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US Federal Court Rules NSA Mass Surveillance Illegal, Credits Edward Snowden
3.9.2020
A federal appeals court has ruled that the U.S. National Security Agency (NSA) mass surveillance program that collected data on billions of Americans’ telephone calls was illegal and possibly unconstitutional. The program was exposed by former NSA contractor Edward Snowden. A Victory...
Bloomberg: Bitcoin could hit $500k or drop to zero
3.9.2020
Limited supply and increasing demand are pushing Bitcoin into becoming digital gold
Blockchain Bites: Bitcoin’s Steep Sell-Off, Pornhub’s Crypto Payments, Twitter’s Latest Hack
3.9.2020
Pornhub will accept BTC and LTC payments, a nonprofit wants Coinbase to be more transparent and credit default swaps are coming to the Ethereum blockchain
Bitcoin News Roundup for Sept. 3, 2020
3.9.2020
With the price of bitcoin pulling back sharply and U.S. legislators again advocating for blockchain, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
Altcoins Led Sell-off Intensifies as Bitcoin Erases All Monthly Gains
3.9.2020
The crypto market took another step lower for the second day in a row, with bitcoin (BTC) falling below USD 11,000 for the first time since the end of July.
At pixel time (15:12 UTC), BTC trades at USD 10,818 and is down by almost 5% in a day and a week. The price also dropped by 2% in a month,...
Bank of England governor dismissed Bitcoin as a means of payment
3.9.2020
Cryptocurrencies like Bitcoin don't quite convince Bailey, but he sees a lot of potential for stablecoins
Residents of Europe’s Crypto Valley Can Pay Tax Bills in Bitcoin, Ethereum
3.9.2020
Zug. The Swiss canton of Zug – the heart of the nation’s burgeoning crypto and blockchain industry – will be allowed to pay tax bills of up to USD 109,670 in bitcoin (BTC) or ethereum (ETH) from February 2021.
Per Bloomberg, the canton’s tax authority has sealed a deal with crypto custody firm...
3 reasons Bitcoin price suddenly plunged 7%, liquidating $100M in longs
3.9.2020
Bitcoin miners selling as well as a strengthening dollar are some of the reasons the price of BTC saw a significant correction, dropping below $11,000
First Mover: As Bitcoin Falls for Second Day, Long-Term Holders Probably Won’t Care
3.9.2020
The growing number of long-term bitcoin investors might be the cryptocurrency's most simple bullish indicator – more so than "600,000 asteroids."
Indian Prime Minister Modi’s Twitter Account Hacked, Bitcoin Donations Requested
3.9.2020
The verified Twitter account for Indian Prime Minister Narendra Modi’s personal website and mobile app has been hacked, Twitter has reportedly confirmed. Tweets asking for bitcoin donations for the Prime Minister’s National Relief Fund for Covid-19 were posted on the account. Twitter...
Bitcoin Plunges $403 in 1 Hour to Lowest in Month
3.9.2020
Price plunge came after reports that traders were selling an elevated level of bitcoin to exchanges for potential liquidation
Trezor Fixes New Vulnerability, KeepKey Working On It; New Malware Targets Wallets
3.9.2020
Swiss hardware wallet provider Shift Crypto said it has disclosed a vulnerability in the Trezor and KeepKey hardware wallets that could allow for potential ransom attacks – while a potentially nasty new malware strain is threatening to cause widespread wallet theft if left unchecked.
The...
Bitcoin Risks Deeper Price Pullback as Exchange Inflows Spike
3.9.2020
Wednesday saw a flurry of deposits onto exchanges, indicating some investors are trying to offload their bitcoin. That could further propel prices downwards
Bitcoin Miners Sold 63% More Coins Than Generated In a Day
3.9.2020
With yesterday’s correction in ethereum (ETH) and many DeFi tokens also spilling over into bitcoin (BTC), bitcoin miners sold BTC 844 (USD 9.5m) in a day, or 63% more coins than they generated in the same period of time.
Also, according to data from ByteTree, miners have continued to offload more...
Why Fusion’s DCRM is The Best Option for DeFi Users
3.9.2020
The race for blockchain interoperability was very much a trending topic during the bull market of 2017. Back then, we witnessed the birth of very promising projects like Fusion and Wanchain. Then the bear market started, and interoperability was no longer as hot as it once was, similar to every...
Not good for Bitcoin: US dollar is rebounding from multi-year support
3.9.2020
The U.S. dollar has rebounded from a crucial multi-year support area and the price of Bitcoin and gold are simultaneously rejecting
Swiss Canton Zug to Accept Taxes in Bitcoin, Ether From Next Year
3.9.2020
Citizens and companies in Zug will be able to pay up to $109,000 of their tax bill in either bitcoin or ether from February next year
Russian Ministry’s Crypto Mining Plans ‘a Cause for Concern’
3.9.2020
The Russian Ministry of Finance wants to ban crypto miners from receiving token rewards leading to what newspaper Izvestia has called “a de facto ban on the circulation of cryptoassets in Russia.”
The newspaper said it has seen Ministry of Finance-drafted legislation proposals pertaining to...
‘Crypto Valley’ residents can now pay taxes in Bitcoin
3.9.2020
Authorities in the canton of Zug now embrace cryptocurrency for tax settlement
Bitcoin price may spark ‘war of miners’ — 1-day pool outflows hit $18M
3.9.2020
Pools may be attempting to trade the dip, CryptoQuant suggests as its CEO warns about rivalries building