India's reserve bank governor has revealed that it could begin testing its Central Bank Digital Currency sometime in December. It could still take several years for a CBDC to become widespread though.
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Poly Network, the crypto platform that was recently hacked and had millions in cryptocurrencies stolen, has confirmed that it has received all the money back from the hacker and is restoring service.
PayPal has expanded its cryptocurrency service to users in the UK. With the new service, people will be able to buy Bitcoin, Ethereum, Litecoin, or Bitcoin Cash for as little as £1.
Binance has been ordered by the UK High Court of Justice to identify hackers who stole $2.6 million from Fetch.ai. Once found, the court said Binance has to freeze the account of those responsible.
PSG has announced today that some part of the payment package for the club's newly signed Lionel Messi will consist of digital Fan Tokens ($PSG). These tokens give the owner some influence over clubs.
Venmo has launched a new feature for credit card customers called Cash Back to Crypto. Any cash back that's received from purchases on the card can automatically be used to buy several cryptos.
Accountants and financial advisors have warned that people may unknowingly be accruing high capital gains tax bills by using crypto-based debit and credit cards to make purchases in stores.
Ethereum has completed a network upgrade called London. The London upgrade should stabilise transaction fees on the network. In the past they have fluctuated wildly to become expensive at times.
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The insolvency firm Begbies Treynor has warned governments could miss out on huge sums of tax if they do not get to grips with cryptocurrencies and put regulations and tax measures in place.
Chia cryptocurrency farming is not a long-term profitable venture, finds a study conducted by Backblaze. The company has run a cost-benefit analysis of the coin to reach this conclusion.
Sir Tim Berners-Lee, the inventor of the Web, has decided that he'll put his magnificent creation up for sale in the form of an NFT. The NFT will contain the source code, among other things.
A farmer from the UK has started using the waste produced from his farm's cows to mine Ethereum cryptocurrency using GPU mining rigs. What's more, the business appears to be growing.
El Salvador's President Nayib Bukele has announced plans to make Bitcoin legal tender of the country. At 39 he is the youngest president in Latin America and is known to break from norms.
The Norton 360 antivirus program is getting a feature that would allow users to mine Ethereum cryptocurrency within the application itself. It also features a cloud-based coin storage wallet.
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The UK's Advertising Standard Authority has banned some Luno bitcoin ads from London's transport network for failing to warn users that bitcoin is not regulated and that they could lose money.
The end of 2020 saw a rise in the prices of cryptocurrencies which caused a rise in mining. However, if you are still not sure about mining then you can check out our guide to set up a mining rig.
Samsung has announced that its Galaxy smartphones can now connect to hardware cryptocurrency wallets like the Ledger Nano S to manage and use currencies on these cold storage devices.
Tesla has stopped accepting bitcoin as payment for its cars out of concern that it will contribute to greater consumption of fossil fuels, according to a statement by CEO Elon Musk.
Reports suggest President Biden will increase the capital gains tax to 39.6%. This has sent the price of bitcoin and other cryptocurrencies tumbling but it's too early to say what will happen next.
PayPal has announced that Venmo users can now buy, hold, and sell cryptocurrency directly in the Venmo app. PayPal itself started supporting the new currency type at the end of March.
To celebrate #DogeDay, Newegg, which is one of the largest e-tailers for electronics and general goods, has announced that Dogecoin will now be an accepted method of payment on its platform.
New Chia cryptocurrency is based on a mechanism that utilizes unused disk space for mining. This has led to massive price hikes of storage parts like hard drives and SSDs in Hong Kong, says a report.
A study finds that 40% of China's bitcoin mining is powered by coal and will produce 130.5 million metric tons of carbon emissions by 2024. This would hamper the country's control of CO2 emissions.
Hong Kong customs has seized over 300 Nvidia CMP 30HX mining GPUs that were being smuggled into the Chinese province. The seize may be a result of the recent Hong Kong ban on unlicensed crypto use.
In February Tesla purchased $1.5B worth of Bitcoin and announced it's working on accepting it as a mode of payment. Now, Elon Musk has confirmed that customers in the US can buy Tesla using Bitcoin.
Nvidia launched the RTX 3060 desktop graphics card with an algorithm to slow the Ethereum mining performance, but now it seems to be removing those limits with a new GeForce driver.
India is planning a major crackdown on cryptocurrencies by introducing a new bill banning users from trading or holding cryptocurrencies. The bill will give traders six months to sell their positions.
PayPal has acquired the cryptocurrency firm Curv to bolster its credentials in the field as it looks to offer these services to users around the world in the first half of the year.
Twitter Founder and CEO Jack Dorsey has listed Twitter's first tweet for sale on a platform called Valuables. Dorsey is selling the first tweet as an NFT and has received the highest bid of $294,444.
The US Department of Justice has indicted John McAfee over cryptocurrency fraud. It said the businessman was involved in a pump-and-dump scheme on Twitter. He's currently detained in Spain.
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Nvidia has announced that the Ethereum mining performance on its upcoming RTX 3060 graphics card will be downgraded, and it's also launching dedicated Cryptocurrency Mining Processors.
Bitcoin has passed $50,000 for the first time in its history. It comes after more businesses expressed their interest in the cryptocurrency and Tesla said it would be allowing bitcoin payments.
Today, Bitcoin wallet BitPay announced that it has added support for Apple Pay allowing users to link BitPay Mastercard to Apple Pay and pay for goods with cryptocurrencies like Bitcoin and Ethereum.
Following Tesla's purchase of $1.5 billion worth of bitcoin, the cryptocurrency has achieved a new all-time high of $47,725. As always, it's unclear what will happen to the price in the coming weeks.
In an SEC filing, Tesla has revealed that it purchased $1.5 billion worth of bitcoin. It also said that it's planning to allow customers to buy cars from it using bitcoin payments.
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