The Japanese government will appoint Ryozo Himino as the next commissioner of Japan’s Financial Services Agency. A crypto-sympathetic official has been named as the next leader of Japan`s Financial Services Agency. Jiji Press reported on July 7 that the Japanese government has decided to appoint Ryozo Himino to the next commissioner of Japan’s Financial Services…
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Millennials and Zoomers are the least likely crypto investors to have a plan for their digital assets should they die unexpectedly. Most younger crypto holders don’t have any kind of plan to pass down their digital assets when they die. According to a survey conducted among 1,150 participants between October 2019 and June 2020 by…
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A Chinese official indicated that crypto will inevitably be part of the digital capital market. Xiao Gang, former chair of the China Securities Regulatory Commission, said the country is facing a digital economy transformation and needs to embrace the right regulations for the fast growing crypto market. Xiao was speaking at the 19th Pushan Lectures…
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A private key management startup, Torus, enables social media users to send crypto using Twitter and GitHub handles. Torus, a Singaporean crypto key management platform, now allows users to send cryptocurrencies through social media platforms such as Twitter. With Torus’ latest update, v1.7.2, users can now send tokens to any Twitter or GitHub account, even if…
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Hackers profited over $7 million by selling the data via dark web. A hacker gang known as “Keeper” established an interconnected network to steal credit card data from over 570 e-commerce sites. Since 2017, they have profited around $7 million in crypto by selling card information through the dark web. According to a July 7…
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Binance added support for the new currencies through a partnership with crypto asset and fiat money institutional custodian Etana Custody. Major cryptocurrency exchange Binance has added support for deposits in 15 additional fiat currencies to its platform. According to a July 7 announcement, Binance added support for the United Arab Emirates dirham, Australian dollar, Canadian…
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Kevin Chou discussed how content creators could build their own virtual economies with blockchain technology. Kevin Chou, CEO and co-founder at blockchain ecosystem Rally, believes that blockchain technology could lead the charge toward a virtual economy in the web 3.0 era. Speaking at Unitize on July 6, Chou, who is also involved with the firms…
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Three female crypto influencers were “deplatformed” from Instagram after critiquing the Binance Influencer Awards. Rachel Siegel, also known as CryptoFinally, was recently the only woman nominated for the Binance Influencer Awards. She alleges that she and two fellow female crypto influencers were deplatformed from Instagram following their criticism of the underrepresentation of women in the…
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Cosmos already patched its Tendermint consensus protocol on July 2. Decentralized data network Bluzelle (BLZ) discovered a bug in the Tendermint consensus algorithm used by the Cosmos (ATOM) interchain protocol. According to a Bluzelle announcement shared with Cointelegraph on July 6, the firm discovered a bug in Tendermint during its validators competition. The competition, which…
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Currency.com obtained a distributed ledger technology license from the Gibraltar Financial Services Commission. The Gibraltar Financial Services Commission, or GFSC, issued a new distributed ledger technology license to the Belarus-based cryptocurrency platform, Currency.com, on July 6. According to the announcement, the platform will be allowed to use DLT to store or transmit value belonging to…
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