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Crypto Treasure Hunters to Get a New Target - XTZ 1 Million
1.9.2019
How does solving clues, puzzles and challenges in order to win 1 million Tezos tokens, currently worth USD 1 million sound? Here's your chance.
The alternate reality game Satoshi's Treasure launched the ongoing global hunt for USD 1 million in Bitcoin in April this year, during which the clans...
How the New FATF Rules Will Open up Crypto to a Layer of Middlemen
31.8.2019
The new guidelines by the Financial Action Task Force (FATF), a multi-government body, have profound implications for how cryptocurrency exchanges and some other virtual asset companies operate. It requires them to collaborate with major financial service companies, with blockchain analysis firms...
Faketoshi’s Crime & Punishment and 20 Crypto Jokes
31.8.2019
This week, the news of a Faketoshi ruling hit the Cryptoverse, but that saga is far from over. On the other hand, BTC dropped below USD 10K, leaving analysts stumped.
Meanwhile, the Switzerland talks are done with a conclusion that Libra is still a concern, and Japan’s FSA looks set to beef up...
These Coins Saw Double and Triple Digit Growth in the Last Week
30.8.2019
ECB: Stablecoins Could be Rendered Useless by Financial Institutions
30.8.2019
Euro symbol in front of the European Central Bank in Frankfurt, Germany. If financial institutions were to use DLT (distributed ledger technology) to record traditional assets, such as commercial bank money and regulated electronic money, stablecoins could be rendered redundant, claims the paper...
Dominican Republic Citizenship Advertised as Benefit to STO Investors
30.8.2019
As the security token offering (STO) market is still in its early stages, a Cayman Islands-based holding company, La Estancia Holdings Ltd., is advertising a chance to gain citizenship in the Dominican Republic (not to be confused with Dominica) among other benefits to their STOs investors.
The...
Bitcoin and Altcoins Could Correct Higher in Short Term
30.8.2019
Recently, we saw a decline in bitcoin price below the USD 9,750 support area. BTC/USD even broke the USD 9,500 support and recently traded close to the USD 9,350 level. Similarly, there were sharp downsides in many major altcoins, including ethereum, ripple, bitcoin cash, EOS, tron, cardano...
Billionaire Investor's Firm Builds USD 1Bn Crypto Venture
30.8.2019
Elwood Asset Management, owned by billionaire investor Alan Howard, is building a new crypto investment platform for institutional investors, The Financial Times reported, citing CEO Bin Ren.
He sees this as a "very big growth opportunity" and hopes that the platform could eventually manage over...
Bitcoin is on Samsung Galaxy S10 Already, Another 32 Cryptos Supported
30.8.2019
After announcing its plans earlier in August, South Korean tech giant Samsung appears to have already added support for Bitcoin and another 32 coins to its Blockchain Wallet for the Galaxy S10 smartphone.
Per a report from South Korean national daily newspaper Seoul Kyungjae, the service has been...
More Crypto Regulations for Japan as Bank Reveals Wallet Plans
30.8.2019
Japan’s regulatory Financial Services Agency (FSA) looks set to beef up its policing of the country’s cryptocurrency exchanges.
Per a report from Japanese media outlet Crypto Watch, the FSA wants to revise more laws and bolster cooperation with overseas authorities.
Exchanges will be cheered by...
DeFi Startup Findora Weighs Funding Options, Plans First Apps in 2020
29.8.2019
John Powers. Source: Twitter, @FindoraOrg
Stanford-based Findora, a developer of a public blockchain for building financial applications, is in talks with investors as the startup is looking to announce their first apps and partnerships in the first quarter of 2020, John Powers, Chief Strategy...
Blockchain Alternative Hedera Hashgraph Has Three News
29.8.2019
Mance Harmon. Source: a video screenshot, YouTube, Hedera Hashgraph
Hedera Hashgraph, a public distributed ledger platform and a blockchain alternative for corporations, announced today the open access to its mainnet beta and the release of its HBAR coins to SAFT (Simple Agreements for Future...
Decred Adds More Privacy to Its Coin
29.8.2019
Decred, a developer of digital currency that is currently ranked 32nd by market capitalization, came out with their new privacy features.
“It is expected that roughly 12.5% of all Decred in circulation will make use of privacy within a few months,” the creators claim.
Project Lead for Decred...
Ether is Shariah-Compliant Until it's Used For Profit - Scholars
29.8.2019
A prominent Shariah advisory firm specializing in Islamic finance solutions, Amanie Advisors, in collaboration with Ethereum Foundation, looked into the Ethereum platform and its native currency Ether, to try and ascertain if they violate any prohibition and if they are permissible for the Islamic...
Bitcoin and Altcoins Could Continue to Bleed
29.8.2019
In the past two days, we discussed the chances of more downsides in bitcoin price below the USD 10,000 support level. BTC/USD did decline recently and broke a few important supports near the USD 10,000 and USD 9,750 levels. More importantly, there were strong bearish moves in most major altcoins...
Japanese Financial Giant SBI to Reward Shareholders with XRP
29.8.2019
Source: iStock/isa_ozdere
Japanese financial colossus SBI Group has announced that it will reward shareholders with interim benefits in Ripple's XRP tokens, which is the third largest token by market capitalization.
Per an official statement from SBI’s Morningstar arm, the group’s asset management...
Bitcoin, Altcoin Prices Drop Below USD 10,000 Leaving Analysts Stumped
29.8.2019
Bitcoin and altcoin prices have tumbled below the key USD 10,000 mark, with prices plummeting by USD 600 in just half an hour – although optimistic traders say they intend to “buy the dip.”
Prices had been steadily fluctuating above the USD 10,200 mark on the evening of August 28. But just before...
Chinese Media Denies Report of Upcoming State-Backed Digital Token
28.8.2019
The building of the Chinese central bank. The report that the Chinese central bank will launch its digital token in the coming months and seven institutions will be the first to receive it are based on “not reliable” sources, major Chinese news app Tencent News, owned by tech giant Tencent, said...
Ripple CEO Attempts to Fight 'FUD' Against XRP
28.8.2019
Brad Garlinghouse. Source: a video screenshot, Youtube, Bloomberg Technology
Ripple, a California-based blockchain startup focusing on the banking sector, and its CEO Brad Garlinghouse seem to have a reputation of nonchalantly handling all that comes their way, be it competition, criticism,...
Venezuela: Gov’t Crypto-remittance Platform Opens as Crypto-pay Booms
28.8.2019
Cryptocurrencies are once again making the headlines in Venezuela – with a chain of pharmacies set to accept crypto pay, a government-run crypto-remittance platform now “fully operational” and a crypto-friendly department store claiming crypto pay success.
As previously reported, Venezuela’s...