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2018 hasn’t been kind to cryptocurrencies, with every major asset except for BNB recording a loss for the year to date. Dash has been particularly hard hit, slipping from 7th to 14th by market cap, and down 92% from its all-time high. A growing schism, culminating in a motion to replace Dash CEO Ryan Taylor, […]
The post Dash Is in Trouble appeared first on Bitcoin News.
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Union Bank AG, a bank in Liechtenstein that offers corporate banking services mainly to companies based in Germany, Switzerland, Austria and the Middle East, has announced that it will be launching its own security tokens in alignment with Liechtenstein’s regulatory authority, FMA, and subsequently its cryptocurrency, “Union Bank payment coin,” which is fully backed by […]
The post Liechtenstein Bank to Launch Its Own Cryptocurrency Backed by the Swiss Franc appeared first on Bitcoin News.
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Ripple Labs, Inc is big on decentralization right now. Stung by criticism that XRP is a centralized currency, and the very real risk that an ongoing lawsuit could see it ruled a security, Ripple has been on the offensive. Its latest effort to disambiguate Ripple the company and ripple the coin has seen Chief Technology […]
The post Ripple Believes Its Cryptocurrency is More Decentralized Than Bitcoin appeared first on Bitcoin News.
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Financially troubled Venezuela, which is introducing the new, denominated, crypto-anchored “sovereign bolivar” this week, is also the birthplace of a number of alternative coins beside the state-issued, oil-backed national cryptocurrency, El Petro. Crisis-hit Venezuelans are actually using some of them in real life, according to the local crypto community. Also read: Coinhive Mints Quarter […]
The post A Look at Venezuela’s Other Cryptocurrencies, While the Petro Takes Center Stage appeared first on Bitcoin News.
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In this week’s daily editions of Bitcoin in Brief we reported on McAfee’s “Doomed” wallet, a panic in the altcoin markets, Binance’s new fiat-to-crypto platform in Liechtenstein and much more. The most commented-on article during the week covered a situation in the UK, where banks are targeting cryptocurrency owners – having their assets frozen and accounts […]
The post The Weekly: McAfee’s Doomed Wallet, Altcoin Panic, Binance Launches Fiat-to-Crypto appeared first on Bitcoin News.
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An Abu Dhabi-based cryptocurrency investor has shared his story of having taken out a six-figure loan to finance virtual currency investments only to watch his portfolio lose 85 percent of its value. The investor has shared his story in the hope that it can serve as a lesson to others. Also Read:High-Profile Thai Crypto Case: […]
The post Trader Gets Six-Figure Loan to Buy Crypto, Holdings Drop by 85% appeared first on Bitcoin News.
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A growing number of governments and central banks around the world are looking to the possibility of issuing their own digital coins these days. The latest financial institution to join this trend is the Caribbean central bank of Curaçao and Sint Maarten. Also Read: Crypto Cafe and Coworking Space ‘Hash House’ Established in Xi’an, China […]
The post Caribbean Central Bank Explores Issuing Its Own Digital Coin appeared first on Bitcoin News.
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There’s blood in the streets, the water and everywhere else you may care to look today as the cryptocurrency market plunges below $200 billion with a vengeance. We’ve got the reaction from across the web in today’s Bitcoin in Brief, as well as the latest developments from the realm of stablecoins, which have been an […]
The post The Daily: Altcoin Panic, Stablecoin Takeover appeared first on Bitcoin News.
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