Cryptocurrency bull Brian Kelly has predicted that the next Bitcoin target is going to be $6,000. Brian Kelly, the founder and CEO of digital currency investment firm BKCM LLC, said that the next Bitcoin (BTC) target is going to be $6,000, CNBC reported on April 2. During an interview on CNBC’s “Futures Now” show, Kelly […]
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Irish global market research firm Research and Markets added a report on global blockchain adoption in the telecoms industry. Global blockchain applications in telecom will generate $1.37 billion in revenue by 2024, according to a press release by Research and Markets published on April 2. The report, dubbed “Global Blockchain in Telecom Market Forecast up […]
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Austrian Minister for Digital and Economic Affairs Margarete Schramboeck said that “we do not need regulation for blockchain.” Austrian Minister for Digital and Economic Affairs, Margarete Schramboeck said that “we do not need regulation for blockchain,” technology-focused media outlet Trending Topics reported on April 2. Schramboeck — who previously served as CEO of major Austrian […]
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Ernst & Young has argued that the now-shuttered Canadian crypto exchange QuadrigaCX should be placed in bankruptcy rather than undergo restructuring. Big Four audit firm Ernst & Young (EY) has argued that the now-shuttered Canadian crypto exchange QuadrigaCX should be placed in bankruptcy instead of being restructured as part of ongoing creditor protection proceedings. EY […]
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Swiss food technology giant Bühler introduced two “blockchain-ready” food safety products. Swiss food technology giant Bühler introduced two food safety products that can potentially integrate blockchain at the Microsoft booth at the Hannover Messe industrial event in Germany on April 1. The company reported the news in a press release published the same day. The […]
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In an apparent first, PayPal has made an investment in a blockchain startup — one that focuses on leveraging the technology to give users more control over their digital identities. In an apparent first, global online payments firm PayPal has made an investment in a blockchain startup — one that focuses on leveraging the technology […]
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The State Bank of Pakistan, the nation’s central bank, aims to issue a digital currency by 2025. Jameel Ahmad, the deputy governor of the State Bank of Pakistan (SBP), the nation’s central bank, declared that the institution aims to issue a digital currency by 2025, Pakistani YouTube news channel Public News reported on April 1. […]
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How a user gaming the Augur network led to the debate on the validity and effectiveness of decentralized networks. According to a Reddit thread on March 19, traders on Augur, a decentralized oracle and peer-to-peer protocol for prediction markets, are being scammed. The Reddit user claims that “some people” in the Augur community are exploiting […]
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The new San Juan Mercantile Exchange subsidiary is now live after gaining a banking license in March. Puerto Rico-based cryptocurrency trading platform San Juan Mercantile Exchange (SJMX) has launched banking operations via a new subsidiary, the company announced in a press release on April 2. SJMX, which exists as a membership-based exchange for digital asset […]
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The Malta Financial Services Authority approves the first 14 crypto assets agents, which filed applications last fall. The Malta Financial Services Authority (MFSA) has approved its first 14 crypto assets agents that previously sought for a license, according to an official statement published today, April 2. The approval comes five months after the Virtual Financial […]
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