October has been a dramatic month for the top brass of BitMEX crypto derivatives exchange, whose founders face multiple charges from U.S. authorities. BitMEX’s co-founder and former chief technical officer, Samuel Reed, has signed a $5 million unsecured appearance bond…
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Senior Japanese official fears China being ‘first-mover’ in digital currency
China might gain control over global CBDC standards, a Japanese official warns. Japanese banking officials continue to voice concern over China’s progress in the development of its central bank digital currency. Kenji Okamura, vice-finance minister for Japan’s international affairs, warned…
CorionX and Syscoin Join Hands to Drive Stablecoin Adoption, CorionX IEO Enters Third Round
9th October 2020, Zug, Switzerland – The non-profit Corion Foundation is pleased to announce a new partnership with the Syscoin Foundation. The foundation partnership is the result of a shared vision to make global access to swift, safe low-cost Open…
Hit Record Producer Murda Beatz Tells Fans He Purchased Bitcoin
Another hip hop artist has joined the cryptocurrency community, as the Canadian record producer, DJ, and songwriter ‘Murda Beatz’ (Shane Lee Lindstrom) said he bought some bitcoin on Tuesday. The music producer joins a slew of other recording artists that…
Trump vs. Biden: $4K gold target as Brandt eyes Bitcoin ‘big buy signal’
The upcoming U.S. election results can’t stop a fresh gold advance, one analyst says, while Bitcoin is also due fresh bullishness. Gold will gain regardless of whether Donald Trump or Joe Biden wins the election, one analyst says as Bitcoin…
Shenzhen to hand out 10 million digital yuan in currency giveaway
China is promoting its central bank digital currency with a public $1.5 million giveaway. The major Chinese city of Shenzhen is launching a pilot program to promote the digital yuan with a public giveaway. In collaboration with the country’s central…
Central banks detail CBDC expectations in massive joint document
The report is a major step towards pushing central bank digital currencies forward. With Central Bank Digital Currencies a point of focus across the globe, a number of countries’ banking authorities have jointly produced a document discussing the currency type…
3 key indicators suggest Bitcoin price is preparing to retest $11,000
Analysts expect Bitcoin price to retest $11,000 after favorable macro factors improve BTC’s technical setup. The price of Bitcoin (BTC) is nearing $11,000 once again after a shaky start to October. Last week BTC fell below $10,500 but on Oct.…
Ethereum’s fees higher than Bitcoin’s for a record two straight months
The Ethereum network has taken more in fees than Bitcoin for a record streak, but a fee reform proposal faces an uphill battle. Ethereum (ETH) transaction fees have exceeded those on the Bitcoin (BTC) network for two months straight. Crypto…
Cosmos doubles ‘Stargate’ bug bounty rewards to avoid repeating past mistakes
Cosmos have announced a new bug bounty to rigorously vet the forthcoming Stargate upgrade to ensure no vulnerabilities are missed. In the lead up to its major network upgrade Stargate, Cosmos (ATOM) has announced a three-month-long bug bounty with double…