Monthly Archives: August 2019

Bithumb Exchange to Launch Cryptocurrency Listing Committee

South Korean crypto exchange Bithumb is forming a new committee to oversee its crypto listing process, which will convene monthly to make listing decisions. South Korean crypto exchange Bithumb will launch a new committee in September that will determine which cryptocurrencies can be traded on its platform. A monthly check by experts South Korean news daily Yonhap News reported the formation of Bithumb’s new committee on Aug. 22. The committee, entitled the Listing Eligibility Deliberation Committee, will review the exchange’s listings once a month, per the report.  […]

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Bank of England Governor: Libra-Like Currency Could Replace US Dollar

Mark Carney, the Governor of the Bank of England, has suggested a transformation of the global financial system by replacing the U.S. dollar with a Libra-like digital currency. Mark Carney, the Governor of the Bank of England, has suggested a transformation of the global financial system by replacing the United States dollar with a digital currency similar Facebook’s Libra. Delivering his speech at the U.S. Federal Reserve’s annual symposium in Jackson Hole, Wyoming, Carney said that a Libra-like digital currency could replace the U.S. dollar as the […]

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Research Suggests Tether Sentiment Could Provide Chance for Manipulation

New research from Augmento suggests a strong correlation between Tether sentiment and its market capitalization. New research from Augmento suggests a forward correlation between Tether sentiment, market capitalization and price, which could be manipulated or exploited to create arbitrage opportunities.  It hypothesizes that Tether sentiment could therefore provide a signal for traders in a blog post published Aug. 22. Sentiment correlation with market cap Augmento notes that Tether sentiment does not appear normal. Comparing positive and negative sentiment shows that negative sentiment dominates, with extreme spikes of […]

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Australian Hacker Pleads Guilty to Stealing $450,000 in XRP Last Year

An Australian woman has pleaded guilty to stealing $450,000 worth of the cryptocurrency XRP last year, and will face a hearing in October. Australian citizen Katherine Nguyen has pleaded guilty to stealing $450,000 in XRP — over 100,000 tokens — in January 2018. Local news channel 7News Sydney reported the latest about the case on Aug. 23. According to the report, Nguyen hacked into the email account of a man with the same last name. She then proceeded to steal all of his XRP, before unlocking his […]

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Price Analysis 23/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM

Which altcoins are turning up and setting up a short-term trading opportunity? Let’s analyze the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Though institutional investors are professionals with years of experience under their belt, they have been slow to recognize and embrace cryptocurrencies, which is the new trend […]

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Binance: Leaked Images Overlap With Those Processed by Third Party

Major cryptocurrency exchange Binance states that leaked Know Your Customer images match those processed by a third party vendor. Major cryptocurrency exchange Binance states that some leaked Know Your Customer (KYC) images overlap with those processed by a third party vendor. In an announcement on Aug. 23, Binance said that its investigation of a KYC data leak that occurred on Aug. 7 is still ongoing. The exchange’s security and investigations team is purportedly trying to identify the source of KYC images similar to those leaked by an […]

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Africa’s Largest Bank Joins Blockchain-Based Marco Polo Network

Africa’s largest bank by assets, Standard Bank, has joined blockchain-based trade finance consortium, the Marco Polo Network. Standard Bank, Africa’s largest bank by total assets, has joined blockchain-based trade finance network, the Marco Polo Network. Standard Bank will now develop trade finance solutions alongside major global financial institutions such as French BNP Paribas and Dutch ING, according to a press release on Aug. 22. Backed by the world’s biggest bank, the Industrial and Commercial Bank of China, Standard Bank is the first African bank to join the […]

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British Hacker to Hand Over $1M in Crypto for Phishing Attacks

A British judge has ordered the confiscation of $1.1 million worth of crypto from a hacker who used phishing attacks to obtain personal data and sell it on the dark web. A British judge has ordered the confiscation of $1.1 million worth of cryptocurrency from a hacker who used phishing attacks to steal personal data and sell it on the dark web. As The Telegraph reported on Aug. 23, judge Joanna Korner of Southwark Crown Court ruled that the police could confiscate $1.1 million worth of digital […]

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How Facebook’s Libra Has Been Influencing Crypto, Politics and Finance

Facebook’s Libra remains hot on the agenda despite the fact that no new announcements have come; instead, the world continues to react to the stablecoin… Over the past few days, a number of Libra-related announcements have been made — only, they weren’t from Facebook, the Libra Association, Calibra wallet or any other party involved in its development.  First, top crypto exchange Binance announced a project called “Venus” — coincidentally, another astrology-themed name — which will focus on developing “localized stablecoins” worldwide; the People’s Bank of China (PBoC) […]

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Cryptocurrency Domains Have Become Hot Property

Bitcoin, cryptocurrencies, and blockchain technology have become mainstream terms and are now featured in most dictionaries. Crypto-related terms have a lot of value when they are tethered to a web domain, and these days digital currency domains are prime real estate, with some selling for up to seven figures. Also read: How to Create Non-Fungible Assets and Collectible Tokens With Bitcoin Cash Crypto Domains Are Being Snatched Up, Squatted and Sold for Profit Cryptocurrencies have been around for 10 years now and the entire ecosystem is worth […]

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