RenPSG to allow charities to accept more than 45 different cryptocurrencies including Bitcoin, Ether and Dogecoin. The Giving Block, a major organization focused on the cryptocurrency donations industry, continues to expand its crypto charity reach with a new partnership. The organization will be working with charitable platform provider RenPSG to allow its donors to move…
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In April, sharing their Coinbase account credentials with a fraudster had cost a California resident more than $11 million. Now, there might be recourse. On September 17, a group of officials led by U.S. attorney Tracy Wilkinson have filed a civil complaint in the United States District Court for the Central District of California claiming…
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After several hesitant months, altcoins are now outpacing the flagship asset. The first half of 2021 in the crypto markets brought many comparisons to 2017. Bitcoin (BTC) was on a tear to its all-time high, the new frontier of decentralized finance emerged, and nonfungible tokens were gaining myriad celebrity endorsements. But after the initial months…
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Kraken’s Marco Santori points to the adversarial stance taken by some crypto firms toward regulators. Amid a fraught period for some high-profile United States crypto firms and financial regulators, Kraken chief legal officer Marco Santori is calling for a dose of pragmatism going forward. Speaking on Bloomberg’s QuickTake Stock broadcast on Thursday, Santori told viewers, “You’re living…
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PBoC maintains its anti-crypto stance despite local players experimenting with digital yuan-pegged stablecoins. The rapid adoption of cryptocurrencies like Bitcoin (BTC) poses a major challenge for the traditional financial system, an executive at the Chinese central bank has warned. Wen Xinxiang, director of the payment and settlement department at the People’s Bank of China (PBoC),…
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The Chinese central bank is setting up a “coordination mechanism” with state agencies to continue battling crypto. The Chinese government is getting more serious about cracking down on the cryptocurrency industry as state authorities are bringing forces to combat crypto operations in the country. The People’s Bank of China (PBoC) officially announced on Friday a set…
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Nexi, a leading European payments company, is reportedly giving advice to the European Central Bank (ECB) related to the digital euro project. The announcement was made by Nexi’s CEO Paolo Bertoluzzo, who also gave his opinion about the future of central bank digital currencies (CBDC) and cryptocurrencies during the Money 20/20 fintech conference in Amsterdam.…
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The Central Bank of Russia has recently expanded its database of financial market players suspected of illicit activities. Several crypto companies have been added to the list along with entities bearing signs of Ponzi schemes, as well as illegal credit organizations and forex dealers. Central Bank of Russia Blacklists Crypto Platforms As part of its…
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Increasing trading volume at Uniswap, a rising TVL and upgrades to its DeFi platform were followed by a new all-time high from LCX. The emergence of decentralized finance (DeFi) has reshaped the landscape of the cryptocurrency ecosystem, which was once dominated by centralized exchanges like Coinbase and Binance and helped to make it more accessible…
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Bitcoin tips are available to send through the Lightning Network using the Strike app, or by adding a BTC address directly to one’s profile. Social media giant Twitter will be enabling cryptocurrency options to its tipping jar, allowing any user to pay through the platform. In a Thursday blog post, Twitter staff product manager Esther…
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