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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
Blockchain Technology Stirs Interest amongst the US Congress
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The US government is now looking for more insights regarding the utilization of blockchain technology in the commerce industry. Led by a group of congress representatives, the bill (H.R.8153) was brought forward to the government on September 1st, 2020.



The main objective the bill seeks to...

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By: Wayne Jones

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#DeFi #USCrypto #USA
Top Cryptocurrency Exchanges Thriving Despite the Recent Market Crash
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After reaching a peak market capitalization of over USD 406 billion on Sep. 2, the crypto market crashed, and all significant cryptocurrencies got hit hard. Several prominent cryptocurrency exchanges were consequently affected by the dump.



However, some exchanges seem unaffected. Despite the...

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By: Wayne Jones

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Bitpanda Launches VeChain Foundation, Offering VET GiveAways
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On 7th September 2020, VeChain Foundation, on its Twitter account, announced the availability of VET tokens on Bitpanda. VET token is a native token, used to settle smart contracts over the VeChain’s network. VeChain users can also use their token to make payments for transactions on d...

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By: Wayne Jones

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#Bitpanda #FiatToCrypto #IOTAHub #VeChainThor #VET
Diamond Investment: Will A Diamond-backed Crypto Make it Profitable?
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Asset-backed crypto investment is on the rise, integrating blockchain technology with tangible assets. Token-backed commodities for assets like gold and silver are already in the crypto space. Some of the gold-backed tokens are Digix Gold Token (DGX) and Pax Gold (PAX).



An example of a...

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By: Wayne Jones

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#DigixGoldToken #EthereumBlockchain #JPMorgan #NonFungibleTokensNFT #PAX
Mastercard Unveils CBDC: The Customizable Testing Platform
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Mastercard announced a virtual testing platform for central banks to evaluate CBDC use cases. The platform is set to help central banks assess and explore national digital currencies.



Around the world, central banks are opening up to the idea of creating their digital currencies. A recent...

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By: Wayne Jones

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#Blockchain #BlockchainSolutions #CBDC #Decentralization
At Least 3 Nations to Adopt CBDC by 2030, Predicts dGen
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Global financial institutions continue to get an appeal towards CBDCs as the world integrates digitization and other technological innovations. Three to five nations worldwide are a minimum of those likely to exchange their current fiat currency with a financial institution digital currency...

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By: Wayne Jones

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#DigitalCurrency #DigitalYuan #Euro #EuropeanCentralBank #USD
Euro-zone to Reveal Their View on Central Bank Digital Currencies
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Christine Lagarde, President of the European Central Bank, has announced that a panel of ECB will soon reveal their view on whether the region needs to create a digital version of its currency. In a virtual event with German's Bundesbank on Thursday evening, she said that such an initiative might...

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By: Wayne Jones

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#Bitcoin #CentralBankDigitalCurrency #DigitalYuan #Euro #EuropeanCentralBank #Fiat
Lagarde: ECB Will Consult the Public on the Digital Euro
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The European Central Bank is exploring both pros and cons of implementing a digital euro, ECB President Christine Largade said yesterday. ECB expects to publish its findings in the coming weeks before launching a consultation on CBDCs.



Across the world, major central banks are addressing and...

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By: Wayne Jones

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#Bitcoin #Bundesbank #CBDCs #DigitalYuan #EKrona #EuropeanCentralBank
Yearn.finance (YFI) To Earn A Listing on Coinbase Pro
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On Thursday, September 10, Coinbase pro mentioned that it is planning to launch Yearn.finance. After the launch, locations that support Coinbase will enjoy YFI on Coinbase, apart from New York State.



Coinbase also pointed out that on Monday, September 14, they will start accepting inbound...

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By: Wayne Jones

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#CoinbasePro #COMP #DeFi #MKR #YFI
Cypherium Launches Governance Token Sale Hosted on TokenSoft
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On Sep 11, 2020, Cypherium, the enterprise-focused blockchain platform, unveiled plans to raise capital via a secondary token sale hosted on TokenSoft. Headquartered in New York, the blockchain company built a pioneering cross-chain interoperability solution for CBDC-powered cross-border...

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By: Wayne Jones

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#Amazon #Blockchain #Blockfolio #CBDC #Sidechain #TokenSale