Cryptocurrency Analysis and News Portal
Major global crypto exchange Bitfinex has called itself a “victim of a fraud” in response to the recent arrest of the president of Crypto Capital exchange.Bitfinex will continue to recover lost fundsFollowing the arrest report on Oct. 24, CryptoX received a response statement from Stuart Hoegner, Bitfinex's general counsel,
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Bitcoin (BTC) surged $500 in just five minutes today after experiencing a sharp drop on Oct. 23, from $7,950 to $7,450 and sitting at the position for two consecutive days.Cryptocurrency market daily overview. Source: Coin360According to the data from Coin360, BTC gained $536 in minutes, skyrocketing from $7,855 to $8,391.
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As Japan and South Korea — two of the largest cryptocurrency exchange markets in Asia — are increasingly pressuring exchanges to delist privacy-focused crypto assets, and concerns are rising that it could lead to more markets, at least in Asia, to follow the trend of the two major countries.Meanwhile,
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For XRP to increase in price it needs increased utility and value which in turn means it can handle bigger and bigger transactions across the XRPL. Recently we have seen this usage and utility on exchanges such as Bitso, where MoneyGram is starting to ramp up its ODL/XRP payment corridors. I got
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The amount of Tether (USDT) tokens issued on the Tron (TRX) blockchain now accounts for nearly 12% of all USDT tokens.350 million to 450 million in one dayLaunched in mid-April 2019, TRC20-based USDT has hit a total supply of over 490 million tokens on Oct. 25, which now makes
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Bitcoin (BTC) hit $7,600 on Oct. 25 after a spell of bullish upward action saw 2% gains occur in a matter of minutes. Cryptocurrency market daily overview. Source: Coin360Bitcoin reaches local high close to $7,650Data from Coin360 showed BTC/USD passing the $7,600 mark across major exchanges, going on to challenge
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China’s President Xi Jinping has called for the country to accelerate its adoption of blockchain technologies as a core for innovation. Xi made the comments at a Politburo Committee session on blockchain technology trends on Oct. 24.Blockchain adoption promotes innovationXi stressed that the implementation of integrated blockchain technologies is
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OverviewVolatility is back in the cryptocurrency markets as the prices of bitcoin nosedived as much as 10 percent before stabilizing near its 5-month low at the 7400 levels. While many have been focused on Facebook’s Mark Zuckerberg’s Libra pitch in the US Congress, Google’s “quantum supremacy” claim could also be
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A majority of investors from both rounds of financing of the blockchain-powered Telegram Open Network (TON) project have opted not to take refunds from the company.During the two rounds of financing, Telegram gathered $1.7 billion ($850 million from each round). TON was due for opening on 31st October but after
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Licensed crypto exchange Huobi Japan has raised 5 million yen ($4.6 million) from Financial Products Group (FPG), a financial instruments business operator.The development was revealed in a press release shared with CryptoX on Oct. 25.Future cooperation on digitized securitiesHuobi Japan is a wholly-owned subsidiary of major Singapore-based crypto exchange
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