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Blockchain Lobbying: Interests Fragmenting as Crypto Field Expands

As more diverse interests engage with lawmakers and regulators, the blockchain industry no longer has a unified voice. Over the past few months, Libra, Facebook’s prospective global digital currency, has stolen much of the spotlight across many areas of the cryptosphere. The field of blockchain lobbying was no exception: From Mark Zuckerberg smooth-talking powerful officials…
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Ethereum-Based Crypto-Games Fall under ‘Gambling’ – Study

Recent research by the University of York found that Ethereum-based crypto-games in fact meet definitions of gambling. This week, the university published an article saying that a new study looked into the nine highest-ranked Ethereum dapp (decentralized aplications) games listed on State of the DApps, a not-for-profit curated directory of dapps, and found that they…
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Security Numbering Association to Consider Standards for Digital Assets

The Association of National Numbering Agencies will assess the adoption of numbering standards for digital assets. A global association of national numbering agencies has set up a new task force to assess the adoption of name standards for digital assets. All types of tokens to be considered The Association of National Numbering Agencies (ANNA) will…
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Five Hurdles Blockchain Faces to Revolutionise Banking

Blockchain is touted as the next step in the digital revolution, a technology that will change every industry from music to waste. When it comes to money, it goes well beyond bitcoin. Academics have claimed it will “do to the financial system what the internet did to media”. There are many versions of public blockchains…
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3 Likely Reasons Why Bitcoin Price Crashed — And What’s Next for BTC?

Why did is Bitcoin dropping? Let’s take a look at a few possible causes of today’s sudden plunge and look at the charts to evaluate the next possible move. The moment many traders have anxiously anticipated arrived this morning as Bitcoin price (BTC) plunged below $7,800 and eventually settled near $7,400. It’s possible that the…
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These Are the Main Things Facebook CEO Mark Zuckerberg Told Congress

Mark Zuckerberg during the hearing on October 23. Source: a video screenshot, Youtube Mark Zuckerberg, founder and CEO of social media giant Facebook, swore that the Libra Association is an independent organization and that Facebook would leave this project if it decided to launch the Libra token without the regulatory approval of all U.S. financial…
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Bakkt Hits New All-Time High, With Over 450 Bitcoin Futures Contracts Traded

The volume Bitcoin futures on digital asset platform Bakkt has hit a new all-time high, with over 450 Bitcoin futures contracts traded today. Bitcoin (BTC) futures volumes on digital asset platform Bakkt have hit a new all-time high, with 452 BTC futures contracts traded at press time. Per historical data from Intercontinental Exchange (ICE) —…
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Zuckerberg: Facebook Would Leave Libra if It Launched Too Early

In a Congressional hearing on Oct. 23, Facebook CEO Mark Zuckerberg expressed confidence that a lot more firms will join Libra eventually. Facebook could withdraw from the Libra Association — the governing body of the eponymous stablecoin project — should it launch without approval from regulators in the United States.  Libra could lose its primary…
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This Is How Facebook CEO Contradicts Himself in Libra Testimony

Mark Zuckerberg. Source: a video screenshot, Youtube, CNBC Television Facebook’s statements often, intentionally or not, make people either confused about the company’s plans, or make them wonder if the company has clear plans at all. This time around, speaking about Libra token, CEO Mark Zuckerberg made somewhat contradicting statements about monetary policy, while some other…
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Bitcoin Price Back Below $8K After Failing to Crack ‘Heavy Resistance’

A wobble for markets saw BTC/USD reenter the $7,000 range on Wednesday after failing to cement support higher. Bitcoin (BTC) regained $8,000 on Oct. 23 after a fresh bearish move canceled out progress towards the top of its trading range.  Cryptocurrency market daily overview. Source: Coin360 Bitcoin rejected at $8.3K Data from Coin360 showed another…
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