Italian securities regulator Consob is shutting down 8 FX and crypto websites for providing illegal products and services. Italy’s securities regulator has shut down six foreign exchange websites and two crypto investing and derivative trading sites. According to Finance Magnates’ Feb. 10 report, the Commissione Nazionale per le Società e la Borsa (CONSOB) has accused […]
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Italian crypto exchange Altsbit announced that it will close in May 2020 after losing about $70,000 in a hack on Feb. 5. Altsbit, a small cryptocurrency exchange that lost “almost all funds” in hack on Feb. 5, will shut down its services in May 2020. After Altsbit first reported on the hack on Twitter on […]
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Electronic voting is gaining more trust and becoming more secure and reliable through emerging blockchain technology. E-voting is gaining its place in the growing discussion over the use of blockchain. In our view, when technology addresses such socially sensitive issues, values step forward to the fore, together with the differences and clashes that they imply. […]
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The Commission de Surveillance du Secteur Financier of Luxembourg has spotted another unregistered crypto company. Major European financial regulator, Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF), has spotted another unregistered crypto company. The firm, Crypto Bull, operating under the url crypto-bull.io, claims to be based in Luxembourg while it does not have permission to […]
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Government agencies, sports franchises and mainstream exchanges are first real-world adopters of the popular “pure proof-of-stake” Algorand blockchain. Algorand officially unveiled a suite of new features to its pure-proof-of-stake network at the end of November, dubbed Algorand 2.0. The latest suite of technical innovation by the emerging “frictionless finance” network, the upgrade encompasses the official […]
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As India’s Supreme Court inches closer to giving its final verdict on RBI’s crypto ban, experts believe the judgment will favor crypto. Following the session that took place last August, a three-judge panel from India’s Supreme Court reconvened once again this week to discuss the much-hyped Crypto v. RBI case. During the last hearing, the […]
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Swiss-based crypto bank Seba is targeting more than $95 million in a second capital raise. Seba, a young Swiss-based digital asset bank holding regulatory licensing, looks to attempt a secondary capital raise to garner over $95 million in additional funds. During the raise, Seba aims to secure 100 million Swiss francs, equivalent to $96.5 million, […]
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Switzerland-based cryptocurrency bank SEBA has rolled out its services to clients in nine new countries. Switzerland-based cryptocurrency bank SEBA has expanded its services to nine new countries. According to Finance Magnates on Dec. 12, SEBA revealed that accounts are now fully operational for institutional clients and accredited investors in Singapore, Hong Kong, the United Kingdom, […]
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Sports teams like Juventus are now using the power of the blockchain technology to connect with fans. On Dec. 2, Italian soccer giant Juventus revealed that the long wait for its much-hyped fan token had finally come to an end. In regard to the matter, news of the deal first came to light back in […]
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Mixed performance over the weekend nonetheless failed to inject volatility into Bitcoin markets, with attention now focusing on preserving support at $7,400. Bitcoin (BTC) fluctuated around $7,500 on Dec. 9 after a weekend of range-bound movement reduced volatility concerns for traders. Cryptocurrency market daily overview. Source: Coin360 Bitcoin delivers classic futures “bounce” Data from Coin360 […]
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