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BITCOIN PRICE: 4,760.82     HIGH: 5,559.69     LOW: 4,694.44

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Viva La Crypto • November 20-21, 2018

 Viva La Crypto is the first and biggest event in Mexico about blockchain technology and cryptocurrencies, more than 40 sponsors…

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Category: Finance

Autodesk CEO Believes Blockchain Can Reduce Corruption in the Construction Industry

Category: Blockchain, Business, Finance, News, Platform, Regulation, Tech

Autodesk CEO Believes Blockchain Can Reduce Corruption in the Construction Industry

Andrew Anagnost, Autodesk’s CEO is a big believer in blockchain technology as he believes it can help boost transparency and trust between all members in the construction industry. According to the Financial Review’s article published on November 19, 2018, Anagnost mentioned that increased confidence and accountability could eventually reduce the corruption present in the industry today. Bringing Blockchain Technology Into…

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Bitcoin Tumbles By 12 Percent As Bitcoin Cash Hash War Spooks Investors

Category: Altcoins, Bitcoin, Blockchain, Business, Ethereum, Finance, News, Platform, Tech

Bitcoin Tumbles By 12 Percent As Bitcoin Cash Hash War Spooks Investors

The price of bitcoin broke away from its “stablecoin mark” in the mid-6,000s and dropped by over twelve percent as a result of the bitcoin cash (BCH) hash war that has spooked investors and highlighted how fragile and volatile the digital currency sector still is. On Thursday, the bitcoin cash (BCH) network split into two after disagreements among critical stakeholders…

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Cryptocurrency Exchange Huobi Creates a Communist Political Commitee

Category: Altcoins, Blockchain, Business, Exchange, Finance, News, Platform, Tech

Cryptocurrency Exchange Huobi Creates a Communist Political Commitee

Huobi, the third largest cryptocurrency exchange platform by trading volume has set up a communist party committee; a moved dubbed as a “milestone” by the company founder, reports South China Morning Post, November 19, 2018. Political Arm Set Up by Huobi Subsidiary Beijing Lianhuo Established in April 2018 with an initial capital of $2.9 million, Beijing Lianhuo Information Service Co….

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Stop Using “Transactions Per Second:” Bitcoin’s More Than That

Category: Bitcoin, Blockchain, Business, Finance, News, Platform, Tech

Stop Using “Transactions Per Second:” Bitcoin’s More Than That

While bitcoin serves many functions, one its most substantial uses is as a payment system. Typically the metric that has been used to compare Bitcoin to companies like VISA, Paypal, or even newer blockchains that tout higher transaction capacity, is through how many transactions the system can handle, usually seen as transaction per second (tps). An article published on November…

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Switzerland OKs HODL: World’s First Cryptocurrency ETF to Launch Next Week

Category: Altcoins, Bitcoin, Exchange, Finance, News, Regulation

Switzerland OKs HODL: World’s First Cryptocurrency ETF to Launch Next Week

In a historic decision amidst the crypto bloodbath, Swiss cryptocurrency startup Amun AG has been given the go-ahead to list a crypto index fund on Europe’s fourth-largest stock exchange, SIX Swiss Exchange. With a market cap of $1.6 trillion, the exchange will facilitate the world’s first crypto Exchange Traded Product (ETP), reports Trustnodes, November 17, 2018. Access to Institutional and Retail…

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European Central Bank Executive Dubs Crypto “Evil Spawn” of Financial Crisis

Category: Bitcoin, Commentary, Finance, News, Regulation

European Central Bank Executive Dubs Crypto “Evil Spawn” of Financial Crisis

An executive board member of the European Central Bank (ECB), Benoit Coeure, dealt a verbal blow to bitcoin and the infant cryptocurrency industry when he termed the digital currency “a combination of a bubble, a Ponzi scheme, and an environmental disaster,” per a report by Bloomberg, published November 15, 2018. Bitcoin “Evil Spawn” of Financial Crisis Speaking at the Bank…

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U.S. SEC Opens Investigation into Salt Lending and Former Director Eric Voorhees

Category: Altcoins, Bitcoin, Business, Exchange, Finance, News, Regulation

U.S. SEC Opens Investigation into Salt Lending and Former Director Eric Voorhees

Shapeshift CEO Eric Voorhees and cryptocurrency loans startup Salt Lending Ltd. is under investigation by the U.S. Securities and Exchange Commission (SEC) concerning its $50 million ICO in 2017, per a Wall Street Journal article, published November 15, 2018. SEC Seeks Clarity Regarding 2017 ICO Salt was founded in 2016 and is one of the first crypto to fiat loan…

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Islamic Financial Expert Affirms That Cryptocurrency Is “Halal”

Category: Altcoins, Bitcoin, Business, Commentary, Finance, News

Islamic Financial Expert Affirms That Cryptocurrency Is “Halal”

The Chairman of the International Business Forum (IBF) Erol Yarar has urged Islamic countries to embrace a common type of cryptocurrency system. The call was made due to the growing concerns among Muslim states on the overwhelming nature of the U.S. dollar and its grip on the world financial markets, reported Anadolu Agency on November 5, 2018. U.S. Dollar Is…

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Malaysia’s CIMB Group Partners Ripple to Expand its Cross-Border Remittance Business

Category: Altcoins, Blockchain, Business, Finance, News, Platform, Tech

Malaysia’s CIMB Group Partners Ripple to Expand its Cross-Border Remittance Business

Malaysian lender CIMB Group has entered a strategic partnership with Ripple to facilitate instant cross-border payments across all markets it’s currently operating in. Both companies issued a joint statement on November 15, 2018, announcing that CIMB is now officially a member of the RippleNet network. Ripple to Help CIMB Grow its International Payment Business Under the new collaboration, Ripple will…

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South Korea: Kakao and Terra Partner to Create Blockchain Ecosystem, dApps, and Stablecoins

Category: Altcoins, Blockchain, Business, Finance, News

South Korea: Kakao and Terra Partner to Create Blockchain Ecosystem, dApps, and Stablecoins

Kakao, South Korea’s largest mobile carrier, has signed a partnership with stablecoin project Terra to collaborate on a blockchain-based payments system, reported Korea Times on November 15, 2018. Kakao and Terra Partnership Kakao’s native blockchain platform “Klaytn” is a highly-scalable protocol with average block times of one second and the ability to deploy decentralized applications (dApps) for end users which…

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