The global Singapore-based cryptocurrency exchange Bitbox announced on 6th of January that it will delist all trading pairs that include XRP. Bitbox has not released the exact reason as to why it is delisting all XRP-based trading pairs, but one thing that markets suggest is that the growing concerns related to the Ripple currency might…
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The Qatar Financial Centre (QFC), the country's financial regulator, has banned cryptocurrency trading. Not only that, but the prohibition applies to anything of value that is close to or a substitute for currency, can be digitally transferred or traded and be sued for investment or payment purposes for clients. The news comes from a report…
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The Litecoin Foundation has announced a new partnership with BitGo to meet the ever-growing custody needs of customers, as the secure storage of digital assets has become even more important in recent months. In this partnership BitGo is providing its multi-signature wallet for cryptocurrency custody services, a wallet that will be utilized by the Foundation.…
Read moreBack in December 2017, Leaprate reported that the SEC obtained an emergency asset freeze to stop the ICO fraud of PlexCorps that raised $15 million from multiple investors by misleading them with 13-fold profit figures in less than 1 month. After the regulator settled charges with PlexCorps by penalizing it with $4.56 million plus an…
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Not long ago, one of the most awaited ICOs in the crypto industry was called off. Leaprate reported that Telegram called off its initial coin offering after raising the jaw-dropping amount of $1.7 billion in the presale round. Not only that, but the SEC went on to sue TON (the Telegram Open Network) and Telegram for…
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The new year hasn't even started out yet and there are already massive whale alerts going off in the crypto space. Today, there was a Whale Alert Twitter account that detected a huge amount of XRP released by Ripple to its so-called Funding Wallet 1. The Funding Wallet 1 was created by Ripple's co-founder and…
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China is introducing a Password Law at the very start of 2020 to promote digital currencies and their adoption. The ultimate goal is to allow the technology of blockchain to thrive and set a legal framework for the issue of digital blockchain-based RMB. According to press, China passed a password law in 2019 (October) that…
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While there is no proof who the real Satoshi Nakamoto is, legal cases and Bitcoin awards for proclaimed "Satoshis" are quire common. The latest one involves the most famous "Satoshi" of all: Mr. Craig Wright. Mr. Wright has fought several legal battles in the crypto industry, with the latest being against his former business partner…
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Takasbank (or Turkey’s Istanbul Clearing, Settlement and Custody Bank) has announced that it will be launching a blockchain-based physical gold-backed transfer system. The system is called BIGA Digital Gold and allows P2P gold transfer through blockchain. The transfer is valid for digitizable gold only. According to the announcement what the new system tries to accomplish…
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While the US is still pondering on a Bitcoin ETF, China is moving forward in to the future by preparing to launch its first blockchain ETF, it seems. Penghua Fund, a Shenzhen-based asset management company, has recently filed an application for a blockchain ETF, a document that was accepted by CSRC or the China Securities Regulatory Commission…
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