Home » Tag Archives: Cryptocurrency

Tag Archives: Cryptocurrency

What Is DGTX Cryptocurrency? | NullTX

Newly listed on CoinMarketCap (with a current market cap of $5,221,377 and a price of $0.007459), the DGTX token was issued by the Digitex Futures Exchange. The team plans to launch a commission-free futures exchange sometime later this year. An Overview of the Digitex Futures Project At a time when some of the largest exchanges are being called into question ...

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Grammy Winner Akon to Launch Cryptocurrency Called ‘Akoin’

Akon, a Senegalese-American rapper and solar energy entrepreneur, plans to offer a cryptocurrency in two weeks to help improve conditions in Africa, according to Page Six. Speaking at the Cannes Lions International Festival of Creativity in Cannes, France, the entertainer and entrepreneur told a panel that cryptocurrency and blockchain technology could empower people in Africa and offer a more secure ...

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Decentralized Cryptocurrency Exchanges Are Finally Seeing Large Volumes, Led by IDEX

Despite skepticism from cryptocurrency traders and Ethereum users, decentralized digital asset exchanges are experiencing a rapid growth rate in terms of volume, led by IDEX, the most widely utilized decentralized application (DApp) on the Ethereum protocol. IDEX Overtakes CryptoKitties Throughout the past eight months, CryptoKitties, the Ethereum-based digital collectibles platform that enables users to purchase, sell, and trade digital collectibles ...

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Amsterdam Airport Unexpectedly Reveals Cryptocurrency ATM

Passengers visiting Amsterdam’s Schiphol Airport will now be able to trade their Euros for cryptocurrencies, through a newly launched cryptocurrency ATM. Schiphol Unexpectedly Announces Cryptocurrency ATM On June the 20th, Schiphol Airport announced the installation of its first cryptocurrency ATM. According to the blog post released by the airport, this is going to be the first cryptocurrency ATM installed in ...

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Rapper Akon Creates ‘Akoin’ Cryptocurrency for Use in Senegal’s ‘Akon Crypto City’

Rapper and singer Akon of twelve Billboard Top Ten Hits, including the famous “Smack That,” has announced the creation of his own cryptocurrency for use in his new African “Akon Crypto City,” Page Six reported yesterday, June 19. During a panel at Cannes Lion, Senegal-descended Akon said that his cryptocurrency, the Akoin, will be available in two weeks for use ...

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Cryptocurrency Regulations Becoming More Lenient Around the World

Both in New York state in the United States and in South Korea, regulations are becoming more lenient. In New York, Square Cash, the payments app founded by Jack Dorsey, received the elusive Bitlicense from regulators. The Bitlicense was launched in 2015 and has since received numerous complaints from entrepreneurs for the burden that it places on innovation. This is ...

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South Korean Bithumb Exchange Loses $30M in Latest Cryptocurrency Hack …

Hackers have reportedly made away with cryptocurrencies worth $30 million from Bithumb, South Korea’s leading exchange, according to reports from a blog update. The exchange states that due to the hack, deposits and withdrawals will be temporarily suspended until further notice. Bithumb’s blog post reads “Due to security issues; we are changing our system regarding deposits of cryptocurrency. All of ...

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What Are Cryptocurrency Trusts? | NullTX

The topic of cryptocurrencies and taxes has been kicked around a fair few times. It seems cryptocurrency trusts offer a legal method of avoiding taxes. They are not necessarily for everyone, yet they do raise some interesting issues. The Future of Cryptocurrency Trusts It has become apparent that not everyone wants to pay taxes on their Bitcoin holdings, either due to ...

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Bithumb Hack Prevents Corrective Cryptocurrency Rally, Market Drops

South Korea’s biggest cryptocurrency exchange Bithumb experienced a hacking attack that led to a $30 million loss on June 20, leading the cryptocurrency market to drop by $6 billion within hours. Major cryptocurrencies such as Bitcoin, Ethereum, Ripple, and Bitcoin Cash, which successfully picked up some momentum throughout June 17 to 19, ended their corrective rallies and have fallen by ...

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15% of Metropolitan Bank’s Deposits are Owned by Cryptocurrency Investors

Metropolitan Bank, a commercial bank based in New York, has revealed that more than 15 percent of the bank’s deposits are made by cryptocurrency investors and clients, and that the bank is willing to continue its support for digital asset traders. In an interview with Leigh Cuen of Coindesk, Metropolitan Bank CTO Nick Rosenberg said: “We’re certainly very interested in ...

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