Payment system ePayments has been halted by the FCA for about a week now, and all accounts remain suspended. Does crypto have anything to do with it? On Feb. 11, ePayments Systems Ltd, a United Kingdom-regulated electronic money institution, suspended all online payment activity at the request of the Financial Conduct Authority, the local regulator. […]
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Blocknox will expand its cryptocurrency custody service to institutional clients, including banks and fintech firms. Blocknox, a subsidiary of Boerse Stuttgart Digital Ventures GmbH that has provided cryptocurrency custody service on an escrow basis, is looking to expand the service to its institutional clients. Boerse Stuttgart revealed the plans in a Feb. 18 tweet, detailing […]
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Decentralized finance proponents take a hard hit after lending protocol bZx sees two successful hacks just days apart. Decentralized finance (DeFi) proponents are taking a hard hit after decentralized lending protocol bZx saw two successful hacks just days apart with losses totalling around $954,000. According to bZx’s report, the protocol was compromised for the first […]
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To mark Black History Month, Coinbase has launched an advertising campaign with the pitch that cryptocurrencies can help tackle racial inequity in the financial sector. To mark Black History Month, Coinbase has launched an advertising campaign with the pitch that cryptocurrencies can help tackle racial injustice in the financial sector. As part of the campaign, […]
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Still not satisfied despite regaining access to his once lost coins, Peter Schiff now claims that Bitcoin will fail to usurp fiat currency. Bitcoin (BTC) skeptic Peter Schiff has admitted that holding the cryptocurrency is profitable — but claims it will “never” compete with fiat currency. In a tweet on Feb. 18, Schiff, well known […]
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The crossing over of the 50-day and 200-day moving averages this week is a major boon for Bitcoin traders, says Cointelegraph Markets’ Keith Wareing. Bitcoin (BTC) can hit $26,000 in just two months thanks to a bullish event that previously triggered 170% price gains. As noted by Cointelegraph Markets analyst, Keith Wareing, on Feb. 18, […]
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The Bitcoin mining unit manufacturer rapidly expanded its market share in 2019. Bitcoin’s mining power worldwide has been affected by manufacturing delays caused by the coronavirus outbreak in China, effectively reducing growth in the cryptocurrency’s computing power. Nevertheless, some Bitcoin miners based in the Asian nation have seen an increase in their market share while […]
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The London-based crypto custody provider plans to develop its presence in North America and Asia. Cryptocurrencies have always faced challenges when it comes to reducing risk and making themselves regulatory compliant for traditional investors. Providing custody for Bitcoin and others is becoming increasingly more complex due to the nature of crypto: whoever has control of […]
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Bithumb has partnered with Singaporean crypto trading platform BitMax to jointly develop new services and products. As not a day goes by without another cryptocurrency partnership, one of the biggest crypto exchanges in South Korea has begun new cooperation. Major South Korean cryptocurrency exchange Bithumb has partnered with Singaporean crypto trading platform BitMax to jointly […]
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Bitcoin price dropped in a weekend correction creating a wide CME trading gap but the market structure remains bullish as long as the $9.4K levels hold. Bitcoin (BTC) price was unable to hold the psychological barrier of $10,000 and couldn’t break through the resistance of $10,400. This rejection caused a corrective move to $9,450, leaving […]
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