Encrypted Email Service Tutonata Tests Cryptocurrency For Payments

Tutanota, a provider of an encrypted email service, has begun to accept donations in bitcoin, ether, bitcoin cash and monero in order to test payment processing using cryptocurrencies, the company announced in a blog post. The German firm noted that it wants to support decentralized payment systems that are independent of centralized processors such as

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Quebec Approves Energy Rate Hikes for Bitcoin Mining Firms

Bitcoin mining firms looking to set up shop in Quebec will now have to pay more for electricity. This is after the energy regulator of the Canadian province, Régie de l’énergie, gave the region’s utility firm, Hydro-Quebec, the go-ahead to impose a deterrent tariff that will see cryptocurrency miners paying double the rate that is

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CFTC Issues New Warning on Utility Tokens & Other Cryptocurrencies

The United States Commodity Futures Trading Commission (CFTC) has issued another warning to consumers, advising them to exercise caution and carry out comprehensive research before investing in any cryptocurrencies, including those advertised as utility coins or consumption coins. The alert, which came in the form of a Customer Advisory warning posted on the CFTC website

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Coinbase CEO Tops Rihanna in Fortune’s 40 Under 40 List

The cryptocurrency industry is now having a huge impact on contemporary culture, gaining recognition not only as a part of the financial industry but as a considerable cultural and economic force in its own right. If the latest 40 Under 40 list by Fortune Magazine is anything to go by, a 24-year-old Russian-Canadian programmer from

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OKEx, Malta Stock Exchange Partner to Develop Security Token Trading Platform

Malta continues to be at the forefront of the crypto space with OKEx, one of the world’s largest cryptocurrency exchanges, announcing a partnership with the Malta Stock Exchange to create a new security token trading platform. The new exchange will operate under the name OKMSX and bring together OKEx‘s expertise in the digital assett market along

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Billionaire Investor Says No One Wants to Buy Bitcoin, Market Shows Otherwise

Ken Griffin, a billionaire hedge fund manager at Citadel, has said that not a single portfolio manager he knows is interested in the crypto market. At the Delivering Alpha Conference in New York, Griffin said: “I don’t have a single portfolio manager [of mine] who has told me we should buy crypto, not a single

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JPMorgan Wants to Use Blockchain to Issue ICO Tokens

American investment banking giant JPMorgan Chase is pursuing a patent for a distributed system that uses blockchain technology to issue virtual depository receipts that sound suspiciously like initial coin offering (ICO) tokens. JPMorgan Wants to Host IPOs on a Blockchain The patent application, filed by JPMorgan in January and published by the U.S. Patent &

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Barclays Pursues Blockchain Patents to Create Digital Currency Network

Barclays, the UK’s biggest bank, has applied for three U.S. patents that collectively outline a system that uses blockchain technology to combine the pseudonymity of cryptocurrency with the legacy financial system and its KYC/AML regime. The London-based bank first applied for the three patents in July 2016, though they were only published by the U.S.

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Bitcoin Rally Converts Staunch Bear, Sees Price Breaking Above US$8,000

Whether it is FOMO or a conscious judgment, bitcoin bears seem to be fastening their seatbelts for a ride to the moon too. According to Boris Schlossberg, the managing director of FX Strategy at BK Asset Management, the fact that bitcoin had broken above the US$7,000 level was a possible indication that there was still

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Fmr. Trump Advisor Steve Bannon is Building a Utility Token for the Global Populist Movement

Former Trump advisor Steve Bannon may no longer have an office down the hall from the U.S. president, but he still thinks he can have a profound impact on the world — using cryptocurrency. Bannon, who served as White House Chief Strategist during the first year of Donald Trump’s presidential administration, provided a glimpse into

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