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SwapSpace: Quick Cryptocurrency Swaps at No Additional Fees

[Featured content] The cryptocurrency field is growing at a considerable rate as more companies and individuals get involved.  As CryptoPotato recently reported, Google searches for the ‘buy crypto’ key phrase have surged to their highest point since all the way back in January 2018 – during the peak of the ICO bubble.  Google traffic is usually a very good indicator of retail interest in the field, but institutions are not lagging behind. Another report by the giant...

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The Fight Between Kik Crypto and the SEC Ends

The Securities and Exchange Commission (SEC) has penalized Kik for launching an initial coin offering (ICO) that allegedly did not go through the appropriate registration protocols with the agency. Kik is now being required to fork out a $5 million fee.The SEC and Kik Have Reached a SettlementThe SEC has sworn up and down over the past few years that it would go after all token offerings that have in some way or another gone against its rules. It has warned many crypto ventures offering...

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Streamity: Leveraging Binance Smart Chain to Provide Myriad of Services

[Featured content] DeFi has no doubt exploded in 2020 as the industry saw unprecedented growth all the way from March. In fact, data suggests that there’s currently around $11.2 billion locked in various lending protocols in the ecosystem. While this may have somewhat surprised many, it does come as a natural and logical extension of the crypto field. After all, that’s the general purpose of cryptocurrencies – to separate state and money through an immutable and decentralized...

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NAC Foundation Seeks SEC Championed AML Bitcoin ICO Fraud Charges Dismissal

While the case between the SEC and the NAC Foundation is far from over, the CEO’s partner Jack Abramoff was reportedly not indicted in this current lawsuit.NAC Foundation, the company behind the AML Bitcoin, an Anti Money Laundering digital token which scooped $5.6 million in an Initial Coin Offering back in 2017. As gleaned from Law360, the companies Chief Executive Officer Rowland Marcus Andrade told a United States District Judge in San Francisco to acquit him and his company of all fraud...

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Kik and The SEC Reach a $5 Million Agreement to End Their Legal Battle

The story of the legal battle between Kik  and the SEC seems to be coming to an end. Today, the SEC filed a motion with the Southern District Court of New York to close the case with a $5 million fine. Kik was being sued for issuing and selling unregistered securities through the ICO of its KIN token. The accusation came when the SEC also attempted similar proceedings against TON’s ICO, the Telegram blockchain. However, the agreement with Canada’s Kik is much softer than the...

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The SEC Is Finally Looking At the Prospects of a Bitcoin ETF

The US Securities and Exchange Commission (SEC) has now entered a period of active study. It is busily looking at cryptocurrency-based exchange-traded funds or ETFs, and thus it may be that traders could find themselves reaping the benefits of such opportunities very soon.The SEC Is Looking to Shed Its “Rigid” ImageThe news of the study session was announced at a conference by Jay Clayton, the chairman of the SEC. This is something that should really be tugging at the heartstrings of most...

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Story of a Safe Haven: Why Investors Flock to Gold During a Recession

In the last 50 years, gold has climbed from $410 an ounce up to around $1,900 an ounce today and has earned a reputation as one of the most reliable investment assets. Although gold is rapidly growing in popularity among investors, during times of a recession, its popularity tends to skyrocket — and it’s not by accident either. There are several reasons why investors scoop up gold in droves during a recession; here’s a look at the main ones. Post Recession Price Action As...

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Blockchain for Business and Governments: IOVlabs & Grupo Sabra Announce Extrimian

[Featured content] The parent company of the Bitcoin smart contract platform RSK has entered into a collaboration with Grupo Sabra to create Extrimian. Announcing Extrimian According to an official release dated September 30th, 2020, IOVlabs and Grupo Sabra have entered into a partnership to create a new joint venture called Extrimian, a new joint venture aimed at providing blockchain solutions for businesses and governments. IOVlabs is the parent company behind the Bitcoin...

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Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service

[Press Release] TEL AVIV, Israel, (October 13, 2020): MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the...

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As Crypto Derivatives Run Into Challenges, Prediction Markets Offer an Alternative

[Featured Content]The crypto derivatives market is having a hard time of late. October began with the news of CFTC civil enforcement action against the centralized crypto derivatives platform BitMEX.BitMEX and its founders, including CEO Arthur Hayes, were charged with operating an unregistered trading platform and violating multiple CFTC regulations, including failing to implement the required anti-money laundering procedures.Less than a week later, the UK FCA announced a ban on the sale of...

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