China: State-Owned Bank Deactivates Its Digital Yuan Wallet After Widespread Attention

The Chinese Construction Bank (CCB) — one of the largest state-owned banks in China, unexpectedly disabled public access of the digital yuan wallet a few hours after a successful soft launch because the feature reportedly drew too much attention according to CoinDesk on Aug 29. дальше »

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2 On-Chain Signals Show Ethereum Has Room to Run After 10% Jump

Ethereum has room to rally after surging 10% in the past 48 hours, according to recent on-chain data shared by Santiment. The blockchain analytics firm just noted that there are a number of trends suggesting ETH has room to extend to the upside. дальше »

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Malaysian Police Shut Down Crypto Mining Operation for $600k Electricity Theft

Sept 1, 2020 — Two Malaysian cryptocurrency mining facilities have been raided by law enforcement for an alleged electricity theft totaling more than $600k. According to reports by local news outlet The Star, the raids were conducted as a joint operation between Malaysia’s Energy Commission, the Tenaga Nasional Berhad (TNB) power utility firm, and local […] The post Malaysian Police Shut Down Crypto Mining Operation for $600k Electricity Theft appeared first on BeInCrypto. дальше »

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Macro Investor Calls Bitcoin “Pristine Collateral” – A Super Bullish Case

Bitcoin is the best collateral the world has ever seen, according to Raoul Pal of Global Macro Investor and Real Vision Group. The Founder/CEO praised the cryptocurrency for its predictability and anti-fragileness as an asset as he pitted it against the government bonds. дальше »

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Bank of Korea Set to Select CBDC Pilot Program Consulting Partner

South Korea’s central bank has disclosed details for a proposed consulting partnership as part of its second stage of preparation for launching a central bank digital currency (CBDC). According to the Bank of Korea (BOK), the desired consulting partner will be a local firm that will help the BOK build the architecture for the proposed […] The post Bank of Korea Set to Select CBDC Pilot Program Consulting Partner appeared first on BeInCrypto. дальше »

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Suspected North Korean Hackers Move Bitcoin Worth $140K From Forfeited Account

Suspected North Korean hackers on Monday moved 12 bitcoin, worth about $140,000, from one of 280 accounts the U. S. Department of Justice (DoJ) has targeted for seizure. The funds have been wired into an anonymous wallet, according to Whale Alert, a bot that tracks notable crypto transactions. дальше »

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US: IRS Declares Crypto Earned via Microtasking is Taxable Income

The U. S. Internal Revenue Service (IRS) continues to keep a keen eye on crypto-transactions. IRS to Tax Crypto Earned via Microtasks According to a report by The Block, the U. S. tax watchdog is set to tax cryptocurrencies earned via microtasking jobs. дальше »

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Daemon Technologies offers Asian miners new way to earn Bitcoin

Daemon Technologies, a firm based in Hong Kong, will now drive the adoption of Stacks technology to support cryptocurrency mining communities in Asia according to its launch tweet. https://twitter. дальше »

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Ciphertrace Allegedly Builds Monero-Tracing Tools, XMR Proponents Disagree

The blockchain surveillance firm Ciphertrace claims to have created the “world’s first” monero tracing tools for law enforcement. According to the company announcement, Ciphertrace developed forensic tools for the U. дальше »

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Is Big Tech a Harbinger of the ETH Market Cap?

According to crypto trader and ETH maximalist Kaleo, ETH will achieve an all-time high (ATH) in excess of $1 trillion during its current bull run. He believes that if tech stocks can show such phenomenal growth, then ETH can do something similar. дальше »

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UK’s financial regulator expands AML regulations to all cryptocurrency firms

According to the consultation paper published by the UK’s financial regulator, cryptocurrency firms need to submit an annual report on their problem dealing method. The consultation paper reveals the plan to broaden the annual crime reporting requirements that involves cryptocurrency exchanges and other custodian wallet service providers. дальше »

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Chainlink (LINK) Surges 10% Higher: What Do Analysts Think Is Next?

Chainlink (LINK) has surged 10% higher in the past 24 hours, regaining strength while Bitcoin and Ethereum consolidate in the middle of their ranges. The popular altcoin is poised to press higher in the days ahead according to a number of analysts, who argue that the fundamentals of Chainlink remain strong. This rally comes as […] дальше »

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Major Chinese Bank Launches Central Bank Digital Currency Wallet Briefly

One of China’s biggest banks recently opened up registration for wallets using the country’s central bank-backed digital currency. There are four levels of the wallet, according to reports. дальше »

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Universities Should Be the Latest Institutions to Begin Accepting Cryptocurrency

Universities have received some of the largest cryptocurrency donations in the nonprofit sector; however, not many universities accept Bitcoin or other cryptocurrency donations yet. According to a Coinbase study, 56% of the top 50 universities now have at least one course on blockchain or cryptocurrency. дальше »

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Current Bitcoin Price Action Closely Follows Textbook Distribution Pattern

Bitcoin bulls are currently attempting to turn weekly resistance at $11,500 into support. However, failure may be likely according to an ominous pattern the cryptocurrency is painting. Recent price action in the first-ever cryptocurrency closely mimics that of a Wyckoff distribution model. дальше »

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Elon Musk’s Neuralink Presents ‘Fitbit for Your Skull’

Coinspeaker Elon Musk’s Neuralink Presents ‘Fitbit for Your Skull’According to Elon Musk, the main goal of his Nueralink company is to make an incredibly powerful brain-machine interface, a device with the power to handle lots of data that can be inserted in a relatively simple surgery. дальше »

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DCEP Wallet Registration Started by China Construction Bank

According to 8BTC, major Chinese bank CCB has opened registration for wallets for DCEP ? digital centralized analogue of yuan - via its mobile app дальше »

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Wasabi Wallet Upgrades Its Bitcoin Mixing Functionality 

Wasabi Wallet developers have been working on the platform’s CoinJoin feature and they are looking to release a new upgrade that would further enhance the transaction mixing functionality of the wallet, according to reports on August 27, 2020. дальше »

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FBI Prevents Ransomware Attack At Tesla’s Gigafactory; Hacker Sought $4M Bitcoin Payment

US-based electric carmaker Tesla working closely with the Federal Bureau of Investigations (FBI) has thwarted a planned ransomware attack that involved millions worth of Bitcoin payments. According to a complaint that was filed by the FBI, the attackers were targeting Tesla’s Gigafactory situated in Nevada. дальше »

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Equinor to support Bitcoin mining in US with repurposed natural gas 

The international energy company, Equinor plans to repurpose gas flaring from U.S oil fields to support Bitcoin (BTC) mining, according to a new report from Arcane, a cryptocurrency market research huThe post Equinor to support Bitcoin mining in US with repurposed natural gas  appeared first on AMBCrypto. дальше »

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Russia: Banking Giant Sberbank Taps Blockchain to Tokenize Travel Agent Payments

Russia is looking to automate travel agency payments using blockchain technology. Using Smart Contracts to Automate Payments According to a report by local outlet Air Transport Review, Russia’s S7 Airlines has inked a partnership with the country’s largest bank, Sberbank, to fully automate travel agency payments through distributed ledger technology (DLT). дальше »

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YFI Soars to New Heights as Aave Listing Announced

Decentralized Finance (Defi) behemoth yearn. finance’s token YFI has hit a new all-time high, roughly a week after eclipsing Bitcoin’s price. According to CoinGecko data, YFI prices surged to as high as $17,711 on Friday. дальше »

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Brave Adds Gemini Trading Widget; Privacy-Focused Users Can Buy Crypto Directly In the Browser

Brave browser has added a Gemini Trading Widget to its main interface, a move that will allow the users of this privacy-focused browser to access Gemini’s crypto listings without a hustle. According to the announcement by Brave, their partnership with Gemini is a significant step in making crypto purchases, sales, storage, and rewards more interactive […] The post Brave Adds Gemini Trading Widget; Privacy-Focused Users Can Buy Crypto Directly In the Browser first appeared on BitcoinExchangeGuide. дальше »

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Analyst: it’s “scary” how much of DeFi runs on Tether and USD Coin

Decentralized finance (DeFi) has seen a massive explosion over recent weeks and months, reaching a total value locked of $7.13 billion according to DeFi Pulse. The post Analyst: it’s “scary” how much of DeFi runs on Tether and USD Coin appeared first on CryptoSlate. дальше »

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Banks in Mexico Pose Greater Money Laundering Risk Than Crypto Firms, Says Report

Commercial banks by far pose the greatest risk of money laundering in Mexico compared to crypto-related companies, according to a new report by the country’s Financial Intelligence Unit (FIU). дальше »

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‘Gasless’ Technical Update Brings USDC One Step Closer to Venmo

Users do not have to pre-fund their USDC-bearing wallet with ether before every transaction, according to Centre. дальше »

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Do The IRS Crypto Tax Letters Violate Taxpayer Rights?

The IRS is sending letters to bitcoin investors again, warning them about potential misreporting and, according to its own watchdog, violating their rights. The post Do The IRS Crypto Tax Letters Violate Taxpayer Rights? appeared first on Bitcoin Magazine. дальше »

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DCG invests $100 million to mine Bitcoin in North America

DCG, the venture capitalist firm that invests, buys and builds blockchain companies has entered the bitcoin mining sector. According to reports, DCG committed to investing $100 million into DCG’s wThe post DCG invests $100 million to mine Bitcoin in North America appeared first on AMBCrypto. дальше »

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More Than 95% of Crypto Futures Volume Is in Asia: Report

Asian exchanges account for more than 95% of the futures volume in crypto, according to a new report by Switzerland-based Blockchain Valley Ventures. дальше »

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Coinbase Custody and Bison Trails Expand Integration to Enable Staking of Solana Tokens

According to the announcement by Bison Trails, this will allow users on Coinbase Custody to stake their solana (SOL) tokens using secure offline storage. дальше »

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Bison Trails, Coinbase Custody Colab to Add Solana (SOL) Staking as Institutional Demand Grows

Bison Trails and Coinbase Custody are further scaling their collaboration by introducing staking on Solana (SOL) blockchain. According to a press release shared with Bitcoin Exchange Guide, this initiative will enable Coinbase clients to leverage enterprise-grade validators within the Bison Trails ecosystem. дальше »

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Report indicates banks launder more money than Bitcoin and other cryptos

A new report out of Mexico noted that financial institutions and banks launder a huge amount of money compared to newer financial businesses, according to El Economista. The post Report indicates banks launder more money than Bitcoin and other cryptos appeared first on CryptoSlate. дальше »

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Japan: Instant Messaging Giant LINE Launches Crypto Wallet and Blockchain Services

A Japanese tech player will provide crypto services to its millions of users in the coming weeks, according to a report by Coindesk. Bringing Blockchain to Millions Messaging giant LINE, a Japanese mega-firm with millions of users and the country’s equivalent of WhatsApp has unveiled a new crypto wallet for its users to allow themRead MoreRead More. дальше »

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Developers Eye Mid-September for Ethereum, Polkadot Bridge Proof-of-Concept

The Snowfork proof-of-concept acts as a two-way bridge between the Ethereum and Polkadot ecosystems, according to the group. дальше »

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Korean Police Seize Crypto Exchange Coinbit Over Allegations of $84 Million in Wash Trades

Police in South Korea on Wednesday raided and seized the offices of Coinbit, the country’s third largest crypto exchange, over allegations it faked 99% of its trading volume. According to a report from Seoul News, local police took control of Coinbit’s headquarters in Gangnam as well as other sites elsewhere. дальше »

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Democrats Ask Trump Administration To Provide Further Details On Recent Largest-Ever Seizure Of Terrorist Groups’ Bitcoin

Two United States House Democrats have reportedly asked the White House to provide more details on the recent seizure of cryptocurrency connected to major terrorist organizations. According to a recent report, US Reps Josh Gottheimer and Emanuel Cleaver requested that further information regarding the seizures be availed. дальше »

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Aave (LEND) Becomes First DeFi Asset To Reach A Market Capitalization Of $1 Billion

Today, one of the DeFi assets, Aave (LEND) has set a record by becoming the first of its kind with a market cap of over a billion dollars, according to Messari DeFi token data. At the time of reporting, the token has a market cap of $1. дальше »

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South Korean Exchange, Coinbit, Accused Of Wash Trading 99% Of Its Volume; Profited Close to $84 Million

One of Korea’s largest cryptocurrency exchange is under investigation after the Seoul Metropolitan Police found evidence of wash trading of over 99% of its volumes. According to local reports from Seoul Shinmun, the police have seized Coinbit exchange headquarters in Gangnam district and some property around the country as investigations continue. дальше »

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Bitcoin in a bullish cycle but expect pullbacks of 40% Analysts say

Bitcoin has dropped nearly 9% since hitting $12,485,but could see more losses according to... The post Bitcoin in a bullish cycle but expect pullbacks of 40% Analysts say appeared first on Coin Journal. дальше »

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Wirex Taps Railsbank to Replace Scandal-Struck Wirecard as Asia-Pacific Card Provider

According to the Wirex’s announcement regarding the partnership, existing Wirex card customers in the region have already been ported to Railsbank-issued cards. дальше »

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Reddit User Suffers Copy & Paste Crypto Malware Scam

A bitcoin investor has issued a dire warning to the crypto community after getting scammed out of some funds attempting a transfer to Coinbase, according to a Reddit thread. Reddit Member seraf1990 published a post today detailing the unfortunate chain of events in a thread that has received dozens of responses. дальше »

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Japan: Coincheck Crypto Exchange to Conduct First Initial Exchange Offering (IEO)

Coincheck crypto exchange has announced plans to conduct its first initial exchange offering (IEO) for the sale of Pallet Token (PLT), according to a press release on August 25, 2020. Coincheck to Launch Japan’s First IEO Hashpalette, a Japanese firm that’s into the distribution of graphic novels, music, and more, is joining forces with CoincheckRead MoreRead More. дальше »

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Polkadot’s New DOT Token Has Just Landed in the Top Ten Cryptos

Polkadot’s native token has only been transferable for around a week, but it’s already proving immensely popular. The “new DOT” as it’s dubbed following a redenomination last week, has skyrocketed through the rankings to land in seventh place between Bitcoin Cash and Litecoin, according to CoinGecko. дальше »

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Bitcoin Analyst Makes A Serious Bearish Call: A Drop Below $10.2K

An ongoing correction in the Bitcoin market may lead the cryptocurrency lower below $10,500, according to Alexander Nikitin. The founder of MPS Trade, an independent trading consultancy portal, spotted BTC/USD in a Head & Shoulder breakdown pattern. дальше »

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Everledger, JD.com Tap Blockchain for Diamond Authentication 

Everledger and JD. com have announced the launch of a distributed ledger technology (DLT) solution designed to bring transparency to online diamond sales and reduce counterfeiting in the Chinese precious stones market, according to a report on August 25, 2020. дальше »

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Lazarus Group Hacking Methods Exposed by Security Report

The infamous Lazarus Group is holding strong. They show no signs of slowing down. According to a new report, the sophisticated hackers, connected with the North Korean Government, have left behind evidence. дальше »

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BitGo Weighs Building a Sidechain for WBTC as Ethereum Fees Climb

Digital asset trust company BitGo is in the process of “reaching out” to community partners to build an Ethereum sidechain because of rising fees, according to CTO Ben Chan. дальше »

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North Korean Hacker Group Targeted Crypto Firm Using LinkedIn Ad: Cybersecurity Report

According to a report by F-secure, a Finland-based cybersecurity company, hackers from the infamous Lazarus group targeted a crypto firm in an attack last year. дальше »

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Australian Conman Arrested for Alleged $1.73M Bitcoin Swindle

Serial Australian conman Peter Foster, who is alleged to have netted $1. 73 million worth of stolen bitcoin by impersonating someone else, has been arrested in Queensland, Australia. According to a report by The Sydney Morning Herald, on August 20, Mr. дальше »

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No Code Programing: What could it mean for blockchain

According to the Betty Blocks CEO, development of apps using the No Code platform...

The post No Code Programing: What could it mean for blockchain appeared first on Coin Journal.

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