Interest in сrypto funds is on the rise — what are the hurdles to adoption? Cryptocurrencies are upending the worlds of banking, retail and payments in countless ways, but there has been one area where this burgeoning industry has somewhat fallen behind: investments. While it can be easy to build portfolios that focus on stocks […]
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Global banking giant HSBC becomes the first bank to finance a transaction on European blockchain trade platform we.trade. Multinational banking giant HSBC has reportedly become the first bank to complete financing transaction on European blockchain trade platform we.trade. Since we.trade started the project back in 2017, HSBC recently financed a transaction on the platform within […]
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Blockchain-based internet browser startup Brave expanded its crypto tipping option by integrating it into Reddit and Vimeo. Blockchain-based internet browser Brave has continued expanding its crypto tipping option by integrating it into Reddit and Vimeo. Reddit and Vimeo follow Twitter Announced on Twitter on Aug. 21, a new version of Brave Browser enables users to […]
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Poloniex is making moves to cover its losses from the CLAM flash crash, but questions remain about the accountability of margin borrowers… When a financial system like the crypto market lacks liquidity, a crash becomes inevitable. This was the case at the margin trading marketplace hosted by U.S.-based crypto exchange Poloniex toward the end of […]
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A British judge has ordered the confiscation of $1.1 million worth of crypto from a hacker who used phishing attacks to obtain personal data and sell it on the dark web. A British judge has ordered the confiscation of $1.1 million worth of cryptocurrency from a hacker who used phishing attacks to steal personal data […]
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Facebook’s Libra remains hot on the agenda despite the fact that no new announcements have come; instead, the world continues to react to the stablecoin… Over the past few days, a number of Libra-related announcements have been made — only, they weren’t from Facebook, the Libra Association, Calibra wallet or any other party involved in […]
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Bitcoin is more efficient for paying taxes than bank cards, suggests co-founder of Toronto-based cryptocurrency exchange Coinberry, Evan Kuhn. Evan Kuhn, Toronto-based cryptocurrency exchange Coinberry’s co-founder, stated that accepting Bitcoin (BTC) for taxes is more efficient than using bank card payments. As real estate news outlet Mansion Global reported on Aug. 22, Kuhn claims that […]
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Nonprofit organization Kiva along with the government of Sierra Leone have launched a country-wide blockchain solution for credit history. San Francisco-based nonprofit Kiva, a company that crowdfunds loans for financial inclusion, has launched a blockchain platform for credit history with the government of Sierra Leone. According to a Reuters report on Aug. 21, Kiva and […]
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Binance launched its own stablecoin project, but faces stiff competition from Libra and the Chinese government in its quest… Within the past 12 months, stablecoins have transformed from a niche idea to tackle the issues of a volatile market into methods of payment championed by some of the world’s biggest and most powerful tech companies. […]
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The European Commission’s antitrust arm is investigating whether Libra will be an anticompetitive enterprise. Antitrust regulators at the European Commission, the executive branch of the European Union, have sent out a questionnaire to determine whether Facebook’s proposed stablecoin Libra is an anticompetitive project. Bloomberg learned of the news via a private document, per a report […]
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