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Monthly Archives: October 2020

Bitcoin Launderer Alexander Vinnik Faces up to Ten Years in Prison

A court in Paris has begun hearing the trial against Alexander Vinnik, russian man alleged to have used ransomware in a 135 million euros ($157 million) bitcoin fraud. Alexander Vinnik faces up to ten years in prison at his Paris trial over charges of extortion, money laundering and criminal association. […]

October 23, 2020

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PayPal to Add Cryptocurrencies as Payment Options

The payment giant PayPal will allow users to buy and sell Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC), as well as store crypto in the built-in e-wallet. PayPal customers will also be able to use cryptocurrencies to shop at the 26 million merchants starting from early 2021. […]

October 23, 2020

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FC Zenit St. Petersburg Releases Blockchain Collectible Cards

The player cards can be traded with other managers, players can play games moment they have a minimum of 5 cards. The score of each player card is linked to their actual performance in the football league tables. Sorare platform aims to create a global fantasy soccer blockchain game featuring […]

October 19, 2020

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Tesla to Start Exporting Chinese-made Model 3s to Europe

Tesla Inc. will start exporting Model 3 sedans, manufactured at its Shanghai-based factory to Europe from later this month, according to the automaker’s statement made via its official WeChat account. Chinese-built vehicles will be exported to more than 10 countries, including France, Germany, and Switzerland. “The export of China-built Tesla […]

October 19, 2020

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US to Legalise Blockchain-based Digital Signatures

Republican Congressman David Schweikert has introduced to the Committee on Energy and Commerce a bill proposing to recognize blockchain-powered digital signatures as enforceable by law. If thenew bill is approved the adage “code is law” turns into a statutory reality. This bill is positive ptep towards the enforceability of smart […]

October 18, 2020

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John McAfee Arrested for Tax Evasion in Spain

The tech guru and CEO of MGT Capital Investments John McAfee, who had been indicted for tax evasion in the US, was arrested by Spanish police while boarding a flight from Barcelona to Istanbul. He is currently in custody and his extradition is pending. In June 15, 2020, the entrepreneur […]

October 18, 2020

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Chinese Promotion of Crypto Causes Spike in Bitcoin Addresses

Launched by Chinese government “coordinated marketing campaign” to support crypto may lead to massive spike in new Bitcoin addresses. “Last week the Chinese government began a coordinated marketing campaign to focus Chinese retail investor psyche on crypto. Yes, this is really happening,” tweeted analyst Cole Garner. The media campaign refers […]

October 18, 2020

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UK’s Financial Watchdog Restricts Sale of Cryptocurrency Derivatives

United Kingdom’s financial watchdog the Financial Conduct Authority (FCA) has banned the sale to retail consumers of derivatives and exchange-traded index bonds (ETNs), which are based on certain types of cryptocurrency assets. “FCA believes that these products are not suitable for retail consumers because of the damage they bring with […]

October 18, 2020

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Apple to Launch iPhone 12 on October 13

Apple will introduce the iPhone 12 at Apple’s fall “Hi, Speed” event that will take place on Tuesday, October 13 at 10am PDT. The company send out iPhone 12 launch invitation late on 6 October, giving the world’s press a week to prepare for the event.  Due to the COVID-19 […]

October 18, 2020

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Crypto Exchange Coincheck Teams Up with CryptoKitties

Major Japanese crypto exchange Coincheck has teamed up with CryptoKitties creator Dapper Labs for expanding its push into non-fungible tokens (NFTs). The cryptocurrency exchange intends to integrate the CryptoKitties app into its upcoming NFT marketplace. In addition, the exchange is exploring the possibility to implement the Dapper Labs’ Flow blockchain, which is […]

October 18, 2020

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