The super-rich in India prefer Bitcoin to altcoins as one in ten plan to invest in cryptocurrency, according to a new survey. High net-worth individuals (HNIs) in India are more likely to invest in Bitcoin than other cryptocurrencies, according to a new Huru India survey, FinancialExpress reported on Aug. 30. Digital currencies were the fourth […]
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GlobalFoundries, the world’s second-biggest semiconductor foundry by sales after TSMC, has filed multiple infringement lawsuits against its competitor. TSMC, the world’s largest independent semiconductor foundry and chip supplier for Bitmain, is facing multiple lawsuits from its competitor GlobalFoundries (GF). Alleged patent infringement GF, the second biggest semiconductor foundry by sales after TSMC, filed several lawsuits […]
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Countries and internet companies hold on to hard stances on cryptocurrency advertising, as the industry seeks to survive the challenges. The United Kingdom’s Advertising Standards Authority (ASA) recently resolved a complaint regarding advertising of Bitcoin (BTC) from the BitMEX crypto derivatives exchange. According to the ASA, the website showed Bitcoin graphs with misleading price dynamics […]
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What’s driving regulatory processes around crypto, and why should we welcome restrictions on an industry that has so far enjoyed nearly unbridled freedom? When we hear about holders of crypto being tracked down by the Internal Revenue Service, or that imprisonment is being considered for anyone using crypto in India, it conjures up a disconcerting […]
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Venezuelan Superintendent of Cryptoactives Joselit Ramírez says a Petro remittances platform is live and operational, as well as secure and easy to use. National Superintendent of Cryptoactives Joselit Ramírez has announced that crypto remittance platform Patria Remesa is live and functioning. Radio announcement about the platform The Bolivarian Government of Venezuela reported the news on […]
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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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Binance unveils its own project to rival Facebook’s Libra, Bitcoin’s dominance may not be what we all thought, and WhatsApp plots digital payments launch. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and […]
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An Australian woman has pleaded guilty to stealing $450,000 worth of the cryptocurrency XRP last year, and will face a hearing in October. Australian citizen Katherine Nguyen has pleaded guilty to stealing $450,000 in XRP — over 100,000 tokens — in January 2018. Local news channel 7News Sydney reported the latest about the case on […]
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A new petition has emerged in opposition to a bill restricting cash and digital currency transactions in Australia of over 10,000 AUD. More than 7,000 people have signed a new petition against drafted cash restrictions in Australia, different drafts of which include and exclude digital currencies from proposed limits. Earlier this week, Robert Barwick, director […]
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The U.S. Department of Treasury has sanctioned three alleged narcotics operators and their crypto addresses. The United States Department of the Treasury has added multiple cryptocurrency addresses to its Specially Designated Nationals (SDN) list under the Foreign Narcotics Kingpin Designation Act, or the Kingpin Act. These addresses, and the individuals associated with them, have been […]
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