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Baidu Employee Jailed for Mining Crypto on 200 Company Servers
16.3.2020
The search engine developer downloaded monero mining scripts onto 200 of Baidu's servers
Is the South Korean Government Teaching Children How to Use Crypto?
16.3.2020
Source: iStock/recep-bg
A revamped learning resource platform aimed at boosting entrepreneurship in elementary and middle school pupils teaches children how to raise digital tokens in online crowdfunding incentives.
Per Yonhap, the platform, which went live on March 16, aims to nurture “young...
Crypto Leaders Lash Out Federal Reserve for Bailing Out Hedge Funds
16.3.2020
Those who witnessed the crisis of 2008 will definitely agree that the disaster was building up for months, and when it finally, it shook the entire global financial system. The major factions responsible for the economic crisis included the hedge funds, big finance houses, private banks, etc.,...
Bank of Russia Says New Digital Assets Bill Will Outlaw Crypto Trading, Issuance
16.3.2020
The central bank is in favor of digital securities, but maintains cryptocurrencies shouldn't be allowed in Russia
While the Crypto Market Was Hemorrhaging Value, These Tokens Mooned
16.3.2020
Why do certain altcoins moon? It’s a question that all crypto holders have pondered at some stage while enviously eyeing the ascent of a token that wasn’t even on their radar, let alone their portfolio. If the performance of obscure tokens in a bull market is discombobulating, how...
Nouriel Roubini's ‘Toilet Paper Commodification’ Plan Has a Crypto Bent
16.3.2020
Nouriel Roubini. Source: a video screenshot, Bloomberg
New York University economics professor and arch crypto-skeptic Nouriel Roubini has hatched an ingenious solution to the financial crisis brought about by the coronavirus pandemic – and it involves commodifying toilet paper.
In...
Russia’s Central Bank Seeks to Ban Crypto Issuance and Circulation
16.3.2020
Russia’s crypto bill will ban crypto issuance and circulation, a legal exec at the country’s central bank says
Does Crypto Need Circuit Breakers? Last Week’s Price Crash Ignites a Debate
16.3.2020
A longtime feature of stock exchanges, circuit breakers throw sand in the gears of a plummeting market like last week’s. Should crypto adopt them?
Bitfinex Onboards Fulgur Alpha, USD 280M Crypto Hedge Fund
16.3.2020
In an attempt to increase liquidity for institutional crypto investors, major crypto exchange Bitfinex, a sister company of stablecoin issuer Tether (USDT), has announced that it has onboarded a multi-million-dollar crypto hedge fund called Fulgur Alpha.
The exchange says in the press release that...
Stablecoins Gain Market Share Amid Crypto Bloodbath
16.3.2020
While most cryptocurrencies have lost half of their capitalization in one month, many stablecoins have seen recent growth in market share
Zimbabwe Returns to Crypto as Reserve Bank Proposes Regulatory Sandbox
16.3.2020
Zimbabwe is now warming up to crypto as the infamous Zimbabwe dollar exists once again
Sending Cash to Friends and Family Through Bitcoin ATMs Is Safer Than Crowding Bank Offices During Pandemic
16.3.2020
Transferring money over traditional channels may involve a lot of queuing in lines these days. Authorities around the world are trying to prevent large groups of people gathering in confined spaces to reduce the risk of transmitting the coronavirus infection. Remittances are a lifeline for people...
Cryptocurrency Exchange Bitfinex Lists $280M Crypto Hedge Fund
16.3.2020
Bitfinex has listed the $280 million dollar cryptocurrency hedge fund from Fulgur Alpha
Crypto Analyst Accused of Photoshopping Trade Screenshots
16.3.2020
A Twitter sleuth claims to have unearthed evidence that the popular analyst has been significantly altering screenshots illustrating his trade performances
Crypto Winter Returns: Breaking Down the Crypto Bulls
16.3.2020
When Bitcoin peaked at nearly $20,000 in December 2017, it was expected that it would come down, but only marginally. Sadly, what followed was equivalent to the global economic crisis of 2008 for the crypto industry. In a matter of months, Bitcoin was bleeding below $3,500 in January 2019 after...
Traders Flock to Tether, USDC, PAX – Stablecoins See Great Demand After Crypto Market Havoc
16.3.2020
Stablecoins have seen massive volume and growth this month especially after the market carnage on March 12. Per usual, tether has been the king of stablecoins following the market downturn, but the 4.6 billion USDT wasn’t enough for all the liquidity needed to shield the storm. Other tokens...
Crypto Is Brewing in Colombia: Active Adoption That Will Wake You Up
15.3.2020
The high popularity of cryptos among Colombians has made the country one of the leading references in the region
Crypto Carnage, Fears of $1,000 BTC, MakerDAO Crisis: Hodler’s Digest, Mar. 9–15
15.3.2020
In this week’s Hodler’s Digest, Bitcoin’s dramatic decline, MakerDAO left with bad debt worth millions, and how a BTC miner ended up with an $8M windfall
Bitcoin Cash IFP Debate: ABC Kicks Off Fundraiser, 3 Mining Pools Signal BCHN Support
15.3.2020
During the first week of March, there were prominent discussions concerning the recently announced infrastructure funding proposal (IFP). However, a number of crypto participants are focused on the market carnage and the possibility of a global recession. After the new full node project published...
Data Transparency and Fake Trading Volumes — Institutionalizing Crypto
15.3.2020
Are data and transparency the things to open the crypto world to institutional investment?