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Report Claims That 46% of All Funds Generated by ICOs Have Been Raised in Europe

Markets and Prices Research conducted by Atomico, a prominent European venture capital firm, claims that nearly half of all funds generated through initial coin offerings (ICOs) has been raised in Europe. The findings have been published in the third edition of Atomico’s State of European Tech Report. Also Read: The Ethereum …

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Is Bitcoin Shifting the Economic Balance of Power?

In just a few years of existence, Bitcoin has become the 6th most powerful currency on the globe. The popular digital currency now has more value than many developed nations and industry giants, while eclipsing some of the wealthiest people in the world. Bitcoin Is Surpassing the Powerful Bitcoin is …

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Azerbaijan Rejects Crypto as Means of Payment

Emerging Markets The chairman of Azerbaijan’s Central Bank (CBA), Elman Rustamov, has described the nation’s position regarding cryptocurrencies as ‘conservative’ according to local reports. Mr. Rustamov stated that the CBA does not recognize cryptocurrencies as a legitimate means of payment and that the central bank intends to develop a “legislative …

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Israeli Regulator: We Need to Welcome Cryptocurrency to Develop International ICO Hub

Regulation One of the toughest financial regulators in Israel has made some surprisingly positive comments today regarding the acceptance of ICO crowdfunding and cryptocurrency. The outgoing chairman of the Israel Securities Authority (ISA) talked about a need to foster the creation of an international financial center based on ICOs. Also …

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The Ban on Cryptocurrencies Continues – Indonesia Joins Ranks with Morocco, Ecuador, and Others

The ban on cryptocurrencies is moving across borders. This time, it is Indonesia, the Southeast Asian giant, that has decided to prohibit all cryptocurrency-related transactions. According to a local report by Pikiran Rakyat, Indonesia’s regulation will prevent payment providers from cooperating or meeting with bitcoin investors, miners, or traders. This announcement …

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Venezuela’s Maduro Announces Asset-Backed State Cryptocurrency

Venezuela’s president has announced that his country will issue cryptocurrency backed by reserves of oil and other natural resources. Venezuelan President Nicolás Maduro announced in a televised December 3 speech that his country will issue a cryptocurrency called “Petro,” the value of which will be backed by “the nation’s natural …

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Bitcoin-Based Ethereum Smart Contract and Sidechain Rival RSK Launches Today

Technology RSK Labs has announced that the main network of their Bitcoin-powered smart contract platform is launching in beta on Monday after more than two years of development. The company claims to have secured the support of 90 percent of Bitcoin’s hashing power for merge mining the RSK sidechain. All …

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CryptoKitties Becomes Largest Ethereum-Based Decentralized Application

CryptoKitties, the massively popular Ethereum-based digital kitten breeding app and collectibles marketplace, has surpassed major decentralized cryptocurrency exchange EtherDelta to become the largest decentralized application (dapp) on the Ethereum protocol by gas consumption. According to ETH Gas Station, the CryptoKitties Ethereum smart contract accounted for 13.94 percent of Ethereum’s transaction …

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Investors Hoping to Make a Killing off of Bitcoin May Not Get Rich After All

The value of Bitcoin continues to dominate the headlines as prices climb ever higher. This has attracted even more investors to venture into bitcoin mining, looking to make a killing off the digital currency. If you’re thinking about getting rich by mining bitcoin, though, think again. Much like panning for …

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US Government’s New Cyber Unit Files its First Charges Against “ICO Scam”

Featured US Securities and Exchange Commission (SEC) announced today its newly created Cyber Unit has filed a complaint against a Canadian initial coin offering (ICO) fraud “that raised up to $15 million from thousands of investors since August by falsely promising a 13-fold profit in less than a month.” It’s …

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