Grayscale suggests that Bitcoin is a hedge against economic turmoil, using the US-China trade war as a case study. Grayscale Investments, a digital assets investment firm that offers Bitcoin (BTC) trust shares, has published a case study on how BTC could be used as a hedge against financial instability. The firm used the case of […]
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A CFTC policymaker with long involvement in Bitcoin futures regulation is stepping down after over two years of service. Amir Zaidi, the director of the United States Commodity Futures Trading Commission’s (CFTC’s) Division of Market Oversight (DMO) is rumored to be leaving the CFTC within weeks. Multiple anonymous sources aware of the situation have confirmed […]
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Former richest man in Brazil has been arrested on suspicion of money laundering through Bitcoin trading in his wife’s name. Wealthy businessman Eike Batista has been arrested by federal police on account of suspected money laundering, which they believe he achieved by trading Bitcoin (BTC) on his wife’s behalf. The details of Batista’s arrest were […]
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The crypto market is mostly in the red, although losses appear to be relatively minimal. Thursday, Aug. 8 — Top cryptocurrencies Bitcoin (BTC), Ether (ETH) and XRP are all seeing minor losses at press time. Market visualization. Source: Coin360 Bitcoin is trading a little over $11,700 with a 0.2% loss on the day. The top […]
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Digital assets trading platform BitMart announces investment of millions from Chinese blockchain-focused venture capital firm Fenbushi Capital. Digital assets trading platform BitMart has reportedly secured “millions of investment” from Chinese blockchain-focused venture capital firm Fenbushi Capital. BitMart announced the news on Aug. 7. To bring transparency to the global economy With the investment, BitMart has […]
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Coinbase Custody Trust Company has appointed Richard Neiman and Robert Easton to its Board of Directors, who previously held various leadership positions in the New York State financial regulatory system. Coinbase Custody Trust Company has appointed two new members, previously of the New York State Banking Department and the New York Department of Financial Services, […]
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At least 4,836 BTC stolen from Binance in May 2019 was laundered through crypto tumbler Chipmixer. At least 4,836 Bitcoin (BTC) of stolen from Binance exchange in May 2019 was laundered through crypto mixing service Chipmixer. Attackers started laundering the stolen funds in a month after the hack Following a major Binance’s security breach that […]
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The Winklevoss twins’ Gemini platform is being added as a constituent exchange for the Chicago Mercantile Exchange’s cryptocurrency reference rates. The Winklevoss twins’ Gemini platform is being added as a constituent exchange for the Chicago Mercantile Exchange (CME Group)’s cryptocurrency reference rates. As revealed in an official tweet from CME Group on Aug. 8, Gemini […]
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The native token of crypto exchange Binance has soared ~11% despite yesterday’s rumors of a possible Know-Your-Customer data leak affecting exchange users. The native token of crypto exchange Binance has soared ~11% despite fresh rumors of a possible Know-Your-Customer (KYC) data leak affecting exchange users. According to data from CoinMarketCap as of press time, Binance […]
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Global monetary easing will continue pushing Bitcoin price higher, analysts say. China’s recent currency devaluation seems in line with similar policies taking place across the globe. Let’s take a look why Bitcoin price is rising as a result and why investors are increasingly considering taking shelter in Bitcoin — a neutral and borderless network for […]
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