Survey Respondents Are Split 50/50 Between Bitcoin & Big Banks
The proportion of people who trust big banks has fallen drastically since 2017, while the support for Bitcoin has exploded — millennials lead the way. Go to Source Powered by WPeMatico
Month: June 2020
Estonia Revokes 500 Crypto Firms’ Licenses After $220 Billion Money Laundering Scandal
Estonia has canceled 500 cryptocurrency firms’ licenses, about 30% of the total, as part of a crackdown on illicit financial flows following a $220 billion money-laundering scandal involving Danske Bank. Regulators are concerned that bitcoin exchanges and other crypto companies might be liable to using their platforms to facilitate illegal transfers, Bloomberg reported. Madis Reimand, … Read more
Blockchain Is Evolving Like the Internet: Who Will Be the Crypto Hotmail?
Blockchain’s evolution path is similar to the invention of the internet, and we are already in its second phase. Go to Source Powered by WPeMatico
IBM Pilots Blockchain Solution For Primary Teachers’ Pensions in Bangladesh
A Bangeldeshi government agency is collaborating with IBM to harness blockchain for modernizing the country’s digital pension system. Go to Source Powered by WPeMatico
Bitcoin Price Drop to Key $9K Support Could Place the Uptrend in Peril
Bitcoin price searches for support in order to maintain the current uptrend. Go to Source Powered by WPeMatico
KuCoin Targets Latin America and Eastern Europe With New Fiat On-Ramps
KuCoin has launched credit card support for 17 new fiat currencies, with the exchange expanding its services to Latin American and Eastern European customers. Go to Source Powered by WPeMatico
Changpeng Zhao Spends 20% of His Time Interacting on Twitter
Binance’s founder said Twitter is not part of some broader goal, but a way to interact with the crypto community. Go to Source Powered by WPeMatico
Paul Tudor Jones’ Bitcoin Investments “Not A Surprise” Former Soros Adviser Says
Takeshi Fujimaki, a former adviser to George Soros, said it was “not a surprise” to hear Paul Tudor Jones’ bitcoin revelation. Go to Source Powered by WPeMatico
Nearly 3 Million Bitcoin Addresses Hold at Least 0.1 BTC
Statistics play a crucial role in any industry, and cryptocurrencies are no exception. Looking at the number of unique addresses holding at least 0.1 BTC in their balance, it seems as if the ongoing growth cannot be denied. Bitcoin is, for all intents and purposes, designed to be a very scarce asset. More Addresses Holding … Read more
China’s Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital Controls
A recent study published by Amun researcher, Eliézer Ndinga, shows that USD-pegged stablecoins are being leveraged in Hong Kong as “vehicles for capital control flight.” The report shows how individuals from mainland China, Singapore, and Hong Kong are moving their capital out of control by using these dollar-pegged blockchain tokens. Last week on June 9, … Read more