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China: Former Central Bank Exec to Reportedly Head New Tech Regulation Division
11.12.2019
China’s securities regulator reportedly plans to set up a tech division that will be headed by the former chief of the central bank’s digital currency initiative
Zcash Outperforms Bitcoin, Ethereum as it Prepares For Blossom
11.12.2019
Zcash (ZEC), the privacy-focused cryptocurrency, is set to activate “Blossom,” a code improvement, in a mandatory system-wide upgrade today, and is among the best performing coins on Wednesday and in the past week.
At pixel time (12:30 UTC), ZEC, is changing hands at c. USD 31 and traders...
Central Bank 'Parental Controls' Obsolete for Crypto: Bank of Lithuania
11.12.2019
Lithuania’s central bank suggested that banks should face the perceived risks of digital currencies and join the digital asset space to preserve control
How Saying 100K Times ‘Crypto’ Helps Homeless (And Promotes Your Startup)
11.12.2019
CoinBurp CEO, Peter Wood, during a live stream. In an ambitious bid to raise money for Centrepoint, a UK homeless charity, and encourage charities to accept cryptocurrency as the form of donation, Pete Wood, the CEO of CoinBurp, a crypto startup, has challenged himself to say the word ‘crypto’...
Bitcoin ‘Can Be’ A Reliable Financial Instrument After All: Mark Cuban
11.12.2019
Mark Cuban appears troubled when asked to give his verdict on Bitcoin’s utility as a financial instrument
Chinese City Named as Digital Yuan Testbed Launches Blockchain ID
11.12.2019
As China gears up for a major blockchain drive, and the expected launch of its digital yuan next year, the city of Shenzhen and one of the country’s biggest banks – China Construction Bank (CCB) – appear to be playing vital roles.
Per news agency Xinhua and media outlet the Global Times, local...
Sweden’s Financial Authority Approves Swiss Crypto ETP Provider Amun
11.12.2019
On December 10, Switzerland-based firm Amun AG announced the company’s base prospectus has been approved by the Swedish Financial Supervisory Authority (SFSA). The ETP provider said it has extensive plans to expand its digital asset ETPs throughout Europe, while Sweden shows “strong...
Russia’s National Energy Grid Operator Tests Blockchain for Retail Payments
11.12.2019
Russia’s national energy grid operator Rosetti, blockchain startup Waves and Alfa Bank are trialing a blockchain solution for electricity payments
The Pros and Cons of Social Trading: Is It a Good Idea for New Investors?
11.12.2019
Social trading tools are rising in popularity, especially among those who are unfamiliar with crypto. But what are their upsides and downsides? #Sponsored
This is How 'Sheep Investors' Helped Build Alleged USD 722M Crypto Ponzi
11.12.2019
Source: iStock/ridvan_celik
U.S. law enforcement has arrested three men in connection with a USD 722 million cryptocurrency mining Ponzi scheme that targeted thousands of investors the conspirators called “dumb” and “sheep.”
The U.S. Attorney’s Office for the District of New Jersey said yesterday...
Bitpay Launches Support For Three USD Stablecoins — But Not Tether
11.12.2019
BitPay is now formally accepting stablecoins for payment, but not the one which is by far the most widely used
China’s SEC May Soon Have a Crypto-Savvy Department Chief: Report
11.12.2019
China's securities watchdog is reported to be hiring Yao Qian, the former head of the central bank's digital currency initiative, as the chief of its new tech regulation bureau
ShapeShift Denies Claims By Kraken That KeepKey Can be Hacked in 15 Minutes
11.12.2019
The KeepKey hardware wallet. Source: KeepKey, Instagram
After cryptocurrency exchange Kraken reported a flaw in hardware wallet KeepKey, the owner of this product, crypto exchange ShapeShift replied that the report is misleading and the attack difficult to carry out.
The story starts on December...
Blockchain Makes Money Laundering Risks Greater, Says Swiss Regulator
11.12.2019
The Swiss Financial Market Supervisory Authority warned that blockchain exacerbates the country’s money laundering risks
Bitcoin and Altcoins Start Fresh Decrease, Bulls In Check
11.12.2019
After a failed attempt to clear the USD 7,550, bitcoin price started a fresh decline. BTC/USD broke the USD 7,400 support area and even the USD 7,350 pivot level. The price is now (09:00 UTC) struggling to stay above USD 7,200 and it may continue to move down.
Similarly, there was a fresh decrease...
FinCEN Director Notes Improved Oversight of Cryptocurrency Industry
11.12.2019
FinCEN’s director says increased adoption of reporting guidelines for crypto businesses has led to an uptick in the number of suspicious activity reports filed
SEC Cryptocurrency Approach ‘Measured,’ Chairman Clayton Tells Senate
11.12.2019
U.S. SEC chairman Jay Clayton endorsed his agency’s regulatory policy on cryptocurrency despite the ICO controversy
The State Encourages ICO Fraud. The Free Market Minimizes It
11.12.2019
Many Initial Coin Offerings (ICOs) have been and are frauds. The state enables this con game in various ways, including the establishment of accredited investors and the regulation of businesses that sell equity. Shut off from the most lucrative aspects of investment, average people rush into...
Ross Ulbricht Uses Elliot Waves to Predict Bitcoin’s Trajectory From Behind Bars
11.12.2019
Ross Ulbricht, serving life without parole for allegedly running the Silk Road marketplace, hasn’t allowed his detention to deprive him from monitoring bitcoin’s price action. In a new blog series titled Bitcoin by Ross, Ulbricht reveals that he is closely attuned to BTC’s price...
Ethereum Ice Age May be Imminent If Miners Withdraw From Network
11.12.2019
What are the three most critical negative consequences of Ethereum’s difficulty bomb explosion, and what’s the way out?