EU Antitrust Boss Flags Facebook Crypto Libra for Monopoly Risks

EU regulators are investigating if the Facebook Libra “cryptocurrency” poses a threat to competition by being a potential monopoly. Margrethe Vestager is the outgoing antitrust...

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EU regulators are investigating if the Facebook Libra “cryptocurrency” poses a threat to competition by being a potential monopoly. Margrethe Vestager is the outgoing antitrust chief of the European Union. She’s gravely concerned that Libra could violate antitrust laws. EU: Facebook Libra must not stifle competition To address this, Vestager says European regulators are examining the potential...

$10,800: BITCOIN PRICE SPIKES IN FLASH SURGE BUT DON’T GET EXCITED JUST YET

By CCN Markets: On August 28, the bitcoin price flash surged across major cryptocurrency exchanges, rising to as high as $10,800 on BitMEX, the largest margin trading platform...

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By CCN Markets: On August 28, the bitcoin price flash surged across major cryptocurrency exchanges, rising to as high as $10,800 on BitMEX, the largest margin trading platform for crypto traders based on daily volume. A large number of shorts were liquidated on BitMEX, triggering buy orders at a higher price, taking the bitcoin price to a key...

Did Bitcoin Cash Fail? 500 Days Since the Fork, it Looks Like it Did

Nearly 17 months after the contentious fork that gave birth to Bitcoin Cash, it may be safe to say that the entire purpose of the...

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Nearly 17 months after the contentious fork that gave birth to Bitcoin Cash, it may be safe to say that the entire purpose of the fork may have been defeated, rendering Bitcoin Cash as little more than just another altcoin. An examination of the available 500+ days worth of data on the bitcoin cash blockchain...

Church’s Chicken Accepts Crypto Payments after KFC Denies Rumors in Venezuela

Church’s Chicken, an international fast-food franchise known its hand-battered fried chicken, has reportedly partnered with Dash Venezuela to become the first fast-food franchise to accept...

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Church’s Chicken, an international fast-food franchise known its hand-battered fried chicken, has reportedly partnered with Dash Venezuela to become the first fast-food franchise to accept cryptocurrencies throughout its locations in Venezuela. According to a press release, a strategic alliance between Dash Venezuela and Church’s Chicken Venezuela will see 13 establishments start accepting the privacy-centric cryptocurrency as payment,...

Ripple Finally Suffers Major Price Drop as Crypto Market Wipes Out $12B

The intense downtrend of the crypto market is finally having a toll on the best performing digital asset of the month. Ripple (XRP), now the...

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The intense downtrend of the crypto market is finally having a toll on the best performing digital asset of the month. Ripple (XRP), now the second most valuable cryptocurrency in the market, is no longer up in value on a monthly basis. Throughout the past 30 days, XRP has maintained the $0.5 level relatively well...

Another One Bites the Dust: Google Account Hacked in Twitter Bitcoin Scam

Google has become the latest victim of the rampant bitcoin “giveaway” scams proliferating on Twitter. For a little over ten minutes on Tusesday, the Twitter account of the...

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Google has become the latest victim of the rampant bitcoin “giveaway” scams proliferating on Twitter. For a little over ten minutes on Tusesday, the Twitter account of the online search giant’s suite of productivity apps and tools, G Suite, was hacked and used to promote a fraudulent bitcoin giveaway. Initially reported by Hard Fork, the fraudsters dubbed the giveaway...

The Daily: Security Startup Raises $30M, Crypto Used to Fight Plastic Pollution

In today’s edition of The Daily, we focus on an Israeli crypto security startup that has raised $30 million in funding from a number of...

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In today’s edition of The Daily, we focus on an Israeli crypto security startup that has raised $30 million in funding from a number of notable companies. We also look at how tokens are being used to clean up the environment, as well as efforts by major auditing firms to service clients in the cryptocurrency...

U.K.’s Financial Regulator Mulls Ban on Sale of Crypto Derivatives

The U.K.’s Financial Conduct Authority (FCA) has said it will consider whether to ban the sale of cryptocurrency-based derivatives, the Financial Times (FT) reported Oct. 29. Unlike crypto spot...

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The U.K.’s Financial Conduct Authority (FCA) has said it will consider whether to ban the sale of cryptocurrency-based derivatives, the Financial Times (FT) reported Oct. 29. Unlike crypto spot market activities, trading, transacting and advising on crypto derivatives such as contracts for difference (CFDs), options, and futures currently falls within the FCA’s regulatory perimeter and requires its official authorization. In a...

Chinese Crypto Wallet Cobo Raises $13 Million, Eyes Global Expansion

Plans for worldwide growth are on track for cryptocurrency wallet startup Cobo after it managed to raise US$13 million in a Series A round. The cryptocurrency wallet...

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Plans for worldwide growth are on track for cryptocurrency wallet startup Cobo after it managed to raise US$13 million in a Series A round. The cryptocurrency wallet startup, which is based in Beijing, China, has set its sights on expanding in the United States as well as in Southeast Asia particularly Indonesia and Vietnam. The Series A...

19 Companies Licensed to Operate Crypto Exchanges in Philippine Economic Zone

Nineteen firms have been granted provisional licenses to operate crypto exchanges by the Philippine government-owned Cagayan Economic Zone Authority. In addition, eight firms have paid...

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Nineteen firms have been granted provisional licenses to operate crypto exchanges by the Philippine government-owned Cagayan Economic Zone Authority. In addition, eight firms have paid the application fees and are being reviewed. A list of all 27 companies has been published. Provisional Licenses Issued The Philippine government-owned Cagayan Economic Zone Authority (Ceza) on Friday published...