Former richest man in Brazil has been arrested on suspicion of money laundering through Bitcoin trading in his wife’s name. Wealthy businessman Eike Batista has been arrested by federal police on account of suspected money laundering, which they believe he achieved by trading Bitcoin (BTC) on his wife’s behalf. The details of Batista’s arrest were […]
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The crypto market is mostly in the red, although losses appear to be relatively minimal. Thursday, Aug. 8 — Top cryptocurrencies Bitcoin (BTC), Ether (ETH) and XRP are all seeing minor losses at press time. Market visualization. Source: Coin360 Bitcoin is trading a little over $11,700 with a 0.2% loss on the day. The top […]
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Digital assets trading platform BitMart announces investment of millions from Chinese blockchain-focused venture capital firm Fenbushi Capital. Digital assets trading platform BitMart has reportedly secured “millions of investment” from Chinese blockchain-focused venture capital firm Fenbushi Capital. BitMart announced the news on Aug. 7. To bring transparency to the global economy With the investment, BitMart has […]
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U.S. Federal Reserve wants to release a real-time payments and settlements service in order to boost the country’s infrastructure. Experts ask: Why not use crypto? At the start of August, the United States Federal Reserve Board announced its plan to release a real-time payments and settlements service in order to boost the payments infrastructure in […]
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Coinbase Custody Trust Company has appointed Richard Neiman and Robert Easton to its Board of Directors, who previously held various leadership positions in the New York State financial regulatory system. Coinbase Custody Trust Company has appointed two new members, previously of the New York State Banking Department and the New York Department of Financial Services, […]
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At least 4,836 BTC stolen from Binance in May 2019 was laundered through crypto tumbler Chipmixer. At least 4,836 Bitcoin (BTC) of stolen from Binance exchange in May 2019 was laundered through crypto mixing service Chipmixer. Attackers started laundering the stolen funds in a month after the hack Following a major Binance’s security breach that […]
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The Winklevoss twins’ Gemini platform is being added as a constituent exchange for the Chicago Mercantile Exchange’s cryptocurrency reference rates. The Winklevoss twins’ Gemini platform is being added as a constituent exchange for the Chicago Mercantile Exchange (CME Group)’s cryptocurrency reference rates. As revealed in an official tweet from CME Group on Aug. 8, Gemini […]
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A subsidiary of U.S.-based stock and crypto trading app Robinhood received FCA approval to operate as a broker in the U.K. A subsidiary of United States-based stock and crypto trading app Robinhood has been approved to operate as a broker in the United Kingdom. Robinhood approved to operate as a broker in the UK Robinhood […]
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Global monetary easing will continue pushing Bitcoin price higher, analysts say. China’s recent currency devaluation seems in line with similar policies taking place across the globe. Let’s take a look why Bitcoin price is rising as a result and why investors are increasingly considering taking shelter in Bitcoin — a neutral and borderless network for […]
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Multiple hints are converging to suggest that the trajectory of Bitcoin price in the short-term is up, not down. Bitcoin (BTC) price was heading back towards $12,000 Aug. 8 as the largest cryptocurrency remains a firm buy, even at higher price levels. Market visualization. Source: Coin360 Bitcoin price bulls forecast further growth Data from Coin360 […]
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