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Tag Archives: Targets

Ripple Targets China | Large Financial Market to be Discovered

Ripple, the third largest cryptocurrency project by its total market cap, confirmed that it is targeting the large Chinese market with its cross-border blockchain payment technology, CNBC reported this morning. Ripple targets China despite China’s anti-cryptocurrency reputation? Here’s why. Ripple Targets China Jeremy Light, VP of European Union Strategic accounts at Ripple, had a phone interview with CNBC and said, “China ...

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Blockchain Among Targets of South Korea’s $4.4 Billion Domestic Investment Plans for 2019

South Korea announced it would “nurture” eight sectors of the domestic economy, including blockchain, by investing 5 trillion won (about $4.4 billion) next year, local media outlet Yonhap reports Monday, August 13. According to the results of a meeting involving the country’s finance ministry, the government opted to increase the amount spent on areas such as blockchain, big data and ...

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Americans are the Main Targets for Crypto Hackers, New Study Reveals

A research which studied user data leaks from cryptocurrency exchanges has revealed that Americans are the main targets for cryptocurrency hacks. The study was conducted by Group-IB, a Russian based computer forensics and information security firm, who revealed their findings in a report titled “2018 Cryptocurrency Exchanges-User Accounts Leaks Analysis.” The firm revealed that in 2017, the number of “compromised ...

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Japan Targets Speculative Cryptocurrency Investments in Regulatory Revamp

Japan’s primary financial regulator is reportedly looking at updating its regulatory framework for the cryptocurrency sector to curb speculative investments. In April 2017, the Financial Services Agency (FSA) – Japan’s financial regulator – enforced new legislation that revised the Payment Services Act to recognize cryptocurrency as legal tender. The regulatory move was pioneering at the time wherein a major economy ...

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AxiomLevel Targets Institutional Investors With Investor Onboarding …

The slow trickle of traditional investment into the crypto market may turn into a flood if a new platform launched by blockchain services provider AxiomLevel Technologies makes its desired impact. AxiomLevel’s investor onboarding platform serves as a finance industry solution that caters toward institutional players with  investor registration, verification and management. It contains a comprehensive know your customer (KYC) module, ...

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IOTA Price: Surprising Uptrend Targets $1 Resistance

The cryptocurrency industry is very volatile and strange at certain times. Price changes tend to occur when people least expect it, albeit that is part of what makes the industry so appealing to investors and speculators. In the case of the IOTA price, things are finally looking up after a few rough days. Maintaining this positive spell will be a ...

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Romania Targets Cryptocurrencies With New Electronic Money Law

Romania has become the latest country to institute a regulatory process expressly targeted at cryptocurrencies and digital currencies. A draft of an Emergency Ordinance published by the Romanian Ministry of Finance sets out the conditions and requirements that must be met by an issuer of electronic money in the Eastern European country. According to the draft bill, the issuer must ...

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New Bitcoin Scam Targets Embarrassed Porn Viewers

A new scam has begun targeting porn viewers in an attempt to blackmail victims and extort $1,900 — and they only take bitcoin. Via malware, the scammers claim to have compromising footage of viewers taken from the would-be victim’s webcam while pornographic videos were playing. The scam email sent to victims begins by revealing to them their own password — presumably ...

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Bitcoin (BTC) Price Watch: Potential Bounce Targets

Bitcoin Price Key Highlights Bitcoin price is still inside its short-term ascending channel but is on its way to test support. If the near-term floor holds, the Fibonacci extension tool on this pullback shows the potential upside targets. Technical indicators are suggesting that the rally could carry on from here. Bitcoin price looks prime for a bounce off its short-term ...

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