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Grayscale Adds Stellar as Latest Cryptocurrency Investment Trust

Digital currency investment group Grayscale confirmed it had successfully launched its latest fund, dedicated to Stellar’s Lumens (XLM) token, in a tweet Jan. 17.Grayscale, which now operates nine cryptocurrency funds, timed the move to coincide with a change of image for its products, renaming all its single-currency products to trusts.The

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MIT, Stanford Researchers to Fund New ‘Globally Scalable’ Cryptocurrency, ‘Unit-e’

A group of researchers from top United States universities have announced the launch of a “globally scalable decentralized payments network,” according to a press release published today, Jan. 17.The development of the cryptocurrency, dubbed “Unit-e,” is being funded by Distributed Technologies Research (DTR) — a non-profit organization based in Switzerland,

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Cryptocurrency exchange Gate.io sees $100,000 In Ethereum Classic returned by 51% Attacker

Cryptocurrency exchange Gate.io, which was targeted in a recent hacking, said the ETC 51-percent attacker returned $100,000 worth of Ethereum Classic to them. The exchange said its attempt to contact the 51-percent attacker met with no response. “We still don’t know the reason. If the attacker didn’t run it for profit, he

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Malaysian Cryptocurrency Regulation to Classify Digital Assets, Tokens as Securities

Malaysian cryptocurrency regulation comes into effect on Tuesday, Reuters reports on Monday, Jan. 14.The Malaysian finance minister, Lim Guan Eng, reportedly said today that the Capital Markets and Services Order 2019 would become effective on Jan. 15. According to Reuters, the new regulation classifies digital currencies, tokens and crypto-assets as

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Coincheck gets FSA approval to run cryptocurrency exchange one year after the NEM theft

About a year after a massive digital heist that shocked the cryptocurrency industry around the world, Japan’s financial watchdog gave Coincheck Inc. the green light Friday to officially run a virtual currency exchange. Following the Coincheck hacking case in late January that cost the Tokyo-based startup ¥58 billion worth of NEM

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Seven Cryptocurrency Exchanges Could Receive FSA-Issued Licenses in Two Months

According to new insight into the Japanese financial agency’s review process of companies applying for a cryptocurrency exchange license, seven applications will be either approved or rejected within two months. Cointelegraph Japan reported on this development on Jan. 12.The new information in regard to the review process offered by the

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Japanese Regulators Grant Cryptocurrency Exchange License to Coincheck

Japan’s finance regulator, the Financial Services Agency (FSA), has granted full permission for cryptocurrency exchange Coincheck to continue operating in the country. Cointelegraph Japan reported on the development on Jan. 11, quoting an official communique.Coincheck, which was hacked in January 2018, losing altcoin tokens worth $530 million at the time,

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