SWIFT says it conducted a successful trial of instant cross-border transfers in Asia. The Society for Worldwide Interbank Financial Telecommunications (SWIFT) announced a successful trial of instant cross-border transfers in Asia in a press release published on July 18. Per the release, the trial performed instant payments between 17 banks located in Australia, China, Canada, […]
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U.S. politicians tell a Facebook exec that Libra endangers Americans more than 9/11, BitMEX lands in hot water and Vitalik Buterin reveals his big idea for Ethereum. Coming every Sunday, the 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, […]
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Demand for virgin Bitcoin is currently at its all-time high. In a world where the global crypto community continues to face a growing number of regulatory hurdles with each passing day, the term “virgin Bitcoin” is starting to become more common among digital currency enthusiasts. However, it is of utmost importance to clarify what this […]
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A court dispute between an exchange and a user reinforced China’s willingness to recognize the cryptocurrency. Bitcoin (BTC) has gained legal recognition by a second Chinese court in a further boost for the cryptocurrency in one of its harshest environments. A watershed for Bitcoin in China According to investor Dovey Wan, who linked to local […]
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Tencent Yujian Threat Intelligence Center has spotted Ryuk ransomware in China, and received an extortion request in the amount of 11 BTC during their study. Tencent Yujian Threat Intelligence Center says that a Ryuk ransomware virus has been spotted in China. The intelligence center released information on the outbreak in a report on July 16. […]
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China has the highest rate of “Facebook Libra” Google searches, while the U.S. is ranked 25th, according to Google Trends’ data. China is the global leader when it comes to searching for “Facebook Libra” on Google one month after the release of Libra’s white paper. China keeping a close eye on Facebook’s Libra As of […]
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Data from CB Insights suggests this year’s total for the space will be $1.6 billion, compared to $4.1 billion in 2018. Blockchain investment could drop by as much as 60% this year as attention continues to focus on Bitcoin (BTC), new data suggests. Smart Money Turns Off Blockchain According to a report from fintech research […]
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Does the U.S. government have the power to terminate Libra? What can it do? Things are heating up for Libra: This week’s United States congressional hearings showed that many politicians are not convinced by the safety aspects of Facebook’s cryptocurrency project, as they grilled the social media giant on privacy- and trust-related issues. In response, […]
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IMF chief economist Gita Gopinath has called on global regulators to be vigilant and take the proper regulatory steps regarding Facebook’s Libra. The International Monetary Fund (IMF) has called on global regulators to pay attention and take proper regulatory action regarding Facebook’s Libra. Speaking with Reuters on July 17, Gita Gopinath, chief economist at the […]
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Algorithms that can decode social media market sentiment are making waves in the institutional crypto landscape. Algorithms that can decode market sentiment are making waves in the institutional crypto landscape, a July 17 report from Reuters claims. An Arms Race for Algorithms With the resounding return of Bitcoin’s (BTC) volatility amid an ever-hotter crypto market, […]
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