NEOs QLC Chain (formerly QLink) Secures Partnership with China’s Leading Cloud Service Provider

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QLC Chain, an ICO borne from the NEO blockchain and formerly QLink, has announced that its next generation Network-as-a-Service platform has partnered with Montnets Group, premier cloud communications service provider in China and publicly listed company. The partnership will be realised through a joint venture that will target ‘hundreds of thousands of enterprise customers’, according to an official release. Among…

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Japan’s FSA Prepares to Punish Major Cryptocurrency Exchanges, Again

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Japan’s Financial Services Agency (FSA) is yet again preparing to hand down punishment to several major cryptocurrency exchange operators in the country, including prominent exchange bitFlyer. The move represents the third time in just one year that the FSA has had to reproach digital asset exchanges, indicating that tough new rules on internal control mechanisms are yet to be adhered…

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EOS Poised to Make Recovery Following Controversial Emergency Account Freezes Over Weekend

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The EOSIO blockchain’s native token, EOS, has rebounded along with the rest of the cryptocurrency market today as it looks to shake off more controversy over the weekend. On June 17, this Sunday passed, the top 21 EOS block producers (BPs) collectively decided to lock seven accounts that they deemed had been subject to phishing attacks, specifically those accounts with…

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Cardano (ADA) to be Eleventh Cryptocurrency Listed on eToro

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Global powerhouse cryptocurrency trading and investment platform eToro has today revealed that Cardano (ADA) is to be the eleventh tradable digital asset supported by its service. Cardano’s token will be made available to over ten million eToro users today. ADA boasts being the world’s first blockchain to be completely peer-reviewed. It has a goal of being the adopted solution to…

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World’s First Play Funded by Bitcoin to Run at Trafalgar Studios

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The first stage play to be funded completely by cryptocurrency, in this case Bitcoin, is to have a run of dates at the world-renowned Trafalgar Studios later this year. Alex Oates’s show, controversially titled ‘Silk Road (How to Buy Drugs Online)’, was mysteriously crowdfunded in almost its entirety four years ago by an anonymous Bitcoin doner. That donation saw Alex…

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Ledger Preps for ICON (ICX) Support, Devs Release Official Schedule for Token Swap

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Premier cryptocurrency hardware storage solution Ledger have added development of ICON (ICX) support to their roadmap ahead, while the official team has released the specific timeline for their token swap, commencing this week. Currently, most ICX tokens in circulation are actually ERC20 tokens – powered by the Ethereum smart contract platform. Investors have been nervously awaiting the official token swap…

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Binance Preparing to Offer Euro Trading Pairs This Year

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Binance, the world’s largest cryptocurrency exchange by daily volume, is preparing to allow trade across fiat currency pairs for the first time. Bloomberg has reported that Zhao Changpeng, Binance’s Chief Executive Officer, confirmed that the Euro will be the first fiat currency supported, with more added at a later date. It is understood that this is directly related to the…

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Coinone Margin Trading Deemed Illegal Gambling by South Korean Authorities, Three to be Prosecuted

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Investigations into operations of Coinone, South Korea’s third largest cryptocurrency exchange, on behalf of the South Korean authorities, has come to the conclusion that margin trading offered on the platform is to be classified as illegal gambling. The investigations come from a cyber-criminal investigation unit of the police department and details released today show that Chae Myung-hoon, co-director of KHIMA,…

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World’s First Tokenized Hedge Fund Launches on Stellar Blockchain

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The world’s first tokenized hedge fund has launched on the Stellar Network blockchain after raising US$1.7million in investments during its presale. The token is Apis (APIS), managed by Apis Capital Management (ACM), and is the gateway investors use as means to access the ACM Market Neutral Volatility Strategy Fund, a proprietary volatility-based trading strategy developed by ACM. By registering investment…

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Bittrex Secures Banking Partner, Will Offer USD Pairs to Select US Customers

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US cryptocurrency exchange Bittrex has revealed that it has secured an agreement with several financial institutions that will see some American customers offered BTC/USD pairs alongside pairs for stablecoins Tether and TrueUSD. Those select customers will mostly be corporate clients and only in certain states. Bloomberg reports that New York’s Signature Bank will be holding a majority of the dollar-related…

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