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Bitcoin genesis block is the ‘New Testament’ of finance 9 minutes ago No need to suffer from centralized systems since the world has been offered its greatest weapon against it: cryptocurrency. 49 Total views 1 Total shares Listen to article Opinion “Fiat lux”, said God, having created heaven and earth, which was filled with darkness.
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Editor’s note Blockchain technology has attracted regulatory attention since its inception. The security of the Bitcoin network despite the value of BTC in play has consistently proved the resilience of blockchain technology in maintaining records across a vast range of parties. However, many countries have determined that Bitcoin doesn’t behave as a currency at all,
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The cryptocurrency market might have had a horrid time over the past few weeks, but things have changed this week. Much of the reversal in fortunes is possibly tied to the upcoming Bitcoin halvening event. Why the Sudden Jump? The world’s biggest cryptocurrency by market cap has been in the doldrums due to the coronavirus-induced
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Chicago Mercantile Exchange’s cash-settled Bitcoin (BTC) futures trading products “contribute more to price discovery than its related spot markets,” according to findings in a new report by investment firm Wilshire Phoenix. The increasing volumes of crypto derivative products highlight greater participation from institutional investors and this will likely be positive for the entire crypto space.
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The founder of major global cryptocurrency exchange OKEx has been reportedly questioned by authorities previous to OKEx suspending cryptocurrency withdrawals. OKEx founder Mingxing Xu, also known as Star Xu, has reportedly been questioned by the police, Chinese news agency Caixin reported on Oct. 16. According to the report, the exec was investigated “at least a
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The New York Department of Financial Services (NYDFS) has released a lengthy report analyzing the impact of July’s high-profile Twitter hack, which resulted in the theft of over $118,000 worth of Bitcoin (BTC).  Far beyond the immediate material impact, the NYDFS states that the incident exposed the deep cybersecurity weaknesses of a publicly-traded social media company valued
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As protests surge through Nigeria in response to police brutality, one enclave of protestors has turned to bitcoin as a financial lifeline during turbulent times.  The Feminist Coalition’s bank account was shuttered this month after its involvement in the End SARS protests came to light, according to a person familiar but unaffiliated with the group
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A new form of crypto-agriculture appears to be taking shape, with Reddit’s “community points” tokens facilitating the emergence of spam-farming. Reddit’s community points are given to users based on their activity within a given subreddit, with the feature currently activated for the platform’s cryptocurrency and Fortnite communities as ERC-20 tokens dubbed Moons and Bricks respectively.
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A shariah compliance expert, the current chairman of the Shariah Advisory Council at Malaysia’s central bank and a shariah board member at many financial companies, says that cryptocurrency is a legit commodity that can be exchanged. Cryptocurrency and Shariah Compliance Cryptocurrency adoption and investments remain low in Muslim countries as people are still unsure of
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