China Testing Digital Foreign money in Main Cities, Together with Beijing and Hong Kong
China’s Ministry of Commerce has introduced the pilot run of the nation’s central bank-backed digital forex in main cities, together with Beijing, Hong Kong, and Macau. It would even be examined in the course of the 2022 Winter Olympics video games in Beijing, the ministry … learn extra.
South African Companies Ordered to Stop Crypto Debit Card Scheme in 2 US States
Two U.S. states have issued emergency stop and desist orders to South African companies and a South African nationwide selling a cryptocurrency debit card scheme. The businesses declare that the cardboard is sort of a conventional Mastercard however the states say … learn extra.
bitcoin cash and Litecoin Trusts from Grayscale Investments Start Buying and selling
Grayscale Investments’ Litecoin Belief (LTCN) and bitcoin cash Belief (BCHG) have obtained DTC eligibility on Monday, which suggests the shares can start buying and selling publicly. The agency’s newest funds give buyers publicity to the crypto property bitcoin cash and litecoin and … learn extra.
Amid US Postal Service ‘Disaster’ USPS Recordsdata Patent for Blockchain Mail-in Voting Scheme
America Postal Service (USPS) is falling aside on the seams and plenty of Individuals are blaming the Trump administration. The USPS may should cope with the U.S. election poll course of, as mail-in votes may be the dominant apply … learn extra.
four of South Korea’s Largest Banks to Present Cryptocurrency Companies
4 of the highest 5 South Korean banks have reportedly introduced their plans to offer cryptocurrency providers. The bulletins got here forward of the crypto regulation that may quickly go into impact in South Korea. Largest Korean Banks Getting into Crypto Area … learn extra.
$217 Million Pour Into Grayscale’s Crypto Funds Following Bitcoin TV Advert Marketing campaign
Grayscale Investments introduced that it has raked in report investments of $217 million the week its TV industrial marketing campaign launched. The corporate’s crypto TV industrial kicked off on CNBC, MSNBC, FOX, and FOX Enterprise. Following Grayscale, Michael Novogratz’s Galaxy Digital … learn extra.
three Individuals Arrested in Hong Kong for Dishonest Bitcoin ATMs
The authorities in Hong Kong have arrested three folks in reference to robberies from six bitcoin ATMs after two cryptocurrency exchanges reported funds being illegally withdrawn from them. 6 Bitcoin ATMs Focused The Hong Kong Police Drive’s cybersecurity and know-how … learn extra.
Former Prudential Monetary CEO George Ball Says Now Time to Purchase Bitcoin
Former Prudential Monetary CEO George Ball is advising rich buyers to accumulate bitcoin as a result of it’s the solely asset that can not be undermined by the federal government. Ball made the feedback whereas discussing changes that buyers have to make to their … learn extra.
US Regulator Prices Tech Agency, CEO in $5 Million ICO Fraud Case
America Securities and Alternate Fee (SEC) collectively charged Virginia-based Boontech and CEO, Rajesh Pavithran for fraud and registration violations. The fees stem from an preliminary coin providing (ICO) that raised $5 million from 1,500 buyers all over the world … learn extra.
Dex Platforms Commerce Over $2.four Billion in 7 Days, Defi Swaps up 68% Since Final Week
Years in the past the cryptocurrency group didn’t have entry to a plethora of decentralized exchanges (dex). In 2020 with the rise of Ethereum, dex platforms have grown exponentially with buying and selling purposes like Uniswap, 0x, Kyber, and extra. Dex buying and selling development … learn extra.
72% of Buyers Will Maintain Bitcoin Even when price Falls to $0
A brand new ballot finds that 72% of bitcoin buyers are bullish concerning the cryptocurrency and can maintain onto it even when the price in some way falls to zero. A complete of 22,635 votes have been gathered for this survey. Most Bitcoin Buyers … learn extra.
Capital One Recordsdata Patent for Cryptocurrency Market AI Prediction System
Main U.S. monetary providers firm Capital One has filed a brand new patent software for a cryptocurrency evaluation and buying and selling system that may try to predict crypto market tendencies and generate buying and selling selections utilizing synthetic intelligence (AI). Capital One’s Cryptocurrency AI … learn extra.
Extreme Flooding in Sichuan Causes 20% Hashrate Losses for Chinese language Bitcoin Miners
Torrential downpours of nonstop rain have been wreaking havoc in China’s Sichuan province, which has prompted some operations to close down ASIC mining gadgets. Stories from the area present that sure areas have seen electrical shortages and the aftermath is … learn extra.
Report: Bitcoin Untied from the Financial Cycle, ‘Largely Uncorrelated to Different Asset Lessons’
On Tuesday, Coinshares Funding strategist James Butterfill printed a report which reveals that bitcoin is a singular asset, however is “largely uncorrelated to other asset classes” like commodities and conventional stocks. Coinshares Funding strategist James Butterfill printed a brand new report … learn extra.
Huge Brother Nigeria Housemates Take part in Bitcoin Quiz, Get $500 BTC as Reward
Eighteen housemates of Nigeria’s model of Huge Brother took half in a bitcoin quiz with every participant getting $500 worth of BTC as prize cash. Huge Brother Naija (BBN) reportedly agreed to this uncommon step as a part of strikes to … learn extra.
Bitmain Retains Solely a ‘Minuscule Lead’ Over Competitor Microbt Amid Ongoing Energy Tussle, Says Report
Bitcoin mining {hardware} maker Bitmain nonetheless has a “minuscule lead” over competitor Microbt regardless of the previous’s ongoing energy battle and provide chain points, based on Bitmex. Researchers on the derivatives exchange examined flagship merchandise from the 2 firms, Bitmain’s Antminer … learn extra.
South African Regulator Pressures Bitcoin Funding Firm, Urges Purchasers to Request Refunds
An embattled bitcoin funding firm, Mirror Buying and selling Worldwide (MTI)’s troubles took one other twist August 18 after the South African regulator, Monetary Sector Conduct Authority (FSCA) mentioned that it’s investigating the funding firm. MTI’s newest battle with the regulator follows … learn extra.
NSA Whistleblower Edward Snowden Was Paid $35ok to Focus on Bitcoin
The infamous NSA whistleblower, Edward Snowden, was paid to debate bitcoin and different digital property at digital conferences, based on a brand new courtroom submitting referred to as “Edward Snowden Speaking Engagements 2015-2020.” Snowden has all the time been a supporter of digital currencies and … learn extra.
Large $2,000,000 Prize Pool within the Greatest Ever Promotion Launched on Bitcoin Video games
One fortunate spin can propel your wager right into a 5,000X multiplier, churning out enormous quantities of cash. Learn on to learn the way. Win Each Day Bitcoin Video games, our very personal cryptocurrency gaming portal, has teamed up with the favored … learn extra.
Hash Watch: bitcoin cash Miners Start Signaling Node Implementations
There’s 88 days left till the bitcoin cash improve scheduled for November 15, 2020, and the group has been watching miners carefully. On August 18, the Bitcoin ABC crew printed a weblog publish that exposed a “function freeze is now … learn extra.
China’s Bitcoin Mining Business Impacted the Most This 12 months, Says Report
The researchers and analysts from Tokeninsight printed it’s “2020 Q2 Cryptocurrency Mining Business Report” which reveals the trade has grown exponentially over the past six months. The findings point out cryptocurrency mining has expanded a fantastic deal however China’s bitcoin mines … learn extra.
Japanese Courtroom Orders Seizure of Cryptocurrency Linked to Coincheck Hack of 2018
A courtroom in Tokyo, Japan has ordered the seizure of crypto property which have been traced again to the Coincheck hack of January 2018, The Japan Instances reported Wednesday. Greater than $530 million worth of the NEM (XEM) cryptocurrency was … learn extra.
US Says North Korea Has 6,000 Hackers: Many in Belarus, China, India, Malaysia, Russia
North Korea allegedly has about 6,000 hackers, a lot of whom function overseas, based on a latest report printed by the U.S. Military. The notorious Lazarus Group, regarded as linked to a lot of cryptocurrency exchange hacks, is amongst them. … learn extra.
Yearn Finance Token Jumps 270% in 5 Days – Defi Token YFI Price Extra Than a Single Bitcoin
Decentralized finance (defi) continues to make waves this week, because the Yearn Finance challenge token (YFI) jumped over 270% over the past 5 days. The digital token is worth extra per coin than the price of bitcoin at present, because the … learn extra.
12 Crypto Companies Approved to Function License-Free in Hawaii for Two Years
The U.S. state of Hawaii has licensed 12 cryptocurrency firms to begin working within the state without having a cash transmission license. No motion will likely be taken towards them for conducting unlicensed cash transmission actions for 2 years. Hawaii Inexperienced-Lights … learn extra.
Russia and China De-dollarization Approaching ‘Breakthrough Second’
China and Russia are collaborating to cut back their dependence on the U.S. greenback. Commerce settlements in USD between the 2 international locations have fallen under 50% for the primary time. De-dollarization in Russia and China The greenback’s share of commerce between … learn extra.
Onecoin Allegedly Tied to Racehorse Agency, Phoenix Thoroughbreds Faraway from France Galop Race
Final week the agency Phoenix Thoroughbreds was reportedly banned from horse racing in France over the founder’s alleged involvement with the crypto Ponzi scheme Onecoin. Final November, Onecoin cofounder Konstantin Ignatov, the Cryptoqueen’s brother, informed New York prosecutors Phoenix Thoroughbreds … learn extra.
Hollywood Royalty Flexes Crypto-Artwork Objectives: Ashton Kutcher Auctions NFT Digital Artwork for ETH
Actor and enterprise capitalist Ashton Kutcher’s first try at digital artwork, an terrible piece titled “The Eye of the Beholder”, is auctioning at Cryptograph. On the time of writing, the best bid stood at 13.26 ethereum, or about $5,400, with … learn extra.
Why the Rise of the CBDC Is Dangerous for Your Privateness
Like, hate, or concern them, central bank digital currencies (CBDCs) are on their approach. There will likely be no stopping them. From Sweden to Thailand and China to Canada, governments the world over are experimenting with CBDCs. Whereas most are being … learn extra.
