Monthly Archives: March 2020

Better Business Bureau: Crypto Scams Are The Second Riskiest in North America

A study by a trust-gauging company claims that cryptocurrency-related scams are the second-riskiest in Canada and the U.S. A report published by the Better Business Bureau (BBB) says that cryptocurrency-related scams are continually growing, becoming the second most risky of 2019 among North Americans. According to research from trust-gauging organization published on March 2nd, scams averaged about $3,000 in losses for businesses and charities within Canada and the United States. The usual tactic, the study claims, is that of false promises of a “significant” return on investment […]

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Huobi Releases New Mobile App for Crypto Trading

Global crypto exchange Huobi has announced a new mobile app to trade a wide range of cryptocurrencies. Huobi Group has officially announced the launch of its new mobile application, Huobi Lite. Per a March 10 announcement, the new app will allow anyone to trade major cryptocurrencies on Android and iOS without fees or commissions. Users will be able to trade cryptocurrencies with fiat currencies such as the United States Dollar, Vietnamese Dong, Malaysian Ringgit, Hong Kong Dollar and Chinese Yuan through multiple payment methods, including credit cards. […]

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Federal Reserve Injects $168B, Greater Than Entire BTC Market Cap

The U.S. Federal Reserve just injected $168 billion into the economy, totaling more than Bitcoin’s entire market cap. After several days of plunging markets, the U.S. Federal Reserve added $168 billion into the economy — a total higher than all money currently invested in Bitcoin. “Separate auctions Tuesday in the short-term lending market, or repo, saw a two-week offering massively oversubscribed, with $93 billion offered for a $45 billion operation,” according to a March 10 CNBC news brief: “An overnight offering saw the New York Fed’s trading […]

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Bitcoin’s Plunge Due to Traditional Markets Falling or PlusToken Dumping?

Responding to Bitcoin’s recent falling prices, some experts see a correlation to traditional markets, while others see a correlation to PlusToken selling. Some authorities think current traditional market instability lies behind Bitcoin’s (BTC) recent plunge, while others feel the alleged PlusToken scam is the cause.  Bill Herrmann, CEO of alternative investment banking firm Wilshire Phoenix, believes Bitcoin’s recent bearishness is simply due to traditional market instability. “The recent drop in the price of bitcoin is a result of the sudden and fierce decline among most asset-classes over […]

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YouTube Continues Crypto Ban

The YouTube crypto content bans return as Ivan on Tech and The Moon suffer deleted videos. In another bout of censorship, YouTube has deleted two videos form two separate crypto channels.  Ivan on Tech, a crypto programmer, tweeted that YouTube deleted one of his videos on March 9. The Moon, a technical analyst and news reporter, said the content platform deleted one of his compositions on March 10. YouTube banned many accounts in 2019 Numerous crypto YouTubers suffered bans and strikes near the end of 2019, including […]

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Payment Giant Alipay Steps Up Game to Expand Beyond Payments

Alipay is seeking to lure 44 million merchants with mini programs to expand services for the firm’s 900 million users. Billionaire Jack Ma, owner of payment app Alipay, seeks to lure 44 million merchants to expand services for the app’s 900 million users in everything from real estate purchases to restaurant and cinema bookings, according to a March 10 report by Bloomberg. Alipay is aiming to attract these merchants and service providers in China with mini programs — lite apps that sit on top of its interface […]

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The 35 Most Influential Bitcoiners Dominating Crypto Twitter by Follower Count

Twitter has become home to cryptocurrency influencers who use it for evangelism, spreading news, shilling coins, and shaming certain projects. Of course, the more followers a crypto thought leader has on Twitter, the greater their reach and influence. The following is a look at the top crypto Twitter (CT) influencers in 2020 and the number of followers these people have obtained in order to remain a member of crypto’s social media elite. Also read: SEC Karate-Chops Steven Seagal Over Promoting Cryptocurrency Touted as the Next Gen Bitcoin […]

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Global Blockchain IoT Market to Grow at a CAGR of 91.5% by 2026

A new study forecasts that the growing global blockchain IoT market will approach $6 billion by 2026. A study by a market research firm Research Dive ensures that the global blockchain IoT market size could reach $5,802.7 million in 2026, in addition to the compound annual growth rate (CAGR) being around 91.5% projected for that period. According to India-based firm Research Dive, the increasing adoption of the IoT blockchain and the increase in operational efficiency among organizations are among the reasons for future market growth. What’s driving […]

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Japan’s Financial Regulator Launches Global Blockchain Governance Initiate

Japan’s Financial Services Agency has launched a Bitcoin Governance Initiate Network to foster the “sustainable developmentâ€� of the DLT sector. Japan’s financial regulator announced the launch of its global Blockchain Governance Initiative Network (BGIN) on March 10. The BGIN intends to foster the “sustainable development of the blockchain community.” The Financial Services Agency Japan (JFSA) announced the new initiative during the “BG2C – Special Online Broadcasting Panel Discussion,” which the JFSA hosted in partnership with Nikkei Inc. BGIN to develop “common language” for blockchain sector The BGIN […]

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Unibright to Pilot Blockchain-Based Renewable Energy Trading in Germany

Unibright has partnered with German startup Wasserkraft Mittelrhein to use blockchain technology to facilitate renewable energy trading. On March 9, blockchain technology provider Unibright (UBT) announced a partnership with German startup Wasserkraft Mittelrhein to use the Unibright Framework to facilitate decentralized renewable energy trading. The partnership will see the firm join Wasserkraft Mittelrhein to facilitate trading, monitoring and data analysis of renewable energy produced by decentralized power plants using the Unibright Framework. Unibright proposes a “smart grid” system, where disparate small electricity producers engage directly with energy […]

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