After Bitcoin's value was slashed in half, dropping from almost $20,000 to $10,000 in just two weeks, many investors started to pull their money out of accounts and wonder how to proceed next. The news that South Korea is banning cryptocurrency trading and investors's accounts has undeniably helped the value of the whole crypto market…
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It's been a tough month for the cryptocurrency market. The market capitalization of the market went from $750 billion to around $550 billion in just under two weeks. Almost all alt coins decreased in value with the recent announcement that South Korea will be banning cryptos. However, with such "gloominess" among investors, things are looking…
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The Commodity Futures Trading Commission (CFTC) has announced that it has filed a federal civil enforcement action in the U.S. District Court for the Eastern District of New York against Defendants Patrick K. McDonnell, of Staten Island, New York, and CabbageTech, Corp., doing business as Coin Drop Markets (CDM), a New York corporation, charging them with fraud and…
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Intercontinental Exchange, Inc. (NYSE:ICE), an operator of global exchanges and clearing houses and provider of data and listings services, and Blockstream, a blockchain technologies and financial cryptography company, announced today the launch of the Cryptocurrency Data Feed. ICE Data Services’ new feed offers real-time cryptocurrency information and will initially include data from more than 15…
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ICO boutique firm Chaineum has announced the launch of a €10 million hard cap ICO for Hush, which is developing a pan-European mobile app as an alternative to banks. The offering is fully compliant with regulatory requirements governing ICOs. Chaineum is handling end-to-end management of the fundraising, with pre-sales to debut the week of 22 January.…
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The Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM) informed today that they wish to draw the public’s attention to initial coin offering (ICO) schemes which may involve activities that are subject to laws administered by the SC and BNM. Carrying on such activities without proper authorisation is an offense. Issuers of ICOs should…
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The Bermuda Monetary Authority issued a report today entitled Risks of Initial Coin Offerings (ICOs). The complete text of it can be seen below: Bermuda Monetary Authority (BMA) is committed to providing a regulatory environment for Bermuda’s financial services industry that both protects stakeholders and supports innovation. Says BMA CEO Jeremy Cox: Today’s fast-paced global…
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Cboe Global Markets, Inc. (Nasdaq: CBOE) today announced the settlement of January expiry Cboe bitcoin (XBT) future. The settlement price was $10,900.00, as determined by the 4:00 p.m. ET Gemini Exchange bitcoin auction. Cboe XBT futures, the first regulated futures of their kind, launched on December 10, 2017, and a total of over 124,000 contracts…
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It isn't just the corporate and finance worlds which are getting into digital currencies, and the technologies underpinning them. Arizona State University and Dash, a top digital currency for payments, have announced a partnership designed to accelerate research, development, and education in ways that advance blockchain transaction speed, efficiency, security, and expand its uses. The…
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Since the release of bitcoin in 2009, cryptocurrencies have been making waves in the finance industry. Finder has asked fintech specialists to give their 2018 cryptocurrency predictions. For January, four panelists threw their hats into the ring to predict the movements of some of the top-trending cryptocurrencies: bitcoin (BTC), Bitcoin Cash (BCH/BCC), Cardano (ADA), Ethereum…
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