Deutsche Bank Headquarters Raided by 170 Police Officers Over Money Laundering

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Deutsche Bank’s headquarters and five other offices have been raided by 170 police officers, prosecutors, and tax inspectors over money laundering allegations. The bank’s written and electronic business documents were reportedly seized. Its employees allegedly helped clients set up offshore companies to launder money. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive…

TRON Launches a $100 Million Fund for Blockchain Gaming

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TRON, one of the most popular dApp platforms, is establishing a blockchain game fund: TRON Arcade. The company is looking to invest up to $100 million in gaming projects over the next 3 years, building the foundation for a robust blockchain gaming ecosystem. Announcing TRON Arcade The rising star among dApp platforms TRON has stated…

The US Government Is Powerless to Block Bitcoin Addresses

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It has been widely reported this week that the U.S. government has blacklisted two BTC addresses linked to cyber crime. These particular addresses were singled out because their owners are believed to be Iranians, whose country is currently facing heavy economic sanctions from the U.S. While the BTC addresses are clearly connected to ransomware, mainstream…

Analysis: Bitcoin Costs $1.4 Billion to 51% Attack, Consumes as Much Electricity as Morocco

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To successfully conduct a 51 percent attack on the Bitcoin network would cost an incredible $1.4 billion. This massive network supports over 5 million specialized ASIC mining computers, consuming a total of 29 Terahashes of electricity—as much as the entire country of Morocco. One of the underpinnings of the Bitcoin network is its security. The…

Google Searches for ‘Bitcoin’ Just Hit Their Highest Level Since April

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The number of Google searches for bitcoin has seen a notable uptick this week, now recording its most searches worldwide since last April.

Nasdaq Reportedly Looking into Bitcoin Futures Despite Plunging Prices

Nasdaq Reportedly Looking into Bitcoin Futures Despite Plunging Prices

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The world’s second largest stock exchange, Nasdaq, is reportedly planning to introduce a Bitcoin futures market within the first quarter of 2019. The Bitcoin market has plunged by more than 80 percent across the spot markets, data from CryptoSlate has shown, but it hasn’t deterred the world second largest stock exchange from eyeing the lucrative…

SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval

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The chairman of the U.S. Securities and Exchange Commission (SEC) has outlined the key changes in cryptocurrency markets he needs to see before he is comfortable with a bitcoin ETF. While some solutions to the problems he mentioned have already been implemented, the chairman insists on seeing more improvements. Also read: Indian Supreme Court Moves Crypto Hearing,…

El-Erian: Crypto Will Become ‘More Widespread’ But Not ‘Dominant’

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Mohamed El-Erian, the chief economic advisor for Allianz, said Tuesday that he believes cryptocurrencies will become more “widespread” but as part of a broader ecosystem.