Bitcoin’s technical health is increasing at odds with price, as hash rate and market cap continue growing exponentially. Bitcoin (BTC) price climbed back above $9,500 on Aug. 30 as the largest cryptocurrency continued to grapple with the fallout of this week’s sudden losses. Market visualization. Source: Coin360 Bitcoin traders brace for return to $8Ks Data […]
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Winnipeg Bitcoin ATMs targeted with “out of order” signs. Fraudsters in Winnipeg, Canada, have targeted Bitcoin ATM users in the city by simply sticking a poster on the machine. Police issued a warning on Aug. 29 that following the instructions on the poster will lead to an irretrievable loss of their Bitcoin. Low-tech hack attack […]
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A failed attempt to increase licensing obligations for Bitcoin ATMs earlier this year has returned to the spotlight. Bitcoin (BTC) and cryptocurrency ATMs need a licensing scheme, authorities in the state of Nevada have officially announced. Bitcoin ATM operators must contact authorities In a statement first reported on by local news media outlet Nevada Current […]
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What will be the implications of further crypto wallet blocking and what will be the OFAC’s next moves? More and more cryptocurrency addresses have been added to the United States Department of the Treasury’s list of Specially Designated Nationals, which are marked as being possibly associated with the global drug trade. According to the Kingpin […]
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Seychelles-based securities exchange MERJ plans to distribute its equity to Europe using digital tokens by partnering with blockchain service provider Globacap. Seychelles-based securities exchange MERJ — which listed the first regulated security token on a national stock market — plans to distribute its equity to Europe via a partnership with blockchain service provider Globacap. A […]
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Elwood Asset Management — owned by British billionaire and Brevan Howard founder Alan Howard — is planning a $1 billion venture into the crypto hedge fund space. Elwood Asset Management — owned by British billionaire and Brevan Howard founder Alan Howard — is planning a $1 billion venture into the crypto hedge fund space. The […]
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The platform will reduce leverage from 5x to 4x in its latest overhaul, which is scheduled for the end of October. Japanese cryptocurrency exchange Coincheck has announced it is reducing the scope of its leveraged trading options to comply with local rules. In a blog post on Aug. 30, officials said they were reducing the […]
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Financial analysts say a growing number of retail investors are betting on Bitcoin as a hedge against macroeconomic turbulence and U.S.-China trade war. Financial analysts say a growing number of retail investors are betting on Bitcoin (BTC) as a hedge against macroeconomic turbulence during the protracted United States-China trade war. The London Economic reported the […]
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Cryptocurrency project Decred announces the addition of various privacy-focused features to its DCR coin. On Aug. 28, cryptocurrency project Decred announced that it is adding a few new privacy-focused features to its cryptocurrency DCR. According to Decred’s official blog, the goal of these new features is to be “simple, adaptable, and creative.” The post explains: […]
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DLT platform Hedera Hashgraph is preparing for a public beta test, during which developers could build DApps and try out the network’s smart contracts. Hedera Hashgraph, a distributed ledger technology (DLT) platform, announced that it will offer open access to its mainnet beta starting Sept. 16. According to Hedera Hashgraph’s official blog post published on […]
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