Ugandan police have reportedly seized Samson Lwanga, one of the directors of the alleged cryptocurrency pyramid scheme Dunamiscoins Resources Limited. Ugandan police have seized Samson Lwanga, one of the directors of the alleged cryptocurrency pyramid scheme Dunamiscoins Resources Limited. As domestic news publication Daily Monitor reported on Dec. 9, the police arrested Samson Lwanga, one…
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China’s tech workgroup has released its fifteenth blockchain rankings report, with Ethereum being promoted to second place after its recent hard fork. China’s state-backed tech workgroup has released its fifteenth blockchain technology assessment, in which it promoted Ethereum to second place after its recent hard fork. The Center for Information and Industry Development (CCID) released…
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Choosing a cryptocurrency exchange can be difficult but here’s 10 essential aspects to consider when looking for a trading platform. Choosing the right cryptocurrency exchange may be one of the most important initial tasks an interested trader or investor must complete. Picking the wrong platform could potentially lead down a road riddled with hacks, distractions…
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Israeli-based fintech and crypto firm Simplex now supports two new fiat currencies — the Japanese yen and the Canadian dollar. Israeli-based fintech and cryptocurrency firm Simplex now supports two new fiat currencies — the Japanese yen (JPY) and the Canadian dollar (CAD). Following the addition, users at some of Simplex’s partner exchanges such as Binance…
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LedgerX board of directors have placed co-founders Paul and Juthica Chou on administrative leave, effective immediately. The board of directors of Ledger Holdings, Inc., parent company to LedgerX, announced that co-founders Paul and Juthica Chou have been placed on administrative leave, effective immediately. In a Dec. 9 press release, the Bitcoin (BTC) derivatives exchange LedgerX…
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The People’s Bank of China issued $2.8 billion in blockchain-based special financial bonds for small and micro enterprises. The adoption rate of blockchain technology in China continues to impress as the People’s Bank of China (PBoC) has reportedly issued 20 billion yuan ($2.8 billion) in blockchain-based special financial bonds for small and micro enterprises. According…
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After examining SOV’s white paper, Cointelegraph reached out to the development team to find out if the cryptocurrency was inspired by EOS. It has been almost a year since the Republic of the Marshall Islands (RMI) unveiled the development of its national digital currency dubbed Sovereign (SOV). The cryptocurrency is set to tackle some issues…
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Multi-asset investment platform and social network eToro is reportedly planning to launch a debit card in Q2 2020. Multi-asset investment platform and social network eToro is allegedly planning to launch a debit card in the second quarter of 2020. On Dec. 9, Business Insider reported that the United Kingdom-based digital asset trading platform’s 12 million…
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The U.S. SEC is seeking to reopen a case against Bitcoin fraudster Renwick Haddow, as he has not resolved the regulator’s claims for monetary relief. The United States Securities and Exchange Commission (SEC) has filed to reopen a case against Bitcoin (BTC) fraudster Renwick Haddow as he has not resolved the regulator’s claims for monetary…
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HBUS, the operator of United States-based crypto exchange Huobi.com, is ceasing its operations. HBUS, the operator of United States-based crypto exchange Huobi.com, is ceasing its operations, according to a tweet posted on Dec. 9. San Francisco-based cryptocurrency trading platform HBUS said in the announcement: “We regret to inform you that HBUS will need to cease…
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