Institutional players are coming to the crypto ecosystem, but how will they impact the industry? Will they boost it or collapse it? The state of the world economy has pushed institutional investors to look for alternative methods of investment. And more and more often, Bitcoin (BTC) is becoming such a tool. Since August, business intelligence…
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Samson Mow, chief strategy officer at Blockstream, says Bitcoin was never about “transactions per second and coffee,” but about value and a “new financial paradigm.” Blockstream’s Samson Mow wants to move the conversation away from Bitcoin’s (BTC) performance in transactions per second and toward its role in ushering in “a new financial paradigm,” that is,…
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Bitcoin Core touts itself as a direct descendant of Satoshi Nakamoto’s original Bitcoin software client. Bitmain, one of the world’s largest Bitcoin (BTC) miner producers, has reportedly halted its funding for some primary developers maintaining Bitcoin-related software. Jonas Schnelli, a major Bitcoin Core contributor and maintainer, claimed that Bitmain halted its support after funding his…
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He thinks he’s spotted a key differentiator, and old school crypto enthusiasts will likely agree. The cryptocurrency space has undergone a number of bull and bear markets since its inception in 2009. The crypto bull run in 2017 was one of the biggest years for the industry, hosting soaring digital asset prices and growth. Blockchain…
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Selah is offering fans the chance to acquire exclusive merchandise and experiences through its own cryptocurrency. Veteran Christian vocal trio Selah launched its own cryptocurrency fan token via the Rally platform on Tuesday. Following the group’s latest album debuting at number one on the iTunes Christian music chart, the 3CR8 token will give fans access…
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New, small-scale research from Xangle takes a look at investors’ reflections on their initial coin offering investments between 2017 and fall 2020. Research outfit Xangle has found that a third of sampled retail investors in the United States felt “deceived” by initial coin offerings, or that the projects had withheld information from them. Notably, Xangle’s…
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The postponement follows a successful lobbying campaign by local crypto advocates. The South Korean government has officially postponed a new tax regime on cryptocurrency gains until 2022. According to Yonhap on Dec. 1, the planning and finance committee of South Korea’s national assembly passed amendments to the country’s tax laws wherein a new cryptocurrency tax…
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Bitcoin broke out to secure a new 2020 high at $19,863 and altcoins look ready to follow BTC higher. Bitcoin (BTC) price came within striking distance of hitting a new all-time high today. This shows that institutional and retail investors continue to buy on every dip and BTC is in a strong uptrend. Hence, traders…
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Cybercriminals may favor a different cryptocurrency in the coming months, however. Cryptocurrency-related fraud and theft are likely to grow in the post-COVID-19 world, according to a new report by cybersecurity and anti-virus provider, Kaspersky Lab. Securelist, Kaspersky’s cyberthreat research arm, published a report on cyberthreats to financial organizations, forecasting some specific types of financial attacks…
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With cheap and scalable trustless systems, blockchain tech has the ability to drive industry adoption to a new level. When most people imagine the problems solved and industries disrupted by blockchain technology, the typical use cases come to mind: global currency, store of value and even a way to track goods on an immutable ledger.…
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