A Tokyo court sets a precedent in the Japanese crypto industry. The Tokyo District Court has issued Japan’s first ever crypto seizure. $46,000 worth of Bitcoin (BTC) was expropriated in relation to a hack suffered by the Coincheck exchange in 2018. Kyodo reported that police have already seized the BTC, which was held by a […]
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Bitcoin price rejected at $12,486 but multiple metrics suggest the correction is nothing more than a healthy pullback. The price of Bitcoin (BTC) pulled back after achieving a new 2020 high at $12,486 on Coinbase. In the last 48 hours, BTC fell by around 5%, leading to larger losses in the altcoin market. There are […]
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Crypto adoption appears to be unstoppable in the tourism sector. Travala.com has announced that they will incorporate VeChain’s VET token as a payment option for travelers on their crypto-friendly booking platform. Users can now use the token to book homes and hotels around the world. Juan Otero, CEO of Travala.com, believes that through the partnership, […]
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The price of Bitcoin may be entering an uncertain phase, as on-chain data says BTC traders have established $10,000 as a strong support level. The price of Bitcoin (BTC) has increased by 28% in the last 30 days and 36% at the weekly peak. Following the top cryptocurrency’s first breakout above $12,000 since September 2019, […]
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The price of Bitcoin has failed to turn $12,000 into a new support level, which may result in more downside for BTC in the near term. The price of Bitcoin (BTC) broke through the resistance level of $12,000, which led to a new yearly high for the number-one cryptocurrency by market capitalization. However, the breakout […]
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The global economic transformation now faces the main question: What to choose — centralization or decentralization? A global pandemic, massive and worldwide protests, job automation, environmental issues and geopolitical tensions are just a few of the challenges facing humanity today. Amid the chaos, keystone global institutions and bureaucrats have openly discussed the present day as […]
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Impersonation scams continue to permeate the cryptocurrency space. Cryptocurrency exchange KuCoin has issued a warning to users regarding a fraudulent website using its branding in an attempt to steal cryptocurrency. According to the report, posted Aug 19, the website is offering false incentives to entice users to deposit digital assets. It further clarifies that the […]
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Huobi makes a pitch to those who ”want to earn a good profit worry-free.” Singapore-headquartered exchange Huobi Global is rolling out cryptocurrency savings accounts tomorrow. The new product will go live at 7:00 a.m. UTC on Aug. 20, with availability restricted to certain jurisdictions. Residents of China, Hong Kong Japan, Singapore, the United States, Germany, […]
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Proceeds were spent on luxury cars, jewelry and real estate, rather than cryptocurrency mining and trading, surprise-surprise. The operators of a global cryptocurrency-based Ponzi scheme have been charged with fraud and money laundering following a United States Homeland Security Investigations probe. According to an announcement from the U.S. Department of Justice, four of the five alleged […]
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Russian banks are not waiting for full regulatory clarity to issue crypto loans. Expobank, a commercial bank in Russia, has reportedly issued the country’s first ever loan backed by cryptocurrency. According to an Aug. 19 report by local news agency Kommersant, Expobank provided the credit through issuing an individual bank loan powered by Waves (WAVES) […]
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