Australian courts allowed a plaintiff to use a cryptocurrency exchange account as a method of security against legal costs. As part of a defamation case in front of the New South Wales, or NSW district court, Judge Judith Gibson allowed cryptocurrency usage as collateral. “This is a recognized form of investment,” Gibson said of cryptocurrency, […]
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In a Twitter AMA, CoinMarketCap’s secretive CEO said he may be open to “more of a live format” for future AMAs. Crypto data site CoinMarketCap hosted a “live” ask me anything, or AMA, session on Twitter with company CEO and founder Brandon Chez — but the session only included Chez on Twitter standby posting comments, […]
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Brazil’s PIX will cut out payment intermediaries, enabling peer-to-peer and business-to-business transactions in seconds. The Central Bank of Brazil made some waves last week with its new instant payment system. While not blockchain-based, the new system, dubbed PIX, nevertheless is imbued with some of blockchain’s core attributes. Money transfers have historically been slow, cumbersome and […]
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If the bulls successfully defend the 200-day moving average on several major cryptocurrencies it might offer buying opportunities for traders. Recently, the chairman of Virgin Galactic Chamath Palihapitiya said that “everybody should probably have 1% of their assets in Bitcoin,” as it is “an uncorrelated hedge” to the excesses in the financial industry. He did […]
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Computer scientist Ronald Rivest has said that blockchain is not the right technology for voting, although it can find proper application in a number of other areas. Computer scientist Ronald Rivest has said that blockchain is not the right technology for voting, although it can find proper application in a number of other areas. Rivest […]
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Malta is keen to preserve its reputation as a blockchain hub after clarifying that leading crypto exchange Binance is not regulated by the island country In a recent interview, a Malta parliamentarian has sought to clarify the legal status of top cryptocurrency exchange Binance within the island country. Speaking to Cointelegraph, Malta’s Junior Minister for […]
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Bitcoin experts elaborate on whether self-proclaimed Bitcoin creator Craig Wright’s claims that Bitcoin can be seized to accommodate court orders are true. As Cointelegraph reported yesterday, self-proclaimed Bitcoin (BTC) creator Craig Wright claims that Bitcoin can and will be seized to accommodate court orders. What follows is an analysis of whether what he says is […]
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Budget proposals have revealed the existence of a ‘Cryptocurrency Intelligence Program’ within the US Immigration and Customs Enforcement agency. The United States Immigration and Customs Enforcement (ICE) has revealed the existence of a Cryptocurrency Intelligence Program (CIP) in the agency’s 2021 budget proposal. The proposal states that the CIP seeks to identify unlicensed capital flows […]
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The encryption process generates cryptographic keys that are used to lock (encrypt) and unlock (decrypt) data. There are two forms of encryption keys: symmetric and asymmetric. Key management providers, examples While many exchanges or custodians still operate a multisig cold wallet approach, there are now several key management providers on the market. Unbound Tech is […]
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Major crypto exchange Bitfinex has repaid another $100 million of the loan facility to stablecoin operator Tether. Hours after experiencing a major denial of service attacks (DDoS) attack, Bitfinex has announced it repaid another part of the loan facility to Tether. In a Feb. 28 blog post, Bitfinex revealed that the cryptocurrency exchange repaid $100 […]
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