Monthly Archives: October 2019

UK Regulator Ramps up Crypto Investigations and Considers KYC for Wallets

The U.K.’s Financial Conduct Authority (FCA) has been relentlessly scrutinizing cryptocurrency startups and investigations are up 74% from last year. Meanwhile, proponents of decentralized software development models and open collaboration are upset about the FCA aiming to extend KYC/AML regulations to the publication of open source and zero-knowledge software. Also Read: McAfee to Launch Decentralized Token Exchange With No Restrictions Since 2018, FCA Investigations Into Crypto Companies Increased by 74% The Financial Conduct Authority in the U.K. has been ramping up regulations toward digital currency operations based […]

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South Korean KB Kookmin Bank Adopts Blockchain to Improve Internal Processes

Major South Korean bank KB Kookmin Bank is planning to integrate blockchain technology into its internal processes. Major South Korean bank KB Kookmin Bank is planning to integrate blockchain technology into its internal processes. As local news outlet Korea JoongAng Daily reported on Oct. 7, KB Kookmin stated that blockchain technology could provide a spectrum of benefits to the financial industry, including the issuance of digital tokens, funding, custodial services and trading. Taking a proactive approach toward blockchain adoption As for the bank itself, it intends to […]

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Widow of QuadrigaCX Founder Hands Over $9 Million in Assets to Users

The widow of QuadrigaCX founder Gerald Cotten, Jennifer Robertson, is handing over $9 million in assets to the users of the now-defunct crypto exchange. Robertson returns most of her assets On Oct. 7, Jennifer Robertson announced in a personal statement, posted by Coindesk, that she would be transferring the vast majority of estate assets — previously valued around $9 million — to EY Canada. The Big Four audit firm acted as the bankruptcy trustee of QuadrigaCX during its insolvency hearings. Robertson stated: “I have now entered into a voluntary settlement agreement […]

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Price Analysis 07/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, ADA

Bitcoin looks to be stabilizing. If that happens, select altcoins might outperform. Let’s study the charts. Total crypto market capitalization has held the $200 billion mark for the past few days. This is a positive sign, as it shows that market participants are not panicking at lower levels but are using dips to buy. The first leg of the bull phase was led by Bitcoin, which saw its dominance rise from just above 50% at the start of the year to about 71% in early-September.  In the […]

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Study: DApp Transaction Volumes, User Base Slump In Q3 2019

Decentralized application transaction volume and user activity have slumped in the third quarter of 2019, a new study from Dapp.com shows. Decentralized applications’ (DApps) transaction volume and user activity have slumped in the third quarter of 2019, a new study shows. DApp.com — an analytics platform for DApps built on Ethereum, EOS, Steem, Tron, TomoChain, IOST and Blockstack — revealed its recent findings in a press release shared with Cointelegraph on Oct. 7. An overall market assessment showed that DApps built on the six aforementioned blockchains reported […]

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Key Trading Indicator Suggests Bitcoin Bulls are Steadily Accumulating

The Wyckoff chart and other key indicators suggest that crypto investors are accumulating Bitcoin even if it retains a bearish bias. Bitcoin (BTC) closed the week with a selloff, pushing price below the $8k handle and printing a close down 2.5% for the week as a whole. Despite an ominous close to the bottom of the trading range, Bitcoin has rebounded higher this morning alongside other cryptocurrencies, with notable gainers XRP and Link breaking 10% gains for the day.  With that in mind and with Bitcoin sat […]

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4 Noncustodial Bitcoin Cash-Powered Payment Button Generators

Bitcoin cash development is popping, whether it’s from engineers programming infrastructure or developers creating third-party resources. One innovative concept is the use of embeddable payment buttons that allow people to tip and donate using BCH payments. Just recently, a new BCH-based payment button was released called Donatebutton.cash, which gives anyone the ability to accept online donations in bitcoin cash. Also Read: McAfee to Launch Decentralized Token Exchange With No Restrictions Donatebutton.cash: A Simple Bitcoin Cash Donation Button Generator BCH fans were recently introduced to a new payment […]

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Major South Korean Store Chain Supports Blockchain Payments App

A major South Korean convenience store chain, CU, will now accept a blockchain-based payment method at its stores. Mobile payments app CHAI is launching mobile blockchain-based payments at 13,500 CU convenience stores in South Korea. According to an Oct. 7 press release shared with Cointelegraph by blockchain startup Terra, CHAI — which operates on the Terra blockchain — will now be accepted as a means of payment at the major convenience store chain. App support will be added at CU by the end of 2019 following a […]

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Sacramento Kings Launches Blockchain Token for Its Predictive Gaming App

The Sacramento Kings pro basketball team is launching a blockchain-based rewards program within its mobile gaming app. The Sacramento Kings NBA basketball team is launching a blockchain-powered rewards program within its gaming app. Partnership with Blockparty The Sacramento Kings partnered with New Jersey-based blockchain ticketing platform Blockparty to add blockchain-based rewards to its prediction game Call the Shot, the team officially announced on Oct. 7. According to the announcement, the new program will be available in the upcoming 2019–2020 season. During the season, Blockparty will be tracking […]

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10 Celebrities Who Are Totally Into Bitcoin

Bitcoin used to be synonymous with drugs but now, celebrities of all stripes are turning on to what used to be the obscure money of choice for the internet’s black markets. For instance, what if I told you that a certain Grammy-caliber rapper has accepted bitcoin for an album in 2014? 50 Cent did, and he’s just one example of the prestige Bitcoin enjoys among the movers and shakers who are at the center of Western pop culture. Here are a few examples. Kanye West  Image by […]

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