2019-7-18 11:00 |
A 20-year-old college student explains how he made a business of faking trade volumes at crypto exchanges.
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0x Exchange v2.0 contract has been made aware of a potential vulnerability in its Exchange contract that was disclosed by a third party security analyst Sam Sun. The exchange contract comprises of a lot of business logic in the 0x protocol comprising of filling and canceling of orders, execution of transactions, signature validation as well […]
2019-7-15 16:38 | |
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Peter England, CEO of Rakbank, made news after he stressed that banks around the world need to support firms that are developing blockchain technology. The statement from the CEO came during an interview with a local daily, the Arabian Business.
2019-7-11 23:30 | |
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The US Security and Exchange Commission (SEC) is looking for Enterprise Level blockchain data subscription to provide clarity to a number of businesses operating in the blockchain space and many who are looking to start a business, but the lack of transaprency on the guidelines deter them from doing so. The SEC has surely made […]
2019-7-6 21:42 | |
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Not too long ago, the blockchain industry worldwide suffered from a severe lack of regulation that made it difficult to do business in several parts of the world and also stifled the growth of the industry altogether.
2019-7-5 23:47 | |
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Google‘s main business has been search, and now it wants to make a core part of it an internet standard. The internet giant has outlined plans to turn robots exclusion protocol (REP) — better known as robots.
2019-7-2 09:28 | |
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Its digital ledger, as well as encryption technology allows for the secure storage and sharing of digital currencies (cryptocurrency). Blockchain is beneficial to the mining industry because it provides transparency and security in transacting business, changes made in documents, designs and other aspects of any transaction.
2019-6-30 00:21 | |
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Ripple is implementing an expansionist strategy that has not gone unnoticed in the business world. After announcing the opening of offices in Brazil, the company has made clear its intention to become the leading company.
2019-6-21 20:40 | |
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One of the Big Four financial auditing and business services firms, PwC, wants to lend a hand to cryptocurrency businesses and help them keep track of their blockchain transactions. In an announcement released yesterday, PwC says the addition will be made to its suite of auditing tools called Halo.
2019-6-20 14:55 | |
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By CCN Markets: Facebook’s cryptocurrency Libra is expected to change the way payments are made across the globe when it launches next year, but there’s one market that the social media giant might be giving a miss – India.
2019-6-21 13:26 | |
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By CCN Markets: Samsung Electronics vice chairman Jay Y. Lee has revealed a marked focus in future technologies – part of its 10-year strategy – with a focus on blockchain, artificial intelligence (AI), and 6G.
2019-6-21 13:08 | |
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By CCN Markets: A gang in India’s Madhya Pradesh state which scammed U. S. citizens hundreds of thousands of dollars through Bitcoin and other methods has been busted and its members arrested. The gang which ran its operations out of a call center is estimated to have made around $1.
2019-6-14 15:07 | |
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By CCN: Short seller Jim Chanos has criticized the quality of the cars leaving Tesla plants, reportedly saying they are “poorly made. ” The Tesla bear, who profited handsomely from shorting Enron in 2001, also claimed the electric vehicle company’s products are mainly popular with those living on the U.
2019-6-7 21:00 | |
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By CCN: According to Wei Zhou, the chief financial officer at Binance, the most widely utilized crypto asset trading platform in the global market, the exchange is planning to issue a stablecoin in the upcoming months, possibly to compete against Tether.
2019-6-6 15:14 | |
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Peter Boockvar, the Chief Investment Officer of the Bleakley Advisory Group, has made some very interesting remarks on a recent interview with CNBC. According to the CIO, Bitcoin (BTC) could be used in order to inform investors who are currently worried about how the United States-China Trade War can harm their business. He talked about […]
2019-6-6 03:20 | |
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The revolt against Facebook is gathering momentum, but CEO Mark Zuckerberg can rest easy for the time being. Amid calls for more scrutiny over Facebook‘s business practices in the wake of one privacy mishap after the other, shareholders of the company made a case for Zuckerberg’s ouster as Facebook‘s chairman.
2019-6-5 09:45 | |
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The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price.
2019-6-4 19:03 | |
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North Korean hackers have made a phishing attempt on users of the South Korean crypto exchange Upbit. News correspondents in Korea broke this development on May 29, 2019, detailing the ploy to steal Upbit users’ information.
2019-6-1 00:54 | |
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U. S. citizen Morgan Rockcoons has been sentenced to fines and prison time for running unlicensed money exchange services on LocalBitcoins. Advertising himself on the peer-to-peer bitcoin trading network, Rockcoons made more than 1,000 transactions with hundreds of different users.
2019-6-1 18:55 | |
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The popular peer-to-peer bitcoin trading network LocalBitcoins has shut down all trading operations for Iranian users. LocalBitcoins’ website offers a variety of pages for users of different nations and, as of May 24, 2019, the Iranian page displays a message that “LocalBitcoins is currently not available in your selected region,” in English only.
2019-5-25 20:14 | |
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Coinspeaker The Abyss Platform Offering UE4 Licensing Program to Partner DevelopersWith Epic Games’ Unreal Engine 4 (UE4 ), game developers will receive better business terms if they deploy their titles on The Abyss.
2019-5-23 16:25 | |
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By CCN: An Israeli court has ruled that Bitcoin is not a currency but rather an asset. This was in a case brought forth by Noam Copel, a blockchain entrepreneur, according to business publication Globes.
2019-5-22 15:39 | |
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Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets.
2019-5-22 23:02 | |
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A seemingly very confident twitter user is challenging people online, and not with something meaningless. This user, going by the handle XRP Research Center, has made it their business to expose other crypto’s flaws while daring anyone to identify anything negative about XRP.
2019-5-19 20:33 | |
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In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants.
2019-5-18 22:14 | |
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Coinspeaker Coinbase May Soon Buy Xapo’s $5. 5 Billion Bitcoin Custody BusinessCoinbase is in advanced talks to buy custody provider Xapo. The deal will cost around $50 million for the US major cryptocurrency exchange.
2019-5-17 17:33 | |
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The South Korean electronics giant, Samsung has announced that crypto and blockchain features will be available in all of their budget smartphones in the future. The news was announced by Business Korea, an English Language local media on 15 May.
2019-5-16 02:30 | |
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Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
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The capabilities of modern technology have made our world more connected, personalized and efficient than ever. With this unprecedented power and access comes the ability to operate in a more transparent, ethical manner—and consumers expect businesses to do so.
2019-5-10 12:00 | |
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The regulatory and legal environment around internet-based services and applications has changed considerably over the last decade. When large-scale social networking platforms first became popular in the 2000s, the general attitude toward mass data collection was essentially “why not?”.
2019-5-11 04:03 | |
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Hut 8 Mining (named after Hut 8 in Bletchley Park, where Alan Turing broke the enigma code and accelerated the end of World War II) has just filed its audited financial statements for 2018, detailing a tight but still profitable bitcoin mining business.
2019-5-10 20:04 | |
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Andrew Henderson is the founder of Nomad Capitalist, a company which helps people from around the world move to different countries while minimizing their tax obligations. In recent years the company has created plans for dozens of people who made their wealth from the cryptocurrency sector, including business owners, traders, investors and consultants.
2019-5-9 18:15 | |
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Kicking off the TNW2019 Conference in Amsterdam today, tech evangelist Guy Kawasaki shared a number of forgettable pieces of wisdom from his life in the industry over the past few decades. But his final bit of advice made sense for figuring out how to build your business, and advance your career: get high and to the right.
2019-5-9 13:02 | |
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Coinspeaker dApps for Business Ecosystems Now Made Easy by Squeezer. ioSqueezer. io will solve the problem of expensive blockchain developers with its three services allowing to develop decentralized apps with the utmost ease.
2019-5-8 21:46 | |
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Google, the search giant which has made its business to make money off our digital habits, is getting serious about privacy. The company, at its annual Google I/O developers conference yesterday, announced a number of fancy software updates, in addition to unveiling new hardware like Nest Hub Max and cheaper versions of its Pixel smartphone.
2019-5-8 15:46 | |
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Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend.
2019-5-7 01:42 | |
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U. S. Attorney's office for the Southern District of New York has charged two individuals for providing “shadow banking” services to crypto exchanges. According to a statement by Geoffrey S.
2019-5-2 23:54 | |
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Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses.
2019-5-1 01:22 | |
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Federal tax season just passed in the United States, but if you’re one to leave responsibility to the wayside and had to apply for an extension, that might just pay off.
2019-5-1 23:39 | |
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The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.
2019-4-27 01:30 | |
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Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting.
2019-4-27 22:07 | |
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Two US men have pleaded guilty to running a steroid and controlled substance business that laundered millions of dollars in cryptocurrency and Western Union payments. Representing the first conviction for money laundering involving cryptocurrency by New York State prosecutors, the defendants sold their products, which they made, marketed, and shipped, on a website they controlled called ‘NextDayGear,’ as well as on the dark web.
2019-4-24 12:58 | |
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By CCN. com: Four days after New York State Department of Financial Services’ executive deputy superintendent for banking Shirin Emami disclosed in an op-ed that having North Korean users on its platform was part of the reason Bittrex was denied a virtual currency business license, the cryptocurrency exchange has come out forcefully to deny the claim.
2019-4-23 12:53 | |
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For many businesses, growth is about scaling production to multiply the impact of whatever margin the business tends to scrape out on a per-unit basis. But, for small and midsize producers of goods, the ability to scale into a larger framework is often dictated by whether or not the quantum leap can be made from […] The post The new VOLUM Platform offers entrepreneurs an interesting choice appeared first on AMBCrypto.
2019-4-23 12:30 | |
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By CCN. com: Wall Street firm JPMorgan has a plan to save the banking industry’s lucrative cross-border payments business from alternatives such as Bitcoin and fintechs such as Ripple and TransferWise – expand the use cases for its permissioned blockchain network, the Interbank Information Network (IIN) to include settling payments.
2019-4-22 15:49 | |
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Bulk Trader is a Blockchain powered Online Marketplace Platform dedicated to B2B sales and services. Bulk Trader is a unique hyperlocal ecommerce platform with creative digital marketing solutions for accredited vendors & buyers for goods in bulk.
2019-4-21 11:03 | |
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They’re doing it in British Columbia, Quebec, Manitoba, Alberta and Labrador — bitcoin miners in Canadian provinces are taking advantage of the country’s cool climate and abundant supplies of hydroelectric power.
2019-4-17 20:52 | |
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Coinbase has been in the news several times over the past few weeks, whether it is about its latest cryptocurrency debit card or because of the comments made by CEO Brian Armstrong. The latest news from the world’s largest cryptocurrency exchange in terms of users is that Dan Romero, Vice President of International Business — UK/EU, […] The post Coinbase’s Vice President of Institutional Products steps down as company’s institutional wing departs appeared first on AMBCrypto.
2019-4-12 19:30 | |
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The use of cryptocurrency is still something that is new to many consumers, especially for advocates of the traditional financial system. Blockchain technology has even made plenty of advancements, but the fact remains that there’s still a long way to go.
2019-4-10 01:20 | |
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Chris Larsen, Ripple’s Co-founder, and his wife Lyne Lam, donated $25 million in XRP to a university in California. The couple made this donation through Ripple Works, a private foundation that provides support to promising entrepreneurs at San Francisco State University [SFSU] college of Business, according to an official announcement from the university.
2019-4-6 16:30 | |
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A Binance team found that "VIP" clients – those trading more than $100 million per month – were engaging in pump-and-dump schemes and wash trading, the Wall Street Journal said.
In response, Aevo says customers suddenly traded more on its decentralized exchange to try to get some of its airdrop.
Wash trading, a deceptive practice in financial markets, has emerged as a pervasive concern within the decentralized cryptocurrency exchange (DEX) landscape, according to a recent report from Solidus Labs.
A recent study by NBER revealed that users on unregulated crypto exchanges engage in wash trading.
The researchers found that in some exchanges, the wash trading volume can go as high as 80%.
Fiji elects a pro-Bitcoin prime minister, signaling a positive future for Bitcoin adoption in the pacific island nation.
The daily bitcoin trading volumes come out into billions of dollars every day, with hundreds of thousands of daily transactions being carried out. It is one of the reasons why bitcoin draws the most investors, given such high trading volume and good depth across all exchanges.