Texas: the CEO of a “decentralized bank” crypto firm accused of defrauding investors out of over $4 million was arrested by the FBI. The CEO of cryptocurrency firm AriseBank was arrested by the FBI Nov. 28 on charges of defrauding hundreds of investors out of over $4 million. The news was reported in a release […]
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Decentralized social networking platform Steemit has laid off over 70 percent of its staff following the recent market crash. Social networking platform Steemit is laying off more than 70 percent of its staff due to the cryptocurrency market crash, and is beginning a structural reorganization, according to a Nov. 28 video post by Steemit CEO […]
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After the market crash, Bitcoin has soared back above $4,000, with all major cryptocurrencies seeing strong growth. Wednesday, Nov. 28: After the dramatic Nov. 14 market dump, cryptocurrencies are staking major recoveries across the board, with all of the major coins seeing significant growth and scattered assets sealing double-digit gains, as data from Coin360 shows. […]
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Stock market giant Nasdaq and investment firm VanEck have announced a partnership to jointly launch a set of digital assets products. The world’s second largest stock exchange Nasdaq and U.S. investment firm VanEck have announced a partnership to jointly launch a set of “transparent, regulated and surveilled” digital assets products. VanEck’s director of digital asset […]
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Popular stablecoin Tether resumed deposit and redemption of USDT to fiat, while affiliate firm Bitfinex added Tether-fiat trading pairs. Popular stablecoin Tether has announced 1:1 redemptions of USDT to fiat, while affiliated crypto exchange Bitfinex added two new Tether-fiat trading pairs, according to announcements from both firms Tuesday, Nov. 27. Tether announced the direct redemption […]
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Institutional investor-focused Liechtenstein Cryptoassets Exchange has received a license for operating in Liechtenstein. Professional traders-focused Liechtenstein Cryptoassets Exchange (LCX) has recently acquired a “business license” in Liechtenstein, according to a press release shared with Cointelegraph Nov. 27. The new license granted by the Liechtenstein Ministry of Economic Affairs is reportedly a milestone for LCX in […]
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sponsored With ICOs losing momentum, a digital asset exchange says security token offerings and crypto bonds could be the next big thing for investors. An established digital asset exchange has announced it is holding a summit in Singapore to explore new opportunities in the marketplace – creating a platform where crypto enthusiasts can detect industry […]
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Malaysia’s finance minister has stated that any entity wishing to issue cryptocurrency must defer to the country’s central bank. Malaysian Finance Minister Lim Guan Eng has stated that any entity wishing to issue cryptocurrency must defer to the country’s central bank, Bank Negara Malaysia (BNM). The minister’s comments were reported by local English-language daily broadsheet […]
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Venezuela’s National Assembly adopts crypto legislation and amendments to AML policy in order to allow international Petro trading and circumvent U.S. sanctions. The Constituent National Assembly of Venezuela has approved a bill on cryptocurrency regulation, the country’s Ministry for Communication and Information reported Nov. 21. The law was proposed by the country’s leader Nicolas Maduro […]
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The CEO of analytics and risk management company Blockchain Intelligence Group says opportunistic investors have not taken away from Bitcoin’s future viability. The 2018 cryptocurrency price decline is a result of investors’ “lack of education,” the CEO of Canadian firm Blockchain Intelligence Group (BIG) said in an interview published in German economics news outlet Finanzen.de […]
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