Price Analysis 17/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM
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Court Allows Blockchain.com’s Trademark Lawsuit Against Paymium to Proceed
The New York Federal Court denied the motion to dismiss the ruling in the trademark infringement action by cryptocurrency wallet and exchange operator Blockchain.com against fintech startup Paymium and its CEO Pierre Noizat over the use of domain “blockchain.io”.According to the court documents published on Aug. 7, the lawsuit,
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How to Avoid Being Scammed when Buying Bitcoin
Photo: ShutterstockThe popularity of Bitcoin is hard to underestimate. Regardless of the cryptocurrency’s volatility, thousands of people are using it on a daily basis.While companies may be taking advantage of Bitcoin to make international payments, investors are playing around with the cryptocurrency in the hopes of making money.Whether you
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Bitcoin (BTC) Price Hesitates But Further Recovery Seem Likely
Bitcoin price tested the $9,800 support and bounced back against the US Dollar.The price is currently struggling to gain momentum above $10,400 and $10,500.There is a key contracting triangle forming with resistance near $10,550 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price is likely to
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Crypto Lender Nexo Pays Token Holders Over $2.4 Million in Dividends
Crypto lending firm Nexo has paid its token holders a total of $2,409,574.87 in dividends. Nexo reportedly has reached an annualized dividend yield of 12.73%.Nexo announced the completion of its dividend payments in a press release on Aug. 16. According to the press release, Nexo has a user base
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Bitcoin SV Devs to Offer ‘Office Hours’ for Project Assistance, Consulting
Bitcoin SV blockchain developer and blockchain organization service Open Directory creator synfonaut has launched a consulting service called Office Hours. This service connects developers in need of assistance with experienced Bitcoin SV devs, for help on Bitcoin SV projects. Synfonaut announced the service’s launch in a Twitter post on Aug.
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Turkish Bitcoin Adoption Ramps Up amid Flagging Economic Recovery
Turkey interest in bitcoin remains robust as the economy struggles to recover from the collapse of the lira from 2018. | Source: ShutterstockBy CCN Markets: Turkey likes bitcoin more than any of the other 14 nations polled in a recent survey by Dutch banking group ING. Sixty-two percent of
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US Customs and Border to Trial Blockchain Shipping Proof-of-Concept
A United States Customs and Border Protection (CBP) advisory committee, is planning to launch a live test of its blockchain-based intellectual property rights proof of concept.The Commercial Customs Operations Advisory Committee (COAC) will run its tests from late August to late September, per a report published on the CBP’s
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How Coinbase Quietly Became the World’s Biggest Bitcoin Bank
On August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with more than $7 billion under custody. Also Read: Hong Kong
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FinCEN Director Addresses Casino Compliance With Obligations Regarding Crypto
Kenneth A. Blanco, the director of the Financial Crimes Enforcement Network (FinCEN), has urged casinos to follow the agency’s guidelines in regards to suspicious convertible virtual currency (CVC) activity.During his speech at the 12th Annual Las Vegas Anti-Money Laundering Conference on Aug. 13, Blanco addressed casinos’ compliance with the
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