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Busted: Indian Crypto Ponzi Scheme Lured Muslims With Halal Investment Promises

November 13, 2018 0 0

An Indian cryptocurrency Ponzi scheme masquerading as an investment company has crumbled in the aftermath of the Reserve Bank of India’s declaration of cryptocurrency as “illegal tender”. The Deccan Chronicle reported this week that Ambidant Marketing and Investment Company, run by father and son duo Syed Fareed and Syed Afaq Ahmed, used promises of Halal investments alongside misused Ulemas (Islamic […]

Movers of the Day

November 13, 2018 0 1

Tokens and coins that moved the most in the last 24 hours: Top movers of the day are Wowbit and Internet of Games. Since 6 pm today’s winner Wowbit has increased by 2.74% while Internet of Games has surged even by 29.36%. The significant move also made Ternio which surged 13.91%. Most tokens and coins […]

Crypto-Friendly Robinhood under the Hood: Payments for Order Flow

November 12, 2018 6 0

Robinhood is no doubt quite a revolutionary start-up. They have managed to completely rewrite the rulebook when it comes to retail brokerage and trading. Using a no fees model, they are giving users the opportunity to purchase assets such as equities, Indices and cryptocurrency at the same rate as the institutional markets. Many view them as […]

Bitcoin Accepted Here: Major US Museum Now Takes Crypto Payments

November 12, 2018 0 0

Great Lakes Science Center, a large museum and educational facility in downtown Cleveland, Ohio, will begin accepting Bitcoin as a payment method beginning November 13. Kirsten Ellenbogen, the CEO of Great Lakes Science Center, said that the institution decided to accept crypto to facilitate the growth of the local blockchain ecosystem. “There is a lot of excitement around the […]

What Bear Market? Major Bitcoin Mining Farm Goes Live in Canada

November 12, 2018 0 0

The bitcoin mining facility that DMG Blockchain Solutions announced it was building in British Columbia, Canada in July is now operational. Though the full capacity of the facility is 85 megawatts, initially only 60 megawatts will be made available at the operation that occupies 27,000 sq. ft. The power that the Mining as a Service (MaaS) operation […]

Distributed Ledger Tech (DLT) can Automate Regulation: CFTC Chairman

November 11, 2018 0 0

As FinTech continues to reimagine new business models for finance, a high-profile financial regulator believes it can also be used to enforce derivative laws more effectively. J. Christopher Giancarlo, the chairman of the US Commodity Futures Trading Commission (CFTC), highlighted distributed ledger technology (DLT) and how it can automate regulations for derivative markets while speaking at the D.C. […]

Study Finds ‘Promising’ Crypto Workarounds to Europe’s GDPR Regulation

November 11, 2018 0 0

A joint study between Queen Mary University of London and the University of Cambridge concluded that, whilst challenging, it is theoretically possible for organizations to design blockchain applications that fully comply with recently implemented EU ‘General Data Protection Regulation’. The research was published in the ‘Richmond Journal of Law and Technology’ and cited challenges such as exorbitant […]

Absurd: Investors Can Only Trade Venezuelan Petro to Crypto if Bought in 2018

November 11, 2018 0 0

According to TeleSUR TV, a mainstream media outlet in Venezuela, the country’s “cryptocurrency” called the Petro can only be traded to other crypto assets if bought before the end of 2018. Former Wall Street bond trader and digital asset analyst Jill Carlson translated the speech of Venezuelan President Nicolas Maduro, which read: “Anyone who buys […]

Cryptocurrency Exchange Giant Binance Launches Research Division

November 10, 2018 0 0

Binance announced around midnight Chinese time yesterday that it is branching beyond being an enterprise-quality consumer token exchange with the launch of Binance Research, an investigative subproject which relays in-depth, objective information on upcoming tokens – presumably, tokens listed on the exchange. Binance Research is a new pillar of the Binance ecosystem, focused on the creation […]

BBVA and Co-Lenders Complete $150 Million Syndicated Loan on a Blockchain

November 10, 2018 0 0

Two European and one Japanese bank one have completed the first blockchain-based syndicated loan. Together with France’s BNP Paribas and Japan’s Mitsubishi UFJ Financial Group, Spain’s banking behemoth BBVA utilized a private blockchain network in arranging a syndicated loan amounting to US$150 million for grid operator Red Electrica. Initially reported by the Financial Times, legal advisers were also […]


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