Monthly Archives: November 2020

Switzerland Approves Gazprombank to Offer Bitcoin Trading and Custody

Zurich-based Gazprombank, a subsidiary of Russia’s third-largest bank, has been approved by Switzerland’s financial regulator to offer a number of cryptocurrency services, including the buying, selling, trading, and custody of bitcoin. Gazprombank Approved to Offer Bitcoin Services Gazprombank (Switzerland) Ltd. announced Thursday that it has received authorization from the Swiss Financial Market Supervisory Authority (FINMA) to provide cryptocurrency services. The Zurich-based bank is wholly owned by Russian Gazprombank. The parent company is the third-largest bank in Russia as well as the third-largest in Central and Eastern Europe […]

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Bitcoin hits $14K, UNI airdrop rejected, scammers target Trump: Hodler’s Digest, Oct. 26–Nov. 1

The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Sunday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.   Top Stories This Week   Bitcoin price hits $14,000 Exactly 12 years after white paper released On Oct. 31, 2008, Satoshi Nakamoto released […]

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‘I got Bitcoin!’ — trick-or-treaters rewarded with crypto

One crypto user gave away at least $400 in Bitcoin gift cards to Canadian children over Halloween. While many children dressed as ghosts, goblins, and witches last night may have been disappointed to find an inedible thin piece of cardboard left out in a goodie bag, a lucky few recognized the treat as a Bitcoin prize.  According to an Oct. 31 tweet from Brad Mills, the crypto user filled a Halloween candy box with more than just chocolates and sweets — he also added $200 in Bitcoin […]

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Pewdiepie Joins the Blockchain AR Game Wallem, Players Can Buy Youtube Star’s NFT Skin

The world-famous gamer and Youtuber, Pewdiepie is getting involved with another blockchain project called Wallem, a 3D augmented reality video game that uses non-fungible tokens (NFTs) for skins and items. The game also rewards players with an Ethereum-based ERC20 token called pteria (PTE). The Youtuber also has a non-fungible token that represents a skin of Pewdiepie that can be purchased on the Rarible marketplace and used in Wallem’s virtual 3D world. The popular Youtuber Pewdiepie is joining a new blockchain technology project called Wallem built on top […]

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Declaring a crackdown? What to make of the DoJ crypto framework release

The U.S. Department of Justice has articulated its digital enforcement strategy, putting the crypto community on notice. The United States Attorney General’s Cyber-Digital Task Force recently unveiled the result of its months-long effort to evaluate emerging cryptocurrency-related threats and articulate law enforcement strategies for countering them. The resulting guidance leaves the reader with an impression that its authors have a sound understanding of how the focal asset class works as well as a certain fixation on the ways it can be misused, as some observers contend. In […]

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Top 5 cryptocurrencies to watch this week: BTC, BNB, ADA, BCH, LINK

Bitcoin looks strong and the indicators point to a possible break above $14,000 while altcoins could underperform in the short-term. Bitcoin (BTC) has rallied about 90% year-to-date and has risen close to 191% from its March lows. The rise has been gradual without much fanfare, which suggests that crypto believers are the ones who have been buying in 2020. October’s monthly close at $13,798.99 is the highest ever, surpassing the December 2017 close at $13,789.68. The strong performance of Bitcoin may now attract the momentum players and […]

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Warren Buffett praises stocks Dollar-cost averaging — but does it work for Bitcoin?

Warren Buffett likes to dollar-cost average into major stock market indices but data shows that the same strategy has worked very well for Bitcoin buyers too. Warren Buffett has a message to young investors: dollar-cost average into major stock market indices. However, data shows that the same strategy has worked quite well for Bitcoin (BTC) too over the past decade. The term dollar-cost averaging or DCA refers to a strategy when an investor divides up the total amount to be invested into periodic purchases of the given […]

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Christine Lagarde invites public comments on eurozone CBDC

Former IMF Chief and President of the European Central Bank solicited input on possible CBDC In a Twitter thread on Sunday, Christine Lagarde, former Managing Director of the IMF and current President of the European Central Bank, invited public commentary on a potential eurozone central bank digital currency (CBDC).  “We are still in the review and considerations stage, but we’ve just launched a public consultation so that consumers and Europeans can actually express their preference and tell us whether they would be happy to use a digital […]

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Report: Token Listings Have Short Term Positive Influence on Price, M&A Have Better Impact in the Long Term

A study by Etoro and The Tie find listing and partnership announcements as significant developments (Sigdev) that have an immediate, large, and positive influence on token price. This influence, which peaks within the first 24 hours, usually wears off after a week, according to the study report. The Impact of a New Token Listing Yet, on the other hand, funding, as well as Merger and Acquisitions announcements, tend to have positive effects on the token price that extend beyond one week. The study, which lists and ranks […]

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Lawyer for OneCoin scammer Ruja “Cryptoqueen” Ignatova disbarred

Mark S. Scott, who pocketed upwards of $50 million in fees for laundering OneCoin money, disbarred In a move on Friday that may help bring some peace to jilted investors, a five-judge panel from New York formally disbarred Mark S. Scott, the former Locke Lord LLP lawyer and attorney for the notorious scammer Ruja “Cryptoqueen” Ignatova, following his November 2019 conviction on charges related to the multi billion-dollar OneCoin scam.  Scott, who was convicted of conspiracy to commit money laundering and conspiracy to commit bank fraud, fought […]

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