Monthly Archives: August 2019

Terra Stablecoin Alliance Adds South Korean Music Streaming Platform

South Korean music streaming platform Bugs has joined the blockchain-oriented Terra Alliance e-commerce ecosystem. Blockchain payment system and stablecoin issuer Terra has added South Korean music streaming platform Bugs to its e-commerce alliance.  As CoinDesk reported Aug. 14, there are now 25 partners in the Singapore-based company’s South Korea-focused payment ecosystem. The Terra Alliance uses payment solutions provider CHAI as its front-end. CHAI incorporates a mobile payments app which connects to 15 major local banks. Terra’s blockchain-based platform then sits in the background, linking payments to e-commerce […]

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US Financial Regulators Reach $7M Settlement Over PlexCorps ICO

The U.S. SEC has reached a settlement agreement with entities alleged to have broken securities laws in an ICO that netted over $8 million. The United States Securities and Exchange Commission (SEC) has reached a multi-million dollar settlement with PlexCorps owner Dominique Lacroix, business partner Sabrina Paradis-Royer and PlexCorps over an allegedly fraudulent initial coin offering (ICO). The SEC submitted its settlement agreement to a U.S. District Court in Brooklyn on Aug. 12. According to the filing, the defendants will collectively be fined nearly $7 million as […]

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Argentina’s Peso Collapse Shows Governments Shouldn’t Control Money

Whenever bitcoin experiences a sharp drop or volatility, mainstream media analysts jump to declare that cryptocurrency isn’t stable enough to be considered money. The double-digit crash of the Argentine peso in one day, simply due to an election in the country, can be said to prove the same about fiat. Also Read: Big Banks Enabled Jeffrey Epstein’s Sex Trafficking Crimes Vote Sends Peso Into Free Fall On Monday Argentina’s peso currency dropped over 30% in value to a record low of 65 pesos per 1 U.S. dollar. […]

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Bitmessage Developer: Craig Wright Faked Documents on Bitcoin Creation

The developer of peer-to-peer messenger Bitmessage testified against computer scientist Craig Wright, stating that some of Wright’s documents in a trial were faked. The developer of peer-to-peer messenger Bitmessage, Jonathan Warren, testified against Australian computer scientist Craig Wright stating that some of Wright’s documents in a recent trial were faked. Per a court document released on Aug. 13, Warren testified in the course of an ongoing lawsuit against Wright filed by the estate of David Kleiman, who was a cyber-security expert, whom many believe to have been […]

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Iran Crypto Devs Launch Platform for Flood Victims in Light of US Sanctions

Crypto developers in Iran have created a charity platform for crypto donations in an effort to bypass United States sanctions. Volunteer cryptocurrency developers in Iran have created a blockchain platform called IranRescueBit, which allows people to make charitable cryptocurrency donations to aid regions in the country in recovering from destructive flooding. Al Jazeera shared the news in a report on Aug. 14. According to the report, the platform supports donations in Bitcoin (BTC), Ether (ETH) and Litecoin (LTC). The government is reportedly not involved in the project. […]

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Luxembourg Financial Watchdog: Crypto Entity Lied About Licensure

Luxembourg’s financial regulator has warned the public that a cryptocurrency-related firm has no license to operate in the country, despite its claims. Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), says that a seemingly crypto-related entity called Cryptominingoptionsignal claims to be licensed in Luxembourg, but is not. In a warning notice dated Aug. 13, the country’s watchdog simply wrote:  “The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the activities of an entity named Cryptominingoptionsignal […] The CSSF informs the public […]

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Binance Jersey Partners with Crypto Platform Caspian for Faster Trades

Binance’s fiat-to-crypto service for European currencies has partnered with a fast-execution crypto platform. Binance’s fiat-to-crypto conversion branch for euros and British pounds, Binance Jersey, has entered into a partnership with the crypto investment service Caspian, which provides trading, portfolio and risk management on its platform. Caspian shared news of the partnership with Cointelegraph on Aug. 14. The partnership will purportedly result in improved security for crypto investors, as well as a lower barrier to entry for the crypto market. The managing director of Caspian Chris Jenkins elaborated: […]

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Blockchain and Crypto Jobs Market: 2018 Vs. 2019 by the Numbers

Companies are actively hiring blockchain and cryptocurrency specialists, while the number of job searches has dropped. Along with Bitcoin (BTC) price growth in 2019 (from $3,400 in February to $12,689 in June), some segments of the labor market related to cryptocurrencies and blockchain have also actively manifested themselves. Demand for lawyers has risen sharply, Facebook is actively hiring and the United States is breaking every record in terms of the number of job offerings. However, the overall picture is rather ambiguous. Blockchain experts are still in demand, […]

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Maryland State Government Participating in Operation Cryptosweep

The Attorney General of Maryland Brian Frosh announced that the state is participating in Operation Cryptosweep. The Attorney General of Maryland announced that the state is participating in Operation Cryptosweep. Maryland Attorney General Brian E. Frosh announced that state regulators would be participating in the initiative in a press release published on Aug. 14. Operation Cryptosweep is a joint initiative of state and provincial securities regulators in the United States and Canada, wherein they launched probes into potentially fraudulent or noncompliant crypto investment programs. The initiative targeting […]

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Price Analysis 14/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM

Bitcoin has broken down of a tight range. Will it weaken sentiment and drag a few major altcoins to new yearly lows? Let’s analyze the charts. 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. Nicholas Colas, co-founder of DataTrek Research, believes that the performance of Bitcoin in the past few […]

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