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Ethereum Classic, the only top 20 coin in green in a month, is now seen correcting its monthly gains ahead of the hard fork this week, which "is going smoothly" and a chain split is unlikely. Though the price of this coin has been rising in the past month, reaching...
Social media giant Facebook seems unlikely to include the Chinese yuan in the basket of fiat currencies that will underpin its forthcoming Libra token. The company outlined its stance in a written response to “concerns” voiced by American Senator Mark Warner, who believes China may “push” the Libra Association to...
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Cryptocurrency News The Venezuelan government has announced it will release a currency convertor app for Android smartphones. Sunacrip, the government’s cryptocurrency supervisory body, says the app, named...
1irstcoin LLC , a licensed financial services company, operates one of the world's fastest, safest and most innovative trading venues for cryptocurrencies and related financial instruments commences its second IEO on P2P to increase amounts of holders for 1irstcoin token which in return comes with a bonus of about...
Elwood Asset Management, owned by billionaire investor Alan Howard, is building a new crypto investment platform for institutional investors, The Financial Times reported, citing CEO Bin Ren. He sees this as a "very big growth opportunity" and hopes that the platform could eventually manage over USD 1bn of assets, the...
Japan’s regulatory Financial Services Agency (FSA) looks set to beef up its policing of the country’s cryptocurrency exchanges. Per a report from Japanese media outlet Crypto Watch, the FSA wants to revise more laws and bolster cooperation with overseas authorities. Exchanges will be cheered by the fact that the FSA has...
Major cryptocurrency exchange Binance just took another step in expanding their services as they're entering the crypto lending business. Binance said it will launch their new Lending Platform August 29 6:00 AM (UTC). In the first phase of the Lending launch, 14-day fixed term BNB (annualized interest rate of 15%), USDT...
South Korea’s biggest exchanges are looking to slim down their listings – with a slew of delistings possibly on the cards at the country’s “big four” platforms. Per a report from Fn News, Upbit is set to delist the Sphere (SPHR), Edgeless (EDG) and Guppy (GUP) cryptocurrencies, and will likely...
The pressures of doing business in an increasingly competitive arena have taken their toll on Asian cryptocurrency exchanges – with a first-generation Japanese operator leaving the market and a major South Korean exchange closing down an overseas venture, while a smaller local player has also decided to leave this...
Stablecoins may be about to see more widespread use in traditional business as “several big suppliers” of the low-cost carrier and one of the biggest airlines in Europe, Norwegian, are reportedly positive about this alternative transaction method. As reported, Norwegian is launching its own cryptocurrency exchange, the Norwegian Block Exchange...