It is still too early to gauge the impact of QE on crypto, says Mati Greenspan. “The initial shock of the global economy grinding to a halt” is still too fresh. These are perilous times, and it hasn’t escaped anyone’s notice that the United States Federal Reserve is doing its part to alleviate the suffering…
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South Korean decentralized finance (DeFi) players have called for calm after some experts claimed that forthcoming legislation could effectively hamstring the nation’s fledgling DeFi market. Many industry insiders have expressed alarm over a recent amendment made to a digital finance act pertaining to peer-to-peer (P2P) financing, due to come into force in August this year.…
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Payments giant PayPal could be set to take another dip into the world of blockchain – as it is set to recruit a director for Anti-Money Laundering (AML) and Blockchain Strategy for its New York office. Per the now-expired job posting published in March, PayPal said it was seeking a new recruit, who will work…
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Source: Adobe/Hugh O’Neill Either more Spanish citizens than ever before traded in cryptoassets in the past financial year or the country’s tax authorities have become more adept at monitoring citizens’ crypto-related activities. That appears to be the takeaway after Spanish tax authorities said that they were set to send out over four times as many…
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Crime news A South Korean scam operator has reportedly gathered around USD 4.9 million in ethereum (ETH) as part of a multi-level marketing (MLM) scheme. Per Joongang Ilbo, the Seoul-based outfit,…
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Cointelegraph spoke to the UC Berkeley Blockchain Xcelerator’s director to find out what the blockchain incubator offers aspiring DLT startups. The Berkeley Blockchain Xcelerator — an incubator for early stage distributed ledger technology startups at the University of California, Berkeley — recently launched its spring cohort, which includes startups seeking to fight COVID-19, launch a…
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Lawsuit accusing Ripple of selling XRP as an unlicensed security includes claims to hedge the possibility that it is not. An amendment to the class-action lawsuit against Ripple, filed March 25, included additional claims of false advertising and unfair competition, “under the alternative theory that XRP is not a security.” The disgruntled investors’ sixth and…
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A brief spurt to $6,600 takes care of the latest Bitcoin futures gap, while a Cointelegraph analyst calls for caution below $6,900 for BTC price. Bitcoin (BTC) delivered few surprises on April 1 as steadier trading conditions prevailed for a third day and volume remained low. Cryptocurrency market daily overview. Source: Coin360 BTC price shoots…
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Cointelegraph spoke to cLabs’ Xochitl Cazador to find out about Celo’s community grants and the network’s plans for 2020. Open-source payments network, Celo (cGLD), announced on March 31 that it had awarded $700,000 in developer grant funding to 16 startups looking to build on the Celo network. Cointelegraph spoke to Xochitl Cazador, the head of…
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Miners are pressing bitcoin (BTC) price now, they’ll likely press it more in the near future, but the future after that has a bull in it, analysts find. Miner-led selling pressure for bitcoin is high and will probably increase even more in the months ahead as it goes through its halving expected in May, finds…
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