The US SEC is soliciting industry input as it potentially reconsiders existing custody rules for investment advisers regarding crypto. The United States Securities and Exchange Commission (SEC) is soliciting industry input as it potentially reconsiders existing custody rules in specific cases of digital asset trading and settlement. The SEC launched its information gathering initiative in […]
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Coinbase announced that support for Stellar Lumens (XLM) has been added to its services, including iOS and Android apps. United States-based cryptocurrency exchange and wallet service provider Coinbase has added support for Stellar Lumens, according to an announcement published on March 18. The update states that users can now store, buy, and send Stellar’s cryptocurrency, […]
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Québec’s financial markets regulator has asked investors in Blockchain Lab to come forward. Québec’s financial markets regulator has asked investors in the firm Laboratoire Blockchain to come forward, now that the firm and associated individuals face a sweep of injunctive orders over their alleged violations of securities laws. The appeal was made in an official […]
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Major South Korean cryptocurrency exchange Bithumb is reportedly slashing up to 50 percent of its workforce. Major South Korean cryptocurrency exchange Bithumb is reportedly cutting up to 50 percent of its workforce, a report from CoinDesk Korea stated on March 18. According to the report, an unnamed official has confirmed that the exchange will reduce […]
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The move follows several fee hikes aiming to improve the dollar peg of Maker’s Dai stablecoin. Decentralized Autonomous Organization (DAO) MakerDAO (Maker) has upped its demands to increase one of its network fees, this time to 7.5 percent, the company confirmed in a blog post on March 18. Maker, which issues USD-pegged stablecoin Dai (DAI), […]
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Jeremy Allaire has said that stablecoins using open standards will prevail as the sector continues to see new market entrants. Jeremy Allaire, co-founder and CEO of payments company Circle, has said that as the sector continues to see new market entrants, stablecoins using an open standards approach will prevail. Allaire made his remarks during an […]
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The new product comes as Bitmain continues to fight a market slowdown which has resulted in cost-cutting moves. Cryptocurrency mining giant Bitmain has released a new version of its Antminer Z series machines for Equihash algorithm coins, the company confirmed in a blog post on March 19. The Antminer Z11, which comes around ten months […]
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Craig Wright has reportedly filed over 100 blockchain-related patents since 2017, in addition to some pertaining to smart contracts and digital assets. Craig Wright, an Australian computer scientist who has sometimes claimed to be Bitcoin (BTC) creator Satoshi Nakamoto, has reportedly applied for a slew of blockchain-related patents since 2017. Tech news site The Next […]
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The Cabinet of Japan has reportedly approved new regulations in regard to cryptocurrency margin trading. Japanese financial regulators have reportedly introduced new regulations for cryptocurrency margin trading, local news agency Nikkei reported on March 18. The Cabinet of Japan, the executive branch of the country’s government, has reportedly approved draft amendments to Japan’s financial instruments […]
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The crypto elite are hiring bodyguards, but that may change once the industry becomes more legitimate. Security is paramount in crypto. “Keep your hardware wallets safe,” we’re told. “Keep your private keys safe.” “Keep your seed words safe.” “Keep your computer safe.” This list could go on almost indefinitely, and while you might be forgiven […]
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