Tag: bitcoin

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QuadrigaCX Users Want to Dig Former CEO Out, Literally + More News

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. Crypto exchanges news Lawyers representing users of the now-defunct Canadian crypto exchange QuadrigaCX are asking the Royal Canadian Mounted Police to conduct an exhumation and post-mortem autopsy on the  Read more…
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Lisk’s Lightcurve Lays Off 40% of Workforce to Decrease Overheads

Lisk’s Lightcurve team reduces workforce by 40% in an attempt to reduce operational overheads and become more agile again. Blockchain development studio Lightcurve — a part of the Lisk open-source blockchain application platform — laid off 40% of its workforce earlier this week. Lightcurve and Lisk co-founder, Max Kordek, announced the decision earlier this week…
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Bitcoin Miner Riot Blockchain Announces Additional 1,000-Rig Purchase

Riot Blockchain announces additional 1,000 new Antminer S17-Pro mining rig purchase, bringing recent order totals to 4,000 in December. Cryptocurrency mining firm Riot Blockchain announced the purchase of an additional 1,000 next-generation Bitmain S17-Pro Antminers on  Dec.12. This completes the upgrade of its Oklahoma City mining facility, following an initial purchase of 3,000 units announced…
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Exit Scam Fears as Major Darknet Site ICO Promises 700% Growth in 6 Months

Russia’s biggest darknet community, Hydra, has released a white paper as it prepares to issue an initial coin offering (ICO) that it says will see token growth skyrocket by 700% by June next year. Hydra’s white paper takes the form of an investment memorandum (link here, although the memo can only be accessed using anonymity…
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Swiss Government Quashes ‘E-Franc,’ Says Current Risks Outweigh Benefits

The government of crypto-friendly Switzerland has said that there are no current benefits to issuing a digital franc. The government of cryptocurrency-friendly Switzerland has shot down the idea of issuing a digital Swiss franc, for now. According to a Dec. 13 press release published on the Federal Council’s website, the Federal Council approved a report…
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Most Central of All Banks Releases 12 Design Elements For a Wholesale Token

The Committee on Payments and Market Infrastructures (CPMI), hosted by the central bank of central banks, the BIS, has released a report which informs developers and market participants how wholesale digital tokens might look like. Today, wholesale payments between financial institutions are effected through central systems and payment arrangements using traditional account-based  Read more »Pay/Trade/Buy…
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Mark Cuban: Don’t Convince Me, Convince Your Neighbor About Bitcoin

Mark Cuban. Source: a video screenshot, Youtube, TMZSports Crypto supporters need to show their neighbors its value, not rely on the academic discussions to bring the consumers in, believes billionaire Mark Cuban, an American businessman and investor, and the owner of the NBA’s Dallas Mavericks. Crypto supporters, however, find flaws in his arguments. In a…
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Bitcoin Whale ‘Defends’ $7.2K Price With 800 BTC to Win $0.01 in DOGE

A bizarre wager between two major Bitcoin traders turns sour after it emerged one allegedly tried to prop up BTC/USD to guarantee a win. Bitcoin (BTC) price may have spiked throughout the global market on Dec. 12 due to the actions of a single bagholder — trying to win a $10,000 Dogecoin (DOGE) bet. In…
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Bitcoin and Altcoins Recovery Still Might Fail In Near Term

This week, we saw a downside extension in bitcoin price below the USD 7,400 and USD 7,350 support levels. BTC/USD even traded below the USD 7,200 support before it found support near USD 7,150. The price is currently (09:00 UTC) recovering, but there are many hurdles near USD 7,250, USD 7,350 and USD 7,400. Similarly…
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This is What Happens When Millionaire Bill Pulte Buys 11 Bitcoins

Bill Pulte. Source: a video screenshot, Youtube, CNBC “I recently bought 11 bitcoins,” (USD 79,000) is a sentence many of us would so gladly utter and which Bill Pulte, a Detroit millionaire and grandson of the late founder of U.S. home construction and real estate development giant PulteGroup, shared with his 1.75 million followers on…
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