Tag Archives for " Cryptocurrency News "

Korean Lawyers Lobby Government to Pass Several Cryptocurrency Laws

Regulation The Korean Bar Association, whose membership is mandatory for all lawyers in the country, has campaigned publicly for the government to pass a number of cryptocurrency-related laws. The group specifically proposes regulation for crypto exchanges, initial coin offerings, domestic and foreign crypto transactions, and cryptocurrency funds. Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]

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Blockstream Unveils New Tool To Monitor Liquid Sidechain

Blockstream has been busy as of late with a brace of announcements including the release of the Liquid Full Node binaries alongside a new block explorer that lets you track transactions on the Liquid sidechain. Exploring The Possibilities The Blockstream Block Explorer enables users to view requested data from the Bitcoin blockchain and Liquid sidechain. The […]

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The US Dollar Dominates BTC-Fiat Trading, New Research Finds

The US Dollar has been dominating BTC-Fiat trading on average throughout the past month, according to a research by CryptoCompare. 50 Percent Market Dominance According to a new report called “Detailed Report Into The Cryptocurrency Exchange Industry” released by CryptoCompare, the US dollar represents half of the BTC-Fiat trading on average throughout the last 30 […]

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BitFury $80M Funding Round Attracts Galaxy Digital’s Novogratz

Bitcoin mining infrastructure company BitFury Group has closed a private funding round worth $80 million from both global and cryptocurrency-focused investors. Cash To Fund ‘Hardware And Software’ Objectives In a press release November 6, BitFury, which is also rumored to be planning an IPO, revealed Mike Novogratz’s Galaxy Digital to be among the participants in […]

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HSBC Executes India’s First Overseas Blockchain Payment for Major Company

The British banking giant HSBC has reportedly executed the very first overseas financial transaction of Reliance Industries (RIL) to a US-based client using blockchain technology. “The Use of Blockchain Offers Significant Potential” Despite the tension surrounding cryptocurrencies in India, HSBC has purportedly carried out the very first overseas financial transaction using blockchain-based technology. The parties […]

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Square Surpasses Twitter in Market Capitalization

Jack Dorsey’s social media platform Twitter has been outperformed by his other company – the financial services provider Square. A Strategic Move Jack Dorsey’s Bitcoin-integrated financial services company Square has more than doubled its value since it allowed users to buy and sell Bitcoin (BTC) 00 back in 2017. According to data from Yahoo Finance, […]

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Should Paraguay invest its energy wealth in bitcoin ‘mining’ or fighting poverty? | Global development

Shotgun-toting guards patrol an anonymous warehouse on the outskirts of Ciudad del Este. Perched on the triple border where Paraguay meets Brazil and Argentina, the melting-pot city is often associated with smuggling, cartels and drugs. But inside, a new hot commodity is piling up by the second. Dozens of dismantled CPUs and internet-connected circuits whirr […]

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The Ledger: Crypto Consolidation, St. Vitalik, Interest Bites Bitcoin

In today’s cryptocurrency landscape, it’s striking how many companies offer the same services. There are numerous exchanges, multiple wallet providers and, heck, there’s even a glut of crypto media outlets. When times are good—think $20,000 Bitcoin—such plenty isn’t a problem. The pie gets bigger, customers pour in and everyone grabs a piece of the market. […]

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Bitcoin Cash Fork Watch: BCH Infrastructure Providers Reveal Contingency Plans

News There’s only 10 days left until the Bitcoin Cash (BCH) network hard fork scheduled for Nov. 15. At the moment the upgrade has two competing BCH clients with different ruleset changes, so the upcoming fork could cause a chain split. Because of the contention over certain upgrade proposals, a slew of exchanges and wallet […]

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Lawyer Invests $300 Million to Build Crypto City in the Nevada Desert

News Consumer protection lawyer Jeffrey Berns is the owner and CEO of Blockchains LLC, a company that bought more than 67,000 acres of land in northern Nevada for $170 million earlier this year. On Thursday, he revealed plans to build a crypto city in the desert, claiming to have invested $300 million to make it […]

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