Category: N-Featured
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Satoshi’s Pre-Release Bitcoin Code Contains Some Fascinating Findings
Cryptocurrency supporters have been discussing an early version of the original Bitcoin source code that surfaced this week. An old forum post and mailing list letter written by Satoshi suggests there was a private version of the code distributed to a few people before the launch of the network on Jan. 3, 2009. Also Read:…
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Bitcoin Exchange Gatecoin Shuts Down Citing Financial Difficulty
Hong Kong-based bitcoin exchange Gatecoin has said it is shutting down citing financial difficulty. The exchange suffered a $2 million hack in 2016 and hasn’t been able to recover the funds. However, Gatecoin blames a registered French payment service provider for paralyzing its operations. The payments company allegedly duped the exchange out of an unspecified…
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US Sanctions Moscow’s Evrofinance Bank Over Involvement With Petro
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Moscow-based Evrofinance Mosnarbank. The Russian bank was allegedly involved in Venezuela’s attempts to bypass financial sanctions using the petro. Also Read: In the Daily: Exchange to List STOs, Crypto Tax Tool for Accountants, Coinbase Updates US Sanctions Evrofinance The…
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Late Quadrigacx CEO Used Personal Funds to Fulfill Withdrawals
Jennifer Robertson, the widow of late Quadrigacx chief executive officer Gerry Cotten, has revealed that customer withdrawals were processed using personal funds in a statement published yesterday. The document also indicates that law firm Stewart McKelvey has withdrawn from representing Quadrigacx during the Companies’ Creditors Arrangement Act process due to “potential” conflicts of interest. Also…
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In the Daily: Exchange to List STOs, Crypto Tax Tool for Accountants, Coinbase Updates
In this edition of The Daily we cover a regulated exchange that is starting to list security tokens, a new tool for accountants serving cryptocurrency users, and Coinbase linking its platform and wallet app in addition to adding XLM trading on Coinbase Pro. Also Read: Survey: 70% of Cryptocurrency Owners Rarely Use It for Payments…
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Basel Committee Sets out Guidelines for Banks Intending to Enter Crypto Market
The Basel Committee has laid out guidelines for banks that plan to enter the cryptocurrency market. While outlining the supposed threats posed by crypto assets in terms of financial stability, the committee has said it expects banks that are going to have direct exposure to the crypto industry to be prudent in their approach. As…
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Survey: 70% of Cryptocurrency Owners Rarely Use Crypto for Payments
A recent survey has found that the majority of cryptocurrency owners rarely use it for making payments. One somewhat unexpected reason postulated for this is that some people are still nervous about making cryptocurrency transactions. Also Read: Canaan Creative Secures Hundreds of Millions of Dollars in Funding Only 30% Use Crypto as Currency The Foundation…
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Xena Launches Leveraged Contract for Yet to Be Released Telegram Token
The Telegram token (gram) has started trading as a perpetual contract on London-based Xena Exchange. On Mar. 12, the crypto exchange launched a derivative contract for grams, with up to 100x leverage. The Xena-listed perpetual contracts are publicly tradable and are intended to provide liquidity for the gram token ahead of its release later this…
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Auscoin Exchange Suspended After Arrest of Sam Karagiozis
27-year-old Sam Karagiozis has been named as the individual arrested on March 7 following raids carried out by the Australian Transactions Reports and Analysis Centre (AUSTRAC) and Australian Federal Police. The arrest resulted in the suspension of the licenses of two cryptocurrency exchanges that Karagiozis is involved with including his controversial nationwide cryptocurrency ATM network,…
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73-Year-Old Investor Marc Faber Makes First Ever BTC Purchase
In a recent interview with Cash, renowned stock market analyst and investor Marc Faber revealed that he purchased BTC for the first time during late February. The 73-year-old noted that a conversation with the chief executive officer of Xapo, Wences Casares, sealed the deal. Also Read: Up & Down: Large Volume for Today’s Gainers, ENJ…