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Public interest in central bank digital currencies surpasses Bitcoin in 2020
24.8.2020
The 2020 pandemic could accelerate global efforts to issue CBDCs, say BIS analysts
$50 Billion in Cryptocurrency Left China Amid Escalating Trade Wars
24.8.2020
Over $50 billion in cryptocurrency flowed out of China over the past 12 months amid trade wars, a new study finds. East Asia is the world’s largest cryptocurrency market; its crypto trading volume is driven by “a robust professional market” as well as an “extremely...
Brazilian Crypto Companies to Self-Regulate: Target a $100 Billion Market by Year-End
24.8.2020
Brazilian crypto companies have signed a code of self-regulation that aims to legitimize and to boost adoption of crypto assets in the country. The document was signed under the auspices of Abcripto, the country’s association of cryptocurrency companies. According to regional media reports...
The 3rd Edition of Blockchain Summit Global 2020 is Readapted to Be Virtual, Global, and Free!
24.8.2020
You will have the opportunity to see market leaders talking about how Blockchain Technology impacted their companies or their customers, just to name a few: IBM, Microsoft, IOVLabs, Grant Thornton, AMAZON, AAVE, Coca Cola, UNICEF, ConsenSys, and FedEx. Below you will find some of the keynote...
New Demand for Cryptocurrencies: Trading on Bitcoin Cash KYC-Free Exchange With Blind Escrow
24.8.2020
Governments are injecting record levels of new money into economies to contain the impact of shutdowns. Restrictions imposed on people in countries all over the world have forced many to look for alternative but safe ways of transacting. This is one reason why blind escrow bitcoin cash trading...
Inter-Blockchain Liquidity: Minting Synthetic Bitcoin Cash With the Ren Protocol
24.8.2020
The decentralized finance (defi) ecosystem has matured quite a bit in 2020 and one project that’s seen some growth is the Ren Protocol. The application that allows people to access inter-blockchain liquidity for a number of defi applications. The following post is a step-by-step guide on...
Darknet Giant Empire Market Offline for 36 Hours, Blame Cast at Massive DDoS Attack
23.8.2020
According to a number of sources, one of the largest darknet markets in the world, Empire Market has been offline for well over 36 hours. The researcher and analyst Dark.fail has been tweeting about the subject, as the market hasn’t been down for this long since 2019. It seems the popular...
Re-Mining Simulation Shows Satoshi Used a Single High-End PC to Mine 1.1M Bitcoin
23.8.2020
Cryptocurrency advocates have been recently discussing the mysterious Bitcoin inventor Satoshi Nakamoto as RSK’s chief scientist, Sergio Dermain Lerner, published a paper called “The Patoshi Mining Machine.” Essentially, Lerner simulated Satoshi’s mining experience....
Iran Shuts Down 1,100 Illegal Bitcoin Miners; Whistleblowers Rewarded $2,400
23.8.2020
Iran’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly shut down 1,100 illegal bitcoin mining farms in the country, local media reported. Whistle-blowers tipped off authorities on unauthorized miners following a July announcement of rewards including...
INX Limited Announces Effectiveness of Security Token IPO
23.8.2020
23rd August, 2020, NEW YORK, United States – INX Limited announced that the Securities and Exchange Commission (SEC) has declared as effective its registration statement on Form F-1 filed in connection with the initial public offering (the “Offering”) of up to 130 million...
Bitcoin.com Wallet Launches Cred’s 1-Touch “Earn” Button
23.8.2020
Bitcoin.com, a global blockchain leader with over 11 million Bitcoin wallets, and Cred, a global blockchain-enabled financial services platform serving clients in 190 countries, today announced a major milestone in their ongoing strategic partnership. The latest Bitcoin.com wallet now features...
Bitcoin Stalls, Ethereum 2.0 Outage, IRS Crypto Crackdown: Hodler’s Digest, Aug. 18–24
23.8.2020
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link!
12 Bitcoin Cash-Fueled Flipstarter Campaigns Raise $1 Million
23.8.2020
The Flipstarter platform has gained traction in the last five months raising $1 million in bitcoin cash for 12 different campaigns. In a recent read.cash blog post, the team behind Flipstarter’s development said the application demonstrates how “stakeholder funding of the commons...
Stock Trader Dave Portnoy Dives Into Bitcoin, Only to Panic-Sell After Chainlink Plunges
22.8.2020
High profile stock trader Dave Portnoy has panic sold his bitcoin one week after he got into cryptocurrency. He cited the falling price of chainlink, another of his crypto investments, as the main reason. Dave Portnoy Got in and Out of Crypto in One Week American trader and founder of Barstool...
IRS Prioritizes Cryptocurrency, Now First Question on 1040 Tax Form
22.8.2020
The new U.S. tax form is out and the cryptocurrency question is the first one on the main 1040 tax form used by about 150 million people to file their taxes. The Internal Revenue Service (IRS) requires all tax filers to declare whether they have received, sold, exchanged, or acquired...
Why the Rise of the CBDC Is Bad for Your Privacy
22.8.2020
Like, hate, or fear them, central bank digital currencies (CBDCs) are on their way. There will be no stopping them. From Sweden to Thailand and China to Canada, governments the world over are experimenting with CBDCs. While most are being undertaken as pilots at this stage, China’s is all...
Grayscale’s Litecoin and Bitcoin Cash Trusts Trade for Tremendous Premiums
22.8.2020
This week data from Arcane Research shows there’s been massive demand for Grayscale’s recently launched publicly traded crypto trusts. Following the trusts getting DTC eligibility last monday LTCN (litecoin) shares have been selling for a 753% premium while BCHG (bitcoin cash) shares...
Nigeria’s Foreign Currency Crisis Boon for Bitcoin: Country Tops Wallet Downloads Ahead of the US
21.8.2020
Nigeria’s weakening naira currency, as well as the shortage of U.S. dollars, are forcing businesses to switch to bitcoin as the means of settling payments for international transactions. Nigerian businesses need the American currency to buy new supplies, as well as to order essential...
Rich Dad, Poor Dad Author Says ‘Major Banking Crisis Coming,’ Praises Bitcoin and Gold
21.8.2020
Robert Kiyosaki, the author of the best-selling book “Rich Dad, Poor Dad,” explained this week that time is running out as a “major banking crisis is coming fast.” The best selling author says now is “not a time to think about it” and said people should start...
IRS Plans to Ask Every American Worker if They Used Crypto in 2020
21.8.2020
Every American filing taxes for 2020 will have to tell the IRS whether they used crypto this year, according to new drafts from the tax agency