BayPay Members Blogs

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A Multibillion-Dollar Cryptocurrency Based on ‘Lies’: US Arrests Alleged OneCoin Leader

U.S. prosecutors in New York have arrested a “top leader” of the OneCoin project, saying it stole “billions” from investors through an alleged pyramid scheme. The U.S. Attorney for the Southern...
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Connecticut Lawmakers Seek to Legalize Blockchain Smart Contracts

The U.S. state of Connecticut could soon legalize the use of blockchain smart contracts in business. The Commerce Committee of the Connecticut General Assembly filed house bill 7310 on Friday, proposing...
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Swissquote Bank Launching ‘Nuke Proof’ Crypto Custody

Online banking and trading group Swissquote is launching a crypto custody service later this month. The Switzerland-based firm announced Friday that, starting March 21, retail and institutional customers will be able...
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Facebook Blockchain Job Openings Top 20 Amid Staffing Spree

Social media giant Facebook keeps looking to expand its blockchain-related staff. Facebook’s careers website now lists  20 job openings related to the technology in a wide range of areas, including: technology...
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North Korea Hacking Crypto Exchanges to Circumvent Sanctions: UN Panel

North Korea has been carrying out major cryptocurrency hacks to bypass economic sanctions, according to a United Nations (U.N.) Security Council expert panel report. Nikkei Asian Review, which has obtained the...
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Bitcoin Struggles to Pass Price Hurdle But Bull Outlook Intact



View Bitcoin’s short-term outlook remains bullish while prices are held above $3,658 (the low of the long-tailed doji created on Feb. 27).A break above $4,000, however, could be preceded by a...
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Revolut App Now Lets Users Auto-Trigger Cash and Crypto Exchanges

Mobile finance app Revolut has launched a new feature allowing users to “auto-exchange” cash and cryptocurrencies. The firm announced  Tuesday that its over 4 million users can now automatically exchange, say,...
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Japanese Finance Giant Nomura Invests in Smart Contract Auditing Startup

Japan financial group Nomura has invested in Y Combinator-backed smart contract auditing startup Quantstamp. U.S.-based Quantstamp announced Wednesday that it is setting up a subsidiary in Japan following a “significant” investment from...
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Enjin Coin Soars 70% After Crypto Project Says It’s a Samsung Partner



Update (13:20 UTC, March 8, 2019): Added comment from Enjin. — Gaming crypto Enjincoin (ENJ) is up 78 percent after the project said it has an official partnership with Samsung Electronics. On...
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Ethereum Block Count Spikes As Difficulty Bomb Diffuses on Schedule


The rate at which new transaction blocks are being added to the ethereum blockchain is back on the rise after the network’s successful upgrades, Constantinople and St. Petersburg, last week. According to...
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LedgerPrime Raises $12 Million for Crypto Quant Trading

LedgerPrime, a digital asset investment firm led by former Wall Street whizzes, has closed on $12 million of institutional capital and secured commitments for another $8 million. The proprietary trading firm,...
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Fidelity Crypto Chief Says Hard Fork May Delay Firm’s Support for Ethereum

Fidelity Digital Assets (FDAS) will take its time about adding support for ethereum, the executive in charge of the new platform said. The digital asset trading and custody branch of Fidelity...
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MakerDAO Token Holders Approve Fee Increase for Ethereum Stablecoin

After a four-day vote open to all token holders, users of MakerDAO’s dollar-pegged, ethereum stablecoin DAI have voted to increase the costs associated with its primary service – programmatic lending.  Finalized Thursday,...
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Ex-Bitmain Bitcoin Cash Staffers Form Startup to Lend and Trade Crypto

Former employees of cryptocurrency mining and manufacturing giant Bitmain who focused on bitcoin cash development are planning a new startup that will offer crypto financing-related services, CoinDesk has learned. According to...
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73% of UK Consumers Say They Don’t Know What Cryptocurrency Is

Seventy-three percent of U.K. consumers don’t know what a cryptocurrency is or are unable to define it, according to a new survey from the country’s financial watchdog, the Financial Conduct Authority...
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Kraken Crypto Exchange Poaches a Sony Studio Head for Marketing Push

Kraken, one of the largest U.S.-based crypto exchanges with daily volume of around $100 million, has hired a Hollywood veteran to be its first chief marketing officer. Matt Mason spent the last four...
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Social Trading Giant eToro Adds Crypto Buying and Selling in 32 US States

Israel-based social investing platform eToro has launched a cryptocurrency trading platform and wallet service in the U.S. The firm announced Thursday that the new platform allows U.S. customers from 32 states...
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City of Denver to Pilot Blockchain Voting App in Coming Elections

A U.S. city plans to utilize a blockchain system to store and track votes in its upcoming municipal elections in May. Denver, Colorado, announced Thursday that it would implement a pilot...
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EOS-Powered Private Blockchain Studio StrongBlock Raises $4 million

StrongBlock – a private blockchain studio founded by the former executives of Block.one, the company behind the EOS blockchain – has closed a $4 million seed round, the firm announced Wednesday....
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Three Price Resistance Levels to Beat for Bitcoin’s Bulls





View Bitcoin’s bull revival, as signaled by the weekly chart indicators, is still in the nascent stage and will likely become more entrenched if and when prices clear the resistance levels...
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