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Bitfinex Ordered By UK Court Last Month to Freeze Extorted Bitcoin Funds
New reports have emerged about the $865,000 in BTC transferred to Bitfinex exchange. The sum is suspected to be part of a ransomware payment made by a company in October 2019. As per the latest news, the commercial court of England and Wales high court ordered Bitfinex to freeze all the suspected ransomware funds ($865,000 […]
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Schiffgold Chairman and Crypto-Critic Peter Schiff Mistook Pin for Crypto-Wallet Password
Peter Schiff, CEO of Euro Pacific Capital and Chairman of Schiffgold, updated the latest on his alleged corrupted bitcoin wallet by saying that he mistook his pin for his password as he also never had his seed phrase. In another of his tweets, Schiff said that Erik Voorhees set up his account for him over […]
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Ex-CFTC Chair Releases Formal Remarks On His Digital Dollar Project
The Blockchain Economic Forum kicked off in Davos, Switzerland, with a keynote speech on Digital currencies delivered by J. Christopher Giancarlo, ex-chair of the Commodity Futures Trading Commission (CFTC). In his speech, Giancarlo spoke in depth about his recently launched digital dollar project that was meant to develop a virtual currency that’s fully backed by […]
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ASIC Gives An Australia Fintech Firm the Go-ahead to Launch Bitcoin Fund
On January 20, 2020, an Australia financial regulator announced that it had given its approval to fintech startup Raiz to offer its Bitcoin investment retail fund. The news marks a defining moment for the Australian cryptocurrency space with regulators previously keen on strict oversight of the industry. The Australian Securities and Investment Commission (ASIC) has […]
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SEC Slowing Down Crypto Adoption with an Endless List of Rejected ETFs
In case you missed it, on our last Adoption Piece, we failed to dig into how the crypto Watchdogs are hindering crypto adoption. Well, although all factors are equally instrumental in driving crypto, the most notorious one with the most power to cause a domino effect to the rest is the US Securities and Exchange […]
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Nuts and Bolts of the Recent Developments in the Lightning Network and User Experience
With Bitcoin scalability problem getting out of hand, the Lightning Network seems to be the only solution. Well, since so much hope has been placed on the platform, the Network has undergone significant developments, especially in the past year. It now has more than 2,800 nodes with active channels, 20,000 channels and a total network […]
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Lawsuit Alleging Market Manipulation by Tether and Bitfinex Has Been Withdrawn
On January 10, 2020, one of the lawsuits against Tether and Bitfinex was withdrawn by the plaintiffs. The case withdrawn was filed on November 22, 2019, by Eric Young and Adam Kurtz against iFinex, the parent company of Tether and Bitfinex, for alleged market manipulation. The plaintiffs purported that Bitfinex and Tether distributed false info […]
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SBI and GMO to Set up Crypto Mining Shops with Whinstone Inc. in Texas
On 7th January 2020, SBI Holdings and GMO Internet In., the Japanese internet services provider, partnered with Northern Bitcoin AG through its subsidiary whinstone Inc. to start a crypto mining facility in Rockdale Texas. The Northern Bitcoin AG, a German company based in Frankfurt, will start to process crypto transactions for both firms in a […]
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Lucky Creek Casino Review
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