and XRP are two different things. дальше »
2018-6-21 22:59 | |
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Experts on Bitcoin’s Volatility at Its Lowest Point: ‘Selling Has Become Exhausted’
The world’s most popular cryptocurrency is reaching a low in volatility as Bitcoin stabilizes after its more than 60% decline in price since its December peak. Experts believe that the “selling has become exhausted. дальше »
2018-6-21 22:59 | |
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Akon Unveils His Own Cryptocurrency In Hope of Bringing ‘Power Back To The People’
Five-time Grammy-nominated artist Akon announced his very own cryptocurrency that is cleverly called “Akoin. ” The 45-year-old songwriter also plans on building a futuristic city in West Africa, where he hopes to utilize his own cryptocurrency as the primary means of transaction. дальше »
2018-6-21 22:58 | |
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St. Louis Fed Now Tracking Prices of 4 Prominent Cryptos
Federal Reserve Bank of St. Louis has included prices of four top cryptocurrencies in its research database. The Feds announced the move on Tuesday, indicating that the Federal Reserve Economic Data (FRED) will now include price data of Bitcoin, Bitcoin Cash, Ethereum and Litecoin, provided by Coinbase. дальше »
2018-6-21 20:59 | |
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