Facebook has hired a Washington-based lobbying firm to help it grapple with the negative responses sparked by its planned Libra cryptocurrency project. Facebook has hired a Washington-based lobbying firm to help it grapple with the negative responses sparked by the announcement of its planned Libra cryptocurrency project. According to an O’Dwyer PR report published on […]
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Crypto exchange and brokerage ShortHop launches in seven additional U.S. states allowing its users to work with multiple platforms’ order books via a single window. Cryptocurrency exchange and brokerage ShortHop is now operating in seven additional U.S. states allowing its users to work with multiple trading platforms’ order books via a single window. As industry […]
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The general manager of the Houston Rockets pro basketball team, Daryl Morey, disclosed that he recently increased his Bitcoin holdings. Daryl Morey, the general manager of the Houston Rockets basketball team, said that he recently bought more Bitcoin (BTC). On Aug. 23, Morey tweeted “I just bought more” in response a pro-Bitcoin tweet by Morgan […]
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The crypto market is seeing minor losses after trading sideways for most of the day. Bitcoin is trading around $10,350. Monday, Aug. 26 — Top cryptocurrencies Bitcoin (BTC), Ether (ETH) and XRP are in the red. After trading sideways for most of the day, the market is currently seeing minor losses. Market visualization. Source: Coin360 […]
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VMWare CEO Pat Gelsinger says he believes Bitcoin is bad for humanity, citing its environmental impact and purported illicit use. Pat Gelsinger, the CEO of major cloud computing and virtual machine company VMWare, has condemned Bitcoin (BTC) as being “bad for humanity.” Fortune spoke to Gelsinger about Bitcoin prior to VMWare’s annual conference in San […]
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A New Zealand radio host has stated that crypto promotional ads containing his likeness are not genuine. New Zealand radio personality Duncan Garner, who hosts The AM Show on MagicTalkRadio, has denied promoting Bitcoin (BTC) on Facebook. I don’t do any of that ‘coin’ Local news daily NewsHub provided a video of Garner denying his […]
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Physical Bitcoin futures settlement exchange CoinFlex has received $10 million in funding from Roger Ver, Polychain Capitals and other investors. Hong Kong-based cryptocurrency futures exchange CoinFlex has received $10 million through a funding round that closed last week. Recent funding and goal Asia-focused newspaper South China Morning Post (SCMP) reported the news on Aug. 26. […]
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Australian computer scientist Craig Wright has reportedly lost a court case due to perjury, according to a court audience member. The protracted legal battle involving self-proclaimed Bitcoin (BTC) inventor Craig Wright and the estate of computer scientist David Kleiman could go in Keiman’s favor. According to a court audience member on Aug. 26, Judge Bruce […]
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The Central Bank of Brazil has adopted guidelines from the International Monetary Fund for classifying cryptocurrencies. The Central Bank of Brazil has moved to classify bought or sold cryptocurrency assets per International Monetary Fund (IMF) guidelines. Brazil’s central bank announced its decision on Aug. 26. With the new classification under IMF standards, traded cryptocurrencies will […]
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U.S. court cases against crypto and blockchain firms are inconclusive, but international cases appear to be showing clear support for cryptocurrency. Over the last 24 months, all major legal systems have been floundering to develop a regulatory framework that can be applied across the blockchain industry. This lack of a standard foundation has led to […]
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