Day: February 17, 2020

How Bitcoin Is Used by Activists and Refugees to Promote Human Rights

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CoinDesk reporter Leigh Cuen is joined by the Human Rights Foundation’s Alex Gladstein and Syrian entrepreneur Moe Ghashim to discuss how cultural context shapes the way people view bitcoin, including stories from the Middle East. Many bitcoiners see cryptocurrency as a cypherpunk tool that enhances personal freedoms, with cypherpunk meaning “using privacy tech to promote social change.” There are diverse users around the world gaining this type of value from bitcoin, but they rarely give interviews or are seen on stage at conferences.  Later we’ll explore the risks of governments…

Coronavirus Outbreak Puts Gaming’s Next-Gen Consoles Under Threat

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The Wuhan coronavirus has been having a huge impact on many aspects of life around the world. Gaming is also being affected by delays and cancellations due to the virus. These effects could continue to shape gaming for years and years into the future. The Wuhan coronavirus is having a huge impact on economies and industries around the world. Gaming is no exception to that. We’ve already seen a whole slew of delays and cancellations. From esports events to entire console launches, companies are putting projects on hold while they…

Russian Central Bank Links Crypto Transactions With Money Laundering

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The Central Bank of Russia (CBR) published a new set of rules for suspicious transactions, Russian finance publication RBC reported on Feb. 17. The update broadly categorizes any cryptocurrency-linked transaction as a potential money laundering risk. The bank issued an update to directive 375-P, which lists all signs of suspicious activity that may be linked to money laundering. This is the first such update since 2012, when the initial regulations were introduced. The manual was developed in collaboration with the Federal Service for Financial Monitoring (Rosfinmonitoring). A central bank representative…

Tron CEO Failed to Convince Warren Buffet on the Merits of Bitcoin

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Bitcoin makes a poor investment choice, well that’s according to the famed investor, Warren Buffet. Who sees more benefit in buying land over buying the number one cryptocurrency. Sun and Buffet Finally Lunch Together Each year, business magnate, Warren Buffett auctions a charity lunch in honor of the Glide Foundation, a San Francisco based charity that aims to eradicate poverty and marginalization. Tron CEO, Justin Sun became the talk of the town last year by bidding a staggering $4.6 million, to win lunch with Buffett. Naturally, the crypto world was…

One Million UEFA Tickets to Be Distributed Via Blockchain in 2020

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Soccer fans in Europe will join the ranks of early blockchain adopters thanks to a new initiative by the Union of European Football Associations (UEFA). According to a Feb. 17 announcement, UEFA will distribute over one million soccer match tickets via a blockchain-enabled mobile application. The organization claims that this new ticketing system will make “entry into the stadium smooth, safe and secure.” The new blockchain-based mobile ticketing solution is meant to prevent the duplication and replication of tickets by “QR codes only being activated by Bluetooth once fans are…

BitMax.io and Bithumb Korea Announce Strategic Partnership to Enhance Product Platform and Accelerate Global Expansion

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Singapore / Feb 17, 2020 – BitMax.io, a Singapore-registered digital asset trading platform with a global footprint, and Bithumb Korea, a South Korean-based cryptocurrency exchange, are pleased to announce a strategic global partnership leveraging their respective market presence and expertise.  Founded by a group of Wall Street quant trading veterans in 2018, BitMax.io offers a broad range of financial products for retail and institutional clients. Bithumb Korea was founded in 2014 and is a leading cryptocurrency exchange in the world in terms of total transaction volume. Bithumb has expanded its investment…

Binance to Offer White-Label Exchange Infrastructure for Local Markets

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Binance is launching a digital asset trading platform that can be rebranded by smaller exchanges for their local markets. Binance Cloud will offer local exchanges spot market and futures trading, as well as local bank API integrations and peer-to-peer (P2P) fiat-to-cryptocurrency exchange services, the company said in a statement Monday. Implementing a product like Binance Cloud would relieve potential exchange operators of the software burdens involved in security and scalability. That gives them more time to worry about, say, getting the proper licenses and registrations in their jurisdiction. According to…

Leaked Age of Empires III Beta Footage Should Have Microsoft Fuming

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Age of Empires III: Definitive Edition beta launched this month. One participant has leaked game play footage breaching a non-disclosure agreement. Notable changes include a revamped UI and in-depth multiplayer game filtering. Late last month, Microsoft announced a series of betas for the upcoming Age of Empires III: Definitive Edition starting this month. Microsoft announced last week that it had sent out the first round of invites for the beta. Source: Twitter Only a select few members Age Insider Program are receiving keys. A strict non-disclosure agreement bars participants from…

London-Based Crypto Custodian Copper Raises $8M for Expansion Overseas

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Crypto custody provider Copper has raised $8 million in a Series A round – an investment it plans to use launching in new markets. Participants in the Series A included two U.K.-based venture capitals, LocalGlobe and MMC Ventures, as well as the Berlin-based Target Global, which specializes in investing in European companies so they can fund global expansion, according to a Monday announcement. The London-based startup said it aims to develop a presence in key regional areas, like Asia and North America, as well as enhance its offering to feature…

Dow Futures Climb as Stock Market Mints Record Millionaire Party

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Dow Jones Industrial Average (DJIA) futures tick higher on Presidents’ Day Monday. Fidelity reports that a record number of its retirement accounts now hold $1 million or more. The US stock market continue to push all-time highs despite coronavirus fears. The U.S. stock markets are closed today for Presidents’ Day but that hasn’t stopped the steady climb in after-hours trading. Dow Jones Industrial Average (DJIA) futures drifted higher on Monday, following Asian and European markets. With the Dow on the verge of all-time highs, retirement accounts are booming. According to…