Tag: eth
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Silver Lake Co-Founder Tells Davos Cash Is Used Far More in Crime Than Bitcoin
Glenn Hutchins said up to 90% of $100 bills are “used for organized crime and tax evasion.”
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Research Proves Recent Transfers of 8,000 Ten-Year-Old ‘Forgotten Bitcoins’ Were Sold to Coinbase
For months now our newsdesk has followed the tracks of a mysterious whale from 2010, a miner who not only mined thousands of bitcoin back in the day, but has also spent over 8,000 bitcoin during the past ten months. This week, the Russian blockchain researcher, Issak Shvarts published a report about the decade-old block…
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Bitcoin drops below $30k with $450 million in futures liquidated—what’s next?
The cryptocurrency market saw over $450 million worth of futures contract positions liquidated in the last 24 hours. In the same period, Bitcoin pulled back by more than 7%, showing weakening momentum. On Binance, the price of Bitcoin dropped to as low as $29,500, retesting a critical support level. Bitcoin price chart. Source: BTCUSD on…
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South African Regulator Seeks More Crypto Powers After Alleged Ponzi’s Collapse
“At the point something becomes a Ponzi scheme, we have lost our jurisdiction,” a regulator told Bloomberg.
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First Mover: Risks Nobody’s Ever Seen, From the Fed to Tether (and GameStop)
Risks surrounding the stablecoin tether (USDT) have been known for years, but they’re commanding fresh attention as the amount outstanding swells to $25B.
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Crypto Exchange 2gether Says It Can’t Fully Reimburse 9% of Users After 2020 Hack
After a successful fundraising effort, the company said it can now reimburse most, but not all users.
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Tokenized agriculture could provide economic relief to Argentine farmers
Blockchain proponents claim that agricultural asset-backed tokens would make it easier for farmers in Argentina to attract investment and access liquidity amid a nationwide economic crisis.
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New class-action lawsuit against Ripple (XRP) filed in Florida
Florida resident Tyler Toomey has filed a class-action lawsuit against Ripple Labs, the blockchain-focused firm behind XRP cryptocurrency, alleging that the company violated the state’s securities laws by selling its tokens. This comes on the heels of the Securities and Exchange Commission (SEC) filing a $1.3 billion lawsuit against Ripple with similar allegations. “This is…
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Former UK Cyber Intelligence Official Pushes for Law Change to Stop Bitcoin Ransomware Payments
A former U.K. cybersecurity chief has raised concerns that ransomware incidents are close to “getting out of control.” Ciaran Martin has also called for laws to prevent people from paying bitcoin to cybercriminals. Former Official Claims Most of the Cybercriminals Are Based in Russia During an interview with The Guardian, Martin, who was the head…
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Australian payments giant Eftpos becomes Hedera node operator
Eftpos has joined Hedera’s governing council after the two entities completed a successful micropayments pilot last year.