Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Privacy news Privacy-focused Zcash (ZEC) upgraded today, improving interoperability through FlyClient support and giving miners the option to immediately shield mining rewards in coinbase transactions. "Shielded Read more »Pay, Trade, Buy Bitcoin with…
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Bitcoin price failed to remain stable above USD 9,200 and it is currently (08:30 UTC) down 1%. BTC is trading below USD 9,150 and it seems like the bulls are losing control. The main support is near USD 9,050 and USD 9,000, below which the price could start a new bearish wave. Similarly, most major…
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Leading South Korean exchange Bithumb’s own holdings are higher than the sum total of its customer holdings, per a due diligence report. According to Sports Seoul, the report was part of a recent audit completed by Seoul-based auditor Jungin Accounting. The auditor found that the sum total of both Bithumb’s own fiat (KRW) and crypto…
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Source: iStock/standret, Cryptonews.com Despite being used widely, stablecoins – and tether (USDT) in particular – may face an uncertain future as governments step up their regulatory scrutiny of the sector, a new report from crypto research firm Coin Metrics said. The most popular stablecoin, USDT, has come under increasing scrutiny from government regulators this year.…
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After the UK admitted it is mulling digital fiat plans this week, the Japanese government has also announced that it is considering the launch of a central bank digital currency (CBDC). Per Nikkei, the cabinet is set to make a formal decision on whether or not it will include the issuance of a CBDC in…
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The rollout of China’s much-discussed central bank digital currency (CBDC) is getting one step closer, as the People’s Bank of China (PBoC) – the country’s central bank – is said to have entered into discussions with a giant online food delivery platform for a trial of the digital yuan. Citing “people with direct knowledge of…
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The Japanese financial giant Mitsubishi UFJ Financial Group (MUFG) is set to issue its own long-awaited digital currency “in the second half of the current financial year,” said its CEO. Speaking to Mainichi, the company’s CEO Hironori Kamezawa stated that the token had experienced no shortage of delays, but added that the ongoing coronavirus pandemic…
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Business appears to be booming for a company operating an increasingly large number of South Korean local stablecoins. Per Fn News, the Korea Minting and Security Printing Corporation (KOMSCO) – the company that has printed banknotes and minted coins for the nation’s treasury for the past 70 or so years – has posted record-high sales…
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The price of dogecoin (DOGE), the cryptocurrency created as a joke in 2013, has fallen heavily in the market over the past few days after a pump last week sent it soaring 140% in three days. (Updated at 12:10 PM UT: updates in bold.) As of press time on Tuesday (10:32 UTC), DOGE was down…
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The Bank of Korea in Seoul. South Korea is once again intensifying the pace of its central bank digital currency (CBDC) progress – with a central bank-run team now investigating legal obstacles that might stand in the way of digital won issuance. Bitter political and financial rival Japan last week took a step closer to…
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