Dash CEO: Financial Institutions Must Move Cautiously Despite Crypto Potential

The CEO of Dash Core Group has said that despite the potential of cryptocurrencies, larger financial institutions must move cautiously. Moving with the Times, but Caution is Still Needed For years, the crypto industry has continually worked at attracting institutional investors to the market. It hasn’t been easy though. A lack of trusted custodians, in

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Hacked Accounts on Crypto Exchanges Rose 369% in 2017, Research Finds

New research has found that crypto hacks are increasing, with a majority of criminal activity originating from the U.S., according to International cybersecurity firm Group-IB. Poor Security Measures According to Group-IB, hacked accounts rose 369 per cent in 2017 compared to the previous year, with 720 usernames and passwords stolen across 19 of the top exchanges,

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This Berlin Startup is Disrupting Traditional VC Funding Through Tokenised Equity

Traditional venture capital (VC) funding is often plagued with long and complicated processes, making it difficult for company founders to connect with investors. For one company, that is creating the world’s first decentralised stock exchange in conjunction with Binance and the Malta Stock Exchange, it doesn’t have to be that way. “Opening Creativity for Good”

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Muddied and Fairly Opaque Crypto Industry Needs Oversight, Says US Lawmaker

A member of the U.S. House Financial Services Committee wants lawmakers to focus more attention on initial coin offerings (ICOs) and the trading of crypto assets, calling the market “muddied and fairly opaque.” Regulators Need to Ensure Crypto Investors Are Protected Representative Bill Huizenga, a Michigan Republican, is reported to have voiced his concerns yesterday. According

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European Banks Complete Real-Time Trades on We.Trade Blockchain, Industry Responds

A group of nine European banks have revealed that they have completed multiple real-time commercial trades via the blockchain technology. Opens Up New Trading Opportunities According to We.Trade, seven trade transactions have been completed by 10 companies across five countries. The transactions were completed on the We.Trade blockchain platform through four banks. Built on the

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This Is How Coinbase’s CEO Aims to End Poverty with GiveCrypto Charity

The CEO of a San Francisco-based cryptocurrency exchange is launching a charity to help people in poverty, and is aiming to raise $1 billion in the next two years. Using Crypto to Raise Funds GiveCrypto is a new nonprofit charity that distributes cryptocurrency to people in poverty. Launched today and founded by Brian Armstrong, CEO

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Cryptocurrency is Helping Fuel Lithuania’s Economy, Bankers Fear Financial Disruption

Cryptocurrency is helping to fuel Lithuania’s economy, but European central bankers have argued that it will aid illegal activity while disrupting traditional finance. Open Arms Approach The cryptocurrency market has had a tough first six months of the year. At the beginning of January, it was worth over $830 billion. At the time of publishing, it’s

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Bitcoin Drops to Within 2018 Low Close to $6,000

Bitcoin fell to within touching distance of the $6,000 mark on Friday, a figure not seen since February, following improvement orders from Japan’s Financial Services Agency (FSA) to six of the country’s crypto exchanges. Bitcoin Continues to Fall The number one digital currency is seeing its value being chipped away as the integrity of the

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Here’s How Bitcoin is the Least Volatile Crypto Asset

Bitcoin is less volatile than its cryptocurrency cousins, according to research that looked at five crypto assets from 2013. Bitcoin Trumps the Rest In February, the American Institute for Economic Research (AIER) compared the volatility of Bitcoin to traditional fiat currencies. It found that the average daily price change of Bitcoin with the U.S. dollar exchange

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