Instant messaging giant Telegram and the U.S. Securities and Exchange Commission (SEC) are meeting today, February 19, in front of a New York federal judge in a case that may impact the future of many cryptoassets. As reported, Telegram seeks that its digital token (Gram) sale should be allowed to move forward as the SEC…
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The Commodity Futures Trading Commission has weighed in on the SEC vs Telegram case, but has not provided much clarity regarding Gram’s purported status as a commodity. Another United States regulatory agency has weighed in on Telegram’s ongoing legal battle with the Securities Exchange Commission. Following a request by the New York Southern District Court,…
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Samsung confirms its commitment to cryptocurrency and blockchain technology with enhanced features in the flagship Galaxy S20 smartphone models. South Korean technology giant Samsung recently unveiled its latest smartphone series, the Galaxy S20, at the Unpacked 2020 event in San Francisco. While the headline feature is undoubtedly the new camera, according to the official marketing…
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Changpeng Zhao. After a week filled with a variety of technical glitches and performance issues on Binance, CEO Changpeng (“CZ”) Zhao has come out with an update to users where he invites affected traders to follow up with the exchange while admitting that more issues may arise in the future. In the “Performance Incident Report,”…
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A number of leading Japanese firms – including the operators of two of the country’s biggest cryptocurrency exchanges – are taking steps to allow their employees to work from home or avoid rush-hour commutes as coronavirus fears deepen. Media outlet Crypto Watch reports that GMO Internet, the company that operates the GMO Coin exchange, has…
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Cryptocurrency exchange Poloniex confirms that no users lost funds or holdings after a bug forced the platform to reverse trades on Feb. 12. Cryptocurrency exchange Poloniex remains confident that it has identified and fixed an error that caused a number of erroneous trades on the platform earlier this week. On Feb. 12, Poloniex made a…
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Coinbase became a full-standing Visa member that is able to issue its own cards, which may allow it to expand the Coinbase Card outside of the European Union. Coinbase is now a principal member of Visa, according to a Feb. 19 announcement. This will allow it to issue debit cards without relying on third parties.…
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Indian IT giant Tech Mahindra is launching a blockchain accelerator together with the government of the southern state of Telangana. Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, is launching a blockchain accelerator together with the government of the southern state of Telangana. The parties hope the accelerator will become a “torch-bearer” for…
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Police believe that the senior management of Japanese food retailer Kefir took a desperate gamble on the cryptocurrencies market in an eleventh-hour bid to save the company from bankruptcy in 2018 – allegedly sinking millions of investors’ dollars into a so-called shitcoin. Nine executives at the food chain, which specialized in dairy products, bought Read…
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After forming a support base above USD 9,650, bitcoin started a strong increase. BTC/USD surged above the USD 9,850 and USD 10,000 resistance levels to enter a positive zone. The price is now (09:00 UTC) consolidating gains and it could continue to rise towards USD 10,400 and USD 10,550. Similarly, there were strong gains in…
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