Facebook is now making a stablecoin for WhatsApp, reports suggest. On Dec. 20, Bloomberg reported that Facebook is making a stablecoin for WhatsApp users. The cryptocurrency will reportedly be used for money transfers made within the messaging app and will focus on the Indian market. The move provides a curious juxtaposition for the social media […]
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The Huobi Derivative Market has added EOS contracts, which allows traders to take both long and short positions on the cryptocurrency. Cryptocurrency exchange Huobi’s derivative market now supports altcoin EOS, according to an official press release shared with Cointelegraph on Dec. 28. Huobi is currently the third-ranked cryptocurrency exchange by adjusted volume on CoinMarketCap, with […]
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The most noticeable 2018 predictions on cryptocurrency rates, blockchain adoption and a Bitcoin ETF, which either became a reality or failed. The world of cryptocurrencies is full of prophets and predictions of all ranges, just as any other financial market in the world. 2018 jumped right in with Bitcoin (BTC) hovering around $15,000 and investors […]
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The former CEO of now-defunct cryptocurrency exchange Mt. Gox, Mark Karpeles, claimed his innocence as the trial nears its end. Mark Karpeles — the former CEO of now-defunct cryptocurrency exchange Mt. Gox — has affirmed that he is not guilty in the final argument for his trial, Cointelegraph Japan reports Dec. 27. In court in […]
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Institutional activity, regulations, and wider adoption will be some of the triggers that will be closely watched during the crypto recovery. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research […]
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The Litecoin Foundation will sponsor a mixed martial arts title fight in the Ultimate Fighting Championship as part of its effort to expand crypto adoption. The Litecoin Foundation will sponsor an event of the Ultimate Fighting Championship (UFC) mixed martial arts organization, according to an announcement published Dec. 26. In the statement, the foundation said […]
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A South Korean judge has ruled in favor of Bithumb after an investor had sued the firm over his loss of around $355,000 in an alleged hack. South Korean crypto exchange Bithumb has won a lawsuit in which an investor had sued the company for his loss of around $355,000 in an alleged hack. Local […]
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A new Indian governmental committee reportedly favors cryptocurrency regulation and legalization over prohibition. A governmental committee in India has reportedly suggested that cryptocurrencies be legalized in the country, English-language local media TheNewIndianExpress (TNIE) reported on Dec. 26. According to the article, an unnamed senior official who reportedly attended the panel’s meetings on cryptocurrencies stated: “There […]
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The fintech and crypto leader for Asia at PricewaterhouseCoopers (PwC) believes that many institutional players will enter the crypto space in 2019. Henri Arslanian, the Asia fintech and crypto leader of PricewaterhouseCoopers (PwC) Hong Kong, has predicted that many institutional players will enter the crypto industry in 2019. Arslanian made this claim during an interview […]
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British regulators are taking more time over crypto, but this won’t make U.K. legislation more permissive. A significant crypto market slump has brought concern and alarm, but also some unexpected side benefits. One such benefit comes from how financial regulators in the United Kingdom now appear sufficiently relaxed about crypto and its growth that they can […]
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