sponsored A multicurrency digital wallet has announced that it has fully integrated Apple Pay into its app, opening new payment options for users. A multicurrency digital wallet that enables consumers to store crypto and spend their funds at more than 40 million outlets worldwide has fully integrated Apple Pay. Spend says the latest version of […]
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Major U.S.-based cryptocurrency exchange Coinbase announced that its payment processor Coinbase Commerce now supports Circle’s USD Coin. Major United States-based cryptocurrency exchange Coinbase announced that its cryptocurrency payment processor Coinbase Commerce now supports Circle’s stablecoin USD Coin (USDC) in a blog post on May 20. Per the announcement, Coinbase Commerce users can now accept USDC […]
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A Dutch investigation agency and Europol have shut down a $200 million crypto tumbler for being involved in money laundering. Dutch, Luxembourg authorities and Europol have shut down one of the three largest cryptocurrency tumblers, Europol reported on May 22. A cryptocurrency tumbler, also known as a cryptocurrency mixing service, is an anonymity tool that […]
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Cryptopia liquidation provides food for thought for potentially unsafe exchanges and their users. It goes without saying that exchanges command significant influence over the cryptocurrency market, being the exclusive portals for fiat into the world of blockchain. Exchanges are also the most significant winners of the cryptocurrency craze, and bank billions by raking in fees and […]
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Crypto analyst Brian Kelly believes bitcoin prices are going to rise as increasing demand competes with diminished supplies. An upcoming supply cut could help bitcoin (BTC) prices rise further in the coming months, crypto fund manager Brian Kelly told CNBC on May 21. Speaking to the Fast Money program, he explained that “the halvening,” next due to take […]
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Blockchain analysis firm Coin Metrics points to discrepancies in Ripple’s escrow accounting. Is there a basis to the claim? On May 16, 2019, Coin Metrics released a report detailing discrepancies in Ripple’s escrow reporting system. The Blockchain analysis firm described these discrepancies as contradictions that required some explanation. As per usual, any story concerning Ripple […]
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The ruling is a setback for crypto entrepreneur Noam Copel, who will now have to pay tax on $830,000 in profits he made by selling bitcoin. An Israeli judge has ruled that bitcoin (BTC) is an asset and not a currency, local news site Globes reported on May 21. The judgment is significant because it means profits […]
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The sudden onset of a new cryptocurrency bull market saw an immediate change in consumer interests, say three platforms. Japanese cryptocurrency exchanges have seen new account openings increase up to 200% in the past two months, Cointelegraph Japan reported on May 22. Data obtained from three major trading platforms — Bitpoint, DMM Bitcoin and Coincheck […]
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CULedger, a blockchain consortium and credit union service organization, has chosen R3’s Corda blockchain. CULedger, a blockchain consortium and credit union service organization (CUSO), has chosen enterprise software firm R3’s Corda blockchain to underpin its forthcoming cross-border payments product. The news was reported by fintech news outlet Finextra on May 21. As reported, CULedger joined […]
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Two Chinese over-the-counter traders have been accused of running an illicit bitcoin loan scheme. Two Chinese over-the-counter (OTC) traders have been accused of running an illicit bitcoin (BTC) loan scheme and collecting bitcoin by promising interest on deposits, Chinese newspaper The Beijing News reports on May 22. According to the article, Yi Zhou and Xiang […]
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