South African Gov’t Reveals It Has No Plans to Ban Crypto in Recent Consultation Paper

South African central bank has issued a jointly developed consultation paper, revealing that it does not intend to ban crypto. The South African Reserve Bank (SARB) has issued a consultation paper assessing the benefits and risks of cryptocurrencies. The paper, developed jointly with a number of the country’s government agencies, was announced in an official […]

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Cryptopia Alleged Hack: Police Are on the Case While Community Tracks Down Stolen Funds

New Zealand-based digital assets exchange Cryptopia was allegedly hacked on Jan. 15. In what seems to be one of the first major security breaches of 2019, New Zealand-based digital assets exchange Cryptopia was allegedly hacked this week. The platform reported the incident via Twitter on Jan. 15, mentioning “significant losses.” While the incident has been […]

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MIT, Stanford Researchers to Fund New ‘Globally Scalable’ Cryptocurrency, ‘Unit-e’

Major U.S. universities including MIT, Stanford and UC Berkeley have teamed up to fund a new digital currency. A group of researchers from top United States universities have announced the launch of a “globally scalable decentralized payments network,” according to a press release published today, Jan. 17. The development of the cryptocurrency, dubbed “Unit-e,” is […]

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Circle Releases Third Audit Report of Stablecoin USDC’s Dollar Reserves

Cryptocurrency company Circle has released its third audit attestation of the USD reserves backing its USDC stablecoin. Cryptocurrency finance company Circle has released the third audit attestation of the reserves of its fiat-backed stablecoin, USD Coin (USDC), according to an official statement Jan. 16. The third-party audit of Circle’s United States dollar reserves was issued […]

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