Month: November 2018

Major Car Dealerships and Airport Limos in Japan Begin Accepting Cryptocurrencies

A regulated cryptocurrency exchange in Japan has partnered with two companies to enable cryptocurrency payments for their businesses. Hinomaru Limousine has started accepting payments in cryptocurrencies for its airport taxi service while Carchs Holdings allows crypto payments at its used car dealerships. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Airport Car Service by …

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What Is the Request Network (REQ)? | The Only Guide You’ll Need

What Is the Request Network? The Request Network (Request for short) is an Ethereum-based, decentralized payment system in which anyone can request a payment and receive money in a secure way. It removes the need for trusted third parties to provide a cheaper and more secure payment solution that works with all global currencies. Request …

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Venezuela’s Supreme Court Orders Payment in National Cryptocurrency

Venezuela’s Supreme Tribunal of Justice has ordered a compensation payment of 266 petros, the country’s national cryptocurrency, in a workplace injury case. Meanwhile, the Venezuelan government has launched the petro savings plan, backed by 4 million of the digital currency. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Venezuela’s Supreme Court Recognizes Petro The …

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Cryptojacking, Hacks, and Scams: N.Korea Is Ramping up Cyber Attacks

The North Korean government is currently facing a flurry of accusations related to cryptocurrency hacks, cryptojacking attacks, and money laundering. Its regime, which is currently reeling from sanctions imposed by the United States government, is believed to be backing cryptocurrency scams and hacks to obtain badly needed funds. Cryptojacking in South Korea According to the …

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Taiwan Passes Law to Crack Down on Anonymous Cryptocurrency Transactions

The Taiwanese government has amended its laws that regulate cryptocurrency transactions. The revisions reportedly give the country’s Financial Supervisory Commission “the authority to crack down on anonymous virtual currency transactions.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Amendments Passed The Legislative Yuan, Taiwan’s highest legislative body, on Friday passed some amendments to existing laws aimed …

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ICO Roundup: SEC Annual Report, Israeli Offerings Raise $600 Million, Rapper Sued

The annual report of the SEC’s Division of Enforcement has detailed the actions taken against initial coin offerings during the preceding financial year. Also, a report published by One Alpha estimates that Israeli ICOs have raised more than $600 million during 2018, and 25 investors have filed a lawsuit accusing rapper T.I. and his business …

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A Brief History of Bitcoin Futures and What Comes Next

Bitcoin futures are a relatively recent development following regulatory approval at the end of 2018. They allow trading against the future value of Bitcoin but without using exchanges. The introduction of bitcoin futures has provided some interesting developments over the course of this year. Here, we take you through a brief history of bitcoin futures …

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‘Decentralized’ Exchange IDEX to Introduce Full KYC

IDEX, the world’s most popular decentralized exchange, is to transition to a full verification model. The move comes days after the platform began excluding residents of New York State as part of its compliance efforts. Its latest measure, described by IDEX as “pragmatic decentralization” has drawn ire from a segment of the cryptocurrency community. Also …

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