US State Seeks to Confiscate $24 Million in Dark Web Bitcoin

The U.S. government is seeking to forfeit 4,000 bitcoins that were seized during a crackdown of vendors on darkweb marketplaces - an amount that worth over $24 million as of...
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Hong Kong Seeks to Widen DLT Use in Trade Finance

Hong Kong Monetary Authority (HKMA), the city's de facto central bank, is planning to work with regulators in Abu Dhabi to develop a cross-border trade finance system that is built...
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FOMO for Dogecon: What You Missed At the Gathering of the 'Shibes'











Admit it: you wish you were there. Dance parties, rap shows, puppy parades – you name it, Dogecon had it. And, perhaps more importantly, what this untraditional gathering of the...
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Japan's Finance Minister Balks at Changing Crypto Tax Rules

Japan's top financial official is cautious about the idea of his nation changing how it taxes gains from cryptocurrencies. During a meeting with the budget committee of the Upper House...
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US Senators Discuss Crypto Threat to Domestic Elections

Cryptocurrencies are "tailor-made" for foreign powers hoping to influence American elections, a security consultant told a group of U.S. senators on Tuesday. Scott Dueweke, director of threat analysis company DarkTower,...
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Stellar to acquire crypto firm Chain for $500m


Cryptographic ledger company Chain is in the process of being acquired by blockchain technology platform  Stellar , reports  Julie Muhn  at  Finovate . Stellar, which is also the creator of...
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Facebook Relaxes Ban, Accepts Some Crypto Ads

Facebook is easing its ban – sort of – on ads related to cryptocurrency. The social media giant has launched a "cryptocurrency products and services onboarding request" form that will...
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Florida Is Creating Its Own Crypto Czar

Florida is set to have its own cryptocurrency czar. The Sunshine State's chief financial officer, Jimmy Patronis, said in a statement  Tuesday that he has created a new position to...
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Korea's Exchange Hacks: What the Country's Crypto Scene Is Saying








The past two weeks have seen two South Korean exchanges get attacked and robbed, sparking commentary and critique among the country's local cryptocurrency community. It began with the Coinrail hack...
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Congress Advances Bill to Study Crypto Use in Drug, Sex Trafficking

Lawmakers in the U.S. House of Representatives have passed a bill that, if signed into law, would approve a study of the use of cryptocurrencies in the sex and drug...
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Overwinter Is Here: Zcash Claims 'Successful' First Hard Fork

Privacy-focused cryptocurrency zcash executed its first and long-awaited hard fork on Tuesday morning. Called Overwinter, the upgrade was activated at 00:42 UTC on June 26 – the moment the network mined block...
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PBoC Filings Reveal Big Picture for Planned Digital Currency

The Digital Currency Research Lab at the People's Bank of China has filed more than 40 patent applications so far – all as part of an aim to create a...
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Privacy Is Vital to Crypto – And the Global Economy

Michael J. Casey is the chairman of CoinDesk's advisory board and a senior advisor for blockchain research at MIT's Digital Currency Initiative. The following article originally appeared in  CoinDesk Weekly...
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2 APAC Nations Have Ruled Out Central Bank Digital Currencies

Australia and New Zealand have both just ruled out the option of pursuing a central bank digital currency (CBDCs) – at least for now. In a speech on Tuesday, Tony Richards, head...
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Bitcoin Price Building Relief Rally, But Resistance Hurdles Await


Bitcoin (BTC) narrowly missed scaling a key resistance level on Monday, but remains on the hunt for a corrective rally, the technical studies indicate. The cryptocurrency flashed signs of bearish...
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A New Business Model Is Shaking Up the Crypto Exchange Rankings

The recently introduced "trans-fee mining" revenue model is starting to change the cryptocurrency exchange landscape, despite some criticism of the method from industry insiders. According to  CoinMarketCap , two exchanges...
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Banks Are Trying to Launch Crypto Assets with R3 Tech

It may have seemed unthinkable four years ago, but crypto tokens might be coming to R3's Corda. Revealed exclusively to CoinDesk, Cordite, an open-source community that's independent from R3, but...
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Exchange Leak Puts $620K-Worth of Customer Crypto at Risk

A South Korea-based exchange has inadvertently leaked sensitive information about 19 of its users, potentially putting some $620,000 worth of cryptocurrency at risk. According to a report from CoinDesk Korea...
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Bitcoin Miner BTCC to Sell Stake in Pool for $17 Million

BTCC Pool Limited, the mining pool business of cryptocurrency exchange BTCC, has provisionally agreed to sell 49 percent of its equity. According to a memorandum of understanding (MOU) published on Monday...
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How Commerzbank Is Throwing Out the Business Blockchain Playbook

With a plethora of business blockchains vying for prominence, banks are under increasing pressure to pick a winner – after all, without network effects, surely the benefits would be lost?...
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