Crypto companies will need to comply with FATF regulations by June 2020, but there are still many potential stumbling blocks. For better or for worse, the cryptocurrency space is coming of age. Since Bitcoin’s rise to mainstream prominence in 2015, there has been increasing recognition of digital assets from government agencies around the world. In…
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Several cryptocurrencies have turned down sharply from their overhead resistance levels. This is a sign of weakness. Though crypto markets are in a consolidation phase, the number of first-timers investing in this nascent space has almost doubled, according to data from Square Cash App. This is a positive sign as it shows that investors are…
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Bitcoin finally broke below $9,000 but has managed to pare some loses prior to what will likely be a pivotal weekend that will determine where the price is headed. Bitcoin price (BTC) fell 5% today to a new weekly low at $8,660, a point which is also below the 200-day moving average which has been…
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In a post revealing Foodgates, its new blockchain food tracking system, VeChain said it would directly benefit from Chinese pro-blockchain sentiment. Singapore-based blockchain application platform VeChain has unveiled a new blockchain tracking system for the food and beverage industry. In a blog post on Nov. 7, the company confirmed it was working with food certification…
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After launching Zcash in 2016, Electric Coin Company gave the Zcash trademark to the Zcash Foundation. Electric Coin Company (ECC) has donated the Zcash trademark to the Zcash Foundation. ECC created and launched the privacy-focused cryptocurrency Zcash (ZEC) in 2016, and will now own the trademark bilaterally with the corresponding foundation. ECC and the Zcash…
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Da Hongfei, Founder of Neo. Source: Twitter, @NEO_Blockchain NEO blockchain, regularly titled as “Chinese Ethereum,” appears to be underperforming in the realm of dapps (decentralized apps) – even smaller networks have more dapps and their users. However, it seems that NEO is currently not focusing on dapps. After pumping along with other “Chinese” coins recently,…
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Source: iStock/hocus-focus Though Bitcoin (BTC) started this Friday with a smaller drop in its price, in a sudden move in the afternoon hours (UTC time), bitcoin price dropped by 2.4% in less than two hours – which was enough to push it below USD 9,000. Additionally, altcoins turned red. While BTC was trading sideways for…
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Malaysia’s 2020 cash restrictions will affect everything except humanitarian aid and regulated financial institutions. Malaysia is planning to impose a $6,000 limit on cash transactions in 2020, according to a deputy governor at the country’s central bank. The new restrictions aim to prevent the use of cash in illicit activities, and won’t affect regulated financial…
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Power Ledger’s new commercial deal in South Australia aims to help users avoid additional hidden electricity costs and extra charges. Australian blockchain energy firm Power Ledger has partnered with a local energy retailer to roll out its technology in South Australia. Power Ledger’s blockchain-based software will allow Australians to pool their excess solar and battery…
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Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Legal news Zuoxing Yang, founder and CEO of Chinese Bitcoin miner maker MicroBT, and former processor design director at now major competitor, Bitmain, is reportedly being held by local…
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