Bitcoin futures trading is up. American financial market company CME Group Inc. announced on Twitter early on the morning of Wednesday, October 17, 2018, that its futures products are experiencing rising volume, explaining, “In Q3, Bitcoin futures average daily volume rose 41% and open interest was up 19% over Q2.” This is a massive improvement …

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Following a partnership between Samourai Wallet and goTenna, which now allows users to send bitcoin transactions offline, one developer in New Zealand is staying ahead of the curve. Detailing the feat in a series of tweets, Rigel Walshe used a $27 entry level, Android smartphone and four goTennas (portable devices used to create off-grid radio signals) to successfully send …

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A U.S. cryptocurrency exchange is reporting dramatic increases in trading of tether (USDT), the controversial stablecoin that lost its dollar peg this week, and one of the new alternatives. At HBUS, the U.S. affiliate of the Singapore-based Huobi exchange, both deposits and withdrawals of USDT “have increased by over 10x over the last two days,” a company spokesperson …

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Crypto continues to move forward with Bitcoin comparisons to gold, stablecoin drama, a Binance partnership, and developments in blockchain’s impact on supply chain — all while Bitcoin attempts to break out. Here’s today’s action! Why Bitcoin Is Better Than Gold Bitcoin was explained as better than gold today, in an article stating – “Bitcoin is …

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When the Tether (USDT) stablecoin’s $1 peg broke down on Monday, traders looking for another dollar equivalent they could easily move between cryptocurrency exchanges had few other places to turn. One of those places was Bibox, the ninth-largest exchange by 24-hour adjusted volume, according to CoinMarketCap, which accounts for basically all trading – 96 percent …

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Average daily volumes for bitcoin futures trading saw a significant jump in the third quarter compared to the last period, according to CME Group. The firm – which launched bitcoin futures trading in December of last year – posted the results on Twitter on Wednesday. As the graph below shows, average daily volume hit 5,053 …

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The law offices of Pomerantz LLP in New York have filed a series of civil suits against MGT Capital Investment and its executive officers on behalf of several of the trading firm’s past or present customers. The suits allege that between October 9, 2015 and September 7, 2018, the company violated laws set forth by …

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Cobo, a Beijing-based cryptocurrency wallet startup, has closed a $13 million Series A funding round in its bid to expand its services overseas. The company announced the latest equity financing on Wednesday, which is backed by Danhua Venture Capital, the NEO Foundation and Wu Capital, a China-based family office and limited partner in funds created …

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Like Walmart with pork from China and Maersk with shipping containers, DMG Blockchain Solutions (DMG) is hoping to be the first global supply chain company to manage cannabis products on the blockchain, initially in Canada — and then around the world. Canada’s legalization of cannabis came into effect today on October 17, 2018, and Vancouver-based …

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The law offices of Pomerantz LLP in New York have filed a series of civil suits against MGT Capital Investment and its executive officers on behalf of several of the trading firm’s past or present customers. The suits allege that between October 9, 2015 and September 7, 2018, the company violated laws set forth by …

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It’s been a year since The Magical Crypto Friends have established an ad-hoc assembly in order to educate the public against the numerous attempts to overtake Bitcoin, and their commitment to the cause has been constant and seemingly-relentless. What started as an informative video podcast which slams SegWit2X, Bitcoin Cash (which is often referred to …

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This post was originally published here Binance, the biggest cryptocurrency exchange by trading volume, is working with crypto compliance and investigation software provider Chainalysis to implement a new global compliance solution, the companies announced Wednesday. As part of the partnership, Chainalysis will provide access to its “Know Your Transaction” compliance software, enabling the exchange to …

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This post was originally published here A Russian intellectual property startup has signed a memorandum with officials from Uzbek capital Tashkent to integrate blockchain for use in copyright, Russian state news agency TASS reports Tuesday, Oct. 16. The president of the Russian National Intellectual Property Transactions Coordination Center (IPChain), Andrey Krichevsky, met the head of …

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This post was originally published here “Airdrops are good for crypto users.” Those are the unequivocal words of cryptocurrency wallet and data provider Blockchain in a new white paper that sets out why it believes token giveaways can be beneficial for both individuals and the crypto ecosystem, while announcing a new program aimed to assist …

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Rwanda has partnered with a U.K.-based blockchain startup to trace the mining of the conflict metal tantalum in the country, according to the startup’s press release, published Oct. 16. Rwanda is the world’s leading producer of tantalum, the mineral used in consumer electronics such as smartphones and computers. By using blockchain technology in partnership with startup …

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Binance, the biggest cryptocurrency exchange by trading volume, is working with crypto compliance and investigation software provider Chainalysis to implement a new global compliance solution, the companies announced Wednesday. As part of the partnership, Chainalysis will provide access to its “Know Your Transaction” compliance software, enabling the exchange to monitor cryptocurrency transactions in real-time, according …

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This post was originally published here Fernando Haddad, the presidential candidate for the Brazil Workers’ Party, has published his government plan via blockchain, per an announcement published on his website Oct. 14. According to the release, Haddad decided to use blockchain technology for disseminating information about his presidential campaign after a long-term struggle with fake news reports. As information stored on a blockchain …

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Japanese car manufacturer Toyota has partnered with blockchain advertising analytics firm Lucidity to cut down on fraud when buying digital ads, according to a press release published Oct. 16. Formerly known as KR8OS, Lucidity was founded in 2017 in Los Angeles and offers an Ethereumblockchain solution to track supply chain payments, so advertisers can monitor how their funds are allocated. Through the new partnership with Lucidity, …

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Time and time again, gold naysayers have gone to great lengths to dispel its value. “You can’t eat gold,” they would say. This was, apparently, proof that gold is not, in fact, money. Now, the same sort of arguments are being leveraged against bitcoin. “You can’t even hold it,” “it’s too volatile,” “it’s imaginary money…” …

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“Airdrops are good for crypto users.” Those are the unequivocal words of cryptocurrency wallet and data provider Blockchain.info in a new white paper that sets out why it believes token giveaways can be beneficial for both individuals and the crypto ecosystem, while announcing a new program aimed to assist approved projects with token distributions “as …

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