The largest cryptocurrency sees heavy downward pressure since hitting in excess of $8,400, with a CME futures gap providing reliable support. Bitcoin (BTC) continued falling on Jan. 10 as gains from late last week fizzled and markets attempted to find support levels in the $7,000-$8,000 range. Cryptocurrency market daily overview. Source: Coin360 BTC futures gap […]
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On Jan. 1, China’s law governing cryptographic password management came into power. What does it mean? On Jan. 1, China’s law governing cryptographic password management came into power. Essentially, the act aims to set standards for the application of cryptography and the management of passwords, and, therefore, ultimately reduces China’s cyber vulnerabilities on a nationwide […]
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Crypto exchange Deribit leaves the Netherlands for Panama to avoid demanding EU regulations that the Dutch nation might adopt. Crypto derivatives exchange Deribit is leaving the European Union for Panama to avoid new AML rules while changing its Know Your Customer (KYC) requirements. Deribit B.V., the current Netherlands-based company responsible for the Deribit.com exchange, will […]
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KPMG lead predicts blockchain and IoT will enable effective climate management in 2020, a topic to be discussed during Davos. Accounting giant KPMG’s US blockchain lead, Arun Ghosh, predicts that blockchain, combined with the Internet of Things (IoT) will be used to manage climate change in 2020. IoT is a term for systems of interrelated […]
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The U.S. SEC charges Donald Blakstad for using a fake crypto mining business and two other companies to fraudulently gain $3.5 million. Recent charges from the U.S. Securities and Exchange Commission (SEC) tied three parties to $3.5 million in fraudulent activities. The SEC has pressed charges of fraud against Donald Blakstad, crypto mining outfit Energy […]
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Telecom giant Telefonica partners with the local Association of Science and Technology Parks to grant to about 8,000 firms in Spain access to its blockchain. Spanish telecommunications giant Telefonica has reportedly partnered with the local Association of Science and Technology Parks (APTE) to grant access to its blockchain to about 8,000 firms in Spain. According […]
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Bithumb shows interest in a 10 billion won investment into South Korea’s regulatory free zone in Busan. Bithumb, one of the world’s largest cryptocurrency exchanges, could invest more than $8 million into South Korea’s regulatory sandbox. Via its daughter company GCX Alliance, Bithumb has shown intent to put 10 billion won ($8 million) into South […]
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Interpol helped curtail cryptojacking malware that affected thousands of routers. Interpol has collaborated with cybersecurity firm Trend Micro to reduce cryptojacking affecting MikroTik routers across South-East Asia, according to a Jan. 8 press release. Though the collaboration reduced the number of affected devices by 78 percent, this is unlikely to have made a significant impact […]
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The lack of security has remained as the main issue in crypto space. What could possibly be changed in 2020? The past few years have been a watershed moment for security in crypto. As the asset class has gained popularity, more and more security breaches have been highlighted and more institutions targeted. The burgeoning industry […]
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DappReview published its 2019 report, highlighting DeFi growth on Ethereum and EOS’ congestion struggles. DappReview published its 2019 insights on the decentralized app (DApp) space in a Jan. 8 report. Just three blockchains accounted for 98.65 percent of total transaction volume, though EOS began to struggle in Q4 2019. Decentralized app aggregator DappReview summarized the […]
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