$515 million in Bitcoin has been spent on illegal activities in 2019, but this only accounts for 1% of total BTC transactions. Recent research by Chainanalysis suggests that the amount of bitcoin (BTC) spent on illegal transactions this year could hit a record high of $1 billion, even as the ratio of illegal to legal […]
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A shipping container is reportedly the first to enter the Netherlands having been tracked from South Korean entirely by blockchain. Samsung SDS, Dutch bank ABN AMRO and the Port of Rotterdam have jointly conducted a proof-of-concept (PoC) shipment from South Korea to the Netherlands in which they tracked a container exclusively using an interoperable blockchain […]
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A number of advocacy groups have signed a letter asking Congress to halt Libra development, or for Facebook to do so of its own volition, until July hearings are complete. Over 30 advocacy groups have appeared as signatories on a request that Congress and regulators implement an official moratorium on Libra development, as per the […]
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ZenGo reportedly shows that its keyless wallet solution can support Facebook’s announced virtual currency Libra via testnet demonstrations. The non-custodial crypto wallet solution ZenGo has created an open source project that purportedly provides proof-of-concept (PoC) for its ability to support social media giant Facebook’s virtual currency Libra, according to an official announcement by ZenGo on […]
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Financial services firm Jefferies’ recent survey indicates that American users will hardly use Facebook’s forthcoming stablecoin Libra due to a lack of trust. Financial services firm Jefferies’ recent survey indicates that American users will hardly use Facebook’s forthcoming stablecoin Libra due to a lack of trust, The Block reported on July 1 In the survey, […]
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The partially recognized Republic of Abkhazia is planning to build a large cryptocurrency mining farm, according to President Raul Khadjimba. The partially recognized Republic of Abkhazia is planning to build a large cryptocurrency mining farm, the President Raul Khadjimba claimed in an interview with news outlet RiaFAN, published on July 2. When asked if Abkhazia’s […]
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BAM Trading Services, the operator of Binance US, has appointed a former Ripple exec as CEO to oversee the launch of the platform. The operator of United States-based division of Binance crypto exchange has appointed former Ripple exec as its new CEO, the company officially announced on July 2. BAM Trading Services (BAM), the operator […]
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The Financial Conduct Authority is planning a ban on crypto derivative products for retail investors. British financial watchdog, the Financial Conduct Authority (FCA), is preparing a potential ban on the sale of crypto derivatives to retail investors, according to an official document released on July 1. In the document, titled “Restricting contract for difference products […]
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Most of the top 20 cryptocurrencies are reporting moderate losses on the day as Bitcoin hovers over the $10,600 mark again. Tuesday, July 2 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as Bitcoin (BTC) hovers over the $10,600 mark again. Market visualization courtesy of Coin360 […]
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Why IBM’s blockchain can’t be called a blockchain in the strict sense of the word. Stuart Popejoy has 15 years experience in building trading systems and exchange backbones for the financial industry. Prior to сo-founding Kadena in 2016 with Will Martino, Stuart worked at JPMorgan Chase in the new products division, where he led and […]
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