The White House Just Blamed Bitcoin for America’s Opiate Crisis
The opioid epidemic is the new devil Bitcoin is being blamed for inflaming, to be added to the already long list of heinous crimes crypto is supposedly responsible for, like
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This Week in CT Spain
As many of our readers probably know, CryptoX has a number of non-English branches, each covering news from different parts of the world. In pursuit of the most complete and detailed picture of the global cryptocurrency industry, we present a series of weekly compilations of the freshest original articles from
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Poloniex Pledges to Reimburse Flash Crash Losses, Victims Displeased
When a financial system like the crypto market lacks liquidity, a crash becomes inevitable. This was the case at the margin trading marketplace hosted by U.S.-based crypto exchange Poloniex toward the end of May, when the value of a lesser-known crypto asset, CLAM, experienced a sudden, sharp crash. This
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Ex-Morgan Stanley Exec Joins His Former Colleagues at Shenzhen Crypto Firm
Former Morgan Stanley Asia head of derivatives Jeffrey Wang officially joined Amber Group, a Shenzhen-based cryptocurrency company.As Bloomberg reported on Aug. 23, Wang will operate out of Vancouver as the head of Americas for Amber. According to the article, he previously worked at Morgan Stanley with four out of
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Can Blockchain Become an Integral Part of Autonomous Vehicles?
A decade ago, the thought of self-driving cars was far from reality, but with 2020 looming large, massive strides have been made in the field of autonomous vehicles. Meanwhile, in the space of a decade, Bitcoin has thrust cryptocurrencies and blockchain technology into the mainstream consciousness. The latter has
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US Presidential Candidate Andrew Yang Calls for Blockchain Voting in 2020 Elections
The democratic presidential candidate who attempts to run for the high office of the President of the United States, Andrew Yang, stirred up the internet two days ago when he asked that blockchain voting should be employed in the upcoming presidential elections in 2020.Yang states on his website:“It’s ridiculous that
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Telx Technologies Launches First Crypto-Facilitating SIM Card
Cryptocurrency and telecommunications company Telx Technologies announced the launch of the first crypto SIM card wallet that enables transactions via SMS.According to the company’s Medium post published on Aug. 22, the card allows its users to send cryptocurrencies via SMS with their dedicated crypto phone number. Notably, these transactions
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Bitcoin Hovers Around $10,130 as Altcoins Suffer Minor Losses
On Aug. 24, most of the top 20 cryptocurrencies are suffering moderate losses on the day while Bitcoin (BTC) hovers around the $10,130 mark.Market visualization courtesy of Coin360Bitcoin price is currently down by 0.6% on the day, trading at around $10,130 at press time, according to Coin360.Bitcoin 7-day price
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Binance Offers Lifetime VIP Membership to KYC Leak Victims
Major cryptocurrency exchange Binance announced that it will offer a lifetime VIP membership to all its users affected by the recent Know Your Customer (KYC) images leak on the platform.According to the official blog, currently Binance is “actively contacting all potential victims with [...] guidance on privacy protection and
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Circle CEO Says Tokenized Fiat Currencies Are on the Horizon
Jeremy Allaire, the CEO of blockchain-based, crypto-inclusive money transfer company Circle, said that the firm has long held that major fiat currencies would eventually be tokenized.Significant digital currenciesIn an interview on Aug. 21 on the podcast Global Coin Research, Allaire said that Circle has thought for years that sovereign
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