The United Nations continues to investigate and reveal its findings that allege that North Korea has been the instigator behind significant fraud activity in the cryptocurrency world. There had been several reports from cyber security firms that also pointed to North Korea as the culprit in several cyber compromises of crypto exchanges over the past…
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The Monetary Authority of Singapore (MAS) has partnered with JPMorgan to create a blockchain-based prototype for multi-currency payments. The information came from an official release from MAS, where Singapore's central bank states that the most current development on the Project Ubin is that users will be able to make payments in different currencies on the very…
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The need to plan the affairs of state for China has always been a challenge. Feeding nearly 1.4 billion people and coordinating the world’s largest manufacturing industrial complex, when scant resources are available domestically, requires a long-range plan. One agency, the National Development and Reform Commission (NDRC), is one of 26 cabinet departments that is…
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Allegations of Whale misconduct in the crypto space have been prevalent of late. The issues continue to be suspicions of deliberate price manipulation tactics, and a new report from Whale Alert, an industry watchdog of just such behavior, has confirmed that Whales do and have demonstrated on occasion their ability to influence the market. Frank…
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Andreessen Horowitz is launching a free crypto startup school. In October 2019, a16z general partner Mr. Chris Dixon announced the project at TechCrunch Disrupt. The official launch of the school is today. Interested parties can already apply and can do so in the following four weeks. The idea behind the school is to democratize the…
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There aren't many crypto-friendly banks that can be named, let alone one that goes public on the premises it supports cryptocurrencies. But Silvergate Bank is such a bank. It officially went public on the New York Stock Exchange this past Thursday. Silvergate applied for an IPO roughly one year ago and it was only yesterday…
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Brad Garlinghouse is definitely one of the most well-known figures in the cryptocurrency world. He is the CEO of Ripple. He recently gave his opinion on what the cryptocurrency future can look like, and it's not a positive outlook in terms of numbers of surviving alt coins and volume. Garlinghouse predicts that around 99% of…
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Coinbase has expanded its portfolio in the last couple of years with more and new cryptocurrencies. But this is the first time the cryptocurrency wallet and exchange is rewarding users who hold a particular cryptocurrency - Tezos (XTZ). Coinbase announced through a blog post on Wednesday this week that US customers (except residents of New…
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The Bitcoin rollercoaster ride continues, but at the moment, it is at the starting gate, taking on new riders, i.e., consolidating, if we wish to shift metaphors back to trading parlance. Advocates were preparing back in August to head south for the winter, but a month later, after Bakkt fizzled, their bags were packed and…
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Sometimes numbers really matter, especially if you want to demonstrate how far an industry has come along in a short period of time. Bitcoin has done just that, when you measure the cumulative value of fee revenue streams to the mining industry. Recent news stories about Bitcoin’s halving event in May of 2020 have focused…
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