Possibly, due to somebody’s negligence, cryptocurrency exchange BitMEX allegedly suffered a data breach. Meanwhile, another trading platform, Deribit had a malfunction that cost the company at least USD 1.3 million. It has just been revealed via Twitter that somebody from BitMEX sent out a mass email about an update to the indices, but instead of…
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The price of Bitcoin is holding above the $9,100 price mark as the market is mostly trading sideways today. Thursday Oct. 31 — Cryptocurrency markets are largely trading sideways with most changes among the top-20 coins not exceeding 1% on the day. Cryptocurrency market daily overview. Source: Coin360 Bitcoin (BTC) has been trading sideways for the…
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SBI Securities’ trading revenue surged 19% in 2019 due to the inclusion of SBI VC Trade crypto affiliate in July, SBI Holdings says. SBI Securities’ trading revenue surged 19.2% in 2019, largely due to the inclusion of the company’s crypto investment wing, which turned a $7.1 million loss into a $30 million profit over the…
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Keeping track of your crypto transactions can be crucial for some much-needed peace of mind. How can I be informed of what’s happening with my crypto transactions? Some crypto exchanges are aiming to deliver full transparency to their users. This attitude toward openness can be especially beneficial for users who are using Bitcoin and other…
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In a first since China’s crypto ban of 2017, Binance may be planning to open an office on the Chinese mainland. Major crypto exchange Binance may be returning to China, with a planned office to open in Beijing, sources say. Binance in exile Binance, which left China in September 2017 in response to the country’s…
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Security token platform Harbor has just received a transfer agent license from the U.S. Securities and Exchange Commission. Harbor, the digital platform for alternative assets, has received a transfer agent license from the United States Securities and Exchange Commission (SEC). On Oct. 31, Harbor CEO Joshua Stein told the Block that his blockchain-enabled platform is…
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Bitcoin bulls now hope to capitalize on last week’s big gain, but several resistance levels stand in the way before BTC/USD hits $10,000 again. Bitcoin price (BTC) is currently locked in a battle to stay above the descending channel and have another run at the recent high at $10,540. In order to do this, first,…
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George McDonaugh is Managing Director and Co-Founder of KR1 plc, the London listed cryptocurrency and blockchain investment company. ____________ Jeremy Bentham, an 18th century Philosopher and social theorist envisaged a building designed to allow all prisoners of an institution to be observed by a single security guard. It was called a Panopticon and in today’s…
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Bitcoin is the third most-used online payment method in Italy, ahead of traditional credit cards like Visa, Mastercard and American Express. According to new data from marketing analysis firm SEMRush, Bitcoin (BTC) is the third-most preferred online payment method in Italy. Bitcoin comes in third place On Oct. 31, the Italian news outlet La Stampa…
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Do you have a diverse portfolio that contains digital currency? The United States Internal Revenue Service also wants to know your answer. On Oct. 9, 2019, the United States Internal Revenue Service issued Revenue Ruling 2019-24 and a series of frequently asked questions, identifying rules governing U.S. taxation of digital currencies. Taxation in the U.S.…
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