A network vote at the end of October will decide whether users are in favor of dropping the inflation tool that was a part of Stellar’s original design. Cryptocurrency protocol Stellar (XLM) announced that it intends to remove its inflation feature in an upcoming upgrade. According to the Stellar Development Foundation’s (SDF) blog post published…
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EOS prices are climbing rapidly after the blockchain’s developer successfully settled a legal dispute with an American financial regulator – with the altcoin now outperforming all top ten cryptocurrencies. The token has climbed to USD 3.06 (current price at pixel time of 5:22 UTC), for a market capitalization ranking of 7 (USD 2.8 billion), and…
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After a downside extension below USD 8,000 and USD 7,800, bitcoin price found support above USD 7,600. As a result, BTC/USD started an upside correction above the USD 8,000 and USD 8,250 resistance levels. The price gained nearly 8% and tested the USD 8,500 resistance area. Similarly, there was a solid recovery in many major…
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The United States Commodity Futures Trading Commission charges a United States resident with a $7 million Bitcoin-related fraud. The United States Commodity Futures Trading Commission (CFTC) charged a United States resident with a $7 million Bitcoin (BTC)-related fraud. In an official news release published on Sept. 30, the regulator revealed that Jon Barry Thompson of…
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United Kingdom-based digital banking app Revolut announces a major partnership with Visa to expand its services globally across 24 new markets, including North America. United Kingdom-based digital banking app Revolut announced a major partnership with Visa to expand its services globally across 24 new markets, including North America. According to a Sept. 30 press release,…
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A new cryptocurrency payment solution is in the works in Germany after major crypto payment processor BitPay left this market earlier this year. (Updated at 13:27 UTC: updates in bold). Salamantex, an Austrian payment service provider, and TEN31, a fintech arm of German bank WEG Bank, agreed to cooperate and now aim to start accepting…
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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 Smart contracts have become legal in Russia as of today, reports Regnum. The new law – one of a package of three pertaining to blockchain technology, crowdfunding and Read…
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Ethereum Name Service auctions were halted because of a bug that resulted in names being awarded to wrong users and for lower bids. Ethereum Name Service (ETN) name auctions were halted because of a bug that resulted in names being awarded to wrong users and for lower bids. Faulty documentation ENS’s editor Brantly Millegan announced…
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The U.S. Securities and Exchange Commission has settled with Block.one for $24 million for conducting an unregistered ICO. The United States Securities and Exchange Commission (SEC) has reached a settlement with Block.one to pay $24 million in penalties for conducting an unregistered initial coin offering (ICO). On Sept. 30, the SEC announced in a press…
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Swiss Digital Exchange, a crypto trading platform by SIX Swiss Exchange, reportedly plans to launch its initial digital offering in 2020. Swiss Digital Exchange (SDX), a digital asset trading platform by Switzerland’s principal SIX Swiss Exchange, will reportedly launch its initial digital offering (IDO) in 2020. SDX security token The not-yet-launched SDX has reportedly set…
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