Germany Gets Its First Crypto Exchange for Whales

Germany’s VPE Wertpapierhandelsbank AG (VPE) has announced its institutional investor cryptocurrency trading services and claims them to be the first of their kind for the country. Armed with a Bundesanstalt für Finanzdienstleistungsaufsicht (Bafin) license, in expanding its brokerage offerings VPE purports to offer “best-in-class technology” to customers, “secure and regulated.” Also read: Facebook to Be… Continue reading Germany Gets Its First Crypto Exchange for Whales

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St. Louis Fed Rejects Notion of Central Bank-Issued Cryptocurrencies

The St. Louis Federal Reserve has published an essay critically evaluating the notion of cryptocurrencies that are issued by central banks. The article is highly dismissive in presenting what it describes as “the non-case for central bank cryptocurrencies,” concluding that “a central bank will not issue cryptocurrencies in the sense of a truly decentralized and… Continue reading St. Louis Fed Rejects Notion of Central Bank-Issued Cryptocurrencies

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Samsung Reveals Record-Breaking Quarter Amid Crypto Mining Demand

Earlier this year, Samsung expanded into mass producing ASIC chips for bitcoin mining, and the move is already paying off. Samsung had a blockbuster first quarter, as evidenced by the fourth straight quarter of record performance for operating income, the catalyst for which was demand for chips used in bitcoin mining. Samsung’s  semiconductor business shined amid… Continue reading Samsung Reveals Record-Breaking Quarter Amid Crypto Mining Demand

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Arizona Overhauls Blockchain Bill to Focus on Crypto Payments

An Arizona Senate bill that previously focused on state income tax is getting a makeover, the Senator who crafted the bill tells CCN. Senator Warren Petersen, a Republican, said the bill is being redesigned to instead focus on point-of-sale crypto tax payments known as the transaction privilege tax (TPT) in the state. Arizona residents could be the… Continue reading Arizona Overhauls Blockchain Bill to Focus on Crypto Payments

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How to Protect Yourself Against DNS Attacks When Using Cryptocurrency

DNS attacks can manifest themselves in many ways, all targeted against the Domain Name System that connects the internet. At best they’re an inconvenience, knocking websites offline or preventing access, and at worst they’re costly, as this week’s $150,000 Myetherwallet hijack demonstrated. When you’re interacting in the crypto space, here are a few ways to… Continue reading How to Protect Yourself Against DNS Attacks When Using Cryptocurrency

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