With USDT’s volume up 32,769 times since 2017, and BTC trade having increased by 468 times, what is the crypto market outlook? With increasing speculation in the crypto community that cryptocurrency markets are on the cusp of the next major bull season, it can be easy to lose sight of the maturation that the crypto […]
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As the FCA looks to shake things up under their new AML regime, how will the U.K. and the global cryptocurrency industry react? The Financial Conduct Authority (FCA) is now the United Kingdom’s sole Anti-Money Laundering (AML) authority for the crypto business. After a decade of compliance under a laissez-faire approach to AML legislation, U.K.-based […]
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A partnership with merchant gateway Cryptobuyer sees the first Burger King restaurant begin taking six cryptocurrencies, with others to follow this year. Bitcoin (BTC) has come to Burger King in Venezuela as a new partnership opens up cryptocurrency payments at the fast-food chain. Confirmed in a tweet on Dec. 30, a single Burger King branch […]
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Researchers have published a new report on what they say is a “relentless” crypto mining botnet that lurks behind seemingly innocuous content like JPEG images of Taylor Swift. Researchers have published a new report on what they deem to be a “relentless” crypto mining botnet that lurks behind seemingly innocuous content such as JPEG images […]
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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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What does the blockchain technology have in common with the invention of the internet and its mass adoption? When the internet was a fledgling technology, there was a lot of uncertainty. Some people thought it would amount to nothing. Clearly, they were wrong. Today, the internet is a massive, global necessity. The internet has enabled […]
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What’s the right approach to privacy that will allow crypto to best navigate regulation? Bitcoin (BTC) and cryptocurrencies are causing some confusion for regulators globally. Designed usually as peer-to-peer payment platforms, cryptocurrencies seek to improve trust, security and privacy by significantly reducing or eliminating third parties. However, by connecting users directly, cryptocurrencies make regulatory oversight […]
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Auditing giant EY launched OpsChain Public Finance Manager, a blockchain platform for tracking public funds aiming to enhance transparency. Big Four auditing firm Ernst & Young (EY) has launched a blockchain platform for public funds meant to enhance transparency. Technology news outlet Verdict reported on the launch on Oct. 16. The OpsChain Public Finance Manager […]
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As the deadline for the so-called travel rule looms, crypto exchanges and issuers are responding to the pressure. Regulators are clamping down on cryptocurrency, and companies around the world are feeling the strain. In late June, one of the most authoritative regulatory organizations worldwide, the Financial Action Task Force (FATF), issued new guidelines on how […]
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The threat of an XRP fork is looming over Ripple, the San Francisco-based startup behind the third-largest asset on the crypto market… The threat of an XRP fork is looming over Ripple, the San Francisco-headquartered startup behind the third-largest asset on the cryptocurrency market. Twitter user @Crypto_Bitlord, who has over 100,000 followers and claims to […]
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