New research reveals the scope of crypto pump-and-dump schemes. The Social Science Research Network (SSRN) recently published research studying the phenomenon of pump-and-dump groups within the crypto community. The paper — conducted by seven academics from Tel Aviv University, the University of Tulsa and the University of Mexico — concluded that “regulators should be very […]
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Joseph Lubin, Ethereum’s co-founder, has declared we have reached “the cryptobottom of 2018” in a recent tweet. Joseph Lubin, co-founder of major cryptocurrency Ethereum (ETH), declared that he is “calling the cryptobottom of 2018” in a tweet Dec. 21. According to Lubin, the crypto market’s bottom “is marked by an epic amount of fear, uncertainty, […]
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A team that includes representatives from the central bank of Israel has published a formal request for information on Distributed Ledger Technology. A team that includes representatives from the Bank of Israel has issued a formal request for information about Distributed Ledger Technology (DLT), published on its website Dec. 18. The request — the goal […]
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The United States government could regulate crypto assets and tokens differently than stocks and traditional assets. The United States government could regulate crypto assets and tokens differently than stocks and traditional assets by altering the existing regulatory framework on securities. On Dec. 22, CNBC reported that two congressmen — Warren Davidson and Darren Solo — […]
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The top 20 cryptocurrencies are mostly in the red, with Bitcoin dropping back under $3,900. Saturday, Dec. 22: most of the top 20 cryptocurrencies are seeing moderate losses, with Bitcoin (BTC) struggling to stay near $3,900. Market visualization from Coin360 At press time, Bitcoin is down almost 5 percent over the last 24 hours, trading […]
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Taiwan-based GPU producer Nvidia is the S&P 500’s worst performer in Q4 2018, as crypto mining sales have all but disappeared. The drastic decrease in crypto mining profitability has hit graphics processing unit (GPU) producers like Taiwan-based Nvidia hard. In Q4 2018, the firm experienced a massive sell-off of its shares, cutting the stock price […]
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Crypto exchange Bitfinex has introduced margin trading for stablecoin Tether, and plans to add support for other stablecoin pairings. Hong Kong-based cryptocurrency exchange Bitfinex has introduced margin trading for stablecoin Tether (USDT), according to a blog post published Dec. 21. Bitfinex has launched margin trading for the USDT/USD pair, which would purportedly lead to more […]
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U.S. lawmakers recently introduced a bill that would impose further sanctions on Iranian financial institutions and its national cryptocurrency. United States lawmakers have introduced a bill to levy further sanctions on Iranian financial institutions and the development and use of the national digital currency. HR 7321 was introduced in the House of Representatives by Rep. […]
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Telecoms giant Comcast will launch its blockchain platform Blockgraph in 2019 to improve the efficiency of TV marketing and advertising. American global telecommunications conglomerate Comcast aims to make its blockchain initiative Blockgraph commercially available in 2019, according to a press release published Dec. 21. “Comcast is currently working with NBCUniversal to test Blockgraph’s capabilities with […]
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Russia’s Ministry of Finance believes launching a single digital currency backed by the EAEU is inevitable due to U.S. sanctions. Russia’s Ministry of Finance (MinFin) believes that the creation of a Eurasian Economic Union (EAEU)-backed digital currency is inevitable due to the United States’ sanctions. Major Russian media agency Rambler reported MinFin’s comments on Friday, […]
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