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Category: Crypto News

Nikhil reveals an expensive campaign against cryptocurrency

Nikhil reveals an expensive campaign against cryptocurrency

July 16, 2021 Published by

The Financial Conduct Authority of the UK, in a bid to caution citizens against the perils that could be encountered in the crypto market, has initiated an online marketing campaign of £11,000,000, which is about $15200000. This was disclosed by the Chief Executive Officer, Nikhil Rathi, in a draft speech for the FCA's online seminar... Read more


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Kenya’s VIP Suggests Blockchain for Voting

Kenya’s VIP Suggests Blockchain for Voting

July 15, 2021 Published by

Someone in Kenya who hopes to be elected for an important position has suggested the use of blockchain voting in the next presidential election.   Justus Abonyo was once the leader of the Social Democratic Party in Kenya. Presently, he wants to be elected to handle the electoral process that will produce the next Kenyan... Read more


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Cambridge Reveals that China’s Mining Rate Reduced Several Months Before the Ban

Cambridge Reveals that China’s Mining Rate Reduced Several Months Before the Ban

July 15, 2021 Published by

According to Cambridge, China’s hashrate for Bitcoin reduced by 40% before the news to suspend all mining operations but it rose 4× in the U.S.   Many people believe that the reason why miners left China for the western countries to continue their mining activities is because the Chinese government placed a ban on it.... Read more


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Italian Regulatory Body Says “No” to Binance

Italian Regulatory Body Says “No” to Binance

July 15, 2021 (updated July 15, 2021) Published by

According to the Italian Companies and Exchange Commission (CONSOB), Binance has no government backing to operate within the country.   The Italian regulatory body has said that Binance Group and any firm that comes from it are not authorized to do business in the country nor to accept deposits for profit making purposes from residents.... Read more


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SEC Says Coinschedule must pay $200K as Fine

SEC Says Coinschedule must pay $200K as Fine

July 15, 2021 Published by

The SEC says Coinschedule didn’t follow the rules stipulated by the U.S. securities law.   The U.S. SEC has brought Coinschedule.com to book for allegedly going against securities laws when reviewing ICO sites.   However, two people who work with the SEC are not entirely happy with the development as it reveals the weakness of... Read more


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Barkley, an NFL Star, Says Saving Endorsements in BTC is Necessary to Create a Legacy

Barkley, an NFL Star, Says Saving Endorsements in BTC is Necessary to Create a Legacy

July 15, 2021 Published by

Saquon Barkley is changing 100% of his endorsements to Bitcoin. He said his first decision to use Bitcoin came after he learnt about inflation. A member of the National Football League (NFL) has announced his interest in changing every endorsement he gets into BTC. Barkley is well known in the sports. He won an award... Read more


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Skrill Adds more to Its Crypto Services

Skrill Adds more to Its Crypto Services

July 14, 2021 Published by

People using Skrill outside the U.S. can now transact with 35 cryptocurrencies, which now show in their wallets. This is happening months after those in the U.S. benefited from the same update. The news was made known by Paysafe, the firm from which Skrill was formed. Before now, persons outside the U.S. only had 20... Read more


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Larry laments over fewer cryptocurrency-related inquiries from traders

Larry laments over fewer cryptocurrency-related inquiries from traders

July 14, 2021 Published by

In recent times, BlackRock — an authorized firm which is indirectly exposed to BTC — has witnessed a huge reduction in crypto demand from traders. Earlier today, on CNBC's Squawk Box, the Chief Executive Officer of the firm disclosed that the firm has been witnessing fewer inquiries concerning crypto from traders, which reflects a tremendous... Read more


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Bit Mining Raises $50M to Expand out of China

Bit Mining Raises $50M to Expand out of China

July 14, 2021 Published by

Bit Mining wants to leave the Chinese market as a result of the country’s decision to stop all bitcoin mining farms.   Bit Mining, which operated mainly from Shenzhen, looks forward to getting $50 million so that it can leave the Chinese market.   The plan was revealed on July 12. For this course, Bit... Read more


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Thales Realizes $2.5M to Begin Binary Options Platform on Synthetix

Thales Realizes $2.5M to Begin Binary Options Platform on Synthetix

July 14, 2021 Published by

Synthetix is about to launch Binary options and sports betting on its platform.   Funds amounting to $2.5 million has just been raised to enable Synthetix add binary options type of trading to its plethora of products.   In Binary options, traders think of a likely outcome in price out of two options. This is... Read more


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