Lawyers representing creditors of the collapsed exchange QuadrigaCX have hired blockchain forensics specialists to help with the ongoing investigation. The Canadian law firm representing creditors of the defunct crypto exchange QuadrigaCX has hired consultancy firm Kroll to advance its investigation into $190 million lost in user assets in early 2019. As reported, controversy has engulfed […]
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U.S. dollar strength combines with a decision on monetary policy in Europe as a backdrop to fresh fear among Bitcoin investors. Bitcoin (BTC) continues to test $10,000 support after a weekend in which it consolidated after a major drop — what next? Cointelegraph takes a look at the major factors set to influence BTC price […]
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That’s one less travel headache A blockchain-based app aimed to make travel during the pandemic easier has been launched. The app, called ICC AOKpass, allows users to verify their COVID-19 status instantly. Dorjee Sun, CEO of blockchain firm Perlin, told CIR Magazine that ICC AOKpass “uses a common global standard that can be deployed and […]
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Gold and Bitcoin as safe havens may be about to outperform stocks, a Bloomberg strategist says. Huge gains in stock markets despite the dire economic consequences of coronavirus may soon be a thing of the past, one analyst warns. In a tweet on Sep. 4, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, said that […]
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Authorities in the canton of Zug now embrace cryptocurrency for tax settlement. The Swiss canton of Zug is making it easier to imagine a world in which cryptocurrency users are resolutely in the mainstream. The canton — which has earned itself the moniker of “Crypto Valley” for its positive stance towards cryptocurrencies — will begin allowing […]
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Not even the Colombian president is exempt from being impersonated by Bitcoin scammers. The Colombian police have issued a warning about fraudsters promoting a Bitcoin scam website to social media users. The “announcement” about the launch of a fake Bitcoin-related investment system was purportedly “approved” by Ivan Duque, President of Colombia. According to Colombia Check, […]
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Rampant inflation of the dollar’s M2 money supply is only enriching the “cantillionaires,” Max Keiser argues as its velocity hits record lows. There are more United States dollars than ever, but the rate at which they move around the economy has never been so low. That was according to the Federal Reserve’s own statistics on […]
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The island continues to work toward full crypto adoption. The Government of Bermuda has announced their partnership with stablecoin platform, Stablehouse. Together they hope to roll out a pilot program for a digital “stimulus” token, targeting both residents and merchants within the islands. According to The Royal Gazette, the idea of launching such a program […]
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Fed Chairman Jerome Powell threw the U.S. dollar under a bus last week at the central bank’s annual Jackson Hole, Wyoming, meeting. The Economic Policy Symposium hosted annually by the Federal Reserve Bank of Kansas City — an event attended by finance ministers, central bank managers and academics, among others — was held virtually due […]
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Jing’an Culture and Tourism Bureau is issuing blockchain-based discount coupons using its WeChat mini-program. The Jing’an District of Shanghai has started offering blockchain-based discount coupons. Local news outlet Shine reported that the district will issue the coupons using one of WeChat’s mini-programs operated by the Jing’an Culture and Tourism Bureau. WeChat mini-programs are smaller sub-applications […]
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