The cryptocurrencies continued their fall with a new series of losses on Friday after the Securities and Exchange Commission (SEC) thwarted hopes that a Bitcoin exchange fund would appear before the end of this year. Bitcoin, the largest cryptocurrency, plummeted to 8.2 percent, moving beyond $ 3400 (R48150) to the…
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Zug – The Crypto Valley Association (CVA) has elected five new board members at its 2019 Annual General Meeting: Daniel Haudenschild, Kevin Lally, Kamales Lardi, Mattia Rattaggi and Martin Berweger replace the outgoing board members Oliver Bussmann, Wasily Suvorov, René Hüsler and Nicolas Schobinger and will continue to drive the…
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The distortions on the cryptocurrency market not only impact speculators’ portfolios, but also leave their mark on the balance sheets of crypto companies. From a pending collapse of the young industry but according to the scene connoisseurs, there is no question. The falling prices of Bitcoin etcetera are forcing companies…
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SWIFT, the global system for handling cross-border payments, announced today that it will integrate R3’s open source blockchain solution into a proof of concept phase. Proof of Concept Blockchain integration The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is a global banking payment network. It works with more than 11,000…
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SWIFT, the global bank payment network, plans to start testing its GPI Link payment standard through the Corda platform of R3. SWIFT CEO Gottfried Leibbrandt said that integration is currently a proof of concept. The integration will allow the R3 blockchain software company to link to GPI (Global Payments Innovation)…
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Circle CEO Jeremy Allaire said in an AMA (ask-me-anything) that he believes the “core” of crypto values is undervalued. These statements followed after the Bitcoin price dropped to nearly $ 3,600. Allaire: The markets are oversold At a Reddit ‘Ask Me Anything’ meeting on January 10, Allaire stressed that his…
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While many Bitcoiners simply prefer to keep their currency, many also love to spend it. Throughout its history, more and more companies have integrated support for Bitcoin. It is no longer just to bet, you can buy almost anything with it. There are even private schools which accept Bitcoin as…
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According to a report from the start-up platform “the incubator” on 25 January, the Vienna-based payment service provider Transpaygo announced a future collaboration with Ripple to use its new xRapid payment system for international money transfers. The Viennese fintech company specializes mainly in money transfers for small and medium-sized enterprises.…
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On January 12, 2009 the first transaction was made between two people in the Bitcoin network, when Satoshi Nakamoto, creator (or group of creators) of the cryptocurrency, sent a total of 10 bitcoins to Hal Finney, a very active US cryptographer. in the development and implementation of this project. Several…
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Kevin Dowd is a Professor of Finance and Economics in the Business School at Durham University, and the co-author of the 2015 paper “Bitcoin Will Bite the Dust”. Here, we share an extract of his work to finally understand what is bitcoin about. Bitcoin will bite the dust Back in…
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