The Bank of Tanzania is reportedly working to overturn its ban on crypto amid favorable cryptocurrency comments made by the country’s president. According to Reuters, Tanzania’s central bank has begun working on directives from the country’s federal government that could see a reversal of its November 2019 crypto ban. As previously reported by Cointelegraph, president …
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Palestinian Monetary Authority (PMA) Governor Feras Milhem has revealed that the proto-central bank — which does not issue a domestic currency and operates under highly restrictive political and economic conditions — is exploring the idea of issuing a Palestinian digital currency. Raja Khalidi, director of the Palestine Economic Policy Research Institute, told Bloomberg that “the …
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Coinbase is bringing new crypto assets to its users at a rapid rate. The leading US exchange says it’s now supporting the crypto assets BarnBridge (BOND), Livepeer (LPT) and Quant (QNT) on Coinbase Pro. ADVERTISEMENT Trading on BOND-USD, LPT-USD and QNT-USD order books will launch in three phases: post-only, limit-only and full trading. Coinbase says …
Crypto trading platform Binance may once again be heading for a standoff with financial regulators in Japan. On Friday, the Financial Services Agency (FSA) issued a warning to Binance, accusing the company of offering crypto exchange services in the country without registration. The agency also served a similar warning to crypto derivatives trading platform Bybit back …
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The skills shortage among crypto’s specialized workforce is causing significant competition among businesses to secure the right talent for their organizations. According to Bloomberg, crypto firms are finding it somewhat difficult to find the right candidates to fill job openings as these firms look to expand their operations across the globe. The competition for skilled …
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Colombia’s capital of Bogotá is funding blockchain development as part of the city’s broader investment in innovative technologies. According to a Monday announcement on the city of Bogotá’s official website, the municipal government will provide 8.8 billion Colombian pesos ($2.3 million) to local companies as part of four new programs in the city’s Innovation, Technology …
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Ripple blockchain’s native token, XRP, could make a full bearish price swing against Bitcoin (BTC), per a classic technical indicator. Dubbed as Head and Shoulders (H&S), the pattern develops when an asset forms three peaks atop a common baseline. The outside peaks, known as Shoulders, are close in height, while the middle one, called the Head, …
Billionaire investor and business tycoon Mark Cuban’s Ethereum wallet is becoming increasingly inundated with altcoin allocations. According to on-chain data, the Shark Tank star’s Ethereum wallet currently holds 115 altcoins, ranging from heavyweight frontrunners to relative unknowns. ADVERTISEMENT The wallet’s holdings don’t confirm that he’s invested in all 115 projects, however, as many of …
Los Angeles-based rapper The Game, also known as Jayceon Taylor, is facing a $12 million judgment for his role in Paragon Coin Inc — a crypto firm alleged to have engaged in an unregistered initial coin offering (ICO) four years ago. Taylor publicly endorsed the Paragon Coin ICO on social media back in 2017. Paragon …
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The president of El Salvador has announced the government will airdrop $30 worth of Bitcon (BTC) to every adult citizen of the country. The announcement was welcomed by Bitcoiners, with influencers speculating El Salvador’s government wil need to purchase the required BTC it intends to distribute adding more than $100 million in buying pressure on …
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Former federal prosecutor Katie Haun is co-founding a new crypto fund. The Silk Road prosecutor was first introduced to Bitcoin seven years ago after spending her career investigating prison gangs, corrupt officials, and the mafia for the U.S. Department of Justice. ADVERTISEMENT She went on to create the government’s first cryptocurrency task force and …
Ethereum’s forthcoming London upgrade, containing the highly-anticipated Ethereum Improvement Proposal (EIP) 1559, has been deployed on the Ropsten testnet. Following the June 24 launch on Ropsten, London is now expected to progress through Ethereum’s Goerli, Rinkeby, and Kovan testnets at roughly weekly intervals — from which point the Ethereum community expects a date for mainnet …
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Pioneering digital artist Mike Winkelmann— better known as Beeple — has helped launch We.new, a platform selling iconic moments in sports, politics, art, and fashion as non-fungible tokens (NFTs). The platform is backed by industry giants from the world of journalism, sport, and music including TIME, Universal Music Group, Warner Music Group, Wasserman, and Endeavor. …
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Senior traders from Galaxy Digital and Alameda Research are predicting the crypto market is set to recover once the recent wave of bad news stories subside. Markets have been in a downturn since mid-May, with Bitcoin (BTC) fluctuating between the low to mid $30K range. Speaking with streaming financial news provider Kitco News on June …
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U.S. company Athena intends to supply El Salvador’s new crypto-based economy with 1500 Bitcoin ATMs, a company representative has confirmed. The rollout will start small, trialing a few dozen machines to establish a business model. The Chicago headquartered firm plans to invest more than $1 million to install cryptocurrency ATMs, targeting regions where residents receive …
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