Monthly Archives: November 2019

German Regulator Flags Crypto Broker for Operating Without License

German regulator federal financial supervisory authority issued a warning against Bulgarian cryptocurrency broker 5 Capital. German regulator federal financial supervisory authority (BaFin) issued a warning against Bulgarian cryptocurrency broker 5 Capital on Nov. 11. The regulator has barred 5 Capital from operating in the country since the firm illegally offered Contracts for Difference (CFDs) designed to expose clients to the price movements of cryptocurrencies. Operating without license The regulator found that the company provided the service without the necessary license. Per the announcement, the broker is based […]

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Bitcoin Cash Community Funds Eatbch Trip to Ghana

This week members of the Bitcoin Cash (BCH) community donated funds to Eatbch South Sudan volunteer Thiong Deng so he could spread the word about the benefits of BCH at the Young African Leaders Summit. According to Deng, his journey to Uganda and Ghana has been fully funded which includes flight, hotel, visa costs, and a ticket to the event. Also Read: The Bank of Google Wants Your Spending Data Eatbch South Sudan Volunteer Heads to the Young African Leaders Summit Eatbch is easily recognized as the […]

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Crypto News From Japan: Nov. 11–17 in Review

In this week’s news from Cointelegraph Japan, a new association promoting crypto assets in antiquing was born and a well-known trader was arrested. In this week’s selected cryptocurrency and blockchain-related news from Japan, a new association promoting crypto assets in antiquing was born, a well-known cryptocurrency trader was arrested and the Kyoto University started participating in the XRP ledger. Here is the past week of cryptocurrency and blockchain news in review, as originally reported by Cointelegraph Japan. Crypto Antiquing Association Launches On Nov. 11, Cointelegraph Japan reported […]

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IRS Criminal Investigators Looking Into Bitcoin ATMs and Kiosks

Internal Revenue Service Criminal Investigation Chief John Fort said that the regulator is looking into potential tax issues caused by Bitcoin ATMs and kiosks. United States Internal Revenue Service (IRS) Criminal Investigation Chief John Fort said that the regulator is looking into potential tax issues caused by Bitcoin (BTC) ATMs and kiosks. According to Bloomberg Law on Nov. 15, Fort said that the IRS is collaborating with law enforcement to investigate illicit uses of new technologies like cryptocurrencies, stating: “We’re looking at those, and the ones that […]

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ConsenSys CSO Seeks to Raise $50M for New Blockchain Investment Fund

ConsenSys CSO Sam Cassatt is launching a new blockchain-oriented investment firm, Aligned Capital. An executive at the Ethereum blockchain firm ConsenSys is launching a new blockchain-oriented investment firm, Aligned Capital. Sam Cassatt, the chief strategy officer (CSO) at ConsenSys, announced that the firm will be seeking to raise $50 million for its first fund in an announcement on Nov. 15. Cassatt, who has been at the firm for five years, will continue to serve as an advisor to ConsenSys while working full-time as a founding managing partner […]

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Proof-of-Authority Algorithm Use Cases Grow: From Pharma to Games

Forgoing crypto’s main principles, proof-of-authority is used by world giants and tech companies for better efficiency and scalability. While the proof-of-authority consensus algorithm is turning into perhaps one of the most mature versions of blockchain technology. It is faster than other algorithms, more scalable, and does not depend on mining. Market leaders Walmart and GE Aviation are using PoA to track supply chains, and Microsoft has created a whole line of PoA-based enterprise products. Nevertheless, there is something in this innovative mechanism that contradicts the basic principles […]

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Bitcoin Price Risks Falling Under $8.4K If the Bulls Don’t Step Up Now

Bitcoin price is teetering on the edge of more downside and is at risk of crashing below $8,400 as the bulls are running out of time to step up. Bitcoin (BTC) price is still retracing from the massive rally two weeks ago, which leads the sentiment to turn bearish. Several signs indicate that the price needs to reverse quite soon, or the whole upwards move is deleted from the charts. Crypto market data. Source: Coin360 Bitcoin loses 200-Day MA and EMA for the second time in 2019 […]

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The Bank of Google Wants Your Spending Data

The multinational technology giant Google has plans to get into the banking industry according to multiple reports that reveal the firm intends to work with Stanford Federal Credit Union and Citigroup. However, analysts assert that Google is not jumping into banking for revenue purposes and the move is simply an acquisition of more customer data. Also Read: Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto Google Bank One of the ‘Big Four’ technology companies, Google LLC, plans to launch checking accounts through […]

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Cryptocurrency Regulation: An Indian Perspective

A peek at the Reserve Bank of India’s views on cryptocurrency regulation and its exploration of central bank digital currencies. Cryptocurrencies, with a market capitalization of over $200 billion, can no longer be dismissed as just a fad. While still making up only a tiny fraction of overall global financial markets, they have matured from the ranks of fledgling startups to being leveraged by large enterprises for use cases ranging from global payments, asset-backed tokens for metals and commodities, fiat currency-equivalent digital coins, the Internet of Things, […]

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Here’s What You Missed at BlockShow Asia 2019

Binance CEO’s thoughts on China’s digital currency and insights on the future of stablecoins were just some of the highlights from this year’s BlockShow Asia. Couldn’t make it to this year’s BlockShow Asia? Don’t worry. Cointelegraph has you covered with some key highlights of BlockShow Asia 2019 held Nov. 14-15 in Singapore.  Cointelegraph moderated the first crypto media gathering as BlockShow hosted well-known personalities from the cryptocurrency industry, such as Binance CEO Changpeng Zhao, also known as CZ, and Hyperledger Vice President APAC Julian Gordon. One of […]

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