Monthly Archives: September 2018

Confirmed: Crypto Exchange Huobi Acquires Publicly Listed Firm on HK Stock Exchange

Crypto exchange Huobi has acquired controlling stake in Hong Kong exchange-listed Pantronics Holdings, together with blockchain services provider Fission Capital. Cryptocurrency exchange Huobi has acquired controlling stock interest in Hong Kong-based Pantronics Holdings Ltd., according to an official announcement from the Hong Kong Stock Exchange (HKEx) dated August 29. As Cointelegraph reported August 28, HKEx-listed Pantronics, an electronic products manufacturing firm, had halted trading of its shares on the Main Board of exchange on August 22, citing a “possible offer to be made under Rule 26 of […]

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Belarus Seeks South Korean Investors Interested in Blockchain and Fintech

Belarus is seeking South Korean investors interested in blockchain and fintech projects. Belarusian diplomats are seeking South Korean investors for the country’s growing blockchain and fintech industry, Korea JoongAng Daily reported September 6. During a visit to Seoul on Tuesday, the deputy foreign minister of Belarus Andrei Dapkiunas reportedly stated that Belarus endeavors to establish relations with Korean investors interested in “fourth industrial revolution” technologies, including blockchain and artificial intelligence (AI). In an interview with Korea JoongAng Daily, Dapkiunas noted that Belarus has developed “groundbreaking state legislation” […]

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Trader Alleges Bithumb is Losing $150,000 USD Daily to Washtrading

A trader has posted on Twitter alleging that an actor is taking advantage of Bithumb’s 120% fee payback to milk the platform of approximately $150,000 USD each day through washtrading. Also Read: Uzbekistan Legalizes Crypto Exchanges and Trading Twitter Trader Claims Bithumb’s Promotional Fee Schedule is Getting Exploited The Twitter account of Alex Kruger, a cryptocurrency trader, has posted allegations Bithumb is losing roughly $150,000 each day to a single opportunist actor who is exploiting the exchange’s 120% fee payback schedule. Summarizing his findings, Mr. Kruger asserts that […]

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Battle of the Privacycoins: Why Dash Is Not Really That Private

Based on blockchain technology, most cryptocurrencies have an open and public ledger. While this is required for these systems to work, it comes with a significant downside: Privacy is often quite limited. Government agencies, analytics companies and other interested parties — let’s call them “spies” — have ways to analyze the public blockchains and peer-to-peer networks of cryptocurrencies like Bitcoin, to cluster addresses and tie them to IP addresses or other identifying information. Unsatisfied with Bitcoin’s privacy features, several cryptocurrency projects have, over the years, launched with […]

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Coinbase Eyes ETF With Help From BlackRock: Business Insider Report

In an effort to expand its institutional services, Coinbase is joining an industry chase for the ever-elusive bitcoin exchange traded fund (ETF). As reported by Business Insider, the cryptocurrency exchange provider has been liaising with BlackRock, a U.S. investment management company with some $6 trillion in assets under its purview. Individuals close with the matter said that Coinbase has sought guidance from BlackRock’s blockchain working group. While Coinbase spoke directly with employees involved with BlackRock’s blockchain arm, the exchange is after the organization’s expertise in legacy markets. […]

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Market-Wide Losses Intensify in Second Day of Major Crypto Price Plummet

Crypto markets are blisteringly red, with virtually all of the top 100 coins posting hefty losses on the 24-hour charts, and Bitcoin below $6,500. Thursday, September 6: crypto markets are blisteringly red, with virtually all of the top 100 coins posting hefty losses on the 24-hour charts, as Coin360 data shows. Market visualizat​ion from Coin360 Bitcoin (BTC) is trading at around $6,492 at press time, down almost 6.32 percent on the day, according to Cointelegraph’s Bitcoin Price Index. Having broken through the $7,000 threshold August 31, Bitcoin […]

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Blockchain-Based E-Commerce Platform to Help Merchants Open Shops Without Startup Capital

sponsored A new e-commerce ecosystem wants to help small merchants thrive, while giving social media users the opportunity to generate income. A startup e-commerce ecosystem is turning to blockchain to help businesses become more operationally efficient, while enabling billions of users on social media “to generate income with ease.” TIPO says it has identified three major problems facing the e-commerce market today. According to the company, many of the platforms currently dominating the industry are too focused on buying and selling when there are many other services […]

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Uzbekistan Creates State Blockchain Development Fund

Uzbek president Shavkat Mirziyoyev has established a state blockchain development fund called the “Digital Trust.” Uzbek president Shavkat Mirziyoyev has ordered the establishment of a state blockchain development fund called the “Digital Trust”, according to a document published on official government website Sunday, September 2. The fund’s aim is to integrate blockchain into various government projects including healthcare, education, and cultural areas. The organization will also be responsible for international investment in the Uzbek digital economy. The Digital Trust will be funded by the National Agency of […]

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Abra Supports SEPA Bank Transfers, Enabling Crypto Purchases With Fiat

Abra, the all-in-one digital wallet and cryptocurrency exchange, has announced its support for Single Euro Payment Area (SEPA) bank accounts. European users can now enable direct wire transfers from European banks to purchase any of Abra’s 28 available cryptocurrencies. Founded in 2014, Abra is working toward providing users with maximum privacy and control. The application is non-custodial, and the wallet’s private keys are never held by anyone other than the actual user. Abra employs no middlemen, ensuring customer funds are never touched, managed or viewed by outside […]

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An Indian Kid and the Pastry Window of Cryptocurrency

The average young Indian is curious and confused about cryptocurrency. They think it is cool, but right now, thanks to an interim regulatory ban, it’s a world that’s out of their reach, leaving them anxious and hungry to learn more. Do regulators and users know where to go from here? Also read: Major Indian Bitcoin Exchange Discusses the Aftermath of RBI Ban Cryptocurrency: Neither Here Nor ‘Their’ Ever heard of the “monster behind the door” theory? It holds that what you conjure in your mind is always scaier […]

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