sponsored A company that enables thousands of retailers to act as virtual ATMs for crypto is challenging one of the biggest payment processing companies on the market. A crypto company that enables thousands of retailers to function as virtual ATMs for an array of cryptocurrencies has recently processed its largest single transaction to date, valued […]
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Major crypto exchange Bitfinex and its spin-off Ethfinex has introduced support for four more fiat-backed stablecoins. Cryptocurrency exchange Bitfinex and its spin-off Ethfinex have added support for four new major USD-backed stablecoins, according to an blog post published Dec. 4. Per the announcement, both exchanges have introduced stablecoins USDC, True USD (TUSD), Paxos (PAX) and […]
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Binance’s CEO has revealed the company’s plans to launch its own blockchain, “Binance Chain,” in the near future. Binance, the world’s largest crypto exchange by trading volumes, will launch its own blockchain “Binance Chain” in the “coming months,” as the company revealed in a tweet on Dec. 4. The new Binance-backed blockchain aims to provide […]
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China’s Bitcoin “tycoon” Li Xiaolai will develop a stablecoin within the Hong Kong-based blockchain fund Grandshores Technology. Chinese crypto investor Li Xiaolai will lead a stablecoin project within Hong Kong-based blockchain fund Grandshores Technology, according to an official document issued on Monday, Dec. 3. China’s Bitcoin (BTC) “tycoon” Li Xiaolai has been also appointed as […]
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The U.S. SEC’s move to fine celebrities for fraudulent ICO advertising tells a cautionary tale to investors and would-be advertisers. Like many different industries, Hollywood’s involvement with cryptocurrencies and Initial Coin Offerings (ICO) has become a reality and a number of celebrities have looked to capitalize on the surge in interest and potential money to […]
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The world’s second largest stock exchange Nasdaq has confirmed it plans to launch Bitcoin futures in the first half of 2019. The world’s second largest stock exchange Nasdaq has confirmed it plans to launch Bitcoin futures in the first half of 2019, U.K. daily tabloid the Express reported Monday, Dec. 3. As reported, two insider […]
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Venezuela’s Maduro has increased the Petro’s value from 3,600 to 9,000 bolivars in the midst of ongoing inflation in the country. Venezuelan president Nicolas Maduro has raised the reference value of the national cryptocurrency, Petro, against the background of the country’s ongoing hyperinflation, the president’s official Twitter tweeted Nov. 30. According to major Latin American […]
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Russia’s economic minister has compared BTC with a “soap bubble,” while seeing its influence on increasing tech investments as positive. The Minister of Economic Development of Russia referred to Bitcoin (BTC) as a “soap bubble” that has has led to investors’ losses, Russian informational agency RBK reported Nov. 28. Minister Maksim Oreshkin, speaking in an […]
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Ohio Treasurer implements tax payments with crypto to drive tech development in the state. In what is being hailed as a first in America, Ohio’s State Treasurer Josh Mandel has made it possible for businesses to pay taxes using Bitcoin. In the coming weeks, business owners in the state will be able to register and […]
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Despite the bear market and “crypto winter,” speakers at BlockShow Asia 2018 believe this is the best time to invest in crypto and hodl. BlockShow Asia 2018 has come to an end in Singapore Thursday, Nov. 29, with most visiting experts predicting that cryptocurrencies and blockchain will fare better in 2019. According to the BlockShow […]
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