Japanese regulators have given their approval to a proposed merger between chat app giant Line and the Softbank-backed Yahoo Japan. Per multiple media outlets, including Fn News, the Japan Fair Trade Commission, the government body responsible for regulating economic competition in the country, granted permission for the deal to go ahead. However, the world may…
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Major crypto exchange Bitfinex has offered a multi-million dollar reward to anyone who can lead it to the hackers responsible for the the theft of nearly bitcoin (BTC) 120,000 in August 2016 – even to the hackers themselves. Today’s value of the bitcoin stolen from Bitfinex four years ago is around USD 1.34bn. "The aggregate…
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Tom Emmer. Source: Twitter/@MNFarmBureau US Congressman Tom Emmer caught the attention of many crypto fans when he stated that centralized monetary systems have “never been good, no matter where it’s been tried.” In a podcast, hosted by co-founder of Morgan Creek Digital, Anthony Pompliano, and published yesterday, the Republican congressman from Minnesota warned repeatedly of…
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Bitcoin price is forming a strong support base above the USD 11,000 level. BTC is rising steadily and it is currently (08:30 UTC) trading above USD 11,200. If there is a clear break above USD 11,450, the price might accelerate higher towards the USD 12,000. Similarly, most major altcoins are moving steadily in the bullish…
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A new Russian law banning anonymous fiat deposits in e-pay wallets like PayPal may have an effect on crypto users, legal experts in the country have warned. A new law governing digital payment systems came into force in Russia on August 3. The law forces operators such as PayPal and domestic rivals Yandex.Money, QIWI and…
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From an accused scammer to a "polite" lad, the alleged involvement of some of the young people accused of the major Twitter hack came as a surprise – but not the others. Three teenagers were accused by the US Department of Justice on Friday in relation to the Twitter hack on July 15, which targeted…
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Source: Adobe/david_franklin More restrictive anti-money laundering (AML) compliance measures could be incoming for South Korean crypto exchanges after a lawmaker lodged a private member’s bill in the National Assembly. The National Assembly, South Korea’s parliament, will likely debate and vote on the bill, proposed by MP Hong Seong-guk of the ruling Democratic Party. Hong has…
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Brace yourselves as more bitcoin (BTC) flash crashes are coming in this new bull market, a crypto investor and entrepreneur warned. “Too much leverage” on crypto derivatives exchanges combined with low liquidity levels and “inexperienced traders” crashed the market this past Sunday, according to him. “The Bitcoin price always comes back fairly quickly, so if…
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A recent hack of a major travel management firm has reportedly left attackers with USD 4.6m worth of bitcoin (BTC), after the company on July 28 was forced to pay to restore access to internal files, Reuters reported, citing a record of the ransom negotiations. The attack targeted up to 30,0000 computers belonging to the…
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The most popular cryptocurrency, bitcoin (BTC), started Sunday on a volatile note, as its price crashed by more than USD 800 in 25 minutes after topping USD 12,000, once again prompting a selloff in the whole market. At pixel time (06:31 UTC), BTC trades at USD 11,261, after rebounding from USD 11,130, compared with USD…
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