China’s latest bond issuance on the ledger is a sign of trust placed into the blockchain technology, but not everything may be rosy. The Bank of China has recently issued 20 billion Chinese yuan ($2.8 billion) of special bonds, which it has sold in order to fund small and micro-enterprise businesses, according to the China Development […]
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Major cryptocurrency payment service provider BitPay had a temporary outage of Bitcoin payments on Dec. 22. Major cryptocurrency payment service provider BitPay has confirmed that its service had a temporary outage of Bitcoin (BTC) payments on Dec. 22. Bitcoin payments were briefly unavailable for almost 3.5 hours on BitPay as the company was working to […]
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United States-based cryptocurrency brokerage BitOoda has secured $7 million in funding from investors including former senior investment exec at JPMorgan. United States-based cryptocurrency brokerage BitOoda has secured $7 million funding from major investors including former senior investment exec at JPMorgan. Founded in 2017, BitOoda positions itself as a digital asset financial services platform that combines […]
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In a recent Twitter discussion, ETH co-founder Vitalik Buterin triggered a wave of arguments over the respective decentralization of Binance DEX and Ethereum itself. Binance’s decentralized exchange is a better target for criticism over being centralized than Ethereum, Vitalik Buterin believes. In a recent Twitter discussion, Ethereum co-founder Buterin triggered a wave of argument over […]
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Thomson Reuters partners with Verady to bring a Virtual Currency Organizer to market for crypto taxes. Thomson Reuters, the multinational media conglomerate, announced on Dec. 19 a partnership with Verady, a firm that specializes in the accounting and reporting of cryptocurrencies and blockchain assets. The two companies will collaborate on bringing a new cryptocurrency tax […]
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Crypto exchange Poloniex announced a new account tier allowing for up to $10,000 in daily withdrawals that only requires an email address and password. Cryptocurrency exchange Poloniex announced a new account tier — dubbed Level 1 — allowing for up to $10,000 in daily withdrawals without requiring full Know Your Client (KYC) onboarding. According to […]
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Chinese authorities have seized nearly 7,000 crypto mining machines consuming electric power illegally. Chinese authorities have seized nearly 7,000 crypto mining machines, illegally consuming electric power. The cryptocurrency mining confiscation came as part of an inspection of more than 70,000 households, 3,061 merchants, 1,470 communities, as well as factories, mines, courtyards and villages in the […]
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Former PayPal and Google veteran Mike Blandina appointed as new CEO of Bakkt, while former Coinbase exec is now the new president of the company. Former PayPal and Google veteran Mike Blandina has been appointed as the new CEO of major cryptocurrency trading platform Bakkt. Following the departure of founding CEO Kelly Loeffler, who was […]
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Bitcoin price has made a strong v-shaped recovery into the final week of the year, but the bulls have yet to reclaim the market from its 5-month bearish trend. Bitcoin (BTC) closed the week up at $7,513 which was a 5.65% increase from the opening price of $7,111. It was a turbulent week with Bitcoin […]
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The Bitcoin subreddit has seen a remarkable increase in the number of subscribers since the cryptocurrency’s price surged last summer. The Bitcoin (BTC) subreddit has seen a remarkable increase in its number of subscribers since the cryptocurrency’s price spike last summer. Cypherpunk and proclaimed Bitcoin maximalist Jameson Lopp posted a tweet on Dec. 23, saying […]
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