Category: Uncategorized

In the interest of furthering choice and decentralization, Monero users now have another wallet available to them. ‘A Labor of Love’ In a post on the r/Monero subreddit yesterday, user WiseSolution — otherwise known as Nath — announced the launch of a new online wallet and website, XMRWALLET. Wrote the creator: The doors are open and I am so happy to finally have a finished site for the Monero community. It’s been a long 7 months of work but it is definitely a labor of love. I have been using www.MyMonero.com…

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Australia’s financial regulator is cracking down on deceptive and misleading initial coin offerings (ICOs), citing “a serious breach of the Australian law.” As a result of the regulator’s inquiries, some issuers have halted their token sales or are modifying their structures. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space ASIC Takes Action Against ICOs The Australian Securities and Investments Commission (ASIC) announced on Tuesday that it is taking action “on misleading or deceptive conduct in the marketing and selling of digital or virtual tokens via initial coin offerings (ICOs).”…

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The government of Russia is making concerted efforts to dominate the fledgling blockchain technology industry.  Blockchain to Belong to Russia Many companies and countries around the world have expressed their interest in blockchain technology. One of the major players in this innovative new technology is Russia. President Vladimir Putin has pushed blockchain technology as part of his new “digital economy” program, saying that the country can’t be “late in the race” for blockchain dominance. Putin has even met with Vitalik Buterin, one of the co-founders of Ethereum. An article in the New…

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While Bitcoin is scorching hot in Asia, P2P finance exchanges like Paxful realize that Africa is poised to become the next big market for Bitcoin. Bitcoin has certainly taken the world by storm. Asia continues to be the hottest spot for cryptocurrency, while Europe and North America follow in its footsteps. Many people equate virtual currencies to highly industrialized nations, but they’re catching on in developing markets as well. Paxful, the P2P finance platform, believes that Africa is poised to become the next big market for Bitcoin. Numbers and Need…

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Bitcoin forks are invariably contentious, but the latest batch could be the most controversial yet. Bitcoin Prime and Anonymous Bitcoin have been labeled as shameless cash grabs that are little more than pump and dumps orchestrated by opportunistic developers. The projects’ architects of these schemes, naturally, have hit back. Also read: Forget Emojis – Bitcoin Sentiment is Expressed Through Sticker Sets in Chats New Forks Fuel a Furore Rhett Creighton has always been a polarizing figure, but his latest stunt has united a swathe of the cryptocurrency community in condemnation. EOS’…

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Bitcoin is often accused by regulators, governments and central bankers as being a tool for money laundering by criminal organizations, usually without presenting any evidence. A new report from Hong Kong, a major international financial hub and nexus for trade between China and the whole world, spells this out clearly.  Also Read: Bitcoin in Brief Wednesday: Hacker Gets Trolled, Vertcoin Gets Hacked No Evidence of Money Laundering The government of Hong Kong has published on Monday its 2018 Money Laundering and Terrorist Financing (ML/TF) Risk Assessment Report. The paper examines…

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Coinmarketcap (CMC) has released its first-ever mobile app. The cryptocurrency price and market capitalization website announced the release of the app on April 30. The launch of the app is part of CMC’s five-year anniversary celebration. The Coinmarketcap App for iPhones The new CMC mobile app is compatible with the iOS smartphone platform. It enables users to view crypto price, market cap and 24-hour price changes on the go. App users can select from a variety of filter options to see all tokens, the top 100 tokens or their watchlist…

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This week the company BRD (formally Bread Wallet) released its anticipated ‘Augustus’ wallet release which provides BRD users with a bunch of new features. Not only will the BRD wallet offer BCH, BTC, and ETH balances, users can now store over 100 unique ERC20 tokens as well. Additionally, the BRD development team has added a secure in-wallet digital trading service for its supported assets. Also read: Markets Update: Trading Action Heats Up During the First Week of May BRD Launches ‘Augustus’ Wallet Release With In-Wallet Cryptocurrency Trading The BRD platform is…

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Coinbase is starting to offer over-the-counter (OTC) crypto trading services to clients. No official word has been provided by Coinbase yet, but a few unnamed sources who spoke Business Insider confirmed the move. This development is yet another attempt by the burgeoning startup to establish itself as a significant player in the financial market. Coinbase GDAX to Support OTC Crypto Block Trades Coinbase created the GDAX platform for institutional investors in 2014. With this new over-the-counter deck, it appears the crypto exchange platform has set its sights on an even…

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A group of South Korean lawmakers is working on a bill to legalize initial coin offerings (ICOs), providing they meet certain conditions under the supervision of the government. Meanwhile, the current ICO ban in the country has driven many domestic corporations to raise capital overseas. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Bill to Legalize ICOs Rep. Hong Eui-rak of the South Korean ruling Democratic Party “is leading the move championed by 10 other lawmakers” to legalize ICOs, the Korea Times reported. “They are working to have a…

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