Monthly Archives: February 2020

Presumed Guilty: Financial Watchdogs See Crypto as Illicit by Default

In implementing new Anti-Money Laundering policies, many countries automatically treat crypto transactions as high-risk. Recently, financial regulators around the world have been growing concerned about the role of cryptocurrency in money laundering and financing of various illicit activities. The first two months of 2020 saw many governments acting on these concerns and introducing a variety of legal measures designed to bolster their defenses against financial cybercrime allegedly facilitated by the use of digital money. Russia has become the latest of the major jurisdictions to make a move […]

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Privacy Study: Brave Browser Smacks Down Chrome, Firefox & Safari

A study conducted by a privacy expert concluded that Brave browser does a much better job of protecting user privacy than Chrome, Firefox or Safari. A privacy expert who compared some of the most popular browsers on the market reached an unambiguous conclusion: Brave trumps competition. Trinity College Dublin’s chair of computer systems, Dr. Douglas Leigth, authored a study comparing Chrome, Firefox, Safari, Microsoft Edge and Yandex in terms of how much personal data they share with backend servers. Brave’s default configuration was by far the best […]

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Crypto Prime Broker Tagomi To Join Libra Association

Crypto Prime Broker Tagomi joins Libra Association Facebook-backed Libra stablecoin. Tagomi, a crypto prime broker headquartered in New York, will join the Libra Association, the governing body for the Facebook-led stablecoin. Tagomi was founded by Jennifer Campbell in 2018, a former associate at Union Square Ventures. Tagomi will become the Libra Association’s 22nd member. Members of the association are expected to contribute at least $10 million to the Libra Reserve, which holds the assets that back the cryptocurrency. Tagomi has raised $28 million to date, making a […]

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Bitcoin Rich: 6 Crypto Entrepreneurs Make the 2020 Hurun Billionaire List

On Wednesday, the “Hurun Global Rich List,” a ranking of the wealthiest individuals, published its 2020 report that notes the world saw 346 new billionaires last year. This year’s list also includes six blockchain entrepreneurs who made the Hurun Global Rich List through cryptocurrency investments. Also read: Warren Buffett Slates Bitcoin, Denies Owning Crypto Gifted by Justin Sun Cryptos Billionaire Club The Hurun Global Rich List is well known for documenting the wealthiest individuals on the planet and in 2020 there is a record number of billionaires […]

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Binance’s CZ Overtakes Bitmain Co-Founder in New Hurun Rich List

Binance CEO Changpeng Zhao has overtaken Bitmain’s ousted co-founder Micree Zhan Ketuan in the latest Hurun Global Rich List. While China now has more billionaires than the United States and India combined, Binance CEO might have more money than any crypto person, a new report says. Binance CEO Changpeng Zhao has overtaken a co-founder of cryptocurrency mining giant Bitmain in the latest Hurun Global Rich List, an annual ranking of the world’s biggest billionaires published Chinese media Hurun Report. Issued on Feb. 26, the new Hurun Report’s […]

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Formula 1 Open Tokenized Crate Sale on Ethereum Blockchain

F1 blockchain game players are now able to purchase a collection of cars, parts, drivers and racing gear with the ERC-721 non-fungible tokens (NFT). F1 Delta Time, the Ethereum-powered blockchain game has begun to sell in-game item crates.  Players are now able to purchase a collection of cars, parts, drivers and racing gear with the ERC-721 non-fungible tokens (NFT), according to F1 Delta Time official announcement from Feb. 25. The sale will run through March 9, with 6,500 total crates up for grabs with prices set to […]

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Price Analysis Feb 26: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA

Investors may interpret the current correction in cryptocurrencies as a long overdue pullback and purchasing opportunity. The equity markets sold off sharply on Feb. 24 and 25. Even gold, a traditional safe-haven has stalled its rally. On similar lines, cryptocurrencies are also witnessing a period of correction.  The total crypto market capitalization has dropped from about $308 billion on Feb. 15 to $248 billion at press time, which is a fall of about 19.50%. For an investor, this is a normal and healthy correction, which can provide […]

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Ransomware Hacks Cost Victims $144M in BTC Over Last 6 Years, FBI Says

Ransomware has captured roughly $144 million in Bitcoin over the last six years, according to an FBI conference presentation. A recent presentation from the U.S. Federal Bureau of Investigation, or FBI, shows ransomware hackers have pilfered massive amounts of Bitcoin (BTC) since 2013. Between October 2013 and November 2019, victims paid roughly $144 million in BTC to ransomware hackers, FBI supervisor Joel DeCapua indicated at a Feb. 24 RSA conference. Ransomware takes control During a ransomware breach, nefarious parties take control of a person or entity’s computer […]

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Coinbase Wallet Now Allows to Send Crypto Through Usernames

Coinbase updated its wallet with a function that lets its users send cryptocurrency ti usernames, instead of the usual lengthy addresses. Coinbase updated its wallet with a function that lets its users send cryptocurrency through usernames, instead of the usual lengthy addresses. According to a Feb. 25 announcement, Coinbase Wallet now allows its users to send cryptocurrency to dedicated usernames or ones created on the Ethereum Name Service (ENS). Coinbase’s proprietary usernames look like @username while ENS names resemble URLs like coinbase.eth. Source: Coinbase blog No more […]

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RippleNet to Boost Remittances Across Asia WIth New Partnerships

RippleNet has enhanced its network with several new partnerships in Asia aiming to improve remittances in the region. A group of South Korean money transfer and remittance companies has joined Ripple’s blockchain-based financial services network RippleNet to bolster the remittance market in the country. In a Feb. 25 announcement, Ripple revealed that South Korea-based money transfer service providers Sentbe and Hanpass, and mobile and online based cross-border remittance services firm WireBarley have begun using the RippleNet platform. The collaboration is geared to improve remittances in Korea. According […]

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