Someone with the name "09E282" just bought a virtual Formula 1 race car for over $100,000 in Ethereum. The name of the buyer is not known at this point. As data from Etherscan shows, the bid for the car won after a four-day auction ended on May 27th. The crypto collectible attracted over 15 different…
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Bitcoin is back. The cryptocurrency has recovered some of its "glory" in late 2017, and now the coin is trading at around $8,200 at the time of this writing. Bitcoin has captured to eyes and hearts of many wealthy and not-so wealthy people. Some are buying Bitcoin to fight inflation and their financial systems, while…
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Be on guard – Cyber crooks are getting very clever with technological tricks to, as the typical con game scam storyline goes, gain your trust, appeal to your greed, set the hook, and then fleece you for all that it is worth. The latest cyber “ruse” on the Internet is designed to victimize Bitcoin-aware consumers…
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The month of May, that time when investors typically “sell in May and go away”, has been rough on stocks. The S&P 500 index is down 5% at this writing, but over in Crypto-Land, Bitcoin is poised to win the performance race for the month, booking an incredible, astonishing (pick your preferred adjective) return of…
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Bitcoin is a global phenomenon, there is no doubt. Everyone either has heard of it, has it or hates it. The "people's currency" has made strides in proving that its value is here to stay, after experiencing a sharp increase in its price for fewer than three weeks. Many countries around the globe are looking…
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Binance, one of the dominant cryptocurrency exchanges, which recently faced backlash over a $40 million-hack, has partnered with the decentralized financial platform Cred in order to help with the mainstream of cryptocurrencies and promote finance decentralization. The partnership will bring cryptocurrency borrowing and lending services to the Binance ecosystem. The Chief Growth Officer at Binance…
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Salesforce is the latest "giant" to enter the blockchain game. The cloud solutions provider has just revealed its very own blockchain product built on the on the Hyperledger Sawtooth platform. As Coindesk reported: During the annual TrailheaDX conference, Salesforce announced its new low-code platform called Salesforce Blockchain that enables organizations to share verified, distributed data…
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Rakuten Wallet is launching a cryptocurrency exchange in Japan, and for this, it has partnered with the security company CipherTrace for all Anti-Money laundering procedures or AML compliance. The information comes from RTT News. The partnership is expected to drive trust and security in the market. Rakuten Wallet is part of the Japanese e-commerce company…
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The highly anticipated crypto guidelines from the Financial Action Task Force (FATF) may cause crypto zealots to go on the warpath. G20 financial officers will review and adopt the new FATF guidelines at their next meeting in June in Japan, but insiders that have already had a look reveal that the crypto industry may be technically…
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Initial Coin Offerings… remember them? Investor interest seemed to wane as Crypto Winter took hold of the industry, and regulators across the globe began to clamp down on what they perceived to be fraudulent activities. Fraud losses have been excessive, and the need for valid investor protections has pushed many fund raises down a track…
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