South Korean blockchain provider Blocko launches in the United Arab Emirates after securing $16 million in funding. Blocko, a South Korean blockchain provider, launched in the United Arab Emirates after securing $16 million in funding. Building full-scale enterprise blockchain solutions On Oct. 2, Middle Eastern business publication Arabian Business reported that Blocko has partnered with…
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Ohio Treasurer Robert Sprague announced the immediate suspension of the OhioCrypto.com website that allows businesses to pay taxes with Bitcoin. Ohio Treasurer Robert Sprague announced the immediate suspension of the OhioCrypto.com website that allows businesses to pay taxes with Bitcoin (BTC). In an Oct. 2 press release, Sprague announced that according to an internal review,…
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Cryptocurrency payment processor BitPay has entered a partnership with Ripple’s investment arm Xpring to support payments with XRP. Major cryptocurrency payment processor BitPay has entered a partnership with Ripple’s investment arm Xpring to support payments with XRP. The development was announced in an Oct. 2 press release, revealing that now businesses can accept the third-largest…
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As Bitcoin hovers in the $8,000 range, crypto analysts Ledger Status, Tone Vays and Crypto Cred provide insights on BTC’s$1,700 price drop. As Bitcoin’s (BTC) price floats in the waters of uncertainty in the low $8,000 range, one might wonder how crypto’s largest asset found itself at the bottom of a steep drop after its…
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Though crypto transfers are immutable, offline cryptocurrency transactions may be the key to total censorship resistance for blockchain. Earlier in September, Cointelegraph reported that Israeli cybersecurity startup GK8 had raised $4 million to finance its offline cryptocurrency transaction solution. The company developed a cold wallet with “hot wallet functionalities” that is completely shielded from online hackers because…
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Bitcoin hovers around $8,300, as the cryptocurrency markets continue to trade sideways after BTC’s fake breakout. Wednesday, Oct. 2 — After a fake breakout, where Bitcoin (BTC) jumped upwards from a seven-day low of $7,746 to $8,480 from Sept. 29–Oct. 1, BTC slowly retraced to its current price level. Cryptocurrency market daily overview. Source: Coin360 One…
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After a shallow pullback, will major cryptocurrencies extend their decline? Let’s study the charts. Manuel Andersch, senior FX analyst at the Bayerische Landesbank has published a report, which suggests that the “forthcoming halving effect has hardly been priced into the current Bitcoin (BTC) price.” Using a stock-to-flow ratio metric, the report projects a target price…
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Leading Japanese financial firms like Monex Group and SBI Securities are forming a regulatory body for security token offerings. Leading Japanese companies are forming a regulatory association for security token offerings (STO). On Sept. 30, the Nikkei Asian Review reported that firms such as SBI Securities, Nomura Securities, Monex Group and Daiwa Securities Group are…
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The credit rating arm of financial services firm Morningstar is developing a blockchain platform for debt securities. The credit rating arm of financial services giant Morningstar is developing a blockchain platform for the $117 trillion debt securities industry. Morningstar Credit Ratings is building an evaluation system for debt securities issued as tokens on a blockchain,…
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Crypto enthusiast and U.S. presidential wannabe John McAfee explains why Bitcoin should hit $1 million in 2020. Major Bitcoin (BTC) bull, programmer and 2020 United States presidential campaigner John McAfee remains adamant that the world’s largest cryptocurrency will hit $1 million in 2020. “I said $1 million and I’m sticking to one” McAfee, known for…
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