A New York judge has said that crypto purchases might not be cash advances, and a class action suit against Chase can largely proceed. Southern District of New York Judge Katherine Polk Failla has ruled that purchasing cryptocurrency with a Chase Bank credit card does not necessarily count as a cash advance, as per Chase’s […]
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Bitcoin consolidates around $10,500, while U.S. stock markets drop amid trade war fears. Friday, Aug. 2 — Bitcoin (BTC) consolidated at around $10,500, while the top 20 coins by market cap are seeing mixed signals. 13 out of 20 top cryptos by market cap are seeing green at press time, with Texos (XTZ) recording the […]
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Instant crypto loans firm Nexo and international payment system corporation MasterCard are jointly launching a cryptocurrency credit card. Instant crypto loans firm Nexo and international payment system corporation MasterCard are jointly launching a cryptocurrency credit card. The development was announced in a press release shared with Cointelegraph on Aug. 2. “World’s first” Nexo claims the […]
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A new patent filing suggests that American retail giant Walmart may be developing its own U.S. dollar-backed digital currency similar to Facebook’s Libra cryptocurrency. A new patent filing suggests that United States retail giant Walmart may be developing its own U.S. dollar-backed digital currency similar to Facebook’s Libra cryptocurrency. Walmart filed patent for “Digital Currency […]
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Facebook’s Libra stands to be the largest DApp network to date, with over 2.4 billion active users — but will the dream be realized? The official announcement and details around Project Libra were provided to the world on June 18, 2019. Firstly, Libra was introduced: a new global reserve-backed cryptocurrency built on top of the […]
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Singapore’s financial watchdog warns of an online Bitcoin scam scheme using fabricated claims by a former prime minister. The Monetary Authority of Singapore (MAS) has flagged an online Bitcoin (BTC) scam scheme that offers Bitcoin investment using forged claims by a former prime minister. Website uses forged statements by a former prime minister to solicit […]
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The massive-scale hack of major United States credit card issuer Capital One has left the personal data of over 100 million individuals exposed. The massive-scale hack of major United States credit card issuer Capital One has left the personal data of over 100 million individuals exposed. As CNN reported on July 30, confidential data for […]
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While the nation’s second-largest bank is remarkably active in registering novel blockchain-powered solutions, critics fear that this might be not in the industry’s long-term interest. Earlier this week, Bank of America (BofA), one the United States’ largest financial institutions, made a massive splash in the crypto sphere as the details of its recently registered patent, entitled […]
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Brave Browser product manager Alex Wykoff announced that users of the latest software release will be able to withdraw their BAT tokens. Product manager at blockchain-enabled internet browser startup Brave Browser, Alex Wykoff, announced that users using the latest software release will be able to withdraw their BAT tokens in a post on Brave’s community […]
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Humanity Forward Fund, a new PAC supporting presidential candidate Andrew Yang, accepts donations in Bitcoin via Lightning Network. A new political action committee (PAC) supporting presidential candidate Andrew Yang is allowing donations in Bitcoin (BTC) via Lightning Network. The PAC, named Humanity Forward Fund (Humanity FWD), rolled out its Bitcoin-powered fundraising program, named “21 Days […]
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