FTX And Alameda Ramp Up Liquidations; Almost $100 Million In Assets Sold In Just One Month

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EOS up by 9% as SEC fines Block.One $24 million

In the latest press release shared by the United States’ Securities and Exchange Commission, blockchain-based company and creator of EOS, Block. One, is obligated to pay a penalty of $24 million.

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TechCrunch Founder Praises Ripple After Sending XRP Worth $50 Million in 2 Seconds Spending only 30 Cents

Love it or hate it, it’s just not possible anymore to dismiss the influence of Ripple and XRP on the global payment industry. That’s exactly the sentiment one can infer from TechCrunch founder Michael Arrington’s recent remark that it is possible to move XRP worth $50 million in only two seconds, and that too at […] TechCrunch Founder Praises Ripple After Sending XRP Worth $50 Million in 2 Seconds Spending only 30 Cents was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

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Michael Arrington Moved $50 Million USD Worth of XRP In 2 seconds Spending Just 30 Cents in Fees

Despite being perhaps one of the most controversial projects within the crypto-verse, Ripple continues to demonstrate that it is a quality blockchain with practical uses not only for the future but also for the present.

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Bitcoin Magazine Week in Review: Stablecoins Take the Spotlight

With the exception of the SEC’s FinHub announcement, it has been a quiet week for regulatory news — something we’ve been getting a lot of recently as U. S. officials clamp down on unscrupulous coin offerings and crypto companies.

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New York City Mansion Hits the Market for Either Cash or Bitcoin

A 10,720-foot mansion next to Manhattan’s Riverside Park is on the market for $15. 9 million dollars. The buyer is open to accepting cash or Bitcoin from a buyer. After a five-year renovation project, Roy Niederhoffer is now reluctantly placing his 10,720-foot mansion on the market for $15.

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Ethereum Developer Activity Continues, 5th Fastest Growing Project on GitHub

Ethereum is one of the fastest growing open source projects on GitHub. At the moment there are 96 million projects and 27 million software developers on the code repository. With this innovation taking place in this network, Ethereum is one of the most active projects on GitHub.

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North Korean Hacking Group Lazarus Behind $571M in Hacks Since January 2017

North Korean cybercrime hacking group The Lazarus Group is currently the biggest crypto hacking syndicate in the world, having stolen millions worth of cryptocurrencies from online exchanges.

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U.S. Marshals to Auction Off $4.3 Million in Bitcoin

The U. S. Marshals agency has announced plans to auction $4. 3 million worth of bitcoin (BTC) in November 2018. The sealed bid auction is for nearly 660 bitcoins which were seized in a series of federal criminal, administrative and civil cases over the years.

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Otoy Blockchain: World’s Largest Cloud Rendering Network

Here’s a fun bit of trivia: which company runs the largest cloud computing network for rendering graphics? Is it Pixar, whose 24,000-core-data center qualifies as one of the world’s top supercomputers? Or Amazon Web Services, with an estimated 4.

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With New Exchange Listings and Demand, New Stablecoins See Pegs Broken

Fresh on the market, the industry’s newest batch of stablecoins is having trouble striking a price balance. Amidst news of listings on Huobi and OKEx, two of the industry’s largest exchanges, TrueUSD (TUSD), Gemini USD (GUSD), the Paxos Standard (PAX) and Circle’s USD Coin (USDC) have all risen well above their pegs.

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Why Fidelity Just Removed a ‘Huge Obstacle’ to Investing in Cryptocurrencies

Here is why the cryptocurrency space was largely “impressed” by Fidelity Investments announcing it will offer its 27 million customers a way to store and trade digital currencies.   Fidelity Unveils ‘Fidelity Digital Assets’ Currently, Fidelity manages $7.

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Reshape Blockchain Security With BlockSafe Technologies - [BTC Media Sponsor]

In today’s rapidly advancing world of blockchain innovation, it’s no secret that cryptocurrency wallets, exchanges and enterprise platforms are targets for nefarious activity.

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BlockFi Now Offers Litecoin and Gemini Stablecoin-Backed Loan Options

Crypto-to-USD lender BlockFi has announced that it will support loans backed by both Litecoin and Gemini’s recent stablecoin token GUSD. This is the first time the company is expanding to accept collateral in one of the crypto industry’s top-10 assets besides bitcoin and ether.

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Blockfolio: Cryptocurrency App Raises $11.5 Million in Series Funding From Notable Investors

If the lineup of its investors measures the success of a start-up, then Blockfolio, a start-up that developed an app that tracks crypto portfolio, is in the right direction. Blockfolio reported on Oct.

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Fidelity Will Open Cryptocurrency Trading to Its 27 Million Customers

On the heels of a massive 10% price jump in Bitcoin (BTC) and after a rocky week for the stock market, Fidelity has announced plans to store and trade digital currencies for their institutional clients.

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Russian Church Docked $15,000 for Illegal Bitcoin Mining

A local utility company in Russia ordered a church to pay higher electricity rates, in line with Russia’s existing legislation. Church Forced to Pay Higher Electricity Tariff An Evangelical Church in Irkutsk, Russia, which carried out illegal Bitcoin mining, has been asked to pay a one million rubles fine, equivalent to $15,000.

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Oklahoma Officials Arrest 2 Men Suspected of Masterminding a $14-Million SIM Swap Cryptocurrency Heist

Cryptocurrency-related crimes are closely resembling those drawn out of a James Bond movie script. In late September, Oklahoma officials arrested two men, 21-year-old Joseph Harris and 23-year-old Fletcher Robert Childers, for allegedly stealing around $14 million using SIM-swapping methods from Crowd Machine, a blockchain firm.

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Ecommerce is ignoring people with disabilities — here’s how it should change

In a time where a million different worthy causes are vying for our attention online, it’s impressive to note that World Wildlife Fund of Canada recently pulled off one of its most successful fundraisers of all time, bringing in over $21 million in revenue for the year.

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Bithumb Sells $350 Million Stake in Its Cryptocurrency Exchange to a Blockchain Consortium

Bithumb, one of the most important exchanges in South Korea, has sold almost 40% of its shares to a blockchain consortium, in what aims to be a strategy to regain its strength within the Asian market.

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Bahrain Are Setting Up For A Crypto Adoption Overhaul

The Kingdom of Bahrain is an island nation of the Middle East. Home to around 1. 23 million people and a very forward thinking population. Interestingly, Bahrain has a very powerful political position as a result of its location, therefore, cryptocurrency adoption in Bahrain could turn out to have a very significant impact.

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Crypto Exchange Bithumb Sells Stake for $354 Million to Plastic Surgeon-Led Investment Group

Korean cryptocurrency exchange Bithumb, the largest in the country by daily trading volume, has sold a 38 percent stake in its business for $354 million to a Singaporean investment group, reported Reuters on October 12, 2018.

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Coinbase Ditches Its Index Fund in Favor of a New Retail Feature

Coinbase – one of the largest digital currency exchanges in the U. S. – is nixing its index fund designed for accredited investors and shifting its focus to a new retail product, The Block reportshttps://theblockcrypto.

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Singapore-based Blockchain Consortium Buys Majority Share in Bithumb

Singapore-based BK Global Consortium has paid 400 billion won (approximately $350 million) for a majority stake in South Korean Bithumb, the world’s third-largest cryptocurrency exchange, according to a local news outlet.

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Coinbase Has Just Added ZRX, Its First ERC-20 Token

Making good on a promise it made back in March of this year, Coinbase has just added its first ERC-20 token. ZRX, the token of the 0x (pronounced “zero x”) protocol began trading on Coinbase Pro (formerly GDAX), the exchange’s professional trading platform, on October 11, 2018.

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Crypto Cybercrime Has Tripled Since 2017; Nearly $1 Billion Lost in 2018

Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018.

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TRON Mainnet Archives 3 Million Block Height In Just 109 Days After Launch

TRON has given the crypto community all the reason to believe that it is one of the best assets in the business. The MainNet launch of TRX marked the independence of the altcoin has greatly been a turnaround for the cryptocurrency in the space as the altcoin continues to get praises and at the same […]

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Superstar plastic surgeon buys major South Korean cryptocurrency exchange

Just weeks before regulators decide the fate of domestic initial coin offerings (ICOs), one of South Korea’s largest cryptocurrency exchanges is changing hands. A consortium led by a superstar plastic surgeon has just bought a controlling stake in Bithumb for $353 million.

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“This Isn’t How We Saw This Going”: Civil’s Token Sale Is Treading Water

Despite a flurry of media attention surrounding the project, Civil, an Ethereum-based platform aiming to save journalism, can’t seem to get enough buyers for its token.

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Has Bitcoin (BTC) Finally Succumbed To Stock Market Pressure?

Bitcoin (BTC) held its ground when the stock market plunged deep into the red yesterday. Both the S&P 500 and Dow Jones Industrial Average registered significant drops. However, Bitcoin (BTC) remained unaffected by it.

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Buterin Tells All On How Much ETH He Owns

The founder of Ethereum, Vitalik Buterin has just revealed how much Ethereum he actually owns. In a recent tweet, Buterin responds to accusations by an economist at NYU and crypto critic Nouriel Roubini (also known as Dr Doom) who has claimed that Buterin is a scammer and a thief.

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China’s ‘barrage videos’ are chaotic af — and say a lot about loneliness

Ideas are mysterious things. Sometimes the worst ones smell like solid gold, sometimes the profit-driving powerhouses masquerade as giant turds. Telling the difference, it seems, takes a certain measure of psychotic genius.

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One Big Backer Is Propping Up Media Startup Civil's Struggling ICO

The token sale for Civil has brought in $1.34 million toward its $8 million minimum goal.

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Blockchain Business in Crypto Valley Has Doubled Since Last Year: Report

The number of blockchain-related companies in Switzerland and Liechtenstein has doubled in the last year, according to a new study published by CV VC. The Zug-based firm, in partnership with Strategy& (PwC’s global consulting arm) and inacta, compiled information about the top 50 blockchain and digital asset companies between the two countries.

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Binance Removes CHAT, ICN, BCN & TRIG From Listing

Binance has removed four digital currencies from its listing which has left them crashing down in the ranks. As of yesterday, 9th October, one of the biggest and most popular cryptocurrency exchanges from around the world, Binance has announced that four tokens are going to be removed from the platform until further notice.

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TRON Still Best Performer Against BTC, XRP & ETH

In recent months, TRON has seen some slight upward movement and currently sits at number eleven on the top 100 cryptocurrencies on CoinMarketCap. September is where TRON really found its legs as it was listed on the Crypto Exchange Platform.

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Under What Circumstances Would Bitcoin Adoption Decrease its Value?

Will Bitcoin Adoption Decrease its Value? A mathematical concept, called the Quantity Theory of Money, suggests that mass adoption of bitcoin could decrease its value – even if one of the values is fixed at 21 million.

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Unlocking the Full Potential of IoT Farming - [BTC Media Sponsor]

You don’t need to be an agriculture expert to see the writing on the wall. Current farming methods just aren’t working anymore for most farmers of the world. There are 2 billion smallholder farms managing fewer than five acres (PDF).

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Chinese and US Investors Team Up to Create a Global Crypto Investment Fund

The latest crypto investment fund on the block is Dragonfly Ventures, a $100 million traditional venture fund investing only in crypto assets, managed by partners Alexander Pack from Bain Capital Ventures and Bo Feng, founding partner of Ceyuan Ventures.

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Online Automotive Parts Retailer Newparts Now Accepts Bitcoin Cash

Online automotive parts store, Newparts, said on Monday that it will start accepting payment in seven cryptocurrencies, including bitcoin core (BTC) and bitcoin cash (BCH). The U. S. dealer, which has a catalog of over one million parts, says cryptocurrency will enable it to expand its international reach.

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Bitfinex Challenges Insolvency Rumors, Provides Proof of Wallet Reserves

Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent.

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UK's Oldest Crypto Exchange Prepares for Employee Layoffs

In what may be a sign that business in the cryptocurrency space is in a winding down phase, U. K. -based bitcoin exchange Coinfloor is bidding adieu to half of its staff.

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Yale University in on $400 Million Paradigm Crypto Fund – Will Others Follow?

America’s third-oldest educational institution, Yale, is reportedly one of the investors in the Paradigm cryptocurrency fund started by Coinbase co-founder Fred Ehrsam. Paradigm, also founded by Sequoia Capital partner Matt Huang and Charles Noyes, previously of Pantera Capital, has raised $400 million.

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Binance to Make Listing Fees Transparent, Give Proceeds to Charity

Binance, the largest cryptocurrency exchange by trading volume, said that it will make new cryptocurrency listing fees transparent and donate 100 percent of those fees to charity.

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PwC and Cred Partner to Develop Cryptocurrency Trading Technology

Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.

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PwC and Cred Partner to Promote Cryptocurrency Trading Technology

Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.

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XLM Could Soon Surge As It Partners With Multi-Billion Dollar Company

The importance of tokenising one of the most valuable sectors, which has raised several wealthy billionaires aside the technology sector, the real estate sector is getting its feet. “Recently, a Manhattan property real estate established tokenised their real estate properties through a launch of $30 million fundraising in the Ethereum blockchain.

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Bitcoin Scam Results In A €31 Million Loss

One of the leading countries in the world, famous for the finest wines and cheeses, home of the Eiffel Tower, la France, has been in the news recently but not for the right reasons. The country hasn’t made a stance on where it’s at with cryptocurrency but some of its citizens have been victims of a recent Bitcoin scam according to a recent news report.

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Stellar [XLM] Could Soon Moon As ‘Smartlands’ Partners with multi-billion dollar Real Estate Company

The importance of tokenizing one of the most valuable sectors which has raised many billionaires aside the technology sector, the real estate sector is gaining ground. Few days ago, manhattan property a real estate established tokenized their real estate properties through a launch of $30 million fund raising in the ethereum blockchain.

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