Jack Dorsey. Source: a video screenshot, Youtube/Ted Twitter has just launched a new project, bluesky, aimed at developing a “decentralized standard for social media.” “Twitter is funding a small independent team of up to five open source architects, engineers, and designers to develop an open and decentralized standard for social media. The goal is for…
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The New York Department of Financial Services plans to review its crypto listing framework by late January 2020. The New York Department of Financial Services (NYDFS) is planning to update its virtual currency license for the first time in nearly five years. The authority has published proposed guidance on adoption or listing of virtual currencies…
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Huobi completes its executive team in Turkey by appointing ex-Deloitte exec Alphan Gogus as the new general manager. Global crypto exchange Huobi completes its executive pursuit in Turkey by appointing Alphan Gogus, a veteran in crypto and finance, as the new general manager for Huobi Turkey. A new manager for a growing market Global crypto…
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The KeepKey hardware wallet. Source: KeepKey, Instagram After cryptocurrency exchange Kraken reported a flaw in hardware wallet KeepKey, the owner of this product, crypto exchange ShapeShift replied that the report is misleading and the attack difficult to carry out. The story starts on December 10, when Kraken Security Labs published a post alleging that there…
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CoinBurp CEO, Peter Wood, during a live stream. In an ambitious bid to raise money for Centrepoint, a UK homeless charity, and encourage charities to accept cryptocurrency as the form of donation, Pete Wood, the CEO of CoinBurp, a crypto startup, has challenged himself to say the word ‘crypto’ 100,000 times on a live stream,…
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Source: iStock/ridvan_celik U.S. law enforcement has arrested three men in connection with a USD 722 million cryptocurrency mining Ponzi scheme that targeted thousands of investors the conspirators called “dumb” and “sheep.” The U.S. Attorney’s Office for the District of New Jersey said yesterday that, between April 2014 and December 2019, the defendants operated BitClub Network,…
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Zcash (ZEC), the privacy-focused cryptocurrency, is set to activate “Blossom,” a code improvement, in a mandatory system-wide upgrade today, and is among the best performing coins on Wednesday and in the past week. At pixel time (12:30 UTC), ZEC, is changing hands at c. USD 31 and traders are decidedly bullish, as the price is…
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Russia’s national energy grid operator Rosetti is testing a blockchain solution for payments in the retail electricity sector. Russia’s national energy grid operator Rosetti is testing a blockchain solution for payments in the retail electricity sector. The system — initiated by Rosseti and developed by the Russian distributed ledger technology (DLT) startup Waves — aims…
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China’s securities regulator CSRC will reportedly open a tech division that will be headed by the former chief of the central bank’s digital currency initiative. China’s securities regulator is reportedly setting up a tech division that will be headed by the former chief of the central bank’s digital currency initiative. Yao Qian, a former director…
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In comments to mainstream media, the Dallas Mavericks’ billionaire owner seemed uncertain about dismissing Bitcoin altogether, despite previous remarks. One of the most outspoken critics of Bitcoin (BTC) has delivered mixed messages about its reliability as a financial asset. In comments to Forbes published on Dec. 10, Mark Cuban appeared to contradict himself on Bitcoin’s…
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