Bitcoin Laundry: Keep your Bitcoin fresh, clean, and safe from prying eyes

Many cryptocurrency users think that digital will keep their investments safe from governments and tax authorities. However, the IRS is catching up with blockchain technology, launching new collaborations with blockchain forensics companies like Chainalysis to track Bitcoin transactions and determine the real-life identities of Bitcoin owners. It’s never been more important to protect the anonymity…

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Blockchain Startup Axoni Secures $4M USD Investment From HSBC

Banking giant HSBC has invested $4 million in New York-based blockchain startup Axoni. The investment is part of Axoni’s Series B funding round, bringing the total amount raised in the round to $36 million. Other investors include Goldman Sachs, NYCA Partners, Andreessen Horowitz, Citi, Coatue Management, Digital Currency Group, F-Prime Capital, Franklin Templeton Investments, JP…

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Iran Disconnected From SWIFT, Launches State Backed Crypto Rial

Global provider of secure financial messaging services, SWIFT, has ousted the Central Bank of Iran (CBI) from its financial banking system. The US-led sanctions will make it difficult for Iran to settle its international deals. In response, the authorities in Iran have accelerated the development of their state-backed national digital currency. Central Bank of Iran’s…

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CryptoKitties Creator Gets Millions in Investment From Google And Samsung

Dapper Labs, a Canadian firm and the creator of the famous CryptoKitties, has received a $15 million in funding from Google, Samsung, and the Rockefeller Family. For Google and Rockefeller, investment was made through their respective venture arms, i.e., Alphabet and Venrock. Dapper Has Raised $ 27.85 Million So Far The funding follows another funding round early this…

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Comparison of Bitcoin Price Analysis from 2017 to 2018

Bitcoin is notoriously unpredictable. Since its inception almost 10 years ago, this cryptocurrency has gone through boom and recession that often defy logic – with some people calling it the “magic internet money”. Unprecedented Rise Still, with this shaky history, bitcoin’s abrupt price rise on 12 April 2018 was exceptional. In about one hour, its…

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Bitfury Raises $80 million from Korelya, Macquarie, Mike Novogratz

Blockchain technology company, Bitfury, has raised $80 million from a number of global institutional and corporate investors. Led by Korelya Capital, the private placement was joined by Macquarie Capital, Asian financial institution Dentsu Inc., European investment company Armat Group, European fund managers Jabre and Lian Group, Argenthal Capital Partners, insurance group MACSF and Mike Novogratz’s digital asset…

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IOTA Price Analysis: EOS Demand High as IOTUSD Reverse from 50 Cents

Today, odds are we might see higher highs after 10 days of horizontal and price inactivity. Therefore, following 90+ percent drops from 2017 highs, IOTUSD, EOSUSD, LTCUSD and TRXUSD could print higher by end of week. Let’s have a look at these charts: EOS/USD: EOS Price Analysis Even with “unacceptably” low trading volumes and thin…

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Rwanda Announces Blockchain Platform to Eradicate Conflict Resources From Supply Chain

The government of Rwanda is leading an innovative mineral traceability initiative using blockchain. To that effect, the project is working with U.K.-based startup Circulor and its blockchain powered supply chain platform to record the provenance of metals in order to eradicate sources of funding for conflict minerals. Circulor to Help Rwanda Comply with International Agreements Tantalum…

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XRP Crashes 40% From September High

This year has been a strange one for XRP (and digital currency in general!), the token has seen fluctuation after fluctuation and the price has never stayed in one area for a long period of time. The token, owned and designed by Ripple, has recently seen a change in price over the past month and…

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ShapeShift CEO strikes back at WSJ, says they prevented victims of scams from recouping funds

Recently, the Wall Street Journal published an article about ShapeShift being used by criminals to carry out money laundering activities. The CEO of ShapeShift, Erik Vorhees, responded to the article, stating that it was riddled with “factual inaccuracies”. He also stated that the report withheld information about suspicious wallet addresses, causing individuals to have difficulties…

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5 Things To Expect From This Year’s Delta Summit In Malta

The Maltese government has a unique claim to fame. This year it will host the world’s first state-official blockchain event, solidifying Malta’s reputation as a pioneer in this nascent industry. Attendees from all over the globe are expected to attend the two-day Delta Summit between 3rd and 5th October this year. The event serves as…

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TechCrunch Founder Shuns US, Congressmen Demand Clarification From SEC, Battlegrounds Laid For the Fight at Capitol Hill

Michael Arrington, TechCrunch founder named by the TIME Magazine as one of the most influential people in the world in 2008, has stated he will shun US over SEC’s behavior regarding ICOs. Arrington said: “We received a second subpeona from the SEC, again collecting information from us as investors in a U.S. company. The legal costs of…

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Ripple’s MoneyTap app gets green light from regulators, SBI Ripple Asia to launch app soon?

On 26th September, Ripple’s partner and Japanese Fintech giant SBI holdings announced today that its subsidiary SBI Ripple Asia is registered as a substitute agent for electronic payments. The registration was completed earlier today under the Act No. 2 of the Kanto Local Finance Bureau, Electronic Settlement Agency No. 2. The announcement stated that only…

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Blockchain Technology has Freed Humanity from ‘hired slavery’ – John McAfee

Blockchain technology has been used to achieve many things since its creation. But for John McAfee the founder of McAfee Asssociates who is best known for his “unhackable wallet” story, blockchain’s greatest achievement has been the freedom it brought to humanity by creating a “permissionless” society. McAfee mentioned this during an interview on CoinsBank Blockchain…

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Is Ripple The Company Distancing Itself From Their Digital Asset XRP?

XRP is the native token of Ripple. What we know now as simply XRP was part of a rebrand that seemed to be designed in order to highlight the distance there is between Ripple and XRP. There have been a few theories that were discussed regarding the subject that involve the reasons for which this…

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PayPal Suspends Infowars From Its Platform. Crypto The Answer?

Alex Jones’ platform, Infowars to be suspended from using PayPal’s payment processor for accepting payments from site users on the platform. To confirm this, Nathaniel Popper, who is a New York Times journalist had tweeted about PayPal’s proposed action, saying “PayPal has indeed told Infowars they will need to get a new payment processor —…

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Exclusive: XRP Tip Bot to get a revamp to V2; development on XRPL moves away from Ripple

The XRP Tip Bot is one of the XRP community’s most used and loved additions to the XRP Ledger. Now, in an insider scoop to AMBCrypto, Wietse Wind, the creator of the Bot, announced that it will be undergoing a revamp. The new version of the XRP Tip Bot will include a completely redesigned user…

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6,000 Bitcoins Stolen From Japanese Exchange

Cryptocurrency exchange Zaif announced on Thursday that a recent hack has resulted in the loss of 5,966 bitcoins (BTC) and a total of $60 million USD worth of bitcoins, Bitcoin Cash (BCH) and MonaCoin (MONA). However, the size of the theft could be larger since the total number of lost BCH is still unknown. The…

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Straight From The CEO: Fidelity Is About To Dip Its Toes In The Crypto Business

The CEO of Fidelity Investments is no longer holding any horses about the company’s plan to try its hand in the crypto stuff. According to the top-ranking official, Abigail Johnson, Fidelity is still on the job to come up with a few blockchain and crypto-related products to be rolled out into the market sometime before…

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Blockchain Buds: Tracking Cannabis From Seed To Sale

Cryptocurrency and cannabis are two of the most exciting emerging industries in modern times. Both are constant topics of discussion in media and politics on national, state, and local levels. We covered several aspects of the cannabis industry and crypto’s green rush, but most of it is honestly little more than kitsch value. Hempcoin is…

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