By CCN Markets: Over the past three months, the bitcoin price has risen from $ 3,911 to $ 8,120 against the U.S. dollar on major crypto exchanges, demonstrating strong momentum supplemented with a clear rise in volume. In recent weeks, the interest towards bitcoin on Baidu, the most widely utilized search engine in China, spiked significantly to 2018 levels, which could potentially indicate an increase in the demand for the asset by retail investors. Tether volume similarly indicates a rise in interest towards bitcoin In China, it is not illegal to own or store bitcoin as said by the Bank of China’s
Litecoin on Saturday surged more than 11 percent against the US dollar, setting a fresh 2019 peak. The litecoin-to-dollar rate established an intraday high at $ 37.539 on a bounce from near-term ascending trendline support. The “digital silver” cryptocurrency since December 27 was consolidating inside a strict range much like its peers across the crypto-board. The
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In Ukraine, a county bearing the brunt of rampant corruption and still trying to find its footing after a revolution, a growing number of citizens are turning to cryptocurrencies to get back on their feet.
After the collapse of the Soviet Union in 1991, many Ukrainians watched in dismay as much of the area’s wealth and infrastructure made its way into the hands of a select few.
Today, these oligarchs control their wealth through physical force and elaborate investment schemes that keep much-needed dollars out of the hands of everyday citizens. Political upheaval by citizens in 2014 toppled the government of ex-President Viktor Yanukovych, but the fundamental inequalities remained.
Cryptocurrency exchange Binance has recruited an executive with wide experience in initial public offerings (IPOs) as its chief financial officer. Wei Zhou, who is currently the vice chairman of gay dating platform Grindr, boasts of executive experience running into more than one-and-a-half decades. He began his career at the Hong Kong subsidiary of Goldman Sachs,
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KYC for crowdsales was meant to add oversight and legitimacy to a largely unregulated space. Instead it’s left investors susceptible to data breaches, identity theft and blackmail. Given the hazards, it’s understandable that some ICO investors have resorted to buying fake ID.