Cryptocurrency Analysis and News Portal
In a recent CNBC interview, Ripple’s senior vice president of customer success Marcus Treacher has described Facebook’s Libra crypto project as a “walled garden,” meaning a closed system.He also added that in contrast with Facebook Libra, Ripple (XRP)trade is no walled garden; however, the social media giant’s entry into the
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Visa, Mastercard, PayPal and Stripe are unsure whether they wish to become paid-up participants in Facebook’s Libra digital currency.As Bloomberg reported on Oct. 2 citing “people familiar with the matter,” the four payment giants have reservations about the plans. Sources: Facebook “oversold” regulator supportThe companies formed part of the cohort
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Ron Paul, a Former U.S. Congressman and three-time presidential candidate has been called upon to share the stage as the keynote speaker during Litecoin Summit 2019.The surprise announcement came from a tweet by the Litecoin Foundation. He was invited to the podium by Litecoin (LTC)trade creator Charlie Lee, who has
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Though XRP remains way undervalued, everything is actually falling into place and RippleTech’s growth is ascending exponentially. With recent tech team signings, new offices in Europe, expansion of the ledger network plus massive website updates, is XRP about to go nuclear? Hundreds of financial institutions across over forty countires around the world
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In late August various crypto media reported that Tether planned to issue a Chinese yuan-backed stablecoin. Bitfinex shareholder Zhao Dong told ChainNews that the stablecoin would be called CNHT and be held in offshore accounts. Zhao also said that his peer-to-peer lending platform, RenrenBit, had invested in the project
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BitShares Decentralized Exchange (DEX) gateway CryptoBridge announced on Oct. 1 that it has implemented mandatory user Know Your Client (KYC) verification.European regulation is responsiblePer the announcement, the reason for the upcoming mandatory KYC is the 5th EU Anti-Money Laundering Directive (AMLD5). Interestingly, CryptoBridge also noted that the company wants
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The Federal Customs Service of the Russian Federation stopped the illegal import of four crypto mining devices from Mongolia into Russia.Crypto mining equipment confiscatedOn Oct. 1 Coinspot reported that a Mongolian citizen was trying to smuggle the four mining devices with fans and connected microcircuits across the Russian/Mongolian border
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The United States Securities and Exchange Commission (SEC) reached a settlement with Nebulous, the firm behind the Sia decentralized cloud storage network.$225,000 in disgorgement and penaltiesOn Oct. 1 the SEC announced in a press release that it has settled the charges against the firm behind the Sia network in
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Decentralized finance (DeFi) startup InstaDApp has secured $2.4 million in a seed round from an array of strategic investors, including Coinbase Ventures and Pantera Capital.New fundingPer an Oct. 1 blog post, InstaDApp saw funding from investment firms Coinbase Ventures, Pantera Capital, Robot Ventures, venture capital company IDEO Colab and
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The German bank BayernLB has published a report on Bitcoin (BTC) vs gold in which it predicts a big leap for BTC in 2020.Bitcoin outshining gold?On Oct. 1 the Munich-based bank BayernLB published its latest research report that seems to suggest that the forthcoming Bitcoin halving effect hasn’t yet
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