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Can BLOCKTV Transform Content Monetization Models with the BLTV Token?

BLOCKTV has come up with a new monetization solution. It’s created a token, called BLTV, which will soon be listed for trading on Bittrex.  “Content is king” and has been since Bill Gates first wrote those words in 1996. Nevertheless, online media publishing is a highly competitive space. News outlets all over the world struggled...
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Mastering Emotions and Managing Risk in Cryptocurrency Trading

When it comes to trading, there are several steps you can take in order to reduce your exposure to the market extremes of price volatility. A combination of both technical and fundamental analysis can be used to determine the true worth of a company or asset, securing a greater chance of success with a particular investment...
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WATCH: Tongtong Gong of Amberdata Talks About Gender In Crypto

October 12, 2019 37 Views [embedded content] Tongtong Gong, COO of crypto analytics firm Amberdata, shared what it feels like to be a woman in tech and why she chose to become a programmer. “I moved to the U.S. and when I moved I didn’t really speak English that well so when I was in college...
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Trade Finance Blockchain Marco Polo Pilots First Russia-Germany Transactions

Marco Polo, the trade finance blockchain with more than 20 global banks on board, is piloting its first trading arrangement between Germany and Russia. The pilot announced Friday involves Alfa-Bank and Novolipetsk Steel Company (NLMK) on the Russian side and Commerzbank plus metals engineering firm Vesuvius GmbH in Germany. Marco Polo, a joint undertaking between technology...
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The IRS Will Now Ask If You Own Crypto in the Most Widely Used US Tax Form

The Internal Revenue Service (IRS) has updated the main form individual U.S. taxpayers use to report their income to include a question about cryptocurrencies. Following the release earlier this week of the IRS’ long-awaited guidance for reporting crypto-related income, the IRS on Friday circulated a draft of the new Form 1040, Schedule 1, Additional Income and Adjustments...
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Draper-Backed Startup Launches .Crypto Domains on Ethereum

A startup building domains on blockchains has just launched a .crypto name registry on ethereum. Unstoppable Domains – a firm backed in May to the tune of $4 million by Draper Associates and Boost VC  – said Friday that the new .crypto extension can be connected to users’ public cryptocurrency address, allowing third-parties to more easily send funds....
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Why French Lender SocGen Issued a $110 Million Ethereum Bond to Itself

Six months after Societe Generale issued its first bond on a public blockchain, it has yet to offer the instrument to clients or to make use of the full capabilities of the smart contract mediating the sale.  But the French financial institution insists that it hasn’t forgotten about the €100 million (roughly $110 million) bond,...
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Binance Adds XRP-Pegged Token to Its Decentralized Exchange

October 11, 2019 18 Views Binance, the world’s top cryptocurrency exchange by volume, announced Thursday the issuance of the second cryptocurrency ever onto its affiliated decentralized exchange (DEX), Binance Chain. Listed as XRP-BF2, the XRP variant is pegged one-to-one to XRP on Binance’s main exchange for instant swapping without slippage, the exchange said. Binance minteds...
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Samsung Working With Ripple Partner, Finablr, on International Payments

Samsung Pay now has an international remittance feature, utilizing a platform owned by Finablr, a London-listed Ripple partner. Branded as Money Transfer, the service is currently available only in the United States – with the exception of Oklahoma – and will be rolled out to other countries next year. In an announcement dated Oct. 3,...
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Ripple Extends Banking Network With Finastra Partnership

October 10, 2019 41 Views Payment network Ripple announced Wednesday its collaboration with fintech frim Finastra. Using Ripple’s blockchain-based platform, Finastra users can now connect with the 200 partners on RippleNet, a global payments network utilizing the XRP cryptocurrency. RippleNet users also have access to Finastra’s banking partnerships, which settle millions in transactions per year, the...
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Crypto Exchange Bitstamp Taps BitGo for Custodial Services

October 10, 2019 44 Views BitGo has been tapped to provide custodial services for Europe’s largest exchange by trading volume. Announced Wednesday, Bitstamp will begin to transfer its assets under management to BitGo’s wallets on Oct. 10. Both firms declined to disclose the total amount and which types of assets will be managed. BitGo uses...
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SEC Rejects Bitwise’s Latest Bitcoin ETF Proposal

The U.S. Securities and Exchange Commission (SEC) has rejected the latest attempt at creating a bitcoin exchange-traded fund (ETF). The SEC announced Wednesday that the ETF proposal, filed by Bitwise Asset Management in conjunction with NYSE Arca, did not meet legal requirements to prevent market manipulation or other illicit activities. The SEC placed the burden on...
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Vanguard Developing Blockchain Platform for $6 Trillion Forex Market

Mutual fund giant Vanguard has partnered with Nasdaq Ventures-backed blockchain startup Symbiont to develop a trading platform for the $6 trillion currency market, the companies said. With the new platform, Vanguard, which manages $5.2 trillion, aims to lower transaction costs for the trillions of dollars worth of currencies it trades annually by boosting peer-to-peer trading...
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Swiss Central Bank to Explore Use of Digital Franc in Settling Trades

Switzerland’s central bank and the SIX stock exchange will study how financial traders can use a central bank digital currency (CBDC) to settle trades of tokenized assets. A statement from he exchange’s subsidiary, SIX Digital Exchange (SDX), on Wednesday indicated that the exchange has partnered with the Swiss National Bank and the Bank of International...
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New Libra Fork Will Create Permissionless Stablecoin Free of Corporate Control

Thirty different blockchain companies and nonprofit organizations plan to fork the Facebook-led Libra crypto project to build their own permissionless version, dubbed OpenLibra. Announced at the Ethereum developer conference Devcon by Lucas Geiger, co-founder of blockchain infrastructure startup Wireline, OpenLibra will function as a stablecoin pegged to the actual Libra cryptocurrency. Libra is currently scheduled...
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UNICEF Launches Cryptocurrency Fund to Back Open Source Technology

UNICEF, the United Nations Children’s Fund, has launched a crypto fund to receive, hold and distribute donations of bitcoin and ether in its aim to back open source technology for children around the world. UNICEF said in an announcement on Wednesday that in a first for United Nations organizations, the Cryptocurrency Fund will receive contributions...
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WATCH: Ethereum Enters a ‘Crossroads’ at the Ethereal Summit

[embedded content] On location in Tel Aviv at the Ethereal Summit, hosted September 15, CoinDesk’s Daniel Kuhn spoke with some of the major players in the ethereum space about where the second largest blockchain is heading. Billed as “the world’s computer,” ethereum has not lived up to its initial marketing campaign. ConsenSys and a crowd...
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Tiny $217 Options Trade on Bitcoin Blockchain Could Be Wall Street’s Death Knell

The cryptocurrency industry isn’t replacing Wall Street just yet. But inventors and entrepreneurs are working on it, with some initial success, albeit modest. In this case, an option premium of 0.0202 bitcoin ($217 at the time) paid via a smart contract may have just become the proof of concept. The latest target for blockchain disruption...
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The Silver Lining in Block.One’s SEC ‘Slap on the Wrist’

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. The only certain thing to say about the implications of any isolated Securities and Exchange Commission...
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Japan’s Nomura Invests in Line’s LVC to Develop Blockchain Financial Services

Japan’s oldest brokerage has formed a blockchain-focused partnership with the operator of the country’s most popular messenger. In an announcement dated Oct. 4, Nomura Holdings, the parent company of Nomura Securities, said it made an investment in LVC, a subsidiary of South Korean-controlled Line, following an agreement signed on Sept. 24. Terms were not disclosed....
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QuadrigaCX Founder’s Widow Will Cough Up $9 Million to Repay Users

Jennifer Robertson, the widow of QuadrigaCX founder Gerald Cotten, is transferring nearly $9 million ($12 million CAD) in assets to EY Canada, the bankruptcy trustee for the now-defunct crypto exchange. Robertson announced the move in a statement on Monday, saying since her husband’s death late last year, she had “made every effort” to assist in...
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Crypto Traders’ Lawsuit Claims Bitfinex, Tether Cost Market Over $1 Trillion

A new lawsuit claims crypto exchange Bitfinex and its sister company Tether manipulated the crypto market, harming traders and benefiting themselves. Bitfinex and a number of affiliated entities engaged in deceptive, anti-competitive and market manipulative practices, resulting in economic damages for the plaintiffs, according to a class action lawsuit filed Sunday in New York. Notably,...
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Sharia Goldbugs: How ISIS Created A Currency For World Domination

Rachel-Rose O’Leary is a reporter at CoinDesk covering how cryptocurrencies are used in areas of economic, social and political unrest. This article is part of her series from Rojava, Syria.  As Islamic State (ISIS) sought to dominate large parts of Syria and Iraq, it used a subtle weapon to go with the car bombs and suicide attacks: money. The self-declared...
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What It’s Like Being CIO of a Crypto Fund

Jeff Dorman, partner at crypto asset management firm Arca Funds, spent 18 years on Wall Street and in fintech before turning his focus to developing crypto asset strategies and products. This article originally appeared in ‘Institutional Crypto,’ a weekly CoinDesk newsletter focused on the institutional investors interested in crypto assets. The opinions expressed in this...
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Algo Capital Loses Crypto Funds After CTO’s Phone Is Hacked

Algo Capital, an investment firm focused  on the Algorand blockchain, lost a few million dollars in USDT and ALGO tokens after its chief technology officer’s phone was breached, CoinDesk has learned. According to a source familiar with the matter, Algo Capital reported to its limited partners Friday that Pablo Yabo, its CTO, had his mobile...
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WATCH: Dash CEO Looks Forward to Stability and Adoption

Dash, one of the top-20 cryptos by market cap, has picked up momentum over the past month with five new exchange listings. Coinbase, Coinbase Pro, and local exchanges in Mexico, Brazil and Switzerland have bucked the trend against delisting so-called privacy coins and added Dash to their listings. Dash Core Group CEO Ryan Taylor recently...
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Bitcoin Is 2019’s Best-Performing Asset, Even After Recent Price Downturn

The Takeaway Bitcoin prices have more than doubled in 2019, far outpacing the 31 percent return for U.S. tech stocks, which Goldman Sachs deems the best-performing asset class year-to-date. Outsize returns could attract interest from big investors in the yield-starved traditional financial markets. Executives at data firm Messari say bitcoin prices, currently around $8,200, could...
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PayPal Withdraws From Facebook-Led Libra Crypto Project

PayPal has withdrawn from the Libra Association, the company announced Friday. A PayPal spokesperson told CoinDesk in a statement that the payments firm “made the decision to forgo further participation” in the Facebook-initiated crypto project, to instead “continue to focus on advancing our existing mission and business priorities as we strive to democratize access to...
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Thai Bank Backs Series A Funding for Tokenized Securities Startup iSTOX

Singapore Exchange-backed security token platform iSTOX raised an undisclosed amount of Series A funding from one of the largest Thai investment banks, Kiatnakin Phatra Financial Group (KKP). While declining to reveal financial terms of the deal, the firm said KKP is the only investor in the latest funding round. Proceeds from the raise will be...
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Japan’s Financial Regulator Issues Draft Guidelines For Funds Investing in Crypto

Japan’s Financial Services Agency (FSA) has issued draft guidelines for funds investing in crypto. The Sept. 30 announcement, which mentions crypto assets in the introduction but only alludes to them in the text of the proposed amendment itself, is the latest move by the authorities in the country to prudently manage the development of the...
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