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Bitcoin
Hacker Selling 1 Billion Chinese Citizens’ Data for 10 BTC, Zuckerberg’s Meta Ends Novi Project, and…
In this week’s bite-sized digest of the hottest stories from Bitcoin.com News, a hacker claims to have stolen a massive amount of Chinese citizens’ personal data from Shanghai police, and now wants to sell it for ten bitcoins.…
LYO Credit (LYO) Is Now Available for Trading on LBank Exchange
PRESS RELEASE. INTERNET CITY, DUBAI, Jul. 10, 2022 – LBank Exchange, a global digital asset trading platform, has listed LYO Credit (LYO) on July 7, 2022. For all users of LBank Exchange, the LYO/USDT trading pair is now officially…
Kenya Has Highest Proportion of Crypto Owning Citizens in Africa UNCTAD Data Shows
The latest data from the United Nations Conference on Trade and Development (UNCTAD) suggest that Kenya has the highest proportion of crypto-owning inhabitants than any other African country. To counter the growing use of cryptocurrencies,…
Bitcoin’s ‘Fundamental Value Is Not in Line With Market Price’ — Crypto Miner
Profitable bitcoin mining is essentially a result of an efficient and highly skilled team of professionals that can maintain runtime, a founder of a Bitcoin mining company has asserted. Therefore, even when the price is hovering around…
Crypto Payments Are Acceptable in Foreign Trade, Russia’s Financial Watchdog Says
Russian financial watchdog Rosfinmonitoring is ready to accept the use of cryptocurrencies in international settlements, the head of the agency, Yuri Chikhanchin, has indicated. The statement adds to growing support for the legalization of…
Fed’s Brainard Calls for Sound Regulation of Crypto Financial System to Be Established ‘Now’
Federal Reserve Vice Chair Lael Brainard has stressed the importance of establishing sound regulation for the crypto financial system “now before the crypto ecosystem becomes so large or interconnected that it might pose risks to the…
Fidelity Analyst: Bitcoin Is Cheap — Ethereum Could Be Near Bottom
Fidelity’s director of Global Macro has shared his bitcoin and ether price outlook. His analysis shows that bitcoin is cheap but ether could be even cheaper. “Ethereum could be close to a bottom,” he added.…
US Treasury Delivers Crypto Framework to Biden as Directed in Executive Order
The U.S. Treasury Department has delivered a framework for crypto assets to President Joe Biden, fulfilling its obligation as directed in the executive order on crypto that the president issued in March.
U.S. Treasury Secretary Delivers…
Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the…
On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation caused “no losses to Tether.” According to the…
Iranian Power Utility Tavanir Vows Severe Measures Against Unlicensed Crypto Miners
Iran’s state-owned power distribution company, Tavanir, has threatened harsher measures to discourage unauthorized crypto mining. These include much higher fines for those minting digital currencies with subsidized electricity and…