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On March 10 a cryptocurrency trader and researcher published a report on how he believes $3 billion worth of cryptocurrency trade volumes, primarily from a couple of exchanges, are concocted. The author of the study, Sylvain Ribes, alleges that the exchange Okcoin has been fabricating up to 93 percent of its trade volumes. Also read: Thailand … Read more
This week the People’s Bank of China (PBOC) governor, Zhou Xiaochuan, spoke about both public and privately issued cryptocurrencies. Zhou details that the central bank dislikes “speculative cryptocurrency products” and the bank does not officially recognize digital currencies like bitcoin. Further Zhou explains the bank is monitoring projects like bitcoin and initial coin offerings (ICO), … Read more
Binance allotts bounty for the legal arrest of the hacker’s responsible for the security breach on March 7. #NEWS Go to Source Powered by WPeMatico
Leading manufacturer of crypto mining equipment Bitmain has opened a service center in Russia. Miners in the country will be able to repair their ASIC rigs locally, saving both time and money. Previously, they had to send faulty equipment back to China, dealing with customs formalities and paying costly shipping. Also read: Ant Creek: … Read more
Finnish crypto exchange Prasos Oy risks collapse as banks refuse to work with crypto-related platforms. #NEWS Go to Source Powered by WPeMatico
Emotiq is a powerful, next-generation blockchain with strong consistency, massive scalability, fast throughput, confidential transactions, and a natural smart contract language. Conceived by a team of veteran developers, and committed to overcoming the unresolved challenges of the blockchain, it launched with a private Token Generation Event (TGE) on March 2nd. The post PR: Introducing Emotiq … Read more
With Bitcoin’s decline in price since February, people have stopped Googling “Bitcoin”. #NEWS Go to Source Powered by WPeMatico
As the Lightning Network comes closer and closer to fruition, cryptocurrency enthusiasts are anticipating a network for payments that is far more fast and affordable than what is currently seen. While there is still work to be done before Bitcoin sees such an implementation, it’s important to recognize that other projects are also working on … Read more
Finnish bitcoin services provider, Prasos, has lost all but one of its banking partners. Prasos’ chief executive officer recently revealed that four Finnish banks have terminated services with the company, leaving Prasos reliant on a single bank. Also Read: Belgium Warns of 19 Cryptocurrency Trading Platforms Showing Signs of Fraud Finnish Banks Terminate Services With Prasos … Read more
The Thai Deputy Prime Minister has mandated that the law on cryptocurrencies and initial coin offerings be finalized within a month. The regulators have met and agreed that there is no need to invoke the country’s controversial Section 44 law but to introduce a “special law” for them instead. Also read: Japan’s DMM Bitcoin Exchange Opens … Read more
