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Crypto Cybercrime Has Tripled Since 2017; Nearly $1 Billion Lost in 2018
Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in...
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Coinbase Has Just Added ZRX, Its First ERC-20 Token
Making good on a promise it made back in March of this year, Coinbase has just added its first ERC-20 token. ZRX, the token of the 0x (pronounced “zero x”) protocol began trading on Coinbase Pro...
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Singapore-based Blockchain Consortium Buys Majority Share in Bithumb
Singapore-based BK Global Consortium has paid 400 billion won (approximately $350 million) for a majority stake in South Korean Bithumb, the world’s third-largest cryptocurrency exchange, according to...
View ArticleShort Positions Against Ethereum Reach Record Highs on Bitfinex
The cryptocurrency markets posted some slight gains on Friday after seeing a massive selloff on Thursday that sent many altcoins down by more than 10% and pushed Bitcoin to its range support at...
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Litecoin Price Makes Slight Gain in Wake of Gemini Listing
Cryptocurrency exchange Gemini has announced that effective Saturday, Oct. 13, at 9:30am EDT, customers will be able to deposit litecoin into their Gemini accounts. The New York-based startup headed by...
View ArticleFormer Trump Economic Adviser Joins Blockchain Startup Spring Labs
One of President Trump’s previous economic advisers has joined Spring Labs. Gary Cohn is the latest former Wall Streeter to take up a position within the ever-expanding blockchain industry. Cohn Joins...
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Chilean Bitcoin Exchange Buda Adds Lightning Network Support
Buda, one of Chile’s largest cryptocurrency exchanges by trading volume, has recently introduced support for Lightning Network (LN) payments on its platform, to allow its users to experiment with the...
View ArticleFinCEN Issues Advisory On Iran’s “Illicit” Use of Crypto to Bypass Sanctions
Concerns are growing surrounding Iran’s use of cryptocurrencies like Bitcoin and Monero – and soon, their own native cryptocurrency – to evade economic sanctions put in place by the U.S., prompting...
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Cryptocurrency Tech Will Make Web Look like ‘Cute Experiment’: Circle CEO
Blockchain unicorn Circle has made a series of strategic moves that all have one theme: to become a dominant force in the world of cryptocurrency. The startup is backed by some of the most influential...
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Coinbase Ditches Its Index Fund in Favor of a New Retail Feature
Coinbase – one of the largest digital currency exchanges in the U.S. – is nixing its index fund designed for accredited investors and shifting its focus to a new retail product, The Block reports...
View ArticleEthereum’s Constantinople Upgrade Stalls on Test Network
Constantinople, ethereum’s next system-wide upgrade did not activate on the Ropsten testnet as planned on Saturday.
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Bitcoin Price Weekly Analysis: BTC/USD Could Test $6,390 Before Lower
Key Points Bitcoin price found support near the $6,100 level and corrected higher against the US Dollar. There is a major bearish trend line in place with resistance at $6,325 on the 4-hours chart of...
View ArticleCrypto Reckoning? Industry Vets Strike Humble Tone in San Francisco
Many at San Francisco Blockchain Week are warily reflecting on the lessons of the 2017 token boom, the pride that came before the bear-market fall.
View ArticleCrypto Week In Review: Coinbase Drops Index Fund, “Dr.Doom” Bashes Crypto
Despite Nouriel “Dr.Doom” Roubini’s cries that the crypto market is on its last legs, this week’s crypto- and blockchain-pertinent developments indicate that this industry is still booming. Nouriel...
View ArticleNot So Safe Haven? Signs Suggest Bitcoin Might Still Be a Risk Asset
Bitcoin and the equities markets both took a tumble this week, leaving many to wonder if BTC is more safe haven or risk asset.
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Bitcoin Fully Bottomed Out at $6k? Bears Struggle to Justify Stability
The question of whether Bitcoin has bottomed already has again surfaced following the latest drop in the digital currency price. Bears have no explanation as to why BTC has been holding this price for...
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Report: Crypto Funds Make up 20% of Hedge Fund Launches in 2018
The number of cryptocurrency hedge fund launches has increased dramatically in 2018 despite a bearish market, finds a new study. According to Crypto Fund Research, crypto funds now constitute 20...
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UK: Cryptocurrency Regulations May Take 2 Years for Lawmakers to Draft
Cryptocurrency regulations in the UK could take up to 24 months to be introduced according to a legal expert at a UK based law firm. James Kaufmann, Legal Director at Reynolds Porter Chamberlain (RPC)...
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As Petro Launch Looms, Venezuela’s Bolivar Eyes 1.4 Million Percent Inflation
Based on findings from the International Monetary Fund (IMF), the annual inflation rate for Venezuela could reach as high as 1.37 million percent by the end of 2018. Inflation estimates for the country...
View ArticleHigher Correlation Between Stocks and Bitcoin May Hurt Crypto Market, Analyst...
The discussion of an existing correlation between stocks and Bitcoin continues. Having been found to move in tandem during short periods, both asset classes have experienced gains in 2017 and losses...
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