Philippines tasks group to explore central bank digital currency
The Philippine central bank has assembled a committee to research the feasibility of central bank digital currency as well as its policy implications.
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Struggling tZero lays off staff as key executives take pay cuts
CEO Saum Noursalehi confirms tZero has “significantly reduced [their] expenses. [tZero’s] run-rate on cash burn is down almost 45% year-over-year.”
US regulator wants closer look at Binance Chain transactions
The U.S. Securities and Exchange Commission has awarded a contract to CipherTrace as it gears up to investigate Binance.
PlusToken key execs among 109 arrested in China
27 individuals who played a major role and 82 key members of the PlusToken Ponzi Scheme have been arrested, bringing the pyramid scheme with allegedly 3,000 levels to an end.
Peter McCormack ordered to pay Craig Wright £18.5k as court rejects attempts to delay libel case
The first round in the Wright v McCormack libel bout appears to have gone to Craig Wright, as the U.K. High Court rejected attempts by McCormack to delay discovery.
The CoinGeek Pulse: Episode 6
Another busy week for the Bitcoin ecosystem kicked off with debate over the definition of Bitcoin in a court in Washington D.C.
Ledger wallet breach sees 1M customer data stolen
Ledger learned about the incident on July 14 when a researcher participating in its bounty program discovered the data breach.
HEX token scam ads claim 11,500% returns in 4 months
Digital currency project HEX claims to be the world’s first high-interest blockchain certificate of deposit.
Abra wants to be a digital currency bank
Digital currency investing platform Abra has announced that it would start offering interest-bearing accounts for six digital currencies.
LocalBitcoins adopts blockchain analytics for AML safeguards
A CipherTrace report indicated that LocalBitcoins received the most criminal funds—over 99%—in the first half of 2020.
Digital yen ‘now top priority’ for Bank of Japan
Bank of Japan has been experimenting with a central bank digital currency, although it is yet to officially develop a digital currency.
Why digital currency hedge funds should consider Bitcoin
Tetras Capital, the New-York based digital currency hedge fund with a “short Ethereum” thesis, is shutting down.
Bitcoin Association signs on Patrick Prinz to head Europe operations
Patrick Prinz will spearhead the growth of enterprise Bitcoin SV initiatives across Europe while also catering to the global operational needs of the Bitcoin Association.
Dragon SV Casino from BitBoss launches Bitcoin gambling on Android
Dragon BSV Casino has launched on Android devices, giving gamblers a whole new way of experiencing BSV gaming at home or on the go.
Mastercard exec implicated in illegal Wirecard transactions
The executive was allegedly involved in a sophisticated money laundering operation with links to disgraced payments firm Wirecard.
New South Wales proposes flexible regulation for blockchain
The reforms could contribute some A$4 billion to the local economy, reducing the costs of compliance across the sector by over 5%.
French prosecutors call for Alexander Vinnik trial
Prosecutors in Paris are petitioning to start the trial of digital currency money laundering suspect Alexander Vinnik.
BTC transaction fees up 60% since start of July 2020
The average BTC transaction fee is currently $2.521, a 60% increase from where it stood on July 1 ($1.515).
Over $20M from 2016 Bitfinex hack on the move
Digital currency tracker Whale Alerts has reported that $21,814,820 worth of stolen BTC from the 2016 Bitfinex hack is on the move.
US agencies seek digital currency experts
The Boston Fed’s job listing is the latest digital currency-related job offering to come from a government agency in the United States.