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Tosei real estate and Tokyo Financial Holdings issued an asset-backed digital financial product, Coinage registered with Japanese authorities as an exchange and more headlined news from Japan this past week. This week’s headlines from Japan included real estate player Tosei and Tokyo Financial Holdings listing an asset-backed digital financial product, Cointelegraph Japan interviewing a former…Read More

Cryptocurrency exchange Cashaa said hackers took 336 bitcoin from one of its wallets. The company has stopped all crypto-related transactions. U.K. based cryptocurrency exchange Cashaa reported hackers took more than 336 Bitcoin. The company has stopped all the crypto-related transactions, however, prima facia users are not affected by this hack. In a media brief shared with…Read More

Chinese authorities have seized cryptocurrencies worth about $15 million while bringing down a scam involving fake Huobi tokens. In addition, ten people were arrested while luxury cars and real estate were confiscated. The police in the Chinese city of Wenzhou, Zhejiang province, have cracked a criminal case and seized millions of dollars worth of cryptocurrencies,…Read More

Cryptocurrency adoption is inevitable, but without strengthening our approach to user education, the process will be slow. Only with increasing difficulty can one recall a time when the majority of the world was yet to adopt the internet. In 1995, user adoption of the internet had​ ​only reached​ 10% of American households, five years after…Read More

The OCC launched a project to identify ways to improve financial inclusion and remove barriers to credit access. The Office of the Comptroller of the Currency, or OCC, launched a project aimed to improve financial inclusion of underserved populations.Called REACh, which stands for Roundtable for Economic Access and Change, will bring together banking industry leaders…Read More

Even though Bitcoin price has shown some weakness, key support levels are holding as BTC prepares for another shot at $10,000. The price of Bitcoin (BTC) has been showing weakness throughout the week. However, the key support level is holding up, and this triggered the continuation of many altcoins such as Tezos (XTZ) and Algorand…Read More

A blockchain startup helps car manufacturers ascertain that the raw materials they use are not produced by children. Recently, the venture arms of corporate giants Volvo and Total invested in blockchain traceability startup Circulor that helps reduce child labor in Africa and aspires to work with Tesla, GM and Ford.Prior to an investment by its…Read More

With Dogecoin’s price falling, OKCoin’s CMO says the TikTok-fueled asset pump appears over. Dogecoin’s (DOGE) price has fallen notably after social media enthusiasts promoted the asset for days on TikTok in an effort to send the asset to $1. The escapade shows signs of conclusion according to OKCoin CMO Haider Rafique.  “The Doge/TikTok effect is really down…Read More

A Parisian street artist is receiving hundreds of dollars every day in bitcoin donations from his painting that speaks about “fiat and money printing.” Pascal Boyart’s latest mural, “Confessions of a Red Jester”, is a modern interpretation of the 1862 painting “Stańczyk” by Polish romanticist painter Jan Matejko. The original depicts a lonely jester against…Read More

What is decentralized file sharing, how does it work, and what are the main benefits of a peer-to-peer sharing model? Are there decentralized file sharing use cases already in operation?Two examples where IPFS has been used are with Wikipedia and the Android version of the Opera browser. The Turkish government previously attempted to ban Wikipedia,…Read More

Love it or hate it, a piece of performance art is now in permanent residence on the Ethereum blockchain. So is it worth watching? As Cointelegraph reported, earlier this week a quarantine-inspired performance art film called HOW ARE WE was hashed and minted into a non-fungible token on the Ethereum blockchain. The project also minted…Read More

Is it even fair to compare Bitcoin to younger versions of tech giants like Apple? A recent article by a Cointelegraph Markets contributor proclaimed that “Bitcoin is the ‘new’ Apple,” explaining just how Bitcoin’s (BTC) price could reach $60,000 by 2023: “Bitcoin hangs near the chasm of the adoption curve, and its price looks similar…Read More

Last May, the software developer and creator of revoke.cash, Rosco Kalis, released Cashscript version 0.4 that included a number of optimizations. Cashscript’s new website highlights the high-level language that “offers a strong abstraction layer over Bitcoin Cash’ native virtual machine, Bitcoin Script.” Additionally, the developer Tendo Pein recently announced the “high-level smart contracts programming language…Read More

Japanese holdings of cryptocurrencies such as Bitcoin, XRP, and Ether all surged during the coronavirus pandemic. The Japan Virtual and Crypto Assets Exchange Association (JVCEA) — a self-regulatory organization for the crypto industry in Japan — recently published a report on Japanese holdings of major cryptocurrencies in March. 169,376 BTC was held on Japanese exchanges, up more than…Read More

The drop in the price of Bitcoin on July 10 to $9,100 was led by Bitstamp, data finds, coinciding with selling by BTC miners. According to data from CoinMetrics, a sell-off on Bitstamp led the market-wide plunge of Bitcoin (BTC). The top cryptocurrency by market capitalization dropped $150 within seconds on the exchange, well below…Read More

Forte Labs’ vice president of token economics explained blockchain underpinning can affect in-game asset supply and demand economics. During a gaming-focused Unitize digital conference panel, Mike Termezy, vice president of token economics at blockchain technology services company Forte Labs, explained blockchain can alter gaming market ecosystems.Blockchain can lay out more clearly-defined scarcity parameters in gamingDuring…Read More

Decentralized mesh networks are a technological lifeline in a disaster, allowing one to check in on family and access crypto funds. Hurricanes and typhoons, earthquakes, cyberattacks and solar flares: There are many disasters, both natural and human-made, that have the potential to disrupt our digital-centric societies. With an estimated 4.5 billion people using the internet,…Read More

Finding a high-performance asset without insight is challenging, but systematically controlling losses is what is really needed to succeed. When I began to get interested in trading, about 20 years ago, I read many books on the topic. One day, I saw: “In order to make money in the markets, the importance is not to…Read More

About 150 mountain bikers will compete at this year’s edition of the Munga MTB race in South Africa. The race will commence in the first week of December. The top three finishers in each category will share the 1.5 bitcoin in prize money. The Bitstamp sponsored race was launched in 2015. Bikers from South Africa,…Read More

These are the alternative crypto assets that have outperformed the rest of the market including Bitcoin in the past week as the DeFi craze gains steam. Alternative cryptocurrencies, or altcoins, have started to record large gains across the board. Some small-cap coins have seen triple-digit percentage gains in recent weeks. But several larger-cap cryptocurrencies have…Read More

Healthcare is among the first industries in South Korea to receive the benefits of data management and storage on blockchains. The government of South Korea is trying its best to adopt blockchain technology in various industries. The country’s central bank is reviewing the use of a central bank digital currency, and various government ministries want…Read More

Experts are of the opinion that governments need to work hand-in-hand with encryption-centric service providers to combat illegal activities on their platforms. Encrypted messaging services have always presented a tough challenge for government agencies all over the world. On one hand, they allow for freedom of speech, but on the other, they enable miscreants and…Read More

Bitcoin’s correlation to the S&P 500 has reached a new all-time-high, what does this mean for BTC price? Lately, Bitcoin price has been showing record-high levels of correlation with traditional markets and on July 9 the correlation between the S&P 500 and BTC reached a new all-time high. Data from Skew shows that the one-year realized…Read More

Data shows that a sharp shift in investor demographics and monetary power could propel Bitcoin price to new highs. Bitcoin (BTC) has been trading sideways for around a month now and is being outperformed by several other altcoins like Ether (ETH) and Chainlink (LINK). The cryptocurrency also hit the lowest levels of volatility since November…Read More

London-based crypto-financial technology startup denied Sixgill’s claims that its database was stolen by hackers. Plutus, a crypto finance app founded in 2015, denied social media reports that its database was compromised by a hacking attack launched by alleged threat actors.On July 9, Israel-based threat intelligence firm, Sixgill, published an alert through their official Twitter account…Read More

The Japanese online securities company Monex has revealed the launch of cryptocurrency-based contract-for-difference (CFD) services that went live on Wednesday. The new derivatives products offered by Monex will include bitcoin, XRP, ether, and bitcoin cash pairs with 2x leverage. Japanese digital currency exchanges are getting into leverage products as the firm Monex has revealed a…Read More

Over 13,000 Bitcoin addresses hold over $1 million worth of Bitcoin. There are over 13,000 Bitcoin (BTC) addresses that are worth at least $1 million, according to data from Glassnode.107 BTC to become a millionaireAt the current prices, it takes about 107 BTC for an address to become a dollar millionaire. Since this metric is…Read More

This week has seen some major breakthroughs in disguise, reminding us of how regulation doesn’t all happen at once. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s notePolicy changes slowly. Crypto wants to move fast. Sometimes fairly, sometimes not, the crypto industry often portrays…Read More

Digital Shadows warned that over 15 billion credentials are exposed on the dark web for sale and some of them are even available for free. A recent study revealed that over 15 billion credentials are in circulation via the dark web, representing a 300% increase since 2018. Available information ranges from network access credentials, banking…Read More

News of a potential Coinbase stock market listing comes amid current bullish mainstream market conditions. Amid a bullish mainstream market, news of Coinbase’s reported traditional stock market listing could prove timely alongside other companies similar public listing efforts. “When good times are rollin in the stock market, people want to get in there,” Morgan Creek Digital…Read More

The popular digital currency trading platform, Bitfinex must deal with the New York Office of the Attorney General (NYAG) over the alleged hiding of over $800 million in client and corporate funds. The NY state Supreme Court’s Appellate Division overruled an appeal on Thursday, after the company put forth the argument that tether (USDT) was…Read More

The billionaire investor Michael Novogratz recently detailed in an interview that he thinks global investors should hold more gold in their portfolios and own less bitcoin. Novogratz’s statements follow his recent advice last month when he said investors should “watch gold and bitcoin.” Michael Novogratz is a well known investor and was a hedge fund…Read More

A Romanian man admitted Thursday to conspiring to engage in wire fraud and selling unregistered securities linked to Bitclub Network, a cryptocurrency mining Ponzi scheme worth at least $722 million. Silviu Catalin Balaci, 35, a Romanian citizen appeared before U.S. District Judge Claire C. Cecchi. Balaci pleaded guilty to a superseding information charging him with…Read More

The Shariah Advisory Council of Malaysia’s securities commission has advised that it is permissible to invest and trade cryptocurrencies on registered crypto exchanges. About 60% of the country’s population are Muslims, many of whom have been reluctant to trade crypto in fear that it might not be Sharia-compliant. Shariah-Compliant Crypto Trading The Shariah Advisory Council…Read More

Chicago-based lending firm Ceres recently filed for a request to conduct a Reg. A sale in order to get approval from the U.S. Securities and Exchange Commission (SEC). Ceres wants to launch a token that will be used for garnering equity, while the company also wants to launch a coin that can be used to…Read More