Moldova is reported to start using blockchain technology to eradicate the child trafficking activity that is currently happening in the country. Moldova is one of the countries where the trafficking of children is at the highest, also combined with an overall low GDP growth and GDP per capita. The problem stems from the fact that…
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In an interview for Reuters, Mike Novogratz, the current CEO of Galaxy Investment Partners and the former macro hedge fund manager at Fortress Investment Group, talked about his opinion on bitcoin and why the digital currency is the new "gold". According to the Wall Street manager, bitcoin is undoubtedly a store of value. It has the…
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After SAP announced and launched its effort to integrate the technology of blockchain into more spheres of life such as the Internet of Things (IoT), supply chain, manufacturing and many more, the company said that 27 more partners have joined the initiative. The announcement was made at SAP TechEd Barcelona, taking place Nov. 14-16. According to…
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Man Group, the world's largest publicly traded hedge fund company, reporting $103.5 billion in funds under management as of September 2017, announced its readiness to add Bitcoin to its portfolio. The CEO of Man Group, Luke Ellis, expressed his positive opinion on Bitcoin and its potential addition to the products the hedge fund manages, especially if…
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The UK Financial Conduct Authority (FCA) has just issued a warning about the risks of investing in cryptocurrency CFDs. The complete text of the regulator's warning can be seen below: Contracts for differences (CFDs), including financial spread bets, with cryptocurrencies as the underlying investment are increasingly being marketed to consumers. These products are extremely high-risk,…
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Spreadbetting, FX and CFDs broker GKFX has announced that it has now joined the growing number of FCA regulated brokers offering their clients the opportunity to trade Bitcoin on MT4. Traders with GKFX will now have the chance to diversify their portfolios and trade BTCUSD and BTCEUR across all account types. Trading Bitcoin on the MT4…
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As bitcoin is now exploding and imploding on a daily basis, going to $8,000 to current lows of $6,300, the "people's currency" thrives in the state of Zimbabwe. Bitcoin seems to offer "rare protection from the onset of hyperinflation and financial implosion", says The Hindu Business Line. Zimbabweans are afraid of their currency losing value…
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The European Securities and Markets Authority (ESMA) informed that it has today issued two Statements on Initial Coin Offerings (ICOs), one on risks of ICOs for investors and one on the rules applicable to firms involved in ICOs. ESMA has observed a rapid growth in ICOs globally and in Europe and is concerned that investors…
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Bitcoin price is tumbling with around $1,000 after the upgrade that was scheduled to take place on the 16th of November was called off. Now, investors seem to invigorate interest towards Bitcoin Cash (BCH). After Bitcoin reached an all-time high of $7,800 in the past few days, after SegWit2x was cancelled, the current price is…
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Quoine is the first global cryptocurrency FinTech company to receive a license from Japan Financial Services Agency Quoine’s ICO, also known as the QASH Token Sale, started on November 6th at 00:00AM SGT. The QASH Token Sale had 4,988 participants from 98 countries around the world. At the end of the sale on November 8th at 23:59PM…
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