Cryptocurrency

China will trial its digital yuan with a mega food retailer, U.S. bills are seriously threatening online privacy and an a16z alum is launching a venture firm focused on distributed tech. Here’s the story: Trial PlanChina wants to trial its digital yuan with online food seller Meituan-Dianping as well as another two Tencent-backed companies. The Beijing-based company has held
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HDR Global Trading, parent company of derivatives trading platform BitMEX, has undergone a perhaps controversial rebranding. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests
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Hackers pumping a crypto giveaway scam appear to have compromised the Twitter accounts of leading exchanges, individuals and at least one news org. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating
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Switzerland’s licensed crypto-first bank SEBA and Corda-based Digital Asset Shared Ledger (DASL) announced a new partnership on Wednesday letting the bank offer asset securitization services on Corda’s public network. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial
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Twitter melted down Wednesday as the accounts of former President Barack Obama, presidential candidate and former Vice President Joe Biden, Kanye West, Elon Musk, prominent crypto Twitter figures, exchanges and others with verified accounts were hacked. Here’s a growing list of the victims: This is a developing story. Disclosure The leader in blockchain news, CoinDesk
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U.S. prosecutors indicated a Dutch national Thursday for allegedly spearheading a rape and child pornography website that’s made over $1.6 million worth of bitcoin selling videos since 2012. Known as “Michael R.M.,” and “Mr. Dark,” the man allegedly ran a site called “DarkScandals” that operated on the darknet, which requires special software to access, and
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Washington state resident Kenneth Warren Rhule has been charged with laundering over $140,000 in bitcoin after agents with Homeland Security Investigations (HSI) made a series of undercover cash-for-crypto deals with the 26-year-old. Rhule faces multiple counts of operating an unlicensed bitcoin money transmitter business and laundering monetary instruments after allegedly meeting with government agents “posing
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With assets from oil barrels to bitcoin being pulverized by the coronavirus slowdown, people worldwide are reevaluating their plans for crypto gatherings, especially in geographies where anti-COVID-19 measures are increasingly serious.  In Milan, Italy, which was officially placed in lockdown by the Italian government on Sunday, bitcoin entrepreneur and meetup organizer Mir Liponi is facing
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The fifth anti-money laundering directive (AMLD5) has unexpectedly increased institutional interest in cryptocurrencies, according to an executive at the crypto trading subsidiary of Boerse Stuttgart. Speaking at the CryptoCompare London conference Tuesday, Boerse Stuttgart’s chief digital officer, Dr. Ulli Spankowski, admitted he had been “surprised” by the positive effect 5AMLD had on attracting traditional financial
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