Analyst eyes Ether ‘major push’ to $3.5K amid traders betting on upswing
A crypto analyst says Ether could make a “major push” to $3,500 if it holds a $2,800 weekly close, and futures traders are betting on an upward move.
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Ukraine Passes Law on Money Laundering With Crypto Policy Based on FATF
The Ukranian government has approved the final version of a money laundering law that will handle virtual assets and virtual asset service providers (VASPs) per FATF guidelines.On Dec. 6, the Rada, Ukraine’s legislative body, published a final version of the law that considers virtual assets to be a store of wealth, while also recognizing its…
Colorado: Bipartisan Bill Proposes Study of Blockchain in Agriculture
The official Colorado legislation portal reveals that a bipartisan bill proposing a study of blockchain use in agriculture has been introduced on March 15.The bill, jointly filed by four Colorado representative and senators, proposes that the commissioner of the department of agriculture should assemble an advisory group to study blockchain application in the industry. The…
Government Tracking of Crypto Is Growing, But There Are Ways to Avoid It
Much noise has been made about the untraceable qualities of Bitcoin and other cryptocurrencies. Bitcoin "can be used to buy merchandise anonymously" said early primers on crypto, it offers users the kind of financial privacy that was previously available only from a "Swiss bank account," say more recent commentators. And given its ability to provide…
Proof-of-Stake Cryptocurrencies Have $4 Billion in Staked Funds: Diar
An increasing trend in cryptocurrency looks set to continue as major proof-of-stake (PoS) projects launch in 2019, industry newsletter Diar noted in its latest weekly digest on March 18.PoS, an algorithm used in many well-known cryptocurrencies such as Eos (EOS), Dash (DASH) and Tron (TRON), is accounting for a rising amount of value in the…
PayPal UK to halt Bitcoin purchases until early 2024
PayPal will temporarily halt crypto purchases in the United Kingdom starting from Oct. 1, 2023, expecting to re-enable the service in early 2024. Cryptocurrency-friendly payments platform PayPal is making some crypto adjustments on its platform in the United Kingdom to comply with local financial regulations.PayPal is temporarily pausing the ability for its U.K. customers to…
Russia’s Sberbank plans to launch DeFi platform on Ethereum
DeFi systems are able to displace the traditional market of banking services, Sber’s Blockchain Lab product director Konstantin Klimenko said. 147 Total views 2 Total shares Own this piece of history Collect this article as an NFTRussia’s largest bank Sberbank is moving forward with the plan to launch its decentralized finance (DeFi) platform, preparing to…
Ontology to Launch Regulated USD-Backed Stablecoin PAX on its Blockchain
Enterprise blockchain platform Ontology (ONT) plans to launch a version of the regulated USD-backed stablecoin Paxos Standard (PAX) on its own blockchain. The company announced the news in a press release published on April 27.Per the release, the new token (PAXO) will be based on Ontology’s OEP-4 token standard, which will enable atomic swaps between…
Justin Sun implements 100% onchain buyback for SunPump
Justin Sun's SunPump community abandons LP token burning in favor of a more transparent, onchain buyback and burn process.