Cryptocurrency

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Cryptocurrency Derivatives in the UK at Risk of Ban, Taskforce to Have Final Say

By Admin . 14 November 2019 . Cryptocurrency Derivatives in the UK at Risk of Ban, Taskforce to Have Final Say

Cryptocurrency derivatives including futures, options and contracts for differences could potentially be prohibited in the United Kingdom in the near future.According to a statement issued by the Financial Conduct Authority (FCA), UK’s financial watchdog, consultations will be held between now and the first quarter of next year where a ban on crypto derivatives will be explored.“A separate consultation by Q1 2019 on a potential prohibition of the sale to retail consumers of derivatives (including contracts for differences, options, and futures) referencing certain types of cryptoassets…” read the press release.The consultations will be led by the UK Cryptoasset Taskforce which is comprised o...

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Ripple or XRP – If There Is a Difference, It Doesn’t Matter!

By Admin . 14 November 2019 . Ripple or XRP – If There Is a Difference, It Doesn’t Matter!

A group of us received an e-mail first thing this Sunday morning. A Ripple/XRP aficionado wanted to let us know we’re “very unprofessional” for interchangeably using the terms “Ripple” and “XRP.”The “XRP Army,” as it were, likely has its sights on CCN. We have no editorial policy regarding these terms in place. A writer is free to use whichever term makes their meaning clearer.Ripple fanatics believe that calling XRP “Ripple” is simply wrong. They want to be “crystal clear” – on what? Does anyone give a damn besides them? Why is a company 100% dedicated to the advancement of XRP reluctant to be confused with it? What in the actual hell? Imagine if Google and its fans got up in your face ever...

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$41 Million Binance Heist Will Trigger Regulators, Warns Billionaire Bitcoin Bull

By Admin . 14 November 2019 . $41 Million Binance Heist Will Trigger Regulators, Warns Billionaire Bitcoin Bull

The crypto bull was reacting to Binance’s statement that the attackers had targeted the exchange’s bitcoin hot wallet. The exchange lost about 2 percent of its total bitcoin holdings.The security breach occurred on Tuesday. The entire 7,074 bitcoins stored on the exchange’s BTC hot wallet were stolen.Using a variety of techniques including viruses and phishing, the hackers were able to obtain privileged information. This included user API keys and 2FA codes, per a statement released by the exchange.Bitcoin Bull Novogratz Is Right – Look at What Happened in JapanAmong the countries with high cryptocurrency adoption rates, Japan has suffered more than its fair share of crypto exchange hackings...

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