U.S. authorities arrested two men for allegedly threatening to destroy a crypto startup after demanding millions of dollars in a shakedown. Authorities in the United States have arrested two individuals who allegedly threatened to destroy a startup crypto company if they were not paid millions of dollars in cryptocurrency. Extortion of crypto startup On Sept. […]
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Israeli cybersecurity startup GK8 developed the world’s first internet-free system for transacting cryptocurrencies. Israeli cybersecurity startup GK8 has reportedly developed the world’s first offline system for transacting cryptocurrencies. The new system uses GK8’s proprietary cryptographic techniques that enable instant blockchain transactions of digital assets without any need for an internet connection, Israeli business news publication […]
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The Turkish government has announced plans to establish a national blockchain infrastructure for public administration applications. The Turkish government has announced plans to establish a national blockchain infrastructure to utilize distributed ledger technology (DLT) in public administration. The Ministry of Industry and Technology set out its vision during its Strategy 2023 presentation on Sept. 18 in Ankara. […]
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A U.S. judge ruled that Craig Wright must give up half of what he and Dave Kleiman mined together — but how much is that? Since early 2018, Craig Wright, a controversial Australian computer scientist and tech entrepreneur, has been the defendant in a lawsuit filed on behalf of the estate of Dave Kleiman, Wright’s late business […]
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Altcoins are on fire. Can this rally continue and is this a good time to buy? Let’s analyze the charts. The Chicago Board Options Exchange has withdrawn its application for the VanEck/SolidX Bitcoin (BTC) exchange-traded fund (ETF). However, VanEck’s director of digital asset strategies Gabor Gurbacs stated that they will continue to work with regulators […]
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North Korea is reportedly in the early stages of developing its own Bitcoin-like cryptocurrency to avoid international sanctions. A North Korean representative reportedly said that the country is in the early stages of developing its own Bitcoin (BTC)-like cryptocurrency. North Korea trying to evade international sanctions On Sept. 18, Vice news reported that the Democratic […]
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Self-proclaimed Bitcoin creator Craig Wright has entered extensive settlement negotiations with Dave Kleiman’s estate. Craig Wright, a self-proclaimed inventor of Bitcoin (BTC), has asked for another extension of a deadline to settle his case involving his late partner Dave Kleiman. Wright entered negotiations On Sept. 17, Wright’s attorneys filed a new 30-day extension for all […]
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It was Bitcoin’s turn for inertia this week as altcoin investors delighted in a long-awaited market upturn. Bitcoin (BTC) was still staying close to $10,200 on Sept. 18 as the largest cryptocurrency left it to altcoins to produce investor gains. Market visualization. Source: Coin360 Another day, another Bitcoin pump delay Data from Coin360 showed BTC/USD […]
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New York financial watchdog approves three stablecoin offerings including BUSD, backed by Paxos and Binance. A sign of things to come? Over the course of the past few weeks, the global cryptocurrency community bore witness to two major announcements related to stablecoins — with the first being the launch of Paxos’s gold-backed Ethereum token, PAX […]
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Keith Mali Chung — co-founder and president of African blockchain firm Loopblock Network — has returned almost $80,000 worth of Bitcoin mistakenly sent to his wallet. Keith Mali Chung — the co-founder and president of African blockchain firm Loopblock Network — has returned almost $80,000 worth of Bitcoin (BTC) mistakenly sent to his wallet. Chung […]
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