American entrepreneur and staunch crypto advocate, John McAfee, has argued for the importance of stablecoins for decentralized exchange adoption. American entrepreneur and staunch crypto advocate, John McAfee, has argued for the importance of stablecoins for decentralized exchange (DEX) adoption. McAfee made his argument in a tweet posted on Oct. 20. Stablecoins as an interim solution […]
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Fed’s balance sheet expands to $3.97 trillion in weeks as ex-Bank of England governor predicts a looming financial crisis. Bitcoin (BTC) proponents are voicing fresh alarm after the United States Federal Reserve printed more than its entire market cap in new money this month. Fed balance sheet approaches $4T As noted by cryptocurrency social media […]
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Finance Minister Nirmala Sitharaman has said that India — like many others, in his view — is showing a high degree of caution in regard to Facebook’s Libra. Finance Minister Nirmala Sitharaman has said that India — like many others, in his view — is showing a high degree of caution in regard to Facebook’s […]
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A deluge of interest in Bitcoin from big finance may not be the catalyst for adoption in the long term, warns Meltdem Demirors. Bitcoin (BTC) may not benefit from an influx of institutional traders, a senior executive at one of the industry’s best-known businesses warned. Wall Street and Unexchanged Bitcoins Speaking in an interview on […]
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Chinese cryptocurrency hardware manufacturer Bitmain has opened what it claims is the “world’s largest” facility for Bitcoin mining, in Rockdale, Texas. Chinese cryptocurrency hardware manufacturer Bitmain has opened what it claims is the “world’s largest” facility for Bitcoin (BTC) mining, in Rockdale, Texas. In a press release published on Oct. 21, Bitmain revealed the project […]
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Members of the Zcash community discover a suspicious and potentially malicious counterfeit version of Zcash Foundation’s native ZecWallet. Members of the Zcash (ZEC) community have discovered a suspicious and potentially malicious counterfeit version of Zcash Foundation’s native ZecWallet. According to a Twitter post published on Oct. 20 and retweeted by Zcash developer Electric Coin Company, […]
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Cointelegraph Japan presents a weekly digest of selected cryptocurrency- and blockchain-related news. The cryptocurrency- and blockchain-friendly country of Japan has seen a number of significant developments for the industries this past week. A self-regulatory organization has introduced guidance for cryptocurrency custodians, while a subsidiary of major financial services firm SBI Holdings will conduct compliance policies […]
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Cryptocurrency markets are turning green, with Bitcoin showing signs of recovery above the $8,200 price mark. Sunday, Oct. 20 — Crypto markets are slowly turning green, with Bitcoin (BTC) showing signs of recovery as it finds its way back above the $8,200 price mark. Cryptocurrency market daily overview. Source: Coin360 Bitcoin has been trading below the […]
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A new partnership for cross-border payments and remittances will use the National Bank of Cambodia’s blockchain-based payment system. Malayan Banking Bhd (Maybank) has signed a memorandum of understanding (MoU) with the National Bank of Cambodia (NBC) on cross-border payments and remittances. On Oct. 16, Malaysian business news outlet The Edge Markets reported that the largest […]
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David Marcus of the Libra Association reportedly said that the project would be open to using government currency-pegged stablecoins. Facebook is reportedly open to the idea of using national currency-pegged stablecoins for its forthcoming Libra project. According to Reuters on Oct. 20, David Marcus, the head of the Libra project for Facebook and CEO of […]
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