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Major Chinese Bank Launches Central Bank Digital Currency Wallet Briefly
29.8.2020
One of China’s biggest banks recently opened up registration for wallets using the country’s central bank-backed digital currency. There are four levels of the wallet, according to reports. However, the bank took the offer down a few hours later. China’s Digital Currency Wallet...
Why a State Attack on Bitcoin Is Neither Likely, nor Likely to Succeed
29.8.2020
Now that bitcoin (BTC) is establishing itself as an alternative store of value, fears are growing that governments might one day be motivated to try to take it down.
Members of the Bitcoin community have recently been brainstorming scenarios involving theoretical governmental offensives against...
BitGo seeks to become a qualified crypto custodian in New York state
27.8.2020
Digital asset financial services firm BitGo has formally applied for a New York Trust Charter from the NYDFS
BitGo Applies to Be Regulated Custodian in New York State
25.8.2020
The crypto custody provider has filed paperwork with New York's financial regulator to offer its services in the state
12 Crypto Firms Authorized to Operate License-Free in Hawaii for Two Years
20.8.2020
The U.S. state of Hawaii has authorized 12 cryptocurrency companies to start operating in the state without needing a money transmission license. No action will be taken against them for conducting unlicensed money transmission activities for two years. Hawaii Green-Lights 12 Crypto Firms Several...
South African Regulator Pressures Bitcoin Investment Company, Urges Clients to Request Refunds
19.8.2020
An embattled bitcoin investment company, Mirror Trading International (MTI)’s troubles took another twist August 18 after the South African regulator, Financial Sector Conduct Authority (FSCA) said that it is investigating the investment company. MTI’s latest conflict with the regulator...
Chinese State-owned Banks Issue Flurry of Blockchain Patents
18.8.2020
Two of China’s biggest state-owned banks have registered a number of blockchain patents as both continue to expand the central People’s Bank of China (PBoC)’s fast-expanding, much-vaunted digital yuan pilot.
Per media outlet NBD, the banks in question are the Industrial and Commercial Bank of China...
radEventListener: a Tale of Client-side Framework Performance
18.8.2020
React is popular, popular enough that it receives its fair share of criticism. Yet, this criticism of React isn’t completely unwarranted: React and ReactDOM total about 120 KiB of minified JavaScript, which definitely contributes to slow startup time. When client-side rendering in React is relied...
Sichuan Officials Continue to Foster the Relationship Between Bitcoin Mining and Hydropower
18.8.2020
The province of Sichuan is well known for being one of the largest concentrations of bitcoin miners on earth because electrical costs are extremely cheap in the region. Data shows that miners using hydropower in Sichuan are paying between 0.065-0.075 yuan or $0.01 per kilowatt-hour. According...
South African Firms Ordered to Cease and Desist in 2 US States for Crypto Debit Card Fraud
17.8.2020
Two U.S. states have issued emergency cease and desist orders to South African firms and a South African national promoting a cryptocurrency debit card scheme. The companies claim that the card is like a traditional Mastercard but the states say the scheme is fraudulent. South African Firms...
Crypto VC Firm Assesses the ‘State of Blockchain Governance’
13.8.2020
Greenfield One, an early-stage venture capital firm, just published a comprehensive new resource on the topic of blockchain governance
Malaysian Crypto Miners Were Caught Stealing Electricity From the State
12.8.2020
They thought they had it made, but the Malaysian authorities were one step ahead
Indian State of Telangana Is Interested in Using Blockchain for E-Voting
12.8.2020
The State Government of Telangana may develop a blockchain e-voting platform for state and national-level use
Wirex Launching in US After Receiving State Money Transmission License
10.8.2020
Wirex has received its first money transmission license in the U.S., where the company is now gearing up to launch its “next-gen cryptocurrency platform linked to a spending card.” US Expansion Wirex announced Friday that it has received its first U.S. money transmission license and...
New York Regulator Fast-Tracks 10 Cryptocurrencies
8.8.2020
The New York State Department of Financial Services has created a Greenlist of pre-approved cryptocurrencies for custody service and listing. Meanwhile, crypto-friendly SEC Commissioner Hester Peirce, also known as Crypto Mom, has been confirmed for another term at the commission....
Chinese State Grid Launches Blockchain-Based Blackout Insurance Policy
8.8.2020
Zhejiang province issued its first blackout insurance policy backed by a blockchain platform
German Authorities Confiscate $30 Million in Bitcoin From Pirate Movie Site
7.8.2020
German authorities, with the help of the U.S. Federal Bureau of Investigation (FBI), have confiscated about $30 million in bitcoin from an operator of a pirate movie website. An unspecified amount of bitcoin cash was also seized. Bitcoin and Bitcoin Cash Seized The German state of Saxony’s...
China’s State-Run Banks Reportedly Testing Wallet for Digital Yuan
6.8.2020
State-owned commercial banks in China are reportedly testing a wallet for the country's forthcoming digital yuan
South African Bitcoin Investment Company Faces Fresh Scam Allegations
4.8.2020
FX Choice, a forex and crypto trading company, is making new allegations that South African bitcoin investment company, Mirror Trading International (MTI) is a multi-level marketing scam. The company says it uncovered this after researching into MTI, a firm that claims to have “118,027...
Over 90% of Ether Supply Is Now in 'State of Profit,' Says Glassnode
4.8.2020
Glassnode states that over 90% of the Ether token supply was bought at a lower price than that at which it's currently trading