Category: Cryptocurrency

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Market Analysts Naeem Aslam and Ian Balina Debate Coronavirus and Crypto

Analyst Naeem Aslam and Tokenmetrics CEO Ian Balina battle it out over the impact of coronavirus on crypto, and whether the halving is already priced into the markets. In today’s crypto market discussion, Cointelegraph is joined by crypto analyst Naeem Aslam, and the CEO of Tokenmetrics Ian Balina to discuss the impact of the coronavirus…
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Are the BZx Flash Loan Attacks Signaling the End of DeFi?

Following two significant attacks on lending protocol bZx, what are the potential ramifications for the DeFi sector? Earlier this week, the decentralized lending protocol bZx was exploited in back-to-back “flash loan” attacks. While the two exploits were distinct, the end results remained the same. In total, $954,000 was gleaned from the platform. But what exactly…
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Cryptocurrency Boosts Illicit Gambling on Asian Soccer Leagues

Cryptocurrency has purportedly helped to increase illegal gambling activity on soccer across the Asian continent. Cryptocurrencies are making gambling on the world’s most popular sport easier, sports authorities suggest. Asian soccer has seen a sharp decline in match-fixing over the last six years, according to the Asian Football Confederation (AFC) in a Reuters article dated…
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Top 10 Books Recommended by Crypto Thought Leaders

Cointelegraph asked crypto leaders about their favorite books and compiled the top 10 to read in 2020. At the end of 2019, Cointelegraph collected an interesting and sometimes unexpected selection of books from people without whom the world of cryptocurrency and blockchain would be completely different. Tyler and Cameron Winklevoss, Changpeng Zhao, John McAfee, Grigory…
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4 Things You Must Know Before Trading Bitcoin and Cryptocurrency

As new investors enter the Bitcoin and cryptocurrency market, one must have a game plan with clearly defined steps to avoid losing money. Interest in cryptocurrencies has been on the rise throughout 2019 and Bitcoin’s (BTC)  impressive 300% rally from $3,130 in February 2019 to $13,800 on June 26 surely had something to do with…
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Can IEO Cryptos Recover After MATIC’s Mysterious 70% Plunge?

MATIC crashed on Dec. 10 while seeing its other IEO token counterparts face similar fates as a bearish picture emerges on their price charts. One of Binance’s initial exchange offering (IEO) tokens, Matic Network (MATIC), dropped almost 70% on Dec. 10. Meanwhile, other IEOs such as Celer Network (CELR) and Harmony (ONE) also followed suit. …
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Criminal Activity in Crypto: The Fact, the Fiction and the Context

An estimated 0.2% of all XRP transactions are used for illicit activity. How true is this figure and how does it impact the industry? It’s the clichéd rhetoric of choice for anyone seeking to discredit crypto. An ace in the hole for any argument against its proliferation. The go-to thesis for those who know very…
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Germany: New Proposed Law Would Legalize Banks Holding Bitcoin

Next year, German banks could become legal custodians of Bitcoin and other cryptocurrencies, according to a new bill. A new bill in Germany could enable banks to support the sale and custody of Bitcoin (BTC) and other cryptocurrencies by 2020. German news agency Handelsblatt reported on Nov. 27 that the bill now requires consensus from…
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How Crypto and Blockchain Are Influencing Geopolitics

With the U.S. and China at ends, India clamping down on Bitcoin, and the U.K. pursuing Brexit, how will the crypto market influence geopolitics? The world is a constantly changing place — and from an economic standpoint, things are dramatically shifting, too. Two major superpowers, the United States and China, are embroiled in a dramatic…
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‘Bitcoin of the Middle East’ Scam Lands Canadian Expat in Dubai Jail

A Dubai-based Canadian expat has been arrested for peddling an allegedly fraudulent “Sharia-compliant” cryptocurrency and a host of other get-rich-quick schemes. A Dubai-based Canadian expat has been arrested for peddling an allegedly fraudulent “Sharia-compliant” cryptocurrency and a host of other get-rich-quick schemes. As Gulf News reported on Oct. 30, Aziz “Com” Mirza had cultivated for…
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