Category Archives: Crypto News

Ethereum Cofounder Joseph Lubin Doubts Tether Bitcoin Price Manipulation

Ethereum cofounder Joseph Lubin is unconvinced of price manipulation allegations against Tether. Ethereum cofounder Joseph Lubin said on Yahoo Finance’s Final Round August 28, that he doubts manipulation accusations against stablecoin Tether (USDT). Founded in 2014, Tether was “the first” blockchain-powered platform that allows for the tokenization of fiat-backed cryptocurrencies. In June, after the publication of a study conducted by analysts from the University of Texas, USDT fell under suspicion of Bitcoin (BTC) price manipulation in 2017, when the BTC price surged to an all-time high of […]

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Yahoo Finance Integrates Bitcoin, Ethereum and Litecoin Trading

Users can now buy and sell Bitcoin, Ethereum and Litecoin on Yahoo Finance. Yahoo Finance has integrated trading with Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) on its platform. While statistics are available on the platform for other digital currencies like Bitcoin Cash (BCH), Ethereum Classic (ETC) or EOS, they currently do not have buy and sell options. The development has led some in the crypto community to say that it is an important step forward for crypto adoption. Crypto enthusiast and founder of Morgan Creek Digital, […]

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University of Malta Launches Blockchain and DLT Scholarship Fund

Malta continues on its path to become the “blockchain island,” having established a $351,000 blockchain and DLT scholarship fund. The University of Malta has partnered with the Malta Information Technology Agency (MITA) to establish a €300,000 ($351,000) blockchain and distributed ledger technology (DLT) scholarship fund, Times of Malta reported August 29. The new scholarship is targeted at students studying information and communications technology (ICT), law, finance, and engineering, and will be split over three years. Starting this coming academic year, students can apply the scholarship to completing […]

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JPMorgan’s Balancing Act Between Blockchain and Crypto

Cointelegraph reviews JPMorgan’s changing attitude to blockchain over the past few years. Multinational investment bank JPMorgan Chase has had a chequered relationship with cryptocurrencies over the years. While it has maintained an apparent apathy toward Bitcoin and the likes, the financial institution has openly embraced blockchain technology and is actively using it in various internal projects. This has come to the fore in August 2018, as chief information officer Lori Beer made a bold statement in an interview, claiming that blockchain technology ‘will replace’ existing financial systems […]

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Poland Introduces New Bill to Clarify Crypto Taxation

A long-awaited bill in Poland determines different tax systems for crypto transactions, mining, and e-commerce. Polish legislators have introduced a long-awaited new bill to clarify the current crypto taxation policy. The document was published on the country’s government site on Friday, August 24, and explained by local crypto media outlet Kryptowaluty August 25. Kryptowaluty writes that a new document has been offered for consultation, and the Polish Council of Ministers will review it in the third quarter of 2018. The previous taxation policy, which had been resisted […]

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, August 29

Cryptocurrencies are rebounding across the board with the total market cap growth of $30 billion, but this might actually be a time for caution. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The total crypto market capitalization has grown by about $30 billion in 15 days. This shows […]

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Russian Financial Monitoring System Seeking Tool to Track Crypto Transactions

A Russian financial regulator is seeking ways to de-anonymize digital wallet owners and track their transactions. The Russian Federal Financial Monitoring Service has ordered an analytical tool to track crypto transactions, especially those in Bitcoin (BTC), BBC News Russia reported Wednesday, August 29. By the end of 2018, the new application will be included in a condensed monitoring system for the organization, whose main alleged aim is to confront fraud schemes and prevent terrorism funding. The tool is expected to unite fragmented information on fraud and link […]

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Bitcoin Continues to Hover Near $7K, Wider Crypto Market Sees Some Mild Corrections

Crypto markets are largely holding fort after yesterday’s strong upswing, as Bitcoin continues to trade just above $7,000. Wednesday, August 29: crypto markets are largely holding fort after yesterday’s strong upswing, as Bitcoin (BTC) continues to trade near the $7,000 price point and many of the top ten cryptocurrencies see negligible price change on the day. While a number of crypto assets in the top 100 are seeing mild corrections, these are scattered and are not for now correlated as part of a market-wide downtrend, as Coin360 […]

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South Korean eCommerce Startup Raises $32 Million to Create Crypto Stablecoin

Binance was among the investors in a South Korean startup’s bid to launch a stablecoin. South Korea e-commerce marketplace Ticket Monster (TMON) revealed it had closed a $32 million funding round for its new stablecoin Terra in a press release Wednesday, August 29. TMON, which boasts a considerable $4 billion in total sales, is seeking to create an in-house cryptocurrency to compliment its existing token, Luna, which acts as collateral on its blockchain platform. Contributing to the round are some of the cryptocurrency industry’s best-known names, including […]

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China Extends Crypto-Related Promotion Ban Beyond the Capital

China’s anti-crypto onslaught continues, as a prohibition against commercial venues from hosting crypto-related events has been extended to Guangzhou Development District. China’s anti-crypto onslaught continues, as a prohibition against commercial venues from hosting crypto-related events has been extended to Guangzhou Development District, local media outlet Jiemian reports August 29. Guangzhou Development District is a special economic zone in southern China, close to Hong Kong. The district’s Financial Development Bureau reportedly issued a notice of the new ban August 24, warning of the need to “maintain the security […]

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