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  • Bitcoin Ransomware Attack in Argentina Encrypts a Decade's Worth of Government FilesRelated
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    Bitcoin Ransomware Attack in Argentina Encrypts a Decade’s Worth of Government FilesRelated Arti

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    A bitcoin ransomware attack has recently hit a data center in Argentina that houses local government files, and managed to encrypt a decade’s worth of data that has been started to be decrypted. According to an interview by the country’s Minister of Science and Technology Alicia Bañuelos with the local news outlet Agencia de Noticias de San Luis, a total of 7,700 GB worth of data were originally encrypted, but so far around 90% of that…
  • China’s Central Bank to Test Its Digital Currency With Commercial Banks, Telecom Firms: RepotRelated

    China’s Central Bank to Test Its Digital Currency With Commercial Banks, Telecom Firms: RepotRelated

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    The People’s Bank of China (PBoC), China’s central bank, is reportedly looking to test its digital currency, dubbed digital currency electronic payment (DCEP), later this year with the help of commercial banks and telecommunications firms. According to a report published by Chinese financial news source Caijing, the central bank is set to test the digital yuan in the cities of Shenzhen and Suzhou with the help of its “big four,” which are the Bank of China,…
  • SBI Holdings Considering XRP Shareholder Benefit ProgramRelated
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    SBI Holdings Considering XRP Shareholder Benefit ProgramRelated Articles

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    Japanese financial services group SBI Holdings is considering paying shareholder dividends in XRP.  Earlier in the year MorningStar Japan, a subsidiary of SBI, began offering shareholders the option of receiving dividends in XRP. Now the Tokyo-based parent company is considering doing the same in an effort to boost adoption for cryptocurrency.  According to a report by CoinTelegraph Japan, SBI CEO Yoshitaka Kitao said the financial services group is open to the possibility of an XRP shareholder…
  • Latest Crypto Tax Guidance Shows IRS Still ConfusedRelated
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    Latest Crypto Tax Guidance Shows IRS Still ConfusedRelated Articles

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    Written by Robin Singh, a cryptocurrency tax consultant based in the UK. He is the founder of Koinly.io - a cryptocurrency tax solution that automates capital gains reporting. He is a former Fintech engineer with a knack for numbers. Besides being a crypto enthusiast, he is also a passionate gamer and can be found in Orgrimmar when not at his desk. After years of silence, the IRS finally released an update to their 2014 cryptocurrency tax guidelines…
  • Ripple Invests Another $20 Million in XRP User MoneyGramRelated
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    Ripple Invests Another $20 Million in XRP User MoneyGramRelated Articles

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    MoneyGram International ("MoneyGram"), one of the world's largest money transfer companies, says that Californian FinTech firm Ripple has made another $20 million investment in MoneyGram equity to help MoneyGram continue increasing the volume and use of Ripple's XRP-powered product "On-Demand Liquidity" (ODL). Ripple announced on June 17 that it had entered into a strategic partnership with MoneyGram. According to the terms of this deal, Ripple would make an initial investment of $30 million in MoneyGram by acquiring shares at a price of $4.10 per…
  • Bitcoin Bounces off $6,575 As Bargain Hunters Start BuyingRelated
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    Bitcoin Bounces off $6,575 As Bargain Hunters Start BuyingRelated Articles

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    After the Bitcoin price reached $6,575 at 05:00 UTC on Monday (November 25) -- a level last seen back on May 10 -- it seems that bargain hunters moved in to grab some cheap BTC, helping Bitcoin to bounce of this new "floor" and surge over 11% in less than 12 hours. By 16:00 UTC on November 25, Bitcoin was trading around $7,327. Since then, it has retraced to $7,169, as we can see in the…
  • Bitcoin Core Update Makes Bech32 the Default Address FormatRelated
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    Bitcoin Core Update Makes Bech32 the Default Address FormatRelated Articles

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    The latest update to Bitcoin Core, the "open-source software that serves as a Bitcoin node", includes improvements to network and transaction efficiency while making the "bech32" format the new default.  According to a report in Bitcoin Magazine by Wladimir J. van der Laan, the lead mainainer of Bitcoin Core, the 0.19.0 update (which was released on November 24) to Bitcoin Core includes contributions from over 100 Bitcoin developers over a six month period. The new update includes several performance upgrades and…
  • Thai SEC Intends to Amend Crypto Laws to Foster Greater InnovationRelated
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    Thai SEC Intends to Amend Crypto Laws to Foster Greater InnovationRelated Articles

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    Thailand’s Securities and Exchange Commission (SEC) reportedly intends to amend its digital asset business regulations in 2020 to make the laws more favorable towards crypto-assets.  According to a report by local news outlet Bangkok Post, the Thai SEC is planning a series of sweeping amendments to its digital asset business regulations next year in order to facilitate the growth of digital assets while “protecting investors from unnecessary risk.” SEC secretary-general Ruenvadee Suwanmongkol told the press: "The…
  • China's Dive Into Blockchain, Digital ID Spurs Rest of World to Action

    China’s Dive Into Blockchain, Digital ID Spurs Rest of World to Action

    News Research
    12 HOURS AGO By Elena Perez China's Dive Into Blockchain, Digital ID Spurs Rest of World to Action Identity digitalization: How China is taking major steps to use blockchain in the government sector. How is China implementing blockchain in the public sector and will it be a blockchain-driven country of the future? 2997 Total views 224 Total shares Analysis News on crypto and blockchain technology is coming in abundance from China. This became especially true in…
  • The Quest for a Pan-European Approach to Cryptocurrency

    The Quest for a Pan-European Approach to Cryptocurrency

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    20 HOURS AGO By Robert Dykes The Quest for a Pan-European Approach to Cryptocurrency The EU has the potential to become the leader of crypto legislation, guiding other countries in the direction of legal regulation. Will the European Union lead other countries in legal approaches to crypto asset legislation? 1663 Total views 136 Total shares Opinion Part of the appeal of digital currencies is their global nature. Since the vast majority of digital currencies are not…