The new platform will facilitate payments in up to 10 seconds using QR codes or identification data alongside computers, ATMs, or mobile phones. The Central Bank of Brazil (BCB) has announced a plan to launch a new near-instant payment system during November. The platform, called the Brazilian Instant Payment Scheme (PIX), will facilitate peer-to-peer and […]
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The Dutch Fiscal Intelligence and Investigation Service arrested two men for allegedly laundering money with cryptocurrencies. The Dutch Fiscal Intelligence and Investigation Service (FIOD) has arrested two men for allegedly laundering money with cryptocurrencies. According to a statement released by the International Revenue Service on Feb. 18, the two men were arrested on Feb. 17 […]
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A “head and shoulders” formation for XRP could spell significant losses, the veteran trader warns, as Bitcoin stays lower after its own 8% fall. XRP traders may be in for further losses as one trader warned that a bearish price feature was yet to complete its impact on the market. In a tweet on Feb. […]
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A lawyer for the WikiLeaks founder claims a Republican congressman dangled a pardon for denying Russian involvement in the DNC leak. A lawyer for Julian Assange spoke in court on Wednesday, claiming a former Republican congressman offered the WikiLeaks founder a presidential pardon. This clemency was to be in exchange for denying Russian involvement in […]
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The financial group increased its offer to creditors’ claims on the defunct crypto exchange from 70% to 88%. Fortress Investment Group has increased its offer to purchase claims from creditors who lost money in the infamous $480 million Mt. Gox hack. The group, which aims to profit by eventually recovering the Bitcoin (BTC), upped its […]
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Israeli banks should not deny services to firms involved with cryptocurrencies, according to Israel’s attorney general Avichai Mandelblit. Israeli banks should not deny services to firms involved with cryptocurrencies, according to Israel’s attorney general Avichai Mandelblit. Instead of halting financial services for all crypto firms, banks should closely examine each case for indicators of money […]
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Bitcoin led an aggressive flash crash that saw most leading crypto assets plunge by at least 5% in under one hour. Bitcoin (BTC) took an unexpected dive today, plunging $600 in a matter of minutes. The plunge saw 15 of the 20 largest crypto assets by market cap down 5% or more on this time […]
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The blockchain industry has the potential to help the world in stopping the climate changes and global warming. Every week sears a new image of climate change into our collective consciousness. A few decades ago, we heard about ozone holes and ice melting at slightly higher rates than anticipated. Today, the reminders of climate change […]
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New Bitcoin mining outfit Layer1 aims to repatriate 30% bitcoin hash rate back to the USA. Bitcoin mining startup Layer1 Technologies has begun operations at its West Texas facility, with an ambitious roadmap to secure 30% of the hash rate. Layer1, which raised $50 million in November from Thiel, Shasta Ventures and Digital Currency Group, […]
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Ethereum bulls are still pushing for $300 but the possible formation of an M-Top threatens to thwart the current uptrend. The recent Bitcoin (BTC) price correction inflicted double-digit losses on many altcoins and while Ether (ETH) also took a knock, it recovered quickly compared to the price action of other top-ten altcoins. Since dropping 17.67% […]
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