Belarus could join the growing ranks of countries that allow government agencies and police forces to seize and auction cryptoassets, closing legal loopholes that currently bar the seizure of digital coins. In an interview, Ivan Noskevich, the head of the Belarusian Investigative Committee, told state-run broadcaster Capital TV that his organization had requested that Read…
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Cryptocurrency exchange Binance has officially apologized to the Steemit community following its involvement in a major centralization scandal involving Tron founder Justin Sun. Cryptocurrency exchange Binance has officially apologized to the Steemit community following its involvement in a major centralization scandal involving Tron founder Justin Sun. In its letter posted on March 10, Binance affirmed…
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Source: iStock/da-kuk While crypto may be an uncorrelated asset class, one analytics firm says that the virus fears had an “undeniable effect” on cryptocurrency prices, following the massive sell-off in both stocks and crypto on Monday. (The second paragraph was updated at 15:47 UTC). However, on Tuesday, markets turned green as bitcoin (BTC) returned above…
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In an ongoing lawsuit, Genesis Mining has claimed that Digital Capital failed to deliver functional software in a failed partnership between the firms. Two firms in the cryptocurrency space are at legal loggerheads regarding millions of dollars in purportedly unpaid invoices. On September 30, 2019, the London-based payments company Digital Capital sued Genesis Mining over…
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Major cryptocurrency wallet service and blockchain data supplier Blockchain.com now allows all users to borrow Paxos Standard against Bitcoin. Amid the ongoing growth of the cryptocurrency lending industry, major crypto wallet service Blockchain.com launches a new lending product for all users, not just institutions. After first launching an institutional crypto lending desk in August 2019,…
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A trust-gauging non-profitable organization says it has found that cryptocurrency-related scams are the second riskiest type of fraud in North America – second only to employment-related stings. Per a report from the Better Business Bureau (BBB), an organization that says it provides information to Americans and Canadians about the trustworthiness – or otherwise – of…
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Due to a recent crypto market crash, Ethereum (ETH) locked in DeFi (decentralized finance) is on the rise, while industry players are fixing the flash loan manipulation problem and MakerDAO raises the governance delay. In early February, total value locked (TVL) in DeFi surpassed USD 1 billion. It fell back and now, a month later,…
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Samsung Galaxy S20 Ultra. Samsung Blockchain Keystore, meant to manage private keys, is now available on the latest Galaxy devices in seventeen countries, Cryptonews.com has learned. As reported less than a month ago, after much expectation, the Cryptoverse laid their eyes on the newly unveiled flagship smartphones, including the latest Galaxy devices, the S20, and…
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Source: iStock/isa_ozdere Dogecoin (DOGE), the cryptocurrency originally created as a joke in 2013, has been on a roll this year, gaining more than 70% from the beginning of the year until a peak in mid-February. Since then, however, DOGE has sold off along with the rest of the market, despite several short-lived attempts at rallying…
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SEC commissioner lends an olive branch to the crypto community as New Jersey becomes the latest state to unveil crypto regulations. Some of the internet’s biggest companies — the likes of Amazon, Google and Facebook — were created from the ruins of the dot-com bubble. Likewise, the crypto ICO bubble seems to have many states…
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