Major cryptocurrencies continue to see losses after yesterday’s drop in markets, XRP has overtaken Ethereum as the number two coin by market capitalization. Thursday, Nov. 15: yesterday’s fall in crypto markets continues today, with Bitcoin (BTC) dipping below the $5,400 mark, and total market capitalization dropping as low as $174 billion, according to data from […]
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Executive Board member of the European Central Bank, Benoit Coeure, considers Bitcoin to be the “evil spawn of the [2008] financial crisis.” Executive Board member of the European Central Bank (ECB) Benoit Coeure considers Bitcoin (BTC) to be the “evil spawn of the [2008] financial crisis,” Bloomberg reports Nov. 15. Coeure reportedly made his acid […]
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The head of major Russian bank Sberbank says blockchain technology will be adopted globally on an industrial scale in 1-2 years. The head of major state-owned Russian bank Sberbank has forecast that blockchain adoption will happen on an industrial scale in one to two years, local news agency TASS reported Nov. 13. Speaking to journalists […]
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Bitcoin’s slump will take “weeks, if not months” to repair the damage and to build sustainable support for multi-month rally, analyst reports. lt will take “weeks, if not months” to repair the “technical damage” caused by the recent collapse of Bitcoin (BTC), according to a Fundstrat Global Advisors analyst, Bloomberg reports today, Nov. 15. In […]
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Crypto exchange operator OKCoin launches services in Argentina, trading national fiat peso in pairs with several major cryptocurrencies. OKCoin, the parent company for world’s largest cryptocurrency exchange OKEx, has launched fiat-crypto trading services in Argentina, the company revealed in a tweet Thursday, Nov. 15. According to the company’s blog post about the move, customers can […]
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A South Korean Province is set to launch a “Blockchain Special Committee” with the goal of creating a new blockchain hub in the region. The government of South Korea’s Gyeongbuk province has launched a “Blockchain Special Committee” with the goal of creating a blockchain hub in the region, local media outlet Daily News reported Nov. […]
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The prestigious State Tretyakov Gallery in Moscow is launching a blockchain-based art patronage scheme. The prestigious State Tretyakov Gallery in Moscow, Russia, is launching a blockchain-based art patronage scheme, Russian news agency TASS reports Nov. 15. The project, dubbed “My Tretyakov,” allows individuals or enterprises to make a private donation to contribute to the digitization […]
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EOS’ governance model has been questioned again. Recently, Blockchain protocol EOS became subject of a new scandal: its governance model was questioned, as evidence showing a moderator reversing transactions which had already been confirmed surfaced on Reddit. Crypto community was triggered once again, but perhaps it is time to face it: EOS is not really […]
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Acting U.S. attorney general Matthew G. Whitaker is being scrutinized for putting his weight behind an alleged scam that touted a pseudo time travel crypto, among other inventions. Acting U.S. attorney general (AG) Matthew G. Whitaker has come under fire for his association with an allegedly fraudulent patent company that involved cryptocurrency, U.S. news journal […]
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Crypto exchange KuCoin has seen three lead investors contribute to its Series A funding round. Hong Kong-based international cryptocurrency exchange KuCoin has closed a Series A funding round worth $20 million, the company confirmed Nov. 14. Led by IDG Capital, Matrix Partners and Neo Global Capital, the funds will go towards the release of KuCoin’s […]
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