Announcement by U.S. OCC to fuel business opportunities for crypto exchanges, custodians and traditionals banks. The Office of the Comptroller of the Currency, a division of the United States Treasury that supervises banking in the country, on July 22, issued an interpretive letter clarifying that nationally chartered banks are allowed to provide cryptocurrency custody services […]
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The Ethereum network appears to be following the likes of Nvidia and other tech sector giants whose use case and growth strategy model evolved over time. In July 2016, a mere four years ago, Nvidia was a $26-billion company focused on GPU chips and graphic card production. In comparison, the long-standing sector leader was Intel […]
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Sports token-focused platform Socios prepares to issue a payments and loyalty card with a new license from Estonian Financial Intelligence Unit. Socios.com, a blockchain startup aiming to tokenize the sports industry, has secured a major regulatory license allowing it to issue its own payments and loyalty card. Issued by the Estonian Financial Intelligence Unit, or […]
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FinCEN issued a statement on cybercrime in light of COVID-19. U.S. government agency, the Financial Crimes Enforcement Network, or FinCEN, recently put out a notice mentioning the risks and symptoms of internet-related nefarious activities occurring since COVID-19 arose. “Many illicit actors are engaged in fraudulent schemes that exploit vulnerabilities created by the pandemic,” FinCEN said […]
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Zcash’s creator, the Electric Coin Company, confirmed that their recent educational program is a global effort with more events in the months ahead. The Electric Coin Company, or ECC, the company overseeing privacy coin Zcash (ZEC), recently unveiled a crypto and financial educational movement called the Crypto in Context program. “It is a global effort,” […]
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The ASIC has received numerous reports on fake crypto trading robots and other schemes used to scam Australians. The Australian Securities and Investments Commission, or ASIC, is asking people to remain cautious about celebrity-endorsed Bitcoin (BTC) scam sites. According to the commission’s public warning, the Australian watchdog has received a number of reports of fraudulent […]
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Ethereum celebrates its fifth anniversary but can’t seem to step out of Bitcoin’s shadow in the mainstream press. Ethereum’s perception in the media has been on a roller-coaster ride since its inception in 2015, but the blockchain and its native Ether (ETH) cryptocurrency are clearly still seen as being in second place behind Bitcoin (BTC). […]
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Crypto research and consulting Delphi Digital has launched a VC fund alongside an overhaul of its website. Digital asset research and consulting firm Delphi Digital has launched a venture capital fund focused on emerging crypto asset projects. A July 30 announcement describes the move as allowing Delphi “to become more active participants” in the projects […]
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The Elrond mainnet is launching today with a new DeFi app and staking opportunities. High performance blockchain project Elrond is launching its mainnet today, July 30, along with a new DeFi app, staking and a raft of new features. Its ERD token has been on fire this month in the lead-up to the long awaited […]
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While a 51% attack on Bitcoin will cost a billion dollars, Dash developers say an attacker needs more than money to attack the Dash network. Dash recently claimed it had been the world’s safest cryptocurrency for a year due to its innovative technology called ChainLocks that allegedly makes a 51% attack nearly impossible. Fully implemented […]
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