Thai Bank Siam Commercial Bank, or SCB for short, is the oldest bank in Thailand. SCB has now decided to collaborate with Ripple to create a cross-border payments app. The news was announced by Ripple on January 8th. According to the announcement, the mobile app will be called SCB Easy and will run on Ripple's…
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The possibility of a full-blown war between Iran and the United States has triggered a cryptocurrency boom in the Middle Eastern country. The details around the "crypto spring" in Iran come from the Nikkei Asian Review. After the January 3rd killings of the Iranian military commander Quasem Soleimani, Bitcoin's price has increased by 4%, realizing…
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The global Singapore-based cryptocurrency exchange Bitbox announced on 6th of January that it will delist all trading pairs that include XRP. Bitbox has not released the exact reason as to why it is delisting all XRP-based trading pairs, but one thing that markets suggest is that the growing concerns related to the Ripple currency might…
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The Qatar Financial Centre (QFC), the country's financial regulator, has banned cryptocurrency trading. Not only that, but the prohibition applies to anything of value that is close to or a substitute for currency, can be digitally transferred or traded and be sued for investment or payment purposes for clients. The news comes from a report…
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The Litecoin Foundation has announced a new partnership with BitGo to meet the ever-growing custody needs of customers, as the secure storage of digital assets has become even more important in recent months. In this partnership BitGo is providing its multi-signature wallet for cryptocurrency custody services, a wallet that will be utilized by the Foundation.…
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Mati Greenspan, a former senior market analyst at FX broker eToro, is the founder and CEO of Quantum Economics, a research and consulting company that specializes in money management, advisory and analysis services. Mati is also the Author of the Book The Complete Guide to Fintech Investing, and is a licensed portfolio manager in the…
Read moreBack in December 2017, Leaprate reported that the SEC obtained an emergency asset freeze to stop the ICO fraud of PlexCorps that raised $15 million from multiple investors by misleading them with 13-fold profit figures in less than 1 month. After the regulator settled charges with PlexCorps by penalizing it with $4.56 million plus an…
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Not long ago, one of the most awaited ICOs in the crypto industry was called off. Leaprate reported that Telegram called off its initial coin offering after raising the jaw-dropping amount of $1.7 billion in the presale round. Not only that, but the SEC went on to sue TON (the Telegram Open Network) and Telegram for…
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The new year hasn't even started out yet and there are already massive whale alerts going off in the crypto space. Today, there was a Whale Alert Twitter account that detected a huge amount of XRP released by Ripple to its so-called Funding Wallet 1. The Funding Wallet 1 was created by Ripple's co-founder and…
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Africa is believed to be the next great destination for blockchain and cryptocurrencies. The latest example of this trend coming up quickly in 2020 is a crypto startup that provides wifi hotspot services in Nigeria. The company has won funding from Africa's telecom regulator. The grant is for 2 million naira (around $5,500) and it…
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