Day: April 29, 2019

UAE Becomes World’s Biggest Contributor to Token Sales, Data Shows

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The United Arab Emirates (UAE) has been the world’s biggest contributor to crypto token sales so far this year, according to data recently released by CoinSchedule. More than 25% of funds raised since the start of 2019 — $210.5 million — have come from the Gulf nation. The Cayman Islands came second with $103.8 million, with Singapore third with $89.7 million. While the United States has long dominated token sales, the data shows it has fallen to sixth place in terms of the funds raised since January. U.S. investors have…

Craig Wright Rages at ‘Conman’ John McAfee, ‘Money Laundering’ Binance

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A few weeks after Binance delisted the Bitcoin SV altcoin, self-proclaimed Satoshi Nakamoto, Craig Wright, has slammed the world’s largest crypto exchange calling it a ‘super bucket shop’. In an interview with Finder, Wright accused Binance of engaging in wash trading and money laundering: You have things like CZ (Changpeng Zhao, Binance CEO) there and Binance which is super bucket shop which are basically money laundering organizations. They wash trades and money laundering. That’s how they make money. Additionally, Wright also alleged that the leading cryptocurrency exchange engages in market…

Craig Wright Rages at ‘Conman’ John McAfee, ‘Money Laundering’ Binance

boss

A few weeks after Binance delisted the Bitcoin SV altcoin, self-proclaimed Satoshi Nakamoto, Craig Wright, has slammed the world’s largest crypto exchange calling it a ‘super bucket shop’. In an interview with Finder, Wright accused Binance of engaging in wash trading and money laundering: You have things like CZ (Changpeng Zhao, Binance CEO) there and Binance which is super bucket shop which are basically money laundering organizations. They wash trades and money laundering. That’s how they make money. Additionally, Wright also alleged that the leading cryptocurrency exchange engages in market…

Europe: Cryptocurrency Is Here To Stay

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A majority of Europeans are optimistic about the future of cryptocurrencies, a recent study has found. In a research commissioned by major bitcoin exchange bitFlyer, 10,000 people across 10 European countries were asked if they believe cryptocurrencies will still exist in ten years’ time. 63 percent of the respondents replied positively. However, the majority are still uncertain as to how they will be used. Norway is leading as the most optimistic country about the future of cryptocurrency, with almost three-quarters (73 percent) believing they will still exist in some form.…

Bitcoin Bull Tom Lee is Sure: ‘Crypto Winter is Now Over’

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Photo: Marco Verch / Flickr Bitcoin bull and leading Fundstrat analyst Tom Lee is known to be one of the main optimists in the crypto sphere. And now in his recent interview, he explained why he is still bullish on cryptocurrencies despite the challenging previous year and predicted what we could expect from Bitcoin and other cryptos in 2020. Though last week the cryptocurrencies started losing their value after there surfaced controversial news about Tether, Lee is absolutely sure that it is just a temporary situation. He believes that bullish…

Bitcoin Bull Tom Lee is Sure: ‘Crypto Winter is Now Over’

boss

Photo: Marco Verch / Flickr Bitcoin bull and leading Fundstrat analyst Tom Lee is known to be one of the main optimists in the crypto sphere. And now in his recent interview, he explained why he is still bullish on cryptocurrencies despite the challenging previous year and predicted what we could expect from Bitcoin and other cryptos in 2020. Though last week the cryptocurrencies started losing their value after there surfaced controversial news about Tether, Lee is absolutely sure that it is just a temporary situation. He believes that bullish…

Neo 3.0 to Launch on New Blockchain Network, Users Will Need to Swap Tokens

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Neo 3.0 is going to be launched as a new blockchain network and users will need to swap their existing tokens for new ones, according to an official announcement shared with Cointelegraph on April 29. The Chinese platform’s co-founder and core developer Erik Zhang has said the new chain, which is coming from a new genesis block, is necessary because several architectural improvements to Neo’s performance and stability are not compatible with its current blockchain. According to the platform, all data and transaction records will migrate to Neo 3.0, and concurrent…

CipherTrace Detects Major Uptick in Cross-Border Payments to Offshore Crypto Exchanges

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Disclaimer: A CipherTrace spokesperson informed Cointelegraph that these numbers are subject to change as new information becomes available There has been a 47% increase in the number of cross-border payments from United States crypto exchanges to offshore exchanges since early 2017, posing an ostensible quandary for regulators. The data was reported in the latest cryptocurrency AML (Anti-Money Laundering) report from crypto intelligence firm CipherTrace, shared with Cointelegraph on April 29. According to CipherTrace, an analysis of 164 million bitcoin (BTC) transactions revealed that cross border payments from U.S.-based exchanges to…

Ledger Provides Secure Wallet Management Solution to Regulated Canadian Crypto Exchange

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French hardware wallet producer Ledger is set to provide its secure crypto infrastructure solution to regulated Canadian crypto exchange National Digital Asset Exchange (NDAX), according to a press release shared with Cointelegraph on April 29. NDAX — which offers crypto asset trading services for both retail and institutional clients — will use Ledger’s institution-grade wallet management solution, dubbed Ledger Vault. Ledger Vault provides a multi-authorization governance infrastructure for crypto assets, and has been designed with enterprise and institutional custodian and asset managers’ needs in mind, according to the press release.…

Bitcoin Is The First Asset That Enabled Investors To Make 100,000% Gains

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Over the past two decades, the Internet and technology industries have created unimaginable wealth. The Dotcom bubble may have burst almost two decades ago, but the Silicon Valley money making machine is still churning. But there’s an arguable issue here, the growth of modern technologies has further centralized wealth, creating even more drastic wealth disparities. As normal though, that’s where Bitcoin comes in. Related Reading: Co-Founder of Ethereum: Blockchain Will be “More Disruptive” Than Dotcom Bubble The IPO Frenzy Isn’t All That Innocent Just weeks ago, Lyft, the popular ride-sharing…