Uphold and SALT form partnership to bring liquidity to millions of crypto holders through crypto-backed loans. Uphold, a digital money platform providing access to investments and payments using blockchain technology, has announced a partnership with crypto-backed lending company Salt. Together, the two plan to provide users with cash or stablecoin loans using cryptocurrencies as collateral.…
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Hybrid intelligence firm Cindicator announced the launch of Cindicator Capital, a crypto hedge fund based on hybrid Intelligence data as well as quantitative research. Hybrid intelligence firm Cindicator is launching Cindicator Capital, a crypto hedge fund based on hybrid intelligence and quantitative research. In a press release on Dec. 11, the company said that this…
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Shopin founder and former CEO Eran Eyal pleads guilty to felony charges for running a fraudulent initial coin offering that raised more than $42 million. The New York Attorney General (NYAG) Letitia James announced the conviction of Shopin founder Eran Eyal for orchestrating a fraudulent initial coin offering (ICO) following his guilty plea. As the…
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Cryptocurrency lending firm BlockFi announced that it obtained a money transmission license in the United States member state of Washington. Cryptocurrency lending firm BlockFi announced in an email that it obtained a money transmission license (MTL) in the state of Washington in the United States. The firm explained that the license will allow BlockFi to…
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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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Anthem, the second-largest health insurance company in the U.S., plans to use blockchain technology to secure medical data for its 40 million members. Anthem, the second-largest health insurance company in the United States plans to use blockchain technology to secure medical data of all 40 million members over the next three years. On Dec. 12,…
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Disclaimer: The text below is a sponsored article. _________ Ten years ago, Bitcoin was created by an unknown group of people under the name Satoshi Nakamoto. Despite being developed more than a decade ago, it is only in the past year that Bitcoin increased in popularity. The price of one Bitcoin has been drastically changing…
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Russia should not “run ahead” of other countries and take the role of a global trendsetter in crypto regulation due to financial crime risks, according to Yuri Chikhanchin, the director of the Federal Financial Monitoring Service (Rosfinmonitoring). Speaking at the Federation Council, the upper house of the Federal Assembly of Russia, Chikhanchin stressed that crypto…
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Max Keiser calls Bitcoin “resistance money” while promoting cryptocurrency’s role in Latin America during a talk in Uruguay. International journalist and media defender of Bitcoin Max Keiser gave a presentation at Labitconf in Montevideo, Uruguay, in which he explained the impact that cryptocurrencies generate in the global scenario and particularly in the Latin American region.…
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Professional trading platform Coinbase Pro is adding support for Orchid and will start accepting OXT deposits on Friday, Dec. 13. Major American cryptocurrency exchange Coinbase is adding support for Orchid (OXT) on its professional trading platform Coinbase Pro. According to a blog post published by Coinbase on Dec. 12, Coinbase Pro will start accepting OXT…
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