Cryptocurrencies
Former PBoC Head: China’s Digital Yuan Will Favor Payments and Retail
Longest-serving PBoC governor says China will continue to focus on its digital yuan as a mechanism for domestic retail systems and payment.
New Crypto-Stealing Malware Infected 80,000 Computers, Microsoft Says
Microsoft reveals that new crypto-stealing malware “Dexphot” already infected 80,000 devices earlier this year.
Can Crypto Platforms Help Loyalty Schemes in Shops Make a Comeback?
Would you want to receive loyalty rewards from retailers in crypto? New platforms are beginning to make this a reality #Sponsored.
South Korea Progresses Bill to Provide Legal Foundation for Cryptocurrencies
The national policy committee of the South Korean National Assembly has approved a bill that would provide a legal basis for cryptocurrencies in the country.
Bitcoin ATM Firm Partners With Largest Shopping Mall Operator in US
The largest shopping mall operator in the United States, Simon Malls, has partnered with Bitstop to install Bitcoin ATMs at some of its locations.
Ripple-Backed Omni Rentals to Shut Down by Late 2019: Report
Ripple-backed Omni Rentals will reportedly shut down its services and send 10 of its engineers to Coinbase.
US CFTC Obtains Over $1.3B in Administrative Penalties in 2019
In 2019, the U. S. CFTC obtained monetary relief in its enforcement actions totaling over $1. 3 billion, including funds collected from crypto companies.
BNY Mellon Officially Joins Blockchain-Based Marco Polo Network
American financial services giant BNY Mellon has joined blockchain software firm R3’s trade finance network, the Marco Polo Network.
BRICS Nations Discuss Shared Crypto to Break Away From USD and SWIFT
BRICS countries are discussing the launch of a cross-national cryptocurrency to replace the U. S. dollar and enable freedom of trade.
Telegram Founder Pavel Durov to Give Deposition in Gram Token Case
Telegram founder Pavel Durov will give a deposition in January 2020 regarding the firm’s Gram token offering.
Bitmain-Backed Cryptocurrency Startup Matrixport to Open Zurich Office
Matrixport, a Singapore-based crypto startup launched by former Bitmain CEO Jihan Wu, will open a new office in Zurich.
Red Cross Deploys Blockchain to Boost Communities’ Economic Resilience
The Red Cross societies of Norway, Denmark and Kenya have launched a blockchain-based currency plan to enhance aid delivery and foster local economies.
BitBay Crypto Exchange to Delist Monero Due to Money Laundering Concerns
BitBay will drop support for the privacy-centric cryptocurrency Monero in 2020 in order to stay in line with industry Anti-Money Laundering standards.
ECB Board Member: Global Stablecoins Pose Risks to a ‘Fragmented’ Europe
Global stablecoins could exacerbate existing risks to the “autonomy and resilience of European payments systems,” says the ECB’s Benoit Coeure.
Bitcoin Life Lesson: User Claims Forgetting ‘Brain Wallet’ Worth $13M
Bitcoin worth $13 million allegedly locked after passphrase failure.
Bitcoin Black Friday Shuts Forever as Founder Says ‘Mission’ Complete
Use altcoins for trivial payments, not Bitcoin — Black Friday founder.
4 Possible Reasons Bitcoin Dropped to $6.5K, According to VanEck Exec
China and taxes may be behind $6,500 Bitcoin price drop.
PlanB: ‘Rare Opportunity’ Can See Bitcoin Price Hit $10K in December
Bitcoin can flip bullish for $10K by year-end: PlanB.
Missouri Firm Launches New Software For Reporting Crypto Taxes
Missouri-based software maker CryptoTrader. Tax has launched new software to help tax professionals work with crypto tax reporting.
BitTorrent Creator Calls Vitalik’s ASIC-Resistant Proof-of-Work ‘A Pipe Dream And a Bad Idea’
BitTorrent creator Bram Cohen says ASIC-resistant proof-of-work is both “a pipe dream and a bad idea”.