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As Deepfake Videos Spread, Blockchain Can Be Used to Stop Them

At a time when fake news has become a household name, deepfakes are bound to make the situation worse. Can blockchain help? At a time when the term “fake news” has become a household name thanks to its repeated use by President Donald Trump, deepfakes — i.e., seemingly realistic videos...

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SEC Enters Settlement Talks With Alleged Fraudulent Firm Veritaseum

The U.S. Securities and Exchange Commission has reportedly entered settlement talks with alleged fraudulent cryptocurrency firm Veritaseum. The United States Securities and Exchange Commission (SEC) has entered settlement talks with alleged fraudulent cryptocurrency firm Veritaseum.Initial conference adjournedAfter filing a complaint against Veritaseum CEO Reginald Middleton and his two companies in...

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UK’s Central Bank Establishes Provisions for Facebook’s Libra

The United Kingdom’s central bank has singled out provisions for Facebook’s yet-to-be-released Libra stablecoin. The United Kingdom’s central bank has established provisions that Facebook’s yet-to-be-released Libra stablecoin must comply with in order to be issued in the country.The Bank of England presented its latest Financial Policy Summary and Record at...

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Crypto Debit Card Firm Cryptopay Launches UK Bank Transfers With British Pound

Crypto wallet and debit card service company Cryptopay now offers transfers with the British Pound through the Faster Payments Scheme. Crypto wallet and debit card service company Cryptopay now offers transfers with the British Pound (GBP) through the Faster Payments Scheme.Cryptopay revealed the development in a press release with Cointelegraph...

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OpenLibra Plans to Launch Permissionless Fork of Facebook’s Stablecoin

OpenLibra, a permissionless fork of Facebook’s stablecoin Libra, is announced at the Ethereum developer conference Devcon 5. Lucas Geiger, co-founder of blockchain infrastructure startup Wireline, has announced OpenLibra — a permissionless fork of Facebook’s planned stablecoin.Ethereum developer Lane Rettig tweeted on Oct. 8 that OpenLibra was announced by Geiger at...

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Diginex Becomes First Asian Firm to Join Steptoe-Led Blockchain Alliance

Hong Kong-based startup Diginex becomes the first firm in Asia to join the Blockchain Alliance led by Steptoe & Johnson law firm. Hong Kong-based digital financial services startup Diginex has become the first firm in Asia to join the Blockchain Alliance led by Steptoe & Johnson law firm.Over 100 members...

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Finastra Joins RippleNet to Support Cheaper Cross-Border Payments

Over 200 financial institutions on RippleNet will have access to Finastra’s network of banks, allowing customers to partner with each other. United Kingdom-based financial software firm Finastra has partnered with Ripple to join RippleNet, a global blockchain payments network with over 200 members.Faster integration with partnersAs officially announced by Ripple...

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Deribit Launches Weekly Research Publication on Various Crypto Topics

Bitcoin futures and options trading platform Deribit is launching a weekly research publication on various cryptocurrency topics. The Netherlands-based Bitcoin (BTC) futures and options trading platform Deribit is launching a weekly publication called Deribit Insights.Research publication on cryptoIn a press release shared with Cointelegraph on Oct. 9, Deribit announced that...

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Block.One Slapped With $24M Fine — Cost of Doing Business?

Following a settlement with the SEC on favorable terms, Block.One is getting back to business. On Sept. 30, the United States Securities and Exchange Commission (SEC) announced that it had reached a civil settlement with EOS parent company Block.One following an investigation into violations of the SEC’s security offering regulations. The...

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Libra Association’s Head of Product Spent Just Five Months in the Role

Simon Morris, the head of product at the Libra Association, has left the project within five months of joining, according to his LinkedIn profile. Simon Morris, the head of product at the Libra Association, has left the project within five months of joining, according to his LinkedIn profile accessed on...

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