Category: cryptocurrencies

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Two Teens Arrested After Paying Bitcoin to See Livestream Murder on Dark Web

The deep-web website allowed users to pay extra to decide what torture the children would be subject to next. Two Italian 17-year-olds were arrested for paying Bitcoin (BTC) to see children being sexually abused, tortured and murdered in live streaming. Local media Il Messaggero reported on July 15 that the deep web website viewed by…
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Is High-Frequency Trading the Reason Bitcoin Has Become Boring?

The increasing use of HFT may help explain Bitcoin’s record low volatility. The Bitcoin (BTC) market has been quiet lately. A little too quiet.   As of Tuesday Bitcoin’s volatility levels had dropped to levels unseen since 2017. In recent weeks, Bitcoin has fallen behind as investors piled into altcoins such as Chainlink (LINK) and Cardano…
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Singapore’s National Payments System Can Guide Global Crypto Adoption

Blockchain payments project Ubin can lay the financial blueprint for countries looking to explore crypto tech in a fully regulated manner. With cross-border interoperable blockchain systems gaining traction across the globe, it comes as no surprise that an increasing number of government agencies are looking to explore the full potential of this technology to make…
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Charity Giant Behind Give.org Launches a Blockchain Donation Platform

The platform uses blockchain to facilitate donations to Better Business Bureau-accredited charities while ensuring donor data is only shared when permitted. Better Business Bureau, or BBB — the charity giant behind Give.org — launched a privacy-focused donation platform built on the Ardor (ARDR) blockchain. According to a July 4 announcement, BBB’s charity monitoring organization Wise…
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Human Rights Foundation to Help Activists Protect Their Bitcoin Funds

The Human Rights Foundation promotes Bitcoin education to help global activists protect their funds using crypto. The Human Rights Foundation, or HRF, a major global organization promoting democracy and freedom, continues to explore the use of cryptocurrencies like Bitcoin (BTC) as a way to protect human rights around the world. The HRF recently partnered with…
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DeFi Will be an Integral Part of the Lives of Many, CEO of Crypto Exchange OKEx

Hao believes that DeFi can bring financial services to “the people who are currently excluded or underserved by traditional finance.” Decentralized finance (DeFi) will be part of the lives of many people in the future, according to Jay Hao, the CEO of crypto exchange OKEx. When answering Cointelegraph’s recent inquiry concerning the listing of Compound…
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US Regulators Take Joint Action Against Crypto Firms’ Swaps Offering

Two related cryptocurrency firms have fallen foul of U.S. financial regulators for entering into illegal off-exchange swaps in digital assets and foreign currency. Two related cryptocurrency firms have fallen foul of United States financial regulators for  entering into illegal off-exchange swaps in digital assets and foreign currency.  On July 13, the U.S. Commodity Futures Trading…
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Crypto Exchange Coincheck Supports Trading for BAT Tokens

Coincheck joins Japan-based exchanges GMO Coin and BitFlyer in supporting trading for Brave’s Basic Attention Token starting on July 21. Japan-based cryptocurrency exchange Coincheck will soon offer support for BAT token holders. According to a July 13 announcement from the Monex Group — the owner of Coincheck since its acquisition in 2018 — the virtual…
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Crypto Scams Reach New Heights in 2020 With $24M Stolen So Far

Whale Alert alleges that crypto scams are skyrocketing in 2020 compared to statistics from 2017. Blockchain tracking and analytics platform, Whale Alert, revealed that over the past four years, scammers have stolen over $38 million worth of Bitcoin (BTC). New heights could be reached at the end of 2020 Whale Alert’s study, which relies on…
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South Korea Could Issue a Crypto Capital Gains Tax as High as 20%

Crypto taxation in South Korea could increase to 20% for capital gains. South Korean private sector members recently discussed a crypto-related taxation bill meant to establish capital gains tax for cryptocurrencies. During these discussions on July 13, members indicated crypto gains taxes could rise as high as 20%. Cryptocurrencies could be considered as “goods” Proposed…
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