South Korea and Singapore may have the best regulations around compliance with the Financial Action Task Force guidelines. CoolBitX Founder Michael Ou believes regulators in Asia are leading the way when it comes to compliance with the Financial Action Task Force (FATF) travel rule, which is due to be implemented in June. The startup has […]
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Overstock is seeking the dismissal of a lawsuit accusing the firm of market manipulation and issuing misleading information regarding tZERO. Online retailer and early Bitcoin adopter Overstock has filed for the dismissal of a lawsuit that accuses the company of misrepresenting the nature of its ‘digital dividend’ token. The dividend is a security token airdrop […]
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Surging trading volume and a push above a key resistance hint that Bitcoin price is back en route to $10,000. Bitcoin (BTC) price lit up today, rallying 5.78% to a daily high of $9,398 before pulling back to consolidate in the $9,300 range. The strong upside move pushed the top ranked digital asset on CoinMarketCap […]
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The hash rates of BCH of BSV have recovered, after crashing hard following their April halvings. Mining profitability for BSV, BCH, and BTC is now roughly the same. The Bitcoin Cash and Bitcoin SV hash rates have recovered following a dramatic fall after their halvings in April, as the Bitcoin hash rate declined since the […]
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The parabolic rise in Ether long positions has increased the risk of a violent crash, as uncertainty surrounding the launch of ETH 2.0 grows. With anticipation growing for Ethereum’s long-awaited ETH 2.0 revamp, Ether long positions have gone parabolic on Bitfinex since February. But with short positions also growing, and co-founder Vitalik Buterin withdrawing last […]
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German neobank Bitwala offers users interest rates up to 4.3% with its new Bitcoin Interest Account product. All 80,000 users of German neobank Bitwala can now purchase, hold and earn interest on Bitcoin (BTC) in their bank accounts thanks to a new partnership with cryptocurrency lending platform Celsius Network. According to defiprime.com, Bitwala is the […]
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A protocol funded by Web 3.0 Foundation aims to reduce crypto collateral by switching from a one-off relationship to a subscription model. A new blockchain protocol funded by Web 3.0 Foundation promises to reduce collateral requirements in DeFi and cross-chain applications. Interlay received a grant from the foundation to build a bridge between Polkadot and […]
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Officials from the People’s Bank of China push to accelerate adoption of the country’s Fintech Development Plan. The People’s Bank of China, or PBoC, Financial Technology Committee held its first meeting of the year this week. During the meeting, the central bank’s deputy governor, Fan Yifei, urged that the country’s blockchain adoption strategy be accelerated. […]
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New research claims that the enterprise blockchain market will continue to rise to $21.07 billion by 2025. A new study from Fortune Business Insights, a company offering market studies and consulting services, estimates the blockchain technology market will reach $21 Billion by 2025, according to GlobeNewswire’s report on May 12. It stated that: “The blockchain technology […]
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Raoul Pal, CEO & Founder at Real Vision, applies the economic cycle theory to predict major disruption of the global financial system will drive Bitcoin to new highs. Raoul Pal, CEO & Founder at Real Vision, applies the economic cycle theory to predict a major disruption of the global financial system. He believes this will […]
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