A New York resident has filed a lawsuit against crypto exchange Bittrex for allegedly withholding $120,000 worth of her assets. A New York resident has filed a lawsuit against crypto exchange Bittrex for allegedly withholding funds, industry news outlet The Block reports on June 30. Per the report, the plaintiff claims to have deposited $120,000 […]
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Facebook has removed ads for a bitcoin scam that claimed to have the approval of the crown prince of Abu Dhabi. Facebook has removed ads for a bitcoin (BTC) scam that masqueraded as posts by the crown prince of Abu Dhabi, UAE news site The National reports on June 30 According to the report, a […]
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A partner at Binance Labs expresses optimism about Facebook’s entry into crypto with Libra. Speaking to Cointelegraph at Blockchain Week Rome, Teck Chei, partner at Binance Labs, said that he sees Facebook’s Libra Project at a step forward for crypto and increasing public awareness. In Chei’s own words: “I think having a company like Facebook, […]
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Daily transactions registered on the Ethereum network crossed one million for the first time since May 2018. Daily transactions registered on the Ethereum (ETH) network exceeded one million yesterday, June 28, for the first time since May 2018, according to data reported by leading Ethereum block explorer Etherscan. Per Etherscan data, on June 28 there […]
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The insurance sector is riddled with inefficiencies — and distributed ledger technology is on a mission to fix them. The business of insurance is enormously complex: The process of evaluating and managing a variety of risks that individuals and organizations face every day inevitably involves coordination of the multiple parties’ efforts and reconciliation of extensive […]
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Crypto investment firm Maple Leaf Capital noted that Ampleforth, the token recently released in Bitfinex’s first Initial Exchange Offering, is not stable. Cryptocurrency investment firm Maple Leaf Capital called ampleforth (AMPL), the token recently released in the first Bitfinex’s Initial Exchange Offering, “anything but stable” in a series of tweets published on June 27. While […]
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A group of trade associations representing several national Virtual Asset Service Providers announced the launch of a global collaboration for firms in the industry. A group of national trade associations representing the local Virtual Asset Service Providers (VASPs) announced their intention to establish an association to provide a global representative for firms in the industry […]
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The IMF believes that some central banks are going to issue digital currencies, based on responses to a survey issued jointly with the World Bank. The International Monetary Fund (IMF) believes that central banks may issue digital currencies in the future, according to a report by the IMF on June 27 According to the full […]
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The cryptocurrency market is trending up after a flash crash by bitcoin on Wednesday followed by across-the-board losses on Thursday. Friday, June 28 — Top cryptocurrencies bitcoin (BTC), ether (ETH), and ripple (XRP) are all in the green, a total turnaround from the sea of deep red on Thursday. Market visualization. Source: Coin360 Bitcoin is […]
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Kik is handing off its Defend Crypto fund to The Blockchain Association. The Blockchain Association, a collective of advocates involved with the blockchain industry, has taken over the Defend Crypto fund set up by Kik According to an official blog post on June 28, Kik — the company behind Kik Messenger and the kin (KIN) […]
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