Users of IOTA, the 24th biggest crypto by market cap, were unable to confirm transactions for 24 hours due to a mainnet incident on Dec. 29. Users of IOTA, the 24th biggest cryptocurrency by market cap, were unable to confirm transactions for 24 hours due to a mainnet incident on Dec. 29. According to an…
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Cryptocurrency exchange Poloniex confirms data leak after sending out awkward email to customers. Cryptocurrency exchange Poloniex has forced a password reset for all customers due to a leaked list of email addresses and passwords on Twitter. On Dec. 30, the exchange emailed its customers to inform them that a list of leaked email addresses and…
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Bitcoin mining farms in the Chinese province of Sichuan are under pressure from local authorities to scale down operations due to electricity shortages. Bitcoin (BTC) miners in the Chinese province of Sichuan are reportedly under pressurelocal authorities to scale down their operations due to electricity shortages. On Dec. 29, the Asia Times reported that during…
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An overview of the stances of the U.S., countries of Western Europe and the Pacific Rim toward crypto regulation. In 2019, we witnessed crypto regulations leave the domain of stuffy legal pontification and enter the realm of geopolitics (as a stuffy legal pontificator, I have mixed feelings about this). We saw President Trump tweet about…
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Major United States brokerage TD Ameritrade doesn’t deny the potential inclusion of cryptocurrencies like XRP to its platform. Major United States brokerage TD Ameritrade doesn’t deny the potential inclusion of cryptocurrencies like XRP to its platform. One of the early adopters of the original Bitcoin (BTC) futures trading platform, TD Ameritrade apparently remains positive about…
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China has waged war on domestic cryptocurrency trading activities since 2017. Here is how the approach changed in 2019. While China has waged war on domestic cryptocurrency trading activities since 2017, this year saw it tighten the screws as hype around crypto’s underlying blockchain technology renewed interest in digital assets. Below is a summary of…
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Binance will suspend Ether deposits and withdrawals to support the Ethereum network Muir Glacier upgrade that is expected to be executed on Jan. 1, 2020. Major cryptocurrency exchange Binance will suspend Ether (ETH) deposits and withdrawals to support the recently announced Ethereum network Muir Glacier upgrade. In a Dec. 30 blog post, Binance said that…
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Coinbase noted that it might be forced to drop DApp browsing functionality from its mobile wallet to abide by Apple’s guidelines. After Google removed Ethereum-based decentralized application (DApp) browser MetaMask from its Android application store, Apple may now force Coinbase to remove the DApp browser feature from its crypto wallet application. According to a Reddit…
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Major South Korean crypto exchange BitHumb considers administrative litigation over $68.9 million tax bill. Major South Korean cryptocurrency exchange Bithumb is reportedly looking to undertake administrative litigation over an $68.9 million (80 billion won) tax bill. English-language local news outlet KoreaHerald reported on Dec. 29 that the local tax agency has handed down over 80…
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Euro-backed stablecoins could make a digital currency truly borderless and more global than ever before. We live in the days of next-generation digital money emergence. Ultimately, the world lacks a clean balance sheet and an asset that has significant appreciation potential to create more loans against it. Euro-backed stablecoins can help boost the crypto-lending sector…
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