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Category: Crypto Hack/Files

MercadoLibre Dumps Crypto Days after PayPal’s $750 Million Investment

MercadoLibre, a Latin American e-commerce giant with a presence in nearly 20 countries, recently started warning users that cryptocurrency-related listings will be banned from its platform. The company made the announcement just days after receiving a $750 million investment from PayPal. $22 Billion Latin…

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SEC’s Senior Advisor for Digital Assets Valerie Szczepanik: Stablecoins May Be Securities

Senior advisor for digital assets at the United States Securities and Exchanges Commission (SEC) Valerie Szczepanik reportedly noted that stablecoins could experience issues under current securities laws. Blockchain-related news website Decrypt reported her comments on March 16. Szczepanik, also known as the Crypto Czar,…

Elon Musk: Bitcoin is ‘Brilliant, Far Better’ than Paper Money; Tesla Isn’t Jumping in Just Yet

Tesla and SpaceX CEO Elon Musk believes cryptocurrency is a far better medium of transferring value than paper money, specifically lauding bitcoin for its ‘brilliant’ structure. Nearly everywhere Elon Mask goes, people want to talk about Tesla. On Tuesday, however, the media magnet went…

JPMorgan Chase Launches Its Own Cryptocurrency: ‘JPM Coin’

JPMorgan Chase, the largest U.S. bank (and the world’s sixth largest), has created its own cryptocurrency, a stablecoin called “JPM Coin.” According to CNBC, J.P. Morgan “moves more than $6 trillion around the world every day for corporations in its massive wholesale payments business,”…

Over 90% of dApps ‘Did Not Record Transactions’, dAppRadar Data Shows | CryptoGlobe

This, according to data from DAppRadar – which was pointed out by Twitter user Kevin Rooke on February 9th, 2019. As Rooks explains in his tweet, 86% of ETH-based dApps had zero users last Saturday, while 93% did not record any transactions. Although there…

Argentina and Paraguay Settle Export Deal in Bitcoin in Landmark Event

Paraguay has reportedly recently paid for an Argentinian shipment worth little over $7,000 in bitcoin, the flagship cryptocurrency, in an apparent first for both countries. The deal was made as part of new program incentivizing small shipments. According to Cointelegraph en Español, Argentina sold…

Firm that helps people buy luxury goods with crypto records $250M transactions

… A company that offers the service of converting crypto to fiat in the form of luxury goods is reported to record a staggering amount of transactions. Elizabeth White, the founder and CEO of The White Company that offers the service admitted in an…

South Korean financial watchdog sticks to the decision of banning ICO

… A new update has emerged from the South Korean financial authority, the Financial Services Commission (FSC). The financial regulatory decided to maintain the ban enforced towards ICOs, based on the findings of the Financial Supervisory Service (FSS). Started September last year, the FSS…

Twitter CEO believes internet will have its native currency, possibly Bitcoin

… In an interview with Joe Rogan, Twitter’s CEO, Jack Dorsey answers the question on whether or not he will create his own cryptocurrency. He said that he has no plans for that at the moment, however, he expressed his personal view towards cryptocurrency…

Nasdaq Is Now Working With 7 Cryptocurrency Exchanges

Cryptocurrency exchanges that want to use Nasdaq’s proprietary surveillance technology need to have more than money. A team of about 20 people contribute to an elaborate due-diligence process aimed at ensuring that any exchange that wants to use the technology, which scans for fraudulent…

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