Matt Hougan expressed his idea that most cryptocurrencies will die, and the “sooner that happens, the better.” Matt Hougan, Global Head of Research at Bitwise Asset Management and president at ETF.com, expressed his idea that most cryptocurrencies will die in an interview with Bloomberg published on Feb. 5. During the interview, Hougan declared that he […]
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The Financial Conduct Authority reported that investment scams’ losses amounted to over $255 million in 2018. The United Kingdom Financial Conduct Authority (FCA) has reported that common investment scams’ losses — including those crypto-related — amounted in total to over £197 million ($255 million) in 2018. The agency reported the losses in an official press […]
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American retail corporation Overstock.com’s blockchain subsidiary Medici will assist the municipality of Tulum to create a land registry system. Retail giant Overstock.com’s blockchain-based land registry subsidiary has signed a Memorandum of Understanding (MOU) in Mexico to develop a digital land records platform. The news was revealed in a press release published by Nasdaq on Feb. […]
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Venezuela releases new rules on crypto assets, which include obligatory registration for all crypto exchanges and miners. Venezuela’s new crypto bill, which establishes а legal framework for the industry, officially came into force on Jan. 31. The decree was published in the government’s official media outlet, Gaceta Oficial. The set of rules for miners, crypto […]
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Major global banking payments network SWIFT announced its collaboration with R3. On Jan. 30, major global banking payments network SWIFT announced it plans to launch a proof-of-concept (PoC) of a gateway — titled GPI Link — that will allow blockchain software firm R3 to connect to SWIFT’s Global Payments Innovation (GPI) payments from its platform. […]
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Despite the bear market, some coins are still managing to outperform the overall trend. Although Bitcoin (BTC) has managed to maintain its dominance throughout the bear market, we are seeing some major cryptocurrencies outperform it. This shows that the market has started to favor some coins and disregard the others. We believe that some cryptocurrencies […]
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The International Monetary Fund claimed that the growth of blockchain in Malta has created major risks of money laundering. Last week, the International Monetary Fund (IMF) claimed that the growth of blockchain in Malta has created major risks of money laundering and terrorism financing in the island’s economy, as per the local media. Malta is […]
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Institutions like Fidelity have not shelved their crypto plans completely, and are moving ahead with trading and custody projects. 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 when making […]
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The Food and Drug Administration of the Chinese Chongqing Yuzhong District is set to employ blockchain technology. The Food and Drug Administration of the Chinese Chongqing Yuzhong District is going to apply blockchain technology to its operations, the official newspaper of the Chinese Communist Party, The People’s Daily, reports on Jan. 31. Blockchain will purportedly […]
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Fidelity’s cryptocurrency trading and custody platform has purportedly entered the “final testing” stages. American financial services giant Fidelity said that its cryptocurrency trading and custody platform is in the “final testing and process refinement periods” in a Medium blog post on Jan. 31. Per the announcement, the firm is currently providing services to a small, […]
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