A team of researchers claims that the prototype silicon chip that they developed enables encryption that is impossible to break. A team of researchers claims that the prototype silicon chip that they developed enables encryption that is impossible to break. According to an article published on Dec. 20 by scientific paper publication outlet Nature, the […]
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Decentralization is one of the most important ideas behind blockchain technology, but the more real applications we see, the more centralized and government-backed it’s becoming. The fad is dying. A recent CB Insights report that was cited Bloomberg announced a 60% decline in blockchain startup investments this year, down to $1.6 billion. But at the […]
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Bitcoin’s swift drop to $6,450 provided a great opportunity to open a long position and numerous altcoins are producing double-digit rebounds after this week’s carnage. It has been a profitable week, largely because I caught the big Bitcoin (BTC) move up from the local bottom. I closed a majority of my altcoin trades, some on […]
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GSR and Interhash partner to provide suite of risk management solutions for Bitcoin miners Liquidity service provider and digital asset market maker, GSR, announced a partnership with Interhash, the mining services company and strategic partner of mining rig manufacturer, Canaan, in an updated press release, Dec. 20. The partnership aims to provide risk management solutions […]
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Eight U.S. Congressmembers appealed to the IRS, urging the agency to provide additional clarity concerning crypto tax laws. Eight members of the United States (U.S.) Congress sent a letter to the Internal Revenue Service (IRS) urging the agency to provide additional clarity on cryptocurrency tax laws. A letter dated Dec. 20, signed by eight U.S. […]
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Alleged $4 billion BTC launderer Alexander Vinnik to be extradited to France despite Russia’s multiple efforts to bring him to the country of his citizenship. Alexander Vinnik, the alleged former operator of now-defunct crypto exchange BTC-e, will be extradited to France, according to a new decision from Greece. Following years of disagreement on what jurisdiction […]
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U.S. Congressman introduces bill which aims to bring regulatory clarity to cryptocurrency industry. Paul Gosar, an Arizona Congressman, has introduced a draft bill, aimed at finally bringing regulatory clarity to the cryptocurrency industry in the United States, according to a Forbes article published on Dec. 19. The Crypto-Currency Act of 2020 sets out which Federal […]
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Cryptocurrency exchange Bitfinex now enables its users to purchase cryptocurrencies with both credit and debit cards. Hong Kong-headquartered cryptocurrency exchange Bitfinex now enables its users to purchase cryptocurrencies with both credit and debit cards. The exchange made the announcement on Dec. 20, saying: “Buy cryptocurrencies with your debit or credit cards on Bitfinex. Whether it’s […]
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SBI will invest an undisclosed amount in Boerse Stuttgart Digital Exchange and Boerse Stuttgart Digital Ventures to drive crypto adoption. Japanese financial services giant SBI has partnered with Germany’s second-largest stock exchange Boerse Stuttgart Group to promote the adoption of digital assets. Specifically, SBI will invest an undisclosed amount in two digital asset-focused subsidiaries of […]
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U.K.-based crypto data and wallet provider Blockchain.com has added a British pound gateway to its crypto exchange, The Pit. United Kingdom-based cryptocurrency data and wallet provider Blockchain.com has added a British pound gateway to its crypto exchange, The Pit. On Dec. 19, Xen Baynham-Herd — executive vice president of product at Blockchain — told Cointelegraph […]
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