The information in the report appears to confirm what many in the industry already believed to be true. A new report from investment firm Wilshire Phoenix claims that the Chicago Mercantile Exchange’s, or CME’s, cash-settled Bitcoin futures trading products affect Bitcoin’s price even though they do not directly involve actual real Bitcoin (BTC). “The findings […]
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Blockchain-based apps used to store COVID-19 data may not be as private as they seem. New procedures are being implemented as the world slowly begins to reopen amid the ongoing COVID-19 pandemic. While temperature checks and mandatory face masks have become the new normal, the world is also witnessing the rise of digital health apps, […]
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More regulation is coming, and it will be costly, but compliance can also expand an exchange’s customer base. Crypto intelligence firm CipherTrace released a study on Oct. 1 reporting that more than half of the world’s cryptocurrency exchanges had deficient customer identification processes in place against money laundering. On the same day, the United States […]
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“The small IP space/access to the internet in the DPRK, as well as its less connected nature to global/online systems, arguably offers it an asymmetric advantage in relation to cyber operations.” The Democratic People’s Republic of Korea is widely considered to be a state sponsor of cryptocurrency hacking and theft. While multiple United States presidents […]
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The new office will reportedly serve as a new hub for crypto traders in Asia and Oceania. One of the world’s oldest crypto exchanges now has an office in Singapore. According to an Oct. 8 announcement from OKCoin, the exchange is opening its doors to crypto traders in Singapore five months after getting the appropriate […]
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Tripadvisor experience marketplace Viator has partnered with ShareRing to facilitate payments and store travelers sensitive information. Australian-based blockchain company ShareRing has partnered with Tripadvisor experience marketplace Viator to allow users to pay for almost 400,000 tourism experiences with a variety of cryptocurrencies. The ShareRing platform, built on Tendermint, will allow users to book, register, and […]
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Xfers believes it’s time other national currencies received a piece of the action too. Singapore-based payments company Xfers announced on Monday the official release of its XSGD stablecoin, pegged to the Singapore dollar. The stablecoin would be one of the first SGD-denominated tokens, giving Singapore businesses and individuals a way to transact with crypto backed […]
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COVID-19 has forced businesses around the world to adapt to new ways as crypto companies embrace the “decentralized normal.” 2020 will forever be remembered as the year of COVID-19, but there is no telling what the long-lasting effects of the pandemic will be on the global economy. Around the world, countries have been forced to […]
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Crypto depends on the ability of regulators to create a framework that protects consumers and makes investing in crypto more welcoming. The basis of any exchange of value is trust. The more two parties trust each other, the more they will feel confident engaging in transactions. Not just engaging in a high volume of transactions, […]
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Historically, digital art has been almost impossible to monetize. Blockchain technology can solve that problem. On Sept. 23, auction-house giant Christie’s announced plans to sell its first nonfungible token, or NFT, at an auction. This was just one week after the record-setting $100,000 sale at auction of a digital art piece that also used a […]
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