Monthly Archives: May 2019

Belarussian Exchange to Offer Tokenized Government Bonds

Global exchange website Currency.com has announced that it will be offering a tokenized form of Belarussian government bonds. The global exchange website Currency.com has announced that it will be offering a tokenized form of Belarussian government bonds, according to a press release on May 7. According to the press release, users can now use fiat money or cryptocurrencies bitcoin (BTC) and ether (ETH) to invest in and trade Belarussian government bonds. Belarussian-based company Currency Com Bel LLC is reportedly the first organization to tokenize government bonds. As […]

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Bloomberg: Major Crypto Traders Meet to Establish Industry Blacklist, Standards

A group of 35 largest cryptocurrency traders is reportedly mulling the idea of creating a blacklist of counterparties engaged in nefarious activities. A group major cryptocurrency traders is considering the idea of creating a blacklist of counterparties engaged in nefarious activities in the crypto space, Bloomberg reported on May 8. At a meeting in Chicago on Tuesday, a group of traders from 35 digital assets firms including such industry players as trading firm DRW Holdings Inc.’s Cumberland crypto unit, Mike Novogratz’s Galaxy Digital Holdings, and tech startup […]

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WeChat Plans to Stop Merchants From Transacting in Cryptocurrencies

WeChat, the #1 messaging app in China, is also widely used for cryptocurrency transactions. Recently, WeChat Payment has revised the “WeChat Agreement for Payment Service,” which involves the control and regulation of illegal transactions, including cryptocurrency transactions. The revised agreement will be put into effect on May 31, 2019. According to the first, second and third terms of the agreement, direct or disguised engagement in internet gambling, pornographic platforms, internet lottery sales platforms, illegal foreign exchanges, precious metal investment trading platforms, illegal securities and futures trading platforms, […]

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An Ethereum 2.0 Proof-of-Stake Testnet Blockchain Is Now Live

An Ethereum 2.0 Proof-of-Stake testnet beacon blockchain is now live. An Ethereum (ETH) 2.0 Proof-of-Stake (PoS) testnet beacon blockchain is now live. Preston Van Loon, co-founder of sharding development firm Prysmatic Labs, announced the development in a Medium post on May 7. Ethereum 2.0 is an upcoming new Ethereum chain featuring improvements in security, scalability, and decentralization. Ethereum 2.0 would not be introduced to the current Ethereum network by means of a hard fork. Instead, users will be able to transfer value from the current Proof-of-Work (PoW) […]

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Malta’s Registry of Companies Set to Run on Blockchain-Based System

Malta’s Registry of Companies is going to run on a blockchain-powered system to boost efficiency and reduce unnecessary bureaucratic procedures. Malta’s Registry of Companies is going to be run on a blockchain-powered system, local news outlet the Malta Independent reported on May 8. The Registry of Companies is a public registry holding official information and documentation pertaining to new and existing companies. The agency demerged from the Malta Financial Services Authority’s (MFSA) and established itself as a separate entity at the end of last year. According to […]

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Binance Hacked for $40M, CEO Backpedals on Recoup Via Block Reorganization

Chinese crypto exchange Binance suffered a major hack on Tuesday, which the company’s CEO responded to by proposing a rollback of the Bitcoin blockchain to rectify — a suggestion that riled up the community. The company formally notified the public via an announcement on the evening of May 7, 2019, claiming that the hackers had employed a diverse range of tactics from outright viruses to social engineering techniques such as phishing scams. In addition to gaining access to other sensitive information, Binance also admitted that a single […]

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Crypto Mining Firm Argo Blockchain Expects Cash Breakeven in May With New Miners

Cryptocurrency mining firm Argo Blockchain expects a breakeven in May following an investment in new mining equipment. Cryptocurrency mining firm Argo Blockchain expects a breakeven following an investment in new mining equipment, according to a press release published on the London Stock Exchange’s (LSE) site on May 8. London-based Argo said that it expects a cash breakeven in May, and outlined its intention to continue to expand its mining infrastructure as hardware prices become cheaper. The company expects that 1,000 units of Bitmain Z11 miners that came […]

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 8

Despite the recent hack and theft of 7,000 bitcoins from crypto exchange Binance, the coin is making decent gains on the day. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Hackers have breached the security cover of one of the largest cryptocurrency exchanges, Binance and stole 7,000 bitcoins from […]

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Markets Update: Crypto Prices Show Strong Recovery After Binance Loss

Cryptocurrency markets are doing much better the day after the digital asset exchange Binance lost roughly 7,000 BTC ($40 million). Immediately after the trading platform officially announced the multi-million dollar loss, the cryptoconomy shed billions but since then most digital assets have recovered and markets are doing surprisingly well. Also read: $500K of BCH Shuffled in Record-Breaking Cashshuffle Transaction Cryptos Recover After Dropping a Few Percentages Following the Binance Loss of $40M May 7 was a crazy day for crypto enthusiasts when the exchange Binance announced the […]

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Facebook Revises Policy on Blockchain Ads, Crypto-Related Materials

Facebook has revised its policy on blockchain-related ads and educational materials regarding cryptocurrencies. Ads pertaining to blockchain tech, industry news, as well as events and educational materials for cryptocurrencies can now be displayed on Facebook without prior approval. The social media giant announced the development on Facebook Business on May 8. This marks a change from last year, when Facebook implemented a policy that required crypto and blockchain promoters to get prior consent before they could run advertisements. The press release goes on to specify that this […]

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