Bitcoin’s Disruptive Power Not Lost on UAE Banks Federation and Abu Dhabi Global Market

UAE Banks Federation (UBF) and Abu Dhabi Global Market (ADGM) have joined forces to host a fintech forum with a focus on discussing how cryptoassets are changing the global financial services sector.  Judging by an article from Emirates News Agency, it seems as though the forum was absolutely brimming with enough blockchain and banking-related buzzwords to make anyone in the financial services sector salivate — including enough discussion on regulations, compliance, big data, machine learning, and financial surveillance to make everyone feel like they truly got their money’s worth. Also…

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Stablecoins Are Threatened by These Two Major Issues

On the heels of recent commentary from the published correspondence between Securities and Exchange Commission (SEC) chairman Jay Clayton and representative Ted Budd, SEC senior advisor Valerie Szczepanik explained at Austin’s SXSW conference that stablecoins may be violating current securities laws. Also read: Payglobal Provides Cryptocurrency to Fiat Transfers With Existing Bank Cards Stablecoins May Live in the Land of Securities Over the last two years, stablecoins have become an extremely hot topic while becoming popular vehicles for hedging against the volatility tied to cryptocurrency markets. Tether (USDT) has been…

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Gatecoin Ordered to Cease All Operations, Enters Liquidation

Gatecoin, a cryptocurrency exchange based in Hong Kong, has announced that it is shutting down and entering liquidation following failed attempts at recovering lost funds stemming from a dispute with a past payment services provider.  The news comes via an official statement on Gatecoin’s website. As detailed by the company, Gatecoin ran into trouble with its banking partners in September 2018, which forced the lesser-known exchange to commence a working relationship with a payment service provider (PSP). Said provider is apparently fully-compliant with French regulations. However, Gatecoin blames the PSP…

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Bitcoin Cash Developers Launch Privacy-Preserving Light Client Neutrino

The developers behind the Bitcoin Cash (BCH) full node Bchd have announced the beta release of the lightweight client Neutrino which is now available for Android phones. The Neutrino protocol is not only exceptionally fast, but the client is considered a privacy-preserving light wallet because it uses a concept called client-side filtering. Also read: New Tasking Platform Lazyfox.io Rewards Users With Bitcoin Cash Bchd Light Client Neutrino Launches Beta App for Android Users On March 16, Chris Pacia and the Bchd full node developers announced the launch of Neutrino. The…

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Crypto Spring? Bitcoin Trading Volume Hits 15-Month High

Could it be possible, that spring is finally in the air, and after 15 months of misery, we are seeing the first green shoots coming through? Certainly, March has seen impressive daily volumes and price seems to be tentatively holding around $4000.  Marching Through March Bitcoin’s daily exchange volume has been showing steady and sustained growth; an almost 150% increase in the 5 months since October 2018’s lows. In fact, the average daily transaction volume hasn’t seen levels this high since January 2018. As cryptocurrency commentator, Kevin Rooke, notes on…

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In the Daily: Riotx Exchange, Monacoin Hacker, Coinflex Investors

In this edition of The Daily we cover a planned U.S. regulated cryptocurrency exchange from Riot Blockchain, the arrest of a hacker in Japan who allegedly stole 15 million yen of monacoin, and a couple of new investors in Coinflex. Also Read: US Sanctions Moscow’s Evrofinance Bank Over Involvement With Petro Riotx Exchange Details Riot Blockchain, Inc. (NASDAQ: RIOT) has filed with the Securities and Exchange Commission (SEC) regarding its planned U.S.-based digital currency exchange, Riotx. The document shows that the company intends to launch trading on the exchange with…

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Winklevoss: ‘Crypto Doesn’t Need Rules,’ Cryptocurrency Companies Do

Contrary to their Gemini billboard slogans, crypto doesn’t actually need rules, clarified Cameron Winklevoss. Instead, it’s companies that deal in cryptocurrencies that require “thoughtful” oversight, particularly in light of the recent QuadrigaCX fiasco. Winklevoss: Crypto Doesn’t Need Rules, But… It’s no secret that the Winklevoss twins have been championing the ‘sanitization‘ of cryptocurrency. With their “fully regulated” Gemini exchange, their goal is to change the Wild West image of the fledgling industry that’s been plagued by exchange hacks, scams and fraudulent security offerings. At the same time, it came as…

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PR: CoinAll Lists Fetch.AI and Offers a 350,000 FET Giveaway

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. On March 2019, CoinAll, the famous cryptocurrency exchange, announced the listing of Fetch.AI and will hold a 7-day celebration to give away 350,000 FET tokens. Fetch.AI has gathered a lot of attention of crypto world since their $6 million token sale in 22 seconds on Binance Launchpad. Fetch.AI is a digital infrastructure provider…

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Bitcoin Mining Faster with Less Energy Says Ex Samsung Senior VP

New ASIC 8nm Bitcoin Mining Machine By NPG

Former Samsung Computer Division Executive Vice President says new ASIC based Bitcoin mining machines will achieve highest hashing power at lowest energy consumption rate. NPG (NextPowerGen Co.Ltd) CEO Houn Soo Kim and his team of top engineers from Samsung Electronics have built high-end servers for Intel, EMC and Sun Microsystems. Now, with full-time employees of 12, NPG is looking to be a major contender in the Bitcoin mining industry. Bitmain, the dominant player in the industry, may be losing its grip as other companies are gaining market share. CoinDesk reported that in…

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These Cryptocurrency Exchanges Offer Futures Markets on Unreleased Tokens

Officially, Cosmos atoms have yet to reach a cryptocurrency exchange, and until the Cosmos network votes to approve their listing, atoms aren’t tradable anywhere. Unofficially, you can buy and sell Cosmos tokens on half a dozen exchanges already, where the spot prices differ wildly. Welcome to the world of cryptocurrency derivatives, where futures markets can be found for scores of unreleased tokens. Also read: New Tasking Platform Lazyfox.io Rewards Users With Bitcoin Cash Monfex Launches Telegram Crypto Derivatives Monfex is the latest platform to offer leveraged futures on Telegram’s tokens,…

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