Crypto firm Hiddup rebrands amid $41M investigation and legal woes
Hiddup continues advertising returns ranging from 6 to 16% per annum through blockchain mining on its website while facing legal action.
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Nasdaq Adds Brave New Coin’s XRP Index to Global Data Service
The world’s largest stock exchange, Nasdaq, announced that it has introduced XRP Liquid Index (XRRLX), a new XRP index, to its global data service. The news was announced in a post on its website published on April 29.Per the announcement, the development is part of Nasdaq’s data dissemination partnership with cryptocurrency analytics company Brave New…
Australia’s Central Bank: Cryptos Will Not Receive Wide Acceptance in the Near Future
Cryptocurrencies will not receive wide use in Australia as long as the local financial system is efficiently working, the Reserve Bank of Australia (RBA) stated in an official document issued on June 20.According to the notice authored by analysts from RBA’s payments policy department, there is "little likelihood of a material take-up of cryptocurrencies for…
Bitcoin Price Touches $8,400 While 0x Jumps 16%
Monday, Oct. 14 — Bitcoin (BTC) started the week with little to no movement in price, touching the $8,400 price mark, while most of the top-20 coins are reporting slight gains.Market visualization. Source: Coin360After a weekend of little excitement, the top-20 cryptocurrencies are mostly in the green. As Cointelegraph reported earlier, traders and institutional investors…
Central Bank of Kenya seeks public input on potential CBDC
“A key opportunity where CBK sees potential value is the use of CBDC in facilitating cross-border transactions," the announcement reads. 310 Total views 10 Total shares The Central Bank of Kenya (CBK) has published a discussion paper on its central bank digital currency (CBDC), seeking public input on the potential benefits and risks and regulatory…
Ripple partners with Colombia’s central bank to explore blockchain technology
The pilot program will run through 2023 with the intent of demonstrating blockchain utility to the general public. 336 Total views 1 Total shares Banco de la República, Colombia’s central bank, is partnering with Peersyst and Ripple to pilot blockchain technology on the XRP ledger. The Ministry of Information and Communications Technologies (MinTIC) in Colombia will…
New US stimulus, Brexit and $20K: 5 things to watch in Bitcoin this week
Bitcoin (BTC) starts another week aiming for $19,500 and beyond as crunch time for Brexit meets mass U.S. money printing.Cointelegraph takes a look at the price factors at stake for Bitcoin this week as shaky $19,000 support remains in play. Bitcoin CME futures hourly chart. Source: Tradingview$7 trillion money printing?The more controversial elements of U.S.…
The Clearing House stands up for bank rights, opposes CBDC in comments for US Treasury
The payments operator responded to a Treasury inquiry related to the presidential executive order with an appeal to keep bank interests in sight when designing digital assets. 577 Total views 5 Total shares United States payment systems operator The Clearing House has released its response to a Treasury Department request for comment on “digital-asset-related illicit…
Cointelegraph Pitch Room launched, bridging promising projects to quality investors
Cointelegraph presents Pitch Room, a new stage in the effort to boost innovation in the crypto space, dedicated to investors interested in deal flow. Pitch Room opens doors for promising startups in the Web3 space, exploring new markets and building solutions with the potential to disrupt the industry. Investors can view a one-page summary of…