$75,000,000 in Ether Reportedly Lost by Israel-based Crypto Service: Details

According to local tech media, cryptocurrency services vendor Fireblocks is being sued by Stakehound for losing $75 million дальше »

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StakeHound, Fireblocks in Hot Water After Losing Clients’ $75M in Ether (ETH)

StakeHound has filed a lawsuit against its cryptocurrency custodian Fireblocks at the Tel Aviv District Court, for allegedly losing the private keys to its $75 million worth of ether (ETH). StakeHound claims the digital currency was lost due to negligence on Fireblocks’ part, as the firm did not backup the private keys appropriately, according toRead More дальше »

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Alchemy Ethereum Developer Platform Adds Support for Optimism

Alchemy has inked a partnership deal with Ethereum layer-2 scaling solution developer Optimism. With the deal, devs on the Alchemy platform will be able to integrate Optimistic Rollups into their applications, offering users highly scalable, & cost-efficient solutions, according to a blog post on June 22, 2021. дальше »

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Bakkt users excited as new Visa debit card is unveiled

Digital asset marketplace Bakkt Holdings has launched a new Visa debit card for users to buy everyday items using digital currency. The debit card will enable users to buy items in-store or online wherever Google Pay and Apple Pay are accepted, according to the press release by the company. дальше »

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Wyoming: Digital Asset Bank WTD Bags Bank Charter to Offer Crypto Custodial Services

The Wyoming Division of Banking has awarded a bank charter to digital asset bank Wyoming Deposit and Transfer (WDT). WDT Bags a Bank Charter According to a report by Coindesk, the issuance of the bank charter will allow WTD to offer commercial banking and custodial services for tokenized assets and cryptocurrencies. For the uninitiated, theRead More дальше »

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Is The S2F Model Now Invalidated? Majority Of Bitcoiners Believe Bitcoin Will Stay Below $100K In 2021

Given bitcoin and altcoins are experiencing one of the most violent crashes in recent memory, investors are not so bullish on the OG cryptocurrency. That’s according to the results of a Twitter survey conducted by PlanB, the pseudonymous creator of the famous stock-to-flow (S2F) model. дальше »

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India: Crypto Investors Could Be Subject to 2% Levy on Purchases from Offshore Exchanges

A report posits that Indians might be charged a 2% levy on crypto purchased from overseas exchanges. Charges Could Be Imposed on Indian Crypto Enthusiasts According to a report by The Economic Times published on June 22, digital currencies bought from crypto exchanges outside India could be subject to a 2% levy charge. Dubbed ‘equalizationRead More дальше »

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Israel’s Central Bank is Reportedly Testing Digital Shekel CBDC

Israel is currently testing its digital currency according to the deputy Governor of the… The post Israel’s Central Bank is Reportedly Testing Digital Shekel CBDC appeared first on Coin Journal. дальше »

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DeFi Protocol Impossible Finance Suffers $700k Heist

Decentralized finance (DeFi) protocol Impossible Finance (IF) has suffered a flash loan attack, losing $700k to the hackers. The IF team has made it clear that users’ funds are secure and it would fully compensate all those affected by the attack shortly, according to a blog post on June 22, 2021. Impossible Finance (IF) Attacked Read More дальше »

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Crypto Firms Have Paid U.S Regulators $2.5B in Fines So Far: Elliptic Report

Regulators in the US have handed out fines totaling $2. 5 billion in enforcement actions against various crypto projects since Bitcoin's birth in 2009. This is according to a new report from Elliptic titled Sanctions Compliance in Cryptocurrencies. дальше »

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BitMEX is on a hiring spree as company looks to expand offerings

Against the drop of increasing regulatory scrutiny industry-wide, exchange platform BitMEX is on a hiring spree in a show of self-assurance. They are hiring derivative structurers, engineers, a head of financial crime compliance, and other positions lower in the hierarchy in Hong Kong, according to the exchange’s website. дальше »

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El Salvador’s Opposition Leaders Fight Against Country’s Bitcoin Law 

Members of El Salvador’s Farabundo Marti National Liberation (FMLN) have filed a lawsuit challenging the constitutionality of the Bitcoin Law passed by the country’s lawmakers earlier in June. The plaintiff claims El Salvador’s bitcoin (BTC) adoption push is not in the people’s best interest, according to an EL Mundo report on June 21, 2021. OppositionRead More дальше »

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Three Ethereum Testnets Are Transitioning to the Highly Anticipated London Upgrade

According to a blog post on the Ethereum Foundation’s website, three Ethereum testnets leveraging the London hard fork will go live during the next few weeks. Ethereum core developer Tim Beiko explained last Friday that the “upgrade will first go live on Ropsten, at block 10499401, which is expected to happen around June 24, 2021.” […] дальше »

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After Bitcoin U-Turn, Nigeria Plans To Launch Central Bank Currency This Year

According to Reuters, the Central Bank of Nigeria (CBN) plans to launch a digital currency pilot as soon as the end of this year. Last month, the CBN Governor, Godwin Emefiele, made a U-turn on Bitcoin and other cryptocurrencies by saying he will “allow” them. дальше »

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Here’s How Cardano Could Fail, According To Its Creator Charles Hoskinson

Charles Hoskinson, the creator of Cardano and IOG’s CEO, was interviewed by Lex Fridman for his podcast. Hoskinson talked about the past, present, and future and this platform in a discussion almost 5 hours long. дальше »

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Iran: Authorities Suspend Activities of Iran Blockchain Association

The Iranian government has suspended the Iran Blockchain Association (IBA) for reportedly violating laid down rules and operating contrary to its own articles of association. Iran Bans Blockchain Association  According to the Financial Tribune on Sunday (June 20, 2021), the suspension of IBA’s activities was carried out by Iran’s Ministry of Interior. The IBA whichRead More дальше »

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Malta’s ‘Wild West’ Approach: Regulators Claim $70 Billion in Crypto Passed Through ‘Blockchain Island’

The island country of Malta in the Mediterranean Sea has been known to be friendly toward cryptocurrency solutions and blockchain technology for years now. According to a regional report, government sources say more than $70 billion moved through the country over past years while regulations were lax. дальше »

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Banque de France Completes New CBDC Experiment for Securities Settlement

France’s central bank stated that it completed a new central bank digital currency (CBDC) experiment in collaboration with Switzerland-based cryptocurrency bank, SEBA.   Banque de France Partners with SEBA for CBDC Experiment  Banque de France made the announcement via a press release on Monday (June 21, 2021). дальше »

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Bear Market Confirmed, Says CryptoQuant CEO

Bitcoin is already in a bear market, according to CryptoQuant CEO Ki Young Ju дальше »

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Sotheby lists rare diamond for $15M: buyer can pay in cryptos

Auction house giant Sotheby’s announced Monday that a rare pear-shaped diamond will be up for sale in the coming month, but with a twist: the buyer could pay for their winnings in cryptocurrencies, according to Reuters. дальше »

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Sotheby lists rare diamond for $15M: buyer must pay in cryptos

Auction house giant Sotheby’s announced Monday that a rare pear-shaped diamond will be up for sale in the coming month, but with a twist: the buyer could pay for their winnings in cryptocurrencies, according to Reuters. дальше »

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Axie Infinity Beats NBA Top Shot to Lead the NFT Space

NFT-based game Axie Infinity is leading the non-fungible token (NFT) space with $25. 45 million in sales in the past week, according to CryptoSlam. Axie Infinity’s numbers beat Dapper Labs’ NBA Top Shot which has been previously leading the nascent market for early 2021. дальше »

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Colorado Universities to Study Blockchain’s Usefulness for Water Management

Lawmakers in the U. S. state of Colorado have greenlighted a bill that seeks to empower Universities to study the potential use case of blockchain and other new technologies in water management, according to reports on June 20, 2021. дальше »

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China’s AgBank Vows to Crack Down on Cryptocurrency Transactions

According to a June 21 Reuters report, the Agriculture Bank of China (AgBank) has moved to clamp down on crypto transactions and mining activities. AgBank, which is China’s major banking institution, cited recent guidelines from China’s central bank as the reason for its ban on virtual currencies. дальше »

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ECB Executive: Digital Euro Better at Consumer Privacy than Other Stablecoins 

European Central Bank (ECB) executive, Fabio Panetta has argued that the creation of a digital euro would help the apex bank protect its monetary sovereignty against threats from competing cryptocurrencies, while also offering users better privacy protection, according to a Financial Times report on June 21, 2021. дальше »

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Iran government reportedly bans local blockchain association

A crypto warning list is the main cause of the ban, according to the head of the Iran Blockchain Community.

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Malta Investigated for ‘Lax Oversight’ on Crypto Transactions

Malta has reportedly been singled out by the FATF for its lax oversight on cryptocurrency transactions, according to local media reports. The post Malta Investigated for ‘Lax Oversight’ on Crypto Transactions appeared first on BeInCrypto. дальше »

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XRP Might Not Be a Security, According to SEC Commissioner

SEC Commissioner Hester Peirce is calling for greater regulatory clarity дальше »

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Sichuan Mining Farms Begin to Shut Down — Seven-Day Stats Show Bitcoin’s Hashrate Plummeting

The hashrate of the Bitcoin network has been steadily falling since June 14 and after Sichuan miners were told to prepare operation shutdowns. Sichuan is the second-densest province in China where most miners are located, according to data stemming from the University of Cambridge. дальше »

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Elon Musk and China Won't Stop Bitcoin from Hitting $135,000 This Year, Says Famed Crypto Analyst

Bitcoin is still on track to hit $135,000 by December 2021, according to PlanB дальше »

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Stock to Flow Analysis: Worst Case Scenario Could See $135K BTC by December

Worst case price prediction for bitcoin using the stock to flow analysis could see bitcoin hitting $135,000 by December 2021 according to PlanB The post Stock to Flow Analysis: Worst Case Scenario Could See $135K BTC by December appeared first on BeInCrypto. дальше »

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$3.6 Billion Crypto Theft: South African Bank Denies Relationship With Fraud Accused Africrypt

According to local media, leading South African financial institution FNB is denying allegations of a banking relationship with the recently collapsed crypto investment company, Africrypt. Africrypt Stops Operations Abruptly Africrypt abruptly ceased operations nearly two months ago, prompting the banking institution’s denial. дальше »

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$3.6 Billion Crypto Heist: South African Bank Denies Business Relationship With Fraud Accused Africrypt

According to local media, leading South African financial institution FNB is denying allegations of a banking relationship with the recently collapsed crypto investment company, Africrypt. FNB also insists it did not enable the investment company’s transactions which helped Africrypt’s two directors disappear with billions of dollars in investor funds. дальше »

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Lights Go Off in Sichuan Bitcoin Mining Farms

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China also bans miners in hydropower -dominated Sichuan province

Southwestern Chinese province, Sichuan, has embarked on the present crackdown on crypto miners in China. According to the Chinese crypto media outlet, PANews, the province has identified 26 suspected mining projects it wants to screen and possibly shut down by June 20. дальше »

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Dogecoin Primed For Nasty Crash To $0.05 And Not Even Elon Musk Can Save It: Strategist

According to a prominent strategist analyzing the Dogecoin (DOGE) price, it appears that the meme cryptocurrency may be in line for a major crash. Though DOGE has plummeted over 60% from its May 8 all-time high, the crypto analyst sees a drawdown of an even larger magnitude —  and not even Elon Musk’s tweets can […] дальше »

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Danske Bank Takes Position on Cryptocurrencies, Will Not Interfere With Crypto Trading

Danske Bank will not block credit cards used in crypto trading, according to its newly announced position on cryptocurrencies. The Danish bank would also accept deposits related to crypto investments, although it follows a cautious approach towards decentralized digital assets. дальше »

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Crypto company CEO says the recent crypto boom brought increased adoption

Crypto usage in 2021 differs from the 2017 rally, according to the CEO of StormX.

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CBDC: Chinese Residents Can Now Convert DCEP to Cash at ATM Points 

The Industrial and Commercial Bank of China (ICBC), has now made it possible for Chinese residents to easily exchange their DCEP, the nation’s digital renminbi for fiat yuan and vice versa, at thousands of automated teller machine (ATM) locations in the country, according to a report on June 18, 2021. дальше »

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Bitcoin Has Three Major Flaws, According To Cornell Economist

Bitcoin continues to trend lower in the daily chart. After losing support in the $37,000 area, BTC trades at $35,540. The main cryptocurrency by market cap has been on a downwards trend since May 2021. дальше »

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China’s Sichuan Asks Bitcoin Miners To Shutdown Operations

According to reports, Sichuan’s Ya’an municipal government has asked Bitcoin miners to shutdown operations in the city. None of the three local sources available at the moment mention how long the crypto mines will remain closed. дальше »

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Goldman Sachs Begins Trading Bitcoin Futures with Galaxy Digital as its “Liquidity Provider”

According to Galaxy co-president, this is about “safety in numbers,” and once one bank joins, the others will have FOMO and will get on-boarded. The post Goldman Sachs Begins Trading Bitcoin Futures with Galaxy Digital as its “Liquidity Provider” first appeared on BitcoinExchangeGuide. дальше »

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Pantera Capital CEO: Bitcoin Has Only Been This “Cheap” 20% Of The Last 11 Years

The best time to buy Bitcoin was a few years and when it first came around in the early 2010’s. The next best time to buy BTC? Right now according to Pantera Capital CEO Dan Morehead. In a tweet sent out recently, Morehead laid out the facts for why the the market is below trend, […] дальше »

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Formula 1 Racing Company McLaren Joins the NFT Trend with Tezos (XTZ)

McLaren Racing has inked a partnership deal with the Tezos (XTZ) blockchain project in a bid to mint its super unique non-fungible tokens (NFTs) on the network. The team says the multi-year deal makes Tezos its official blockchain partner across Formula 1, INDYCAR, and esports, according to a press release on June 17, 2021. McLarenRead More дальше »

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Bitcoin’s Hashrate Falls to a Yearly Low

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ENGIE, Energy Web Access to Electrify Sub-Saharan Africa with DeFi 

ENGIE Energy Access and Energy Web have inked a partnership deal aimed at electrifying Sub-Saharan Africa with green solar energy. The team plans to create what it calls decentralized finance (DeFi) crowdfunding platform that will enable investors to provide microloans that will support renewable energy deployment, according to a press release on June 17, 2021.Read More дальше »

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Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report

According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until June 25 to shut down operations. Sichuan has been eyed closely in recent times as it’s estimated that a large demographic of miners are situated in the region. дальше »

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Kraken could go public in 12 to 18 months, according to CEO

CEO Jesse Powell has said the exchange is “doing all the prep work” to… The post Kraken could go public in 12 to 18 months, according to CEO appeared first on Coin Journal. дальше »

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Digital Renminbi and Cash Exchange Service ATMs Launch in Beijing

Two banks in China have begun offering cash exchange services for the digital renminbi, according to reports from local media. The post Digital Renminbi and Cash Exchange Service ATMs Launch in Beijing appeared first on BeInCrypto. дальше »

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Data shows Bitcoin is relatively ‘cheap’ at these prices, “best to buy” time for new investors

Dan Morehead, the CEO of Pantera, believes that Bitcoin is “cheap” when compared to the price trend over the last 11 years according to their June investor report. The post Data shows Bitcoin is relatively ‘cheap’ at these prices, “best to buy” time for new investors appeared first on CryptoSlate. дальше »

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