Tag: bitcoin

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Ugandan Police Hold Director of Alleged $2.7M Crypto Ponzi Scheme

Ugandan police have reportedly seized Samson Lwanga, one of the directors of the alleged cryptocurrency pyramid scheme Dunamiscoins Resources Limited. Ugandan police have seized Samson Lwanga, one of the directors of the alleged cryptocurrency pyramid scheme Dunamiscoins Resources Limited. As domestic news publication Daily Monitor reported on Dec. 9, the police arrested Samson Lwanga, one…
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After Hard Fork, Ethereum Takes Second in China’s Blockchain Rankings

China’s tech workgroup has released its fifteenth blockchain rankings report, with Ethereum being promoted to second place after its recent hard fork. China’s state-backed tech workgroup has released its fifteenth blockchain technology assessment, in which it promoted Ethereum to second place after its recent hard fork. The Center for Information and Industry Development (CCID) released…
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Lithuanian Central Bank Announces Blockchain Collector Coin

The Bank of Lithuania announced that it will release its first digital, blockchain-based collector coin in the spring of next year. The Bank of Lithuania announced that it will release a digital, blockchain-based collector coin in the spring of 2020, according to a press release on Dec. 9. The coin is dedicated to the Act…
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Matic Takes 66% Route Down, Binance Investigates This ‘Nightmare’

After stellar performance, MATIC, the token of blockchain scalability network, Matic Network, suffered a 66% crash in less than an hour on Tuesday. And now, even Binance, responsible for the initial exchange offering of this project, is investigating the case. At pixel time (05:20 UTC), MATIC trades at c. USD 0.02 and is up by…
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10 Key Things to Consider When Choosing a Crypto Exchange

Choosing a cryptocurrency exchange can be difficult but here’s 10 essential aspects to consider when looking for a trading platform. Choosing the right cryptocurrency exchange may be one of the most important initial tasks an interested trader or investor must complete. Picking the wrong platform could potentially lead down a road riddled with hacks, distractions…
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Bitcoin Price Fills $7.5K Futures ‘Gap’ as Trader Weighs $8K Potential

Mixed performance over the weekend nonetheless failed to inject volatility into Bitcoin markets, with attention now focusing on preserving support at $7,400. Bitcoin (BTC) fluctuated around $7,500 on Dec. 9 after a weekend of range-bound movement reduced volatility concerns for traders. Cryptocurrency market daily overview. Source: Coin360 Bitcoin delivers classic futures “bounce” Data from Coin360…
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Binance’s Partner Allows Users to Buy Crypto with Credit Card in JPY and CAD

Israeli-based fintech and crypto firm Simplex now supports two new fiat currencies — the Japanese yen and the Canadian dollar. Israeli-based fintech and cryptocurrency firm Simplex now supports two new fiat currencies — the Japanese yen (JPY) and the Canadian dollar (CAD). Following the addition, users at some of Simplex’s partner exchanges such as Binance…
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Bakkt Launches 1st Regulated BTC Options as CEO Enters US Senate

The Intercontinental Exchange’s digital asset platform Bakkt launched the first regulated Bitcoin options and cash-settled futures. The Intercontinental Exchange (ICE)’s digital asset platform Bakkt has launched the first regulated Bitcoin (BTC) options and cash-settled futures in the United States. According to an announcement on Dec. 9, Bakkt is now using its physically settled Bitcoin contracts…
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LedgerX Places Founders On Leave Following Public CFTC Woes

LedgerX board of directors have placed co-founders Paul and Juthica Chou on administrative leave, effective immediately. The board of directors of Ledger Holdings, Inc., parent company to LedgerX, announced that co-founders Paul and Juthica Chou have been placed on administrative leave, effective immediately. In a Dec. 9 press release, the Bitcoin (BTC) derivatives exchange LedgerX…
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China’s Central Bank Uses Blockchain to Issue $2.8B Worth of Financial Bonds

The People’s Bank of China issued $2.8 billion in blockchain-based special financial bonds for small and micro enterprises. The adoption rate of blockchain technology in China continues to impress as the People’s Bank of China (PBoC) has reportedly issued 20 billion yuan ($2.8 billion) in blockchain-based special financial bonds for small and micro enterprises. According…
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