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The Federal Reserve, the U.S.’ central bank, published a proposed rule change Friday asking about the recording requirements for money transfers involving virtual currencies.According to the rule change proposal, the Fed and the Financial Crimes Enforcement Network propose modifying the thresholds at which banks must collect and store fund transfer information,
Read MoreSecurities services provider BNP Paribas has just completed a Proof of Concept with cloud based crypto wallet provider Curv, to demonstrate a highly secure way to transfer security tokens.The security token was transferred using Curv’s advanced cryptography which utilizes a concept called multi-party computation (MPC). The institutional grade technology enables
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The transfer window is officially closed as attention slowly returns to on-field performance.There were some incredibly astute signings across the board that’ll almost certainly make the Premier League more competitive.It wasn’t all sunshine and announcement videos, though, with some clubs struggling to make a dent in the market.The Premier League
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The new bitcoin transaction automatically complies with the FATF Travel Rule and will save intermediaries from doing it all manually. Source
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Crypto Finance AG and 21 Analytics successfully completed a Bitcoin transaction in accordance with the standards of Financial Action Task Force (FATF).Two Swiss Firms, Crypto Finance AG and 21 Analytics in collaboration with My Pelerin announced on Thursday that they have successfully completed a Bitcoin transaction that complies with the
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SpaceChain said the test advances its dreams of building a decentralized blockchain infrastructure in space. Source
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Around 2,500 stolen bitcoins ($28 million) from the 2016 Bitfinex breach were transferred from the hacker’s wallet on Monday.The last time the Bitfinex hackers moved funds from the hack four years ago, they moved around $5 million worth of coins on June 24. This time around, the top crypto
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Over the past week, the crypto community has been left befuddled by three small Ether (ETH) transfers that incurred millions of dollars in fees.However, new reports have given weight to speculation that the seven-figure fees may have been deliberately spent as part of a blackmail scheme targeting a cryptocurrency exchange,
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Ethereum co-founder Vitalik Buterin thinks that the stablecoin industry is missing a valuable opportunity to improve interoperability between different blockchains. In a lengthy Twitter thread on May 20, Buterin suggested that stablecoins could enable users to move value across different blockchains:“In the specific case of issuer-backed stablecoins there's lots of things
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Even idle speculation that mysterious bitcoin founder Satoshi Nakamoto might be moving around a small batch of the cryptocurrency appeared sufficient to spook the market on Wednesday. Bitcoin slid 2.3% on the day, retreating after a four-day rally and pushing the price down to about $9,500.You're reading First Mover, CryptoX's daily markets newsletter. Assembled
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