What would Jerome Powell’s second term mean for crypto?
Top blockchain and crypto news: Fed nominations suggest no sudden moves. El Salvador’s Bitcoin lava affair. Dodgy dealings in China’s digital yuan.
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AMC rival Regal enables crypto payments for moviegoers
Regal, a subsidiary of Cineworld Group, has partnered with digital payments network Flexa to allow customers to pay for movie tickets, popcorn and more with cryptocurrencies in its theaters. Fast facts The firm will accept cryptocurrencies including Bitcoin, Ethereum, Litecoin and Dogecoin, stablecoins such as Dai, USD Coin and Gemini Dollar, as well as digital…
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Elon Musk takes on Binance with Dogecoin withdrawal glitch
Another day, another fight, on Twitter. Tesla CEO Elon Musk, who has supported Dogecoin, tagged Binance CEO Changpeng Zhao (CZ) and tweeted Tuesday that “what’s going on with your Doge customers? Sounds shady,” after a technical glitch appeared to occur during a recent upgrade of the Dogecoin network. Fast facts A network upgrade of Dogecoin…
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Aussie watchdog obtains cold wallet holding US$20M in Bitcoin involved with alleged scam
The Australian Securities and Investments Commission (ASIC) has accused the owners of Gold Coast-based business A One Multi of scamming 92 investors out of AU$25 million (US$18 million) and are now in possession of a cold wallet believed to hold almost US$20 million in Bitcoin purchased with the defrauded funds, according to a report by…
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Palau partners Ripple on national stablecoin using XRP Ledger
The Pacific island nation of Palau has partnered with San Francisco-based blockchain payments company Ripple on a U.S. dollar-backed digital currency for the country — the world’s first government-based national stablecoin — using the XRP Ledger, according to a Ripple announcement. Fast facts Ripple will provide Palau with technical, business, design and policy support for…
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How to survive an IRS crypto tax audit
The US Internal Revenue Service is taking a hard look at cryptocurrency transactions to crack down on tax dodgers. How can crypto holders protect themselves?
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U.S. develops crypto-asset ‘roadmap’; is the Fedcoin on its way?
Three U.S. agencies released a joint statement outlining a plan to fast-track crypto-asset regulation in 2022.
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Hedge fund rockstar sets the stage for the next NFT wave
The digital print of the U.S. Constitution grew an estimated 35% in value by the time Ken Griffin made the winning bid, surely ushering in more NFT interest.
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Ontology partners with bloXmove on decentralized transport infrastructure
BloXmove will use the Ontology blockchain to allow people to have one decentralized, secure identifier to share across multiple transportation apps.