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Following the court order for three major banks in Chile to reopen current accounts of crypto exchanges, Cryptomkt and Buda.com, one bank has complied. Bancoestado has reportedly made arrangements to open an account for Cryptomkt exchange, which expects to resume cryptocurrency transactions in the coming days. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space … Read more
EOS promises a fast, fee-less platform for decentralized applications via the blockchain, but it needs a great deal of participation from token holders to be a success. As a more centralized project in which twenty-one voted-in supernodes confirm transactions, voting is key to keeping block producers accountable and successful in supporting the large volume expected … Read more
As reported here on May 24, the world’s biggest cryptocurrency brokerage and trading platform, Coinbase, acquired decentralized cryptocurrency exchange Paradex. Intent to Add Tokens In an official announcement, Coinbase CEO Brian Armstrong stated that the acquisition of Paradex was part of a larger Coinbase initiative to expand globally and serve customers outside of the US. “The move … Read more
Another government-approved Japanese cryptocurrency exchange has launched a program to borrow cryptocurrencies from its members. The exchange seeks to borrow as little as 1 BTC. Initially, only BTC will be borrowed, but the exchange plans to add other cryptocurrencies including BCH, XRP, ETH, and LTC. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Bitbank … Read more
Regulators continue to pressure cryptocurrency exchanges and initial coin offerings. This is only normal, as these new industries present many opportunities but also pose major challenges. The Monetary Authority of Singapore is cracking down on problematic ICOs. So much, in fact, that one particular project was forced to return its funds to Singaporean investors. Another ICO Goes Awry … Read more
It has been a while since we last heard anything about OneCoin. Although this blatant pyramid scheme is still active, it seems the regulatory crackdown is not slowing down in the slightest. In China, nearly 100 individuals are being prosecuted for promoting the OneCoin pyramid scheme, and that number may rise. The OneCoin Cancer Needs to be … Read more
Trademarks and patents are often frowned upon in the world of cryptocurrency. This decentralized technology is designed to be free and open to everyone. As such, trademarks and patents can cause a lot of unnecessary hindrances. In the United Kingdom, one company successfully trademarked the word ‘Bitcoin’. A Trademark With Major Implications Trademarking a commonly used term … Read more
Hackers and other online criminals will continue to pay close attention to Bitcoin and other cryptocurrencies. In London, police officials arrested one particular hacker and seized $667,000 worth of Bitcoin in the process. It remains unclear what will happen to the confiscated Bitcoins, although it seems likely they will be auctioned off. Another Bitcoin-related Arrest … Read more
Tron has been one of the more successful cryptocurrency projects over the past year. Despite not having launched a main net, the hype and expectations associated with Tron are very real. It now appears the founder of this cryptocurrency project is looking to buy BitTorrent Inc. That is a rather intriguing development, and a very strange … Read more
Chinese crypto company BTCC has announced it will launch an upgraded exchange platform next month. Initially, users will be able to trade BCH, BTC, ETH, LTC, and USD, with other currencies to be added later. BTCC returns with enhanced liquidity, faster deposits and withdrawals, and zero trading fees for the first three months. Also read: … Read more
