Mike Novogratz, CEO of crypto merchant bank Galaxy Digital, admitted that he might give up on Bitcoin if its price does not hit new highs in 2020. As cryptocurrency markets have been edging up over the past two weeks amid multiple sell-offs on the mainstream market, the crypto community has become even more bullish on […]
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Four Brazilian financial regulators are teaming up to aggregate data using blockchain technology to streamline the screening of politicians and corporations. Four of Brazil’s financial regulatory institutions are collaborating to build a streamlined blockchain-based data-sharing platform to perform background checks on political representatives and corporations. The platform, dubbed PIER, was developed by Brazil’s central bank […]
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Top crypto exchange Binance has hinted that it will soon be launching Bitcoin options trading. Top crypto exchange Binance has hinted that it plans to launch Bitcoin (BTC) options trading. Two tweets — via the exchange’s official handle and CEO Changpeng Zhao (“CZ”) — posted on April 3 revealed “testflight leaks” and a screenshot of […]
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Huobi is launching a charity initiative to support Indonesia’s fight against coronavirus. Huobi’s charity arm has announced an initiative to distribute aid to assist Indonesia’s fight against COVID-19. Huobi Charity will distribute aid in partnership with the Indonesia-China Association of Economic, Social and Cultural Cooperation (ICAESCC) to make monetary contributions, donate medical supplies, and leverage […]
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Chris Larsen, co-founder of Ripple, has made a full recovery from COVID-19, and called on other recovered patients to donate blood for antibody therapies. Ripple co-founder and executive chairman Chris Larsen has made a full recovery from COVID-19. In a tweet on April 2, he thanked those working on the frontline against the virus, and […]
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A Chinese financial regulator has warned domestic investors that off-shore cryptocurrency exchanges engage in manipulative practices. The National Internet Finance Association of China (NIFA) warned investors that cryptocurrency exchanges located outside of the country are engaged in manipulative practices on April 2. The People’s Bank of China (PBoC)-affiliated regulator cautioned investors that many off-shore exchanges […]
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Digital banking app Revolut has rolled out its crypto services for all standard users, saying it is widening access earlier than planned due to the global economic crisis. Digital banking app Revolut has rolled out its cryptocurrency services for all standard users, saying it is widening access earlier than planned due to the global economic […]
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Messari, a major blockchain and crypto research company, argues that there is a weak correlation between total tokens staked and price return. As cryptocurrency markets are highly volatile, crypto players can’t stop arguing about what really impacts the price of certain coins and what does not. Some crypto pundits believe a larger amount of tokens […]
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Blockchain is an amazing technology, but there are pros and cons to its mass adoption. Let’s have a look at both perspectives. Yes, that’s the question we are asking today. Is blockchain technology necessary? The answer is tricky. To arrive at the conclusion takes an unbiased perspective. Bankers and people in the stock market will […]
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The CBR’s first deputy governor has said that blockchain has found application in letters of credit and guarantees, but has not yet become a “universal solution.” The Central Bank of Russia’s (CBR) first deputy governor has said that blockchain technology is not the “universal solution,” many promised it would be five years ago. In an […]
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