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Blockchain Gurus Dispatch an Interoperable Alliance, the Poly Network
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Neo, Switcheo, and Ontology announced on August 18 the release of an interoperable chain through their collaboration. The Poly Network was a vision of building the future of the Internet for more excellent applications, synchrony, and innovations.



Poly Network is a heterogeneous...

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By: Wayne Jones

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#BlockchainInteroperability #NEO #Ontology #PolyNetwork #Switcheo
Anonymous Organization Gemini Committed to Revolutionize the Centralized Financial System
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Staying true to the vision of one of the earliest Bitcoin (BTC) advocates, Hal Finney, anonymous organization Gemini is laying the building blocks for tomorrow’s equitable and ideal form of trusting society for the past 6 years.



What is Gemini?



Put simply, Gemini is a public chain but not i...

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By: Josh Fernandez

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#BTC #Gemini
Travala.com Consolidates VeChain for VET Travel Payments
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August 19 saw Travala.com prove further its dedication to embracing cryptocurrencies as a payment option. The travel-booking platform announced its integration with VeChain to provide booking payments through VET. Users can now leverage VET in over 2 million hotels and homes accessible through...

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By: Wayne Jones

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#ADA #BTC #ETH #TravalaCom #VeChainNews #VET
How CBDCs May Propel Bitcoin and Libra Relevance
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As per an interview featuring the former governor of the Reserve Bank of India, Raghuram Rajan, on CNBC's Beyond the Valley Podcast, bitcoin and Libra currencies may carry relevance once central banks start to issue their sovereign digital currencies.



Rajan also categorized bitcoin as a...

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By: Wayne Jones

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#Bitcoin #CBDC #Libra
The IRS Plans to Monitor the Crypto Usage in the USA
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A recent report from the IRS indicates plans to conduct an investigative survey on the number of Americans who use cryptocurrencies in the year 2020. Every worker filing their income returns is required to answer whether they engage in digital currencies or the crypto world.



The...

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By: Wayne Jones

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#IRS #Regulation #Taxation
China Experiments its Digital Yuan, Limited to Small Retail Transactions
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China moves forward to implement an experimental project on its Digital Currency Electronic Payment (DCEP). However, the sovereign Digital Yuancurrency is going to be available for small retail transactions only. 



The news made by the Central Bank of China comes after speculations of a housing ...

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By: Wayne Jones

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#CBDC #China #ChinaCrypto #DCEP #DigitalYuan
Cryptocurrency Exchange FTX Acquires Portfolio Tracker Blockfolio
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The cryptocurrency derivatives exchange, FTX, is acquiring Blockfolio, a portfolio tracking app. This deal was announced on 25th August, in Asia. FTX is a robust cryptocurrency exchange platform for professional trading firms, made for traders by traders. Blockfolio is a portfolio...

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By: Wayne Jones

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#Acquisition #Blockchain #Blockfolio #CryptoExchange #FTX
INX Trading Solutions Initiates a $130-Million SEC-Approved Security Token Offering
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INX Trading Solutions launched one of the only SEC-approved security token offerings in the US on August 26. The exchange targets to clear its competition with other exchanges through superior technology token offerings and build long-lasting relationships.



The company went ahead to gain...

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By: Wayne Jones

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#FormF1 #INXTradingSolutions #SecurityTokenOffering #USSEC
New Detection Technology Will Help Curb Criminals Amid Rising Cryptojacking Cases
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Cryptojacking cases have been on the rise over recent years. During the RSA conference in 2019, Cisco Umbrella, a renowned cybersecurity firm, revealed that cryptojacking cases had increased 200-fold during the year. 



One infamous group, Lazarus Group, has managed to make away with over...

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By: Wayne Jones

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#ArtificialIntelligence #CryptoCrime #CryptoSecurity #Cryptojacking #LazarusGroup
Stocks Stand to Gain From Cryptocurrency Surge in Value
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The bitcoin price dropped in March due to the Coronavirus outburst with the cost of one BTC dipping to below $4,000. However, the last few months have seen the king coin correct its price as it steadily increases its value. 



During the start of the first week of August, the price of...

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By: Wayne Jones

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#BitcoinHalving #CMEUptick #CryptocurrencySurge #EthereumSurge
U.S Government Files Lawsuit to Recover Stolen Cryptocurrency
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On 27th August, the U.S. government filed a lawsuit in a bid to recover over 280 BTC and ETH accounts believed to host North Korean hack funds. The presented documents did not show the hacks exchanges, but stated that two hacks were involved and took place on July 1, 2019 and September 25,...

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By: Wayne Jones

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#BlockchainHopping #StolenCrypto #USGovernment
IOTA Implements Amazon’s Alexa Functionality for Trinity Users
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On 28th August 2020, an IOTA community member, Hugo Gregersen, announced that it is now possible to integrate Amazon’s Alexa, a virtual assistant with the IOTA protocol. This integration will help in checking your balance on your wallets.



IOTA was launched in 2016 as an open-source distributed ...

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By: Wayne Jones

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#AmazonAlexa #IOTA #IOTATrinity
Yearn Finance Sees Parabolic Growth as it Posts ATH at $39K
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Yearn Finance is currently the fastest-growing decentralized finance (DeFi) protocol in the crypto space. 



This growth reflects on the project’s governance token (YFI) that rallied from about $1,000 a couple of months ago to highs of nearly $40K set yesterday. 



The project p...

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By: Wayne Jones

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#AltcoinSurge #YearnFinance #YFIToken
IRS Declares Cryptocurrencies Earned from Microtasks Is Taxable
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On Friday, 28th August 2020, the US Internal Revenue Service (IRS) said in a memo that cryptocurrencies earned from carrying out small tasks, valued as low as $1, are taxable. Ronald Goldstein, IRS senior technician reviewer, and memo author, also added that cryptocurrencies are a substitute for...

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By: Wayne Jones

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#CryptoRegulations #CryptoTax #CryptoTaxesNews #Form1040 #IRS
CoinMarketCap's Leadership Team Leaves the Firm
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On 31st August 2020, Chan Carylyne, the interim CEO, announced that she and four others from CoinMarketCap's leadership team left the firm. One of those executives is Spencer Yang, the vice president of operations, growth, and revenue. Additionally, Jeow Seow, the vice president of products,...

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By: Wayne Jones

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#Binance #BinanceNews #BNBCoin #CoinMarketCap
‘John Wick’ Group Takes Credit for Indian PM's Twitter Account Hack
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On 3 September, Twitter acknowledged the news on Indian prime minister, Narendra Modi’s Twitter account hack. The cybercriminals sent a series of hoax tweets from the account requesting followers to contribute cryptocurrencies to Narendra's relief fund. The Twitter account has been active since 2...

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By: Wayne Jones

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#Cryptocurrency #Cybercrime #Ethereum #Twitter
BitMEX Listing Futures for Two New Cryptos, Breaking the Long Wait
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On 4 September, Hong Kong-based BitMEX announced its plans to introduce future markets for two cryptocurrencies. BitMEX listing the two cryptocurrencies, Chainlink and Tezos, indicates the first coins to appear on the exchange for over two years; LINK will be the first DeFi token to be added to...

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By: Wayne Jones

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#Chainlink #DeFi #Ethereum #Tezos
Bitcoin Surge May be Parallel to the 90s Internet Boom
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In the first week of August 2020, crypto markets saw bitcoin surge to $12,470 per bitcoin, after a couple of shaky months. However, it was a short-lived glory with it trading at $10,178.84 at the time of writing, seeing a 2k drop. The big question is, will it see a magnificent upsurge soon...

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By: Wayne Jones

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#Amazon #BitcoinAdoption #Google #Internet #NASDAQ
Cryptos are Plunging: Which Coins can be Your Contingency Plan?
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Bitcoin and other significant cryptos are witnessing high-profit bookings that are pulling down the total crypto market capitalization. Retail traders view this as a buying opportunity because, for the past few months, the crypto market has been improving remarkably.



It is only wise to wait...

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By: Wayne Jones

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#Bitcoin #Chainlink #CryptoAssets #EthereumETH #PolkadotBlockchain
The Best DeFi Projects Worth Your Investment in 2020
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DeFi stands for decentralized finance that intends to recreate the conventional finance system, through DeFi projects lacking intermediaries. Traditional actions such as lending, borrowing, structuring derivatives products, and purchasing and selling securities can happen through a decentralized...

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By: Wayne Jones

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#Aave #CompoundFinance #DeFi #YearnFinance #YFIToken
Top Three Leading Countries In Cryptocurrency Adoption
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Cryptocurrency adoption is growing at an impressive rate. This new technology has myriad of uses. The technology impacts payment, transaction, and records handling. Cryptocurrency technology also affects the way large organizations, financial institutions, and governments...

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By: Wayne Jones

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#Bitcoin #BlockchainTechnology #China #India #SouthKorea