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UK Police to Auction Seized Bitcoin Worth More Than $600,000

by | September 24, 2019 | Crypto-Crime | 0 Comments

Cryptocurrencies worth more than £500,000 ($600,000) that were seized in UK police operation are to be auctioned on Wednesday, September 25, according to an announcement by Ireland-based Wilsons Auctions. The Auction house announced that it was the first...
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FEDERAL RESERVE’S AMBIGUOUS OUTLOOK BODES WELL FOR BITCOIN

by | September 19, 2019 | Bitcoin | 0 Comments

The Federal Open Market Committee (FOMC) has cut the rate again by 25 basis points to a target range of 1.75%-2.00%. While this is in line with analysts’ expectations, the Fed’s potential dovish stance might be bullish for Bitcoin in the long term. FED HAS NO PLAN...
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Gold Industry Can Learn From Cryptocurrency, Says Barrick Gold’s COO

by | September 19, 2019 | Bitcoin | 0 Comments

The Chief Operating Officer (COO) of Canada-based gold mining company Barrick Gold believes that the precious metal industry should be more like cryptocurrency. Gold Industry & Crypto According to an interview with Fortune published on Sept. 18, Catherine Raw is...
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FED’S $53 BILLION ‘RESCUE OPERATION’ IS GOOD NEWS FOR BITCOIN

by | September 18, 2019 | Bitcoin | 0 Comments

More cracks seem to be appearing in US financial markets as the central bank has to step in once again with a rescue effort. A spike in overnight borrowing rates has set alarm bells ringing as the economy teeters on a precipice which could lead to another recession....
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‘Cash is still king;’ crypto will need to be proven ‘useful,’ says ING

by | September 18, 2019 | Bitcoin | 0 Comments

Dutch banking group ING has said that “cash is still king,” and that for cryptocurrencies to catch on, it will need to be proven "useful, relevant and trustworthy." “If cryptocurrencies are to become mainstream, technical improvements are needed,” said Teunis...
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Huobi Launches Fiat-To-Crypto Exchange in Argentina

by | September 18, 2019 | Exchanges | 0 Comments

The official launch of Huobi’s newest product was announced today on the 17th of September. The project is dubbed Huobi Argentina and it will be supported by Huobi Cloud. The company is establishing a local team with localized operations and a direct fiat gateway,...
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Philippine Digital Asset Exchange (PDAX) now open for trading

by | September 17, 2019 | Exchanges | 0 Comments

Today, the Philippine Digital Asset Exchange (PDAX), a BitMEX backed bitcoin and cryptocurrency trading platform that is approved by the Bangko Sentral ng Pilipinas (BSP) to operate as a virtual currency exchange, announced it is now live and open to the public for...
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BIS Paper Makes Case for ‘Embedded’ Regulation in Blockchain Markets

by | September 17, 2019 | Markt updates | 0 Comments

Research from the Bank for International Settlements (BIS), often dubbed the “bank for central banks,” has come out in favor of building regulation into blockchain-based financial markets. A working paper authored by Raphael Auer, a BIS economist,...
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Big Four Auditing Firm Deloitte Allows Staff to Pay Lunch in Bitcoin

by | September 17, 2019 | Bitcoin | 0 Comments

Big Four auditing firm Deloitte is now allowing its staff to pay for food in the cantine using a mobile Bitcoin (BTC) wallet. English-language local news outlet Luxembourg Times reported on Sept. 17 that Deloitte is testing Bitcoin among its employees to “see how...
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United States Treasury Cracks Down on North Korean Cryptocurrency Hackers

by | September 15, 2019 | Crypto-Crime | 0 Comments

Cryptocurrency hackers have stolen an estimated $571 million in cryptocurrencies was stolen from multiple exchanges from the period of January 2017 to September 2018. The thieves are said to belong to three groups, the Lazarus Group, Andariel, and Bluenoroff, said...
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