Monthly Archives: September 2019

Philippine Boxing Champion Manny Pacquiao Releases Own Cryptocurrency

Philippine boxing champion Manny Pacquiao has launched his own cryptocurrency, which will reportedly be listed on Singapore’s Global Crypto Offering Exchange. Philippine boxing champion and celebrity Manny Pacquiao has launched his own cryptocurrency. On Sept. 1, the South China Morning Post reported that the Filipino boxer turned politician and singer launched his own token with the financial support of private investors such as ex-Liverpool and England soccer star Michael Owen and Sheikh Khaled bin Zayed al-Nahyan, a member of Abu Dhabi’s ruling family. Listing on Singapore-based Global […]

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500,000 BTC Payout, Sudden Slump: Hodler’s Digest, Aug. 26–Sept. 1

Bitcoin loses support for five figures, Craig Wright ordered to pay 500,000 BTC, and China’s digital currency may be further away than first thought. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Sudden slump sees Bitcoin lose support for five figures After managing to maintain support above $10,000, Bitcoin (BTC) […]

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Crypto News From the German-Speaking World: Aug. 24–31 in Review

This week from Cointelegraph auf Deutsch: German authorities’ opinion on Facebook’s Libra and Swiss crypto banks getting FINMA licenses. The German-speaking world continues to keep up a fast pace in regard to cryptocurrencies and blockchain implementation. Among other stories during the past week: the Cabinet of Germany and Deutsche Bundesbank are working closely on issues related to central bank digital currencies, the Swiss Federal Council expressed its official opinion on Facebook’s Libra, Bitwala launched an all-in-one mobile Bitcoin bank app and more. Swiss crypto banks receive licenses […]

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Big Four and Blockchain: Are Auditing Giants Adopting Yet?

Last week, Deloitte unveiled a blockchain-based platform. Other Big Four firms are following suit, but to what extent? Last week, Big Four firm Deloitte unveiled a mobile platform designed to host blockchain networks on a small scale for demonstration purposes. The product is “based on client interest in understanding blockchain capabilities in live interactions,” as per the press release.  With this move, the Big Four companies — comprised of Deloitte, PwC, Ernst & Young (EY) and KPMG — continue their expansion into the field of blockchain. Combined, […]

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Top-5 Crypto Performers: BSV, BTC, XRP, LEO, IOTA

Rebounds off the support levels are not sustaining. Should traders buy now or wait? Let’s look at the charts. The long-awaited Bakkt platform will start accepting depositс of funds in the Bakkt Warehouse starting Sep. 6. The futures platform will launch on Sep. 23 and is expected to attract institutional investors because the settlement will be in Bitcoin (BTC) and the platform will offer the same cyber and physical security protections as the New York Stock Exchange.  Telegram Open Network’s (TON) blockchain public testing is expected to […]

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Israel: A Friendly Blockchain Hub, but Is Government Policy Lacking?

Despite its friendly façade as a major innovation hub, Israel has been abnormally slow on progress for blockchain adoption, although change is on the horizon. It has been almost a decade since Dan Senor and Saul Singer penned “Start-Up Nation,” their ode to the Israeli tech sector. The book, which chronicles much of Israel’s success as a small but potent innovation force that spans countless industries, highlights the immense technological knowhow and seemingly fearless energy that supports the country’s thriving startup culture. Nearly a decade later, Israel has not missed […]

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North Korea Denies It Stole $2 Billion From Crypto Exchanges and Banks

North Korea denies accusations that it stole $2 billion in crypto from banks and exchanges. North Korea is denying accusations of obtaining $2 billion through hacking banks and cryptocurrency exchanges. North Korea accuses the United States of spreading rumours On Sept. 1, the country’s official state media, the Korea Central News Agency (KCNA) denied allegations of massive theft by North Korean agents.  As Cointelegraph previously reported, the United Nations Security Council North Korea sanctions committee said that “Democratic People’s Republic of Korea cyber actors were raising money […]

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Crypto News From Asia: Aug. 24–31 in Review

The FSA expands its workforce to ensure cryptocurrency compliance and Hong Kong residents use Bitcoin to avoid capital controls.   In the crypto space in Asia last week, new data concerning Bitcoin (BTC) use in Hong Kong shows that residents are using crypto to hedge against the possibility of capital restraints, while the Japanese Financial Services Agency (FSA) is undertaking new regulatory actions. Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph Japan. Hong Kong bitcoiner explains local BTC […]

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Lightning Network Proving Less Electric for Bitcoin Than Promised

The capacity of the Lightning Network is decreasing, and the Bitcoin community is once again embroiled in a debate about scaling. But is it as serious as it seems? Bitcoin (BTC) turned 10 years old recently, and if someone were to tell its founder, Satoshi Nakamoto, in 2008 that the new decentralized currency would still be thriving in 2019, he/she/they may assume that the experiment succeeded. However, an idea like Bitcoin is capable of existing even if it isn’t very effective at delivering on its promises, and it just […]

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Company Behind Zcash Reports Losses in Q1 2019

Zcash developer Electric Coin Company operated at an average monthly deficit of $186,000 during the first quarter of this year, says the official report. Electric Coin Company (ECC), the firm behind privacy-centric cryptocurrency Zcash (ZEC), reported financial losses in Q1 2019. According to the Q3 2019 report published on Aug. 29, the firm operated at an average monthly deficit of $186,000 during the first quarter of the year. Operating at a loss The company reportedly was receiving 6,157 ZEC per month and 2,000 ZEC for employee compensation. […]

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