Britain’s youngest self-made billionaire pledges more than half his wealth to charity. The co-founder of crypto derivatives exchange BitMEX, Ben Delo, has joined over 200 other billionaires by pledging to donate the majority of his wealth to charitable causes. The Giving Pledge, founded by Bill and Malinda Gates along with Warren Buffet, is an initiative […]
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Following research claiming that 95% of volume on unregulated exchanges is fake, Bitwise clarified that it does not impact BTC’s price. American crypto investment manager Bitwise released a paper claiming that fake trading volumes by crypto exchanges do not impact bitcoin’s (BTC) price. Released on May 24, the white paper is an extended version of […]
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sponsored A social commerce tech platform used by famous companies has launched a wallet that enables consumers to buy products from 30,000 outlets. A social commerce technology platform has launched a new wallet that enables consumers to buy real-life products from more than 30,000 points of sale globally. Jet8 says its new wallet is a […]
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Can a possible government shutdown of cryptocurrency mixers lead to the development of more censorship-resistant avenues? On May 22, 2019, cryptocurrency mixers (also called tumblers) were front and center on the news cycle, following reports of European authorities shutting down one such service. Law enforcement officials involved said the action was necessitated by reports on […]
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A senior executive at blockchain investment firm Kenetic said that bitcoin will hit new highs in 2019 due to growing institutional interest. The co-founder at Hong Kong-based blockchain investment firm Kenetic has predicted that bitcoin (BTC) will rally as high as $30,000 by the end of 2019. Kenetic Capital’s Jehan Chu provided his stance on […]
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Indian tech firm Mphasis has partnered with blockchain tech giant Bitfury on a trade finance project. Indian tech firm Mphasis — majority-owned by the American multinational private equity firm Blackstone Group — has partnered with blockchain tech giant Bitfury on a trade finance project, Reuters reported on May 28. The report notes that Blackstone owns […]
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Tokenized says asset types including shares, loyalty points, admission tickets and memberships are supported through its ecosystem. A company has launched a protocol enabling businesses to create tokens for real-world assets on the Bitcoin SV (BSV) blockchain, according to a news release published on May 27. Tokenized says asset types including shares, loyalty points, admission tickets and memberships […]
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A new draft banking law will make it mandatory to obtain licenses in advance of operating platforms for issuing or trading crypto. A new banking law drafted for the Central Bank of Egypt (CBE) would make it mandatory to obtain licenses in advance of creating, advertising or operating platforms for issuing or trading cryptocurrencies. The […]
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Telangana plans to establish the country’s ostensibly first blockchain district by offering tax relief, resource subsidies and financial grants. The Southern Indian state of Telangana plans to establish the country’s ostensibly first blockchain district, local newspaper The Hindu Business Line reported on May 27. The planned district will reportedly aim to establish an ecosystem for […]
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The Australian Securities and Investments Commission issued a warning against OneCoin, alleging it could be involved in a scam. The Australian Securities and Investments Commission (ASIC) has warned the public that crypto project OneCoin “could be involved in a scam,” according to a notice released on May 28. The Australian financial regulator has issued an […]
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