Major crypto exchange Bitfinex has repaid another $100 million of the loan facility to stablecoin operator Tether. Hours after experiencing a major denial of service attacks (DDoS) attack, Bitfinex has announced it repaid another part of the loan facility to Tether. In a Feb. 28 blog post, Bitfinex revealed that the cryptocurrency exchange repaid $100…
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Bitcoin experts elaborate on whether self-proclaimed Bitcoin creator Craig Wright’s claims that Bitcoin can be seized to accommodate court orders are true. As Cointelegraph reported yesterday, self-proclaimed Bitcoin (BTC) creator Craig Wright claims that Bitcoin can and will be seized to accommodate court orders. What follows is an analysis of whether what he says is…
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Budget proposals have revealed the existence of a ‘Cryptocurrency Intelligence Program’ within the US Immigration and Customs Enforcement agency. The United States Immigration and Customs Enforcement (ICE) has revealed the existence of a Cryptocurrency Intelligence Program (CIP) in the agency’s 2021 budget proposal. The proposal states that the CIP seeks to identify unlicensed capital flows…
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The encryption process generates cryptographic keys that are used to lock (encrypt) and unlock (decrypt) data. There are two forms of encryption keys: symmetric and asymmetric. Key management providers, examples While many exchanges or custodians still operate a multisig cold wallet approach, there are now several key management providers on the market. Unbound Tech is…
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An administrator of the Philippines’ crypto regulator reportedly receives an illegitimate income of $98,000 each week from gambling and cryptocurrency companies. Raul Lambino, the administrator of the Cagayan Economic Zone Authority (CEZA) — the special economic zone that licenses cryptocurrency exchanges operating in the Philippines — has come under fire for allegations of corruption. On…
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The blockchain industry grows every year, but is the industry ready to accept new players and how could it possibly change the space? Who knows what’s responsible for the current bull run? It could be the upcoming halving, it could be the Chicago Mercantile Exchange’s debut of institutional-grade crypto-backed options, or it could even be…
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Shark Tank co-host Robert Herjavec sees long-term potential for Bitcoin, saying the asset is currently worth a fraction of its future value. Robert Herjavec, Multi-millionaire co-host of ABC’s “Shark Tank,” said Bitcoin (BTC) is currently valued at only a fraction of its long-term potential. “I think the price of Bitcoin, on a long-term basis, will…
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Revolut will launch its crypto offering to US customers in all 50 states, taking on Square’s Cash App. Revolut is coming to the smartphone near you with an array of cryptocurrencies before tax day. Having just raised $500 million on a $5.5 billion valuation, Revolut is one of the biggest fintechs in Europe. Revolut…
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CFTC’s Technology Advisory Committee has held a public meeting and invited three stablecoins to showcase and discuss the outlook of stablecoins and cryptocurrency. American financial regulators have sat down with major stablecoin projects in an effort to better understand the industry. The Commodity Futures Trading Commission’s Technology Advisory Committee held a public meeting on Feb.…
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Bitcoin mining faces more difficulties every year: from electricity efficiency to power cost, and from proper devices to legislation. Be prepared for the halving with these tips. Anyone following crypto news has undoubtedly seen numerous articles that forecast Bitcoin’s (BTC) valuation following the upcoming halving slated to take place in May of this year. And…
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