MIT’s crypto research group said the crypto and blockchain space is an experimental playground paving the way for a central bank digital currency. MIT’s crypto and distributed ledger tech research group, the Digital Currency Initiative, recently explained that a central bank digital currency (CBDC) will eventually use some of the concepts and technology currently at play…
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A Chainalysis report finds more exchange hacks in 2019, but less money stolen than in heists from previous years. A Chainalysis report has found an increase in number of exchange hacks in 2019, though less crypto was actually stolen than in previous years. The findings In the report, Chainalysis includes only exchange attacks (excluding wallet…
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Ethereum (ETH), the second-most valuable digital asset by market capitalization, has become the “most relevant benchmark of the crypto market” in 2019, a new research from Binance Research claims. According to them, ETH displayed the “highest median correlation” with other digital assets over the course of last year, with an average correlation coefficient of 0.69.…
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An uncertain regulatory climate has led cryptocurrency mining companies to seek opportunities elsewhere, rather than in Quebec. The results of a 300 megawatt (MW) energy allocation for cryptocurrency miners, run by Canadian provincial utility provider Hydro-Québec, has failed to attract expected demand from the local industry. A Request for Proposals (RFP) for power allocation was…
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Gemini becomes the first crypto exchange and custody service to complete the SOC 2 Type 2 security inspection. U.S.-based crypto exchange and custodian Gemini has finished a SOC 2 Type 2 evaluation, proving the operation’s security. “The Type 2 is the highest level of security compliance that any organization can demonstrate,” Gemini’s head of risk,…
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Malta-based sports blockchain venture Chiliz is launching a cryptocurrency exchange for sports and entertainment tokens. Malta-based sports blockchain venture Chiliz is launching a cryptocurrency exchange for sports and entertainment tokens. In a press release shared with Cointelegraph on Jan. 23, Chiliz detailed that the new exchange — Chiliz.net — will roll out in February after…
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Justin Sun. Major adult entertainment website Pornhub has added Tether (USDT) to its payment options, while Tron’s Justin Sun can also score another adoption victory. The addition of the popular stablecoin has been announced just recently, explaining what stablecoins and Tether are to the users unaware of it. Furthermore, given the Tron – Tether partnership,…
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Thinkers at the World Economic Forum (WEF) have drafted what they call a Central Bank Digital Currency (CBDC) “walkthrough” for bankers and governments looking to launch digital fiats in the near future. The walkthrough takes the form of a 28-page “toolkit” document, available for download here. But if wading through all of that sounds like…
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Exchange liquidity is affecting every trade you make. From slippage to technical analysis accuracy, understanding a trade’s liquidity environment is key to a successful strategy. What are risks and possible benefits associated with low liquidity? We’ve discussed at length the benefits of higher liquidity and some of the risks of low liquidity, but it’s worth…
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Peter Schiff. Source: a video screenshot, Youtube, Peter Schiff An outspoken Bitcoin critic who recently rage-quit crypto has been forced into an embarrassing u-turn – after mixing up his wallet PIN with his password. Peter Schiff, the CEO of Euro Pacific Capital and one of the most prominent public advocates of gold as a commodity,…
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