Cryptocurrency Analysis and News Portal
The recent approval of a blockchain adoption strategy by the Nigerian government has been described as a milestone that will “add clarity, trust and confidence in the [blockchain] ecosystem.” The unveiling of the adoption strategy document has also been hailed as a step that will lend “some form of legitimacy”
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“Although an adverse determination against Custodia on the merits of Custodia’s application and unique situation may not prejudice the State, the Defendants’ apparent determination that Wyoming’s SPDI statutes and regulations, and SPDI banks themselves, are deficient will,” Hill’s report argued. Source
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After BlackRock, the largest asset manager in the world, announced on Aug. 11 that it will launch a private bitcoin trust for its clients, some crypto enthusiasts said the move could legitimize the digital asset in the eyes of more traditional investors. Source
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Fowler’s downfall was nearly inevitable – not just because he was in bed with bad people, but because he himself seems short on both ethics and competence. For instance, Fowler is sometimes described as a “former NFL investor,” but his escapades in the big leagues were a lot closer to
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A Cornell University economics professor says that President Joe Biden’s executive order on the regulation of cryptocurrency could benefit the industry. “Ultimately what these sorts of regulations provide to the industry is legitimacy,” said the professor. Cornell Professor on Crypto Industry Benefiting From Biden’s Executive Order Eswar Prasad, professor of economics at
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The cryptocurrency community has been discussing a newly announced bitcoin miner called the Numiner NM440 that claims to produce speeds of up to 440 terahash per second (TH/s). Furthermore, a publicly-listed company called Sphere 3D has detailed that it purchased 60,000 Numiner NM440 mining rigs and aims to deploy 32
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Regulators must step up protections for consumers who invest in crypto tokens but also keep in mind that overreach could backfire, the chair of the United Kingdom’s Financial Conduct Authority (FCA) has cautioned.In a new speech written for the Cambridge International Symposium on Economic Crime, Charles Randell, Chair of the
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Bitcoin’s incredible performance over the past four weeks sees it reach just shy of $16k. While the market
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Bitcoin aficionado and Fundstrat cofounder Tom Lee says he's more bullish on the crypto sector than ever, remarking that Bakkt's imminent launch could bring some much-needed legitimacy to the market. Lee tweeted that Bakkt's launch should bode well for the highly-lauded hopes of institutional involvement in the cryptocurrency
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