The Australian authorities managed to profit from Bitcoin funds that were confiscated in the framework of the illegal arms trade case. According to a report submitted by Australian law enforcement officials, Bitcoin funds were seized in 2016 when it was possible to prevent the conclusion of a transaction on the illegal transfer of weapons in exchange for a fee of 7,300 AUD or 5,000 USD. It was possible to gain access directly to cryptocurrency only in January last year. Over the past time, the BTC rate has grown significantly, as a result, the police turned out to be in the…
Author: BlockchainJournal
The People's Bank of China will be the first central bank in the world to issue a viable digital currency, while the Libra project from Facebook will fail. This opinion was expressed by Vice Chairman of the China Center for International Economic Exchanges (CCIEE) Huang Qifan, reports Pandaily. Speaking at the First Financial Summit in Shanghai, Huang Qifan emphasized that in the current digital era, methods of calculation between […]
The Bakkt cryptocurrency platform has announced the launch of an application with which consumers can pay at retail outlets, including the popular Starbucks coffee shop chain. A statement from Bakkt product director Mike Blandina said the application will launch in the first half of 2020, with Starbucks becoming the first connected partner. We want to share more about our strategy around unlocking […]
Representatives of the popular BlueWallet crypto-wallet announced a partnership with the non-custodian P2P exchange HodlHodl, which will provide support for BTC trading along with the ability to conduct transactions through the Lightning Network. This collaboration will allow users of the two services to conduct operations with cryptocurrency both within the network and through the Lightning Network. It is still unknown when exactly the release of the new functionality will take place, however, it is expected that this will happen at the end of this year or in the first two quarters of next year. The new functionality will not only…
5/5 (1 vote) A survey among 2068 Americans conducted by the Finder website showed that since 2018, the number of Americans owning cryptocurrencies has almost doubled. Finder researchers concluded that about 36.5 million people in the US own cryptocurrencies of some kind – on average, in the amount of $ 5447, while 75% of them make an average of only $ 360. The same survey showed that more than half of cryptocurrency owners store more than one cryptocurrency. 55.4% of Bitcoin owners (BTC) said they also have altcoins . As in previous Finder polls, there were almost twice as many…
5/5 (1 vote) Cryptocurrency is never boring, and over the past two days, Bitcoin (BTC) has once again proved this. The leader coin, whose price has consolidated around $ 8,000 since late September and then dropped to $ 7,300, made a bullish reversal, reaching $ 10,350 on Bitstamp in just one day. For many, this came as a surprise, as some analysts predicted Bitcoin another deadly cross, as a result of which the fall will continue to $ 6,000. At the time of writing, BTC was trading at around $ 9,640; price increases strengthened markets, resulting in a total market…
Jay Biancamano, director of digital product development at the custodial bank State Street, believes that tokenized assets are changing the model for creating an investment portfolio. During the recording of the podcast for The Scoop, Biancamano noted that the ability to tokenize assets will allow investors to easily include more liquid assets in their portfolio, we are talking about real estate, intellectual property, art. Currently, investor portfolios include stocks, bonds, and currencies. The representative of State Street believes that those who are one step ahead will be able to experience the benefits of interacting with tokenized assets. According to his…
Anthony Pompliano, co-founder of Morgan Creek Digital, said in a slightly sarcastic form on his Twitter blog that the PRC, in its desire to develop a digital financial system, could buy back 21 million Bitcoin-coins. On his blog, Pompliano turned to Donald Trump, saying that there are only 21 million BTC and China is going to buy them. If this happened, then according to the crypto enthusiast, a real competition would ensue between China and the USA. This would attract the attention of the American president. According to Pompliano, Trump does not like to lose and he would try to…
Following a recent speech by Chinese President Xi Jinping in support of blockchain technology, the number of WeChat searches for “bitcoin” has more than doubled. At the same time, the number of requests for the word "blockchain" increased by almost 12 times. WeChat searches (10/23/19): – 区块 链 (Blockchain): 777K – 比特 币 (Bitcoin): 572K WeChat searches (10/25/19): – 区块 链 (Blockchain): 9.2MM […]
5/5 (1 vote) The All-China Assembly of People's Representatives approved the law “On Cryptography”, which defines the official procedure for using encryption tools. According to observers, the new regulatory act may be one of the measures to prepare for the launch of the People’s Bank of China, which is being developed the national digital currency . The law enters into force on January 1, 2020. Primitive Crypto Founding Partner Davi Wang shared this on Twitter with a link to the official media: Last piece of China BREAKING News before bedtime – This time is DEFINITELY CRYPTO ??? A "Crypto Law"…