Altcoins lead market growth this week as bitcoin lags behind. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data provided by HitBTC exchange. Altcoins […]
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China’s forex regulator is set to pilot a cross-border trade finance blockchain platform in three major trading provinces. China’s foreign exchange reserve regulator, the State Administration of Foreign Exchange (SAFE), is set to pilot a cross-border trade finance blockchain platform. The news was reported by local financial news agency CNStock on April 24. According to […]
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Back in March 2019, the CoinBene cryptocurrency exchange denied that it suffered a hack but claimed to be undergoing maintenance, despite losing 109 ERC-20 tokens worth about $105 million. Remember CoinBene, the cryptocurrency exchange platform that denied being hacked at the end of March 2019, and instead saying it was undergoing maintenance? Well, it turns […]
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Joel Ortiz stole more than $7.5 million from dozens of victims, with one crypto entrepreneur losing $5.2 million in a matter of minutes. A 21-year-old man has been sentenced to 10 years in prison after becoming one of the first people in the United States to be convicted of stealing cryptocurrency by hacking into cell […]
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Donald Tapscott, executive chairman of the Blockchain Research Institute, has said that Chinese renminbi will become a crypto. Donald Tapscott, executive chairman of the Blockchain Research Institute, stated that the official Chinese currency, the renminbi (RMB), will become a cryptocurrency, in an interview with Bloomberg on April 17. In the interview, Tapscott revealed that he […]
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Details are still sketchy after Bithumb lost $18 million due to a hack. In late March, major South Korean cryptocurrency exchange Bithumb lost around $18 million as a result of a hack. While the details are still sketchy — for instance, it is unclear whether or not it was an inside job, as Bithumb initially […]
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Today is the deadline for U.S. citizens to pay their taxes. What should they know about crypto taxation? Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address implications within the United States, but similar issues arise around the world. As always, check with a […]
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sponsored A crypto exchange says it is prioritizing the privacy of its users by enabling them to convert coins without requiring them to open an account first. A cryptocurrency exchange says it is prioritizing the privacy of its users — eliminating the “tedious” registration steps imposed by other websites. BitConvert argues that some rival platforms […]
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Chinese government is considering the elimination of crypto mining. On April 9, Reuters reported that a Chinese government agency is considering the elimination of crypto mining in the country. Given that China has been hosting the majority of mining pools on its soil, the global crypto industry might be poised to take a massive hit. […]
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Bithumb used a third-party accounting firm to assess its holdings after losing funds to what it suspects was a company insider. South Korean cryptocurrency exchange Bithumb has conducted a professional external audit of its funds after a major hack last month, the company confirmed in a statement on April 11. Bithumb, South Korea’s largest exchange, […]
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