Developers behind Facebook’s Libra digital currency are pushing forward despite mounting issues with regulators. Facebook’s Libra digital currency developers have released a new roadmap outlining steps toward its mainnet launch. The update from the Libra Foundation published on Oct. 2 highlights various points of interest for both developers and those who operate the protocol’s nodes. […]
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Swiss crypto broker Bitcoin Suisse partners with fintech firm Amun to launch a new crypto exchange-traded product on the country’s exchange SIX. Swiss crypto broker Bitcoin Suisse has partnered with fintech firm Amun to launch a new crypto exchange-traded product (ETP) on the country’s stock exchange SIX. “ABBA” Bitcoin and Ether ETP goes live As […]
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South Korean blockchain provider Blocko launches in the United Arab Emirates after securing $16 million in funding. Blocko, a South Korean blockchain provider, launched in the United Arab Emirates after securing $16 million in funding. Building full-scale enterprise blockchain solutions On Oct. 2, Middle Eastern business publication Arabian Business reported that Blocko has partnered with […]
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Ohio Treasurer Robert Sprague announced the immediate suspension of the OhioCrypto.com website that allows businesses to pay taxes with Bitcoin. Ohio Treasurer Robert Sprague announced the immediate suspension of the OhioCrypto.com website that allows businesses to pay taxes with Bitcoin (BTC). In an Oct. 2 press release, Sprague announced that according to an internal review, […]
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Senior members of the House Financial Services Committee asked the Federal Reserve whether there are plans for launching a U.S. dollar digital currency. Members of the United States House of Representatives Financial Services Committee asked the Federal Reserve whether there are any plans of launching a U.S. dollar digital currency. Fed has the mandate to […]
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Leading Japanese financial firms like Monex Group and SBI Securities are forming a regulatory body for security token offerings. Leading Japanese companies are forming a regulatory association for security token offerings (STO). On Sept. 30, the Nikkei Asian Review reported that firms such as SBI Securities, Nomura Securities, Monex Group and Daiwa Securities Group are […]
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Bitcoin hovers around $8,300, as the cryptocurrency markets continue to trade sideways after BTC’s fake breakout. Wednesday, Oct. 2 — After a fake breakout, where Bitcoin (BTC) jumped upwards from a seven-day low of $7,746 to $8,480 from Sept. 29–Oct. 1, BTC slowly retraced to its current price level. Cryptocurrency market daily overview. Source: Coin360 One […]
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Though crypto transfers are immutable, offline cryptocurrency transactions may be the key to total censorship resistance for blockchain. Earlier in September, Cointelegraph reported that Israeli cybersecurity startup GK8 had raised $4 million to finance its offline cryptocurrency transaction solution. The company developed a cold wallet with “hot wallet functionalities” that is completely shielded from online hackers because […]
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After a shallow pullback, will major cryptocurrencies extend their decline? Let’s study the charts. Manuel Andersch, senior FX analyst at the Bayerische Landesbank has published a report, which suggests that the “forthcoming halving effect has hardly been priced into the current Bitcoin (BTC) price.” Using a stock-to-flow ratio metric, the report projects a target price […]
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Cryptocurrency payment processor BitPay has entered a partnership with Ripple’s investment arm Xpring to support payments with XRP. Major cryptocurrency payment processor BitPay has entered a partnership with Ripple’s investment arm Xpring to support payments with XRP. The development was announced in an Oct. 2 press release, revealing that now businesses can accept the third-largest […]
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