Sydney police have arrested an Australian woman for allegedly running a crime syndicate using Bitcoin to launder $3.23 million since 2017. An Australian woman was arrested by police at a Sydney shopping centre on May 1, after allegedly selling Bitcoin (BTC) for 60,000 Australian dollars ($38,800) in cash. According to a report from Daily Mail […]
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Binance founder CZ sees the African continent as an untapped environment for exchanges to drive cryptocurrency adoption. Binance founder and CEO Changpeng Zhao, otherwise known as CZ, believes that the African continent holds some unique opportunities for cryptocurrency adoption and development. The Binance leader provided a number of interesting insights during an exclusive “ask me […]
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Two years after CryptoKitties ‘broke Ethereum’ and the launch of a new CryptoKitty token has overwhelmed the Winklevoss-backed NFT exchange Nifty Popular crypto-collectibles, CryptoKitties, has just launched 100 tokens depicting ‘Catterina’ — a new collectible drawn by brand ambassador, Momo Wang — on the Winklevoss-backed exchange Nifty. Wang is best known for drawing a cartoon […]
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CoinMarketCap last year rejected the web traffic metric that has catapulted new owners Binance into the top spot. Crypto markets data aggregator CoinMarketCap yesterday changed its methodology to rank exchanges on their web traffic by default — a metric that puts CoinMarketCap’s new owners Binance in the top spot. But this stands in stark contrast […]
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Visa has filed a patent application to create digital currency — potentially using Ethereum as the blockchain. Visa has filed an application to create digital currency on a blockchain with the U.S. Patent and Trademark Office. According to the application published May 14 — but filed way back in November 2018 — inventors Simon J. […]
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Atari’s new partnership sets the stage for builders to incorporate the gaming powerhouse’s token. Atari has partnered with blockchain-as-a-service, or BaaS, company Arkane Network, allowing digital asset integration into gaming. A key aspect of the announcement sees developers able to build Atari’s Token into aspects of the gaming sphere, said a May 14 statement provided to […]
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The latest reports suggest that North Korea could be encouraging the Lazarus group to steal crypto globally. North Korean leader, Kim Jong-un, is reportedly backing a group of hackers. Their goal? Stealing cryptocurrencies like Bitcoin (BTC) using phishing scams. Sources indicate that the country has ramped up these efforts in an attempt to prevent a […]
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Though cryptocurrencies are difficult to evaluate properly, DeFi protocol revenue allows stock market measures like P/E to be used. While it is difficult to define the intrinsic value of most cryptocurrencies, decentralized finance, or DeFi, tokens appear to be an important exception. As explained by Lucas Campbell, analyst at Fitzner Blockchain Consulting, in his Bankless […]
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Millions of dollars in ETH stolen from Upbit in 2019 continues to move on unknown wallets, OKEx, and a little-known exchange. Crypto funds associated with Upbit’s $50 million hack in November 2019 have continued to move. Soon after hitting the world’s biggest crypto exchange, Binance, large sums of the stolen funds continued to be transferred […]
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The People’s Bank of China proposed a blockchain trade financing information platform for the Guangdong-Hong Kong-Macao Greater Bay Area. A number of governing entities in China recently came together to issue an official document, proposing the development of a blockchain-based trade finance platform. Contributors included the People’s Bank of China, the China Banking Regulatory Commission, […]
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