Tencent, the operator of Chinese social media app WeChat, is planning to create a digital currency research group to further advance blockchain research projects. Tencent, the operator of Chinese social media app WeChat, is planning to create a digital currency research group for the further advancement of blockchain technology research projects. On Dec. 23, Chinese…
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Major cryptocurrency payment service provider BitPay had a temporary outage of Bitcoin payments on Dec. 22. Major cryptocurrency payment service provider BitPay has confirmed that its service had a temporary outage of Bitcoin (BTC) payments on Dec. 22. Bitcoin payments were briefly unavailable for almost 3.5 hours on BitPay as the company was working to…
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Head of the digital currency research institute at China’s central bank Mu Changchun said that the digital form of the yuan will be different from Bitcoin and stablecoins. The People’s Bank of China’s (PBoC) deputy director Mu Changchun said that the digital form of the yuan will be different to Bitcoin (BTC) and stablecoins. Chinese…
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Cyprus’ SEC recently flagged three investment platforms that look almost identical and falsely asserted ties to licensed firm BDSwiss. Cyprus’ Securities and Exchange Commission (CySEC) recently issued a warning against almost 200 unregistered investment platforms, three of which look strikingly similar and falsely advertise ties to licensed and regulated firm BDSwiss. The CySEC posted an…
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Thomson Reuters partners with Verady to bring a Virtual Currency Organizer to market for crypto taxes. Thomson Reuters, the multinational media conglomerate, announced on Dec. 19 a partnership with Verady, a firm that specializes in the accounting and reporting of cryptocurrencies and blockchain assets. The two companies will collaborate on bringing a new cryptocurrency tax…
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United States-based cryptocurrency brokerage BitOoda has secured $7 million in funding from investors including former senior investment exec at JPMorgan. United States-based cryptocurrency brokerage BitOoda has secured $7 million funding from major investors including former senior investment exec at JPMorgan. Founded in 2017, BitOoda positions itself as a digital asset financial services platform that combines…
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Chinese authorities have seized nearly 7,000 crypto mining machines consuming electric power illegally. Chinese authorities have seized nearly 7,000 crypto mining machines, illegally consuming electric power. The cryptocurrency mining confiscation came as part of an inspection of more than 70,000 households, 3,061 merchants, 1,470 communities, as well as factories, mines, courtyards and villages in the…
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Self-proclaimed Bitcoin creator Craig Wright, showed what he claims is a document that explains the origins of the Satoshi Nakamoto pseudonym. Self-proclaimed Bitcoin (BTC) creator Craig Wright, showed what he claims is a document that explains the origins of the Satoshi Nakamoto pseudonym. In an interview published by industry news outlet Modern Consensus on Dec.…
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Most of the top 20 cryptocurrencies are reporting moderate gains as Bitcoin approaches the $7,400 mark again. Sunday, Dec. 22 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as Bitcoin (BTC) is breached the $7,400 mark again. Tezos (XTZ) is the only cryptocurrency among the top-20…
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Bitcoin Cash-focused firm BitcoinBCH has potentially misled the public into believing that Bitcoin double-spends is easy to carry out. Bitcoin Cash (BCH) focused firm BitcoinBCH has potentially misled the public into believing that Bitcoin (BTC) double spends can be easily carried out. On Dec. 18, BitcoinBCH’s CEO Hayden Otto published a video on YouTube allegedly…
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