The Fold App is a Bitcoin payment app that allows users to purchase goods such as clothes and food with bitcoin and earn some rewards for using the app. According to press, the company has just added a fiat capability feature after raising $2.5 million from prominent investors. The seed round was backed up by…
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The SEC is still pondering upon the the approval of multiple Bitcoin ETF proposals. The latest one, as Leaprate reported several days ago, is coming from Wilshire Phoenix. A decision on the Wilshire Phoenix application is due late in September, but a delay is expected. Yesterday, it became clear that the SEC has started a…
Read moreThe SEC announced on September 23rd that it is bringing new charges in New York-based multimillion dollar boiler room schemes. The allegations state that Benjamin Conde arranged the manipulation of millions of shares of the company Renewable Energy and Power Inc., an action which resulted in generating $3.1 million in illegal proceeds. According to the SEC,…
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On September 23rd, 2019, Clearstream Banking and the Stock Exchange of Thailand (SET) teamed up to launch a link for investment funds. Clearstream is an international central securities depository. The partnership will enable cross-border funds transactions to be completed. In particular, the new link will be between the mutual fund platform FundConnext (SET) and Clearstream's global…
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The Trump Administration's policy decisions are taking a toll on a number of countries: from China to Argentina, governments are thinking of new, "innovative" ways to fight the economic sanctions imposed by President Trump and his office. North Korea is one of those countries. The latest news is that the country is currently working towards…
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Mr. Ananda Kathiravelu, of Perth, Western Australia, is a a corporate adviser to a series of Australian companies, including Armada Capital Pty Ltd. Kathiravelu has been in the financial services business for over 20 years and has served as a director to a number of companies. Mr. Kathiravelu has been charged with conspiracy to manipulate…
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HTC is making great steps in disrupting the mobile/crypto space with its blockchain mobile phone Exodus 1. The blockchain device will now support Bitcoin Cash. The news came today, after HTC confirmed that the new function will also incorporate the standard wallet of Bitcoin.com. According to press, the Exodus 1 will be sold on the…
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RoboMarkets is an investment company that offers brokerage services in multiple European countries by providing traders with the company's trading platforms, which are proprietary. The clients of RoboMarkets can access more than 11,500 different trading instruments, as well as 8 types of assets. RoboMarkets is launching the trading of Cloudflare Inc. stocks. Cloudflare is an…
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After the UN report came out claiming that North Korea has stolen and hacked over $2 billion of cryptocurrencies, and after the country denied all such allegations, the Trump Administration had decided to go after the alleged hackers. The news came from the US Treasury's press statement released on Friday, September 13th. In particular, it…
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Bitcoin's price is currently around $10,300 at the time of this writing - but not everywhere, it appears. On Kraken, Bitcoin was trading for $12,000 per coin due to an order matching glitch that the exchange has identified to be the reason for the abnormally high price of the coin. The bug was first noticed…
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