Cryptocurrency

Kenya to create special unit for Cryptocurrency related issues

Kenya’s Capital Markets Authority (CMA) is proposing the creation of a special unit to handle ICOs and cryptocurrency related issues. CMA Chief Executive Paul Muthaura said the unit would include all relevant regulators in the financial market in the country. This is found in Capital Market Soundness Report, “Staying the course in a Turbulent World of Increasing […]

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Cryptocurrencies are real, JPMorgan Co-President Pinto says

Co-President of JPMorgan Chase Jerry Pinto knows that ‘cryptocurrencies are real, but he wants them really evolve to become a viable financial products. “Cryptocurrencies are real but not in the current form,” Pinto was quoted as saying by CoinTelegraph. The financial institution has been finding it hard to ignore the digital sector since bitcoin boom

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Visa, Worldpay accept responsibility for Coinbase overcharging

Two major payments partner of Coinbase, Visa and Worldpay have accepted responsibility for overcharging Coinbase customers. In one of our posts yesterday, we reported that Coinbase customers took to reddit and other social media channels to complain about huge charges they incurred buying cryptocurrency on Coinbase. Some of the customers concluded that the overcharges were

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Visa replies Coinbase on cryptocurrency overcharges, “It’s your fault”

Credit card and cash processing giant Visa is rebuffing the allegation that it’s responsible for overcharging cryptocurrency traders on Coinbase. “Visa has not made any systems changes that would result in the duplicate transactions cardholders are reporting. We are also not aware of any other merchants who are experiencing this issue. “We are reaching out

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Samsung’s ASIC Chips to compete with Bitmain (for Bitcoin Mining Rigs)

Samsung, owner of one of the world’s largest semiconductor manufacturing plants, has started manufacturing ASIC chips for Bitcoin mining, reports say. The electronic giant had completed the development of its ASIC chips in 2017 and began mass production this month (January, 2018). Report says Samsung has been supplying its ASIC chips to a yet-to-be-named Chinese

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Japanese Messaging App LINE Launches LINE NFT – NFT Marketplace

Japanese messaging app giant, LINE, officially launched its own Non Fungible Token (NFT) called LINE NFT on April 14, 2022. It partners with a major Japanese entertainment conglomerate, Yoshimoto Kogyo, is designed to offer approximately 40,000 different NFTs to its millions of users. What is LINE NFT? LINE NFT is a one-stop NFT marketplace that allows

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CoinCheck NEM Wallet Hacking: 10 Things We Know About Biggest Digital Asset Theft

Following the successful hacking and stealing of $534 million from CoinCheck NEM wallets, one of the Japanese largest cryptocurrency trading platforms Friday, January 26, 2018, here are some of the things you probably want to know: No. 1: Coincheck hacking is the largest cryptocurrency theft in the history of digital currency. It has left the

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