Facebook is reportedly seeking a New York BitLicense to comply with state regulations pertaining to Libra. Social media giant Facebook has applied for a cryptocurrency business license to use its announced virtual currency Libra in New York, according to a report by Reuters on June 28 New York requires a special license for crypto operations […]
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73% of Chinese enterprise employees believe that blockchain is a top-five strategic priority, Big Four audit firm Deloitte found. As much as 73% of Chinese enterprises believe that blockchain is a top-five strategic priority, according to a report by Big Four audit and consulting firm Deloitte released on June 27. In the report, titled “Deloitte’s […]
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Support at $12,000 failed to hold over the weekend, with sentiment now preferring a roughly 40% retracement. Bitcoin (BTC) led major cryptocurrencies on a fresh downward spiral July 1 after markets halted support above $12,000. Market visualization courtesy of Coin360 Data from Coin360 shows bitcoin has lost its grip on the $11,000 mark as of […]
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Facebook has removed ads for a bitcoin scam that claimed to have the approval of the crown prince of Abu Dhabi. Facebook has removed ads for a bitcoin (BTC) scam that masqueraded as posts by the crown prince of Abu Dhabi, UAE news site The National reports on June 30 According to the report, a […]
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The R&D branch of the Reserve Bank of India is developing a blockchain platform. The Reserve Bank of India (RBI) is developing a blockchain platform for banking in its R&D branch, according to a report by BusinessLine on June 28 The blockchain platform will reportedly host a number of blockchain applications, and is slated to […]
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The trading guru says this year’s moonshot for bitcoin will not spark a knock-on effect for altcoin markets. Bitcoin (BTC) will continue to grow but altcoins will not feel the benefits, veteran trader and author Peter Brandt predicted in a new market forecast on June 27. Writing on social media, Brandt, who has become a […]
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Ireland-based cryptocurrency exchange Bitsane has apparently vanished, taking as many as 246,000 users’ crypto deposits with it. Ireland-based cryptocurrency exchange Bitsane has apparently vanished, taking as many as 246,000 users’ crypto deposits with it. The news was reported by Forbes on June 27. Launched in 2016, Dublin-registered Bitsane LP was formerly listed as one of […]
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Mosques’ free electricity make them an attractive option for miners keen to limit the pain of economic hardship. Iranian bitcoin (BTC) miners are moving into mosques as the government launches an energy crackdown, social media users revealed on June 25. Iran, which offers free energy to mosques, now has around 100 miners occupying places of […]
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Bitcoin premabulls the Winklevoss Twins have seen their fortune soar 120% since January to hit a combined $1.45 billion. Tyler and Cameron Winklevoss, bitcoin (BTC) bulls and founders of the Gemini crypto exchange, have seen their fortune more than double to hit a combined $1.45 billion following the fresh crypto market surge. Bloomberg reported the […]
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Founded in 2013, major crypto prices data provider CoinMarketCap announced its first acquisition of Hashtag Capital. CoinMarketCap, a major source of prices and volumetric data on crypto markets, has revealed plans for its first-ever acquisition in a press release shared with Cointelegaph on June 26 The United States-based company is acquiring electronic crypto trading fund […]
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