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Aussie Banks Still Cold to Cryptocurrency Businesses Despite Regulation

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Aussie Banks Still Cold to Cryptocurrency Businesses Despite Regulation

Aussie Banks Still Cold to Cryptocurrency Businesses Despite RegulationDespite increasing regulation in the cryptocurrency sector, Australia’s major banks maintain cautious policies when it comes to cryptocurrencies. While cryptocurrency businesses appear to challenge Australian banks’ appetite for risk, many institutions permit cryptocurrencies to be purchased using credit cards. Also Read: Lithuania to Adopt Crypto Regulations Even Stricter Than the EU’s Credit Card Cryptocurrency Purchases […]

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Crypto Markets and CME Futures Post Record Trade Volume

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Crypto Markets and CME Futures Post Record Trade Volume

Volume has been ramping up across the cryptocurrency markets, with April seeing a new all-time high posted for daily global cryptocurrency volume. The month has also seen Chicago Mercantile Exchange (CME) report record trade volume for its BTC futures contracts, in addition to Cumberland’s trade desk reporting an influx of 1,000 BTC buy orders, signaling […]

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“It’s A Lion’s Den” – P2P Traders Discuss Challenges of Operating on Localbitcoins

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“It’s A Lion’s Den” – P2P Traders Discuss Challenges of Operating on Localbitcoins

“It’s A Lion’s Den” - P2P Traders Discuss Challenges of Operating on LocalbitcoinsDespite many cryptocurrency users having made their first purchases using Localbitcoins, little attention is paid to the experiences of the traders who operate on the platform. News.Bitcoin.com reached out to several Localbitcoins traders to find out about the challenges facing peer-to-peer crypto brokers. Also Read: Darknet Buyers Flock to Wall Street as Dream Winds Down […]

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Aussie School’s Cryptocurrency Programs Attract International Attention

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Aussie School’s Cryptocurrency Programs Attract International Attention

Aussie School's Cryptocurrency Programs Attract International AttentionIn August 2017, news.Bitcoin.com covered a number of cryptocurrency programs that were being offered to the students of Wooranna primary school in Victoria, Australia. Nearly two years later, the school’s cryptocurrency programs continue to thrive, with the students having recently interviewed Andreas Antonopolous, and attracted visitors from Europe, North America, and Asia. Also Read: Australian […]

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Mercado Livre Bans Cryptocurrency Listings Following $750 Million Investment From Paypal

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Mercado Livre Bans Cryptocurrency Listings Following $750 Million Investment From Paypal

Cryptocurrency listings have been prohibited from publication on Mercado Livre, also known as Free Market, following a $750 million investment into the platform from Paypal. Just prior to the announcement, more than 10,000 listings relating to virtual currencies were identified on the platform. Also Read: Why Africa Continues to Lag Behind in Cryptocurrency Adoption Latin […]

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Markets Update: BCH Holds Above $150, RVN and XTZ Explode

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Markets Update: BCH Holds Above $150, RVN and XTZ Explode

Markets Update: BCH Holds Above $150, RVN and XTZ ExplodeIn recent market action, bitcoin core (BTC) has struggled to hold above $4,000 following four consecutive green weekly candles, while bitcoin cash (BCH) appears to be consolidating above $150 after comprising the best performing of the 10 largest crypto assets by market cap of the last seven days. In other news, ravencoin (RVN) and tezos […]

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Up & Down: BTCP and ABBC Plummet Amid Controversy

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Up & Down: BTCP and ABBC Plummet Amid Controversy

Up & Down: BTCP and ABBC Plummet Amid ControversyLiquidity has shifted away from the top gaining crypto assets, with only six of the week’s 30 top performing markets currently riding 24-hour volume of seven figures or higher in USD. ABBC comprises the most liquid of the week’s top losers, currently ranking as the sixth poorest performing market of the last seven days after […]

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While Tether Withdraws Claim of USD Backing, Rival Stablecoins Provide Monthly Attestations

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While Tether Withdraws Claim of USD Backing, Rival Stablecoins Provide Monthly Attestations

Tether Withdraws Claim of USD-Backing While Rival Stablecoins Provide Monthly AttestationsThe controversy surrounding the backing of Tether’s USDT tokens has resurfaced following a recent alteration to the company’s terms of service that now state the reserves backing USDT comprise “traditional currency and cash equivalents and … other assets and receivables from loans made by Tether to third parties.” Despite tether’s dominance among stablecoins by market […]

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Pwc Report Finds STOs ‘Are Not Fundamentally Different From ICOs’

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Pwc Report Finds STOs ‘Are Not Fundamentally Different From ICOs’

Pricewaterhouse Coopers (PWC) has published a report in collaboration with Crypto Valley seeking to provide “a strategic perspective” on the initial coin offering (ICO) and security token offering (STO) sectors. The report finds that security tokens “are not fundamentally different from ICOs,” estimating that their combined total raised almost $20 billion during 2018. Also Read: […]

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Chinese Government Officials Targeted With Ransomware, North Korea Suspected

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Chinese Government Officials Targeted With Ransomware, North Korea Suspected

Chinese Government Officials Targeted With Ransomware, North Korea SuspectedA statement issued by the People’s Government of Yiling District, Yichang has revealed that Chinese officials have been the target of a ransomware email attack in recent days. Also Read: Late Quadrigacx CEO Used Personal Funds to Fulfill Withdrawals Chinese Government Officials Face Ransomware Attack A statement issued by a Chinese provincial government website has […]

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