Square Funds Project to Provide Grants for More Cryptocurrency Wallet Accessibility
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Square Inc (NYSE: SQ) announced that a grant would be awarded to a designer looking to simplify the cryptocurrency portfolio and make it more accessible to users with less tech knowledge.



The San Francisco-based cryptocurrency company announced on Twitter that it was giving a grant to Maggie...

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By: Wayne Jones

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#BTC #CashApp #COPA #JackDorsey #JPMorgan #SquareInvestmentFund

Centralized Exchange CEOs On Watch. Who Is Next?
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We are currently in a game of crypto centralized exchange CEOs survivor. So, exactly who will be the last man standing?



Data from CryptoQuant, a crypto information provider, shows a significant spike in bitcoin fund outflows from Huobi Global over the past few days. This development occurred...

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By: Wayne Jones

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#BitMEX #CBDC #CryptoQuant #Huobi #OKEx

Hong Kong Wants a Regulated Cryptocurrency Trading Platform
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Hong Kong will regulate all cryptocurrency trading platforms operating in the financial hub, urban marketplaces, as announced on Tuesday. It will change its previous approach to inclusion.



Financial regulators around the world are still examining whether and how to regulate the cryptocurrency...

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By: Wayne Jones

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#CentralBanks #CryptoTrading #ESCB #Regulation #SFC

OKEx Attempts to Calm Frustrated Customers on The Withdrawals Hitch
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OKEx, a well-known crypto exchange, ranked 11th, requests for patience as users are deadlocked from withdrawing their funds. The company stated that they are working rigorously to ensure normalcy in the digital asset withdrawal. 



OKEx Matters in Question



OKEx has disputed claims that one of ...

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By: Wayne Jones

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#Bitcoin #ColdWallets #CryptoExchange #ETH #Ether #Tron

UK Treasury Drafts Stablecoin Regulation and Applauds Ongoing Research into CBDCs
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On Nov. 9, 2020, the UK Treasury Department revealed that they were drafting private stablecoin regulation in what has been viewed as a new chapter in the country's financial services industry.



Treasury's Chancellor Rishi Sunak highlighted the proposal to regulate privately-issued digital...

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By: Wayne Jones

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#BankOfEngland #CBDCs #EuropeanUnion #G7 #Libra #Stablecoin

Legal Battles between Cred Directors and Accrued Debts Marshal in the Bankruptcy Filing
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Cred Inc, a crypto investment firm, filed for bankruptcy defense in the District of Delaware on Saturday. Many customers were astonished by this legal move by the lending service. Cred register assets range within $50 million and $100 million and liabilities ranging within  $100 million and...

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By: Wayne Jones

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#Bankruptcy #BTC #Crypto #CryptoLending #Uphold

Bitcoin Surges Over $15,000: Kickstarting an Unprecedented Rally?
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Bitcoin price surged above  $15,000 on Thursday, reaching levels not seen since January 2018 amid uncertainty surrounding the US presidential election. The world's most famous cryptocurrency last traded almost 9% higher at $15,233.



Bitcoin collapsed in 2020 and has more than doubled its value ...

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By: Wayne Jones

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#FOMO #MicroStrategy #PayPal #PayPalCrypto #Square #USElections

Bitcoin Price Could Spiral Higher as Hash Rate Jumps By 42%
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On Nov. 9. 2020, Bitcoin's hash rate reached 157.5 exahashes per second (EX/s) as per data from Coinwarz, marking a 42% increase in the span of two days. This surge means that the speed at which BTC miners can process transactions and solve the block reward puzzles is increasing rapidly post...

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By: Wayne Jones

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#BTCHashrate #BtcMining #BtcNetwork #Coinwarz #QuantumEconomics

Coinmerce Gets Greenlight after Registration in De Nederlandsche Bank
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On November 9th, Coinmerce could not hide their excitement as they saw their crypto included in the Dutch Central Bank, De Nederlandsche Bank (DNB) register. The registration is a green light for the platform to continue with their undertakings.



As one of the top cryptocurrency platforms with...

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By: Wayne Jones

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#Cryptocurrency #DigitalWallets #DutchCentralBank #Netherlands

Updates on BTSE Joint Integration With MetaMask & WalletConnect
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BTSE announced full integration with popular and leading decentralized wallet MetaMask and the popular connection protocol WalletConnect recently. 



A month later, Jonathan Leong, CEO of BTSE, commented that users love the Metamask integration, which is the most familiar wallet experience...

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By: Wayne Jones

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#CoinGecko #DeFi #ERC20 #Ethereum #MetaMask #WalletConnect

The Lebanese Central Bank to Introduce a Digital Currency in 2021
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The Lebanese Central Bank plans to introduce a digital currency next year to restore confidence in the banking sector and shift to a cashless system said Governor Riad Salame.



The Bank for International Settlements published a study that found that about 80% of central banks are active in this...

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By: Wayne Jones

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#CBDC #CBDCs #DigitalCurrency #Lebanon #OxygenPlatform

Paypal Ignites Customer Expectations by Approving Trade and Holding of Cryptocurrency
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Qualified Paypal account holders in the United States can now buy, sell, and hold the cryptocurrency. PayPal made this announcement on Thursday. Users can now trade at 26 million merchants on the payment network starting from the first quarter of next year. Paypal made this significant move due...

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By: Wayne Jones

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#Cryptocurrency #CryptocurrencyTrade #PayPalCrypto

Chainalysis Launches Program to Help Government Agencies Handle Confiscated Cryptocurrencies
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On Nov 12, 2020, top blockchain analysis firm Chainalysis unveiled a new program aimed at helping government agencies track, manage, and store seized cryptocurrencies. 



The program dubbed the "asset realization program" is to aid investigators track and hold seized assets during criminal ...

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By: Wayne Jones

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#Bitcoin #BlockchainAnalysis #ConfiscatedCrypto #LawEnforcement #Monero #Terrorism

Kyrgyzstan: Central Bank to Draft a Bill on Cryptocurrencies
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The Central Bank of Kyrgyzstan has announced that it is drafting a law to regulate cryptocurrency. It will allow Asian countries to join forces with countries worldwide that have clear policies on crypto-assets.



Moving Towards Regulation



Apex Bank discloses this in a document posted on its...

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By: Wayne Jones

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#ApexBank #CentralBankOfKrygyzstan #CryptoAssets #CryptoLegislation #CryptoMining #MoneyLaundering

Rhotex Inc Launches Environmentally-Sound Options to Crypto Mining
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On November 16th Rhotex Inc, a corporation that delivered the RHO Miner Series introduced three miner cases. The products are structured with a cooling system that performs efficiently with its fragments during heat production. The models which include; RHO Pro, RHO Lite, and RHO Rack will ensure...

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By: Wayne Jones

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#Bitcoin #Crypto #EcoFriendly #Ethereum #RHOLite #RHOPro #RHORack #WiFi

PayPal Boosts Paxos' Trading Volumes by 500% after Crypto Partnership
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According to CoinGecko data, Paypal cryptocurrency partner Paxos saw rapid growth in trading volume after joining forces with the California based Payments giant to support crypto purchases.



Paxos's itBit exchange which will power the new service for PayPal, enables customers to buy, sell, and...

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By: Wayne Jones

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#BTC #Crypto #ETH #ItBit #LTC #Paxos #SquareInc

CME BTC Futures Record Highs of $1 Billion in Open Interest
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Open interest for Bitcoin futures deal on CME Group’s exchange tracks a record of $1billion amid the covid-19 Pandemic. Since August, this is the highest point the iconic group has reached.



On Wednesday morning, the price of bitcoin was $18,172; this is a new level it has hit since December 2...

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By: Wayne Jones

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#BitcoinReferenceRate #BtcFutures #BtcOptions #CFTC #Chainalysis #CmeBitcoinMarket #EToro

Binance Files Defamation Lawsuit against Forbes over Fallacious Article
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On November 18th, one of the most popular asset exchanges, Binance, filed a defamation lawsuit against Forbes Media LLC and two journalists. According to Binance, Forbes published an article, “Leaked ‘Tai Chi’ Document,” accusing the exchange of establishing a corporate scheme to deceive and take ...

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By: Wayne Jones

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#BitcoinRegulations #ChangpengZhao #CryptoExchange #Forbes #TaiChiDocument

Another Bitcoin Bubble? Backers Hope This Won't be Like 2017
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Bitcoin is surging towards the 2017 all-time high. Backers hope that the fewer excited retail investors are, the lesser the risk of a crash this time around. 



Bitcoin broke $18,000 on Wednesday nearing its ATH registered in Dec. 2017, having soared approximately a hundred and 60% this 12 ...

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By: Wayne Jones

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#BTCATH #CME #FidelityInvestments #Messari #Nomura #PayPal

Bitcoin Withdrawals Increase Poker Players’ Winnings
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As bitcoin continues to grow, successful online players become more prominent winners by claiming cryptocurrency while withdrawing money from multiple poker sites.



The Winning Poker Network, which operates sites such as AmericasCardRoom.eu, had to buy millions of dollars in bitcoin every day...

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By: Wayne Jones

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#AmericanCardRoomEu #BtcTransaction #COVID19 #GuinnessWorldRecord #OnlineGambling #WinningPokerNetwork

CipherTrace Announces Monero-Tracking Patent Filing: Are Privacy Coins Under Threat?
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Blockchain analytics and forensics firm CipherTrace revealed in a recent blog that it had filed two different patents for technology capable of tracing transactions for privacy coin Monero (XRM).



According to the post, the Monero tracker would have the capacity to trace illicit transactions...

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By: Wayne Jones

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#BLOCKCHAINANALYTICS #Chainalysis #DASH #Monero #OKEx #Upbit #XMR #Zcash