One of the addresses involved in last week’s theft from South Korean crypto exchange Upbit has successfully moved 10,000 Ether (~$1.5 million) to an unknown wallet. One of the addresses involved in last week’s theft from South Korean crypto exchange Upbit is moving millions of dollars worth of stolen Ether (ETH) to an unknown wallet.…
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Nasdaq-listed WisdomTree has launched a physically-backed Bitcoin exchange-traded product to be listed on Switzerland’s principal stock exchange. Nasdaq-listed WisdomTree has launched a physically-backed Bitcoin exchange-traded product (ETP) to be listed on Switzerland‘s principal stock exchange, SIX Swiss Exchange. In a news release published on Dec. 3, the asset manager revealed that online Swiss bank Swissquote…
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A quieter 24 hours gets analysts considering a narrower trading corridor for the short term, with $6,900 a likely lower boundary if current levels fail to hold. Bitcoin (BTC) stayed rangebound on Dec. 2 after a descent from near $8,000 over the weekend failed to crack the $7,000 support. Cryptocurrency market daily overview. Source: Coin360…
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In this Q&A with Cointelegraph, Binance CEO CZ revealed the company’s plans for Turkey, a country he thinks has strong opportunity with crypto. At a recent B2B event in Turkey, suit-clad men and women from traditional financial institutions and the public sector stood in line to take a selfie with a guy in a hoodie.…
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Singaporean government-backed blockchain platform Tribe facilitated another $15.7 million in fundraising to support blockchain startups. The Singaporean government-backed blockchain platform Tribe has helped raise another $15.7 million for participating companies through its ecosystem. In a press release shared with Cointelegraph on Dec. 2, Tribe Accelerator revealed that a total of $28 million had been raised…
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The South African Reserve Bank is reportedly going to impose new regulations for the use of digital currencies in a bid to deter crypto users from evading currency controls. The South African Reserve Bank (SARB) — the country’s central bank — is purportedly going to impose new regulations for the use of digital currencies in…
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Bitcoin appears to have bottomed at $6,500 and once confirmed many cryptocurrencies could provide lucrative trading opportunities at a good risk-reward ratio. Bitcoin price continues to trade with an advantage to bears but this does not mean investors or miners have capitulated. About 64% of the total Bitcoin mined to date has been dormant in…
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Ripple transfers a total of 1 billion XRP tokens from its escrow wallet to Ripple today, only to transfer it back minutes later. Whale Alert, the ever-vigilant live tracker for cryptocurrency transactions, noted that Ripple transferred a total of 1 billion XRP tokens from its escrow wallet on Dec. 2. The blockchain-based payments firm moved…
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Former CFTC Chairman Giancarlo joins New York-based law firm where he will reportedly continue to advocate for the U.S. digital dollar. Former United States Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo was hired as senior counsel at the New York-based law firm Willkie Farr & Gallagher. Digitize the dollar and take power away from…
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The Monero network has successfully upgraded to RandomX, a new mining algorithm that aims to be ASIC-resistant. The Monero (XMR) network has been successfully upgraded to RandomX, a new mining algorithm that aims to be ASIC-resistant. On Nov. 30, the Monero community workgroup did a live stream on YouTube in which the upgrade took place…
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