The adoption of blockchain technology across several industries has grown over time. One industry with has witnessed a pristine makeover as a result of its alignment with blockchain technology is the Gambling industry. Based on a recent report, it has been established that the Gambling industry generates a revenue of about $125 billion each year.…
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European countries have been at the forefront of regulating the crypto industry for quite some time now. Other major world economies which have so far realised the significance of blockchain technology have shown interests in regulating the industry in the past few months. To show that the world top economies really mean business when it…
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Anyone conversant with the happenings in the crypto industry doesn’t need to be told about the recent Bitcoin Cash hard fork that shook the entire crypto industry and has been pinpointed as the principal cause of the prolonged bear market. The BCH hard fork led to the creation of two new consensus— Bitcoin SV and…
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Israel’s former prime minister speaking at a startup event for ‘Globes’ said, “there is no chance my cyber company will sell to dark regimes.” Former Israeli Prime Minister Ehud Barak recently became the chairman of medical cannabis company InterCure Ltd, and when asked at a Globes event, whether investing in the drug was comparable to…
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Based on a recent report, Huobi Global has recently acquired a popular and regulated Japanese cryptocurrency exchange—Bittrade. The newly acquired exchange will be shutting down and its existing customer will have to open new accounts and go through all the necessary registration requirements on the New Huobi platform. Bittrade is Regulated There are about 16…
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With Stablecoins gaining popularity amongst crypto investors, the first ever GBP backed stablecoin, LBXPeg is about launching. This is coming from a recent report by a UK startup. London Block Exchange (LBX) London Block Exchange (LBX), a UK startup made it known that it has plans to launch a crypto coin, which is pegged to…
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Recently, a top financial service group in Norway known as Storebrand made a fat finger error which led to the loss of 14 percent of its share value. Fat Finger Error “fat finger” is a phenomenon used in denoting a form of a flawed mouse or keyboard input that places a buy or sell order…
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Binance which recently announced restrictions for some selected countries has added Belarus to a growing list of countries it is no longer supporting. Binance Updated its Terms of Use (ToU) Although the specific date when this restriction will be implemented has not been disclosed, the exchange has however noted that the action is related to…
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Based on a recent report, Fortress Blockchain Corp a technology-oriented blockchain mining company has suffered a significant loss in the third quarter of the year. The company has recorded a loss of about $1.16 million. Mining company Fortress Blockchain Corp Suffered a 37% Decline Fortress Blockchain Corp reported that its mining earnings were swept away…
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Btc-e operator Alexander Vinnik who was previously charged for money laundering, fraud, and other serious crimes in Cyprus, has had all charges against him dropped by the court. The decision to drop the case was as a result of efforts and agreement from both the defendant and plaintiffs. Plaintiffs Agreed to Dissolve the Case According…
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