Not everyone accepted the idea that TRON’s six-month race to 1 million meant it had ‘beaten’ Ethereum, which took 18 months. Blockchain protocol TRON (TRX) has passed one million user accounts, data revealed Dec. 23, as executives continue their criticism of rival Ethereum (ETH). Statistics from the TRON blockchain uploaded to social media by Misha […]
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EOS has topped the list of China’s most respected cryptocurrencies despite facing controversy over centralization. China has released its latest government-sponsored rankings of major cryptocurrencies, placing Bitcoin (BTC) in 18th while awarding the top spot to domestic blockchain platform EOS (EOS). The rankings were released in a press release on Dec. 21. China’s Center for […]
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VCTRADE, the cryptocurrency exchange owned by Japanese financial giant SBI Holdings, started accepting crypto deposits. VCTRADE, a crypto exchange recently launched by Japanese financial giant SBI Holdings, has implemented Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) deposits. The company has revealed this in a press release published Dec. 21. The announcement further notes that the […]
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New research reveals the scope of crypto pump-and-dump schemes. The Social Science Research Network (SSRN) recently published research studying the phenomenon of pump-and-dump groups within the crypto community. The paper — conducted by seven academics from Tel Aviv University, the University of Tulsa and the University of Mexico — concluded that “regulators should be very […]
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Cryptocurrency mining hardware producer Ebang has suffered “significant decreases” in revenue in the second half of 2018. Ebang, a crypto mining ASIC hardware producer, has suffered “significant decreases” in revenue in the second half of 2018. This development was reported in documents submitted by the company to the Hong Kong Stock Exchange (HKEX) on Dec. […]
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CEO Brian Armstrong is the first crypto entrepreneur to join billionaire-backed charity program The Giving Pledge. Coinbase CEO Brian Armstrong has become the first crypto entrepreneur to join billionaire-backed charity program The Giving Pledge, CNBC reports Friday, Dec. 21. Founded by moguls Bill Gates and Warren Buffett, the Giving Pledge campaign is now for the […]
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Ledger signed an agreement with a Hong Kong-based crypto payment startup that will allow its clients to pay for its products with digital currencies. Crypto hardware wallet supplier Ledger has signed an agreement with crypto payment startup Crypto.com to allow users to pay for its products with crypto, according to a press release shared with […]
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A new study has identified 4,818 cryptocurrency pump-and-dump groups on popular messaging apps Telegram and Discord. There are thousands of pump-and-dump groups on popular messaging apps, a study conducted by the Social Science Research Network (SSRN) revealed Dec. 18. Pump-and-dump is the fraudulent practice of perpetrators encouraging unwitting investors to buy an asset to inflate […]
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The Irish High Court has ruled that a convicted man’s crypto, which was discovered after the initial investigation and sentencing, could be confiscated as “proceeds of a crime.” Ireland’s High Court has ruled that 25,000 euro in cryptocurrency held by a man in prison is considered “the proceeds of a crime,” the Irish Times reported […]
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German state-owned bank KfW will trial its blockchain-driven app in Burkina Faso, where it also funds water supply and sanitation programs. Germany’s major state-owned bank KfW and Burkina Faso’s Ministry of Finance will test a blockchain application for use in public financial management, according to a statement posted Monday, Dec. 17. KfQ, ranked in 2017 […]
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