Blockchain’s richest are becoming regular features in world-renowned wealth reports. The rise of blockchain technology and cryptocurrencies have made many people rich, but the world’s smartest entrepreneurs in the space are beginning to make waves among the world’s richest conventional business minds. The Hurun Research Institute released its annual China Rich List on October 10. […]
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Stellar sees momentum this week, as controversial stablecoin Tether briefly loses its U.S. dollar peg. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market […]
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Fiat deposits are available on Bitfinex, but rumors about its insolvency haven’t been fully dispelled. On October 8, Hong-Kong-based exchange Bitfinex has announced that it is not under the immediate threat of insolvency and the related rumors are unsubstantiated, as well as false. According to the company’s press release, all cryptocurrency and fiat withdrawals are […]
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We know that stablecoins are backed by something. It’s time to learn how they are backed. Stablecoins have been making the headlines in recent months, attracting big investors, tempted by the allure of a on ‘non-volatile’ cryptocurrency. At first, we usually pay attention to the backing connection, in other words, to the coin’s stabilizing mechanism. […]
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Major Chinese mining hardware manufacturers could fall under new U.S. tariffs on Chinese-manufactured goods, reaching as high as 25 percent. Major mining hardware producers, such as Bitmain, Canaan and Ebang, could be affected by recently imposed U.S. sanctions on Chinese goods, Hong Kong’s English-language newspaper South China Morning Post (SCMP) reports Tuesday, Oct. 16. Analysts […]
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Stablecoin Tether has dipped below its 1:1 ratio with the US Dollar after a year of uncertainty regarding its fiat currency reserves. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. Tether, a cryptocurrency that has long been […]
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China’s first crypto exchange BTCC, formerly known as BTC China, is set to launch trading services in South Korea in November. China’s first Bitcoin (BTC) exchange BTCC, formerly known as BTC China, is set to launch trading services in South Korea, Korean business outlet The Investor reported yesterday, October 16. BTCC, which presently has headquarters […]
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Crypto exchange Bitfinex has reportedly moved its banking business to Hong Kong through a private account at Bank of Communications. Cryptocurrency trading platform Bitfinex has reportedly shifted its banking business to the Hong Kong-based Bank of Communications, the Block reported Oct. 16. A source familiar with the matter reportedly said that Bitfinex appears to be […]
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Major crypto exchange Bitfinex has introduced an “improved” fiat deposit system shortly after temporary suspension last week. Major crypto exchange Bitfinex has introduced an “improved” fiat deposit system, shortly after temporary suspension of deposits last week, according to an official blog post Tuesday, Oct. 16. Last week, on Oct. 11, Bitfinex temporarily halted fiat deposits […]
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Japanese messaging giant LINE’s LINK token has received its first exchange debut on its in-house trading platform BITBOX. Japanese messaging app provider LINE Corporation announced that its newly-developed LINK (LN) token is now tradeable on its native BITBOX cryptocurrency exchange in a press release Tuesday, October 16. LINE, which launched BITBOX in July, will offer […]
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