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The overall cryptocurrency markets have corrected heavily in the last 24 hours as the crypto markets valuations have dropped to $310 billion.
Lagarde said that the same blockchain technology which underpins cryptocurrencies can be used to regulate cryptocurrencies and also track whether they are being used for any illicit activities.
Binance Chain will mainly focus on the transfer and trading of blockchain assets, as well as provide new possibilities for the future flow of blockchain assets.
With the ongoing speed of the development of Lightning Network, analysts believe that the official release of the first version of the mainnet can occur anytime soon.
The Financial Services Commission is currently having a third-party view on the decision to lift the ICO ban and is simultaneously exploring ways to use advance blockchain-related technologies and effectively regulate crypto-trading.
Crypto markets are now showing some signs of recovery consolidating around $380 billion over the past week.
Bitcoin corrects heavily by 10% in just the last 24-hour duration as the overall crypto markets hit a month low.
Kobayashi said that the bankruptcy estate has still $1.8 billion reserves which he will be selling after proper consultation with the court to reimburse the creditors.
The lawmaking bodies have denounced the creation of Petro calling it absolutely unconstitutional, a fraud and a potential threat to investors.
Following a recent hack resulted into $533 million-worth theft of the NEM token from Coincheck, a group of 16 registered Japanese cryptocurrency exchanges joins forces to establish a self-regulatory body in April.
Nearly $2 million mining hardware is stolen including 600 graphics cards, 100 power supplies, 100 processors, 100 motherboards.
Despite the growing crypto space, SWIFT is not going to lean back: it reduces cross-border payment times providing its clients with fast and safe services.
Gates talked about the nature of anonymity of the cryptocurrencies and believes that it is not a good thing.
The Rakuten Coin will be a “borderless” cryptocurrency which would mitigate the exchange rate fees and help the company to spread its business globally.
The pseudonym Satoshi is said to have swindled all of his partner’s Bitcoin holdings and has been charged with a lawsuit.