Ripple markets appear buoyed this week as the asset gains 18 percent in 24 hours to briefly overtake Ethereum as top altcoin. Ripple (XRP) overtook Ethereum (ETH) to become the largest altcoin by market capitalization again today, Nov. 6, after gaining 18 percent in 24 hours. Data from CoinMarketCap confirms the latest switcharound of the […]
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Revenue Department of Thailand to use blockchain and machine learning to tackle tax avoidance and fraud. The Thai Revenue Department has revealed its plans to track tax payments using blockchain and maсhine learning, local news outlet Bangkok Post reported Nov. 5. Ekniti Nitithanprapas, the Revenue Department’s director-general, told reporters that blockchain will be used to […]
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Bitcoin ( mining behemoth Bitmain has officially released two new 7nm (nanometer) “Antminer” crypto mining machines, designed to mine with the SHA256 algorithm. Bitcoin (BTC) mining giant Bitmain has officially released two new 7nm (nanometer) “Antminer” crypto mining machines, according to an official tweet posted Nov. 5. Bitmain indicated in September that it would be […]
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Bitfury has released details of a major funding round with participation from various European and Asian investors. Bitcoin mining infrastructure provider Bitfury has raised $80 million in a closed funding round, the company revealed in a press release shared with Cointelegraph Nov. 6. The round, which comes weeks after rumors Bitfury was considering an IPO, […]
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Bitcoin futures trading on the U.S. Chicago Board Options Exchange (CBOE) hit record low volatility levels in October, in stark contrast to the rocky global equity markets. Bitcoin (BTC) futures trading on the U.S. Chicago Board Options Exchange (CBOE) hit record low volatility levels in October, in stark contrast to the rocky global equity markets, […]
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The Swiss financial watchdog FINMA has reportedly advised the country’s financial institutions to set crypto asset risk coverage at 800 percent of their value. The Swiss Financial Market Supervisory Authority FINMA has advised banks and other financial institutions to estimate risk coverage for cryptocurrencies at 800 percent of current market value, Cointelegraph auf Deutsch reports […]
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A group of senators has introduced a vote of no confidence in the administration of Marshall Islands president Heine due to plans of issuing a national digital currency. The President of the Republic of the Marshall Islands Hilda Heine faces a vote of no confidence due to her administration’s plans to introduce a national digital […]
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Audit and consulting firm Deloitte and Attest Inc. will develop a blockchain-based digital identity solution to assist its government clients. “Big Four” accounting firm Deloitte has partnered with identity management company Attest Inc. to develop a blockchain-based digital identity system, according to a press release published Nov. 5. Chicago-based Attest is an identity management company […]
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Scammers comprised several Twitter accounts today to masquerade as Tesla CEO Elon Musk and promote fraudulent Bitcoin scams. Several verified Twitter accounts have been hacked to impersonate Elon Musk today, Nov. 5, with one reportedly collecting almost $170,000. After compromising verified accounts, scammers changed the profile name and picture in order to pose as the […]
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A recent poll in two German federal states found that 55 percent of respondents are aware of crypto, while 28 percent of younger people find crypto investment “conceivable.” More than a quarter of younger Germans is ready to buy cryptocurrencies, according to a recent poll by the German Consumer Centers of Hesse and Saxony published […]
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