Crypto Markets News 

Sources: DOJ and CFTC have opened a criminal probe into alleged market manipulation of bitcoin and other cryptocurrencies

“The Winklevoss twins, who are known for getting rich off Facebook Inc., hired Nasdaq Inc. last month to conduct surveillance of digital coins trading on their exchange, Gemini Trust Co” writes Matt Robinson Tom for bloomberg.com. Still, digital coins continue to be a global investment craze, drawing legions of loyalists to industry conferences, generating celebrity endorsements and increasingly attracting the attention of Wall Street.Another Says That’s Mind Control Some market participants have alleged that crypto manipulation is rampant. Source: bloomberg.com Share This:

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Crypto Markets News 

U.S. Launches Criminal Probe into Bitcoin Price Manipulation

“The Winklevoss twins, who are known for getting rich off Facebook Inc., hired Nasdaq Inc. last month to conduct surveillance of digital coins trading on their exchange, Gemini Trust Co” writes Matt Robinson Tom for bloomberg.com. Still, digital coins continue to be a global investment craze, drawing legions of loyalists to industry conferences, generating celebrity endorsements and increasingly attracting the attention of Wall Street.Another Says That’s Mind Control Some market participants have alleged that crypto manipulation is rampant. Source: bloomberg.com Share This:

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Crypto News 

Crypto-savvy gamers are eager to do blockchain transactions

“But it does offer insights into the habits of people who are on the bleeding edge of games, blockchain, and cryptocurrency” writes Dean Takahashi for venturebeat.com. So the results are skewed toward people who are already using both blockchain games and cryptocurrency.Gamers and cryptocurrency are a good match, according to a survey by BitCrystals, a blockchain gaming company owned by Switzerland-based EverdreamSoft.The survey said 46 percent of respondents had transacted a digital game item on the blockchain in the last 13 months.Older players in the 35 to 44 age group were most…

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Crypto News 

DOJ launches investigation into bitcoin price manipulation: report

“The U.S. Department of Justice has opened a criminal investigation into whether traders are manipulating the price of bitcoin and other cryptocurrencies, said a Bloomberg report on Thursday citing unnamed sources” writes Markets Writer for marketwatch.com. Investigators are focused on illegal moves that can affect prices, such as spoofing, which refers to flooding a market with fake orders. Source: marketwatch.com Share This:

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Crypto Markets News 

Crypto market is absolutely irrelevant to the global financial world. Academics highlight its cult-like nature

“The cryptocurrency market is still in its infancy” reports financefeeds.com. The very niche nature of the cryptocurrency market inevitably makes prices heavily influenced by demand pressure, which in turn is fueled by how much cryptos are perceived as an actual investment and legitimate concerns about safety and frauds. Source: financefeeds.com Share This:

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Crypto News Platforms 

Coinbase acquires decentralized cryptocurrency trading platform Paradex

“NEW YORK, May 23 (Reuters) – Cryptocurrency exchange Coinbase has acquired Paradex, a platform that enables users to trade virtual coins directly with each other, the San Francisco-based company said on Wednesday” writes Anna Irrera for reuters.com. Coinbase will “eventually” offer access to Paradex services to its U.S. customers after it implements “changes for compliance purposes,” it said.The exchange offers trading in four of the largest coins: bitcoin, ether, litecoin and bitcoin cash.Coinbase plans to make some enhancements to the technology and launch Paradex’s services to customers outside of the…

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Crypto News Platforms 

Coinbase is shutting down GDAX to launch new ‘Pro’ cryptocurrency exchange

“Popular cryptocurrency exchange desk Coinbase has announced plans to shutter its digital asset platform GDAX to launch the brand new Coinbase Pro which will cater specifically to crypto-traders” writes May Utc for thenextweb.com. Aside from the new exchange platform, the San Francisco-based company also revealed it will be launching its own Coinbase Wallet in the near future.For the record, GDAX currently stands as the eighth biggest cryptocurrency exchange desk with a trading volume of a little over $280 million, according to CoinMarketCap stats.While both platforms will remain active for the…

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Crypto News 

How to design a GDPR-compliant blockchain

“To this end, some blockchain technologists are exploring structures that store personal data off chain but post references to that data on the chain” writes Spring Labs for venturebeat.com. This right, also known as the “right to be forgotten,” has caused some notable heartache in the blockchain community, as it appears to go against one of the fundamental underlying tenets of blockchain: immutability of posted information.General Data Protection Regulation (GDPR), the far reaching personal data privacy regulation going into effect Friday, aims to give individuals more control over their personal information.So how do we reconcile this right with the structural element of blockchain…

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