The Swiss Financial Market Supervisory Authority warned that blockchain tech increases the risk of money laundering in the country. The Swiss Financial Market Supervisory Authority (FINMA) warned the country that Switzerland is particularly prone to money laundering risks for reasons including the use of blockchain technology. In its first-ever yearly risk monitor report — published […]
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Ticketmaster discusses plan to use smart contracts to support millions of tickets on stage at ELEV8CON. Speaking at Elev8CON in Las Vegas on Dec. 9, Ticketmaster’s vice president of blockchain products Sandy Khaund discussed the value smart contracts can bring to the ticketing industry, a market expected to reach over $6.23 billion by 2025. Khaund […]
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Dubai-based crypto futures exchange BTSE plans to host the first-ever native exchange token sale based on Blockstream’s Bitcoin sidechain, the Liquid Network. Multi-currency and spot/futures exchange BTSE plans to host the first-ever native exchange token sale based on a Bitcoin (BTC) sidechain. The exchange seeks to raise $50 million, Finance Magnates reports on Dec. 10, […]
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Ethereum completes the Istanbul hard fork, analysts warn “the halvening” will be a non-event, and research suggests crypto will replace fiat by 2030. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much […]
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Countdown to Ethereum’s Istanbul Hard Fork continues, with only 1,000 blocks remaining before the network overhaul. As of press time, Ethereum has passed block #9068000, putting it within 1000 blocks of the scheduled Istanbul hard fork, which should take place at around 23:30 UTC. The much-anticipated shift to Istanbul will be the Ethereum network’s first […]
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Komodo developers claim that it has created an implementation of its AtomicDEX that runs a full P2P node in the user’s web browser. The developers of privacy-centric blockchain Komodo claim that it has created an implementation of its AtomicDEX that runs a full peer-to-peer (P2P) node in the user’s web browser. Komodo developers wrote in […]
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Brave’s daily active users have tripled in 2019 to reach 3.3 million, while the number of verified publishers recorded a 12x increase. Privacy-oriented blockchain web browser Brave has seen its monthly active users (MAU) almost double from 5.5 million in 2018 to 10.4 million in 2019. At the same time, Brave’s daily active users (DAU) […]
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The benefits associated with stablecoins pale in comparison to their risks and challenges, according to a new statement from EU authorities. No global stablecoin project will begin operation in the European Union (EU) until the associated risks to monetary sovereignty are addressed, according to EU authorities. In a joint statement adopted by the Council of […]
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OneConnect, the financial technology subsidiary of Chinese insurance giant Ping An, is seeking a $500 million IPO. OneConnect, the financial technology subsidiary of Chinese insurance giant Ping An, has updated its filing for an initial public offering (IPO) with the United States Securities and Exchange Commission (SEC). According to an F-1 filing dated Dec. 2, […]
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Major South Korean cryptocurrency exchange Upbit has lost 342,000 ETH. All users will soon be reimbursed with corporate funds. On Nov. 27, major South Korean cryptocurrency exchange Upbit announced that 342,000 Ether (ETH), accounting for roughly $50 million, were stolen from its hot wallet earlier that day. Details remain vague, and some users are suggesting […]
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