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20% of Bitcoin Hashrate Is ‘Still in Mainland China,’ Report Claims
20.12.2021
As much as 20% of the world’s total bitcoin (BTC) mining hashrate may still be based in Mainland China despite September’s crackdown, a new report has indicated.
Although Beijing has been seeking to make an example of miners who continue to defy its blanket ban on mining, authorities in...
Asian Sellers Weighing on Bitcoin Price, But Possibly Not for Much Longer
20.12.2021
The bitcoin (BTC) price on average moves markedly lower during Asian business hours than it does during the European and US business hours, indicating that significant selling pressure is coming from Asian investors, new data from on-chain analytics firm Glassnode suggests....
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Kenyan Businessman Accused of Defrauding Investors of More Than $140 Million
19.12.2021
Businessman and owner of a Kenyan football club, Ricardo Badoer, has been accused of fleecing more than $140 million from investors via his Aidos Kuneen cryptocurrency. Threats Against Investors According to a local report, Kenyan businessman Ricardo Badoer is being accused of defrauding investors...
DAOs, Token Holders Could Face New Tax Liabilities, PwC Report Warns
17.12.2021
People who are part of Decentralized Autonomous Organizations (DAOs), or even holders of certain decentralized finance (DeFi)-focused governance tokens, could have tax liabilities that far exceed what they expect to see, a new PwC report on crypto taxation has warned....
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Binance and FTX Competing for Landmark Barcelona Shirt Sponsorship Deal – Report
17.12.2021
Two major crypto exchanges – Binance and FTX – are preparing to go head-to-head in a battle to become the main shirt sponsor of the football giant FC Barcelona, a new report has claimed.
The existing ties between the cash-strapped club and crypto are already substantial. The Catalan club’s...
NBA Legend Kevin Durant Joins Coinbase to Help Promote the Crypto Exchange’s Brand
16.12.2021
American professional basketball player for the National Basketball Association (NBA) Kevin Durant, is joining Coinbase according to a recent report from Bloomberg. According to the report, Durant will appear as “a face of the brand” and will help promote the exchange’s...
Bitcoin pushes for $50K! Is the downtrend finally over? | Tune in now to The Market Report w/ Sam Bourgi
16.12.2021
“The Market Report” with Cointelegraph is live right now with special guest Sam Bourgi, business editor at Cointelegraph
Indian Government to Make Additional Changes to Crypto Bill: Report
16.12.2021
The Indian government is reportedly making additional changes to the country’s crypto bill. The bill, which is listed for the current session of parliament, may be taken up in the budget session instead. According to reports, the government could also “consider bringing an ordinance...
German savings banks want to enable Bitcoin for 50M clients: Report
14.12.2021
According to the plan, 50 million savings bank customers would be able to buy Bitcoin directly from checking accounts
Robinhood is Working On Crypto Gift Transfers - Report
14.12.2021
With the holiday season approaching, US online trading platform Robinhood is reportedly working on a new feature that will allow its customers to send cryptocurrency to other users as a gift.
The forthcoming functionality was discovered in parts of the code of a beta version of the company’s...
Economist Mohamed El-Erian Says Fed’s Characterization of Inflation as ‘Transitory’ the ‘Worst Call in History’
13.12.2021
On Monday, December 13, following Friday’s U.S. consumer price index report published by the Bureau of Labor Statistics, Americans are discussing the Federal Reserve. Thousands of tweets concerning the Federal Reserve topic have been trending on Twitter, as inflation has gripped the U.S....
E-Commerce Giant Amazon Backs Wax Blockchain-Based Fractional Trading Card Market Dibbs: Report
11.12.2021
According to reports, the e-commerce giant Amazon has recently invested in a fractional sports trading card marketplace called Dibbs. The platform, built on top of the Wax blockchain, allows users to purchase and sell fractions of collectible trading cards. Reports further add that the financial...
South Africa's financial regulator plans to introduce framework aimed at protecting vulnerable crypto investors: report
10.12.2021
“What we want to be able to do is to intervene when we think that what is provided to potential customers are products that they don’t understand that are potentially highly risky,” said Unathi Kamlana
SPLC report examines use of Bitcoin and Monero by right wing extremists
10.12.2021
Several political extremists have derived a great deal of wealth from cryptocurrency donations since their supporters can remain anonymous and transactions can't be censored
Perhaps Binance’s CZ Isn’t World’s Richest Ethnic Chinese Person After All – Report
10.12.2021
Just over a week after a major Chinese media outlet claimed that the Binance Founder and CEO Changpeng “CZ” Zhao is the richest ethnic Chinese person alive, another report has surfaced questioning the logic of the original report.
In an article published by the media outlet Yijian Finance,...
Bitcoin continues consolidation: Are we still in a bull market? | Tune in now to The Market Report w/ Ran Neuner
9.12.2021
“The Market Report” with Cointelegraph is live right now with special guest Ran Neuner, co-founder and CEO of Onchain Capital and founder of “Crypto Banter.”
Ethereum transaction energy use equals to 2.5 miles in a Tesla Model 3, report
9.12.2021
One Ethereum transaction uses enough energy to power a house all day, but how much does the fiat financial system use?
India to Impose Ban on Crypto Payments, Deadline for Declaring Crypto Assets, KYC Rules: Report
8.12.2021
The Indian government has reportedly proposed banning the use of cryptocurrency for payments and setting a deadline for investors to declare their crypto holdings. Violators may be arrested without a warrant and held without bail. In addition, the crypto bill may call for a uniform...
Tezos blockchain notes power savings after PoS switch: PwC report
7.12.2021
The switch to proof-of-stake has had noticeable energy saving effects for the Tezos network
Report: Mirror Trading International Said to Be Owed Over $129 Million by Previously Unaccounted for Debtors
7.12.2021
Mirror Trading International, the now-defunct fraudulent bitcoin investment platform, is said to be owed more than $129 million by debtors that had not been declared previously. Unaccounted for Debtors Liquidators of the collapsed South African bitcoin Ponzi scheme, Mirror Trading International...