Monthly Archives: October 2019

Perth Mint, InfiGold Launch Gold-Backed Token on Public Blockchain

Australia’s largest precious metal refinery, the Perth Mint, and InfiGold, a fintech startup that digitizes precious metals, have jointly launched a gold-backed digital token. Australia’s largest precious metal refinery, the Perth Mint, and InfiGold, a fintech startup focused on precious metals digitization, have jointly launched a gold-backed digital token. The new ERC-20 token is dubbed Perth Mint Gold Token (PMGT) and pegged 1:1 with GoldPass certificates issued by the Perth Mint, according to a press release shared with Cointelegraph on Oct. 11. GoldPass lets investors purchase, sell […]

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Top-20 Coins Experience Downward Trend, BTC Sticks Near $8,600

Crypto markets are mostly in the red, remaining relatively quiet with moderate losses throughout the top-20 coins. Thursday, Oct. 10 — Following an impressive rally yesterday, major crypto markets have slowed to trade in the red over the past day. Bitcoin (BTC) has stuck to $8,600, while other major coins are experiencing a downward trend. Cryptocurrency market daily overview. Source: Coin360 After jumping from an intraday low of around $8,200 up to nearly $8,600 yesterday, Bitcoin has been hovering around that price mark over the past 24 […]

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Bitcoin Cash Acceptance Grows in Southeast Asia via Alchemy’s PoS System

The payments and technology provider Alchemy recently announced the launch of the startup’s hybrid payment solution, a platform that aims to connect cryptocurrency with retailers worldwide. Alchemy’s crypto solution features integration with Qfpay, a well known third-party payment company that provides payment services for more than 1.2 million affiliated merchants. So far the starting point of Alchemy’s point-of-sale (PoS) solution has been implemented throughout Japan, Singapore, and Hong Kong. Also read: Chinese Bitcoin Miners Migrate North After Wet Season Alchemy’s Hybrid PoS Solution Allows for Crypto Payments […]

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Decentralized Communication Startup New Vector Raises $8.5M

British decentralized communication startup New Vector has raised $8.5 million to promote an alternative messaging protocol. London-based decentralized communication startup New Vector has raised $8.5 million to drive adoption for Matrix, a major alternative messaging protocol. Slack rival Riot.IM The Matrix protocol, which enables secure communication via end-to-end encrypted messaging applications such as Riot.IM, an alternative to WhatsApp, Telegram or Slack, will continue scaling and growing its network with the newly raised funds, New Vector announced on Oct. 10. Investors of the New Vector’s Series A funding […]

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Why the Maximalist Narrative of Just Hodl and Wait Is Unsustainable

It’s encountered all over the crypto space these days — the idea that the only correct way to “Bitcoin” is to hold and not spend, and to desperately lash out on crypto Twitter at anyone who thinks differently. But what ever happened to Satoshi’s original call for an “electronic payment system based on cryptographic proof instead of trust”? To see what all this division really comes down to, a more in-depth examination of Bitcoin’s trajectory from inception to current status is in order. Also Read: Bitcoin Cash […]

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FATF AML Regulation: Can the Crypto Industry Adapt to the Travel Rule?

As the deadline for the so-called travel rule looms, crypto exchanges and issuers are responding to the pressure. Regulators are clamping down on cryptocurrency, and companies around the world are feeling the strain. In late June, one of the most authoritative regulatory organizations worldwide, the Financial Action Task Force (FATF), issued new guidelines on how digital assets should be regulated.  While FATF recommendations are not legally binding, the G-20 stated that it uses them to regulate cryptocurrencies for Anti-Money Laundering (AML). For businesses that fail to make […]

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Cryptocurrency Exchange OKEx Delists XMR, DASH, ZEC, ZEN, SBTC

South Korean cryptocurrency exchange OKEx has halted trading of Monero, DASH, Zcash, Horizen and Super Bitcoin. Cryptocurrency exchange OKEx announced the end of Monero (XMR), DASH, Zcash (ZEC), Horizen (ZEN) and Super Bitcoin (SBTC) trading as of today, Oct. 10. Per the Oct. 2 announcement, the assets have been delisted today. A previous version of the announcement was published on Sept. 10. That being said, since then the support for privacy coins ZEC and DASH has been defined as temporarily suspended due to regulatory concerns. Regulatory concerns […]

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5,200 Tobacco Shops in France Now Selling Bitcoin

French crypto startup Keplerk resumed its service to accept Bitcoin payments in over 5,200 tobacco shops in France. French crypto startup Keplerk has relaunched its service to accept Bitcoin (BTC) payments in over 5,200 tobacco shops in France starting from Oct. 10. Service first launched in January After suspending the service in less than two months after launch in January, Keplerk says that its customers will be able to buy Bitcoin from tobacconists in coupons of 50, 100 or 250 euros, France’s top news channel BFM TV […]

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Canaan AvalonMiner 1066 and AvalonMiner 1047 Available for Order

Bitmain may have just announced its new S17+ and T17+ ASIC miners, but they are going to start shipping in December and Canaan is apparently not sleeping either. They have started taking orders for their latest AvalonMiner 1066 and AvalonMiner 1047 with the first batch shipping in November and the second batch for December at a slghtly lower price. Canaan’s AvalonMiner 1066 and AvalonMiner 1047 may not be as powerful and energy efficient as what Bitmain is offering, but they are also shipping earlier and at a […]

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Coinbase Pro Releases iOS Mobile App, Promising Usability and Mobility

American cryptocurrency exchange Coinbase has launched an iOS mobile app for its professional trading platform Coinbase Pro. Major American cryptocurrency exchange Coinbase has launched a mobile app for its professional trading platform Coinbase Pro.  Coinbase introduced the app in an Oct. 10 announcement. It provides access to more than 50 trading pairs for users in over 100 countries, and generally duplicates the platform’s features including real-time candles, depth charts, order books and types. Coinbase Pro’s mobile app users will pay the same fees for orders as those […]

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