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Mt. Gox creditors may receive nothing if they fail to vote by Friday
7.10.2021
“I just want my coins back. I'm tired of how long and drawn out it is," said one user claiming to be one of the 24,000 Mt. Gox creditors
Lawmakers in Kazakhstan Propose Registration for Crypto Farms, Higher Electricity Rate for Miners
7.10.2021
Members of the parliament in Kazakhstan have proposed the establishment of a state register for cryptocurrency farms operating in the country. Alarmed by the growing consumption of energy in the sector, the lawmakers also want to charge miners a higher price for the electricity they use. Mazhilis...
Local Experts Say Zimbabwe Not Softening Its Stance on Cryptocurrency Just Yet
7.10.2021
Zimbabwean crypto and economic experts have suggested Finance Minister Mthuli Ncube’s positive comments about cryptocurrencies do not necessarily mean monetary authorities are about to remove restrictions that were imposed in 2018. The Case for Blockchain Instead, the experts claim...
Kraken Grants $150,000 BTC to Black Bitcoin Billionaire
7.10.2021
Kraken announced on the 6th of October that it would be granting a substantial amount of 150,000 dollars in Bitcoin to the cryptocurrency organization Black Bitcoin Billionaire. This organization is notable for increasing the heterogeneity in the world of crypto. To ensure that digital and crypto...
Ukraine President Zelensky Returns Law ‘On Virtual Assets’ to Parliament
7.10.2021
The Ukrainian president has sent the recently adopted law “On Virtual Assets” back to the Verkhovna Rada, the country’s legislature. The head of state has come up with his own suggestions and opposed the establishment of a new regulatory body that would require additional...
Youth Fashion Retail Chain Pacsun Now Accepts 11 Cryptocurrencies
7.10.2021
On October 5, the youth fashion and retail brand Pacsun announced the company is now accepting cryptocurrencies via Bitpay’s payment services. Pacsun says the company has a youthful audience that is “very tech-oriented” and the firm has seen an “increasing desire towards...
US Launches National Cryptocurrency Enforcement Team to Prosecute ‘Criminal Misuses of Cryptocurrency’
7.10.2021
The U.S. has launched the National Cryptocurrency Enforcement Team, an initiative of the Department of Justice (DOJ), to tackle and prosecute “criminal misuses of cryptocurrency, particularly crimes committed by virtual currency exchanges, mixing and tumbling services, and money...
AMC CEO Says ‘Huge News’ for Dogecoin Fans as the Movie Theater Chain Begins Accepting Crypto Payments for Gift Cards
7.10.2021
The CEO of the world’s largest movie exhibition company, AMC Entertainment, has announced “huge news” for dogecoin fans. While his company works on accepting cryptocurrencies, he said that customers can now “buy AMC Theatres digital gift cards … with dogecoin...
SEC Chairman Gary Gensler: No Plan to Ban Crypto, It’s up to Congress
6.10.2021
SEC Chairman Gary Gensler says that the SEC has no plan to ban cryptocurrencies as China has done. He noted that it would be up to Congress to make such a decision. Recently, Federal Reserve Chairman Jerome Powell similarly said that the Fed had no intention to ban or limit the use...
IMF Head Says Central Bank Digital Currencies Are Reliable, Hard to Think of Bitcoin as Money
6.10.2021
Digital currencies backed by central banks are the most reliable form of digital money, according to IMF managing director Kristalina Georgieva. At the same time, to think of cryptocurrencies such as bitcoin as money is difficult, believes the chief executive of the international financial...
Emirati crypto exchange BitOasis raises $30M to expand in MENA
6.10.2021
“Our aim is to build the largest and most trusted cryptocurrency platform in the region,” BitOasis CEO Ola Doudin said
No outages, no data leaks: The new WhatsApp killer built on the blockchain creates privacy-focused encrypted messenger
6.10.2021
Messenger and WhatsApp are known for aggregating user data and selling it for profit to advertisers. This company brings an encrypted messenger to protect the data
Blockstream’s Liquid Sidechain Criticized Over Long Outage — Block Signing Issue Related to Upgrade
6.10.2021
On Tuesday, cryptocurrency supporters on social media and forums discussed Blockstream’s Liquid sidechain product as block signing had been down for over 20 hours. While Blockstream had noted the sidechain was undergoing a hard fork upgrade planned for October 5, a number of crypto...
$BLOK Launch on QuickSwap and KuCOIN Exchange
6.10.2021
$BLOK, Bloktopia’s native token, is poised to go live on the KuCoin platform, a prominent cryptocurrency exchange. The trading will begin at exactly 15:00 ( UTC) on 6th October 2021. The process of listing will take place when all events of IDO on Red Kite, Seedify, Trustpad, and Oxbull have...
Indian crypto exchange CoinSwitch Kuber raises $260M
6.10.2021
Valued at $1.9 billion, CoinSwitch Kuber has become the largest crypto company in India, CEO Ashish Singhal said
Central Bank of Uruguay Describes Roadmap to Crypto Asset Regulation
6.10.2021
The Central Bank of Uruguay has issued a statement describing a roadmap for the regulation of cryptocurrency assets in the near future. The institution stated it has established a group to examine the best way possible to regulate these assets, considering the realities of the crypto industry....
US Bank Launches Cryptocurrency Custody Services Amid Strong Demand From Institutional Clients
6.10.2021
US Bank has launched its cryptocurrency custody services. “Investor interest in cryptocurrency and demand from our fund services clients have grown strongly over the last few years,” the bank said. US Bank’s Crypto Custody Services Now Live U.S. Bank announced Tuesday that...
Robinhood launches 24/7 phone support, crypto users included
5.10.2021
An influx of new users to the trading app and high demand for crypto products had previously resulted in longer customer service wait times
Edward Snowden Says Bitcoin Up 10x Since He Tweeted About Buying It, China’s Ban Makes BTC Stronger
5.10.2021
Privacy activist and whistleblower Edward Snowden says that bitcoin is up about 10 times since he tweeted about buying it. Bitcoin is stronger “despite a coordinated global campaign by governments to undermine public understanding of — and support for — cryptocurrency,”...
Bank of America’s Crypto Research Debuts: Digital Assets Are ‘Too Large to Ignore’
5.10.2021
Bank of America’s Global Research has begun covering crypto, debuting with a report stating that “digital assets are too large to ignore.” Noting that digital assets are “creating a whole ecosystem of new companies, new opportunities, and new applications,”...