Bitcoin may ultimately benefit from the U.S. Federal Reserve’s actions, says Tyler Winklevoss. U.S. government spending may lead to upward Bitcoin (BTC) prices, according to Gemini crypto exchange co-founder and CEO, Tyler Winklevoss. “The Fed continues to set the stage for bitcoin’s next bull run,” Winklevoss said in a July 22 tweet, which included an […]
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Investors tell us that something has gone wrong within a once-hot crypto company. A number of people who invested in a cryptocurrency company are claiming that the company is scamming its users. The fund in question is called AMFEIX, which promised high-yield monthly returns to its users and supposedly raised more than $60 million in […]
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Cryptocurrency businesses are facing increasing challenges as new regulations are introduced globally, which is changing the face of the industry and forcing companies to search for effective solutions. Anti-Money Laundering and Combatting the Financing of Terrorism regulations demand that financial companies follow strict guidelines in order to curb and track illicit activity. Staying in compliance […]
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Many altcoins could pick up momentum If Bitcoin and Ethereum break above key resistance levels in the coming days. Since March central banks have been printing money aggressively in order to combat the economic downturn brought about by the coronavirus pandemic. Philip Lowe, the governor of the Australian Reserve Bank, has warned against the consequences […]
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The survey revealed that 65% of eMusic customers would use cryptocurrency to allow artists to receive a larger music revenue split. A survey conducted by pioneering digital music store eMusic revealed that most of their service’s users were open to paying with crypto if it allowed artists to earn more. The survey — shared exclusively […]
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The blockchain and smart contracts you interact with may be decentralized, but the cloud services often used to access them aren’t. Dfinity’s Internet Computer is stepping up to set that straight. Proponents of blockchain technology herald decentralization as a key facet of its revolutionary nature. But the majority of users are still accessing decentralized exchanges, […]
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“Romantic Hacker” will feature a K-pop star whose story is based on the hack of a fictitious crypto exchange. A K-drama series titled “Romantic Hacker” is set to air online in October across South Korea. It focuses on crypto and blockchain-related topics and is linked to a romance story. The show is slated to film […]
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A new project building on Polkadot received an investment of $600,000 to build liquid staking, a way of unlocking liquidity devoted to proof-of-stake. An upcoming decentralized finance project built on Polkadot (DOT) is looking to unlock liquidity that would be tied up in staking as part of its consensus mechanism. Called Stafi, short for Staking […]
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The office of the U.S. Treasury that handles banks has issued a determination on the long-debated subject of custodying crypto assets Per a July 22 announcement shared with Cointelegraph, the Office of the Comptroller of the Currency (OCC) is granting permission to federally chartered banks to custody cryptocurrency. The future of banking with crypto on […]
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Binance CEO CZ says that having their own bank would unlock one more channel for interacting with global regulators. Binance, the world’s largest crypto exchange, is considering purchasing or setting up its own bank. The company’s CEO Changpeng Zhao, or CZ, revealed the news during an AMA session hosted by Binance-owned CoinMarketCap on July 22. […]
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