As Bitcoin’s impressive run continues, it would not be surprising to see crypto FOMO reach institutional investors as well. With the crypto sector currently riding a wave of bullish sentiment, as demonstrated by Bitcoin (BTC) passing its all-time high value of $19,892 at the start of the month, causal as well as institutional investors all […]
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Ethereum co-founder believes that CBDCs are good for macroeconomics, but there are also certain challenges. Central bank digital currencies, or CBDCs, will be fairly easy to convert into cryptocurrencies in the future, Ethereum co-founder Vitalik Buterin believes. Speaking at the Singapore Fintech Festival 2020 on Dec. 9, Buterin said that he expects a lot of […]
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New technology also means new responsibilities. Security is key in the digital age. As internet banking comes of age, so too do new ways of stealing funds. That makes cybersecurity central to modern banking, according to David Leach, JPMorgan Chase’s Asia-Pacific head of cybersecurity and technology controls. “It’s a competitive disadvantage not to have a […]
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Airbnb pre-IPO contracts are now available on FTX. FTX, a crypto derivatives exchange, has added Airbnb to its list of stock offerings on the eve of the online rental marketplace’s highly-anticipated IPO. As of late Tuesday, cryptocurrency traders can gain exposure to Airbnb through a pre-IPO derivatives contract directly on FTX. As a pre-IPO product, the […]
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Ukrainian government officials are investing in cryptocurrency. A newly appointed official in Ukraine has officially declared his cryptocurrency holdings including a significant amount of privacy-focused cryptocurrency Monero (XMR). Rostyslav Solod, a 19-year-old deputy of the Kramatorsk regional department and the son of Ukrainian politicians Natalia Korolevska and Yuriy Solod, reported holdings of 185,000 XMR, worth […]
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A claims process for Cryptopia creditors has started following a 2019 hack. The liquidator of now-defunct cryptocurrency exchange Cryptopia has launched the claims process to reimburse creditors following a 2019 hack. Professional services firm Grant Thornton, Cryptopia’s assigned liquidator, officially announced on Dec. 9 that creditors can now start the claims process on the Cryptopia […]
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Learn more about a blockchain’s transparency with a block explorer. A blockchain, in its essence, provides a digital record of transactions. At present, this most often pertains to transaction records for cryptocurrencies like Bitcoin (BTC). The database of records, called blocks, is often touted for its transparency and immutability. But what do these features really […]
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Downward pressure sees Bitcoin stop trading sideways to fill more of the giant $1,300 CME futures gap on Wednesday. Bitcoin (BTC) fell below $18,000 on Dec. 9 in the latest continuation of its bearish comedown from all-time highs. Cryptocurrency market overview from Coin360 Analyst: BTC price should “keep correcting” Data from Cointelegraph Markets, Coin360 and […]
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The billionaire warns about incoming asset inflation while recommending Bitcoin and gold as he continues warming to cryptocurrency. Bitcoin (BTC) can offer protection against the “depreciating value of money,” newly-bullish investor Ray Dalio says. In a Reddit “Ask Me Anything” session on Dec. 8, Dalio, who last month abandoned his skepticism of Bitcoin, said that […]
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The head of a major Mexcian financial intelligence unit has complained that local law enforcement has only a quarter of the staff it needs to respond to crypto laundering from cartels. Mexican authorities report an increase in the use of crypto assets to launder funds by criminal syndicates in Latin America. In a Dec. 8 […]
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