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Cryptocurrency market capitalization exceeded $ 2 trillion

Cryptocurrency market capitalization exceeded $ 2 trillion

Posted by  on  06/04/2021
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According to Goingecko, the cryptocurrency market capitalization has surpassed the $ 2 trillion mark. On Coinmarketcap, the market is still valued slightly lower, at $ 1.97 trillion. Bitcoin’s capitalization still exceeds the combined value of all other cryptocurrencies – its dominance index today is close to 56%. Together with ether (capitalization $ 243 billion), they “weigh” 67.5% of the entire market. The third is Binance Coin with a capitalization of $ 57.7 billion. The cryptocurrency
Bank of Thailand studies public opinion on digital baht issue

Bank of Thailand studies public opinion on digital baht issue

Posted by  on  05/04/2021
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The Central Bank of Thailand (BoT) has opened a public discussion on the launch of the government’s digital currency and its capabilities. The regulator accepts comments until June 15th. The Bank of Thailand has published an advisory report on the prospects for the digital Thai baht launch. According to the document, the state digital currency is considered a safe means of payment and can be used along with cash. The digital baht will be available
British regulator reported on fraudulent firm Blockchain Recovery Association

British regulator reported on fraudulent firm Blockchain Recovery Association

Posted by  on  05/04/2021
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The UK Financial Conduct Authority (FCA) has reported on a firm called the Blockchain Recovery Association posing as a legitimate company with an FCA license. The regulator reported on the increased incidence of cryptocurrency fraud, when cybercriminals carry out phishing attacks under the guise of the names of licensed companies. One such scheme was the Blockchain Recovery Association, whose founders sent emails to potential investors and also made cold calls. The cybercriminals pretended to be
Harvard researchers estimated the cost of attacks on the Ethereum signal chain

Harvard researchers estimated the cost of attacks on the Ethereum signal chain

Posted by  on  02/04/2021
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Researchers at Harvard University described two strategies for attacking Ethereum 2.0’s Beacon Chain: malicious block reorganizations and deferral of finality, and also estimated their cost. Four researchers at the Harvard School of Engineering and Applied Sciences – Michael Neuder, Daniel Moroz, Rithvik Rao, and David Parkesk – have described two possible ways to attack the signal chain Ethereum 2.0. In the first strategy, an attacker can confirm the wrong block by initiating so-called “private forks”.
Anchorage and Prometheum will launch an alternative trading system for digital assets

Anchorage and Prometheum will launch an alternative trading system for digital assets

Posted by  on  02/04/2021
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Custodian service Anchorage, in partnership with the Prometheum platform, plans to launch an alternative trading system for digital assets after receiving regulatory approval. A publicly available alternative trading system will enable investors to trade digital assets. If approved by regulators, the system will be overseen by the US Securities and Exchange Commission (SEC) and the Financial Institutions Regulatory Agency (FINRA). The marketplace will be owned by Prometheum’s subsidiary, Prometheum Ember ATS (“PEATS”), and will act
Ethereum Miners Bypass Nvidia’s Limitations For RTX 3060 Graphics Cards

Ethereum Miners Bypass Nvidia’s Limitations For RTX 3060 Graphics Cards

Posted by  on  01/04/2021
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One of the Ethereum miners was able to finally eliminate the software hashrate restrictions set by Nvidia and launch a farm of seven GeForce RTX 3060 video cards. In February, GPU maker Nvidia announced that it would release a custom driver that would halve the hashrate of RTX 3060 graphics cards, to around 21 MH / s. This was done to reduce the demand of miners for such video cards in order to keep them

FCA obliged cryptocurrency firms to report money laundering risks

Posted by  on  01/04/2021
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The UK Financial Conduct Authority (FCA) has mandated cryptocurrency firms to provide annual reporting on the potential risks of financial crime associated with cryptoassets. UK financial institutions have been required to report suspicious transactions annually since 2016. However, in August, the regulator suggested that cryptocurrency firms provide additional reporting on possible money laundering risks, regardless of their annual revenue. Previously, only 2,500 of the 22,000 firms controlled by the FCA had to provide such information.
Reuters: PayPal To Add Cryptocurrency Payments Support For 29M Merchants

Reuters: PayPal To Add Cryptocurrency Payments Support For 29M Merchants

Posted by  on  31/03/2021
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PayPal Holdings will open up the ability for US customers to use cryptocurrencies to pay for goods and services around the world. At the time of purchase, crypto assets will be converted to fiat currencies. As reported by Reuters, today payment company Paypal will announce support for cryptocurrency payments to pay for goods and services. Customers holding BTC, ETH, BCH and LTC in PayPal digital wallets will be able to convert their crypto assets to
CME Group will launch “microfutures” for bitcoin on May 3

CME Group will launch “microfutures” for bitcoin on May 3

Posted by  on  31/03/2021
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Chicago Mercantile Exchange CME Group plans to launch micro-futures on Bitcoin with a nominal value of 0.1 BTC on May 3. This will expand traders’ access to the digital asset market. CME started trading Bitcoin contracts in December 2017. Then the size of one contract was set at 5 BTC. At the current exchange rate, this is almost $ 300 thousand, and only large investors can trade such contracts. CME Group’s head of stock indices
Visa and Crypto.com Conducted First Test Transaction in USDC

Visa and Crypto.com Conducted First Test Transaction in USDC

Posted by  on  30/03/2021
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The operator of bank cards Visa, together with Crypto.com, launched a pilot program to conduct international transactions using the USDC stablecoin on its network. The partners have already completed the first test transaction in USDC: Hong Kong-based payment company Crypto.com has sent tokens to the Visa address through the custodian company Anchorage. Visa said that cryptocurrency payments are usually converted to fiat currencies when making payments, which implies certain complications and costs. The new service,