Category : Altcoins

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Crypto Markets Move Again With a 6 Billion Dollar Dump

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The bears have awoken; Altcoins are dumping, only Maker, Nxt and Waltonchain survive. We have been waiting for some movement on crypto markets and it has finally arrived. Unfortunately in the wrong direction, however, and another dump has seen $6 billion shaved off cryptocurrencies as they plummet back towards $200 billion total capitalization. Bitcoin finally broke down and could not
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Sapling on Zcash (ZEC) is Working, and it’s a Big Deal

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ZCash (ZEC) has just launched a long-awaited upgrade called Sapling — a project that was seen as a method of improving the usability of ZCash protocol. Success! We’re happy to announce that the #Zcash Sapling network upgrade activated today at block height 419200. #Sapling introduces new #shielded addresses with significantly improved performance. Learn more: https://t.co/IGoqNdlz3N pic.twitter.com/6VpKcMteCa — Zcash Company (@zcashco)
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‘We Have No More Funds’: Canadian Exchange MapleChange Exit Scams

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A Canadian cryptocurrency exchange has closed down, claiming that a hacker had withdrawn all the funds. But many are suggesting that this is nothing more than an exit scam. A Scam I Am? The exchange, MapleChange, opened in May and listed 62 tokens, including Bitcoin, Litecoin, and Ethereum. Volume was modest, peaking at $67k, but there were enough regular users
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Big Four Accountancy Firms Rush to Offer Services in Crypto Despite Lack of Consensus

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Prompted by the surge in demand for auditing services of crypto firms, traditional accountancy companies are being forced to hire blockchain specialists. The likes of EY, PwC, and KPMG now have several clients from either the blockchain or digital currency space that want their business practices approved by established names. Demand Grows for Digital Currency Business Audits The massive cryptocurrency
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eToro Partnership Sees Binance Coin Exchangeable For Fiat For First Time

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Cryptocurrency exchange Binance today saw its in-house token Binance Coin (BNB) become available to buy and sell with fiat currency for the first time. BNB Leaves The Crypto Realm In a partnership with UK-based trading platform eToro, the exchange will open up its token, which traders can use to pay fees, to direct exchange against the euro, British pound, US
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NXC Makes “Strategic, Long-Term Investment” in Crypto, Acquires Bitstamp

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Popular cryptocurrency exchange Bitstamp has been acquired by South Korean NXC Corporation for an undisclosed sum in what the company is calling a “strategic, long-term investment” into the cryptocurrency space. Bitstamp Acquired by Nexon Parent Company Luxembourg-based cryptocurrency exchange Bitstamp confirmed today that it has been acquired by Belgium-based investment firm NXMH in a deal that was signed into effect
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Bitcoin Falls to Bottom of Established Trading Range as Sell Volume Ramps Up

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Overnight, Bitcoin fell to the bottom of its long-established trading range, finding stability in the mid $6,300s. Bitcoin’s drop is not unexpected, and is far less severe than many analysts had foreshadowed, following a period of incredibly flat trading. Analysts have previously explained that the longer an asset, especially a cryptocurrency, trades flat, the larger the proceeding move will be.
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Cryptocurrency Market Update: All Quiet on Monday Morning in Asia

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Nothing to report during Monday’s Asian trading; Dentacoin and Polymath are the only ones moving. Monday morning brings little to talk about on crypto markets. Nothing has moved since yesterday, or last week for that matter, and total market capitalization is at the same place, just below $210 billion. Bitcoin has seen its longest period of inactivity for quite a
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Fidelity Won’t Build Its Own Exchange, Focused on Bitcoin Custody, Exec Confirms

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Tom Jessop, President of Fidelity Digital Asset Services says that the asset manager will take crypto to the next level by enhancing the sector and providing a secure Bitcoin custody solution so institutional investors can get a piece of the crypto pie. Bitcoin Custody Solution Will Remove Barrier In the most recent episode of her Unconfirmed podcast, Laura Shin interviewed
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Liberland President Plans To Use New ‘Merit’ Cryptocurrency Instead of Bitcoin

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The President of Liberland, a small self-proclaimed microstate on a patch of land between Croatia and Serbia, is looking to use a new cryptocurrency called ‘Merit’ to underpin his vision for a new country.   ‘A New Type of State’ Vit Jedlicka’s vision for a new crypto-based micro-nation has taken steady steps forward over the last few years. The so-called