Italian securities regulator Consob is shutting down 8 FX and crypto websites for providing illegal products and services. Italy’s securities regulator has shut down six foreign exchange websites and two crypto investing and derivative trading sites. According to Finance Magnates’ Feb. 10 report, the Commissione Nazionale per le Società e la Borsa (CONSOB) has accused […]
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Hearings in the Indian Supreme Court have opened a discussion between the crypto space and lawmakers on the tech’s potential in the country. India has developed a somewhat paradoxical relationship with cryptocurrencies, blockchain and other emerging technologies. On one hand, the Indian government is a huge proponent of distributed ledger technology, with several government-led initiatives […]
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Major United Kingdom-based crypto firm Blockchain.com has led a funding round in its exchange partner Wintermute Trading. Popular cryptocurrency wallet service and blockchain data provider Blockchain.com has led a funding round in its exchange partner Wintermute Trading. Wintermute Trading, a United Kingdom-based algorithmic trading firm, has completed a seed funding round led by Blockchain.com’s venture […]
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Thickening regulations may drive crypto firms out of the EU, the rest will have to comply with “unclear and fragmented” laws for benefits in the long run. The European Union lately has been a hotbed for political and regulatory developments that could have a considerable impact on the day-to-day operations of the continent’s financial service […]
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Bitcoin price reached $10K over the weekend but as its dominance rate dropped many altcoins have continued to post triple-digit gains, namely BNB, XTZ and LSK. Over the weekend Bitcoin (BTC) bulls showed impressive strength as the price punched through $10,000 for the first time in 2020. Interestingly, not only Bitcoin forks have been performing […]
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Italian crypto exchange Altsbit announced that it will close in May 2020 after losing about $70,000 in a hack on Feb. 5. Altsbit, a small cryptocurrency exchange that lost “almost all funds” in hack on Feb. 5, will shut down its services in May 2020. After Altsbit first reported on the hack on Twitter on […]
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BitGo, a U.S.-based firm that claims to process over 20% of all Bitcoin transactions, established new regulated custody entities in Germany and Switzerland. Major digital asset financial services firm BitGo is expanding its global reach by setting up two new regulated custodial entities in Europe. BitGo, a United States-based firm that claims to process over […]
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What are the emerging crypto games and what is the outlook for the sector for 2020. After CryptoKitties proved to be successful in the mainstream limelight in 2017, a surge of digital collectibles built on blockchain technology ensued. This rising trend made it pretty clear that blockchain and gaming make a perfect match. While blockchain […]
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The blockchain ecosystem has begun to grow beyond what people thought it’s capable of. Here’s the definitive list of the best contributors. Last year was an interesting one for blockchain and cryptocurrency, contrasting with past years in ways that go far beyond mere finance. It was a banner year for the maturation of the whole […]
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Wallet providers and exchanges will be paying interest on consumer crypto holdings within two years, predicts Dan Schatt. In a varied career, Dan Schatt has been a Peace Corps volunteer in Romania, a Citibank banker in Senegal, a Celent analyst and a PayPal executive. He co-founded Cred, a decentralized lending and borrowing platform, with other […]
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