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From Gold to Greenbacks: A Look at the US Dollar’s Devaluation, Manipulation and Militant Backing
26.2.2021
228 years ago the U.S. dollar was created and ever since then, the national currency has been both powerful and controversial at the same time. Moreover since 1971, after being backed by precious metals for decades, American dollars have been backed by nothing and estimates say a quarter of...
Dubai Based Crypto Investment Fund to Convert $750 Million Worth of BTC Into ADA and DOT Tokens
26.2.2021
A Dubai based crypto-based investment fund, FD7 Ventures says it will offload bitcoins worth $750 million and will use the proceeds to increase positions in Cardano and Polkadot tokens. According to FD7 Ventures, this switch to the two altcoins will help the fund to better serve the interests...
Fungram LTD Has Applied for Exempt Offering of Securities From the SEC
26.2.2021
PRESS RELEASE. On January 26, 2021, Fungram LTD, as a comprehensive blockchain enterprise serving the world, has applied for an Exempt Offering of Securities from the U.S. Securities and Exchange Commission (SEC). Based on the three major ecological sectors, DeFi lending system, encrypted index...
Cyber Criminals Are Now Hiding Their Stolen Cryptos 13x Faster, Says Report
26.2.2021
A new report unveiled a growing trend of efforts from cybercriminals hiding their stolen cryptocurrencies through different transaction flows. Crystal Blockchain pointed out that since 2019, the volume of stolen bitcoin grew significantly. Only 8% of the Funds Were Transferred to Exchanges With...
Philippine Crypto Exchange Demands Users Return Bitcoin Bought at $6,000 Following System Error
26.2.2021
Philippine crypto exchange Pdax recently suffered a costly technical failure – one that led to bitcoin trading at 300,000 Philippine pesos (around $6,000) – a discount of 88% to its current price. In the melee, some users managed to buy at these ridiculously low prices and quickly moved...
Spanish Real Estate Agency Offers an Apartment in Barcelona for Sale in Bitcoin- Taxes Must Be Paid in Fiat
26.2.2021
A Spanish real estate platform has listed its first-ever property for sale for cryptocurrency. The offer is entirely online, and whoever wants to buy the apartment in Barcelona must pay in bitcoin. Anyone Interested Can Pay 3.5 BTC for the Property Per an official announcement, Idealista is seeking...
Hashbon Launches Its HASH Token and Gets Listed on Coinsbit
26.2.2021
PRESS RELEASE. Established in 2016, Hashbon aims to provide payment services for both business and individual clients. One of the key differences between Hashbon and other crypto payment providers is that Hashbon charges 0% commission for crypto payments processing. Buyers pay and sellers receive...
Central Bank of Nigeria Governor Defends Decision to Exclude Crypto Players, Says the Order Is ‘in the Best Interests of Nigerians’
26.2.2021
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has defended the apex bank’s decision to exclude cryptocurrency transactions from the banking ecosystem. In his testimony before the Nigerian Senate, Emefiele claimed that the February 5 directive is “in the best...
Berkshire Hathaway’s Charlie Munger Advises Investors to Never Buy Bitcoin or Gold
26.2.2021
Berkshire Hathaway’s vice chairman and Warren Buffett’s long-time business partner, Charlie Munger, has advised investors not to buy bitcoin or gold. He believes the cryptocurrency is too volatile to serve well as a medium of exchange. Munger also says he doesn’t know which...
Simplex and Skrill Broaden Cryptocurrency Convenience by Launching New Onramp Solutions
26.2.2021
As enthusiasm for cryptocurrency mounts amid strong demand from retail and institutional investors, financial service providers Simplex and Skrill are building more inroads into the ecosystem, focusing on improving transactability and convenience. The digital payment services continue to expand...
Crypto Users Claim Popular Bitcoin Paper Wallet Generator Is Compromised, Millions Allegedly Stolen
25.2.2021
A number of forum posts and tweets say that the website bitcoinpaperwallet.com is compromised and people have said they have lost bitcoin using the paper wallet generator. Three years ago the website domain changed ownership and ever since then losses have been reported on Reddit forums...
Oxygen Protocol to List OXY Tokens on BitMax
25.2.2021
PRESS RELEASE. BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the joint primary listing of the Oxygen token (OXY) with auction facilitation for its platform users. The auction will begin on Bitmax on March 11...
Cryptocurrency Adoption Passes Another Milestone Surpassing 100 Million Users
25.2.2021
According to a new study conducted by Crypto.com, the total number of global cryptocurrency users has surpassed 100 million for the first time ever. The study, which measured the cryptocurrency marketplace’s size using onchain metrics, survey analysis, and internal data, recorded 106 million...
Craig Wright Plans to Take Legal Action Against BTC Developers, Hopes to Recover Over $3B in ‘Stolen Bitcoin’
25.2.2021
Craig Wright, the individual that claims to be Satoshi Nakamoto, seems to be planning to initiate legal action against a number of open-source blockchain developers. Wright’s legal team, Ontier LLP, has allegedly sent letters to programmers who work on blockchains like Bitcoin, Bitcoin Cash...
Coinbase Files for IPO via Direct Listing on Nasdaq — Valuation Soars Above $100 Billion
25.2.2021
Cryptocurrency exchange Coinbase has filed for an initial public offering with the U.S. Securities and Exchange Commission (SEC). The company has chosen the direct listing route and has applied for its shares to be listed on Nasdaq. Coinbase filed Form S-1 Registration Statement for its IPO with...
Indian Central Bank Informs Government of Major Crypto Concerns — Digital Rupee ‘Receiving Our Full Attention’
25.2.2021
India’s central bank governor Shaktikanta Das has revealed that the bank has “major concerns” about cryptocurrencies, and it has informed the government of them. He expects that the government will soon make a decision on cryptocurrency. Meanwhile, the Reserve Bank of India (RBI)...
Animoca Brands Brings “MotoGP™ Ignition” to Flow Blockchain, Announces First Collectibles NFT Sale
25.2.2021
PRESS RELEASE. 25 February 2021 – Animoca Brands, the developer and publisher of the successful blockchain games F1® DeltaTime and The Sandbox, is further expanding its push to bring mainstream consumers to blockchain by announcing that MotoGP™ Ignition, the competitive management...
The US SEC Revokes Registration of Long Blockchain Corp’s Securities
25.2.2021
The U.S. Securities and Exchange Commission (SEC) says it has revoked the registered securities of Long Blockchain Corp (LBCC) after the company failed to file annual reports since Dec. 31, 2017. In addition, the SEC says LBCC, which made the switch from soft drink production to activities related...
South Korean PC Gaming Rooms Rely on Crypto Mining to Profit During the Coronavirus Pandemic
25.2.2021
The coronavirus pandemic has significantly hit several entertainment routines of the people worldwide, and South Korea is not an exception. PC gaming rooms had to shut down in the country, but their owners found a way to make profits during the lockdown by participating in crypto mining. A PC Bang...
New Crypto Rules in Thailand Could Require Traders to Show Income Before Opening Trading Accounts
25.2.2021
Thailand seeks to introduce a new set of rules for retail crypto investors, specifically targeting those who want to open accounts. The Thai financial watchdog could require domestic crypto exchanges to ask traders for proof of income. Thai SEC Could Also Ask Crypto Investors to Prove Their...