Japanese retail giant Rakuten enabled its customers in Japan to exchange Rakuten Group’s loyalty points to Bitcoin, Ether, or Bitcoin Cash. Japanese retail giant Rakuten now lets its customers convert its Rakuten Group loyalty points to major cryptocurrencies like Bitcoin (BTC). According to an official announcement on Dec. 24, this capability is immediately available for […]
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Crypto YouTubers are greeting the holidays with the sobering news that their content appears to have been censored by the platform. Crypto YouTubers are greeting the holidays with reports that their content appears to have been censored by the platform. In a tweet published on Dec. 23, Chris Dunn — a crypto YouTuber with 210,000 […]
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Fresh but somewhat vague statements from the Chinese State Administration of Foreign Exchange reveal a new push to clarify the country’s crypto approach. China has hinted that its treatment of cryptocurrencies such as Bitcoin (BTC) may change again as it looks to reform its forex markets. As Reuters reported on Dec. 24 citing a senior […]
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China’s latest bond issuance on the ledger is a sign of trust placed into the blockchain technology, but not everything may be rosy. The Bank of China has recently issued 20 billion Chinese yuan ($2.8 billion) of special bonds, which it has sold in order to fund small and micro-enterprise businesses, according to the China Development […]
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Major cryptocurrency payment service provider BitPay had a temporary outage of Bitcoin payments on Dec. 22. Major cryptocurrency payment service provider BitPay has confirmed that its service had a temporary outage of Bitcoin (BTC) payments on Dec. 22. Bitcoin payments were briefly unavailable for almost 3.5 hours on BitPay as the company was working to […]
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Head of the digital currency research institute at China’s central bank Mu Changchun said that the digital form of the yuan will be different from Bitcoin and stablecoins. The People’s Bank of China’s (PBoC) deputy director Mu Changchun said that the digital form of the yuan will be different to Bitcoin (BTC) and stablecoins. Chinese […]
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In a recent Twitter discussion, ETH co-founder Vitalik Buterin triggered a wave of arguments over the respective decentralization of Binance DEX and Ethereum itself. Binance’s decentralized exchange is a better target for criticism over being centralized than Ethereum, Vitalik Buterin believes. In a recent Twitter discussion, Ethereum co-founder Buterin triggered a wave of argument over […]
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Crypto exchange Poloniex announced a new account tier allowing for up to $10,000 in daily withdrawals that only requires an email address and password. Cryptocurrency exchange Poloniex announced a new account tier — dubbed Level 1 — allowing for up to $10,000 in daily withdrawals without requiring full Know Your Client (KYC) onboarding. According to […]
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The new fundraising phenomenon has so far failed to deliver for many buyers, who may have lost almost all their money depending on when they bought IEO tokens. Initial exchange offerings (IEOs), which launched in 2019 have lost investors up to 98% of their money, damning new statistics show. In its latest report on the […]
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Chinese authorities have seized nearly 7,000 crypto mining machines consuming electric power illegally. Chinese authorities have seized nearly 7,000 crypto mining machines, illegally consuming electric power. The cryptocurrency mining confiscation came as part of an inspection of more than 70,000 households, 3,061 merchants, 1,470 communities, as well as factories, mines, courtyards and villages in the […]
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