Amsterdam-based bank and financial services firm ING is reportedly developing cryptocurrency custody technology. Amsterdam-based bank ING is reportedly developing cryptocurrency custody technology, Reuters reported on Dec. 12. The digital assets custody service being developed by ING is purportedly part of one of the bank’s several blockchain-related initiatives and is still at an early stage of […]
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A company that creates 3D images for online retailers won the Elev8CON 2019 startup showcase, demonstrating how blockchain and augmented reality can disrupt e-commerce. Eight companies gathered on stage at Elev8CON in Las Vegas on Dec. 10 to demonstrate how they are applying blockchain technology to solve real-world problems and improve financial industries. The startup […]
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Binance launches Latamex, a fiat-crypto platform for Latin American countries that will operate under the Binance Fiat Gateway. Binance, the leading global cryptocurrency exchange by trading volume and users, today announced the launch of its fiat gateway for Latin America. The announcement was made during laBitConf, a major crypto event for Latin America held in […]
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Switzerland-based cryptocurrency bank SEBA has rolled out its services to clients in nine new countries. Switzerland-based cryptocurrency bank SEBA has expanded its services to nine new countries. According to Finance Magnates on Dec. 12, SEBA revealed that accounts are now fully operational for institutional clients and accredited investors in Singapore, Hong Kong, the United Kingdom, […]
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A return to challenge resistance at $7,500 or higher appears increasingly unlikely as plans shift for a fresh visit to the $6K range for Bitcoin. Bitcoin (BTC) continued its broad downtrend towards $7,000 support on Dec. 12, failing to break out of a behavioral pattern that has left traders uninspired. Cryptocurrency market daily overview. Source: […]
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A seed investor in BitMEX claims he is owed at least $50 million as per the terms of his cash injection, but also seeks damages worth $250 million. A former JPMorgan derivatives trader is suing one of the world’s biggest cryptocurrency exchanges for $300 million after it allegedly failed to deliver his equity. According to […]
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Central Asia following the sweeping global crypto and blockchain trend, with concrete adoption and utilization cases across the region. Cryptocurrency and blockchain technology continues to be a global phenomenon, with adoption and utilization cases emerging in almost every corner of the globe. Digital technology has become so popular that it is now a major talking […]
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Shopin Founder and CEO Eran Eyal allegedly spent $500,000 of investor funds on personal expenses. The United States Securities and Exchange Commission (SEC) has charged Eran Eyal, the founder Shopin, with orchestrating a fraudulent initial coin offering (ICO). In a press release on Dec. 11, the SEC alleged that the businessman and his company defrauded hundreds […]
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Berlin-based fintech company solarisBank has established a subsidiary, solaris Digital Assets GmbH, to provide a custody solution for digital assets. Berlin-based fintech company solarisBank has established a subsidiary to provide a custody solution for digital assets. Per a Dec. 11 announcement, solarisBank’s newly established subsidiary, solaris Digital Assets GmbH, will provide clients with an application […]
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Bitcoin price continues to yield to bears and could collapse to $6.5K or below if $7,080 and $6,800 fail to hold as support. For the past few days, Bitcoin price (BTC) has ranged between $7,400 to $7,100 and it seems bears are keen to push the price back below $7,000 before this week closes. Earlier […]
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