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Bitcoin and Cryptocurrency Are ‘Like a Giant Garbage Dumpster,’ Says Minneapolis Federal Reserve President
13.2.2020
The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, said on Tuesday that bitcoin and other cryptocurrencies are “like a giant garbage dumpster.” He would rather his one-year-old daughter have a low yielding Treasury bond than a bitcoin, emphasizing that...
Treasury Secretary Mnuchin Gives Testimony on Cryptocurrency, New Regulations Rolling Out Soon
13.2.2020
U.S. Treasury Secretary Steven Mnuchin gave his testimony on cryptocurrency before the Senate Finance Committee on Wednesday. Mnuchin said crypto is a “crucial area” that the Treasury has spent a lot of time on. He also talked about stablecoins and announced that new crypto regulations...
‘Full Transparency Not Ideal for Cryptocurrency’ Says Chainalysis Exec
13.2.2020
Major global crypto AML service provider Chainalysis does not support full transparency in crypto despite not being able to track all privacy coins
Coinbase Custody Obtains Two Major Security Evaluations
13.2.2020
Coinbase Custody, the custody arm of crypto exchange Coinbase, has obtained SOC 1 Type 2 and SOC 2 Type 2 security reports
US Treasury Secretary Promises "Significant New Requirements" on Cryptocurrency
13.2.2020
Cryptocurrency remains a political issue in the United States
Coinbase Margin Trading Now Live for Coinbase Pro Users
13.2.2020
Coinbase has launched margin trading for users of its cryptocurrency trading platform, Coinbase Pro. Both individual and institutional investors in selected regions now have access to Coinbase margin trading. The company plans to expand access to more regions and provide more types of collateral...
How to Recover Your Funds If You Lose Your Bitcoin Wallet
13.2.2020
Losing a phone or hardware wallet containing cryptocurrency is inconvenient, but it shouldn’t be fatal. Provided you’ve backed up your private key, recovering your coins is a simple exercise. Should you find yourself in such a predicament, however, there’s a few things you should...
Russians Can Use Qiwi, Sberbank, Yandex Money and Now Binance P2P Exchange to Buy Bitcoin With Rubles
13.2.2020
A growing number of platforms allow Russian residents to purchase cryptocurrencies with local fiat money. Established cryptocurrency exchanges are not the most trouble-free option, however, as they often require extensive registration and rarely support popular payment methods in the region, unlike...
Altcoin Season Trending – LINK, XTZ, BSTX, HBAR Gain Up to 120% in 24h
12.2.2020
The last few days have shown bullish price activity across the list of top cryptocurrency markets. There’s been a lot of focus on coins like BTC, ETH, BCH, and EOS, but digital assets like HBAR (120%), STX (52%), XTZ (20%) and LINK (13%) have seen much larger gains this week. The cryptoconomy...
US Defense Contractor Seeks Cryptocurrency Exploiters
12.2.2020
U.S.-based intelligence services firm BAE Systems, Inc., is looking for so called cryptocurrency exploiters
Fed Chair Powell Reveals US Response to China’s Digital Yuan, Libra, Public Payments Ledger
12.2.2020
In his testimony before the House Financial Services Committee, Federal Reserve Chairman Jerome Powell answered a number of questions regarding digital currencies. While stating that “a ledger where you know everybody’s payments” is not a problem in China, he believes it is...
US Military Contractor BAE Systems Wants to Hire ‘Cryptocurrency Exploiters’
12.2.2020
The role will require candidates to have experience in working with the intelligence community
CipherTrace Releases Anti-Money Laundering Report for Q4 2019
12.2.2020
Crypto-blockchain forensic project CipherTrace has released the anti-money laundering report for the last quarter of 2019, and the results are saddening, to say the least. The results indicate that the doubts raised by politicians globally are not mere speculations, but have a certain level...
Tether on Algorand – Algorand Cements Its Position as 1012, A Major Ethereum Challenger for 2020
12.2.2020
Tether, the world’s most used stablecoin, with an estimated daily trading volume of 40-64 billion, announced that they would be partnering with Algorand. Traders will now have the option to use the USD-backed stablecoin on the Omni, Ethereum, Tron, EOS, and Algorand blockchains. Regarding this...
What’s Next for Crypto Crime in 2020?
12.2.2020
As the crypto market grows, there is an increased focus on a crime carried out using digital currencies. In the last few years, cryptocurrencies have broken out of the ‘currency of the criminals’ mold and been widely adopted. Eighteen percent of all Americans and 35 percent of all millennial...
Bitpay Partnership With Poynt Enables Crypto Payments at 100,000 Point-of-Sale Devices
12.2.2020
On February 11, the Atlanta-based payment processor Bitpay announced the firm’s recent partnership with the company Poynt. Now retailers will be able to support cryptocurrency payments using point-of-sale devices and crypto users will be able to pay with digital currencies at more than...
Bitcoin Cash Captured More Than 10% of Darknet Sales Last Month
12.2.2020
2019 was an interesting year for darknet markets (DNMs) and a number of marketplaces closed for a variety of reasons. Despite the closures, crypto payments on DNMs doubled for the first time in five years. Moreover, statistics from the blockchain analytics provider 1000x Group show digital...
Cryptocurrency Proponent Andrew Yang Ends Presidential Bid
12.2.2020
Presidential contender Andrew Yang dropped out of the race Tuesday. He advocated for clear crypto guidelines in the U.S. during his run
From Star Trek to Wikipedia: Crashing Bitcoin SV Fails to Impress
11.2.2020
The Bitcoin SV network and the infamous Craig Wright have been publicly scrutinized by two well known individuals. Wikipedia’s Jimmy Wales criticized BSV technology and said he doesn’t think recorded data from Wikipedia would be beneficial stored on a blockchain like BSV. Moreover...
Trump Views Crypto a Threat, Proposes Countermeasures in New Budget
11.2.2020
The White House released the Budget of the U.S. Government on Monday, outlining some proposals to increase cryptocurrency oversight which President Donald Trump views as priorities. The budget proposes giving the Treasury more power over crypto and requests funding for FinCEN to expand its efforts...