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Techsumi

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Month: October 2018

Posted on October 21, 2018

Bitfinex: The Rumors of “Insolvency”, Banking Partners’ Escape, and the Suspension of Fiat Deposits

Bitfinex brought back fiat deposits, but users are still reporting delays in processing transactions. Do the rumors of the exchange’s insolvency have something to do with its suspended banking partner relations and the sale of USDT?

Posted on October 21, 2018

Ethereum Devs Reach Consensus to Delay Constantinople Hard Fork Until January 2019

Ethereum core devs have officially decided to delay a planned hard fork, dubbed “Constantinople,” until January 2019 “at the earliest”

Posted on October 21, 2018

Ernst & Young Report: One Year on, ICOs’ Fate Is ‘Worse Than We Thought’

An EY report into “The Class of 2017” ICOs found that 86% of tokens are trading below their listing price, 71% have no working product

Posted on October 20, 2018

Gibraltar Gov’t Launches Advisory Group to Develop Blockchain-Related Educational Courses

The government and University of Gibraltar have created an advisory group to address the demand for new educational courses in DLT and smart contracts

Posted on October 20, 2018

Russian Draft Bill Lacks Core Crypto Terms After Recent Edits

Russian lawmakers in the State Duma have removed a definition of cryptocurrency mining from the draft law “On Digital Financial Assets”

Posted on October 20, 2018

Financial Action Task Force Adopts Changes to Standards Covering Virtual Currencies

The Financial Action Task Force has introduced changes to its anti-money laundering and terrorism financing rules covering digital currency-related firms

Posted on October 20, 2018

Report: North Korea-Sponsored Hacks Comprise 65 Percent of Total Crypto Stolen

Report: hacker group “Lazarus,” reportedly funded by North Korea, has stolen a staggering $571 million in crypto since early 2017

Posted on October 20, 2018

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, October 19

Some analysts believe that the calm in the markets is about to end. Do the charts point to a potential breakout or a breakdown? Let’s find out

Posted on October 19, 2018

Bitcoin Hedge Fund and CEO Slapped With $2.5 Million Penalty for Ponzi Scheme

A New York federal court has ordered a trading firm and its CEO to pay over $2.5 million in penalties for operating a fraudulent BTC Ponzi scheme

Posted on October 19, 2018

Bermuda Government Approves First ICO Under New Regulatory Regime

The Bermudian government has licensed the first ICO in the country under a new regulatory regime introduced by the premier in July

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