Yesterday, US-based major crypto exchange Coinbase warned of a scathing report in The New York Times, and, today, the major news outlet published the article, stating that 15 former Coinbase employees who have either quit or were fired from the company have one thing in common — they were all Black. Coinbase employs 600 people,…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news The South Korean crypto exchange Upbit will introduce a crypto withdrawal delay system tomorrow to “help limit the damage caused by voice phishing,” reported WowTV. The trading platform’s operators Read more…
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Source: Adobe/Александр Коликов Crypto community members are wondering what has become of a huge stash of crypto worth a combined USD 4.2bn seized by the Chinese authorities who closed down the PlusToken crypto scam earlier this year – with some asking if the funds were already “dumped” onto the market months ago, and others suggesting…
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The millionaire “Twitter Philanthropist” Bill Pulte, dubbed “Bitcoin Bill” after his foray into the BTC market back in December 2019, has taken to social media, live-streaming to his followers to share claims that “30 billionaires” have bitcoin holdings they are not telling the public about. Pulte said, “I was on the phone to a billionaire…
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Bitcoin (BTC) mining difficulty is expected to rise again in two days, the most since September, cutting into the profit margins of BTC miners right after a strong market correction this week. Major mining pool BTC.com estimates that the mining difficulty, which is the measure that shows how hard it is to compete for mining…
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Bitcoin price extended its decline below the USD 17,500 and USD 17,000 levels. BTC even traded below USD 16,500 before the bulls took a stand near USD 16,250. The price is currently (05:00 UTC) trading above USD 17,000, but it is facing many hurdles near USD 17,350 and USD 17,500. Similarly, there was a decent…
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The Organisation for Economic Co-operation and Development (OECD) looks set to adopt an international set of standards that will change the way crypto taxes are reported – and the body is ready to apply the same kind of tax standards as it uses to police conventional finance in its efforts to tax crypto. Per Law360,…
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Rattan Plaza. Source: A screenshot, Instagram/rattanplaza Rattan, a popular shopping outlet in Venezuela, has become the latest retailer in the country to announce it will start accepting payments in bitcoin (BTC) and a number of altcoins. Per a tweet from media outlet Criptolugares that was reposted by crypto exchange Cryptobuyer, the trading platform has struck…
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Brian Armstrong. The CEO of US-based major crypto exchange Coinbase, Brian Armstrong, caused quite a stir in the Cryptoverse when he warned that the outgoing Trump Administration is still not done with crypto regulation, possibly dealing it a massive blow as they exit the White House. Some speculate that this is exactly what prompted the…
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Russian prime minister Mikhail Mishustin. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news Russian Prime Minister Mikhail Mishustin said that the country will recognize digital assets as property, enabling their owners to protect their interests in court. Read more…
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