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Crypto news

Breaking news headlines about Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC) and blockchain technology.

Crypto news

Bitcoin thrives because of Bolivar in Venezuela

Bitcoin thrives because of Bolivar in Venezuela

10:52 am 2019-07-23

Venezuelan citizens have converted their official currency, the Bolivar, to Bitcoin (BTC), in very large volumes, more than ever, last week, and statistical reports have confirmed that there are more transfers to other digital currencies. For its part, data from Coin Dance, which tracks trading activity on P2P exchanges, showed that Localbitcoins, Paxful, and Bisq witnessed in the seven days to July 20 the largest conversion in Venezuela. During that period, users at Localbitcoins alone had volumes of over 57 billion bolivars, surpassing the previous record high of 49 billion, which appeared the previous week. These huge…

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Crypto Trading QuickBit causes data to be compromised

Crypto Trading QuickBit causes data to be compromised

10:32 am 2019-07-23

Sweden-based Crypto trading QuickBit has penetrated sensitive user data, it said in an official statement published on Monday (July 22nd). The exchange of digital currencies in its statement, that this breakthrough came because of some problems in the platform database. QuickBit revealed that personal data such as names, addresses, e-mail addresses and card information of 2% of its customers have been disclosed. Crypto trading QuickBit explained that no passwords, social security numbers, account information, full credit card, encrypted currency, special keys or financial transactions were detected or affected. Encrypted Currency Trading QuickBit initially…

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Digital Currency and India - government recommends a ban

Digital Currency and India - government recommends a ban

03:33 pm 2019-07-22

A government commission has recommended a ban on digital currency in the country, according to Reuters reports published on Monday (July 22nd). The government committee on Monday recommended banning Crypto and imposing sanctions on any transactions involving encrypted assets. According to a government statement, the report and the draft law passed by the committee behind the recommendation by regulators and the government will be examined before a final decision is made. Earlier this month, Indian State Minister of Finance Anurag Thakur pointed out that there is no law in India that explicitly prohibits the use of digital…

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Bitcoin is the beneficiary of the interest Libra crypto currently .. Tim Draper

Bitcoin is the beneficiary of the interest Libra crypto currently .. Tim Draper

11:46 am 2019-07-22

Tim Treber, a billionaire, said that Bitcoin (BTC), the ultimate beneficiary, will now be paying attention to Libra crypto, which belongs to Facebook. In a recent interview on CNBC last Friday, July 19, Dreiber, a well-known advocate of BTC, defended both Libra crypto and BTC against recent pressures from various global governments, especially the United States . In response to a question about whether the world is now in a post-BTC environment, Bitcoin argued that it represents real innovation from the world of digital currencies and will ultimately be the instrument that redefined borders, funding and…

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​Crypto around the lunch table founder Tron .. why

​Crypto around the lunch table founder Tron .. why

10:19 am 2019-07-22

Justin Sun, the founder of Tron, called for lunch with renowned investor Warren Buffett, a prominent figure in the Crypto industry to attend. Earlier on Sunday, July 21, Sun invited Yoni Assia, founder and CEO of eToro trading platform, to lunch with Berkshire Hathaway's Chairman and CEO via a tweet on Twitter, which was immediately answered by the company's CEO. "I am honored to join you for lunch with Warren Buffett a great step to connect the world of traditional finance with the new world." Last Saturday, Sun, head of the Binance…

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Cryptocurrency lose 2 billion dollars due to fraud in South Korea

Cryptocurrency lose 2 billion dollars due to fraud in South Korea

09:44 am 2019-07-22

Nearly 2.7 trillion won ($ 2.3 billion) has been lost because of crimes involving cryptocurrency in the past two years, according to South Korean government data. Figures from the country's Justice Ministry said on Sunday that losses from digital currency, Ponzi schemes, embezzlement and illegal exchanges amounted to 2.69 trillion won in South Korea from July 2017 to June 2019. The ministry also said that 420 people were charged with crimes of cryptocurrency in that period, and 132 people were arrested. In June this year, Justice Minister Park Sang-ki ordered prosecutors to recoup the profits of…

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​Facebook Coin Libra Unites the governments of G7

​Facebook Coin Libra Unites the governments of G7

12:03 pm 2019-07-19

This week saw many controversial comments about Facebook Coin Libra, announced by Facebook last month. US Treasury Secretary Steve Menuchin said his executive agency was in line with the G7's other financial ministries in connection with the jump in the global social networking site Facebook to the digital currency market. In his comments on CNBC's Squawk Box, Menuchin said: "There was a clear agreement from all G7 finance ministers and central bankers that Facebook Coin Libra in particular raises some very important concerns, as well as digital currencies on a larger scale." The US…

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Bitcoin acquires new legal recognition in China

Bitcoin acquires new legal recognition in China

10:08 am 2019-07-19

Bitcoin (BTC), a legal recognition by a second Chinese court, gained another success in the digital currency market in one of the harshest environments on the market. According to investor Duffy Wan, who is associated with local media coverage, the Hangzhou Internet Court formally named BTC as a virtual property on Thursday (July 18th). The second court to attribute ownership to the BTC, the verdict came as part of the dispute between the now-expired stock exchange and one of its users who lost money. For Wan, the case is an important turning point for Bitcoin in China,…

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​Crypto Trading BitMEX is under investigation in the United States

​Crypto Trading BitMEX is under investigation in the United States

09:53 am 2019-07-19

It is reported that the US Commodity Futures Trading Commission (CFTC) has been investigating with Crypto trading and its BitMEX derivatives because of doubts about the Americans' use of the platform. According to sources quoting people familiar with the matter, speaking to Bloomberg, the CFTC suspects that BitMEX, registered in Seychelles, has allowed US residents to use its trading platform. Under current law, the United States is one of the countries excluded from using BitMEX and similar financial services based on digital currency, but users may have sought to circumvent geoblock using services such as VPN.…

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Bitcoin is the product of American creativity and must be supported. A member of Congress declares

Bitcoin is the product of American creativity and must be supported. A member of Congress declares

03:13 pm 2019-07-18

The US Congress's interest in the digital asset market, especially Bitcoin (BTC), was the highlight of the week, with many supporters and critics of the industry expressing their views. Patrick McHenry of North Carolina's 10th District, a Congressman who strongly supported BTC, who spoke for himself at the hearing, and with CNBC, also considered it. During an interview with CNBC, McHenry said regulators and politicians will come up with the idea of ​​using BTC for key long-term purposes. For his part, said Congressman: "There is no ability to kill Bitcoin now.This is not possible.Even the Chinese…

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