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Posts by ccwadmin

‘Democratic for All’: New Crypto Exchange Will Be ‘100 Percent Owned By Users’

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A hybrid community-owned digital asset exchange is hoping to simplify trades and investments while driving down the cost of transactions. DAREX’s hybrid model enables users to trade utilities and securities – and the revenue generated from these transactions is subsequently shared with token holders. In time, the exchange hopes to become a “truly beneficial and…

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Four More ICOs Hit with Cease-and-Desists by Colorado Securities Regulator – CoinDesk

Four More ICOs Hit with Cease-and-Desists by Colorado Securities Regulator - CoinDesk

The Colorado Division of Securities has issued another batch of cease-and-desist orders against allegedly fraudulent initial coin offerings (ICOs). The watchdog announced on Tuesday that the U.S. state’s securities commissioner, Gerald Rome, has signed four new orders against Global Pay Net, Cred LLC (doing business as Credits), CrowdShare Mining and CyberSmart Coin Invest. The companies…

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Japanese Banking Giant, Others Donate $800K for Blockchain Course at University of Tokyo

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The University of Tokyo will launch a blockchain course following a donation of nearly  $800,000 from several companies, including Japanese banking giant Sumitomo Mitsui (SMBC) and the Ethereum Foundation, Cointelegraph Japan reports Nov. 21. In a Nov. 20 press release, SMBC lists five more contributors, apart from itself and the Ethereum Foundation, who contributed to…

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$5K Bounce? Bitcoin Price May Have Hit Bottom For Now – CoinDesk

$5K Bounce? Bitcoin Price May Have Hit Bottom For Now - CoinDesk

Bitcoin (BTC) could be in for a stronger recovery rally in the next few days, having found a temporary bottom near $4,000. The leading cryptocurrency, which hit a 14-month low of $4,048 on Bitstamp yesterday, is now trading at $4,580, representing a 2 percent gain on a 24-hour basis. The $500 recovery seen yesterday indicates…

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Liquidity Provider Sues Crypto Exchange for $13.7 Mln in Singapore’s First BTC Court Case

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Crypto exchange Quoine and major liquidity provider B2C2 are the opposing parties in Singapore’s first court case involving Bitcoin (BTC), which began Nov. 21, Singapore-based English-language daily The Straits Times reports. The case concerns an alleged reversal of crypto transactions in the spring of 2017. In a legal battle at the Singapore International Commercial Court,…

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SWIFT India Partners With Fintech Firm for Blockchain Pilot

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SWIFT India has partnered with fintech firm MonetaGo to pilot a distributed ledger (DLT) network designed to improve the efficiency and security of financial products, according to a press release published Nov. 20. SWIFT India is a joint venture established by SWIFT SCRL (Society for Worldwide Interbank Financial Telecommunication) and a number of major Indian…

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Indian Government Expects to Finalize Crypto Bill Next Month – Bitcoin News

Indian Government Expects to Finalize Crypto Bill Next Month

Regulation The Indian government has reportedly filed an affidavit with the country’s supreme court detailing its progress on cryptocurrency regulations. “Serious efforts are going on” to prepare the draft crypto bill and report, the government explained. The two are expected to be discussed by the inter-ministerial committee by next month. Also read: Yahoo! Japan Confirms Entrance…

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Italian Securities Watchdog Orders Unauthorized Crypto Companies to Cease and Desist

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The Commissione Nazionale per le Società e la Borsa (CONSOB) has ordered three crypto-related companies providing unauthorized investment services to cease and desist, an official release states Monday, Nov. 19. The first company, a trading platform called Richmond Investing, has purportedly violated the Consolidated Law on Finance (TUF) — a fundamental law governing Italian financial…

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Cybersecurity Firm Detects Cryptojacking Malware on Make-A-Wish Foundation Website

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Hackers have infected the website of global non-profit organization the Make-A-Wish Foundation with cryptojacking malware, according to a report by cybersecurity firm Trustwave posted Nov. 19. According to Trustwave researchers, crypto jackers managed to incorporate a JavaScript (JS) miner CoinImp into the domain worldwish.org in order to illicitly mine privacy-focused cryptocurrency Monero (XMR). Similarly to…

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