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Author: Crypto Coins News

Brazil’s Biggest Investment Firm XP Investimentos to Launch Cryptocurrency Exchange

Brazilian investment giant XP Investimentos, a financial services firm managing over $35 billion for over 500,000 clients, is reportedly going to launch a cryptocurrency exchange. According to the country’s Department of Federal Revenue, XP Investimentos has recently registered XDEX INTERMEDIACAO LTDA, whose registered capital is of about $7.3 million. Available data shows the new company … Continued

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Data Firm at Center of Facebook Controversy Planned $30 Million ICO: Report

Cambridge Analytica, a British data analytics firm, was planning to raise as much as $30 million by issuing a new cryptocurrency through an ICO before it got swept up in a scandal surrounding the misuse of Facebook Inc. personal data, sources familiar with the matter told Reuters on Tuesday. Cambridge Analytica had approached a company

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Ex-Google Employees Form Blockchain Alliance As Cryptocurrencies Catch Fire

Blockchain is sizzling amid escalating media hype about its vast potential applications in finance, supply-chain management, healthcare, and even the music business. Now, a trio of former Google executives have launched a new blockchain community whose goal is to develop and promote blockchain initiatives. The xGoogler Blockchain Alliance (GBA) is comprised of blockchain project managers, investors, … Continued

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Newsflash: Bitcoin Price Dives Below $7,900 after New York Opens Probe into Exchanges

Bitcoin price dove below $7,900 on Tuesday after the New York Attorney General’s office announced that it had opened an inquiry into the cryptocurrency exchange industry. The flagship cryptocurrency had traded above $8,000 for most of the day, with many analysts arguing it would embark on a bull run now that tax season is coming … Continued

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New York Tells Cryptocurrency Exchanges to be More Transparent

Cryptocurrency exchanges need to make transparency a greater priority, the New York Attorney General’s office said on Tuesday. Writing in a letter addressed to 13 cryptocurrency exchanges, New York Attorney General Eric Schneiderman’s office requests that companies provide information on a range of topics related to the operation of their trading platforms. “Representing a technological … Continued

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World’s Biggest Porn Site Pornhub Partners Verge to Accept Crypto XVG

Verge have been hyping the announcement of their new mystery partner for days, with the initial date pushed from yesterday to today, 17 April. After recent controversy over allegations of paid price pumping and issues with the Wraith Protocol, not everyone in the market reacted well to Verge asking for a crowdfund of 75 million

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CryptoKitties Isn’t as Popular as You Think It Is

Here’s a question. How many active users does CryptoKitties, one of the most well-known decentralized Ethereum applications (DApps), have? The answer is probably a lot less than you think. The game, originally created by Canada-based venture studio Axiom Zen, burst onto the DApp scene last year, and in almost no time at all the game

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IMF’s Lagarde Calls for Open-Minded, Even-Handed Cryptocurrency Policies

Cryptocurrencies are growing on IMF Chief Christine Lagarde. The bitcoin price is trading in the green again today and oddly enough may be getting some of its lift from some positive remarks from Lagarde, who is at the helm of the International Monetary Fund (IMF). Her message to the world is that “crypto-assets do not pose an immediate … Continued

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Ripple Wants Governments to End ‘Wild West’ Era of Cryptocurrencies

A senior Ripple official has called on British regulators to revisit their ‘wait and see’ approach to cryptocurrencies and called for new rules introduced by the likes of Japan. While cryptocurrencies are commonly seen as financial instruments meant to circumvent governmental controls or oversight from central banks, Ripple (XRP) – the world’s third-largest cryptocurrency with … Continued

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Blockchain Startups Leapfrog South Korea’s ICO Ban to List Coins

South Korea’s ban on ICOs may have slowed things down, but it hasn’t completely stopped the flow of new digital coins on local exchanges. South Korean startups have not shut the door on this fundraising method, despite the ban, and are instead domiciling their initial coin offerings abroad and then listing their digital coins on … Continued

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‘Many ICOs are Dubious, Downright Frauds’, Says Hong Kong Regulator

A senior official at Hong Kong’s securities regulator has, once again, reminded the public to be cautious of investments in initial coin offerings (ICOs). In a speech on new technologies on Friday, Hong Kong Securities and Futures Commission (SFC) deputy chief Julia Leung reiterated previous concerns of risks associated with initial coin offerings. “While we

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UK Banking Giant Barclays May Open a Cryptocurrency Trading Desk

One of the world’s largest investment banks is quietly holding high-level discussions about establishing a dedicated cryptocurrency trading desk. Bloomberg reports that Barclays Plc, the second-largest bank in the UK, has begun gauging client interest in setting up a cryptocurrency trading desk. The discussions are still preliminary, sources say, and the bank is attempting to … Continued

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