The New York Attorney General’s office has alleged that Bitfinex lost $850 million and used Tether funds to hide the loss. The New York Attorney General’s office has alleged that crypto exchange Bitfinex lost $850 million and subsequently used funds from affiliated stablecoin operator Tether to secretly cover the shortfall, according to an announcement published […]
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A draft bill that would outright ban cryptocurrency is reportedly circulating among various departments of the Indian government. A draft bill that would outright ban cryptocurrency is reportedly circulating among various departments of the Indian government, local media outlet The Economic Times reported on April 25. An official familiar with the matter reportedly told the […]
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All but four top 20 coins by market cap are in the green after yesterday’s decline as crypto markets were steadily recovering on the day. Thursday, April 25 — crypto markets have mostly recovered after yesterday’s significant sell-off, with Bitcoin (BTC) breaking back above the $5,500 support. All but four coins among the top 20 […]
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Maltese financial regulator has issued a note to the public regarding the risks of crypto assets and the possibility for scams. Malta’s financial regulator has issued a note to the public regarding the risks of crypto assets and the possibility for scams, news outlet Times of Malta reported on April 25. The Malta Financial Services […]
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In China, 40 cases chose to settle outside of court, purportedly because of compelling evidence that could be shown with the use of blockchain technology. In China, blockchain technology is increasingly employed to settle court cases, local news outlet Global Times reported on April 25. Speaking at the 2019 Forum on China Intellectual Property Protection, […]
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Now-defunct Japanese cryptocurrency exchange Mt. Gox’s trustee has extended the deadline for submission of the rehabilitation plan. The trustee of now-defunct Japanese cryptocurrency exchange Mt. Gox has extended the deadline for submission of rehabilitation plans, according to an official announcement published on the company’s website on April 25. Per the announcement, the exchange’s Rehabilitation Trustee […]
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American global tech giant IBM signed a new agreement with Chinese PC maker Lenovo to apply blockchain in Lenovo’s customer service departments. American global tech giant IBM signed a new agreement with Chinese PC maker Lenovo to apply blockchain in Lenovo’s customer service, according to a press release on April 25. IBM, а top global […]
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Hong Kong-based algorithmic crypto trading firm GSR launched cryptocurrency variance swaps, a product for hedging against volatility. Hong Kong-based algorithmic crypto trading firm GSR launched cryptocurrency variance swaps, a product for hedging against volatility. The company announced the development in a press release published on April 24. Per the announcement, the variance swaps will allow […]
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United Kingdom-based cryptocurrency payment processor Wirex partnered with Stellar and will launch 26 stablecoin on its chain. United Kingdom-based cryptocurrency payment processor Wirex partnered with Stellar (XLM), the company announced in a press release on their website on April 24. Wirex is a company licensed by the U.K. Financial Conduct Authority (FCA) that allows crypto […]
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The crypto lender says bitcoin has continued to represent the lion’s share of its loan portfolio, but demand for ethereum has halved. Cryptocurrency lender Genesis processed $425 million in loans over the first quarter of 2019, according to a report released on April 25. The company’s Q1 Digital Asset Lending Snapshot revealed bitcoin (BTC) continues […]
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