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Bitcoin Scam Used New Zealand’s Prime Minister as an Endorsement

New Zealand’s Prime Minister, Jacinda Ardern, is the latest high-profile individual to be used in perpetuating a cryptocurrency scam. According to the Prime Minister’s office, various ads bearing her image have appeared on social media network Facebook with the intention of persuading citizens of the Asia Pacific country to invest in a cryptocurrency startup. To add to the legitimacy, the ...

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Boxing Legend Manny Pacquiao’s Cryptocurrency Could Launch This Year

Manny Pacquiao’s long-awaited cryptocurrency could launch by the end of the year. According to a StraitsTimes report, Singapore based Global Crypto Offering Exchange (GCOX) is in charge of the launch of the Pac Tokens, the cryptocurrency that leverages on the popularity of the Philippine boxing legend. The news outlet quoted GCOX chief communications officer Evan Ngow who said the only delay being ...

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What’s Causing 2% Bitcoin Premium on Bitfinex? Possibility of Arbitrage

On Bitfinex, a leading cryptocurrency exchange, Bitcoin is being traded with a 2 percent premium based on the current price of $6,285. As BitMEX Research revealed, the premium of Bitcoin on Bitfinex continued to increase throughout the past week, during a period in which Tether (USDT) started to demonstrate a decline in price. Currently, on Bitfinex, all traders are requested ...

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Watch out Wall Street, Blockchain is Coming: Fmr. JPMorgan Exec.

Blockchain innovator and former JPMorgan head of commodities Blythe Masters spoke at the London Metal Exchange annual dinner during the LME Week to say that blockchain is coming to commodity markets to introduce heightened confidentiality, reduce paper waste, and improve provenance and productivity. Masters — who became managing director at JPMorgan at the age of 28 before becoming the head of ...

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Investors are Optimistic in Acquisition of Korea’s Largest Crypto Exchange

On October 12, CCN reported that BK Global Consortium, the parent company of Singapore-based BK Medical Group, has acquired a 50 percent stake in Bithumb, South Korea’s largest crypto exchange. Kim Byung-gun, a prominent plastic surgeon and blockchain investor, finalized the deal between BK Global Consortium and Bithumb, officially acquiring the leading cryptocurrency trading platform at a valuation of $350 ...

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How Blockchain Can Make Passwords a Thing of the Past

REMME CEO Alex Momot spoke with CCN recently about the project’s goal to eliminate the need for passwords and related security problems using something he calls a “digital passport” that operates on a blockchain. Blockchain Tech Can Make Passwords Obsolete Instead of the password/username architecture, each user device is issued an SSL certificate. The certificate data is stored on the ...

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French Grocery Chain Integrates IBM’s Food Trust Blockchain

IBM has been flirting with blockchain technology for years. The former PC manufacturer has quietly built multiple blockchain technologies while more obviously innovating in spaces like artificial intelligence with its Watson technology. One area of keen interest as to what the blockchain is capable of is product information, tracking, and so forth. More specifically, food safety and supply chain transparency. ...

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Tether Will be Replaced by New Stablecoins, Better for Crypto

On October 3, the price of Tether fell by more than 1 percent, creating a premium on crypto exchanges for traders purchasing major digital assets like Bitcoin with the stablecoin. In an exclusive interview with CCN, respected cryptocurrency trader and analyst Alex Krüger stated that Tether will likely not crash in the short-term, but the possibility of it imploding is ...

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Korean Energy Trading Giant ‘STX Corporation’ Enters the Cryptocurrency Market with ‘Hanminer’ SHA256 Miners

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. SEOUL, ...

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GDPR is ‘Kryptonite’ to Google and Facebook, Brave Executive Tells EU

Brave Browser has described how a core principle of GDPR called “Purpose Limitation” can be used to prevent anti-competitive behavior by Google and Facebook. In a recent letter to the EU Anti-Trust Chief Margrethe Vestager, the company offered its submission on the topic of shaping competition policy in the era of digitization. PURPOSE LIMITATION TO CURB GOOGLE AND FACEBOOK’S EXCESSES ...

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