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Charlie Lee Mounts Defense of Litecoin (LTC) against FUD

The creator of Litecoin (LTC), Charlie Lee, sprang to the defense of his coin on Twitter, looking to dispel myths and FUD surrounding his creation. The criticisms mirror those from years past, revolving chiefly around claims that the coin is a dead project in terms of innovation. Lee’s responses come …

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Bitcoin Prices Firm Above $6,000; XRP Soars 15%

Investing.com – Bitcoin prices pushed higher on Thursday, attempting to break out of what has been a relatively subdued period for the world’s largest digital currency. Bitcoin, the world’s most valuable digital currency, was up around 2% at $6,434.90 on the Bitfinex exchange by 8:05 AM ET (12:05 GMT), after …

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Brazil’s CADE Investigates Major Banks for Stifling Crypto Trade

Brazil’s Administrative Council for Economic Defense (CADE) started on Tuesday an investigation targeting some of the country’s largest banks as the antitrust regulator suspects them of using their market position to limit cryptocurrency trading to the detriment of brokers and crypto exchanges, Reuters reports. CADE is investigating alleged monopolistic activities …

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XRP Climbs 10.42% As Investors Gain Confidence

Investing.com – XRP was trading at $0.35129 by 07:06 (11:06 GMT) on the Investing.com Index on Thursday, up 10.42% on the day. It was the largest one-day percentage gain since September 18. The move upwards pushed XRP's market cap up to $13.52B, or 6.72% of the total cryptocurrency market cap. …

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FunFair (FUN) Perks Up after Launch of First Licensed Casino

The FunFair (FUN) project, so far one of the laggards in the crypto space, has finally announced the launch of its first token-powered casino, triggering a revival in its market price. https://twitter.com/FunFairTech/status/1042447022245273606 The good news comes weeks after FunFair secured its first gambling license in the jurisdiction of Curacao. The …

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TokenSoft Platform Unveils Support for R3 Corda Projects

TokenSoft, a blockchain company specializing in securities tokenization, announced on Wednesday that it would support projects on Corda, a blockchain platform provided by New York-based R3. From now on, TokenSoft clients will be able to issue tokens on Corda by applying the Cordite Foundation software development kit. The security token …

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Japanese Exchange Zaif Loses up to $60M in Hack

Zaif, one of the leading Japanese exchanges, has reported a hack that happened a few days ago. Losses in Bitcoin (BTC) amount to around $37 million (5,966 BTC), with additional withdrawals suspected in Bitcoin Cash (BCH) and MonaCoin (MONA), taking the total loss to around $60 million. https://twitter.com/kaykurokawa/status/1042490523897028609 The exchange …

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Australian regulator cracks down on misleading digital coin offerings

SYDNEY (Reuters) – Australia's corporate watchdog said on Thursday it was stepping up scrutiny on “misleading” initial coin offerings (ICOs)targeted at retail investors while adding it has already acted against several such proposals. The Australian Securities & Investments Commission (ASIC) said consistent problems with proposed ICOs included the use of …

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Crypto Prices Mixed as ASIC Steps Up Scrutiny on “Misleading” ICOs

Investing.com – Cryptocurrency prices were mixed on Thursday as the Australian Securities & Investments Commission (ASIC) said in a statement that it is stepping up scrutiny on “misleading” initial coin offerings (ICOs). Bitcoin traded 0.7% higher to $6,400 at 11:39PM ET (03:39 GMT) on the Bitifinex exchange.   Ethereum fell 1.6% to $210.41 in the …

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R3 Partners With Dutch Tech Company to Pilot Blockchain-Based Digital IDs

Blockchain consortium R3 has deployed a digital ID application developed by Dutch digital security company Gemalto (AS:GTO) on the latest version of the Corda Platform, according to an announcement published September 18. Corda is an open-source blockchain-powered platform developed for financial establishments by R3 in collaboration with more than 200 …

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Crypto Tax Regulation to Fuel US Economic Growth

Tax policies in digital assets should focus on enabling and encouraging the deployment of blockchain and cryptocurrency resources instead of treating them as a hindrance to growth, said BX3 Capital partner Michael Minihan, who has more than experience as an international tax practitioner. He said, “The promise of the blockchain …

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Bitcoin, Cryptocurrencies to Augment Global Gambling Development

The rise in the number of Bitcoin and digital currencies will help push the development of the world’s gambling market, said a study by Report Buyer. In its study titled, Gambling Market – Global Outlook and Forecast 2018-2023, Report Buyer said the online gambling industry had taken advantage of cryptocurrencies …

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