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Industry Keyword: Bitcoin

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G7 finance officials endorse principles for central bank digital currencies

G7 finance officials have endorsed 13 public policy principles for retail central bank digital currencies, saying they should be grounded in transparency, the rule of law and sound economic governance, the Treasury Department said. "Innovation...

US becomes largest bitcoin mining centre after China crackdown

The United States has overtaken China to account for the largest share of the world's bitcoin mining, data published by the UK's Cambridge Centre for Alternative Finance showed. The figures demonstrate the impact of a...

JPMorgan’s Dimon blasts bitcoin as ‘worthless’, due for regulation

Jamie Dimon, the co-CEO of banking titan JPMorgan Chase & Co has said at a conference that cryptocurrencies will be regulated by governments and that he personally thinks bitcoin is "worthless." "No matter what anyone...

Bitcoin soars to $50,000 again on institutional demand

Bitcoin, the world's largest cyrptocurrency in terms of market value, passing the $50,000 mark for the first time in four weeks and adding to gains this month on mounting institutional interest. In early September, bitcoin...

Coinbase says hackers stole cryptocurrency from at least 6,000 customers

Hackers stole from the accounts of at least 6,000 customers of Coinbase Global Inc, according to a breach notification letter sent by the cryptocurrency exchange to affected customers. The hack took place between March and...

Official: The Biden White House plans a 30-country meeting on cyber crime

Top US national security advisers will gather officials from 30 countries this month with plans to combat the growing threat of ransomware and other cyber crime, President Joe Biden said on Friday. An online session...

CoinShares data: Cryptocurrencies see sixth straight week of inflows

Cryptocurrency investment products and funds posted inflows for a sixth consecutive week, as investors viewed recent regulatory challenges in the sector as buying opportunities, data from digital asset manager CoinShares has showed. Inflows to the...

Crypto-linked stocks plunge in Hong Kong, bitcoin steadies

Cryptocurrency-linked stocks dropped in Hong Kong on Monday morning, after Chinese authorities intensified their crackdown on the industry, while major cryptocurrencies steadied. Shares of crypto asset manager and trading firm Huobi Tech, an affiliate of...

Twitter rolls out bitcoin tipping, safety features in product push

Twitter will allow people to tip their favourite content creators with bitcoin and will launch a fund to pay some users who host audio chat rooms on its Spaces feature, the company has said. The...

Bitcoin attempts recovery as Evergrande-led selloff eases

Cryptocurrency prices bounced off 1-1/2 month lows today  as a heavy selloff overnight linked to concerns about a possible loan default by property developer China Evergrande eased slightly, but investors braced for more volatility. Bitcoin,...

AMC Entertainment to accept bitcoin and other cryptocurrencies

AMC boss Adam Aron said the theater chain would accept ether, bitcoin cash and litecoin alongside bitcoin for ticket purchases, as cryptocurrencies gain acceptance among mainstream investors and companies. "Cryptocurrency enthusiasts: you likely know @AMCTheatres...

China’s Hebei province to clamp down on cryptocurrency mining and trading

The cyberspace commission in China’s northern Hebei province said it will cooperate with other government departments to crack down on virtual currency mining and trading, the latest move in the country's cryptocurrency crackdown. The province’s...