The Indian government released the list of bills they plan on presenting in the parliament’s winter session, and to the surprise of the Indian cryptocurrency ecosystem, the bill to ban virtual currencies was not on the list. While this is good news for the domestic industry in the short term, it is unknown if they
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Konstantin Ignatov, brother of the missing Cryptoqueen founder of OneCoin, pleads guilty to actions related to the known scam and now faces 90 years in prison. According to a BBC report on November 14, Ignatov will not risk further charges and could apply to the US witness protection. Cryptoqueen’s Brother Cooperates Konstantin Ignatov has admitted
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Coinbase has announced support for XRP, XLM, BAT, REP, and ZRX for their crypto enabled debit card, while also adding regional support in 10 countries including Denmark and Sweden. Focusing on retail adoption has been at the top of Coinbase’s agenda, and their moves to enable crypto payments across the world have not gone unnoticed,
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PayPal has ceased offering its payment services to models of the adult entertainment site, Pornhub. With PayPal dropping the pornographic streaming site, major stakeholders and other members of the cryptocurrency community believe that it is a good opportunity for the nascent industry to gain more adoption. Crypto to the Rescue According to a blog post
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Huobi Chain, the blockchain created by the eponymous company, just went open source. The project, in collaboration with Nervos, will enable companies to launch their own blockchain network, tokenize assets or create decentralized financial services (DeFi). The news comes directly from a press release published by PRNewswire, November 12. Opening Up In July 2019, Huobi
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VeChain, a Singapore-based blockchain project was directly mentioned in China’s major newspaper, People’s Daily, a move that could fuel the adoption of the platform in China, as the country has now renewed its interest in distributed ledger technology and crypto, following President Xi Jinping’s recent bullish statement on distributed ledger technology (DLT). VeChain Gaining Traction
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BSES, New Delhi’s major electricity distribution company has integrated Power Ledger’s (POW) distributed ledger technology (DLT) solution into its processes to allow residents to trade their excess solar energy in a frictionless way, reports Energyworld on November 14, 2019. P2P Energy Trading on the Blockchain In a bid to make it possible for residents of
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These days, it is not going well for the success-spoiled Karatbars Group around the bustling boss Harald Seiz. The Federal Financial Supervisory Authority (BaFin) has prohibited the KaratBit Foundation from issuing KaratGoldCoins (KBC) in Germany. Hardly any less renowned, the German financial magazine “Handelsblatt” reported about these and other allegations. It also immediately painted a
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Crypto.com, a Hong Kong-based cryptocurrency service provider that offers users lending services, crypto payments through Visa debit card services and more, has announced the launch of its cryptocurrency exchange. The firm says the new crypto trading venue will be initially available to only its retail and institutional customers via its mobile app, trading API and
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Coinbase recently published an article regarding security for Proof of Work (PoW) blockchains. While discussing the topic of ASIC resistance, Coinbase criticized such an approach, highlighting Monero’s need to hard fork every 6 months a significant burden that may not be worth it just to block out ASIC miners. Monero Outreach vindicated the community’s decision
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