Monthly Archives: January 2019

Major Indian Bank Threatens to Close Accounts of Users Transacting in Crypto: Report

Kotak Mahindra Bank, India’s second largest private sector bank by market cap, is allegedly requiring account holders to refrain from dealings in cryptocurrency. Kotak Mahindra Bank — India’s second largest private sector bank by market cap — is allegedly requiring account holders to refrain from dealings in cryptocurrency. The claim was made by Twitter user “Indian CryptoGirl” (@Desicryptohodlr) in a tweet posted Jan. 8. According to the screenshot provided in Indian CryptoGirl’s tweet, Kotak Mahindra Bank makes explicit reference to the Reserve Bank of India’s (RBI) regulations […]

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UTXO Analysis Points to a BTC Price Bottom in Q1 2019

“When will the bear market end?” is the refrain of bored and frustrated traders across crypto Twitter. “Soon” is the answer suggested by Delphi Digital’s latest report. “Bitcoin Holder Analysis Through Cycles” seeks to determine when selling pressure that has deflated BTC prices over the past 12 months will alleviate, signaling that market recovery could be imminent. Also read: BTC Gets a Health Check in ‘The State of Bitcoin’ Searching for Signs in Bitcoin’s UTXOs There’s a myriad of narratives buried in Bitcoin’s UTXOs, the unspent transaction […]

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ConsenSys Backs Icelandic Startup Co-Founded by Ex-Chair of Country’s Central Bank

ConsenSys has participated in a $2 million seed funding round for Icelandic blockchain startup Monerium, which counts the country’s central bank ex-chairman as a co-founder. Ethereum (ETH) blockchain startup and incubator ConsenSys has participated in a $2 million seed funding round for Iceland-based blockchain startup Monerium, according to a press release from the firm, published Jan. 11. The startup counts the former chairman of Iceland’s central bank among its four founders. The funding round was reportedly led by Icelandic venture capital fund Crowberry Capital, and has also […]

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Bitcoin, Ripple, Ethereum, Bitcoin Cash, EOS, Stellar, Litecoin, Tron, Bitcoin SV, Cardano: Price Analysis, Jan. 11

After this week’s downturn following the Ethereum Classic 51% attack saga, how will the top ten coins behave in the short-term? 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. When a price is forming a bottom, it is usually volatile as both the bulls and the bears are […]

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Crypto Markets Attempt to Stem Recent Losses, Some Top Alts See Solid Green

After a major price rout yesterday, many cryptocurrencies are today clawing back lost ground, with most of the major coins tipping back into the green. Friday, Jan. 11 — after a major price rout yesterday, many cryptocurrencies are today clawing back lost ground, with most of the major coins tipping back into the green, as Coin360 data shows. Market visualization from Coin360 Top cryptocurrency Bitcoin (BTC) has stabilized around $3,700 to press time, seeing a slight 1 percent recovery over the past 24 hours. Yesterday, Jan. 10, […]

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Ex-BitTorrent Exec Says There’s ‘No Way’ Tron Will Manage BitTorrent’s Token

According to Simon Morris, former chief strategy officer at BitTorrent, Tron won’t be able to manage the transaction volume needed to tokenize BitTorrent. According to Simon Morris, former chief strategy officer at BitTorrent, Tron will not be able to manage the transaction volume needed to tokenize BitTorrent. Blockchain news website BreakerMag published its interview with Morris on Jan. 11. According to the interview, Morris noted that when he worked at BitTorrent, he and his team discovered that bringing a token and automated auctions to prioritize download queues […]

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Pavel Durov Closes UK-Based Company Telegram Messenger LLP

Russian-born entrepreneur Pavel Durov is liquidating Telegram Messenger LLP, the Britain-based company behind the popular messaging service Telegram. The same entity is registered as the messenger’s operator in the Russian Federation, where Telegram is currently banned. Also read: 5 Crypto Exchanges Have Been Licensed in Gibraltar Since Regulation Application for Voluntary Strike Off Filed in the UK The application to strike the limited liability partnership off the U.K. register was signed by Pavel Durov on Dec. 19, 2018 and filed about a week ago, Russian media reports. […]

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After Cancelling ICO, Crypto Startup Zwoop Filed for Administration: Report

The board of directors of cryptocurrency and e-commerce startup Zwoop reportedly filed for administration at the end of November last year. The board of directors of cryptocurrency and e-commerce startup Zwoop reportedly filed for administration at the end of November last year. The news was revealed in an exclusive article by major United Kingdom-based newspaper The Telegraph, Jan. 11. According to anonymous sources cited in a report by tech news outlet The Next Web, this move has left employees and suppliers of the company with unpaid wages […]

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US: Crypto Is Among SEC’s Top Examination Priorities for 2019

Cryptocurrencies are one of the U.S. Securities and Exchange Commission’s top examination priorities this year. Cryptocurrencies are one of the United States Securities and Exchange Commission’s (SEC) top examination priorities this year, according to an official statement announced by the commission Dec. 20. In the SEC’s Office of Compliance Inspections and Examinations (OCIE) recent report, digital assets — specified as  cryptocurrencies, coins and tokens — are included among the six “themes for OCIE’s 2019 Examination Priorities.” The report states that the the office is planning to focus […]

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Canada’s First All-Crypto Legal Firm Opens Its Doors to Global Clientele

Technology lawyer Addison Cameron-Huff launched his new, Toronto-based, all-crypto legal firm on January 3, 2019, Bitcoin’s 10th anniversary, as a statement of his commitment to working for and promoting Bitcoin and cryptocurrency-based businesses. Cameron-Huff has worked as the lawyer for a Bitcoin core developer, several token-based companies, and dozens of crypto startups. As president of Decentral Inc., he managed a staff of 30 and helped to take the company to 750,000 monthly wallet users. As the first, all-crypto legal services firm in Canada, Cameron-Huff expects the ongoing […]

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