Online trading broker ATFX (UK) has just announced the launch of four new trading instruments, adding the most popular and largest cryptocurrencies in the world by market cap quoted against USD, Bitcoin, Ethereum, Litecoin and XRP by Ripple labs. The trading instruments are now available to Buy and Sell as CFDs through the online multi-asset…
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Swych, a mobile gifting platform, announced that it will begin accepting payment in a variety of cryptocurrencies. Starting today, consumers will be able to pay for gift cards from 600+ retail partners using both fiat and crypto. Swych now provides an alternative for crypto-holders to exchange their digital assets for instant cash in the form…
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Canadian securities regulator the British Columbia Securities Commission (BCSC) issued a warning today against a suspicious entity named Sussex Investment. Sussex Investment is operating via the website https://sussexinvest.com and claims to be a cryptocurrency broker that offers cryptocurrency trading, initial coin offerings and trading in its own shares. Sussex Investment had advertised in British Columbia…
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The concept of a stablecoin is not new news. The fact that Jamie Dimon, the CEO and Chairman of JPMorgan Chase (NYSE:JPM), has continually bashed Bitcoin is not new news either, nor is the fact that his bank’s developers have been silently working in the background on ways to leverage blockchain technology to the bank’s benefit.…
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2018 was definitely the year of cryptocurrency thefts and cybercrimes. According to a report from CipherTrace, a US cyber security company, the thefts in 2018 increased by the staggering 400%, to the jaw-dropping amount of $1.7 billion. Of the total $1.7 billion, $950 million come from cryptocurrency exchange thefts and wallets. The total amount of…
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A new major cryptocurrency is going to go live, after it was made public that the Saudi Arabian Monetary Authority (SAMA) and the United Arab Emirates Central Bank (UAECB) are partnering on the project "Aber". Aber is a cryptocurrency project launched by the two entities to facilitate financial transactions between the two countries through the technology…
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What a difference a year makes or maybe not? The global elite has departed the confab in Davos, jetting away to parts unknown until the next summit. With respect to cryptocurrencies, the opinions expressed at this year’s event were muted, at best. One need only remember that last year at this time Bitcoin was at…
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Many of the speakers at this year's World Economic Forum in Davos, including Kenneth Rogoff, Professor of Economics at Harvard University, have claimed that crypto is “too small” for regulation. Kenneth Rogoff stated: I’ve spoken to the regulators and they very candidly say, ‘Well, there isn't really that much value going on in the [cryptocurrency]…
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The Malta Financial Services Authority (MFSA) has just informed that it has become aware of an entity calling itself Bitcoin Revolution. Bitcoin Revolution is operating via the website https://the-bitcoin-revolution.org/, as well as several other websites. The company links its website to local personalities without their consent, falsely claiming they made profits via Bitcoin Revolution's website.…
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Bitcoin has often been taunted as too "energy-intensive" and too "data-intensive". The top ten cryptocurrencies by market cap are sometimes "accused" of the same features. The Massachusetts Institute of Technology, MIT, have now designed a cryptocurrency that is reportedly 99% more data-efficient than other cryptocurrencies. The innovative alt coin will provide a more scalable network because…
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