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Singapore: Bill Tabled to Place Crypto Payment Services Under Central Bank Oversight

November 27, 2018 0 0

A new bill which will impact electronic wallets and digital payment tokens such as bitcoin has been tabled in Singapore’s parliament. The Payment Services Bill will place the providers of payment services that are not under the regulatory oversight of Money-Changing and Remittance Businesses Act and the Payment Systems Oversight Act under the umbrella of Singapore’s […]

Breaking: What Crypto Winter? Nasdaq to Launch Bitcoin Futures Market

November 27, 2018 0 0

The world’s second largest stock exchange Nasdaq is planning to introduce a Bitcoin futures market within the first quarter of 2019. Sources told Bloomberg that Nasdaq has been cooperating with the Commodities and Futures Trading Commission (CFTC) to receive regulatory approval to operate as a compliant cryptocurrency futures market operator. The report read: “Nasdaq has been working to satisfy the […]

Norway Bitcoin Miners Eye Exodus to Sweden after Electricity Tax Hike

November 27, 2018 0 0

The Norwegian government’s decision to scrap tax subsidy on the power conferred to bitcoin miners is prompting them to migrate offshore. According to Erik Svensson, who serves as the director to Boden Business Agency, a Sweden-based data center company, bitcoin miners from neighboring Norway region are interested in moving their data centers to Sweden. He confirmed being […]

Trezor Warns Consumers as Trezor One Fakes Flood the Market

November 26, 2018 0 0

Crypto hardware wallet provider Trezor has warned customers of a new method being used by thieves to steal cryptocurrencies from hardware wallets. Trezor, known for its flagship hardware wallet Trezor One and the Trezor Model T, said unscrupulous individuals were distributing “one-to-one copy of Trezor One,” using it as a medium to steal other people’s […]

Ripple (XRP) Gains 21% in Market-wide Recovery, Overtakes Ethereum as 2nd Biggest Crypto

November 26, 2018 0 0

The Ripple market segment witnessed a 21 percent recovery upon establishing a new November lowat $0.329. The XRP/USD rate on Monday touched 0.399-fiat in a higher high formation on BitFinex. In the meantime, the coin’s market cap reached close to $15.61 billion, replacing Ethereum to become the world’s second-largest cryptocurrency. Ripple’s chief marketing strategist Cory Johnson […]

North Dakota Slaps Russian ICO Passing Off as Union Bank AG with Cease and Desist

November 26, 2018 0 0

The securities commissioner of North Dakota has issued Russia’s Union Bank Payment Coin with a Cease and Desist Order. According to Karen Tyler, North Dakota’s securities commissioner, Union Bank Payment Coin promoted unregistered securities that were potentially fraudulent via an Initial Coin Offering (ICO). This came on the back of investigations done by North Dakota Securities Department’s ICO Task Force […]

Bitcoin Won’t Last, But Crypto is Here to Stay: Edward Snowden

November 25, 2018 0 0

Exiled American whistleblower Edward Snowden has weighed in on the conversation surrounding bitcoin, stating that while the market lodestar will be eventually fade away, the use of cryptocurrencies will not end with bitcoin. Speaking in an interview with Ben Wizner, Director of the ACLU Speech, Privacy and Technology project, Snowden said that the belief which supports bitcoin acting as […]

Bitcoin Bounce: Overstock Shares Surge on Crypto Pivot Rumors

November 25, 2018 0 0

Following news that Overstock founder Patrick Byrne is selling the company’s retail business to focus on its blockchain offering, shares of Overstock have surged a massive 23.26 percent to end the day at $20.93. CCN earlier reported that Byrne decided to sell the retail business based on a conviction that tZero, the ICO backed by Overstock’s blockchain investment arm Medici Ventures has […]

Legal Experts Conclude Bitcoin May Not Be Legally Possible to ‘Possess’

November 25, 2018 0 0

In Bitcoin’s cryptographic design, the holder of the key (or keys in the case of multi-signature transactions), whoever holds the key to coins is the decision-maker when it comes to spending them. The fraudulent actions at Mt. Gox and other exchanges were ultimately due to this fact. People made deposits, essentially giving control of their funds to the exchanges. […]

Tezos Korea Foundation Joins Forces with Yonsei University to Promote Blockchain

November 24, 2018 0 0

The South Korean arm of the Tezos Foundation has signed a Memorandum of Understanding (MoU) with Yonsei University for the development of unique talents and expertise in blockchain technology, according to a press release published by Tezos. The release reads: “Through this agreement, both sides will strengthen the expertise of the blockchain and education expertise, and […]