A closer look at what appears to be one of 2019’s greatest crypto scandals yet. In what seems to be one of the greatest crypto scandals 2019 has seen so far, the United States Attorney General in New York accused Bitfinex of using Tether’s cash reserves to cover a rumored $850 million funding gap with […]
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Most of the top 20 cryptocurrencies are reporting slight to moderate gains on the day as bitcoin holds over the $5,300 mark again. Saturday, April 27 — most of the top 20 cryptocurrencies are reporting slight to moderate gains on the day to press time. Bitcoin (BTC) has pushed just over the $5,300 mark. Bitcoin […]
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An analysis of the bitcoin price movements from a leading Italian economist. Marcello Minenna is the director of the quantitative analysis and financial innovation unit in Consob (Italian Companies and Exchange Commission), —Italian government’s authority responsible for regulating the Italian securities market — as well as an adjunct professor of stochastic finance at the London […]
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Bitfinex claims that the recent allegations made about the exchange’s insolvency by the New York Attorney General are “filled with inaccuracies and false assertions.” Cryptocurrency exchange Bitfinex stated that the recent allegations by the New York Attorney General (NYAG) about the exchange’s insolvency are “filled with inaccuracies and false assertions.” The exchange made the claim […]
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South Korean electronics giant Samsung might become the next multinational conglomerate to issue its own cryptocurrency token. Samsung is another big-name company to consider issuing its own cryptocurrency. Similar stories have already emanated from the likes of Facebook and JPMorgan Chase, with analysts speculating on various use cases for these cryptocurrency tokens. While not yet […]
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Two shareholders of major cryptocurrency exchange Bitfinex said that they are not distressed by the allegations made about the exchange’s insolvency. Two shareholders of major cryptocurrency exchange Bitfinex said that they are not distressed by the allegations made about the exchange’s insolvency by the New York Attorney General. The news was reported by cryptocurrency news […]
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Illicit “cryptomining against consumers is essentially extinct,” declares a report released by cybersecurity company MalwareBytes. Illicit crypto mining — or cryptojacking — against consumers “is essentially extinct,” declares a report released by cybersecurity company MalwareBytes on April 23. Per the report, after in-browser mining service CoinHive shut down in early March — when the team […]
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E*Trade is reportedly ramping up to offer cryptocurrency trading services on its online trading platform. Online trading firm E*Trade Financial Group is preparing to offer cryptocurrency trading on its platform, sources familiar with the matter told Bloomberg on April 26. E*Trade will reportedly begin by offering bitcoin (BTC) and ether (ETH) after which it will […]
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The Chinese government is purportedly supporting the construction of a “blockchain city” in the Malaysian Malacca Strait. The Chinese government is purportedly supporting the construction of a “blockchain city” in the critical shipping lane of the Malaysian Malacca Strait. The development was announced in a press release shared with Cointelegraph on April 26. Construction and […]
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The Ministry of Finance in Austria is considering the establishment of a regulatory sandbox for the fintech industry. The Ministry of Finance in Austria is considering establishing a regulatory sandbox for the fintech industry, Cointelegraph auf Deutsch reports on April 26. The country’s Finance Minister Hartwig Loeger said that the FinTech Advisory Council — which […]
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