Electroneum (ETN): The First KYC Approved Cryptocurrency

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KYC, or Know Your Customer procedures have been the talk of the town in the cryptocurrency space. Granted, the cryptocurrency ecosystem is still figuring out the regulatory procedures and frameworks. But, a coin called Electroneum (ETN) is pioneering the way. The mobile-payment system just announced that it’s the first KYC compliant digital currency. The New … Continue reading “Electroneum (ETN): The First KYC Approved Cryptocurrency”

Electroneum (ETN) Price Spiking after Fix

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Electroneum (ETN) is up another 26.5% this morning. After inhering a fatal “Burning Bug” from Monero (XMR), the team patched the issue.  A bug like this one allows a person to fund an exchange balance multiple times. Once that happens, the platform winds up owning invalid coins marked for double spending. However, the fix is … Continue reading “Electroneum (ETN) Price Spiking after Fix”

Why are Electroneum (ETN) Prices Up?

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Over the last four days, Electroneum (ETN) prices have gone through the roof. It just ran from a low of $0.005 to a high of $0.17 after breaking well above its 50-day moving average.  From here, ETN could challenge a previous May 2018 high of $0.363. This is the first time ETN has broken above … Continue reading “Why are Electroneum (ETN) Prices Up?”

US SEC Suspends Trading in Two Cryptocurrency Products

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The US SEC has issued a ban on the trading of Ether Tracker One and Bitcoin Tracker One. The agency cited “a lack of current, consistent and accurate information” as the reason behind the suspension. Consequently, this has the potential to create “confusion amongst market participants” the SEC said. Order of Suspension for XBT Provider’s … Continue reading “US SEC Suspends Trading in Two Cryptocurrency Products”