Monthly Archives: March 2019

Major Cryptocurrencies See Slight Gains, Palladium Hits $1,600 for The First Time

Crypto markets are seeing a tint of green, with just a few top coins in the red. Bitcoin is hovering over the $4,000 mark. Tuesday, March 19 — cryptocurrency markets are mostly trading in the green zone, with Bitcoin (BTC) hovering above the $4,000 mark. Market visualization from Coin360 During the day, BTC has been trading in a narrow corridor between $4,031 and $4,082. At press time, the leading coin is trading at around $4,059, up around 0.62 percent on the day. Today, major cryptocurrency exchange Binance […]

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Report From Former CFTC Chairman Calls for Advanced Crypto Regulations

A recently published report from former CFTC chairman Timothy Massad has called for better regulations on crypto assets. A recent report published for the Brookings Institution is calling for enhanced regulations on cryptocurrencies. The report was authored by Harvard University fellow Timothy Massad, who served as chairman of the United States Commodity Futures Trading Commission (CFTC) during the administration of Pres. Barack Obama. The report dubbed “It’s time to strengthen the regulation of crypto-assets” addresses the purported need for better regulation on digital currencies, the illicit use […]

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Quadrigacx Co-Founder Michael Patryn Is Actually Convicted Fraudster Omar Dhanani

Quadrigacx co-founder Michael Patryn is actually a convicted criminal who went by the name Omar Dhanani, a Bloomberg report alleges. Dhanani has been previously convicted of identity theft linked to bank and credit card fraud and sentenced to 18 months in a U.S. federal prison. He was later deported to Canada. Also read: Spain’s 2gether Unveils Crypto Debit Card, as Polispay is Forced to Cancel its Mastercard A Man of Many Faces While Dhanani, now known as Patryn, refused to comment on the matter, Bloomberg claims to […]

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TNW: Binance Lite to Allow Australians to Purchase Bitcoin at Newsagents

Binance Lite will enable the exchange’s Australian customers to buy Bitcoin with fiat money from supported newsagent stores. Major cryptocurrency exchange Binance is expanding its “Binance Lite” service to allow Australian residents to purchase Bitcoin (BTC) at newsagents, technology news outlet The Next Web reported on March 19. The new service Binance Lite — which will initially be introduced in Australia — is purportedly set to enable customers to buy digital currency with fiat money from more than 1,300 supported newsagents within the country. The service currently […]

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Binance Launchpad Hosts Its Third ICO With Celer Network Raising $4 Million

Binance’s exclusive token launch platform Binance Launchpad completed a $4 million sale of Celer Network (CELR) tokens. Binance Launchpad, the token launch platform of the major global crypto exchange Binance, has completed a $4 million sale of Celer Network (CELR) tokens, the company wrote on March 19. The tokens sale was completed in 17 minutes and 35 seconds, with all 597,014,925 CELR tokens sold in a single session. As the company announced two weeks ago, the CELR token sale only accepted Binance’s own cryptocurrency Binance Coin (BNB), […]

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This Version of Lode Runner Is Fueled by BCH-Powered SLP Tokens

On March 18, Portuguese programmer Cláudio Gil revealed the launch of an old 80s video game that uses Bitcoin Cash-based Simple Ledger Protocol (SLP) tokens for interactive play. The Lode Runner SLP version is a port of the classic 1983 puzzle-oriented action game that allows people to play using the Badger wallet and non-fungible SLP coins called LVL. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval Lode Runner and SLP Tokens Token creation on the Bitcoin Cash (BCH) network has been prolific lately […]

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Report: Malware Targets Israeli Fintech Firms Working in Crypto, Forex Trading

According to a cybersecurity company, Israeli fintech companies are being targeted by malware. Israeli fintech companies that work with forex and crypto trading are being targeted by malware, according to a blog post from threat research department Unit 42 of cybersecurity company Palo Alto Networks published on March 19. Per the report, Unit 42 first encountered an older version of the malware in question, Cardinal RAT, in 2017. Since April 2017, Cardinal RAT has been identified when examining attacks against two Israel-based fintech companies engaged in developing […]

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Japanese Company Launches New Stablecoin Pegged to the US Dollar

sponsored A Japanese company has launched a ERC-20-compliant stablecoin that is pegged to the U.S. dollar and supported by major Ethereum crypto wallets. A Japanese company has launched an ERC-20-compliant stablecoin that it says offers “absolute decentralization, maximum security and a reliable source of stability in the face of volatility.” As its name suggests, USDDex is directly pegged to the United States dollar, helping traders to move their money into crypto without exposing themselves to the erratic price movements seen in other major digital assets such as […]

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Fortune 500 Company Avnet Works With BitBay to Add Bitcoin, Bitcoin Cash Payment Option

One of the global leaders of electronic components distributions is working with BitPay to facilitate a cryptocurrency payment option. Avnet, Inc, one of the world’s largest distributors of electronic components and technology solutions providers, has announced a collaboration with crypto payment processor BitPay to accept cryptocurrency for the company’s services and products. The development was disclosed in an official press release published on March 19. Avnet, Inc., which has been listed on Fortune 500 for 24 years, had an annual revenue in 2018 of more than $19 […]

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Nash Is a Decentralized Exchange for Cross-Chain Trading With Fiat Integration

90% of all cryptocurrency trading takes place on centralized exchanges. Nash is part of a new breed of exchanges determined to change that. The next generation of decentralized exchanges (DEXs) promise to improve the UX and simplify the trading experience, empowering users to retain custody of their funds without suffering the trade-offs that are normally commensurate with DEXs. News.Bitcoin.com was shown a walkthrough of the Nash platform ahead of its imminent public release. Also read: Bitmain Releases Equihash Miner 3x More Powerful Than Its Predecessor The Battle […]

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