Bitcoin loses support for five figures, Craig Wright ordered to pay 500,000 BTC, and China’s digital currency may be further away than first thought. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and…
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Zcash developer Electric Coin Company operated at an average monthly deficit of $186,000 during the first quarter of this year, says the official report. Electric Coin Company (ECC), the firm behind privacy-centric cryptocurrency Zcash (ZEC), reported financial losses in Q1 2019. According to the Q3 2019 report published on Aug. 29, the firm operated at…
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Experts in blockchain and crypto, central bank officials and researchers take on the question: Why do we need state-owned cryptocurrencies? There are several countries around the world that are developing national blockchain-based digital currencies — such as Venezuela and its state-owned Petro (PTR), China and its plans to issue a government-backed digital currency, etc. We…
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The capacity of the Lightning Network is decreasing, and the Bitcoin community is once again embroiled in a debate about scaling. But is it as serious as it seems? Bitcoin (BTC) turned 10 years old recently, and if someone were to tell its founder, Satoshi Nakamoto, in 2008 that the new decentralized currency would still be thriving…
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North Korea denies accusations that it stole $2 billion in crypto from banks and exchanges. North Korea is denying accusations of obtaining $2 billion through hacking banks and cryptocurrency exchanges. North Korea accuses the United States of spreading rumours On Sept. 1, the country’s official state media, the Korea Central News Agency (KCNA) denied allegations…
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The FSA expands its workforce to ensure cryptocurrency compliance and Hong Kong residents use Bitcoin to avoid capital controls. In the crypto space in Asia last week, new data concerning Bitcoin (BTC) use in Hong Kong shows that residents are using crypto to hedge against the possibility of capital restraints, while the Japanese Financial Services…
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Thanks to a purpose-built Solidity compiler, developers will be able to easily port their Ethereum applications to Telegram Open Network’s blockchain. Telegram Open Network’s (TON) blockchain will allow developers to port their Ethereum (ETH) smart contracts. As industry news outlet CoinDesk reported on Aug. 30, software startup TON Labs managed by Telegram’s token offering investors…
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How does solving clues, puzzles and challenges in order to win 1 million Tezos tokens, currently worth USD 1 million sound? Here’s your chance. The alternate reality game Satoshi’s Treasure launched the ongoing global hunt for USD 1 million in Bitcoin in April this year, during which the clans of hunters must solve puzzles and…
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2019 has seen a new way of fundraising, IEOs, become the go-to way to raise capital while ICOs lose steam. The crypto community has seen a tectonic shift in fundraising trends: from the decline of initial coin offerings (ICOs) to the hype around security token offerings (STOs) and then the rise of initial exchange offerings…
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Dr. Bruce Ng is an educator in the field of Distributed Ledger Technology (DLT) and has been a lead crypto-tech analyst for Weiss Cryptocurrency Ratings since shortly after their launch. __________ Just last week, a new Libra competitor burst onto the scene: Binance announced that it will launch Venus, “an initiative to develop localized stablecoins…
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