Wednesday, September 22, 2021

cryptocurrency

In world first, bitcoin becomes legal tender in El Salvador

Bitcoin can be bought and spent using a cyber wallet app called Chivo, while cash can be drawn, in dollars, from some 200 bitcoin ATMs hastily erected countrywide.

Facebook could launch digital wallet this year, report says

Facebook's crypto unit head says company leaders 'feel pretty committed' to launch the digital wallet called Novi this year.

PayPal to let UK users buy, hold and sell cryptocurrency

UK-based customers will be able to choose from four types of cryptocurrency: Bitcoin, Ethereum, Litecoin and Bitcoin Cash.

Hackers steal US$97 million from Japanese crypto exchange

This is the second such major heist by hackers in recent days.

Hacker dubbed ‘Mr White Hat’ to return entire stolen crypto fortune

A person claiming to be the hacker says the heist was pulled 'for fun' to expose a flaw that could have cost Poly Network dearly and undermined faith in cryptocurrencies.

Hackers return portion of record crypto heist haul

The heist has sparked debate about whether it would be fair to let the hackers keep some of the loot as reward for uncovering a weakness that could have been even more costly.

Record cryptocurrency heist valued at US$600 million

The hacked firm has threatened police involvement, but also offered the hackers the chance to 'work out a solution'.

Country Heights boss sets up investment bank

Lee Kim Yew says Golden Horse Investment Bank was established to ensure that Malaysia can ride on China's economic trend.

China arrests 1,100 over cryptocurrency money laundering

China banned trading in cryptocurrencies in 2019 and is increasingly tightening restrictions on bitcoin mining.

Malaysians lend a hand to Palestinians with cryptocurrency

But donations must show a certain degree of transparency in order to be recognised as a legitimate contribution.

‘Britcoin?’: UK looks into digital currency

The Bank of England says such a currency would exist alongside cash and bank deposits, rather than replacing them.

Coinbase brings cryptocurrencies to Wall Street

But caution remains the order of the day among observers, who recall the company's dependence on the price of virtual currencies, which tend to fluctuate frequently.

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