Here is why Libra is not ready to launch a cryptocurrency yet and why lawmakers find it hard to separate Facebook from the association. Facebook’s CEO Mark Zuckerberg returned to Capitol Hill to testify before Congress on Oct. 23 about the company’s planned use of the cryptocurrency it is backing, Libra, attempting to debunk the […]
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Argentina’s central bank extends capital controls to ban the purchase of Bitcoin and cryptocurrency using credit cards. After recently imposing limits on U.S. dollar purchases, the Central Bank of Argentina (BCA) announced Oct. 31, that citizens are prohibited from using credit cards to buy Bitcoin (BTC) or other cryptocurrencies. The news was initially reported by […]
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Bitcoin is the third most-used online payment method in Italy, ahead of traditional credit cards like Visa, Mastercard and American Express. According to new data from marketing analysis firm SEMRush, Bitcoin (BTC) is the third-most preferred online payment method in Italy. Bitcoin comes in third place On Oct. 31, the Italian news outlet La Stampa […]
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The U.S. SEC and CFTC have both filed and settled charges against Switzerland-based securities dealer XBT Corp. SARL. The United States Securities and Exchange Commission (SEC) has filed charges against XBT Corp. SARL on the same day that the Commodity Futures Trading Commission (CFTC) settles charges against the same company. SEC allegations In a press release […]
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A new web app called Shhgit will scan the GitHub code repository and search for sensitive secrets, such as private crypto keys and passwords. A new web app, called “Shhgit”, will scan the web-based GitHub code repository and search for sensitive secrets, such as private crypto keys. Scanning for private crypto keys and passwords On […]
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Ethereum-based decentralized stablecoin DAI is now spendable where Visa cards are accepted and Tether sees more use by e-commerce organizations. Ethereum-based decentralized stablecoin DAI is now spendable where VISA cards are accepted and leading stablecoin Tether (USDT) is seeing increasing use by e-commerce organizations. DAI now usable in E.U. stores According to a press release […]
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Stablecoin operator Paxos is launching its settlement platform for U.S.-listed equity securities after receiving a no-action relief from SEC. Paxos Trust Company announced today that it is set to introduce its Paxos Settlement Service for a number of United States-listed equity securities. In an Oct. 28 press release, digital asset trust company Paxos stated that […]
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Government authorities are looking for new ways to track crypto to prevent or solve financial crimes, but this can decrease privacy. Tracking cryptocurrency transactions is getting easier for law enforcement agencies. On Oct. 16, Cointelegraph reported on how authorities in the United States successfully shut down an international child pornography site. To identify the criminals, the […]
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Ether flipped bullish, gaining 24% as Bitcoin rallied 42% on Oct. 25. The altcoin now aims for $200. On Oct. 25 Bitcoin (BTC) unexpectedly gained 42%, one of the largest daily gains witnessed since 2011. A number of altcoins benefitted from this startling upside move and Ether (ETH) rallied 24.23% alongside Bitcon. Daily crypto market […]
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Stablecoin Tether (USDT) has gained popularity as a payment method, catching up with Bitcoin and Ether according to a Bloomberg report. Stablecoin Tether (USDT) is gaining popularity as a payment method, with some analysts seeing it catching up with Bitcoin (BTC) and Ether (ETH). As Bloomberg reported on Oct. 25, cryptocurrency payments processor CoinPayments registered […]
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