Peter Schiff agrees with the Fed that Bitcoin should be classified as fiat currency. Economist, financial commentator and gold advocate Peter Schiff once again bashed Bitcoin in a tweet, essentially calling it fiat currency — the name for regional currencies, such as the U.S. dollar. “The Fed gets Bitcoin right,” Schiff said in a June […]
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Yuya Hasegawa, a Market Analyst at an FSA licensed crypto exchange in Japan, analyzed whether XRP will ever reclaim its throne. Japanese crypto investors have been known for their passionate support of XRP. Indeed, at one point in Japan, XRP was more popular than Bitcoin. Yet, the official data from the Japan Virtual and Crypto […]
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A consortium aims to strengthen medical tourism in South Korea by launching a blockchain-powered platform. In Busan, a private-public consortium in South Korea announced their intention to build a blockchain-powered medical tourism platform. No deadline for launch is currently set. According to Gyeongnam Ilbo, the initiative will be led by Busan Bank. They are looking […]
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Regulators are warming up to crypto around the world as they embrace innovation for economic recovery. Editor’s note: The week has been remarkably active for policy, possibly as a result of economies showing signs of heading slowly back to normal. While crisis remains, it seems like everyone has gotten numb to crisis mode. Recent news […]
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The U.S. SEC freezes assets of several alleged crypto scams run by Hvizdzaks brothers. The United States Securities and Exchange Commission (SEC) has halted activity of another alleged cryptocurrency-related scam stealing millions of dollars from investors. According to a SEC’s announcement on June 19, the authority has been granted a temporary restraining order and asset […]
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Most major cryptocurrencies are stuck in a range suggesting a balance between supply and demand. Kraken crypto exchange CEO Jesse Powell has said that a large number of both retail and institutional investors have opened accounts with them. This shows that all types of investors are concerned about the current economic condition, hence they have […]
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Singapore’s central bank is looking to join forces with China in exploring central bank digital currencies. Singapore’s central bank and financial regulatory authority is looking to cooperate with China in the field of central bank digital money. Ravi Menon, the managing director of the Monetary Authority of Singapore, or MAS, has voiced the country’s readiness […]
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A deeper dive into the story involving a potential scam operation paying millions in ETH transaction fees twice in a row. The hottest Ethereum topic in June so far has been mysterious transactions that involved millions of dollars being paid to transfer small-to-medium amounts of Ether (ETH) — an activity which normally doesn’t cost more […]
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The emerging distributed ledger technology industry has been threatened by various illicit activities. Here are some strategies you should know about to protect yourself. In August 2010, a bug in the Bitcoin network that allowed large transactions to be added to the ledger without proper verification was identified by a hacker. The hacker generated and […]
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Crypto derivatives trading platform Delta Exchange has today launched options trading for two major altcoins, BNB and LINK. Cryptocurrency derivatives trading platform Delta Exchange has today launched options trading for two major altcoins, Binance Coin (BNB) and Chainlink’s LINK. In an announcement on June 19, the exchange indicated it would be following the launch of […]
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