One of the most contentious topics in crypto right now is next year’s Bitcoin (BTC) halving. From around May, miners will receive only BTC 6.25 (USD 46,000) as a reward for every block they confirm, and the crypto community is currently at odds over whether the resulting reduction in supply has already been priced in…
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New research suggests that the Bitcoin price could be still absorbing the effects of the alleged PlusToken exit scam. In the last week of November, the saga of an alleged crypto Ponzi scheme that has been lingering for more than half a year took a new turn. A hobbyist blockchain researcher reported on Twitter that he’d…
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Four most pressing challenges facing distributed ledger technology (DLT) industry today are identified in the November 2019 paper on blockchain in trade, titled: “A Reality Check.” The paper was written by Deepesh Patel, Editorial Director at Trade Finance Global (TFG), a trade finance platform, and Emmanuelle Ganne, Senior Analyst at the World Trade Organization Read…
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A Danish court has ruled that the country’s major bank Nordea can bar its employees from owning Bitcoin and other digital currencies. A Danish court has ruled that Scandinavian financial services giant Nordea can bar its employees from owning Bitcoin (BTC) and other digital currencies. As BNN Bloomberg reported on Dec. 3, the court justified…
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Data from Amazon’s Alexa analytics website shows high volume on crypto exchanges does not necessarily mean a high traffic and engagement ranking. As a young industry, the cryptocurrency space has been like a revolving door, seeing numerous companies, projects and assets come and go with the wind. Crypto exchanges, in particular, have seen their fair…
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news Nordea Bank is free to prevent its employees from investing in Bitcoin (BTC) and other cryptocurrencies in their own time, Bloomberg reported, citing a verdict by a Danish court.…
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22-year old Kerem Albayrak, a London-based IT analyst, has admitted to blackmailing tech giant Apple in March 2017 after releasing a YouTube video of himself hacking into iCloud accounts, the Daily Mail reported. By paying the ransom, Apple was to prevent Albayrak from selling the personal data of the service’s 319 million users. Prior to…
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Major cryptocurrency exchange Binance has announced staking rewards for Tezos starting Dec. 4. Binance — the second-largest crypto exchange by daily trade volume — has announced support for Tezos (XTZ) staking, according to an announcement published on Dec. 3. Starting on Dec. 4, Binance’s users will be able to trade with XTZ, with XTZ rewards…
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Blockchain startup LifeLabs announced that it is developing a U.S. dollar-pegged stablecoin for the British Virgin Islands. Blockchain startup LifeLabs announced that it is developing a digital currency dubbed BVI~LIFE in partnership with the British Virgin Islands (BVI). According to a press release on Dec. 3, the currency is part of a broader initiative to…
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In the past three sessions, bitcoin price mostly traded in a range below the USD 7,350 and USD 7,400 resistance levels. BTC/USD could start another bearish wave below USD 7,200 if it continues to face resistance near USD 7,400. Similarly, most major altcoins traded in a range with a minor bearish angle, including ethereum, XRP,…
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