According to Bloomberg, investors turn to staking for gains in the crypto bear market, but there are risks. Volatility coupled with one of the longest bear markets ever experienced by the cryptocurrency industry have compelled many investors to consider staking as a method of “playing it safe,” according to a Bloomberg article. Staking, which is […]
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Japan’s central bank examines central bank digital currencies in a new report, laying out their benefits and drawbacks. Japan’s central bank has examined the role of central bank digital currencies (CBDCs) in the current monetary system in a report released on Feb. 19. In the document, the bank describes the possible ways to implement a […]
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Coinbase has acquired a London-based blockchain intelligence startup to prevent theft of funds and investigate attacks. United States cryptocurrency exchange and wallet Coinbase has acquired blockchain intelligence startup Neutrino, according to a post published in the company’s blog on Tuesday, Feb. 19. Coinbase reveals that the company will continue to operate as a standalone business […]
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Crypto markets have continued gaining momentum, with all top 20 coins in green and Bitcoin testing $4,000. Tuesday, Feb. 19: crypto markets have continued gaining momentum, with all of the top 20 coins by market cap seeing green and Bitcoin (BTC) testing $4,000 again, according to CoinMarketCap. Market visualization from Coin360 Following a slight decline […]
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The government of Seoul plans to spend $1 billion to support blockchain and fintech startups via an investment fund. The Seoul Metropolitan Government has announced plans to invest more than $1 billion in blockchain and fintech startups by 2022, according to the official announcement published on Feb. 18. According to the release, the South Korean […]
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Banco Bilbao Vizcaya Argentaria has announced the use of blockchain technology for the bank’s first such issuance of a green bond. Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has announced the launch of the first blockchain-backed platform for structured green bonds. The news was announced in a press release published on Feb. 19. […]
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sponsored A company is offering cash loans of up to $30,000 with crypto as collateral — all without borrowers needing to sell their digital assets. A financial company is giving crypto holders the opportunity to take out cash loans while using their digital assets as collateral. YouHodler — whose name is inspired by the term […]
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The government has formally opened a cyber security lab and strengthened police powers to investigate possible crypto-based crime. Cryptocurrency crime forms one focus of a dedicated cybercrime lab launched by Indian authorities this week, Indian daily news outlet The Hindu reported on Feb. 19. As part of efforts to step up the fight against internet-based […]
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The FBI has outlined what it believes to be the consistent threads running through fraudulent initial coin offerings. The United States Federal Bureau of Investigation (FBI) has outlined what it believes to be the consistent threads running through fraudulent initial coin offering (ICO) schemes. The Bureau’s perspective was shared in an interview with Netherlands-based financial […]
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An earnings report for 2018 is alleged to show the company suffered considerably in Q3 versus H1. Bitcoin (BTC) mining giant Bitmain could have made losses of around $500 million in Q3 last year, industry magazine CoinDesk reported on Feb. 19, citing a company document. Bitmain, which is currently attempting to launch an initial public […]
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