A working paper raises concerns about a run on the banks in times of financial instability, with tiered interest rates proposed as a solution. The European Central Bank (ECB) remains open to the idea of a digital euro equivalent but would want to stop citizens holding too much of it. That was the conclusion of…
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Tezos (XTZ), one of the best performing digital assets in 2019, is moving out and back into the list of the top 10 coins by market capitalization today after less than a month in this club. At pixel time (12:57 PM UTC), XTZ trades at c. USD 1.28 and is the worst performing digital asset…
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A cryptocurrency investment company has hit a major law firm with a malpractice suit in a potential watershed case for the American legal and crypto worlds. According to legal documents submitted to a court in the American state of Illinois, Crypto Assets Fund has filed against Faegre Baker Daniels, one of the United States’ top…
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South Korean telecoms giant SK is set to debut a new blockchain-powered donations platform it has developed using Ripple technology. The company has been working on the platform since summer last year – and has now opened it for SK Group employees. The platform is named ChainZ, and uses the Ripple blockchain network, as well…
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Bitcoin is making the U.S. dollar look like the German papiermark of the 1920s, says Antoni Trenchev as BTC/USD hits $7,300. Bitcoin (BTC) can “very easily” hit $50,000 during 2020, the CEO of one cryptocurrency industry business has told mainstream media. In an interview with Bloomberg in Berlin on Jan. 3, Antoni Trenchev, head of…
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United States citizen, Joanna De Alba, has been accused of heroin and methamphetamine distribution in exchange for Bitcoin. A United States citizen has been charged with heroin and methamphetamine distribution in exchange for Bitcoin (BTC). According to a Jan. 3 press release published by the U.S. Attorney’s Office for the Eastern District of New York,…
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Telegram is refusing to give the SEC details on how the $1.7 billion raised in its ICO has been spent. The United States Securities and Exchange Commission (SEC) has filed a court order on Jan. 2 to compel the messaging platform Telegram into releasing details of how the funds raised in its initial coin offering,…
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The remains of a vehicle hit by missiles outside the Baghdad Airport. Source: a video screenshot, Youtube, Guardian News The popular oft-debated narrative of Bitcoin (BTC) as a safe haven is being tested yet again, following the U.S. strike in Iran. (Updated at 14:14 UTC: updates in bold). Iranian Major-General Qassem Soleimani, head of the…
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Julie Goislard. Source: a video screenshot, Le Parisien In yet another example of perils that can await customers of traditional banks, and an argument in favor of decentralized cryptocurrencies, French banking giant Société Générale has reportedly decided to close the accounts of Julie Goislard, the owner of a library in Clichy-la-Garenne, in northern France, and…
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Trading against four cryptocurrencies and two stablecoins to begin a day after Binance’s CEO promised to “bring crypto to the masses.” Cryptocurrency exchange Binance has confirmed it will offer euro (EUR) trading against six cryptocurrencies in the platform’s latest fiat expansion. In a blog post on Jan. 3, Binance confirmed trading for EUR pairs would…
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