A federal judge has sentenced a New Jersey resident to 86 months in prison, due to a fraudulent investment scheme involving the ATMCoin cryptocurrency. A scammer has been sentenced to 86 months in prison for running a cryptocurrency-related scheme, the United States Department of Justice (DoJ) reports on July 1 In addition to the 86-month […]
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Huobi Group partnered with Chinese blockchain startup Nervos to enable firms to deploy their own blockchains. Huobi Group is jointly developing a new public blockchain for decentralized financial (DeFi) services, according to a press release on July 1. Major global digital asset financial service provider Huobi has partnered with Chinese blockchain startup Nervos enabling companies […]
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A Coinbase crash interrupts Bitcoin’s parabolic run and a Singaporean exchange is the latest to fall victim to a hacking attack. Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more […]
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The deputy governor of the Bank of Uganda has warned the public about the limited protections offered them when they invest in unregulated cryptocurrencies. The deputy governor of the Bank of Uganda has warned the public about the limited protections offered them when they invest in unregulated cryptocurrencies. English-language Ugandan daily New Vision reports on […]
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A new survey by U.K-based crypto exchange CEX.io has revealed that 27% of surveyed U.K. citizens hope to see cryptocurrencies in “real-world applications.” 27% of surveyed United Kingdom citizens hope to see cryptocurrencies in “real-world applications,” according to recent research by U.K.-based crypto exchange CEX.io, technology news outlet BTCManager reported on June 27. CEX.io provided […]
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Oxfam issued tap-and-pay cards loaded with $50 worth of DAI to 200 Vanuatu citizens to use via Sempo’s payment platform, following six weeks of direct consultation with villagers. Throughout May 2019, United Kingdom-based nonprofit organization Oxfam International executed a month-long trial that saw MakerDAO’s DAI stablecoin distributed as a means of exchange among citizens of […]
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Cortex claims that this is the first time that artificial intelligence has been introduced to a crypto network at scale. Cortex has launched a network for decentralized apps powered by artificial intelligence (AI,) according to a news release published on June 26. The company claims this is the first time that AI has been introduced to a crypto […]
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Deutsche Bank lead strategist predicted that interest rate cut by the Fed will make cryptos more attractive as opposed to fiat. The potential interest rate cut by the United States central bank is apparently one of the reasons for the recent surge of bitcoin (BTC), Deutsche Bank exec Jim Reid said in an interview with […]
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SWIFT will enable blockchain-based platforms to use its global payments innovation platform. The Society for Worldwide Interbank Financial Telecommunications (SWIFT) will allow distributed ledger technology (DLT) firms to use its global payments innovation (GPI) platform, according to a recently published report. In the report, SWIFT revealed that it will soon allow GPI payments on DLT-base […]
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A Caucasian nation is on the path to digital transformation, and blockchain-powered identification system is one of its cornerstones. Azerbaijan has been a hotbed for a series of ambitious fintech-related announcements over the past several months, as the nation’s authorities were apparently moving to implement a series of innovative technological solutions in banking and e-government […]
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