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Blockchain Bites: Clearing the Record on Yellen’s Crypto Concerns and the Bitcoin Double-Spend Fracas

After dropping 13% yesterday, bitcoin is once again on the ascent. Meanwhile, Janet Yellen has offered a more nuanced view of crypto and small Ethereum mining pools are organizing a campaign against a potential network upgrade.Top shelfMiners revolt!Eight Ethereum mining pools amounting to around 30% of the network’s hash power

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Swedish Bankers Air Concerns Over E-Krona Digital Currency Plan

Swedish banks have expressed apprehension over the central bank’s proposed e-krona digital currency and how it could affect their industry.With Sweden the nation that uses cash the least globally, the Riksbank has been considering taking digital payments using the e-krona mainstream. Late last year, Sweden’s financial markets minister, Per Bolund,

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Concerns Regarding FinCEN’s Proposed Rules – Blockchain News, Opinion, TV and Jobs

by Peter Smith, Last week I sent a letter on behalf of Blockchain.com to Treasury Secretary Steve Mnuchin (embedded below), outlining my concerns regarding FinCEN’s anticipated rules related to self-custodied wallets. Since then, FinCEN released a set of proposed rules that has been widely commented on in the crypto space. The good news is that

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Experts: Privacy Concerns Over Bitcoin Upgrade Taproot a ‘Non-Issue’

Bitcoin privacy experts are far from impressed with a recently circling slideshow-style privacy report that puts Taproot, a likely upcoming upgrade to Bitcoin, in the crosshairs. The Taproot upgrade will boost Bitcoin’s privacy and scalability. The years-in-the-making upgrade has been applauded by Bitcoin’s most active developers, with the community being invited

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Bank of Russia Fields Banking Industry Concerns Over Digital Ruble Proposal

The deputy chairwoman of the Bank of Russia, Olga Skorobogatova, met with representatives of several major banks Thursday, seeking early feedback on the concept of a digital ruble. According to Russian newspaper Kommersant, the bankers were chiefly concerned over how centralized the digital currency system, currently under consideration, might be

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Blockchain-based voting systems have potential despite security concerns

The 2020 United States presidential election was met with an increase in mail-in ballots due to COVID-19 concerns. Yet while many Americans stayed away from polling stations this year, postal delays, rejected ballots, and other challenges emerged.Unsurprisingly, better ways for casting votes during major elections quickly became a hot topic of

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ShapeShift Delists Privacy Coin Zcash Over Regulatory Concerns

ShapeShift, the Colorado-based cryptocurrency exchange that allows users to self-custody their assets, has delisted another privacy coin.Zcash has been removed from the trading platform in addition to monero and dash. Decrypt reported last Friday that XMR and DASH had been quietly removed; the delisting of ZEC was not noted.“We’ve taken

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