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Maduro Opens Crypto Casino in Venezuela

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Venezuela’s President Nicolas Maduro has authorized the opening of a casino at a luxury hotel in Caracas where bets must be placed in petros, the country’s national oil-backed digital currency. Several cryptocurrencies and fiat currencies can be exchanged into petros to wager in the casino. The proceeds are expected to be used for healthcare and … Read more

Consumer Affairs Report Shows 70% Spike in Japanese Crypto Inquiries

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Japan’s Consumer Affairs Agency (CAA) has released its 2019 report and noted a significant spike in inquiries concerning cryptocurrency related issues last year. The report details a 70% increase in 2018 in regard to consumer queries largely stemming from exchange issues. Moreover, over the last two quarters of 2019, the Japanese yen paired with various … Read more

A Short History of Major Fiat Currency Collapses and What Triggered Them

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Earlier this year we witnessed a mini flash crash that hit the fiat currency markets. It took approximately seven minutes for the Australian dollar to plummet against the Japanese yen, which surged to levels that it had last held almost a decade ago. Like a number of fiat currencies, bitcoin is going through its own … Read more

Markets Update: Cryptocurrency Bulls Continue to Charge

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Over the past few days, cryptocurrency markets have been showing bullish gains after a few small retractions during the weekend. At the moment the entire digital asset economy is valued at $285Bn while $14.3Bn worth of trades were swapped over the past 24-hours. Today on July 23 bitcoin core (BTC) markets are holding an average … Read more

Markets Update: Cryptocurrency Prices at the Crossroads

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Cryptocurrency prices have once again dipped some more as most digital assets are seeing 24-hour losses of around 2-10 percent today. Bitcoin Core (BTC) markets have dipped below the $6K region to a low of $5,774 per coin but have since rebounded a hair to $5,907. Bitcoin Cash (BCH) markets dropped to a low of … Read more

Japanese Crypto Center Launches Investment Course for Seniors

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In Japan, seniors and middle-aged adults are increasingly interested in investing in cryptocurrencies. The Japanese Cryptocurrency Support Center has launched an intensive course for seniors to help them learn and invest in cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Intensive Crypto Course for Seniors Japan’s Cryptocurrency Support Center has launched an intensive … Read more

Japan Banking Giant Mitsubishi Goes Crypto With Own Coin

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Mitsubishi UFJ Financial Group, Inc, one of the top five banks in the world, announced its intention of testing a proprietary cryptocurrency by 2019. The idea is to roll out its coin initially to a relative handful of customers, hoping they’ll participate in finding inevitable bugs as they make typical retail purchases. For Japan, it’s … Read more

Markets Update: BCH Prices See Uncorrelated Movement Gain 13%

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Cryptocurrency markets are seeing some gains today as most digital assets are up over the past 24-hours between 3-15 percent. Bitcoin Cash (BCH) values spiked considerably during the day’s trading sessions on May 5 touching a high of $1,740 per BCH. At the time of publication, the price of BCH is hovering around $1,720 per … Read more

Japan Gathers 500 Agents to Fight Cybercrime and Crypto Theft

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Japan has decided to set up a new agency to better address cybercrime. The Tokyo-based center gathers 500 analysts and investigators who will also combat cryptocurrency theft. Over 3 million attempts to steal digital information have been registered last year. Hackers have stolen funds worth over 17 billion Japanese yen.   Also read: Hackers Target … Read more