Amid a major economic downgrade, countries in Latin America suffer increasingly from money laundering through crypto, a new report says. Amid a major economic downturn, countries in Latin America (LATAM) are increasingly suffering from money laundering through cryptocurrencies, a new report says. Cryptocurrencies like Bitcoin (BTC) have become a major tool of organized crime groups […]
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Blockchain firm AVA Labs acquired private investment platform Investery to further expand its operations. Blockchain firm AVA Labs acquired private investment platform Investery to further expand its operations. AVA Labs told Cointelegraph on Feb. 27 that the acquisition will enhance its financial offering by enabling access to private asset platforms and the issuance of private […]
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Blockchain integration into the banking industry will raise the quality of banking services and improve the customer experience. Your bank, no matter how neo or how challenger, can’t bank Bitcoin (BTC). They could bank blockchain companies, adding value and providing services for the space, which would be good for both the bank and the clients, […]
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Multi platinum-selling artist Akon will launch his Akoin cryptocurrency on the Stellar network. Multi platinum-selling recording artist Akon has chosen to build his Akoin cryptocurrency ecosystem on top of the Stellar blockchain. Akoin co-founder and president Jon Karas said they chose to launch the project on Stellar due to sharing similar values. “Akoin selected Stellar’s […]
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After losing its 200-day moving average support, BTC/USD remains near its forecast pre-halving average despite a traditional market meltdown. Bitcoin (BTC) price fell to its lowest levels in a month on Feb. 28 after another day’s losses underscored continued selling pressure on markets. Cryptocurrency market daily overview. Source: Coin360 BTC price clings to $8.6K Data […]
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13,000 South Korean ATMs will soon facilitate fiat withdrawal and international remittance services using Litecoin. On Feb. 28, the Litecoin Foundation announced a partnership with MeconCash to roll-out Litecoin (LTC) to Korean won withdrawals and remittances from 13,000 ATMs in South Korea. The partnership will see LTC integrated onto MeconCash’s M.Pay payments platform. Litecoin will […]
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With the e-Hryvnia pilot testing successfully over, the Ukrainian government is making a concerted effort to engage in the crypto-adoption race. At a press conference held on Feb. 21, a representative for the National Bank of Ukraine released the results of its much-hyped central bank digital currency project called the e-Hryvnia. However, the banking institution […]
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Denial of service attacks are hitting both Bitfinex and OKEx, crippling the exchanges for short periods of time as Bitfinex CTO calls the attacks highly sophisticated. Cryptocurrency exchanges OKEx and Bitfinex are suffering multiple denial of service attacks. It is unclear as of now if the attacks are connected, though OKEx CEO blamed competitors on […]
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Flagship global airline KLM Royal Dutch Airlines is using blockchain to facilitate intercompany settlements process with its subsidiaries. As blockchain technology increasingly gains traction in the airline industry, another major international air company has announced a blockchain project. Flagship global airline KLM Royal Dutch Airlines is applying blockchain technology to facilitate intercompany settlements process with […]
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Traders are overwhelmingly betting on a dramatic short-term rate cut this year, which could beat Bitcoin’s sub-2% inflation rate. The United States Federal Reserve will cut its interest rate target to compete with Bitcoin (BTC) post-halving, traders believe. As Reuters reported on Feb. 28, Wall Street traders already consider the likelihood of the Fed cutting […]
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