CA State Assembly Majority Leader pushes for legal certainty of blockchain in California, shares plans for moving forward at Elev8CON. Speaking at Elev8CON in Las Vegas on Dec. 10, Majority Leader of the California State Assembly Ian Calderon discussed plans to bring greater legal certainty for blockchain technology to the State of California. California is […]
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After a lengthy period of consolidation, many cryptocurrencies appear to be setting up for a large move within the next few days. China could start its pilot for the central bank digital currency (CBDC) before the end of this year, according to local news outlet Caijing. The article states that the anticipated pilot project “will […]
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DXM, subsidiary of UpBit stakeholder Dunamu, works with crypto cybersecurity firm Ledger to launch an institutional crypto asset custody service. DXM, a financial services subsidiary of South Korean fintech firm Dunamu, has worked with crypto cybersecurity firm Ledger to launch an institutional crypto asset custody service. The partnership and the new custodian Industry news outlet […]
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Major South Korean cryptocurrency exchange Upbit has lost 342,000 ETH. All users will soon be reimbursed with corporate funds. On Nov. 27, major South Korean cryptocurrency exchange Upbit announced that 342,000 Ether (ETH), accounting for roughly $50 million, were stolen from its hot wallet earlier that day. Details remain vague, and some users are suggesting […]
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Stablecoins have the potential to temper the systemic threats posed by USD domination of global foreign currency reserves, analysts have argued in a new piece for the WEF. Stablecoins have the potential to temper the systemic threats posed by the United States dollar’s domination of global foreign currency reserves, according to an opinion piece published […]
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The software available for download on Monero’s official website was compromised to steal cryptocurrency. The software available for download on Monero’s (XMR) official website was compromised to steal cryptocurrency, according to a Nov. 19 Reddit post published by the coin’s core development team. The command-line interface (CLI) tools available at getmonero.org may have been compromised […]
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LocalBitcoins continues its path to full regulation with an official license from the Finnish Financial Services Authority. The Finnish Financial Services Authority (FIN-FSA) has officially registered LocalBitcoins as a virtual currency provider, starting at the beginning of November 2019. Finland only allows officially registered providers who fulfill the legal requirements to operate in the country. […]
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eToroX, the digital asset platform of social trading platform eToro, announced the listing of privacy coin Dash and seven stablecoins. EToroX, the digital asset platform of social trading platform eToro, announced the listing of privacy coin Dash and seven stablecoins in a press release published on Nov. 12. Per the release, eToroX users can now […]
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Evercoin launches Evercoin 2, a secure crypto wallet powered by YubiKey 5ci. How does it compare with Trezor and Ledger and will it really keep users safe? Evercoin announced the launch of Evercoin 2 today, Nov. 12, at New York Consensus Invest Summit. Evercoin claims that its new wallet is the safest hardware wallet currently […]
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Chinese regulator State Administration of Foreign Exchange expanded its blockchain cross-border financing pilot program. Chinese regulator State Administration of Foreign Exchange (SAFE) expanded its blockchain cross-border financing pilot program. Local news outlet GlobalTimes reported on Nov. 11 that the system now covers 19 provinces and cities, up from nine. The development is unsurprising given that […]
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