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Spotify Looking for Associate Director to Lead Activity on Libra Project, Other Crypto Efforts – CoinDesk

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The world’s largest music streaming service is on the hunt for a new associate director to lead its activity within the Libra stablecoin project, recently rebranded to Diem. According to an announcement, Spotify is looking for an associate director to Read More

Blockchain Bites: Bitcoin’s Edge as a Hedge and Crypto’s Reaction to the STABLE Act – CoinDesk

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At stake Destabilizing Act?Crypto Twitter, like the U.S. Congress, is largely divided between warring factions and in-groups. But for once it looks unified. All it took was a proposed bill to further regulate stablecoin issuers, the so-called STABLE Act. The Read More

Ukraine’s Draft Crypto Bill Passes First Parliamentary Hearing – CoinDesk

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Ukraine’s legislative effort to bring in cryptocurrency regulation has had a successful first hearing in the nation’s parliament, the Verkhovna Rada. After being discussed and given the initial thumbs up by lawmakers Wednesday, the Draft Bill on Virtual Assets now Read More

Australian Crypto Exchange Exposes Personal Data of 270K Users – CoinDesk Australian Crypto Exchange BTC Markets Exposes Personal Data of 270K Users

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BTC Markets, one of Australia’s biggest cryptocurrency exchanges, has accidentally exposed users’ personal data, raising the risk of phishing attacks. As reported by Business Insider Australia on Wednesday, the exchange revealed the names and email addresses of over 270,000 users Read More

CEO of World’s Largest Asset Manager Says Bitcoin Can Possibly ‘Evolve’ Into Global Asset – CoinDesk

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The head of the world’s largest asset manager has provided a somewhat bullish take on the world’s first cryptocurrency. According to a report by CNBC on Tuesday, CEO of BlackRock Larry Fink said bitcoin has “caught the attention” of many Read More

Experts: Privacy Concerns Over Bitcoin Upgrade Taproot a ‘Non-Issue’ – CoinDesk

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Bitcoin privacy experts are far from impressed with a recently circling slideshow-style privacy report that puts Taproot, a likely upcoming upgrade to Bitcoin, in the crosshairs.  The Taproot upgrade will boost Bitcoin’s privacy and scalability. The years-in-the-making upgrade has been Read More

Missed the Bitcoin Rally? Here’s an Investment Strategy to Ride the Bull Market While Reducing Your Risk – CoinDesk

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Bitcoin has come a long way since bottoming out below $4,000 in March. The cryptocurrency clocked a record high above $19,900 early Tuesday and is up nearly 170% this year. While institutional participation has increased, a large part of the Read More

Hive Reports $7.4M Q2 Profit as Lower Costs More Than Offset ‘Big Spend’ on Expansion – CoinDesk

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Publicly traded mining company Hive Blockchain (HVBTF) reported a Q2 profit even as the firm continued its “big spend” on upgrading its mining facilities.  Hive took in $13 million in quarterly mining revenue, according to its Q2 earnings report Tuesday, Read More

Ethereum 2.0 Beacon Chain Goes Live as ‘World Computer’ Begins Long-Awaited Overhaul – CoinDesk

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Serenity is knocking. The first stage of the next-generation proof-of-stake (PoS) Ethereum 2.0 is now live as of 12:00 UTC Tuesday, according to Beaconcha.in. A generalized blockchain for decentralizing computer-based applications – from iPhone games to government bonds – Eth Read More

Bitcoin Exchange Backed by Pomp, Song and Woo Removes Trading Fees to Contend With Coinbase, Gemini – CoinDesk

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Upstart crypto exchange LVL wants to take on U.S. giants Coinbase and Gemini by removing trading fees. Announced today, LVL (pronounced “level,” as in playing field) is making its entire service free to use. LVL, which is backed by Morgan Read More

Coronavirus-Induced Poverty Will Bring More Bitcoin Crime in 2021: Kaspersky Report – CoinDesk

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Cybersecurity specialist Kaspersky foresees a rise in crypto crime ahead, as the COVID-19 epidemic hits national economies. In a report on financial threats for 2021, based on data and patterns from this year, the company said Monday that attacks aimed Read More