Will Telegram-linked Toncoin bounce back after Pavel Durov’s arrest?
TON traders might view the recent dip as a chance to buy low if Durov’s arrest is an isolated incident.
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Private, Enterprise Blockchains ‘Make No Sense’ and Are Set to Fail: Abra CEO
The idea of private blockchains, such as enterprise blockchain platforms, will eventually “fail miserably,” the CEO of Abra said during Fortune’s “Balancing The Ledger” show on Feb. 25.Bill Barhydt, CEO of cryptocurrency wallet and investing app Abra, has argued that the idea of a truly decentralized cryptocurrency contradicts the notion of private blockchains.Unlike public blockchains,…
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Egypt: Central Bank’s Draft Law Requires Licenses for Crypto-Related Activities
A new banking law drafted for the Central Bank of Egypt (CBE) would make it mandatory to obtain licenses in advance of creating, advertising or operating platforms for issuing or trading cryptocurrencies. The news was reported by online newspaper The Egypt Independent on May 28.Citing an official source’s remarks to the Egyptian MENA news agency,…
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Bitcoin and altcoins pop to the upside, but upcoming macro events could cap the rally
The 13% gains in the six days leading to Sept. 12 brought the total crypto market capitalization closer to $1.1 trillion, but this was not enough to break the descending trend. As a result, the overall trend for the past 55 days has been bearish, with the latest support test on Sept. 7 at a…
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Canadian Regulators Seize Crypto Exchange Reportedly Owing $16M to Clients
Regulators in the Canadian province of British Columbia have shut down the Vancouver-based Einstein cryptocurrency exchange.In a press release on Nov. 4, the British Columbia Securities Commission (BCSC) reported that it had taken action against the Einstein cryptocurrency exchange, which apparently owes more than $16 million to its customers, according to CBC news.Following a BCSC…
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Here’s how big food and beverage brands are using NFTs: Report
The key supporting factors for the market are the adoption of blockchain technology and the demand for NFTs for transparency and traceability in the food industry. Nonfungible tokens (NFT) adoption is picking up steam across the food and beverage industry, with many fast-food chains displaying interest in this new asset class. A report by ResearchAndMarkets.com states that…
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Bitcoin ASIC manufacturer Canaan saw 82% revenue drop in Q4
The firm's revenue only fell by 14% for the entire year as part of better industry conditions in Q1 and Q2 2022. 310 Total views 4 Total shares Own this piece of history Collect this article as an NFTAccording to a new filing with the U.S. Securities and Exchange Commission on Mar. 7, Canaan, a…
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Bitcoin Hedge Fund and CEO Slapped With $2.5 Million Penalty for Ponzi Scheme
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