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Reserve Bank of Australia Will not Issue its own Digital Currency

Cryptocurrency markets are still a problem for most regulators and governments. It is evident this new form of money becomes a very real threat to any financial institution on the market. Reserve Bank of Australia governor Philip Lowe is concerned over this speculative mania surrounding Bitcoin and other cryptocurrencies. Such comments often fall on deaf ears, though, as everyone wants to strike i

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Grayscale Investments Completes Bitcoin Cash Liquidation

Bitcoin Cash supporters will be pleased with the Grayscale Investments news. This company decided to sell investors’ BCH balance instead of issuing it to them directly. Said liquidation process has been officially completed as of two days ago. A total of 172,501 BCH tokens has been sold on the open market over the past five weeks. So far, this has not had any major impact on the price whatsoever

World’s First Equity-Linked Token, Finova Financial’s JCO to be Available through WeFunder Crowdfunding Platform

WEST PALM BEACH, FL December 12, 2017: Finova Financial, a digital financial services provider transforming the future of global banking, announced today that it is partnering with crowdfunding platform WeFunder to make Finova’s JOBS Crypto Offering (JCO)—the world’s first equity-linked token—available to investors large and small. Finova’s token will carry the unique attribute of b

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South Korea Won’t ban Exchanges but Introduce new Reasonable Regulation

There seems to be a lot of confusion regarding the Bitcoin regulations in South Korea. More specifically, we all know there will be an emergency meeting later this week. However, there are seemingly no plans to ban Bitcoin or any other cryptocurrency. Instead, new KYC and AML requirements will be introduced for all local exchanges. None of these measures are invasive whatsoever, which is only to b

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Bancor Releases Six Month Update, Sees Significant Adoption Uptick

After raising over $150 mln in its token generation event the Bancor ICO has issued its first major update regarding its platform and usefulness. The announcement includes substantial information regarding adoption of the Bancor Blockchain protocol, along with statistics for how many tokens are now tradable through the Bancor system.To date, nine different tokens have been acti

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Apple Removes Fake MyEtherWallet Which Hit No. 3 on App Store

A rogue incarnation of popular altcoin wallet MyEtherWallet has finally disappeared from Apple’s App Store after gaining significant popularity.Having risen to number three in the marketplace’s finance app category, Apple moderators at last removed the spurious MEW from sight.Despite MEW itself not having an app and its desktop implementation being free to use, the fake charged $4.99 to downlo

U.S. Bitcoin Futures Markets Pump Up ETF Optimism

Finance Many individuals and organizations believe that the launch of bitcoin-based futures markets have ‘opened the doors’ for bitcoin exchange-traded funds (ETF). Now that Cboe’s derivatives markets launched, new ETF filings have been sent to the U.S. Securities and Exchange Commission (SEC) from financial firms such as Vaneck and REX.Al

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Andreas Antonopoulos Receives a $1.5 Bitcoin Donation With $13.46 in Fees

One of the bigger stories last week how Andreas Antonopoulos received a lot of Bitcoin donations. After being publicly “shamed’ by Roger Ver, the community showed their goodwill. One thing that seemed to go by unnoticed is how the high Bitcoin fees play a big role in all of this as well. More specifically, one donation worth $1.5 carried a $13.46 transaction fee. Bitcoin becomes less and less

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Who is to Dominate IOT? ETC or IOTA?

This November saw IOTA’s market cap octupled, securing this cryptocurrency’s top 4 rank across the board and ahead of Ripple, a well-established peer token. IOT is where IOTA applies and the selling point in its pitch deck. Given the heated status quo of IOT in recent years, it’s no wonder to spot a markup on IOTA. ETC, another digital currency with good standing, also starts to deploy its p

SEC action brings ICO scam to screeching halt

Dec. 11, 2017The U.S. Securities and Exchange Commission has obtained an emergency asset freeze to stop an alleged ICO fraud that has raised as much as $15 million from thousands of investors since August.SEC charges filed in federal court in Brooklyn, New York, allege that Quebec-based Dominic Lacroix and his company, PlexCorps, falsely promised a 1,354 percent profit within 29 days to

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