RBI Argues Supreme Court Should Not Interfere With Its Crypto Decision

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The Reserve Bank of India has filed an affidavit with the country’s supreme court in response to one of the petitions against its crypto banking ban. The central bank reportedly argues that it has acted within its power and that none of the petitioners have shown reasonable grounds for the supreme court to intervene. Also…

Brazil’s Biggest Brokerage Goes Big on Bitcoin

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Grupo XP, Brazil’s largest independent brokerage and owner of XP Investimentos SA, is launching an exchange in the upcoming months that will facilitate Bitcoin and Ethereum trading. According to Bloomberg, the new crypto exchange dubbed XDEX will have around 40 employees. With a mission to “to help Brazilians invest better, offering the ideal solutions for…

When Blockchains Go Down: Why Crypto Outages Are on the Rise

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It used to be that downtime was unheard of on blockchain networks. As new protocols and new trade-offs emerge, that’s no longer the case.

Binance CEO: ‘I Don’t Understand Why the Bitcoin Price Isn’t Shooting Through the Roof’

Binance CEO: ‘I Don’t Understand Why the Bitcoin Price Isn’t Shooting Through the Roof’

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Changpeng “CZ” Zhao quietly offered a utopian forecast for the cryptocurrency industry and his ubiquitous cryptocurrency exchange, Binance–which he revealed is becoming increasingly institutionally oriented and will launch five to 10 fiat-to-crypto operations in nearly every continent. Speaking at Consensus Singapore, the Binance chief whip suggested that the regulatory breakthroughs seen last week have now…

The Latest Bitcoin Bug Was So Bad, Developers Kept Its Full Details a Secret

The Latest Bitcoin Bug Was So Bad, Developers Kept Its Full Details a Secret

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This week’s major bitcoin bug was even worse than developers led on – it could have been used to effectively print more bitcoin.

Brazil’s Biggest Banks Under Investigation For Monopoly In Cryptocurrency Trade

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Some of Brazil’s biggest banks have come under investigation for alleged monopolistic tendencies in the trade of bitcoin and other cryptocurrencies. The Administrative Council for Economic Defense, a transparency and competition body, accuses the financial institutions shutting down accounts of brokers trading cryptocurrency without merit. Also read: Zimbabwe’s Golix Battles To Grow Volume After Breaking Into…

Security Specialist Wizsec Gives Insight on the Billion Dollar BTC Wallet

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The bitcoin security specialists Wizsec has recently explained to the public that the wallet that held more than 111,000 BTC did not derive from the Silk Road marketplace, and it’s also not one of the Mt Gox wallets. Further Wizsec detailed today that a recent article had quoted the organization by cherry-picking quotes which in…

Legendary Investor: Crypto is Seeing Highest Developer Activity Since Internet

Legendary Investor: Crypto is Seeing Highest Developer Activity Since Internet

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Ben Horowitz, the co-founder of Andreessen Horowitz, said that the company has not seen the level of developer activity the cryptocurrency sector has demonstrated in recent years since the rise of the Internet in the nineties. According to Horowitz, cryptocurrency and blockchain technology can be considered as a new computing platform that allows the development…