Month: March 2020

Malta Denies Two Crypto Exchanges Have License to Operate

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The Malta Financial Services Authority, or MFSA, has issued an alert on March 25 about two crypto exchanges that do not have licenses to operate, nor are they regulated in the country. COINMALEX and Crypto Foxtrades are the exchanges that the country’s financial watchdog alluded to in the statement, as both companies claimed on their websites that they had the necessary regulations and licenses to operate. Crypto Foxtrades claimed that they had the “Category 3 Investment Services” provider from the Maltese authorities to operate. The MFSA clarified the following about…

Cryptocurrency News From Japan: March 22-28 in Review

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This week’s headlines from Japan included Bitbank adding smartphone compatibility for identity verification, Fobi Japan announcing leverage trading, Coincheck announcing order limits, Rakuten Wallet announcing margin trading, and product trading company Marubeni testing blockchain for tracing steel pipes.  Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan. BitBank launches smartphone ID verification Japan-based crypto exchange, BitBank, recently added smartphone compatibility for its Know Your Customer, or KYC, practices. Using their smartphone cameras, customers can now snap pictures themselves and related required paperwork for verification.…

Madrid Team Builds Iota-Based Decentralized Information Platform to Combat Coronavirus

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A team based in Madrid, one of the epicenters of the coronavirus pandemic, has released an Iota Tango platform that helps combat the coronavirus. AidSquad GeoDB is a decentralized peer-to-peer big data sharing ecosystem which returns value to its creators, the users. Luis Gelado, GeoDB CEO and founder shared with Cointelegraph his rationale for creating AidSquad: “Having stayed home for a few weeks, one weekend, I felt a little bored, so I started thinking: we have to do something. We have a chance to develop something for a concrete problem,…

Talking Digital Future: Artificial Intelligence

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I chose artificial intelligence as my next topic, as it can be considered as one of the most known technologies, and people imagine it when they talk about the future. But the right question would be: What is artificial intelligence? Artificial intelligence is not something that just happened in 2015 and 2016. It’s been around for a hundred years as an idea, but as a science, we started seeing developments from the 1950s. So, this is quite an old tech topic already, but because of the kinds of technology that…

Liquid Federation Announces 10 New Members

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Blockstream’s Liquid sidechain settlement network welcomed 10 new members to the Liquid Federation on March 27. The new additions bring the Liquid Federation’s membership up to 45 — including crypto exchange trading desks, and financial institutions. New members come from diverse backgrounds The new members include hardware wallet manufacturer Ledger, peer-to-peer exchange Hodl Hodl, crypto trade firm MerklePro, cryptocurrency manager Point95, Wiz, Blockchain tool developer Wyre, blockchain marketplace STOKR, and crypto fund manager ListedReserve. Daniel Pickering, ListedReserve’s chief investment officer, emphasizes that ensuring capital can circulate quickly is essential to…

Statement in response to the use of mobile phone tracking data to help during the coronavirus crisis

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The ICO’s Deputy Commissioner Steve Wood said: “Generalised location data trend analysis is helping to tackle the coronavirus crisis. Where this data is properly anonymised and aggregated, it does not fall under data protection law because no individual is identified. “In these circumstances, privacy laws are not breached as long as the appropriate safeguards are in place. “The ICO has provided advice about how data protection law can continue to apply flexibly to protect lives and data. The safety and security of the public remains our primary concern. We will…

Venezuela’s Struggling Internet Could Make Crypto Trading Tough

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The global coronavirus lockdown has put a strain on Venezuela’s internet, which could logically make crypto participation difficult. As much of the world hunkers down in quarantine, people logically turn to internet-based services for work, as well as a way to pass the time. This mass movement has put significant stress on available data usage capacities in Venezuela, Movistar told Bloomberg for its March 27 article.  A daughter company of Telefonica SA, Movistar is the nation’s main telecom provider.   Global precautions cause global strain In an effort to prevent the…

Former NASDAQ Lawyer Warns TON Against Going Rogue

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Former NASDAQ vice president and assistant general counsel warned the TON Community against launching Telegram’s blockchain network until the 2nd U.S. Circuit Court of Appeals has its say. Safe Harbor is not on SEC’s agenda Manny Alicandro, a New York City lawyer with vast experience in traditional finance as well as in cases involving crypto assets, shared his concerns about the drastic plan put forward by the TON Community with Cointelegraph. He noted that in the foreseeable future, all issuers have to respect the Howey test. This may only change:…

‘Bull Run May Not Come Immediately After Bitcoin Halving,’ Says Bitmain’s Jihan Wu

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While You’re Under Quarantine, Check These Sites for Remote Crypto Jobs If you are on the lookout for a job in these pressing times, when the coronavirus pandemic has limited public movement and shut down businesses, it’s worth exploring opportunities to work from the relative safety of your home. The number … read more. The Internet May Be Next Victim of Coronavirus Pandemic – Netflix, Google, Apple and Amazon React With an estimated billion people staying home, remote working or just watching shows online all day, telecom infrastructure is coming…

‘Bull Run May Not Come Immediately After Bitcoin Halving,’ Says Bitmain’s Jihan Wu

boss

While You’re Under Quarantine, Check These Sites for Remote Crypto Jobs If you are on the lookout for a job in these pressing times, when the coronavirus pandemic has limited public movement and shut down businesses, it’s worth exploring opportunities to work from the relative safety of your home. The number … read more. The Internet May Be Next Victim of Coronavirus Pandemic – Netflix, Google, Apple and Amazon React With an estimated billion people staying home, remote working or just watching shows online all day, telecom infrastructure is coming…