The month-long sale has already secured almost 70% of its goal in a period of less than 48 hours. United States cryptocurrency exchange Kraken is offering equity to users in a fundraiser that raised over $6 million in its first day, statistics confirmed on May 21. Kraken, which is one of the world’s oldest exchanges, […]
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The Financial Conduct Authority says crypto investors lost approximately $34 million from scams last year. The primary financial regulator of the United Kingdom, the Financial Conduct Authority (FCA), reports that crypto investors in the country lost over $34 million due to cryptocurrency and forex scams from 2018–2019 the Financial Times reports on May 20. According […]
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ETF.com’s Dave Nadig says that the U.S. SEC is “still in information-gathering mode” regarding a bitcoin ETF. The United States Securities and Exchange Commission (SEC) is “still in information-gathering mode” regarding a bitcoin (BTC) exchange-traded fund (ETF), the managing director of ETF.com told CNBC on May 20. Dave Nadig, managing director of а leading authority […]
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The U.S. IRS has prioritized issuing tax guidance on cryptocurrencies in response to a request from 21 representatives. The United States Internal Revenue Service (IRS) has prioritized issuing tax guidance on cryptocurrencies, according to a May 16 letter. The letter from the IRS comes in response to a request from 21 representatives in Congress, including […]
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Investors are returning to cryptocurrencies following the recent rally that briefly took bitcoin above $8,000. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data […]
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Nikolai Arefiev, a senior official in the Russian State Duma, argued that cryptos were created to hide money from the government. A senior official in Russia’s parliament, the State Duma, has argued that cryptocurrencies have the potential to ruin governments, Russian financial media agency Rambler reported on May 20. Nikolai Arefiev, a member of the […]
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The Stellar network went offline for over an hour, raising concerns about decentralization. Recently, blockchain-powered network Stellar stopped confirming transactions for more than one hour, effectively going offline. Although no money was reportedly lost as a result, Stellar’s major issue has now been highlighted publicly: The project is not decentralized, at least not to the […]
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The Japanese government’s attempts to halt crypto gambling can only last so long, industry experts say. Despite Japan’s reputation for being one of the most welcoming nations for fintech, online crypto gambling has struggled to take off in light of the country’s strict regulation. In late March, the blockchain-based, decentralized application (DApp) platform Tron announced […]
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Centralized crypto exchanges saw a major uptick in traded volume this April, with a solid 85% overall increase among top fiat-to-crypto platforms. Centralized cryptocurrency exchanges saw a major uptick in traded volume this April, the new April 2019 Exchange Review from crypto data provider Cryptocompare has revealed on May 20. Among top fiat-to-crypto platforms, monthly […]
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JPMorgan strategists claim that bitcoin’s recent rally has reproduced a pattern from its historic 2017 performance. Strategists from United States banking giant JPMorgan Chase (JPM) have argued that bitcoin (BTC)’s recent rally has ostensibly soared past what they calculate to be its intrinsic value. Their analysis was reported by Bloomberg on May 20. The strategists — […]
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