Author: Laima Nandi

OKEx

OKEx Crowned the “Crypto Exchange of the Year”

OKex, the second largest Crypto Exchange in the world in terms of trading volume has beaten top crypto exchanges such as Binance and BitBay to cling the title of the “Crypto Exchange of the Year”. The award was presented to the exchange at the Malta Blockchain Summit’s Blockchain Awards. OKEx has a Proof of Hard…
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Bulgarian official sells passports for Bitcoin

Bulgarian Officials Caught Selling Passports for Bitcoin

A recent report has it that some Bulgarian Government officials involved in the sales of international passport to foreigners have been arrested along with there accomplices. The report made it known that in order to avoid getting traced when caught, the payment method used is Bitcoin. Bulgaria is Part of the European Union Bulgaria was…
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Bitcoin ATM

First Bitcoin ATM has been Installed in Germany

A recent report has it that Germany has witnessed its first Bitcoin ATM installation. The report made it known that this bitcoin ATM was installed by a casino which imported the machine from Austria. The name of the Munich casino which imported this Bitcoin ATM is Monte24. The Bitcoin ATM is as a Result of…
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crypto mining

AMD has Partnered With Seven Companies to Produce the Best Crypto mining Rigs

Based on a recent report, AMD, an American multinational semiconductor company based in Santa Clara, has partnered with seven tech companies towards its development of the next best crypto mining rigs. The mining rigs to be created are expected to cater to every class of miners. Miner Manufacturers Earning More So far, the price and…
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HTC exodus 1 blockchain smartphone

HTC launched a Blockchain Smartphone— Exodus 1

HTC a Taiwan based mobile phone manufacturer shocked the cryptocurrency and blockchain industry with the introduction of a blockchain-based smartphone, Exodus 1. HTC made it known that the mobile device is designed to secure the registered owner’s cryptocurrencies. Sales started on 23rd of October 2018. HTC is Hoping to Regain its Market Share The development…
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Petro tender

Venezuela’s Supreme Court of Justice Declared Petro a Legal Tender

Despite the fact that a huge portion of the crypto community has expressed their skepticism as regards the Petro cryptocurrency, the Venezuelan Governments seems not to care. Right after launching the coin officially, the government has also listed the coin on six different exchanges. A recent report also has it that the country’s highest judicial…
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Quorum J.P.Morgan blockchain project

JP Morgan Bank has Endorsed the Ethereum Network

The world renown investment bank, JP Morgan has reportedly given the Ethereum network a thumbs up and has greatly endorsed the Blockchain network. The endorsement of the network by the investment bank was as a result of its ability to bring practical applications into the world of finance. However, it should be noted that, in…
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Brazil cryptocurrency exchanges

Brazil’s Tax Regulator Set to Tighten its Grips on the Country’s Cryptocurrency Industry

The Brazilian Department of Federal Revenue (RFB) has made it known that it will be paying special attention to all cryptocurrency related transactions in the country. The aim of the agency is to control money laundering and prevent tax evasion. Department of Federal Revenue (RFB) Based on a recent report, the Department of Federal Revenue…
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stablecoin Stably USDS

A New Stablecoin— USDS, Pegged the US Dollar, has been Launched

With the kind of month, Tether (USDT)—a leading stablecoin had in October, the coin has so far lost its stance as an infallible coin. Following this slight fallout tether had, several other stablecoins are getting introduced. One of such stablecoin is StableUSD (USDS). The stablecoin is a product of Stably— a venture-capital-backed startup. Stably—StableUSD (USDS)…
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SCAM ALERT

New Zealand Authorities (FMA) Updated its Scam Watchlist — Three Crypto Companies were Added

The New Zealand Financial Markets Authority (FMA) has updated its scam watch list with the names of three crypto and forex related businesses. The companies in question are, Zend Trade, Cryptogain and Russ Horn. The New Zealand FMA has a List The list created by the New Zealand agency is referred to as the “Warnings…
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