China Issues Digital Currency Guide for Party Cadres

Understanding a complex subject should be easier with access to educational materials. With blockchain and CBDC now part of Beijing’s political vocabulary, the Communist Party of China (CPC) has issued a guide to digital currencies meant to prepare party officials for upcoming changes in the country’s financial system. Also read: China Saw $11.4 Billion in Crypto-Based Capital Flight Last Year Handbook Educates Party Functionaries About the Impact of Digital Currencies “Digital Currency: A Reader for Cadres” is part of a series of guides on various current topics, from artificial intelligence…

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NBA Star Spencer Dinwiddie Just Tokenized His Own Contract

The news that Brooklyn Nets star Spencer Dinwiddie was to roll out an Ethereum-based investment vehicle for his own contract took the NBA and crypto communities by surprise. Disregarding an NBA threat to ban him from the professional basketball league, the 26-year-old point guard – who tellingly describes himself as “a tech guy with a jumper” on Twitter – launched his unique bond on January 13 with the aid of security token platform Securitize. Also read: Close to 11 Million BTC Haven’t Moved in Over a Year An Ambitious Leap…

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Booking.com-Partnered Travala Now Accepts Tether’s Controversial USDT

Crypto-friendly hotel booking service Travala now accepts payment in controversial stablecoin USDT. Crypto-friendly hotel booking giant Travala now accepts payment from a controversial cryptocurrency leader.    On Jan. 10, Travala announced that Tether (USDT) is now a valid form of payment at its two million linked properties. Travala CEO Matt Luczynski said: “Part of our mission is to provide our users with a wide choice of the most well known and used cryptocurrencies so it made perfect sense for us to integrate USDT as a payment option on Travala.com.” In addition…

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Asset Manager WisdomTree Hopes to Launch a Stablecoin in the US

Asset manager WisdomTree intends to launch a regulated stablecoin in the United States. Asset manager WisdomTree intends to launch a regulated stablecoin in the United States, financial news outlet FNLondon reported on Jan. 13. Per the report, WisdomTree is looking to deploy a digital currency backed to a basket of assets such as gold, fiat currencies or government debt. The firm also intends to obtain approval by the U.S. Securities and Exchange Commission (SEC) for its project. The news follows a recent announcement that WisdomTree invested in a startup called…

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From Meatspace to Cyberspace: Top Execs Moving From Traditional to Crypto Jobs in 2019

Prices moved up and back down, yet the talent kept coming to work: Let’s take a look at a list of individuals who abandoned legacy industries and ventured into blockchain in 2019. Prominent figures from a range of long-established companies found greener pastures in the blockchain realm in 2019. From BlackRock to Goldman Sachs, and from HSBC to the SEC, traditional industries saw some of their top personnel leave for new prospects in cryptocurrency over the past year.  Early 2019 Frigid winter conditions in the crypto market failed to dissuade…

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Online Bullion Marketplace Onegold Sees $50 Million in Crypto Payments

On January 13, the online bullion marketplace Onegold announced the launch of a new mobile application so customers can buy, sell or redeem precious metals at any time. Since 2018, Onegold has accepted cryptocurrencies like BCH and BTC and the firm currently gives customers a 2% discount for paying with cryptocurrencies. According to Bitpay, Onegold has seen $50 million worth of crypto payments since supporting digital assets, which represents 10% of the firm’s yearly revenue. Also Read: Close to 11 Million BTC Haven’t Moved in Over a Year Onegold Sees…

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Telegram Will Release Bank Records to SEC in Ongoing Gram ICO Case

Per today’s filings, Telegram will provide the requested bank records that the SEC believes will be evidence of rule-breaking in its $1.7 billion offering of Gram tokens. Telegram will release bank records that the United States Securities Exchange Commission believes will prove misconduct in the latter’s $1.7 billion offering of Gram tokens.  International privacy laws and the new information Per a Jan. 13 filing with the court of the Southern District of New York (SDNY), Telegram will have until Feb. 26 to provide the court with the bank records that…

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Power Ledger Integrates Blockchain-Based Energy Auditing in Solar Power Asset

Australia-based blockchain energy firm Power Ledger has purchased a 250 kW photovoltaic system that will use a blockchain-based data management and settlement system. Australia-based blockchain energy firm Power Ledger has purchased a 250 kilowatt (kW) photovoltaic system that will utilize a blockchain-based data management and settlement system. Per a press release shared with Cointelegraph on Jan. 13, Power Ledger purchased the system from Perdaman Advanced Energy, an Australian firm that provides clean energy consulting and project development. The new system will be located in Maddington and integrate a Power Purchase…

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SEC Requests Telegram Banking Data as New Evidence Emerges

The SEC is renewing its request for Telegram’s bank records in connection to a 2018 ICO as evidence of commission-driven sale of tokens by third parties emerges. The Securities and Exchange Commission is once again requesting that Telegram provide bank records on its Gram initial coin offering (ICO).  The timing of the request, filed on Jan. 10, coincides with new evidence of alleged underwriters requesting commission fees for the sale of Telegram tokens. The reappearance of an earlier request The request for banking data comes four days after a similar…

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Do CoinJoins Really Require Equal Transaction Amounts for Privacy? Part One: CashFusion

Although Satoshi Nakamoto’s white paper suggests that privacy was a design goal of the Bitcoin protocol, blockchain analysis can often break users’ privacy. This is a problem. Bitcoin users might not necessarily want the world to know where they spend their money, what they earn or how much they own, while businesses may not want to leak transaction details to competitors — to name some examples. But there are solutions to regain privacy, like CoinJoin. Some of the most popular mixing solutions available today use this trick, including Wasabi Wallet…

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