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50% of Abra CEO’s Portfolio is Bitcoin, As Cash is Turning “Worthless”

Bill Barhydt – co-founder and head of major P2P crypto exchange firm Abra – reportedly revealed his initiative to have more Bitcoin in his possession, making up 50% of his overall...

| Oct 27, 2020 14:49

PayPal is Planning to Acquire BitGo and Other Cryptocurrency Firms

A day after PayPal announced its new cryptocurrency service, new reports surfaced that it is planning to buy crypto firms including BitGo. PayPal recently made headlines with the announcement of its...

| Oct 26, 2020 06:44

Bank of Russia to Launch A Central Bank Digital Currency (CBDC) Pilot Next Year

The Russian central bank believes a digital ruble could mitigate the effects of economic sanctions. While China is ahead of the central bank digital currency (CBDC) race with its testing the digital...

| Oct 21, 2020 14:35

$22M in Bitcoin Transferred From Huobi to OKEx Despite Recent Withdrawal Suspension

OKEx are reportedly being in charge of facilitating major Bitcoin (BTC) transactions from Huobi crypto exchange, despite having temporarily shut down its crypto withdrawals feature. Specifically, a...

| Oct 18, 2020 10:23

Cryptocurrency Trading Volumes Surge By 88% in Q3

Driven by the growing interest in decentralized finance and yield farming, trading volumes for the third quarter of 2020 increased by $155 billion. Cryptocurrency market activity continued to soar...

| Oct 17, 2020 16:40

Former PwC-led Financial Services Firm Released ‘Power Dollar’ Stablecoin

Financial services firm from New Zealand – Power Finance – is reportedly going to release the alleged “world-first” digital version of the New Zealand dollar. Specifically, the firm...

| Oct 16, 2020 14:58

Spanish Blockchain Company Sent Bitcoin to Congressmen to Educate Cryptocurrency

Every member of the lower house of Congress in Spain has reportedly received a surprise, crypto-related gift – 1 euro in the form of a digital coin. Specifically revealed by ABC, the project...

| Oct 12, 2020 08:35

Venezuela Turns to Cryptocurrency for Domestic and Global Trade

Venezuela president Nicolas Maduro revealed plans of using cryptocurrency for its trade, a move aimed at going around U.S. sanctions. Venezuela ranked third in terms of cryptocurrency usage as people...

| Oct 05, 2020 18:20

Colombian congressman Revealed Obstacles His Bill For Crypto Regulation May Face

Mauricio Toro, Colombian congressman of the Alianza Verde party, who has come up with a draft bill meant to provide regulations for the local crypto scene, has reportedly disclosed challenges to his...

| Oct 04, 2020 01:41

CFTC Finalized $7.4 million Pay Back And Promise to Guard the Crypto Market

On October 2nd, the Commodity Futures Trading Commission reportedly finalized the return of a $7.4 million stolen fund from a fraudster to investors, and promised to offer protection for the Bitcoin...

| Oct 03, 2020 15:56