Taklimakan Network and SocialMedia.Market Form Partnership

Taklimakan Network, the Singapore-based business platform for connecting cryptocurrency investors, analysts, and enthusiasts has just signed a memorandum of understanding (MOU) with SocialMedia.Market, the decentralized platform for simplifying marketing interaction between business and social media influencers. This is the latest example of an emerging trend in the crypto community of promising, efficient projects building synergistic partnerships to make the greatest possible use of blockchain. The MOU will enable both the Taklimakan Network and the SocialMedia.Market to build a collaborative framework for blockchain research and development. While the Taklimakan Network will…

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Ex-Goldman Sachs Economist: Bitcoin Is Response To World Debt Bubble

Tetras Capital founder and ex-Goldman Sachs economist Brendan Bernstein has become the latest source claiming Bitcoin will pop the ‘bubble’ of traditional finance. Bernstein: Bitcoin ‘Isn’t A Bubble’… In a series of tweets posted on April 10, Bernstein echoed the Bitcoin Foundation’s founding director Jon Matonis in decrying persisting claims Bitcoin has ever been a bubble. The comments come during the same the week that UK bank Barclays likened the rise and fall of Bitcoin prices to an “infectious disease,” while Time magazine called the potential for the US to…

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How an OTC Bitcoin Scammer Almost Stole $600 Million

OCT trading involves high value deals that can run into the hundreds of millions of dollars. Whales want privacy and zero slippage, which isn’t possible on a cryptocurrency exchange, while buyers want large quantities of bitcoins at below market rates. It’s an arrangement that suits both parties, but for it to work, trust is essential as the cautionary tale of a $600 million OTC scam shows. Also read: India Bitcoin Caper: 10 Cops Busted Over Kidnapping and Extortion The 99,000 Bitcoin Deal That Almost Went Through On April 2, Miles, an…

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Caribbean Nations Introduce Crypto Payments in the Travel Industry

The Caribbean Tourism Organization is going to introduce cryptocurrency payments for tourism services and products offered in the region. In partnership with a local company, CTO wants to implement crypto-based merchant applications in the travel industry and other related sectors. Another goal is to further integrate the region’s economies through more cryptocurrency transactions. Also read: Antigua and Barbuda to Set Up a Cryptocurrency Exchange Embracing Cryptos to Deal With Issues and Restrictions Trying to adequately address economic and financial issues, Caribbean governments and businesses are increasingly turning towards cryptocurrencies like…

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Corporations Bypassing Korean ICO Regulations With Overseas Subsidiaries

Major corporations in South Korea are increasingly establishing cryptocurrency subsidiaries and launching initial coin offerings outside of the country due to prohibitive regulations. They are seeking opportunities in countries like Japan, Switzerland, Singapore, and Gibraltar. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Regulations Driving Away Businesses An increasing number of corporations in South Korea are establishing cryptocurrency and blockchain subsidiaries abroad due to restrictive regulations. Money Today elaborated: Korea’s largest Internet and mobile companies have left Korea one after another as they entered virtual currency and blockchain…

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Bullish Bitcoin Signals Suggesting Bears Nearing Point of Exhaustion

The wider cryptocurrency market is looking pretty green today as bullish sentiment begins to creep back into the Bitcoin charts — with some signs starting to suggest the bears are becoming exhausted. Hibernation Season? Right now, all eyes are on Bitcoin. On one hand, the world’s largest cryptocurrency by market capitalization may burst upwards and settle above $7000, signaling strength. On the other, cryptocurrency’s gold standard risks falling to a new yearly low beneath $6000 levels. That being said — without being blindly bullish — there are signs that the…

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Bitcoin, Ether, XRP ‘Have No Intrinsic Value,’ Because Bert Ely Says So

Bert Ely, an attention-seeking financial expert who has been referred to as “The King of Quotes,” has thrown some more of his stereotypical alarmist opinions in the direction of Bitcoin and other leading cryptocurrencies. This time, he’s gone so far as to claim that they have ‘no substantive or intrinsic value’ — even though they clearly do. ‘No Rational Justification’ Sometimes, it’s hard to tell if Bert Ely is serious. You may recognize the name from any number of mainstream newspapers and websites over the last few decades, in which…

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Bittrex Exchange is Back! Annnnnnd It’s Gone Again

After nearly four months of being purposefully offline, popular crypto exchange Bittrex announced its reboot, complete with a new website. Within an hour, the company had to once again cease onboarding customers. Also read: Bitgrail’s $170M Hack Continues to Provide Drama Bittrex Reemerges Bittrex CEO Bill Shihara explained, “We’ve spent the past four years building Bittrex on the founding principles of innovation, security and responsibility. Given these principles, pausing new user signups during a period of immense trading volume was not a decision we took lightly, but our responsibility to…

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Monero Confirms Ledger Wallet Support is Ready to Go

Privacy-focused altcoin Monero (XMR) is set to receive official support from cryptocurrency hardware wallet manufacturer Ledger, lead code maintainer Riccardo Spagni has confirmed. Monero 0.12.1 Means ‘Official Ledger Support’ Speaking in an interview during an episode of the Doug Polk Podcast April 9, Spagni added the integration had “already” occurred. “We are on Ledger already if you’ve got the dev kit,” he said. “I saw some commits happening today to fix a couple of small issues… I’d hope that probably alongside the Monero 0.12.1 release, there will be official Ledger…

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Europe Bullish on Blockchain: 22 Countries Sign International Blockchain Partnership

As the cryptocurrency market struggles to regain its footing after a record-setting run late last year, traditional financial institutions, corporations, and governments are all looking to co-opt Bitcoin’s underlying technology for their own purposes — including the European Union. Europe Goes Long on Blockchain Technology On April 10, 22 countries in the European Union signed a Declaration on the Establishment of a European Blockchain Partnership. Aimed at cementing Europe as a world-leader in the development and launch of blockchain technologies, the international partnership claims to be “a vehicle for cooperation amongst…

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