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Bitcoin Plunged Below $8,000 for First Time since June, Where Will It Go

Sep 25, 2019

On the early morning of September 25, the price of bitcoin plunged nearly $2,000 from its long-standing support around $10,000 in just over an hour, hitting an intraday low of around $7,700, its lowest level since mid-June. Led by the plunge of bitcoin, mainstream cryptocurrencies also suffer...

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25,000 Points of Sale in France to Accept Bitcoin Payments

Sep 25, 2019

More than 25,000 points of sale in France will soon be able to accept bitcoin payments through applications provided by Global P.O.S., a retail software provider, according to a press release from the company. To enable the payment option, Global P.O.S. is leveraging their Easy2P...

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Bakkt Opens Bitcoin Futures Trading, Clocks 29 Contracts in First 12 Hours

Sep 24, 2019

The wait is over, folks. Bakkt’s bitcoin futures trading is officially live. Trading for the Intercontinental Exchange’s (ICE) Bakkt bitcoin futures product launched on September 22, 2019, at 8:00 p.m. EST. As of this writing, 57 monthly futures contracts (1 contract = 1 bitcoin...

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Discovering Bitcoin Part 1: About Time

Sep 23, 2019

As anticipated in the introduction to this series, we will start exploring the period of monetary (pseudo)history prior to fiat money, which we call “Plan A,” focusing on the topic of time and on the question “When?” There won’t be much cryptography or computer science in what follows: I...

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Crypto Exchange Binance to Offer OTC Trading Supporting Chinese Yuan in a Month

Sep 20, 2019

Cryptocurrency exchange Binance is planning to roll out over-the-counter (OTC) trading for Chinese yuan to its platform in a month, says its cofounder and CMO He Yi. He Yi announced the news at a media session on September 17 during the Shanghai Blockchain Week, saying that the e...

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Copycat Crypto Exchange Lures Chinese Stockholders to Invest in Crypto

Sep 20, 2019

Chinese bogus crypto exchanges now eye on ordinary stockholders. Unlike air coins and Ponzi schemes, scammers are now aiming at the ordinary group of shareholders. Some copycat crypto exchanges emerge in China, swindling investors out of millions of Chinese yuan. Those bogus platforms...

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EOS.io Users Targeted By Phishing Attack with 14,600 EOS Already Hacked

Sep 20, 2019

EOS.io users have recently found themselves the target of a phishing campaign. Hundreds of people have reportedly fallen into victims with more than 14,600 EOS lost. The hacker redirected users to a phishing site by sending tiny amounts of tokens to EOS holders’ addresses that contain...

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September Births More “Ethereum Killer” Blockchains

Sep 20, 2019

About half (49%) of the Ethereum network hash rate is now signaling to raise the gas limit even as the news of three major "Ethereum Killer" blockchains rolls out. The gas limit raise could see the network's capacity increase though with some trade-offs which include blocks being have to be va...

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Former Architect of China’s Central Bank Digital Currency: Cryptocurrency Has Already Had the Potential to Become Real Money

Sep 18, 2019

Yao Qian, general manager at China Securities Depository and Clearing Corporation Limited (CSDC) and former director of the PBoC’s Digital Currency Research Institute, said that cryptocurrency has already had the potential to become real money as it’s correcting the fundamental ...

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Analysis: Chinese Crypto Exchanges’ Financial Products

Sep 18, 2019

Financial products of the major crypto exchange in China are focusing on depositing crypto to generate interest, and the interest comes from the income of leverage trading is lower than the average level; Crypto wallet is the most used access to provide financial products, involving deposit, Sta...