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LexisNexis Partners With Australian Crypto Exchange Blockbid to Increase Security

Risk management giant LexisNexis has partnered with crypto exchange Blockbid to increase the exchanges security measures Blockbid reports on its Medium account June 4. Blockbid is reportedly one of the first trading platforms to voluntarily observe global anti-money laundering (AML) measures by partnering with LexisNexis and ThreatMetrix security technology firms. Boosting fraud prevention and know…

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World’s Largest Diamond Jewelry Retailer Joins De Beers Blockchain Pilot

De Beers Group has announced that the world’s largest diamond jewelry retailer has joined their diamond supply blockchain platform Tracr, according to a press release published May 24.  Signet Jewelers joined the project, which aims to bring transparency to the industry, in addition to boosting consumer confidence. Signet will join the Tracr platform in its…

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Federal Reserve: Bitcoin Futures Launch Led To December 2017 Price Decline

Тhe Federal Reserve Bank of San Francisco released an Economic Letter May 7, suggesting that Bitcoin’s (BTC) decline following its $20,000 peak was the result of the launch of Bitcoin futures trading. The Federal Reserve’s letter says that “the rapid run-up and subsequent fall in the price after the introduction of futures does not appear…

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