In 2019, centralized exchanges and individual hodlers are losing record-breaking sums of digital money to hackers and scammers. Much of digital assets’ appeal stems from the fact that many of them are not affiliated with or controlled by governments, central banks or transnational corporations (at least, not yet). The price paid for the independence from […]
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Dubai-based financial consultancy firm deVere Group underscores the “justified international surge in crypto-optimism” in a new survey. 68% of global high-net-worth individuals have already invested or are planning to invest in crypto by the end of 2022, according to a survey by Dubai-based financial consultancy firm deVere Group released on May 3. DeVere group has […]
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Hong Kong’s financial watchdog secretary states that illicit crypto mining operations are subject to local trading law. The secretary of Hong Kong’s Financial Services and the Treasury has stated that crypto mining operations are regulated by local trading law. His written response to Hong Kong’s Legislative Council was published on Wednesday, April 3. The Council […]
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A purported Bitcoin millionaire, allegedly involved in a publicity stunt throwing money from a high-rise in Hong Kong, is now accused of mining-related fraud. A purported Bitcoin millionaire (BTC) who was previously involved in “making it rain cash” on the streets of Hong Kong, has reportedly been arrested for mining-related fraud, the South China Morning […]
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The financial capital of the world can afford to be picky — but does it stifle fintech innovation? Recently the New York Department of Financial Services (NYDFS) grant statewide virtual currency licenses to two applicants: stock trading service Robinhood and cryptocurrency ATM operator LibertyX. The state’s regulatory regime, commonly known as BitLicense, imposes a set of […]
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Multinational mining giant BHP conducted a joint blockchain experiment with Japanese shipper NYK and biofuel producer Good Fuels. Multinational metal and oil mining giant BHP has successfully tested blockchain in a conjoint experiment with Japanese shipping company NYK, shipping news magazine Dry Bulk reports Tuesday, Feb. 5. Sustainable biofuel company GoodFuels provided its product for […]
Continue ReadingThe U.K. Financial Conduct Authority has already closed down almost 50 crypto-related investigations, some of which hit a dead end due to lack of evidence. The United Kingdom’s finance watchdog the Financial Conduct Authority (FCA) has revealed that it is investigating 18 companies over cryptocurrency use, local daily news outlet the Telegraph reported Dec. 29. […]
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The most noticeable 2018 predictions on cryptocurrency rates, blockchain adoption and a Bitcoin ETF, which either became a reality or failed. The world of cryptocurrencies is full of prophets and predictions of all ranges, just as any other financial market in the world. 2018 jumped right in with Bitcoin (BTC) hovering around $15,000 and investors […]
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At least 340 cryptocurrency or blockchain companies were dissolved or liquidated this year in the U.K., nearly two and a half times more than in 2017. At least 340 cryptocurrency or blockchain companies were dissolved or liquidated this year in the United Kingdom (UK), British news outlet Sky News reported on Dec. 22. UK crypto […]
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Blockstream launches a fifth BTC blockchain satellite into space, and a report accuses many exchanges of wash trading. Top Stories This Week Blockchain Firm Blockstream Launches Fifth Bitcoin Blockchain Streaming Satellite Blockstream, a blockchain development firm, expanded its satellite service this week with a fifth leased satellite broadcasting the Bitcoin (BTC) blockchain to all of […]
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