EU Regulator: DLT In Trade Finance Still Faces Legal Uncertainty

An EU banking regulator has published a new report exploring the benefits and risks associated with the use of distributed ledger technology (DLT) in finance. In a report published on Tuesday that discusses the rising trend of financial technology, the European Banking Authority (EBA) highlighted two banking-related use cases of blockchain: cross-border trade finance and… Continue reading EU Regulator: DLT In Trade Finance Still Faces Legal Uncertainty

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For Litecoin’s Price, This Week’s Close Could Be Pivotal

Litecoin’s close this week will likely set the tone for the next major move in prices, the technical studies indicate. The cryptocurrency saw moves both ways last week – prices hit lows and highs of $72.58 and $84.24, respectively – before closing on Sunday on a flat note at $80, signaling indecision in the marketplace.… Continue reading For Litecoin’s Price, This Week’s Close Could Be Pivotal

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Managers at Payments Giant Qiwi Unveil Crypto Investment Bank

Managers of Qiwi, one of the largest e-payment providers in Russia, are launching a crypto investment bank, called HASH, to advise investors and help Russian companies tokenize their assets once the appropriate regulation in Russia is in place. The team announced it was launching a new enterprise based on its fintech subsidiary Qiwi Blockchain Technology,… Continue reading Managers at Payments Giant Qiwi Unveil Crypto Investment Bank

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Tether Code ‘Flaw’ Was Actually an Exchange Integration Error

Reports that the code for Tether’s dollar-pegged cryptocurrency USDT may contain an error that can be exploited to allow double spending appear to be false. According the latest statements from both blockchain security firm Slow Mist and Tether, the issue is actually down to an exchange integration flaw. On Thursday, Slow Mist claimed in a WeChat post… Continue reading Tether Code ‘Flaw’ Was Actually an Exchange Integration Error

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Zeroing In: Zcash Sets 2-Year Course for Better Crypto Privacy

Nearly two years after launch, Zcash is entering what could be a crucial period of iteration. Speaking at Zcon0, zcash’s first ever conference in Montreal, Tuesday, project founder and the CEO of the Zcash Company Zooko Wilcox discussed the company’s informal roadmap for the next two-year period. Presented mere hours after the first mandatory upgrade of… Continue reading Zeroing In: Zcash Sets 2-Year Course for Better Crypto Privacy

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PBoC Filings Reveal Big Picture for Planned Digital Currency

The Digital Currency Research Lab at the People’s Bank of China has filed more than 40 patent applications so far – all as part of an aim to create a digital currency combining the core features of cryptocurrency and the existing monetary system. Data from China’s State Intellectual Property Office (SIPO) revealed two new patent… Continue reading PBoC Filings Reveal Big Picture for Planned Digital Currency

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AlipayHK Opens Blockchain Remittance Corridor to the Philippines

Ant Financial, the payment affiliate of Chinese e-commerce giant Alibaba, has launched a blockchain-based cross-border settlement service for consumers. According to a local news report, Ant Financial announced the blockchain remittance service at a press conference in Hong Kong on Monday, saying it will initially be rolled out for consumers sending funds between Hong Kong… Continue reading AlipayHK Opens Blockchain Remittance Corridor to the Philippines

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Crypto Tourism Is Growing – For Better or Worse

Cryptonation. Blockchain Cruise. CryptoCribs. These are just several of the names of tourism programs focused on the blockchain industry, from luxury cruises to Middle East startup tours, that are part of a growing trend targeting crypto-curious travelers. The Blockchain Cruises, organized by the tourism arm of Edinburgh, Scotland-based crypto wallet provider CoinsBank, have garnered a… Continue reading Crypto Tourism Is Growing – For Better or Worse

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Crypto Trading 101: A Beginner’s Guide to Candlesticks

That kid you know who’s now driving a Lambo because he traded something called dogecoin? He has more in common with Japanese rice traders from the 1700s than you might think. Besides the ability to brag about their newfound riches, both traders likely analyzed price action and investor emotions by using the candlestick charting style.… Continue reading Crypto Trading 101: A Beginner’s Guide to Candlesticks

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