Portuguese sports club SL Benfica now has an option on its website to buy products in cryptocurrencies UTK, BTC, or ETH. Major Portuguese sports club SL Benfica now accepts cryptocurrency for merchandise and tickets, Verdict reports on June 6. According to the report, SL Benfica partnered with cryptocurrency service Utrust to provide the new payments […]
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Margin lenders on American cryptocurrency exchange Poloniex have lost around $13.5 million due to a flash crash. Margin lenders on American cryptocurrency exchange Poloniex have lost around $13.5 million due to a flash crash. Poloniex announced about the incident in a blog post published on June 6. Poloniex revealed that on May 26 a severe […]
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Major global pharmaceutical firm Boehringer plans to create a blockchain-powered care network for patients with diabetes. А leading pharmaceutical firm Boehringer Ingelheim has teamed up with blockchain-based healthcare platform Solve.Care, according to a press release shared with Cointelegraph on June 6. Germany-based Boehringer, one of the world’s 20 largest pharma companies, and Solve.Care are planning […]
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Notre Dame University and the Pacific Northwest National Laboratory released a study on the speed and scale of cryptocurrency discussions on Reddit. The University of Notre Dame and the Pacific Northwest National Laboratory (PNNL) released a study on the speed and scale of cryptocurrency discussions on Reddit on May 13. The paper claims to be […]
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A U.S. congressman argued that cryptocurrency transactions should be treated like fiat currency transactions for tax purposes. United States Congressman (R-N.C.) Ted Budd testified to the House of Representatives Ways and Means Committee on purported issues with current tax laws on cryptocurrencies, as per a video of the testimony released on June 4. Congressman Budd […]
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Hackers have reportedly compromised nearly 100 XRP Ledger wallets on cryptocurrency wallet service GateHub. Hackers have reportedly compromised nearly 100 XRP Ledger wallets on cryptocurrency wallet service GateHub. The incident was announced by GateHub in a preliminary statement on June 6. In the statement, GateHub reveals that it was notified by some of its customers […]
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Bitcoin and Ether are in the red, Ripple is in the green. Top 50 cryptocurrencies are mostly in the red in a more uncertain crypto market. Thursday, June 6 — Bitcoin (BTC) and ether (ETH) are trending down slightly following the slump from the recent rally. Top cryptocurrencies are seeing a mix of ups and […]
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SEC Chairman Jay Clayton said that the regulator needs to deal with crypto custody and market manipulation before approving a crypto ETF. United States Securities and Exchange Commission (SEC) Chairman Jay Clayton said that the regulator needs to feel comfortable with cryptocurrency custody and ensure no market manipulation can take place before approving a crypto […]
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The Egyptian government is ready to overcome years of uncertainty on crypto, with new laws reportedly coming by the end of 2019. In the end of May 2019, the Central Bank of Egypt (CBE) announced that it is working on a draft law for crypto-related activities. When introduced, it will oblige financial institutions in the country […]
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Despite bitcoin price rising by 57% in May, a new report from SFOX has downgraded the crypto market outlook to uncertain. The current outlook for the cryptocurrency market has been downgraded from mildly bullish to uncertain, SFOX’s latest volatility report concluded on June 6. While the report acknowledged that crypto prices recovered substantially last month, the authors described […]
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