The prerequisites and aftermath of the Supreme Court decision regarding crypto exchanges accounts. On Monday, Dec. 4, the Chilean Supreme Court welcomed the decision of state-owned Banco del Estado to close the accounts of local cryptocurrency exchange Orionx. The new phase in the legal battle between the banks and several crypto exchanges — including Buda.com […]
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EOS’ governance model has attracted another round of criticism. This week, the EOS blockchain protocol angered decentralization proponents yet another time. Specifically, Starteos, one of EOS’ officially sanctioned Block Producers (BPs), appeared to publically offer its token holders financial rewards in return for their votes. Starteos’ vote-buying tendencies seem to fall in line with previous […]
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The U.S. SEC’s move to fine celebrities for fraudulent ICO advertising tells a cautionary tale to investors and would-be advertisers. Like many different industries, Hollywood’s involvement with cryptocurrencies and Initial Coin Offerings (ICO) has become a reality and a number of celebrities have looked to capitalize on the surge in interest and potential money to […]
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Starteos has pledged to reward users financially with the implication they would vote for it as an EOS Block Producer. Yet another aspect of blockchain protocol EOS has sparked controversy this week after one of its 21 block producers appeared to offer its token holders financial rewards for voting it as a proxy. Starteos, one […]
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BaFin, the German financial watchdog, has warned the public about a crypto offering that was allegedly operating without permission or oversight from regulatory authorities. The German Federal Financial Supervisory Authority (BaFin) issued a warning Nov. 29 that a firm called Platin Genesis DCC is not authorized or approved by the proper authorities. In the warning, […]
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The U.S. SEC has announced settled charges against Floyd Mayweather Jr. and DJ Khaled for unlawfully advertising an ICO. The U.S. Securities and Exchange Commission (SEC) has charged professional boxer Floyd Mayweather Jr. and music producer Khaled Khaled for unlawfully advertising Initial Coin Offerings (ICOs), according to a press release published Nov. 29. Per the […]
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Despite the bear market and “crypto winter,” speakers at BlockShow Asia 2018 believe this is the best time to invest in crypto and hodl. BlockShow Asia 2018 has come to an end in Singapore Thursday, Nov. 29, with most visiting experts predicting that cryptocurrencies and blockchain will fare better in 2019. According to the BlockShow […]
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TRON’s new gaming fund will inject $100 million into TRON-based projects over a three-year period. Decentralized internet protocol TRON announced its plans to launch a blockchain gaming fund dubbed TRON Arcade in a press release shared with Cointelegraph Nov. 29. TRON Arcade, which the company says is designed to “empower developers,” will see investment totalling […]
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Decentralized social networking platform Steemit has laid off over 70 percent of its staff following the recent market crash. Social networking platform Steemit is laying off more than 70 percent of its staff due to the cryptocurrency market crash, and is beginning a structural reorganization, according to a Nov. 28 video post by Steemit CEO […]
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Bulgarian Gendarmerie forces and specialized prosecutors have arrested three hackers allegedly involved in stealing $5 million in crypto. Bulgarian Gendarmerie forces and specialized prosecutors have arrested three hackers allegedly involved in stealing $5 million in crypto, Sofia-based newspaper 24 Chasa reports Monday, Nov. 26. Bulgarian police reportedly seized cryptocurrencies worth around $3 million, as well […]
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