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Tag Archives: Increased

Stellar XLM Surges 17% Amidst Market Recovery and Increased Adoption

Stellar’s XLM surged 17% on Friday as the overall cryptocurrency markets posted gains, led by XRP, which was up 55% on a 24-hour trading period at the time of writing. The price rise of Stellar comes as the cryptocurrency is seeing increased adoption, specifically through IBM’s new cross-border settlement system – World Wire. On Friday, XLM’s price surged from just over ...

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Australian Regulator Hints at Increased Crypto Exchange and ICO Scrutiny

Australian regulator the Australian Securities and Investments Commission (ASIC) has revealed plans to increase scrutiny of cryptocurrency exchanges and Initial Coin Offerings (ICO) in its ‘Corporate Plan’ published this week. ASIC, which acts as a supervisory organ for financial market operators, highlighted the exchange sector as an area of priority through 2022. Specifically, the body plans to ensure any “threats ...

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Despite Crypto Mining Decline, Nvidia Will See Increased Revenue This Quarter

Analysts polled by FactSet suggest that Nvidia will see increased revenue this quarter despite “waning” cryptocurrency mining, Marketwatch reported August 10. The purported increase is due to strong demand for gaming devices and data-centers. While analysts suggest that the company’s revenue from crypto mining hardware will decline, the U.S.-based graphic processing units (GPU) manufacturer will see significant growth in its ...

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BlackRock Eyes Bitcoin Futures, Market Reacts to Increased Institutional Interest

The world’s largest exchange-traded fund (ETF) provider BlackRock announced the formation of a working group to assess potential involvement in Bitcoin (BTC), Financial News (FN) reports today, July 16. The move furthers a U-turn on BlackRock’s previously critical stance towards cryptocurrency.  Following in the footsteps of fellow giant Goldman Sachs, the cross-industry working group convened by BlackRock will among other ...

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Bank Blockchain Budgets Increased by 67% in 2017 – Crypto Currency News

The use of blockchain technology in the financial industry has seemed to be increasing recently, and proof can be found in a recent report in a recent report by the US-based market intelligence company Greenwich Associates. Greenwich interviewed over 200 participants in the study over blockchain budgets, team sizes, use case exploration, key challenges and other issues to get its results. ...

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US Crypto Lawyer David Silver On Why He’s To Thank For Industry’s Increased Gov’t Scrutiny

Silver Miller law firm seems to be involved in almost every crypto-related lawsuit out there today, representing aggrieved users who have allegedly lost money to crypto industry giants Coinbase, Cryptsy, Nano, Kraken, BitConnect, Monkey Capital, Giga Watt, and Tezos, to name a few. David C. Silver, a founding Partner of Silver Miller, spoke to Cointelegraph (CT) this week about his ...

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Trueplay.io Extends Private Investment Round Due to Increased Demand

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. TruePlay.io ...

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Increased SegWit Adoption May have Finally Solved Bitcoin’s Fee Problem

Join our community of 10 000 traders on Hacked.com for just $39 per month. A couple months after two of the largest cryptocurrency trading exchanges, Bitfinex and GDAX, finally adopted the bitcoin SegWit protocol, transaction fees for the currency are finally back to reasonable levels. Bitfinex, on February 20 2018, announced support for bitcoin deposit and withdrawals using P2SH Segregated ...

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Japanese Authorities Legitimize ICO Market Through Increased Regulation

In a bold move that looks to further legitimize cryptocurrencies and related technology, Japan has unveiled guidelines for the legalization of the sometimes controversial fundraising method, initial coin offerings (ICOs). A government-funded research group, the Center for Rule-making Strategies (CRS), has put forth a report that proposes “rules needed to establish ICO as a sustainable financing method.” As many of us know, an ICO ...

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