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Category: Altcoins

Bank of England FinTech Accelerator to Work with AI and Ripple

Category: Altcoins, Finance, News, Tech

Bank of England FinTech Accelerator to Work with AI and Ripple

The Bank of England (BoE) recently posted a press release announcing that its FinTech Accelerator launched a new community which brings together FinTech-related organizations. On March 17 the BoE posted on its official website a press release where it states its Fintech Accelerator was launching a new community to share developments and engage with different fintech firms across the financial...

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Crypto and the IRS: Why It Doesn’t Have To Be So Taxing

Category: Altcoins, Bitcoin, Finance, News, Regulation

Crypto and the IRS: Why It Doesn’t Have To Be So Taxing

With cryptocurrency prices and trading volumes soaring, more and more Americans lament having to figure out how to report their earnings to the taxman. Inaccurate reporting on a tax return could land one in hot water and create lots of hassles. With the Coinbase/IRS saga continue to garner a lot of attention, it is clear that the U.S. Department of...

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GDAX Introduces Margin Trading for Bitcoin, Ether, and Litecoin

Category: Altcoins, Bitcoin, Ethereum, Finance, News

GDAX Introduces Margin Trading for Bitcoin, Ether, and Litecoin

While Wall Street will have to wait a bit longer until the SEC approves the first Bitcoin ETF, professional traders have been introduced to yet another channel through which to try bitcoin. Coinbase, the most prominent Bitcoin exchange which also trades Ethereum’s cryptocurrency ether, now allows margin trading on its institutional trading platform, GDAX. With over $100 million in funding...

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Ether to be Added as Third Supported Cryptocurrency on AlphaBay

Category: Altcoins, Ethereum, News

Ether to be Added as Third Supported Cryptocurrency on AlphaBay

AlphaBay, one of the leading dark web markets, announced March 18 that they would be initiating acceptance of Ethereum’s token, ether, as a supported cryptocurrency on their website. Ether will be joining the ranks of bitcoin and monero and will be fully operational on May 1, 2017. Ethereum’s cryptocurrency, ether, is already at an all-time high, and with the announcement...

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Crypto and The Regulatory Gamble

Category: Altcoins, Bitcoin, Entertainment, News, Regulation

Crypto and The Regulatory Gamble

The impact of both traditional and online gaming relative to local economies has been massive. Despite generating high revenue flows, the industry, however, is viewed negatively in some circles and has long faced heavy regulation and compliance oversight. In 2016, we saw the traditional gaming world embrace digital cash systems. Simultaneously, cryptocurrencies found their way to online gaming sites, ushering...

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Waves of Sidechains Hit Full Crest

Category: Altcoins, Bitcoin, Blockchain, News

Waves of Sidechains Hit Full Crest

The blockchain-powered custom tokens platform Waves launched a secure, reliable speedier bitcoin gateway for holding bitcoins on the network on March 11. This move comes amid continued concerns within the Bitcoin community about block sizes and slow transaction confirmation times. According to the Waves team, bitcoin is here for the long haul and should be acknowledged as such. As the...

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Malaysian Video Game Developer Xhai Studios to Adopt NEM Blockchain

Category: Altcoins, Blockchain, Entertainment, News

Malaysian Video Game Developer Xhai Studios to Adopt NEM Blockchain

Malaysia-based video game producer and publisher Xhai Studios announced on March 13 the incorporation of the distributed ledger technology of the startup NEM into its new video games services platform that is under development. Xhai Studios will implement the NEM blockchain into its platform to allow video game developers to directly distribute their products to gamers in a cost-effective and...

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EU Publishes New Draft Law for Digital Currencies to Combat Financial Crime and Terrorist Financing

Category: Altcoins, Bitcoin, News, Regulation

EU Publishes New Draft Law for Digital Currencies to Combat Financial Crime and Terrorist Financing

On March 9, EU lawmakers published new draft legislation that covers the use of cryptocurrencies within the borders of the European Union. The proposal suggests changes and additions to the “Directive (EU) 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing” that include regulating and overseeing electronic money transfer...

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Qtum, a Hybrid of Bitcoin and Ethereum, Set to Launch Crowdsale

Category: Altcoins, Bitcoin, Ethereum, Finance, News

Qtum, a Hybrid of Bitcoin and Ethereum, Set to Launch Crowdsale

A new hybrid blockchain Qtum, combining the UTXO set of Bitcoin and the smart contracts of Ethereum, will launch a crowdsale on March 16 lasting until April 15, with 51 percent of the token's total supply up for sale. Qtum have also announced their collaboration with PwC, a big player in the consultancy and finance space. The Best of Both...

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Grayscale Investments Plans To Launch Private Ethereum Classic Fund

Category: Altcoins, Finance, News

Grayscale Investments Plans To Launch Private Ethereum Classic Fund

Grayscale Investments LLC, a Digital Currency Group investment subsidiary owned by Barry Silbert, announced that it is planning to launch a private fund that will give investors exposure to ethereum classic. The cryptocurrency ether classic (ETC) was sprung out of the aftermath of the Ethereum DAO hack in June 2016, when around $50 millions worth of ether (ETH) was stolen....

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