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Social networks and the digital economy: A preview of IMVU’s VCOIN
7.1.2021
After getting some boundaries in which to operate from the SEC, IMVU's new blockchain-based token will be a major test case for crypto
Bitcoin Price Leaps Over $38,600- Analyst Says BTC’s Parabolic Move ‘Highly Abnormal’
7.1.2021
Digital currency markets continue to see strong gains, as the overall market valuation of the crypto economy has jumped $32 billion over the $1 trillion market cap after hitting the record number for the first time. Moreover, the price of bitcoin touched yet another all-time high on Thursday...
Kenya Expects to Earn $46 Million as New Tax Targeting Crypto Exchanges Comes Into Force
7.1.2021
The Kenya Revenue Authority (KRA) is expecting to earn up to 5 billion Kenyan shillings ($45.5 million) during the first half of 2020 from a new tax that targets cryptocurrency exchanges and other online services, according to a top KRA official. First proposed in August 2020, the digital service...
Trump Bans Chinese Payment App Giants Alipay and Wechat- Order Could Steer Billions of Dollars Toward Bitcoin
7.1.2021
Cryptocurrencies may see a boost between China and the U.S., as the American president Donald Trump has signed an executive order banning financial transactions with eight China-based payment applications. Following the signing of Trump’s new executive order, popular payment apps including...
China Pilots Phone-free Digital Yuan Wallet at Shanghai Hospital
6.1.2021
The Chinese central bank, the People’s Bank of China (PBoC) appears to have green-lighted a “hard wallet” smartphone-free pilot for its forthcoming digital yuan.
Per a Tencent news report, the pilot is being conducted in the staff cafeteria of the Shanghai Jiao Tong University School of Medicine’s...
Crypto Regulation Commences in Serbia: Trading, Mining Legalized
6.1.2021
Serbia has started regulating the crypto industry as the country’s law on digital assets has gone into effect. It requires cryptocurrency service providers to obtain a license and legalizes crypto activities, including trading and mining. Serbia Starts Regulating Cryptocurrency Serbia’s...
Bitcoin Sets New All Time High Spiking Over $35,000
6.1.2021
Bitcoin’s record-breaking start to the new year continued on January 5 after the top crypto set another new all-time high (ATH) of $35,879. Based on this new milestone, the top cryptocurrency has now surged by more than 20% in just the first of five days of the new year. Record-Breaking Start...
Italian Banking Association launches experimental digital euro project
6.1.2021
The Italian Banking Association, ABI, is conducting digital euro tests as the European Central Bank is yet to make a clear decision on a central bank digital currency
Ukraine Chooses Stellar Foundation to Develop Its CBDC, Regulatory Infrastructure for Stablecoins
6.1.2021
The Ministry of Digital Transformation of Ukraine has picked the Stellar Development Foundation (SDF) to develop its central bank digital currency project (CBDC). Ukraine Picks Stellar Foundation to Develop Its Central Bank Digital Currency and National Virtual Asset Strategy According to...
Grayscale Investments Clears Out XRP in Its Digital Large Cap Fund
6.1.2021
Grayscale has sold all of its XRP holdings to purchase bitcoin, ether, and other crypto assets. In an announcement made earlier today, Grayscale made it known that the firm has sold all of its XRP tokens from the Digital Large Cap Fund. Grayscale Sells Off All XRP Holdings There appears to be more...
The Reported Number of Stolen BTC Drops by 92% as ‘Bitcoin Security Appears to Be Improving’
6.1.2021
The number of stolen bitcoins that were publicly reported in 2020 dropped to 4,472 coins or 0.02% of the digital asset’s circulating supply. This new figure represents a 92% drop from the 56,870 reported in 2019. When using current bitcoin prices, the 2020 thefts caused losses that...
Onboarding Institutional Crypto Investors- Coinbase Helps Execute ‘One of the Largest Digital Asset Trades in History’
6.1.2021
Over the last year, institutional investors have been flocking toward crypto assets like bitcoin and after Microstrategy’s initial bitcoin purchase, the trending institutional demand for crypto started swelling. On Tuesday, the San Francisco trading platform Coinbase published a study that...
Skybridge Bitcoin Fund Debuts With $310 Million — Investment Manager Expects Each BTC Worth $535K
5.1.2021
Skybridge Bitcoin Fund’s assets under management have risen to $310 million. Expecting the cryptocurrency to become a digital replacement for gold, the firm reportedly values bitcoin at $535,000. Skybridge also predicts that bitcoin’s price will reach $100,000 this year. Skybridge...
Swedish Bankers Air Concerns Over E-Krona Digital Currency Plan
5.1.2021
While the Riksbank appears keen to launch the e-krona, bankers are worried about how the digital currency might affect their industry
Voyager Digital Reports 75% Revenue Rise in Q4, Cites Increased Crypto Adoption
5.1.2021
The Canadian crypto broker said its revenue growth was due to the growing adoption of cryptocurrency
LCX Exchange Gets Licensed in Liechtenstein to Help Banks Create Their Own Digital Assets
5.1.2021
LCX has been granted eight out of the 11 crypto-related licenses in Liechtenstein
[aktualita] Šlágr je předlužený, zrušte jeho ochranu, žádá Czech Digital Group
5.1.2021
Provozovatel televizních vysílačů Czech Digital Group navrhuje, aby soud zrušil mimořádnou ochranu TV Šlágr před úpadkem. Na majetek lidové hudební stanice by měl být podle doplněného návrhu operátora prohlášen konkurz, protože uvádí nesprávné údaje o svém hospodaření a je předlužená. Vyplývá...
Ukraine taps Stellar to develop digital asset infrastructure, including CBDC framework
4.1.2021
Stellar XLM’s development arm will work with the Ukrainian government on several digital asset initiatives
XRP Army Fils A Petition, Digital Yuan Giweaway + More News
4.1.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Legal news
XRP investors have filed a petition against the US Securities and Exchange Commission (SEC) on December 29, claiming "irreparable...
Bitcoin Price Drops 17%, Large CME Futures Gap Filled, BTC Spot Markets Rebound
4.1.2021
On January 4, 2020, the price of bitcoin slid to the lowest point of the year dropping from Sunday’s high of $33,800 per unit to $27,734 a few minutes after 5 a.m. (EST). In fact, the price dip filled CME Group’s large futures gap after the regulated exchange has seen six consecutive...