The leaders in this week’s policy news focus on some case studies in power accumulation that more than anything show why decentralization tech matters. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note The concept of monopoly will reign in today’s Law Decoded. […]
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Crypto mining’s future will become more tech oriented, says CEO of RRMine global. RRMine Global CEO, Steve Tsou, said at a Cointelegraph China Great Bay Area International Blockchain Week pre-event interview on July 29 that the future of crypto mining will transit from labor-intensive companies to technology-intensive and capital-intensive companies. It will be all about […]
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Announcement by U.S. OCC to fuel business opportunities for crypto exchanges, custodians and traditionals banks. The Office of the Comptroller of the Currency, a division of the United States Treasury that supervises banking in the country, on July 22, issued an interpretive letter clarifying that nationally chartered banks are allowed to provide cryptocurrency custody services […]
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The United Arab Emirates is debuting a blockchain-based Know Your Customer, or KYC, platform. This platform is set to become a nationwide system for exchanging verified customer data. Dubai’s Department of Economic Development, or DED, and state-run bank Emirates NBD are rolling out their so-called UAE KYC Blockchain Platform. 120 local firms already signed up […]
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The governments of China and the U.S. frame digital currency as part of their great-power competition, but instead they should work on this technology together. Today, the relationship between China and the United States is one of escalating competition. On Oct. 23, 2019, Facebook CEO Mark Zuckerberg testified before the U.S. House Financial Services Committee […]
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Bitcoin has made a decisive move above $10,500, which is likely to boost sentiment and pull several altcoins higher. Gold made a new lifetime high today, eclipsing the previous high made in 2011. This is possibly the result of investors buying the asset as a way to hedge against the possible debasing of fiat currencies […]
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Gold builds on all-time highs as markets wait for news from the U.S. Federal Reserve and Bitcoin price volatility returns — where will it go? Bitcoin (BTC) begins a new week above $10,000 and teasing investors with more gains — will it last or is a correction already guaranteed? Cointelegraph takes a look at the […]
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A ransomware attack against Garmin affected pilots that rely on the company’s support for aviation navigational equipment. Smartwatch maker and data-syncing service provider, Garmin, was the subject of a ransomware attack that took down several of its services on July 23, which managed to encrypt its internal network. According to a series of tweets published […]
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New York’s State attorney general has wide latitude to investigate a foreign entity like iFinex, said a NY appeals court. A New York State appeals court affirmed on July 9 that the state attorney general’s fraud investigation into iFinex et al. — i.e., iFinex, Bitfinex and Tether Holdings — could continue. Whether that probe will […]
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Company representatives declined to learn key details of the Twitter hack after offering seven figures for them. There is more to Tron’s bounty on the Twitter hackers than the company is willing to talk about. An anonymous source contacted this Cointelegraph reporter, asking to be put in touch with Tron to collect the company’s $1 […]
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