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Myth or Fact: Are Criminals Still Going Crazy For Cryptocurrencies?
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Just like in any other technology, criminals are turning the cryptocurrency sector to their advantage. These criminals are using cryptocurrency, a legitimate technology, to advance their illicit activities.



Bitcoins and other digital currencies are, therefore, a frequent target for many...

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By: Wayne Jones

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#Bitcoin #Cryptocurrency #CryptocurrencyATMs #CryptocurrencyExchange #Illegal
Breitling Partners With Arianee To Issue Digital Certificates For Its Luxury Watches
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On the 13th of October 2020, Breitling announced partnering with Arianee to issue unique authenticity certificates for its luxury watches on the Ethereum blockchain. Breitling will no longer issue physical certificates for the watches; instead, it will offer a digital passport that will even...

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By: Wayne Jones

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#Arianee #BlockchainTechnology #DigitalWallet #EthereumBlockchain #NFTs
Atari To Incorporate Its Crypto Token With Its New VCS Gaming System
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Recently, the gaming giant Atari announced its plan to introduce its digital currency called Atari Token, on its new VCS gaming system. In this case, it will be possible to purchase the new Atari VCS gaming system using Atari Token.



The Atari console will include a collection of 100 classic...

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By: Wayne Jones

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#AtariBlockchain #AtariToken #BitcoinComExchange #Gaming #VCSGamingSystem
Bitcoin Price on a Record-Setting Streak Above $10K
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Bitcoin (BTC) has set a record for its longest daily streak above $10K. The digital asset broke above this significant psychological level at the beginning of September and has stayed above it for a consecutive 84 days during press time. 



As per a market outlook report by Blockchain.com, the ...

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By: Wayne Jones

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#BlockchainCom #BTC #BTCHashrate #SP
Bank of Canada Seeks To Hire Expert For CBDC Development
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On Oct. 18, 2020, The Bank of Canada took a step towards the development of a Central Bank Digital Currency (CBDC) by announcing their desire to hire an economist for digital currencies.



As per a job advert on the bank’s official page, the winning candidate should have advanced knowledge of f...

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By: Wayne Jones

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#BankOfCanada #BTC #CentralBankDigitalCurrency #CryptoExchanges
The Bitcoin Adoption Rush Just Begun in Major American Companies
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August 11, 2020, will remain an essential date in bitcoin history. It marks the day that America's major corporations pushed bitcoin adoption.



Michael J. Sailor, CEO of MicroStrategy, announced that his company is making Bitcoin its main reserve item in a treasure trove. After reviewing at...

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By: Wayne Jones

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#Amazon #Apple #BitcoinTreasuries #Facebook #Microsoft #MicroStrategy
Increasing Worldwide Protests Contribute to Crypto Adoption
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Recently, there are rising protests worldwide, and all of them get aligned against powerful bodies and ingrained politicians. These entrenched bodies may control domestic centralized financial institutions and eliminate dissidents’ power, especially in protests that require donations. When p...

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By: Wayne Jones

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#BTC #BTCpay #BYSOL #CryptoDonations #Cryptocurrency
The Sand Dollar: Bahamas Launches World’s First CBDC
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On the 20th of October 2020, the Central Bank of Bahamas took to its Twitter account to announce the launch of the Bahamian CBDC, the Sand Dollar. The Bahamas is the first country to release a central bank digital currency beyond a pilot program.



The Central Bank of the Bahamas first announced...

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By: Wayne Jones

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#BahamianCbdc #CBDC #DigitalYuan #Nzia
Bitcoin Price Shoots Past $12K as Buyers Take Control
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Bitcoin surged higher towards $12,000 on Tuesday as bulls renewed their buying pressure. The leading crypto managed a break above this important psychological level that had held as strong resistance for...

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By: Wayne Jones

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#Altcoins #BTC #BtcBulls #DeFi #FederalReserve
PayPal To Offer Crypto Support: How Big a Deal is it?
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According to a PayPal press release on Oct 21, the payments giant is ready to let users buy, sell, and hold BTC, LTC, BCH, and ETH. The company decided on the move in a bid to encourage the global use of digital coins, according to PayPal CEO Dan Schulman.



PayPal plans to launch crypto support...

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By: Wayne Jones

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#BTC #CBDCs #Cryptocompare #Paxos #PayPalCrypto
CBDC Building Fray by Central Banks: Which Country Will Be First?
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The central bank digital currency (CBDC) frenzy is seemingly reaching the point of no return. Over the next few years, more central banks look set to turn to these novel financial instruments as a principal payment device. 



The majority of the CBDCs in development are retail iterations that ...

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By: Wayne Jones

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#BankOfCanada #BIS #DigitalYuan #FederalReserve #MIT
China's Central Bank (PBOC) to Ban the Issuance of Cryptocurrencies
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In another crypto ban, the People's Bank of China (PBOC) is accepting public comments on a bill designed to pave the way for the digital yuan. China's ICO for 2017 and the crypto trading ban were making waves in the market at that time. Since then, state authorities have continued to restrict...

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By: Wayne Jones

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#CentralBankAct #CryptocurrencyBan #DigitalYuan #ICO #ICOBan
Hacker Drain $24M from DeFi Protocol Harvest Finance
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On Oct. 26, 2020, an attacker reportedly exploited $24 Million from DeFi platform Harvest Finance. The dev team behind the protocol explained in a tweet that the unknown hacker infiltrated one of its yield farming pools and swapped his loot for RenBTC.



The malicious actor exploited the Curve y...

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By: Wayne Jones

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#DeFi #DeFiProtocol #FARMToken #PeckShield #RenBTC #RugPull #YieldFarming
Ant Group Seeks to Raise to $ 17 Billion From an IPO in Shanghai
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Jack Ma's Ant Group Co. is expected to see an upsurge of nearly $ 35 billion through IPOs in Hong Kong and Shanghai. This prizewinning situation would be considered the world's most significant selling stock to date.



Fintech is valuing its stake in Shanghai at 68.8 yuan ($ 10.27) in cash and...

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By: Wayne Jones

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#Alibaba #IPO #JackMa #ShanghaiStockExchange #USElection
Whale Completes Mammoth-Sized Transfer of Over $1.15B in Bitcoin
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On Oct.26 at 14:59 UTC, an anonymous crypto holder transferred $1,153,612,284 worth of Bitcoin (88,857 BTC) to an unknown destination. On-chain data from blockchain.com confirmed the coins in block 654,364. 



The move marks the largest dollar value BTC transaction in history, surpassing...

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By: Wayne Jones

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#BlockchainCom #BTC #BtcTransaction #Coinbase #CryptoWhales #CrystalBlockchain
FinCEN Wants Information on All International Crypto Transactions Over $250
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The Financial Crime Network (FinCEN) and the Federal Reserve are looking for more information on smaller transactions than ever before.



According to a notice issued on Friday about the proposed rule-making, the agency wants to lower the $ 3,000 international transaction threshold set in 1995...

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By: Wayne Jones

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#AMLWatchdog #CryptoExchanges #FederalReserve #FinancialActionTaskForce #TravelRule
IOTA Joins a NEDO-funded Project to Set Up a Predictable Support System Based on AI and DLT
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The IOTA Foundation, a non-profit organization behind the IOTA block, has announced that it has joined the Japanese government on an industrial infrastructure project funded by NEDO.



The foundation is partnering in a project initiated by Japan's premier support companies, Best Materia and IMC,...

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By: Wayne Jones

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#AI #DLT #IotaFoundation #IOTATangle #Nedo
Paypal is Adopting Cryptocurrency. Is it the Right Move?
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The battle against fiat is up and in full swing globally. PayPal - one of the largest payment companies globally with a market capitalization of $ 240 billion - will soon enable U.S. customers to buy, HODL, and sell bitcoin, bitcoin cash, ether (the crypto that powers Ethereum), and...

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By: Wayne Jones

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#BCH #BTC #ETH #FCA #LTC #PayPalCrypto
Mate 40, Huawei’s Flagship Smartphone with an In-built Hardware Wallet Supporting the Digital Yuan
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On October 30, Huawei announced the release of Mate 40, the first phone that incorporates China's central bank hardware wallet. Future Mate 40 series phones will also support central bank digital currency.



Mate 40 enables dual offline transactions, hardware-level security, and anonymity for...

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By: Wayne Jones

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#CBDC #DigitalYuan #HardwareWallets #HTFMI #Huawei
LockTrip Partners with Electroneum Attracting More than 9,100 Electoneum App Downloads
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LockTrip recently announced a critical partnership with Electroneum, a leading empowerment project in emerging markets and freelance platform developer AnyTask.com. More than 9,100 new users have downloaded the Electroneum app bringing total users to 2,707,208.



Electroneum is the first...

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By: Wayne Jones

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#AnyTask #Electroneum #ETN #Freelancing
Iran BTC Adoption as an Exchange Medium a Spark for Mainstream Crypto
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In an October 30 report, Iran makes headlines by becoming the first country to embrace bitcoin as a lawful mode of exchange formally. The US’ Treasury Department plunged a new wave of sanctions against the state, thus leading to this monumental decision. 



Recent reports stated that the C...

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By: Wayne Jones

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#BTC #CBDC #COVID19 #CryptoAdoption #USTreasury