A court dispute between an exchange and a user reinforced China’s willingness to recognize the cryptocurrency. Bitcoin (BTC) has gained legal recognition by a second Chinese court in a further boost for the cryptocurrency in one of its harshest environments. A watershed for Bitcoin in China According to investor Dovey Wan, who linked to local […]
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Fiat-crypto exchange Binance Jersey has listed a proprietary GBP-backed stablecoin, dubbed Binance GBP Stablecoin (BGBP). Fiat-crypto exchange Binance Jersey has listed a proprietary GBP-backed stablecoin, according to a press release shared with Cointelegraph on July 19. ‘Overwhelming demand’ for stablecoin diversification Listing of the Binance GBP Stablecoin (BGBP) confirms earlier indications that the major industry […]
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1 AM UTC was the hour of greatest volatility for Bitcoin’s price from 2017 to 2019, crypto analytics firm LongHash found. Researchers at crypto analytics firm LongHash have found 1 AM UTC to be the hour of greatest volatility for Bitcoin (BTC) over the past two years. 1 AM UTC had more daily highs and […]
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Nouriel Roubini derided BitMEX as an example of a criminally unregulated crypto exchange, and called for authorities to enforce crypto regulation at large. Economist and anti-cryptocurrency pundit Nouriel Roubini has recently declared that there is “overwhelming evidence of rampant fraud and abuse” in the crypto space. Roubini, a professor at NYU’s Stern School of Business, […]
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The State of New Jersey has accused a blockchain-related firm of conducting an unregistered securities sale when it sold its token to investors. The State of New Jersey alleges that a blockchain-based online rental marketplace sold over $400,000 of unregistered securities. A complaint filed on July 17 accuses Pocketinns, Inc. and its president Sarvajnya G. […]
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President Donald Trump’s mention of cryptocurrencies is historic, but the blockchain industry deserves a more serious conversation… Over the last few years, United States President Donald Trump’s tweetstorms have become a peculiar yet amusing feature of American public life. The president’s off-the-cuff comments have served a wide variety of purposes, from enriching political discourse with […]
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LibertyX, the firm that launched America’s first Bitcoin ATM, will add 90 new machines by teaming up with DesertATM. LibertyX, the firm that launched America’s first Bitcoin (BTC) automated teller machine (ATM), will add 90 new machines to its network. In order to expand the network, Boston-based LibertyX has partnered with independent ATM operator DesertATM, […]
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ErisX cryptocurrency exchange has joined the Chamber of Digital Commerce, a blockchain-related advocacy group. The United States Chamber of Digital Commerce has taken aboard cryptocurrency exchange ErisX. Per a press release shared with Cointelegraph on July 18, ErisX has become a member of the Chamber of Digital Commerce, an advocacy group that promotes the digital […]
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Binance has apparently earned 9,500,000 XLM in staking rewards unknowingly. Major cryptocurrency exchange Binance has earned staking rewards on Stellar (XLM) following a change of some parameters on cold and hot wallets. In a blog post published on July 18, Binance said that it unknowingly earned staking rewards of 9,500,000 XLM ($775,000 at press time) […]
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The potential benefits of tokenization for the liquidity of commercial real estate. The commercial real estate sector is squarely in the sights of the blockchain industry. Advocates justifiably believe that the technology offers the ability to streamline everything from capital formation to transaction settlement at hitherto unseen levels of speed and efficiency. Additionally, through a […]
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