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Posts published in “Altcoins”

CEO of Sberbank: Crypto and Blockchain Will Change the World but Not Yet

The CEO of the Russian state-owned financial service provider Sberbank has stated that cryptocurrency and blockchain technology will fundamentally transform business and finance. That said, Herman Gref is looking at a time span of decades rather than months or years. Herman Gref with Refreshing Take on Cryptocurrency According to a report in local news, the...

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SEC Launches FinHub – A Fintech Portal to Help Blockchain Startups

SEC Finhub

US regulator the Securities and Exchange Commission (SEC) has launched its dedicated fintech “strategic hub,” commissioner Hester Peirce confirmed October 18. FinHub ‘Here For Fintech’ The platform, known as FinHub, brings together multiple aspects of US regulation with the aim of guiding the nascent financial technology industry as it grows. “Finally FinHub is here for FinTech,” Peirce wrote on Twitter in a move which was well-received by cryptocurrency users. Finally FinHub is here for FinTech

The post SEC Launches FinHub – A Fintech Portal to Help Blockchain Startups appeared first on Bitcoinist.com.

Novogratz Criticises Tether’s Lack of Transparency, Responds to Roubini

The famous Bitcoin proponent and billionaire investor Mike Novogratz has criticised the stable-coin U.S. Dollar Tether (USDT) for failing to provide a trustworthy service for users. The Galaxy Digital Holdings Ltd. founder also responded to Nouriel Roubini’s scathing attacks on cryptocurrency last week. Novogratz Prefers Gemini Dollar to USDT Novogratz stated in an interview that...

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Binance, Poloniex, Huobi All Own More Tether Than Bitfinex

Cryptocurrency exchange Bitfinex now controls a “very small amount” of stablecoin Tether (USDT), new data shows following a shake-up of ownership. Bitfinex Sixth-Largest USDT Holder Produced by Element Group and uploaded to Twitter by CNBC commentator Ran Neuner October 18, statistics depicting the biggest USDT holders reveal Bitfinex, which shares a CEO with Tether’s issuer, now only ranks sixth on the list. The Tether Treasury currently constitutes the entity with the single largest holdings, followed

The post Binance, Poloniex, Huobi All Own More Tether Than Bitfinex appeared first on Bitcoinist.com.

Huobi Unveils New ‘All-in-One’ Stablecoin for Stablecoins (Except Tether)

Cryptocurrency exchange Huobi announced today that it has launched its very own interchangeable stablecoin dubbed HUSD. “All-In-One Stablecoin” Huobi, which is currently the third largest cryptocurrency exchange by means of traded volume according to data from CoinMarketCap, announced the launch of its own stablecoin HUSD. Notes Livio Weng Vice President at Huobi: It’s our great pleasure to announce the launch of HUSD, an all-in-one stablecoin solution. A market first, HUSD lets you deposit or withdraw

The post Huobi Unveils New ‘All-in-One’ Stablecoin for Stablecoins (Except Tether) appeared first on Bitcoinist.com.

Cryptocurrency Market Update: FOMO Failing, Good News Not Helping Altcoins

FOMO Moments More declines as we approach the weekend; Bitcoin Cash, Iota and Tezos sliding. The lassitude continues as we end another week in crypto land. No momentum has come from anywhere despite several positive news developments for a number of crypto projects. Total market capitalization has dropped back below $210 billion as cryptos sink...

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Crypto Accepted as Payment for Elon Musk’s Flamethrower, No More ETH Giveaways

Elon Musk’s The Boring Company is now accepting payments of various cryptocurrencies to purchase its handheld flamethrower and accessories. Buy a Flamethrower with Bitcoin or Ethereum from Elon Musk The sub-heading above reads as crazy as one of Elon Musk’s tweets, but it’s entirely true. The product pages for Elon Musk’s The Boring Company have...

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Civil Refunds its ICO Investors in Token Sale Failure

The Civil Media Company’s ambitious plan to sell $8 million worth of its cryptocurrency token CVL, and fund a decentralized platform for new journalism, has failed for now. Many investors were skeptical of Civil’s vision, and they were proven right when Civil announced on Tuesday it will refund its investors. Civil’s hyped initial coin offering (ICO) failed to attract enough interest. Civil announced it will give refunds to all CVL token buyers by October 29th. What

The post Civil Refunds its ICO Investors in Token Sale Failure appeared first on Bitcoinist.com.

Could Celebrity-Issued Cryptocurrencies Become a New Trend?

World number two tennis professional, Caroline Wozniacki plans to issue her own digital token with celebrity blockchain platform Global Crypto Offering Exchange (GCOX). Fans of the Danish ace will eventually be able to trade the tokens for various exclusive perks. Celebrity Tokens: Next Big Thing or Blatant Attempt to Cash In? Tennis professional Wozniacki has...

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There’s Another $20K Bitcoin Bubble Coming, Says Vinny Lingham

lingham

Bubble-phobic Civic CEO, Vinny Lingham, has been sounding off about blockchain and cryptocurrency at an event in Johannesburg. His address covered mass adoption in the blockchain industry, and the likelihood of another bitcoin bubble. Still in its infancy Lingham cited lack of use cases and scaling issues as current barriers to mass adoption of cryptocurrency. Although the primary uses of cryptocurrency are money transfers and trading, he saw this broadening as the market matures. He

The post There’s Another $20K Bitcoin Bubble Coming, Says Vinny Lingham appeared first on Bitcoinist.com.

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