The Advisory Council of the United Arab Emirates Banks Federation discussed applying blockchain in its member banks to improve KYC processes. The Advisory Council of the United Arab Emirates Banks Federation (UBF) discussed applying blockchain in its member banks, according to the Dubai-based English language newspaper Gulf News on Dec. 17. The Advisory Council of […]
Continue Reading
One year ago today, Bitcoin hit $20,000. As a sharp rally from current levels seems unlikely investors should have a long-term horizon and not expect overnight riches. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, […]
Continue Reading
German state-owned bank KfW will trial its blockchain-driven app in Burkina Faso, where it also funds water supply and sanitation programs. Germany’s major state-owned bank KfW and Burkina Faso’s Ministry of Finance will test a blockchain application for use in public financial management, according to a statement posted Monday, Dec. 17. KfQ, ranked in 2017 […]
Continue Reading
Italian securities watchdog CONSOB has halted two projects for allegedly offering fraudulent crypto investments. The Italian securities regulator, CONSOB, has suspended two projects for allegedly offering fraudulent crypto investment schemes. The 90-day suspensions were reported in an official statement on the CONSOB website published Monday, Dec 17. The Italian Companies and Exchange Commission, or Commissione […]
Continue Reading
Teen crypto star Erik Finman has said Bitcoin “may have a bull market or two left in it,” but that “long-term, its dead.” Teen crypto star Erik Finman has said Bitcoin (BTC) “may have a bull market or two left in it,” but that “long-term, it’s dead,” in an interview with financial news site MarketWatch […]
Continue Reading
A new report claims the majority of the top 25 BTC trading pairs listed on CoinMarketCap (CMC) are based upon “grossly” inflated false volumes. A new report from data researchers at the Blockchain Transparency Institute (BTI) claims that the majority of the top 25 Bitcoin (BTC) trading pairs listed on CoinMarketCap (CMC) are based upon […]
Continue Reading
ICOs have been transacting Ethereum (ETH) at breakneck speed, with over 400,000 ETH moving out of wallets in the past 30 days. Initial coin offerings (ICO) have been transacting Ethereum (ETH) at breakneck speed, with over 400,000 ETH moving out of wallets in the past 30 days alone, according to data from crypto assets data […]
Continue Reading
The number of unique ETH addresses has broken 50 million, but active wallets now number around 330,000. The number of unique Ethereum (ETH) wallet addresses has broken 50 million on Saturday, Dec. 15, according to data from the ETH BlockExplorer Etherscan. Number of unique Ethereum addresses on Dec. 15, 2018. Source: Etherscan.io On Saturday, the […]
Continue Reading
A sub-governor from the central bank of Egypt has said the entity is looking into issuing a blockchain-based digital currency. The central bank of Egypt wants to introduce a digital version of the Egyptian pound to reduce costs, local English language news outlet Amwal Al Ghad reported Dec. 16. Ayman Hussein, sub-governor of the Central […]
Continue Reading
Hong Kong’s stricter rules for crypto businesses that force them to get licenses for trading might be harmful for the industry, local experts say. New regulations for crypto-related companies, which Hong Kong’s Securities and Futures Commission (SFC) earlier announced, might prevent crypto entrepreneurs from entering the market. Expert comments on the situation were reported by […]
Continue Reading