Can crypto actually take on USD’s role around the world? Jim Bianco, CEO and president of economics and finance analysis company Bianco Research, said he sees a cryptocurrency as the next reserve asset. “I’ve argued that, in theory, the next reserve currency will be a crypto,” Bianco told Anthony Pompliano on an April 17 episode […]
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Quite like cryptocurrency itself, crypto scams seem here to stay. EOS Ecosystem, a wallet app that attracts investors to deposit EOS with promised high returns, has reportedly shut down and possibly run away with close to $52 million, according to an April 20 report. $52M is gone and more is potentially missing The local media’s […]
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Blockchain intelligence firm Chainalysis has published its latest analysis of the use of cryptocurrencies to purchase child sexual abuse material on the darknet. New York-based blockchain intelligence firm Chainalysis has published its latest analysis of the use of cryptocurrencies to purchase child sexual abuse material (CSAM) on the darknet. In a report shared with Cointelegraph […]
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Losses in the traditional banking system during the global pandemic, while crypto could act much better: Here’s why. Payments of $1,200 from the CARES Act to Americans in need have begun to go out to those who authorized the Internal Revenue Service to make direct deposits into their bank accounts. However, the money may never […]
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Paris-based artist Ben Elliot is launching what he claims to be the first ever personal crypto backed by the market value of his artworks. Paris-based artist Ben Elliot’s efforts to revolutionize the artwork purchasing and collecting experience have resulted in what he claims to be the world’s first personal cryptocurrency directly pegged to a career. […]
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The AVA blockchain protocol, founded by Cornell’s Emin Gün Sirer, has launched the “internet of blockchains.” A blockchain protocol designed by one of the most prominent blockchain scholars has launched a public testnet. AVA Labs has its roots in Cornell University, where its co-founder Emin Gün Sirer had been teaching for almost two decades. In […]
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The coronavirus pandemic is changing the global narrative about the crypto space, India is not the exception: What to expect in crypto law updates from India? In one of 2020’s biggest stories about cryptocurrencies so far, the Indian Supreme Court struck down a blanket ban on trading cryptocurrencies issued by the Reserve Bank of India […]
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Cointelegraph Talks’ first event kicks off at 3:00 PM EST on April 21, featuring topics on e-payments amid coronavirus and the digital dollar. Cointelegraph is launching Cointelegraph Talks, a series of online events featuring top blockchain and cryptocurrency experts and executives. The first Cointelegraph Talks event kicks off at 3:00 PM EST on Tuesday, April […]
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Mayhem in oil markets translates to modest fallout for Bitcoin, with analysts eyeing slightly lower levels for key long trades. Bitcoin (BTC) was testing support at $6,800 on April 21 as resistance and low volume combined to drive prices lower. Cryptocurrency market daily overview. Source: Coin360 BTC price: analyst eyes $6,300 for low entry Data […]
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The Blockchain Association has asked the court, which is considering Kik’s case, to deny the SEC’s motion for summary judgment. The United States-based Blockchain Association has filed an amicus curiae brief in support of Canadian messenger Kik amid the firm’s legal battle with the Securities and Exchange Commission. The association addressed the April 17 brief […]
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