Bitcoin Risks Deeper Pullback After Drop Below $9K

Bitcoin Risks Deeper Pullback After Drop Below $9K After an overnight drop, bitcoin looks to have found acceptance below $9,000 and risks a deeper pullback, the technical charts indicate. The cryptocurrency hit a one-week low of $8,652 on Bitfinex earlier today and is now trading at $8,700. The 10-percent decline from the weekly high of…

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Coincheck Owner Monex Plans Proprietary Blockchain, ICO

Coincheck Owner Monex Plans Proprietary Blockchain, ICO Monex Group, the Japan-based online brokerage firm that recently acquired cryptocurrency exchange Coincheck, said it is eyeing the development of its own blockchain platform, with an initial coin offering to follow. In its latest financial filing dated April 26, the firm, which also has U.S. and Asia-Pacific divisions, said its…

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Crypto Exchange Gemini to Monitor Trading Using Nasdaq Tech

Crypto Exchange Gemini to Monitor Trading Using Nasdaq Tech Cryptocurrency exchange Gemini announced Wednesday that it is partnering with Nasdaq to monitor trading activities on its platform. Gemini will use Nasdaq’s SMARTS Market Surveillance offering to automatically detect any possible price manipulation or other illicit activities, according to a Wednesday’s announcement. Nasdaq currently uses this…

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Spanish BBVA Becomes First Global Bank To Issue Loan Using Blockchain

Spanish BBVA Becomes First Global Bank To Issue Loan Using Blockchain Banco Bilbao Vizcaya Argentaria (BBVA) became the first global bank to issue a loan using Blockchain technology, FT reports April 25. The Spanish multinational bank said it conducted the entire loan process, from the negotiation of terms to the signing, on a mutually distributed…

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Digital Currency Group Adds Zcash Offshoot ZenCash to Crypto Investment List

Digital Currency Group Adds Zcash Offshoot ZenCash to Crypto Investment List Digital Currency Group has added ZenCash, a little-known, privacy-focused coin, to its “conviction list” of cryptocurrencies. The other coins on the list are bitcoin, ethereum classic, zcash and Decentraland. Speaking at the Stocktoberfest East conference in New York City, Digital Currency Group founder and…

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German VPE Bank Expands Services To Cryptocurrency Trading

German VPE Bank Expands Services To Cryptocurrency Trading VPE WertpapierhandelsBank AG (VPE), a German securities trading bank, has partnered with Berlin-based technology company solarisBank to launch a cryptocurrency trading service for institutional investors, according to a VPE press release April 25. VPE is regulated by the Federal Financial Supervisory Authority (BaFin) and is purportedly the…

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Cisco Claims New Patent Could Apply to Bitcoin Mining

Cisco Claims New Patent Could Apply to Bitcoin Mining Network tech giant Cisco won a patent on Tuesday that could be applied to the bitcoin mining process. Cisco submitted a patent application back in September 2015 for a “Crowd-sourced cloud computing” system, according to information from the U.S. Patent and Trademark Office (USPTO). The patent…

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Multiple Exchanges Suspend ERC20 Token Trading Due To Potential BatchOverflow Bug

Multiple Exchanges Suspend ERC20 Token Trading Due To Potential BatchOverflow Bug Crypto exchange Poloniex has suspended all ERC-20 (Ethereum-based) token deposits and withdrawals, and HitBTC has initiated an internal inspection that takes deposits and transfers offline, following OKEX’s decision to halt ERC20 deposits earlier today after the discovery of a potential new smart contract bug…

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