Crypto mixing services are primarily used for privacy purposes rather than illicit activities, according to Chainalysis. Stolen funds represent only 8.1% of all funds sent to cryptocurrency mixers, according to New York-based blockchain analytics firm Chainalysis. Primary use for privacy reasons According to a recent Chainalysis webinar, the majority of funds sent to cryptocurrency mixing […]
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The self-proclaimed inventor of Bitcoin must hand over half his cryptocurrency wealth after a judge threw out his claims. Bitcoin (BTC) price could face fresh volatility if Craig Wright’s giant $2 billion tax bill comes from dumping 200,000 coins on the market. Wright, who faced the law after allegations he stole $10 billion from former […]
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Algo Capital has raised $200 million — double its $100 million goal — for its venture capital fund. Algo Capital has raised $200 million — double its original goal — for its venture capital fund. According to a news release shared with Cointelegraph on Aug. 27, the new fund will invest in businesses helping to build […]
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The United Kingdom’s controversial far-right National Liberal Party has published what it describes as the country’s first coherent cryptocurrency policy. The United Kingdom’s controversial far-right National Liberal Party (NLP) has published what it describes as the country’s first coherent cryptocurrency policy. On Aug. 24, the NLP wrote a fresh post on its website arguing that […]
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Button Wallet is launching a free testing service on the Telegram Open Network in a bid to drive cryptocurrency adoption among Telegram’s 300 million users. Non-custodial and multi-cryptocurrency wallet provider Button Wallet is launching a free testing service on the Telegram Open Network (TON) in a bid to drive crypto adoption among Telegram’s 300 million […]
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Facebook has hired a Washington-based lobbying firm to help it grapple with the negative responses sparked by its planned Libra cryptocurrency project. Facebook has hired a Washington-based lobbying firm to help it grapple with the negative responses sparked by the announcement of its planned Libra cryptocurrency project. According to an O’Dwyer PR report published on […]
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Crypto exchange and brokerage ShortHop launches in seven additional U.S. states allowing its users to work with multiple platforms’ order books via a single window. Cryptocurrency exchange and brokerage ShortHop is now operating in seven additional U.S. states allowing its users to work with multiple trading platforms’ order books via a single window. As industry […]
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The general manager of the Houston Rockets pro basketball team, Daryl Morey, disclosed that he recently increased his Bitcoin holdings. Daryl Morey, the general manager of the Houston Rockets basketball team, said that he recently bought more Bitcoin (BTC). On Aug. 23, Morey tweeted “I just bought more” in response a pro-Bitcoin tweet by Morgan […]
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The crypto market is seeing minor losses after trading sideways for most of the day. Bitcoin is trading around $10,350. Monday, Aug. 26 — Top cryptocurrencies Bitcoin (BTC), Ether (ETH) and XRP are in the red. After trading sideways for most of the day, the market is currently seeing minor losses. Market visualization. Source: Coin360 […]
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VMWare CEO Pat Gelsinger says he believes Bitcoin is bad for humanity, citing its environmental impact and purported illicit use. Pat Gelsinger, the CEO of major cloud computing and virtual machine company VMWare, has condemned Bitcoin (BTC) as being “bad for humanity.” Fortune spoke to Gelsinger about Bitcoin prior to VMWare’s annual conference in San […]
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