Dmitry Medvedev noted that since cryptocurrencies have lost some of their popularity, regulation is not that necessary. Crypto regulation is not a priority for the Russian government since cryptocurrencies have lost their popularity, the Russian prime minister has recently argued. Prime minister Dmitry Medvedev’s comments were reported by Russian news agency Fontanka on May 16. […]
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Estonian consulting firm Eesti claims that it is getting harder to get a cryptocurrency license in Estonia. Estonian consulting firm Eesti has claimed that it is getting harder to get a cryptocurrency license in Estonia in a press release published on May 16. The Estonian government’s Ministry of Finance introduced changes to the licensing process […]
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Chinese payment giant WeChat bans crypto payments for merchants. On May 7, Dovey Wan, founding partner of crypto investment firm Primitive Ventures tweeted that the Chinese social media behemoth and payment service provider WeChat is set to ban merchants from making cryptocurrency payments. This ban marks the latest effort to stymie cryptocurrency usage in China, […]
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The three most prevalent types of malware in April were all crypto miners, according to Check Point Research’s global threat report. A global threat report has concluded that the three most common malware variants detected in April were crypto miners, according to a news release on May 14. Check Point Research said Cryptoloot, malware that […]
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American entrepreneur and presidential candidate Andrew Yang has said that blockchain should be a big part of the United States’ future. American entrepreneur and Democratic 2020 presidential candidate Andrew Yang has said that blockchain should be a big part of the United States’ future, Bloomberg reported on May 15. Speaking at the Consensus conference in […]
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A major crypto exchange in South Korea has shut down, showing the intensity of the brutal 16-month bear market that caused a wide range of issues for crypto businesses. The shutdown of Coinnest on April 18, one of the major crypto exchanges in South Korea, showcased the intense brutality of the 16-month bear market, which […]
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sponsored A crypto startup is planning to enable workers to receive payment for work they have already completed in advance, helping them to achieve financial stability. A crypto-focused payment platform says it is aiming to reduce financial pressures on everyday consumers by enabling them to receive their salaries early — whenever they demand it. JobCoin […]
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TokenAnalyst estimates that capital outflows from major crypto exchanges have exceeded inflows by ~$622 million over the past 5 days. Blockchain data provider TokenAnalyst estimates that capital outflows from major crypto exchanges have exceeded inflows by ~$622 million over the past five days, Bloomberg reported on May 15. London-based TokenAnalyst has reportedly based its figure […]
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Despite controlling a third of ether’s circulating supply, whales are responsible for just 7% of all transaction activity. A third of the world’s ether (ETH) is owned by just 376 people, according to Chainalysis research published on May 15. Despite controlling a large portion of ETH’s circulating supply, the study found these “whales” are responsible for […]
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Polychain Capital CEO thinks Facebook would do best to build a public platform for its currency, relinquishing authority over the blockchain. Polychain Capital CEO Olaf Carlson-Wee thinks Facebook would be smart to build its stablecoin on a public, open blockchain infrastructure. Carlson-Wee delivered his remarks at the Consensus 2019 panel “To the Moon and Back” on […]
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