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Bitcoin Helped Australian Police Make Money

Australian Federal Police Get 2000% Returns on Seized Bitcoin
The Australian Federal Police latest annual report has revealed that the police gained 2000% from seized illegal arms dealer's Bitcoin wallet. Bitcoin has helped justice. The Australian Federal Police report said the authorities retrieved 7300AUD ($5,000) from an illegal firearms salesman in 2016. Therefore, leading to the authority benefitting of Bitcoin's bull run and gaining over 2000% returns. "In January 2018, members...

About 12% of All Tether is on Tron

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About 12% of All Tether is on the Tron Network
Blockchain-based decentralized platform, Tron has revealed that it has issued over 12% of the total USDT token supply. This is according to data from Tronscan. In March 2019, Tether announced a partnership with Tron before the launch of its TRC20-based USDT. The latter was first launched in April 2019. Afterward, the stablecoin has been growing at a fast and steady pace....

New Bitcoin Fund is In the Works, Says Michael Novogratz

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New Bitcoin Fund In the Works, Says Michael Novogratz
CEO of Galaxy Digital, Michael Novogratz has given hints about Galaxy Digital upcoming plans in the crypto industry. In an interview with CNBC's Squawk Box, Michael Novogratz revealed Galaxy Digital Asset Management plans to launch a new Bitcoin fund. Accordingly, it will grant users easier access to the world's most popular cryptocurrency. How will it play out? The former Goldman Sachs partner...

“Crypto Regulation is Inevitable,” Says Chairman of the State Bank of India

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"Crypto Regulation is Inevitable," Says Chairman of the State Bank of India
India’s state bank seems to feel the need to do something about cryptocurrencies. For example, regulate it. The State Bank of India is sure the country needs crypto regulation. Thus, the SBI’s chairman, Rainish Kumar, does not believe that the Indian government should ban digital assets. In fact, according to hin, transparent crypto regulation will exclude its improper use. “The way...

Blockchain Gaming Updates Week 43

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Blockchain Gaming Updates Week 43
Bringing you a round-up of the most important developments in the blockchain gaming space. Q4 has been an exciting one; lots of releases and events took place. Let’s begin the blockchain gaming updates summary in alphabetical order. No referral links included and all links direct you to the official platforms. Appcoins Appcoins 47th news update is out. Axie Infinity Axie can now be played and...

Why Most Native Tokens Will Die After A Token Swap

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Token Swap Sale 2
This is a special article about Token Swap economics brought to us by David Freuden, a Blockchain Advisor at Monsterplay. This is Part 2 of a 2-part article. Both articles are focused on what happens to token price once a project swaps their ERC20 tokens to their native token. Part 2, this article, is focused on understanding the longer impacts of the...

Should I Sell My Tokens During A Token Swap?

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Token Swap Sale 1
This is a special article about Token Swap economics brought to us by David Freuden, a Blockchain Advisor at Monsterplay. This is Part 1 of a 2-part article. The focus of both articles is on what happens to the token price once a project swaps their ERC20 tokens to their native token. Part 1, this article, is focused on token price impact...

Americans are “Crypto Polygamists”

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Crypto Owners in America Doubled in 2019 ―Survey
A study done by Finder has revealed that the number of Americans that own cryptocurrency has doubled in 2019. An independent survey showed that the fraction of crypto owning Americans has increased. "In the last year, the number of Americans who own a cryptocurrency has almost doubled from 7.95% in 2018 to 14.4% in 2019, an increase of 81% in one...

Tron Partners with Fintech Firm Simplex

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Tron Partners with Fintech Firm Simplex
Tron, the blockchain-based decentralized platform, has announced a new partnership with the provider of fraudless crypto payment firm Simplex. The announcement on Tron was made on twitter. Simplex acknowledged that it will enable TRX's purchase with credit cards on its platform. Simplex is a fintech firm that acts as a credit card processor in the crypto world. It is a secure...

Huobi Japan Raises $4.6 Million for Expansion

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Huobi Japan Raises $4.6 Million for Expansion
Popular crypto exchange Huobi has announced that its Japanese arm has raised about 5 million yen ($4.6 million). The fund was gotten by issuing shares to financial service operator in Japan, Financial Products Group (FPG). This is according to official reports by Huobi Japan. Headquartered in Singapore, broadening its scope of influence has been one of Huobi's major focus. The...