Cryptocurrency Analysis and News Portal
With a lot of uncertainties surrounding the global crypto industry, it is indeed great news to find that consumers are happily choosing cryptocurrency as their preferred means of making purchases, as a new study suggests.This was revealed in a recent research conducted by KPMG, one of the ‘Big Four’ accounting
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New research this week has added to suspicions that futures settlement dates end up manipulating the Bitcoin (BTC) price.Bitcoin drops 75% of the time before futures expireAccording to findings from Arcane Research reported by Norwegian crypto news outlet Kryptografen on Sept. 24, CME Group’s Bitcoin futures settlement dates, in
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US Congress has passed this week the “Advancing Innovation to Assist Law Enforcement Act.” The Act is requiring the financial crime watchdog, Financial Crimes Enforcement Network (FinCEN), to study the use of blockchain technology in the digital world.More specifically, the director of FinCEN has been directed to conduct a thorough
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Neo, a decentralized open source blockchain application platform, announced that it became the first-ever blockchain member of Microsoft’s .NET Foundation.In the press release published on Sept. 24, the platform stated that during the .NET Conference 2019 Neo “joined the .NET Foundation, the Microsoft-created, globally leading open-source foundation,” adding:“Based on
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Cybersecurity firm Emsisoft has released a solution for Bitcoin (BTC)-demanding ransomware WannaCryFake.Pay Bitcoin in return for your dataIn a Sept. 25 blog post, Emsisoft announced that they are releasing a new free fix for the WannaCryFake ransomware bug. The WannaCryFake is the next version of the WannaCry worm, a
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Ex-United States Federal Reserve official Simon Potter stated that the plan to end the U.S. dollar’s dominance by replacing it with a digital currency makes no sense.Central banks unlikely to coordinate around virtual currencyLast month, Governor of the Bank of England Mark Carney suggested ending the U.S. dollar’s dominance
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The recent Ether (ETH) price drop showed the reliability and weaknesses of the decentralized stablecoin built by MakerDAO, Dai (DAI), and the decentralized finance (DeFi) ecosystem built on top of it.A decentralized stablecoinEthereum-collateralized decentralized stablecoin DAI managed to maintain its peg to the United States dollar as Ether lost
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EOS parent company Block.one is opening its fourth global site located in the Washington, D.C. metropolitan region.Creating 170 jobs over the next three yearsOn Sept. 23, Block.one LLC announced that it is opening new headquarters for its United States operations arm in Arlington, Virginia.The office will purportedly create 170
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Lloyds Bank is partnering with blockchain platform Komgo to streamline its commercial banking division.Blockchain to streamline international trade processOn Sept. 25, United Kingdom financial news outlet FStech reported that Lloyds Bank has partnered with the distributed ledger technology firm Komgo. Lloyds Bank, one of the “Big Four” clearing banks
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Yesterday, Sept. 24, CryptoX reported from the United States House Financial Services hearing with the chairman and four commissioners of the Securities and Exchange Commission (SEC). The hearing was informational and touched on a number of issues that have been plaguing the conversation in the U.S. about regulating cryptocurrencies
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