Facebook CEO Mark Zuckerberg says the digital world needs governing, pointing toward government regulation but also community self-governance as potential solutions. Facebook CEO Mark Zuckerberg said the digital world needs oversight, mentioning government regulation as a potential solution but calling community self-governance “another and perhaps even better way.” “One of the big questions for the…
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The U.S. is no longer the top recipient of U.S. dollars in Bitcoin as Singapore took the lead over the course of 2019. For the first time since 2013, the U.S. is no longer the top recipient of Bitcoin (BTC) as valued in USD, as Singapore took the lead over the course of 2019. As…
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Bitcoin price rebounded over $8,000 earlier today snapping a 3-day losing streak and placing the asset in a good position to test the $8.6K and $9K levels next. On Friday Bitcoin (BTC) price reclaimed $8,000 as bulls appear to be setting their sights on a second go at the weekly high at $8,473. Earlier in…
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We talked about a number of interesting exhibitors at the Customer Electronics Show (CES 2020) in Las Vegas, but one participant has been stirring up the waters of the Cryptoworld lately with their unconventional offering – namely, sardines-backed stablecoin. You’ve read it well. A Luxembourg-based company called MY Sardines is all the talk in the…
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Major financial derivatives marketplace Chicago Mercantile Exchange Group (CME) is seemingly ready to launch its long-awaited options on Bitcoin (BTC) futures on January 13. As BTC’s market capitalization is growing, a number of options to trade this cryptocurrency is growing as well. We may not see ETFs (exchange-traded funds) in the U.S. for a while…
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The plaintiffs in a class-action lawsuit against cryptocurrency exchange Bitfinex and its parent company, iFinex, operator of stablecoin Tether (USDT), accusing them of manipulating the Bitcoin (BTC) market, have voluntarily withdrawn the lawsuit. Filed in the Western District of Washington court on January 7, the Notice of Voluntary Dismissal states that plaintiffs Eric Read more…
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Speaking to mainstream media, Sonny Singh publicly pledged his belief in BTC/USD beating its all-time high of $20,000 at some point this year. Bitcoin (BTC) will reach its highest price ever this year due to “unforeseen” events, which will draw in new buyers, one senior cryptocurrency industry executive says. In an interview with Bloomberg on…
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The American man attempting to sue AT&T after falling victim to an alleged USD 1.8 million “SIM swap” cryptocurrency theft says the telecoms giant is “unable to deny its involvement” in the loss of his funds. The man stated that AT&T neglected to make “sufficient data security systems and procedures,” allowing contract employees to hack…
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Dutch fintech company BUX has bought Amsterdam-based social cryptocurrency exchange Blockport for an undisclosed amount in a bid to spark interest from young European investors. BUX says the move will help address “the investing needs of European millennials.” The fintech firm plans to rename the platform BUX Crypto, and wants to make it available to…
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain news Japanese financial behemoth Mitsubishi UFG (MUFG)’s banking arm has announced that it has issued its first blockchain-powered letter of credit. MUFG is using a blockchain platform Read more »Pay,…
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