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Tether Created ‘Largest Bubble in Human History’ Claims Lawsuit Against Bitfinex
A common attack against Tether in the crypto ecosystem is that the stablecoin isn’t really backed one-to-one by the U. S. dollar. We might soon get to know if these concerns are substantial, as the matter is now going to court. дальше »
2019-10-9 01:40 | |
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Facebook’s Libra loses PayPal; Chinese whispers or regulatory chokehold?
Did PayPal hear the Chinese Whisper, and go amiss? Libra was a unique sell. Primed as a “digital currency,” backed by a slew of government assets, operated on its own network, held on its own wallet, backed by companies that impact the world on a daily basis, with the ribbon of “banking the unbanked,” right […] The post Facebook’s Libra loses PayPal; Chinese whispers or regulatory chokehold? appeared first on AMBCrypto. дальше »
2019-10-8 16:30 | |
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Pulling CoinMarketCap Data onto a Google Sheet: A Step by Step Guide
As a staunch believer of data-driven investing, I always try my best to gain investible insights backed by data before committing to a decision, it is no different with cryptocurrency trading. And luckily for a not-so-techy guy like me, all […] The post Pulling CoinMarketCap Data onto a Google Sheet: A Step by Step Guide appeared first on CoinMarketCap. дальше »
2019-10-8 16:05 | |
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Class action lawsuit alleges Bitfinex’ Tether cost crypto market $1.4T
A brand new lawsuit alleges that cryptocurrency exchange Bitfinex and its sister company Tether manipulated the digital currency market. According to a lawsuit filed in New York over the weekend, Bitfinex and Tether “engaged in unfair, deceptive, untrue or misleading acts” by failing to disclose that Tether was not backed 1:1 to by the US dollar. дальше »
2019-10-8 14:43 | |
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iCashRewards Explores DigitalBits Blockchain for Tokenized Loyalty Reward Points
iCashRewards (iCash), a leading blockchain-based loyalty rewards solution provider backed by Digital One Asset Foundation, on October 7, 2019, announced that it is mulling the use of DigitalBits blockchain to tokenize its reward points. дальше »
2019-10-8 21:00 | |
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Tether, Inc., Bitfinex Post Preemptive Response, Fearing Lawsuit
As the New York Attorney General (NYAG) investigation was given the green light to continue, the firms preemptively defended themselves from claims that USDT coins are not backed, and participate in market manipulation. дальше »
2019-10-7 14:51 | |
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Bitcoin (BTC) Supply Could ‘Expand Over 21 Million’
The Bitcoin (BTC) maximum supply is capped at 21 million coins, of which more than 18 million are already mined. But the actual supply of coins within the economy may be higher, due to various forms of fractional reserves practices. дальше »
2019-10-6 19:00 | |
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Andrew Yang Scores Endorsement from Former NFL Player Antonio Bryant
On Friday, former NFL wide receiver Antonio Bryant backed Andrew Yang for president in the 2020 Democratic primary. In a tweet hashtagged #YangGang, AB touted the New York tech entrepreneur and universal basic income proponent’s innovative ideas and concern for the average American. дальше »
2019-10-6 01:00 | |
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iSTOX Security Token Platform Gets Funding From One Of Thailand’s Largest Investment Bank
iSTOX, a security token platform backed by the Singapore Exchange, have managed to raise their Series A funding. iSTOX has declined to give the exact amount, but the funding was provided by the Thai banking firm, the Kiatnakin Phatra Financial Group (KKP). дальше »
2019-10-5 18:14 | |
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Coinbase Looks To Boost Engineering Staff At Earn By Acquiring Rippled Backed Omni Rentals
Major crypto exchange Coinbase is presently in talks with the rental service company Omni that had raised $25M from San-Francisco primarily based – Ripple last year. Omni is an online rental service firm founded by Thomas McLeod. дальше »
2019-10-5 16:58 | |
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Data Shows Institutional Interest in Bitcoin Is Plummeting; Regulatory Uncertainty To Blame?
Intercontinental Exchange's Bakkt, backed by Starbucks, Microsoft’s venture arm M12, and the Boston Consulting Group, recently launched its physically delivered daily and monthly Bitcoin futures. And yesterday the first block trade of its Bitcoin futures, by Galaxy Digital and XBTO, was also executed. дальше »
2019-10-5 16:24 | |
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Florida regulators investigate gold-backed crypto token’s promoters
Over the past decade, digital currencies like Bitcoin have become an important form of asset in the financial industry. However, these tokens were often not backed by significant value. Hence, the idea of stablecoins was introduced. дальше »
2019-10-5 00:30 | |
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Facebook’s Libra, other stablecoins may disrupt financial stability, claims FSB’s Vice Chair
The commotion around Libra and other stablecoins has caught the attention of a lot of regulators from across the world. The idea of a virtual asset backed by a fiat currency to facilitate payments has taken flight among several mainstream financial institutions, including the likes of JPMorgan. дальше »
2019-10-5 23:30 | |
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Venezuelan Exchange To Launch PoS System And Crypto Debit Card; Including Petro, BTC, & DASH
The Venezuelan government is one of the most crypto friendly countries as it looks for ways to sustain its hyper-inflated economy and sanctions from various governments. The government is focused on promoting its oil backed crypto, Petro dollar, to its citizens with the latest debit card release by government sanctioned exchange, CriptoLAGO. The debit card […] дальше »
2019-10-4 17:34 | |
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Binance to Add New XRP Trading Pairs and Wrapped XRP Tokens on Its Chain
Binance Chain will be releasing wrapped XRP tokens and putting them on the BEP2 chain. Changpeng Zhao, the CEO of Binance, also confirmed that this is a necessary step towards eventually adding more XRP-based trading pairs. дальше »
2019-10-5 17:15 | |
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China’s State Owned CMBI Partners With Nervos To Build Blockchain Based DeFi Apps
China Merchants Bank International (CMBI) has recently announced its entry into the blockchain ecosystem by partnering with Nervos, a layered blockchain network. Nervos Network was founded by the creators of Spark Pool, imToken, Cryptape and others, with experience in all aspects of blockchain ecosystems, including contributions to Bitcoin and Ethereum core protocols. It is backed […] дальше »
2019-10-4 16:31 | |
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Blocko, a Samsung-Backed Blockchain, Launches in UAE and Partners with SEED Group
As the world steadily progresses towards a more mainstream definition of blockchain, the United Arab Emirates (UAE) are leading the charge. It can be seen by letting Blocko, a South Korean blockchain provider, within its borders. дальше »
2019-10-4 01:53 | |
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Blocko Partners With Company Backed By Emirates CEO for Enterprise Blockchain
Blocko, an enterprise blockchain deployer, has partnered with SEED Group to bring the Aergo platform to the United Arab Emirates (UAE), according to Arabian Business, October 2, 2019. SEED Group is promoted by Sheikh Ahmed bin Saeed, the CEO of Emirates and uncle of the Prime Minister for the UAE. дальше »
2019-10-4 01:00 | |
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Swiss Exchange SIX Debuts New Crypto Exchange-Traded Product Based in Swiss Francs
SIX, a prominent stock exchange based in Switzerland, has launched a new financial product based on cryptocurrencies. This exchange-traded product (ETP) is denominated in the local fiat currency and backed with Bitcoin (BTC) and Ethereum (ETH) both. дальше »
2019-10-4 23:58 | |
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IKEA Agrees to Pay Invoice Using ConsenSys-Backed E-Money Provider
After making a purchase through IKEA Iceland, Nordic Store settled the e-invoice through smart contracts on the Ethereum blockchain. However, the transaction was paid using Iceland’s fiat currency, the Krona, and not crypto. дальше »
2019-10-3 18:53 | |
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Stablecoins Backed by Precious Metals — How Do They Work?
Gold and coins = stablecoins?
дальше »2019-10-2 17:52 | |
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Global Currency Organization Launches USD Digital (USDD) Stablecoin; Profit Sharing For Institutions
Former employees of JP Morgan, Intel, and TrustToken have come together to start a new firm and have released a new stable coin called USD Digital (USDD) token, backed by US Dollar. However, the new stable coin has a twist to its business model, where the institutions using the token would share the revenue. The […] дальше »
2019-10-1 20:42 | |
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Global Currency Organization Launches New Institution-Focused USD Stablecoin
Global Currency Organization (GCO) is announcing the release its stablecoin, USD Digital (USDD), which is backed by U. S. Dollars held in an FDIC-insured account. The Global Currency Organization was created by former employees of TrustToken, JPMorgan and Intel, with intimate knowledge of the finance and stablecoin industries. дальше »
2019-10-1 19:00 | |
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Sequoia-Backed Band Protocol Releases New BitSwing dApp Allowing Bitcoin Binary Options Trading
A new blockchain startup called Band Protocol, which was recently backed by Sequoia India has just released its first decentralized application (dapp): BitSwing. According to the company, the new dapp lets the users trade BTC binary options, which are a derivative based on Bitcoin. дальше »
2019-10-1 22:25 | |
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Mining Bitcoin Has Never Been Easier with MINETA’s Cloud Mining Service
MINETA Bitcoin Cloud Mining facilitates an easy and affordable way of mining your own Bitcoin without having to invest exorbitant amounts into mining hardware. MINETA’s Cloud Mining Service MINETA is an established name in the cloud mining industry. дальше »
2019-9-30 15:00 | |
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Vulnerability Reveals the Lightning Network Was Not Backed By Bitcoin
A severe vulnerability for the Lightning Network (LN) has been revealed with Rusty Russell, an LN dev, describing the critical bug as: “Basically, you think I am paying you but... The post Vulnerability Reveals the Lightning Network Was Not Backed By Bitcoin appeared first on Trustnodes. дальше »
2019-9-28 18:16 | |
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World’s First-Ever Hybrid Cryptocurrency SGC (Secured Gold Coin) Releases Its Whitepaper
MELBOURNE, AUSTRALIA – SEPTEMBER 28, 2019: Aimed at giving a tough challenge to the existing cryptocurrencies with limited or nil functionality, SGC (Secured Gold Coin) has released its long-awaited whitepaper. дальше »
2019-9-29 15:14 | |
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Hidden Lightning Network Bug Allowed Spending of ‘Fake’ Bitcoins
A bug discovered in the Lightning Network in June, which allowed lightning bitcoins not backed by actual bitcoins to be spent, has officially been addressed in a new dev full disclosure report released on Friday. дальше »
2019-9-28 13:00 | |
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How to easily free up space on your phone using Google Photos
Welcome to TNW Basics, a collection of tips, guides, and advice on how to easily get the most out of your gadgets, apps, and other stuff. I’ve owned iPhone after iPhone. Ever since my first iPhone 5c, I’ve never backed it up to iCloud — and for no good reason, really. дальше »
2019-9-28 12:00 | |
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Stablecoin regulations would need to eliminate risks regarding liquidity of underlying assets, claims IMF
As Central Banks across the world start looking into cryptocurrencies and DLT to see how feasible a fiat-backed digital currency would be, the IMF (International Monetary Fund) has now entered the conversation as well, publishing a blog post exploring the advantages of a privately issued stablecoin, one which is backed by central bank reserves. дальше »
2019-9-28 18:30 | |
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Mining Bitcoin Has Never Been Easier with MINETA’s Cloud Mining Service
MINETA Bitcoin Cloud Mining facilitates an easy and affordable way of mining your own Bitcoin without having to invest exorbitant amounts into mining hardware. MINETA’s Cloud Mining Service MINETA is an established name in the cloud mining industry. дальше »
2019-9-27 18:00 | |
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IMF Explores the Synergies Between Privately Backed Stablecoins and CBDCs
Governments have finally stood up from the sidelines and are actively embracing the innovation brought about by cryptocurrencies. While their approach is not novel, it is a more secure and efficient way of conducting activity in the same way it is done today. дальше »
2019-9-27 11:00 | |
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Mall of America To Open Crypto-Related Store; Featuring Winklevoss Backed Flexa SPEDN Payment App
The Mall of America, the largest mall in the United States, has recently decided to enter the crypto world. According to the mall’s announcement, a new store named Modern Retail Collective is going to showcase the technology there. дальше »
2019-9-27 23:04 | |
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Peter Thiel, Mark Cuban-backed crypto-investment fund raises $45M in second funding round
With a surge in the adoption of cryptocurrencies across the world, many firms, both crypto-associated and otherwise, are moving towards rasing funds for diversifying their offerings. Many of these firms are backed by popular influencers of the market, many of whom are increasingly participating in several funding rounds. дальше »
2019-9-26 09:40 | |
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Dollar-pegged stablecoin Tether is now the world’s 4th biggest cryptocurrency
Controversial USD-backed stablecoin Tether is now the world’s fourth biggest cryptocurrency, only surpassed by Bitcoin, Ethereum, and Ripple. Tether, which is actually only 74-percent backed by cash and other assets, garnered a higher share of the market after a major sell-off. дальше »
2019-9-25 18:29 | |
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SEC Delays Decision on Wilshire Phoenix Bitcoin ETF
Coinspeaker SEC Delays Decision on Wilshire Phoenix Bitcoin ETFThe US Securities and Exchange Commission (SEC) has delayed its final verdict on the Bitcoin exchange-traded fund (ETF) that is backed by investment firm Wilshire Phoenix. дальше »
2019-9-25 13:11 | |
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Court rules Bitfinex’ info on $850M Tether black hole unnecessary – for now
Cryptocurrency exchange Bitfinex can now stop sharing documents about its use of Tether with the New York Attorney General (NYSAG) after winning a motion in the appellate division of the New York Supreme Court over an alleged $850 million cover-up. дальше »
2019-9-25 12:57 | |
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North Korea Plans to Launch Cryptocurrency to Bypass Economic Sanctions
A North Korean official claims that a Democratic People’s Republic of Korea (DPRK) cryptocurrency is on the horizon. According to a delegate for the Committee for Cultural Relations, Alejandro Cao de Benós, the country plans to forge a token backed by a physical commodity like gold and the digital asset’s main purpose will be used […] The post North Korea Plans to Launch Cryptocurrency to Bypass Economic Sanctions appeared first on Bitcoin News. дальше »
2019-9-19 19:10 | |
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Sony Considers Remaking "The Princess Bride" as Internet Explodes in Fury
As Hollywood movie studios get further and further away from producing original content and instead rely on remakes and reboots of familiar franchises, Sony has apparently floated the idea of remaking "The Princess Bride. дальше »
2019-9-19 04:37 | |
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VanEck-SolidX withdraws Bitcoin ETF proposal from SEC’s consideration
The VanEck-SolidX Bitcoin ETF proposal was withdrawn—again—from the SEC’s consideration prior to an October decision. Primer on VanEck-SolidX Bitcoin Shares VanEck-SolidX first submitted its proposal to list and trade shares of the “VanEck SolidX Bitcoin Trust” under commodity-based trust rules with the Securities Exchange Commission. дальше »
2019-9-18 03:50 | |
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