Tag: bitcoin

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Dapps in 2020, Where Are We Heading

Source: iStock/H_Barth The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. This article has been brought to you by DappRadar, a dapp data aggregator and analysis firm. ______ To many blockchain enthusiasts, decentralized apps (dapps) are the future of the internet. This level…
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5 Bearish Candlestick Patterns Every Bitcoin Trader Must Know

There are simple bearish Japanese candlestick patterns that every Bitcoin and cryptocurrency trader should know — here are 5 of them. As discussed in a previous article on bullish candlestick patterns, trading using Japanese candlesticks is the most popular method for analyzing price action by crypto traders. There are many patterns worth learning and understanding…
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Blockchain Supply Chain Platform Gains Metals Giant Glencore as Member

Glencore is the latest subscriber to the Responsible Sourcing Blockchain Network, a supply chain solution for the metals industry and other commodities providers. British-Swiss commodity trading and mining company Glencore will use an IBM-developed blockchain solution to track cobalt.  In a press release issued on Dec. 12, Glencore confirmed it had joined the Responsible Sourcing…
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Chainalysis to Provide Bitfinex With ‘Privacy-Safe’ Tools to Combat Crime

New York-based blockchain analytics firm Chainalysis is set to provide crypto exchange Bitfinex with its Anti-Money Laundering compliance solution. New York-based blockchain analytics firm Chainalysis is set to provide crypto exchange Bitfinex with its Anti-Money Laundering compliance solution. In a press release published on Dec. 12, both firms took pains to stress that the solution…
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Alleged Bitcoin Ponzi Scheme Assets Frozen as US Judge Grants Injunction

Legal action against Circle Society and its operator continues, two months after regulators charged both with fraud over an alleged $11 million BItcoin scheme. A United States court has granted regulators a preliminary injunction against an alleged Bitcoin (BTC) Ponzi scheme which reportedly defrauded investors of $11 million.  In a filing with the United States…
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Silk Road Darknet Marketplace Founder: BTC Will Reach $100,000 in 2020

The price of Bitcoin will skyrocket up to $100,000 in the coming year, according to the founder of infamous darknet marketplace Silk Road, Ross Ulbricht. The price of Bitcoin (BTC) will skyrocket up to $100,000 in the coming year, according to the founder of infamous darknet marketplace Silk Road. In a series of blog posts…
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Project Ragnarok: Digix Integrates Dissolution Mechanism for DigixDAO

Digix announces ‘Project Ragnarok’ integration of dissolution mechanism for its DigixDAO platform. Gold-backed stablecoin issuer Digix has integrated a dissolution mechanism into its DigixDAO platform, created to fund projects which encourage the growth of the Digix ecosystem. Each quarter, DGD token holders will vote on the mechanism — called Project Ragnarok — with DigixDAO only…
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Blockchain Pilot Makes Waves in Russia’s Energy Sector

Russian tech startup Waves announced it has been testing a blockchain solution for payments in the retail electricity sector. Earlier this week, Russian tech startup Waves announced it has been testing a blockchain solution for payments in the retail electricity sector. The pilot program was initiated by Rosseti, Russia’s national energy grid operator, which is…
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PayPal Sues Consumer Protection Agency for ‘Confusing’ Digital Wallet Rules

Digital payments giant PayPal is suing the Consumer Financial Protection Bureau for making it provide disclosures for fees it does not charge. PayPal is suing the Consumer Financial Protection Bureau (CFPB) for requiring the firm to make “misleading and confusing” disclosures about its fees. The digital payments giant filed a lawsuit against the CFPB on…
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Monero Compliance Workgroup Says XMR Exempt From Funds Travel Rule

Monero’s compliance workgroup concludes that FinCEN Funds Travel Rule does not apply to underlying assets and cryptocurrencies such as XMR. The Monero Compliance Workgroup has stated that the Monero (XMR) network is not subject to U.S. Financial Crimes and Enforcement Network (FinCEN) guidelines regarding the Funds Travel Rule, in a Dec. 5 blog post. What…
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