Day: February 26, 2019

Russian Supreme Court Classifies Illicit Crypto Use Under Money Laundering Laws

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The Russian Supreme Court has included the illicit use of cryptocurrencies in the list of criminal offences related to money laundering, local legal news site Pravo reported on Tuesday, Feb. 26. The court has introduced new amendments to the anti-money laundering (AML) decree issued in July 2015. These clarifications relate to Russian criminal code articles dedicated to the legalization of property acquired via criminal means. According to Alexander Chervotkin, a judge who commented on the regulations, in the three years since the decree was signed, cryptocurrencies have became widely used…

Samsung Announces Galaxy S10 Crypto Partners, Bitcoin and Ethereum Support

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The new Galaxy S10 series smartphones by South Korean tech giant Samsung will apparently have wallet functions for Ethereum (ETH), Bitcoin (BTC) and two other tokens. A Samsung official spoke about the phone’s new features at the Mobile World Congress in Barcelona, Spain on Feb. 25. In its presentation, Samsung revealed various crypto and blockchain related projects featured on the smartphone, including support for Bitcoin, Ethereum, COSMEE token (COSM) and Enjin’s token (ENJ). COSMEE is a blockchain-enabled mobile beauty decentralized app (DApp) where users can earn and spend COSM tokens.…

Bitcoin (BTC) Price Under Pressure But Fundamentals Are Very Bullish

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Bitcoin prices under pressure Adoption on the rise as Venezuela is the poster country for crypto Transaction volumes drop days after Feb 24 drawdown In an uptrend, Bitcoin (BTC) is under immense pressure thanks in part to sell-off of Feb 24. Moving on, we expect bulls to reject lower lows as price action snap to trend and edge above $4,500 as our previous BTC/USD trade plans are validated. Bitcoin Price Analysis Fundamentals Good news is Bitcoin (BTC) learning and adoption curve over the past few years has been near perpendicular.…

QuadrigaCX Director Asks Court to Appoint Restructuring Officer

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Jennifer Robertson — the current director and widow of the founder of now-shuttered Canadian crypto exchange QuadrigaCX — has asked a Canadian court to appoint a chief restructuring officer (CRO) to handle proceedings in the aftermath of the exchange’s controversial closure. In an affidavit filed with the Supreme Court of Nova Scotia on Feb. 25, Robertson further requested that the court grant a stay of proceedings extension of the current period of creditor protection. As previously reported, Robertson’s spouse, 30-year-old Gerald Cotten, died in December 2018. At that time, the…

Crypto Markets Lose $2 Billion After Brief Recovery Attempt, US Stock Market Is Down

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Tuesday, Feb. 26: after a brief recovery attempt yesterday, crypto markets have lost more than $2 billion in terms of total market capitalization today, with the top 20 cryptocurrencies seeing mixed signals. While the market is overall trading sideways, most of top 20 coins are in the red at press time. Market visualization from Coin360 The largest cryptocurrency, Bitcoin (BTC), is down around 1 percent over the past 24 hours, trading at $3,847 at press time. Following major losses on Feb. 24, the top cryptocurrency is down over 3 percent…

Ripple Appears to Violate Coinbase Crypto Listing Framework

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Coinbase announced the listing of Ripple (XRP) on Coinbase Pro yesterday. The massive-supply token saw a significant price rise on the news. However, as first identified by Diar, Coinbase’s listing of the bank-friendly coin appears to violate its own Digital Asset Framework, which outlines requirements which cryptocurrency assets must meet prior to their listing on the US exchange. Coinbase: We Won’t List Cryptocurrency if Company Controls Majority Stake The Ripple price jumped following its listing on Coinbase. Coinbase’s GDAX Digital Asset Framework outlines the types of crypto tokens it will…

Ripple (XRP) Path to the Moon after CoinBase Announcement

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Ripple prices up 5.3 percent XRP now supported by CoinBase Pro Transaction volumes have doubled in the last three weeks Perhaps the only triggers needed for higher highs was CoinBase announcement. In days ahead, XRP will be available for trading at CoinBase Pro, and this could help drive volumes higher boosting prices as a result. Ripple Price Analysis Fundamentals XRP is outperforming other assets like TRX and BNB. The reason for their renewed interest is CoinBase’s announcement that it will be offering support for XRP at CoinBase Pro. CoinBase Pro,…

Mercedes-Benz Cars Develops Blockchain-Prototype for Sustainable Supply Chains

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Mercedes-Benz Cars and Icertis, have teamed up for a strategic partnership for consistent documentation of contracts in the supply chain as Daimler requires direct suppliers to adhere to strict control standards and contractual obligations with regard to working conditions, human rights, environmental protection, safety, business ethics and compliance within the supply chain.  “Blockchain technology has […] The post Mercedes-Benz Cars Develops Blockchain-Prototype for Sustainable Supply Chains appeared first on Blockchain News. Source link If You Liked This Article Click To Share BlockchainPrototypeCarsChainsDevelopsMercedesBenzSupplySustainable CryptoX Portal

Blockchain Post-Trade Platform Vakt Partners With Majority of North Sea Oil Market

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Vakt, a blockchain-based post-trade platform for oil, has signed up four new clients, according to a statement published on the platform’s website on Feb. 25. As per Etienne Amic, Vakt’s recently appointed CEO, the company has partnered with four new clients prior to its official launch at International Petroleum Week, which starts in London today, Feb. 26. The new users of the platform join major industry players that initially backed Vakt, including BP, Shell and Total, along with traders Gunvor and Mercuria, the press release notes. Other Vakt investors reportedly…

Open Source, Enterprise-Grade Blockchain Platform Insolar Launches Testnet

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On March 4, 2019, Insolar is launching the Testnet 1.1 of its blockchain platform with the participation of external nodes in its network. advertisement The Swiss technical University ETH Zurich and Toronto’s York University have already reserved their nodes, as well as several bluechip companies, will be participating. Insolar is a global technology company building innovative public and private blockchain solutions on the Insolar blockchain platform: the most secure, flexible and scalable blockchain for business. In January 2019, Insolar successfully launched its Testnet 1.0 with a throughput of over 10,000…