A blockchain letter of credit transaction in the oil industry has been sent by Standard Chartered with Thai state-owned oil giant PTT Group. London-based bank and financial services firm Standard Chartered has completed its first cross-border blockchain letter of credit transaction in the oil industry with Thai state-owned oil giant PTT Group. On-chain letter of […]
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The Financial Intelligence Unit of South Korea’s Financial Services Commission has revealed plans to bring cryptocurrency exchanges under its direct regulation. The Financial Intelligence Unit (FIU) of South Korea’s Financial Services Commission has revealed plans to bring cryptocurrency exchanges under its direct regulation. On August 7, Business Korea reported on the FIU’s decision to shift […]
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Return to $11,500 range was expected and gives an opportunity to buy up more coins, says one trader. Bitcoin (BTC) price was hovering closer to $11,500 on Aug. 7 as analysts brushed off concerns of a fresh downward move. Market visualization. Source: Coin360 Bitcoin price experiences another healthy correction Data from Coin360 showed BTC/USD trading […]
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Negligence over the botched 2017 launch presents a way forward, Vince Chhabria says, but fraud allegations are lacking. Cryptocurrency exchange Coinbase did not act fraudulently during its botched launch of Bitcoin Cash (BCH), a United States judge has ruled. Coinbase accused of insider trading BCH listing In a court order issued on Aug. 6, U.S. […]
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Chinese police are reportedly taking legal action against decentralized cryptocurrency exchange EtherDelta in connection with an apparent exit scam. Chinese police are reportedly taking legal action against non-custodial token trading platform EtherDelta in connection with an apparent exit scam. The news was reported on Aug. 7 in a series of tweets published by Dovey Wan, […]
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An alleged hack of personal information from exchange users should not be taken seriously, says Changpeng Zhao. The CEO of cryptocurrency exchange Binance has refuted claims hackers gained access to confidential user information such as personal ID. CZ: “Don’t fall into the ‘KYC leak’ FUD” In a tweet Aug. 7, Changpeng Zhao described rumors circulating […]
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FTX has secured $8 million in its seed round, with blockchain-focused venture capital fund Proof of Capital and blockchain firm Consensus Lab among major investors. Cryptocurrency derivatives exchange FTX has secured $8 million in its seed round. Major investors include blockchain-focused venture capital fund Proof of Capital and blockchain firm Consensus Lab, among others. In […]
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LedgerX was reported to launch the first physically settled Bitcoin futures contracts in the U.S., but report was later debunked by LedgerX… Earlier this week, United States-regulated crypto derivatives and clearing platform LedgerX was reported to launch the first physically settled Bitcoin futures contracts in the country, therefore stealing a march on Bakkt and ErisX. […]
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Bitcoin bull Max Keiser says Bitcoin dominance is heading to 80%, and investors would be wise to leave altcoins. Bitcoin maximalist and former Wall Street trader Max Keiser has recently claimed that Bitcoin (BTC) dominance is heading to 80% and that altcoins are dying, further urging the public to rotate out of other crypto assets […]
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Blockchain startup tZERO, announced that it has been awarded a patent for a technology storing exchange data on public blockchains. Blockchain startup tZERO, announced that it has been awarded a patent for a technology allowing to anchor traditional trades and exchanges to public blockchains. A blockchain integration for exchanges The company announced the development in […]
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