American e-retailer Newegg added Bitcoin payment for 73 more countries, with the option still unavailable in 6 countries of operation. California-based online retail store Newegg expanded Bitcoin (BTC) payment options to customers in 73 more countries. Bitcoin payment remains unavailable in six out of over 80 Newegg-served countries Following the announcement, Newegg customers can now […]
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QuickBit crypto exchange announced that some sensitive user data had been exposed due to a data management issue. Database issues at the Swedish digital currency exchange QuickBit resulted in a breach of sensitive user data, according to an official announcement published on July 22. In the announcement, QuickBit revealed that personal data such as names, […]
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Germany’s central bank said that potential benefits of Facebook’s Libra should be made possible despite associated risks. Potential benefits of Facebook’s Libra should be made possible despite the existing regulatory uncertainty and associated risks, Germany’s central bank said. In a monthly bulletin called “Crypto tokens in payment transactions and in securities settlement” released on July […]
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South Korean authorities estimate that crypto-related crimes have caused 2.69 trillion won of financial damages between July 2017 and June 2019. The South Korean Justice Ministry estimates that cryptocurrency-related crimes have caused 2.69 trillion won (about $2.28 billion) of financial damage between July 2017 and June 2019. According to a July 21 report by English-language […]
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Senator Brown is concerned that Libra will allow Facebook to gain unfair control over the financial system and dictate new money policy to the detriment of ordinary citizens. Libra is a “recipe for more corporate power over markets and over consumers,” according to U.S. Senator Sherrod Brown, ranking member of the Senate Banking Committee. Senator […]
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U.S. senators in the Banking Committee grilled Facebook in a hearing on its forthcoming Libra stablecoin project. At the ongoing hearing on Facebook’s Libra cryptocurrency project with the Banking Committee of the United States Senate, lawmakers are interrogating Facebook on privacy and trust concerns. As a Cointelegraph correspondent reports on July 16, David Marcus, head […]
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Researcher from RMIT explains why startups will fail to fulfil their promises to disrupt real estate with blockchain. Why have blockchain pilots in real estate abated somewhat? Those projects bump up against the fundamental inconsistency of blockchain and existing state system, and it seems they cannot confessed to this. First, there is no such thing […]
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Political commentators have seized the moment to probe the crypto political campaign donation trend in the United States. As one of only two crypto-accepting Democratic primary hopefuls withdraws his candidacy, political commentators have seized the moment to probe the crypto campaign donation trend. A report published by business media site Fast Company on July 10 […]
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The gold bug has agreed to a head-to-head in order to defend gold’s superiority over the largest cryptocurrency. Veteran gold bug Peter Schiff will debate the precious metal’s utility against Bitcoin (BTC) in a dedicated event with Anthony Pompliano, the latter confirmed on Twitter July 10. Pompliano, the co-founder and partner at Morgan Creek Digital […]
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Experts and Lawmakers call for caution over potential risks of Facebook’s Libra cryptocurrency to the global financial industry. Facebook’s unveiling of its Libra cryptocurrency has generated a lot of attention in the financial world, as well as in the crypto space. So far, the company has announced that its Libra blockchain network will be launched […]
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