Cryptocurrency Analysis and News Portal
Brazilian Congressman Aureo Ribeiro, author of a bill that purports to regulate the Brazilian crypto market, requested the opening of a Parliamentary Inquiry Commission (PCI) to investigate crypto-related fraud in Brazil. CryptoX got access to a document that asks for a deep investigatigation into companies like Atlas Quantum (and CEO
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Social media giant Facebook has certainly rattled the regulatory feathers of global regulators with its grand plans for cryptocurrency world domination. Politicians and citizens alike are right to question Libra and those that will be pulling the strings behind it. The G7 group of economic powerhouses agrees that such stablecoins
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The United States Commodity Futures Trading Commission (CFTC) announced the filing of a civil enforcement action against Nevada-based Circle Society.Defendants guaranteed investors 300% returnOn Oct. 16, the CFTC announced that it was charging Circle Society and its owner, David Gilbert Saffron, with “fraudulent solicitation, misappropriation, and registration violations relating
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The Supreme Court of India has postponed a hearing that would consider the Reserve Bank of India’s (RBI) ban on providing services to cryptocurrency-related business.In an Oct. 16 session on the ban that prohibits banks and financial institutions from providing digital currency-related services, the court shifted the date of
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A pending report issued by the G7 committee moves to warn stakeholder’s about the serious security flaws exhibited by Facebook’s Libra which is pegged to real world assets such as government holdings and national fiat currencies.The BBC reports a draft of the report that reprimands digital currencies’ issuers in harsh
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Wales plans to test and subsequently launch its own cryptocurrency to boost the local Small and Medium Enterprises (SME) economy. Local news outlet Business Cloud reported on Oct. 15 that the Welsh Government awarded £100,000 from the £4 million Foundational Economy Challenge Fund to develop the system. The funding will
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Cryptocurrency exchange OKEx Korea announced the end of Monero (XMR), DASH, Zcash (ZEC), Horizen (ZEN) and Super Bitcoin (SBTC) trading as of today, Oct. 10.Per the Oct. 2 announcement, the assets have been delisted today. A previous version of the announcement was published on Sept. 10. That being said,
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The United Nations announced that UNICEF will now be open to receive donations in cryptocurrency, on October 9th. Currently, the only two cryptocurrencies available for transaction are Bitcoin(BTC)trade and Ethereum (ETH)trade. As part of the new initiative, UNICEF has launched its Cryptocurrency Fund, the first of United Nations Organizations to
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Leading Application Specific Integrated Circuit (ASIC) producer Bitmain announced two new series 17 Bitcoin (BTC) mining machines in a blog post published on Oct. 9.Bitmain: higher efficiency and hashrateBitmain co-founder Jihan Wu announced the S17+ and T17+ mining machines at the World Digital Mining Summit (WDMS) in Frankfurt. Bitmain
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UNICEF, the United Nations Children's Fund, has launched a cryptocurrency fund to support open source technology “benefiting children and young people around the world.”According to the official announcement published on Oct. 8, UNICEF thus became the first U.N. organization “to hold and make transactions in cryptocurrency,” namely Bitcoin (BTC)
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