Crypto ‘not protected by law,’ rules provincial high court in China
A provincial high court ruling in China has set a potential precedent by declining to protect a plaintiff’s $10,000 worth of lost crypto tokens. Go to Source Powered by WPeMatico
DIGIT
Google bans 8 ‘deceptive’ crypto apps from Play Store
A Trend Micro report claims that over 120 fake crypto-focused apps are still operational on the Play Store, some exceeding over 100,000 downloads. Go to Source Powered by WPeMatico
81% of finance execs say blockchain has gone mainstream: Survey
Despite the finance service industry being bullish on blockchain and crypto, respondents still outlined cybersecurity as the greatest hurdle to mainstream adoption. Go to Source Powered by WPeMatico
$50K BTC price vs. the Fed — 5 things to watch in Bitcoin this week
A major Bitcoin price milestone returns, but its staying power may see some serious tests in the coming week. Go to Source Powered by WPeMatico
Coinbase warns infrastructure bill’s crypto provisions could impact 20% of US population
Coinbase’s global tax VP has slammed Congress for the controversial crypto tax provisions rushed into the infrastructure deal, warning the bill could impact 60 million Americans. Go to Source Powered by WPeMatico
Congress has put forward 18 bills on digital assets in 2021 so far
Former FDIC regulator, Jason Brett, argues that U.S. lawmakers have pivoted away from private stablecoins to focus on regulating decentralized digital assets this year. Go to Source Powered by WPeMatico
Bitcoin price tags $50K for first time since May
Since plunging to the $29,000 range in late June, Bitcoin’s price has recovered more than 72%. Go to Source Powered by WPeMatico
Publicly-backed XREX raises $17M to solve dollar liquidity issues through blockchain
Blockchain technology is being posited as a potential solution to U.S. dollar liquidity issues in emerging markets. Go to Source Powered by WPeMatico
Derivatives data shows pro traders turning bullish on EOS price
Retail traders turned their backs on EOS, but derivatives data shows pro traders maintaining a bullish perspective for the short-term. Go to Source Powered by WPeMatico
PayPal launches crypto services for UK customers
PayPal customers with verified identities will soon have access to crypto trading. However, crypto transactions for PayPal business accounts aren’t yet supported. Go to Source Powered by WPeMatico
