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UK Government Launches Cryptocurrency Investigation The Treasury Committee of the U.K. Parliament plans to launch an investigation into cryptocurrencies, namely, to examine how virtual currencies like bitcoin affect British investors and businesses. Even as cryptocurrencies have grown in popularity (and value), their future has remained unclear.
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Circle acquires cryptocurrency exchange Poloniex Circle just announced that it is acquiring U.S.-based cryptocurrency exchange Poloniex. According to Fortune, Circle is paying $400 million for the acquisition. Poloniex has been around for years and used to be one of the biggest exchanges out there — there are now many exchanges competing with ...
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Most Cryptocurrency Startups Still Alive And Kicking After 12 Months According to a report released last week by Bitcoin.com, an online news and cryptocurrency services company, 46% of startups that raised capital via initial coin offerings (ICO) are "dead already...despite raising over $104 million." On the other hand, it means 56% of these companies that issued their ...
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Iran May Move to Create Its Own National Cryptocurrency A government official in Iran recently tweeted that the country will be establishing a national cryptocurrency. If so, Iran would join Venezuela in creating a means of circumventing financial sanctions.
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The US Government Has Held Over $1 Billion in Seized Cryptocurrency The current ubiquity of cryptocurrency trading and investment worldwide means that even governments can't keep their hands clean of digital assets. While the U.S. federal government has yet to make any serious investments in bitcoin or its fellow cryptocurrencies, it turns out a surprising amount of ...
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Venezuela and Russia Are Collaborating on Cryptocurrency Delgado's Twitter statements were broad and vague, suggesting only that Russia and Venezuela were in discussions regarding the dubious new cryptocurrency, which is supposedly linked to Venezuela's oil reserves. (See more: Venezuela's Petro Isn't Oil-Backed. It's Not Even a Cryptocurrency.).
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Venezuela Launches Free Cryptocurrency Training Course For Citizens The Venezuelan government has launched a free cryptocurrency training course to teach its citizens how to buy, sell and mine digital currencies, particularly the oil-backed Petro that has been recently issued by the state, local news outlet Telesur TV reported on Saturday, Feb. 24. The opening of the ...
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The Black Swan Risk In Cryptocurrency Markets As most investors have already discovered, there are several risks associated with investing in cryptocurrencies. But one that is not often discussed is the black swan risk, says Matthew Hougan, vice president of research and development at Bitwise, a San Francisco-based cryptocurrency asset ...
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Robinhood App Launches Cryptocurrency Trading in 5 States Investors looking to buy and sell cryptocurrencies in California, Massachusetts, Missouri, Montana, and New Hampshire will now be able to avoid cryptocurrency exchanges. The mobile app Robinhood, customarily focused on stock trading, formally launched cryptocurrency trades in these five states, ...
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North Beach co-op says it will only accept payments in cryptocurrency A co-op in San Francisco's North Beach neighborhood will soon only accept cryptocurrency as payment for all its financial transactions, after it begins listing on Beenest, a short-term rental site dubbed "Airbnb on the blockchain." The co-op, named Serendipia, was created to be a network of problem ...
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