Kik almost went to the verge of shutting down because of its lawsuit with the SEC. A buyout from MediaLab saved it. On Oct. 13, Canadian social media and messaging app Kik revealed it’s “here to stay.” This was an apparent reversal from what the company’s CEO, Ted Livingston, said in a blog post — […]
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Following a giveaway announcement in September, Alistair Milne gives away Bitcoin instead of a $2,600 Denarium gold bar. Bitcoin (BTC) investor Alistair Milne was eventually forced to send Bitcoin instead of a $2,600 gold bar as part of his recent giveaway. Following a giveaway announcement on Sept. 19, Milne has revealed the winner as well […]
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Banks may be bound to stop working with social media giant Facebook if the firm launches its Libra stablecoin, according to ING CEO Ralph Hamers. Banks may be bound to stop working with social media giant Facebook if the firm launches its Libra stablecoin, according to ING CEO Ralph Hamers. Bank can choose to “not […]
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Limited movement on markets sees BTC keep support above $8K but resistance higher up remains conspicuous. Bitcoin price (BTC) continued its rangebound trading on Oct. 22 after failing to crack resistance at $8,300. Cryptocurrency market daily overview. Source: Coin360 Bitcoin shows little sign of major shift Data from Coin360 showed broadly sideways activity for BTC/USD […]
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Bitcoin technology pioneer Adam Back explained that there’s a greater financial incentive to creating altcoins compared to building on Bitcoin. Bitcoin (BTC) technology pioneer Adam Back explained at the Transylvania Crypto Conference that there’s a greater financial incentive to creating altcoins compared to building on Bitcoin. Forbes reported Back’s remarks on Oct. 21, noting that […]
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The U.K. government has stressed that is up to regulators, not the executive, to decide on a proposed ban on certain crypto derivatives for retail investors. The government of the United Kingdom has stressed that is up to regulators, not the executive, to decide whether to press ahead with a proposed ban on certain crypto […]
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Assistant Governor at the National Bank of Cambodia Serey Chea said that blockchain payments will enable greater financial control and remittance efficiency. Assistant Governor at the National Bank of Cambodia Serey Chea said that blockchain payments will enable greater financial control and remittance efficiency in an interview with CNBC published on Oct. 22. Chea said […]
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The prosecutor for the Silk Road case says that the fiat-dominated financial system is inept at tackling the very thing it purports to worry about when it comes to Bitcoin. Kathryn Haun — a general partner at Andreesen Horowitz and the Justice Department’s prosecutor for the infamous Silk Road case —- says that the fiat-dominated […]
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The banking app will begin serving U.S. customers before the beginning of next year, it says. Cryptocurrency-friendly internet banking app Revolut plans to launch in the United States later this year, the company has confirmed. MasterCard joins Visa support for Revolut In a press release on Oct. 22, Revolut said its expanding partnership with MasterCard […]
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A fresh uptick in Bitcoin interest among institutional investors has gone some way to reversing a dramatic fall in the second half of September. One class of investors has more than doubled the value of the long positions it holds in Bitcoin (BTC) futures contracts this month. Institutions settle in for the long term According […]
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