Robinhood, a company with crypto trading options, has raised $323 million in its latest funding round, putting it at a $7.6 billion valuation. Cryptocurrency-inclusive trading platform Robinhood has raised $323 million in a recent funding round. Robinhood shared the figure in an official announcement on July 22. As per the report, the investment firm DST […]
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BitMEX is reportedly in trouble. Does the CFTC’s investigation have a negative impact on the crypto market? Some analysts think it doesn’t. Seychelles-based cryptocurrency exchange BitMEX is reportedly in trouble. Soon after Nouriel Roubini, a New York University professor of economics and anti-cryptocurrency pundit, criticized BitMEX of violating regulations, it was reported on July 19 […]
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A survey from instant messaging application Viber shows that 49% of Americans and Brits would not trust Facebook’s Libra cryptocurrency. Almost half of Americans and Brits would not trust Facebook in regards to its long-awaited stablecoin Libra, technology and market-focused news platform Telecoms.com reported on July 22. Facebook’s trust issues could hurt Libra project Citing […]
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Germany’s central bank said that potential benefits of Facebook’s Libra should be made possible despite associated risks. Potential benefits of Facebook’s Libra should be made possible despite the existing regulatory uncertainty and associated risks, Germany’s central bank said. In a monthly bulletin called “Crypto tokens in payment transactions and in securities settlement” released on July […]
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The Iranian government’s Economic Commission has approved a mechanism of cryptocurrency mining in the country. The Iranian government’s Economic Commission has approved a mechanism of cryptocurrency mining in the country, according to an announcement by the Iran Chamber of Commerce, Industries, Mines and Agriculture on July 22. Iran’s Economic Commission approves crypto mining ‘mechanism’ Governor […]
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The Palestinian government plans to use cryptocurrency as an alternative to the Israeli shekel fiat currency, according to the country’s prime minister. Palestinian Prime Minister Mohammad Shtayyeh reiterated that his government is considering using cryptocurrency as an alternative to the Israeli shekel fiat currency, English-language local media Al-Monitor reports on July 22. Shtayyeh said at […]
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sponsored EOS-based project offers the players to put their achievements, leaderboards and in-game assets on the blockchain platform and trade them. A blockchain mobile gaming platform says it allows players to get the “true ownership” of their digital assets and enables “secure trading” with other users. Itam Games has created an ecosystem, which includes a […]
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A blanket ban on cryptocurrencies has been reportedly recommended by an Indian government panel. An Indian government panel recommended a ban on cryptocurrencies, Reuters reports on July 22. Is India finally about to ban cryptocurrencies? The panel recommended to the government today to ban cryptocurrencies and impose sanctions for any dealings involving crypto assets. Reuters […]
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Damian Collins, a senior official at the British Parliament and known Facebook critic, said that Libra will be open to massive fraud. Damian Collins, a senior official at the British Parliament and known critic of Facebook, wants to probe the firm’s crypto project Libra. Damian Collins says Libra is going to be open to massive […]
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SWIFT says it conducted a successful trial of instant cross-border transfers in Asia. The Society for Worldwide Interbank Financial Telecommunications (SWIFT) announced a successful trial of instant cross-border transfers in Asia in a press release published on July 18. Per the release, the trial performed instant payments between 17 banks located in Australia, China, Canada, […]
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