Bittrex CEO Bill Shihara will expand his role at cashback rewards platform StormX from investor to board member. Bill Shihara, founder and CEO of Bittrex crypto exchange, is joining the Board of Directors for Seattle-based blockchain startup StormX. According to an announcement from StormX, the addition of Shihara to the board comes after the CEO […]
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The Washington DC Bar Association became the fourth to issue an opinion endorsing crypto as an acceptable form of payment. Four bar associations across the United States have now issued opinions stating they are not opposed to cryptocurrency or digital currency as a form of payment for an advance or services rendered. The District of […]
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Exploring six major points regarding Tether’s impact on geopolitics and the future development of sovereign digital currency. In 2008, a momentous occasion took place with the release of the Bitcoin (BTC) white paper. With author Satoshi Nakamoto explicitly calling for the deconstruction of financial intermediaries, regulators around the world were put on alert, particularly as […]
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With the ongoing digitalization of the world, NFTs may become a very viable solution for tokenizing ownership and property. Blockchain technology is widely associated with the exchange of interchangeable digital assets, from payment systems like Zcash (ZEC) and Libra to platforms like Ethereum and Substrate, using what are known as fungible tokens. An item that […]
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Check out this week’s Bad Crypto podcast. It’s been a relatively calm time for Bitcoin this week. The price has dropped a little, but not much and it’s still tickling $10,000. That makes concerns about a correction that takes the coin as low as $7,700 feel moot. If it happens, some experts say it would […]
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The coronavirus pandemic has forced governments worldwide to focus on bringing blockchain tech to their financial services. Famed currency speculator George Soros, who in 1992 broke the Bank of England to emerge a billionaire overnight by forcing the pound out of the European Exchange Rate Mechanism, believes: “We will not go back to where we […]
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Even Vladimir Putin was not able to save this Dark Web mastermind who ran an elite invite-only cybercrime club. A Russian hacker was sentenced to nine years in prison by a U.S. court on June 26. The hacker, Aleksei Burkov, was previously considered to be of personal interest by Russian President, Vladimir Putin. Exclusive cybercrime […]
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New York, New York runs the show this week as the site of a host of developments and setbacks for crypto. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note The largest city in the United States and the world’s financial capital for […]
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Coinbase has listed Compound’s COMP asset. Coinbase announced support for COMP, the token of decentralized finance, or DeFi, project, Compound. “Coinbase customers can now buy, sell, convert, send, receive, or store COMP. COMP will be available for customers in all Coinbase-supported regions, with the exception of New York state,” the exchange said in a June […]
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Despite the original TON project being officially terminated, the U.S. SEC asks Telegram to return $1.2 billion. The United States’s Securities and Exchange Commission, or SEC, has filed a proposal for final court judgement in regard of the terminated Telegram Open Network project. In a document filed on June 25, the SEC has asked the […]
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