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New Darknet Markets Launch Despite Exit Scams as Demand Rises for Illicit Goods

New Darknet Markets Launch Despite Exit Scams as Demand Rises for Illicit Goods

Despite the recent amount of exit scams on dark web platforms, the darknet sector has seen increasing growth, with new marketplaces launching every year.

Russian Banking Giant Sberbank to Tokenize Financial Assets Using Stablecoins

Russian Banking Giant Sberbank to Tokenize Financial Assets Using Stablecoins

Sberbank, Russia’s biggest bank, has disclosed the possibility of issuing tokens to be utilized in digital financial assets (DFA) settlements. The token will be in the form of a stablecoin to be pegged to the nation’s currency, the Russian ruble.

25,000 New Bitcoin Addresses Generated in a Single Hour

25,000 New Bitcoin Addresses Generated in a Single Hour

Glassnode, an on-chain market analytic company, has shared data showing 24,807 Bitcoin (BTC) addresses were developed in just one hour on Nov 18.

Bitcoin Price Rises But Altcoins Struggle to get Liberated from the Bears

Bitcoin Price Rises But Altcoins Struggle to get Liberated from the Bears

Bitcoin is seeing recoveries following a revelation of a $170 million purchase from Square Inc with some altcoins following while others struggle/

Banks in Brazil Set to Introduce New Payment System to Rival Cryptocurrency

Banks in Brazil Set to Introduce New Payment System to Rival Cryptocurrency

The central bank of Brazil is looking to provide a 24-hour payment system with a speed capacity of 10 seconds via the use of mobile apps, internet banking, and ATMs. Code named PIX, it is set to directly rival the use of cryptocurrency in the country.

Cryptocurrency Market Outperforms Gold in 2020, Mostly Due to DeFi Hype

Cryptocurrency Market Outperforms Gold in 2020, Mostly Due to DeFi Hype

According to the Bloomberg Galaxy Crypto Index, cryptos have been performing up by 66 percent in 2020, exceeding that of gold’s performance by 20 percent.

Bitcoin Bull Run to Take a Breather Before Further Price Surges and Volatility Ahead, Gold Surges Past $2,000

Bitcoin Bull Run to Take a Breather Before Further Price Surges and Volatility Ahead, Gold Surges Past $2,000

Bitcoin price surged past $12,100 on Aug 2, reaching its all-time high in 2020 so far. Since Bitcoin’s bull run on Sunday, Bitcoin appears to be consolidating before its next jump.

Square Announces Its Purchase of 4,709 Bitcoins for $50 Million

Square Announces Its Purchase of 4,709 Bitcoins for $50 Million

Square, with Jack Dorsey as the CEO, announces it has purchased 4,709 bitcoins for $50 million.

JP Morgan Research: Blockchain Mainstream Years Away, Libra's Hurdles and Bitcoin Hedging

JP Morgan Research: Blockchain Mainstream Years Away, Libra's Hurdles and Bitcoin Hedging

JP Morgan has been one the earliest advocates and adopters of blockchain technology among the major financial institutions and continues to lead many other enterprises in the space. However, a new report by the American institution indicates that while the infrastructure for a digital economy is being developed globally, mainstream adoption is unlikely for at least a few years.

"The Wars to Come," Blockchain - A Game Changer for Auditors

"The Wars to Come," Blockchain - A Game Changer for Auditors

Blockchain technology has the potential to upend Audit, Assurance and Control functions —Auditors need to stay attuned to emerging use cases. As Role and skillsets of Auditors will change as new Blockchain-based techniques and procedures emerge.

Mike Novogratz on Why He Now Believes Crypto Should Take Up a Bigger Portion in Investors' Portfolios

Mike Novogratz on Why He Now Believes Crypto Should Take Up a Bigger Portion in Investors' Portfolios

Mike Novogratz, the CEO of Galaxy Digital recently revealed that he has around half of his net worth tied up in cryptocurrencies.

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