Sunday, September 20, 2020
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Blockchain Bites: Hashrates Drop, Bitcoiners Hodl and an Open Letter to Bankers

Floods are dampening bitcoin mining hashrates, Ethereum Classic may be thrown off its most popular exchange and bitcoin is moving off exchanges. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CryptoX’s newsletters

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Central Bankers From Canada, Netherlands, Ukraine Call Blockchain Unnecessary for Digital Fiat

KYIV, UKRAINE — Central bank digital currencies (CBDCs) have been a hot topic in blockchain circles recently, but central banks are lukewarm about blockchains. Representatives of a number of the world’s central banks discussed their CBDC projects last week in Kyiv, Ukraine. The one-day conference was arranged by the National Bank

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“Short The Bankers”: Financial Advisor Lauds Bitcoin (BTC) After BoA Charges

Banks Are 3,200% More Expensive Than Crypto Since Bitcoin (BTC) came into being, it has been lauded for being an alternative to the traditional financial system. Yet, those with a vested interest in this dinosaur-esque world have quickly rebutted these cries, noting that cryptocurrencies are not only slow, but are expensive,

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Swiss Bankers Ease Access for Crypto Startups to Prevent Mass Exodus

The Swiss Bankers Association (SBA) has issued basic guidelines for banks working with blockchain startups on Friday, September 21. As Reuters reports, the measure was taken to prevent a mass crypto exodus out of Switzerland.The document states that banks see blockchain as an opportunity for Switzerland to house financial and

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