An officer in a cyber-division of the police force in Zhytomyr, Northern Ukraine, has been placed under arrest by the Security Service of Ukraine (SBU) after allegedly demanding a bribe of USD 5,000 in bitcoin. The policeman was investigating a resident of the city who was being investigated for distributing pornography online. The officer allegedly…
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The coronavirus continues to take its toll on the blockchain and cryptocurrency industry – and is now threatening to derail the introduction of a long-awaited piece of crypto legislation in South Korea. South Korea is suffering from a severe outbreak of the virus, with over 1,260 confirmed cases so far. And per the Hankuk Kyungjae,…
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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. Mining news After five consecutive increases, the Bitcoin mining difficulty dropped by 0.38% on February 25, and is estimated to decrease by another 0.91% in 13 days when the next adjustment…
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RippleNet has enhanced its network with several new partnerships in Asia aiming to improve remittances in the region. A group of South Korean money transfer and remittance companies has joined Ripple’s blockchain-based financial services network RippleNet to bolster the remittance market in the country. In a Feb. 25 announcement, Ripple revealed that South Korea-based money…
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$9,000 may give way to fresh losses but it is the 200-day moving average that must be preserved to stay overall bullish, say Cointelegraph Markets analysts. Bitcoin (BTC) struggled to maintain $9,000 support on Feb. 26 as analysts sought confirmation that more significant levels would remain intact. Cryptocurrency market daily overview. Source: Coin360 BTC crisscrosses…
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Bithumb, South Korea’s largest crypto exchange, has taken another step towards global expansion by strengthening integration with its international arm. South Korea’s largest cryptocurrency exchange, Bithumb, has announced it will take another step towards global expansion by strengthening integration with its international arm. On Feb. 26, Bithumb launched a new digital asset transfer service between…
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Switzerland’s stock exchange became a shareholder in crypto trading infrastructure provider Omniex ahead of digital asset exchange launch. Switzerland’s leading stock exchange, SIX Swiss Exchange, has announced a partnership with Omniex – a San Francisco based firm that develops trading platforms designed for institutional investors targeting the crypto asset markets. According to a Feb. 25…
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Supersonic is a trustless zero-knowledge proof system that could help DeFi platforms, as third-party trust isn’t required to ensure privacy. In an interview with Cointelegraph at the Stanford Blockchain Conference on Feb. 19, Stanford University cryptography Ph.D. student Ben Fisch described Supersonic as a trustless zero-knowledge proof system, also referred to as a zk-SNARK. Fisch…
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Ripple (XRP) says that it has arrived on the South Korean blockchain scene in earnest after penning deals with a number of startups in the country. The American company has inked agreements with Sentbe, Hanpass and WireBarley, three South Korean companies that work on overseas remittance solutions. Per KPI News, Emi Yoshikawa, Ripple’s Senior Director…
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Chinese authorities have postponed research on the digital yuan as the coronavirus continues to spread globally. Research on a central bank digital currency (CBDC) in China has been delayed as the coronavirus epidemic continues. Global Times reported on Feb. 25 that the epidemic’s impact on staff has resulted in significant setbacks. A source familiar with…
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