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The Russian Catch-22 Situation: Crypto is Legal but it can’t Pay for Goods and Services
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The Russian Parliament passed a bill that has given cryptocurrencies like bitcoin legal status. However, Russians cannot use them as a means of payment. 



Russian legislators approved the Digital Financial Assets (DFA) bill on Wednesday, July 22, 2020. This followed a successful third and...

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By: Tom Nyarunda

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#CryptoAdoption #CryptoNews #CryptoRegulations #Cryptocurrency
U.S. District Court Judge: Bitcoin is Money under D.C. Law
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Today marks an important chapter for Bitcoin's history in Washington D.C.: BTC is considered a form of cash. 



According to a Bloomberg Law publication report, Friday July 24, 2020, U.S. District Court for the District of Columbia defined money as a form of money. According to the...

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By: Tom Nyarunda

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#Bitcoin #BitcoinNews #BitcoinPayments
Chainlink Partners With Elastos Ethereum Sidechain
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On 24th July 2020, the Elastos Ethereum Info team announced a new partnership with Chainlink. The announcement detailed that the partnership would be crucial in the development of an Elastos stablecoin. 



Elastos Stablecoin will be cross-chain, and Chainlink Oracles will be responsible for...

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By: Wayne Jones

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#Chainlink #DeFi #EthereumSidechain #Stablecoin
Aave Among the DeFi Tokens Listed on Switcheo
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 On July 24, Switcheo announced on its blog, the listing of five new DeFi tokens. Aave (LEND) is among the tokens that were listed on the platform. 



The other DeFi tokens included mStable (MTA), Nexus Mutual (NXM), Ren Protocol (REN), and yEarn (YFI). Now, users can trade the tokens...

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By: Wayne Jones

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#LEND #Partnerships #Switcheo
Crypto News Roundup for July 20th-24th
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Finally, there is hope for Bitcoin investors after BTC price broke the $9,500 resistance level on June 23. The founder of Standpoint Research, Ronnie Moss, stated on Twitter that he sees a chance for BTC price to hit higher marks in the market. However, some may still be skeptical about bitcoin...

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By: Wayne Jones

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#Apple #Bitbond #ChinaBlockchain #CryptoAds #ETH20 #MasterCard #RansomwareAttack
BTC Prices Above 10k: Is this the Bullrun We have Been Waiting For?
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After weeks of a weak run in the crypto markets, bitcoin today hit prices over $10,000. This week issued BTC prices on an upward trend starting at $9,200, going to $9,600 on Thursday, and trading above $102, 219 at the time of writing. 



Skew.com has shared data on a $50 million liquidation on ...

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By: Wayne Jones

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#BitcoinInvestors #BTCPrices #Bullrun
Hail the King of Crypto: Bitcoin Surpasses $10k for the First Time after Halving
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Bitcoin finally hit the coveted $10,000 mark this weekend after gaining over 10%. This is the first time the leading cryptocurrency is making such a big move since its halving in May. 



The cryptocurrency has been locked in a tight channel since early May 20202. BTC has been trading...

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By: Tom Nyarunda

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#Bitcoin #BitcoinNews #CryptoNews #Cryptocurrency
Chess Supremo Kasparov Admires Bitcoin’s Potential to Empower the Public
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Unconventional monetary policies borne of the ongoing economic crisis have driven people to bitcoin. Russian human rights activist Gary Kasparov Believes bitcoin is part of the solution.        



The Chess Grandmaster was speaking to Forbes on the connection...

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By: Tom Nyarunda

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#Bitcoin #Cryptocurrency #CryptocurrencyNews
Will US Investors Once Again Plough Second $1,200 Stimulus Checks into Bitcoin?
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President Donald Trump’s administration is planning to start delivering the second round of economic stimulus checks to American citizens. Many used their first round checks for crypto investments; there are chances that it might happen again.



White House economic adviser Larry K...

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By: Tom Nyarunda

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#Bitcoin #BitcoinNews #USCrypto
MakerDAO Triumphs by Surpassing $1 Billion TVL Milestone as ETH Swells
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MakerDAO has become the first DeFi protocol to reach ten figures in collateral value. Maker regained its top runner position by attaining a billion dollars locked value as its primary collateral as Ethereum rose 40% last week. 



According to DeFi tracker DeFi Pulse, the milestone...

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By: Tom Nyarunda

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#ETHNews #Ethereum #EthereumNews
Bitcoin Breaks $11,000 Ceiling Sending Bakkt BTC Futures Volumes Skyrocketing
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Bitcoin continued with its rally and posted an 11-month high after hitting past the $11,000 ceiling. The BTC rally has triggered Bitcoin Futures volumes on Bakkt Asset platform. The exchange has recently endured low amounts with no options traded last month.  



The NYSE-owned Bitcoin...

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By: Tom Nyarunda

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#Bakkt #BakktNews #Bitcoin #BitcoinNews
Ethereum Foundation Launches Final Testnet for ETH 2.0 Validator Launchpad
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The Ethereum Foundation has announced the final Testnet version of the ETH 2.0 Validator Launchpad. The released validator will allow users to participate in the Testnet’s proof-of-stake. 



The non-profit organization that supports the development of the Ether cryptocurrency announced the r...

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By: Tom Nyarunda

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#ETH20 #EthereumETH #EthereumCrypto #EthereumNews
ChainLink – Unleashing the Potential of Blockchain and Crypto Technology
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Prominent blockchains like Bitcoin and Ethereum have existed as standalone networks. Interoperability, though a significant pillar of blockchain, is still a challenge 11 years after the inception of the first blockchain. Interoperability enables developers and users to access varying...

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By: Wayne Jones

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#LINK #Chainlink
Looking to Buy Crypto in the UK? Here Are The Best Ways to Get Some
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The UK has over 2.6 million cryptocurrency users, which goes to show that crypto adoption in the region is on the rise. Many businesses have also accepted the use of cryptocurrency payments. For instance, car dealers in the UK have entered into a partnership with Autocoincars, a London based...

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By: Wayne Jones

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#Coinbase #CryptoInTheUK #LocalBitcoins #Skrill
Fake News? Mainstream Media War on Crypto
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Following BTC's historical price surge in 2013, Bitcoin and other cryptocurrencies stole the show and became the most talked about topics in the mainstream media (MSM). And with the rapid growth of the crypto space, mainstream media coverage has grown to a crescendo - Bitcoin being a central...

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By: Wayne Jones

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#ABC #BBCNews #Bitcoin #Bloomberg #FakeCryptoNews #WallStreetJournal
What Is a Decentralized Exchange | Top 4 DEXes and Why They Are Here to Stay
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The diffusion of “power” has been an attractive selling point for cryptocurrencies. Bitcoin has especially gained a huge following and is now worth billions of dollars. Its native currency, BTC, is presently changing hands at over $9,000. Analysts--pinning their predictions on price models, exp...

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By: Alex

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#DecentralizedExchange #DEX
NetCents Technology Joins Visa Fintech Fast Track Program
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NetCents Technology Inc., on August 11, announced its partnership with the Visa Fintech Fast Track Program to offer its customers a more efficient payment platform. NetCents Technology is a cryptocurrency payment ecosystem that facilitates all digital coins on its platform and equips ambitious...

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By: Wayne Jones

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#VisaFintech
Crypto Hardware Wallet Market Upsurge Expected, New Research Shows
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On August 11, HTF MI released its latest research report assessing the market conditions of hardware wallets globally for the next five years. HTF MI is a brand of the HTF Market Intelligence Consulting Private Limited dedicated to identifying growth opportunities while...

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By: Wayne Jones

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#Wallet
What Role do CBDCs Play in Mitigating Corruption?
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Central Bank Digital Currency (CBDC) is a form of digital currency created through the blockchain system. Unlike other virtual currencies, CBDCs are usually under government regulation. In recent times there has been a great success and growing popularity of digital currencies such as bitcoin and...

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By: Wayne Jones

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#BlockchainTechnology #CBDCs #GovernmentSolutions
The U.S. Justice Department Seizes Terrorists’ Cyber-Enabled Campaigns
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On August 13, the Justice Department announced what it considers the “largest-ever seizure of terrorist-associated cryptocurrency accounts.” The department halted several cyber-enabled campaigns funding terrorists groups including Hamas’s military wing- Al-Qaeda, The Islamic State of Iraq and the ...

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By: Wayne Jones

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#AlQasam #CyberCrime #ISIS #Terrorists
The Role of Cryptocurrencies in Digital Media During COVID-19
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The novel coronavirus is straining every monetary-related activity globally. Governments are struggling to contain the situation while protecting everyone within. Processes such as minting are on a low, termination of companies, workers retrenched, traditional money transactions reduced, and a...

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By: Wayne Jones

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#Covid19 #Cryptocurrencies #DigitalMedia