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Australian Hacker Pleads Guilty to Stealing $450,000 in XRP Last Year

[ad_1] Australian citizen Katherine Nguyen has pleaded guilty to stealing $450,000 in XRP — over 100,000 tokens — in January 2018.Local news channel 7News Sydney reported the latest about the case on Aug. 23. According to the report, Nguyen hacked into the email account of a man with the same last name. She then proceeded to steal all of his XRP, before unlocking his account two days later.Police reportedly investigated
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Bitcoin Price Stays Over $10K as Trader Warns Ethereum Chart Is ‘Ugly’

[ad_1] Bitcoin (BTC) price was consolidating $10,000 support on Aug. 23 after successfully shunning four figures during the day’s trading.Market visualization. Source: Coin360Bitcoin delivers firm bounce off $10KData from Coin360 show a newly strengthened Bitcoin managing to stay above the $10,000 marker, which it had crossed four times over the course of the week. Currently in the upper end of a $300 trading corridor, BTC/USD circled $10,200 at press time, as
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Taipei-Based Crypto Firm Maicoin Seeks Membership in Libra Association

[ad_1] Taiwanese digital currency trading platform Maicoin has entered talks with social media giant Facebook regarding its possible membership in the Libra Association.As local English language media outlet Taipei Times reported on Aug. 21, Maicoin is seeking to participate in the Switzerland-based Libra Association that works on the development of Facebook’s long-awaited stablecoin Libra. Specifically, the company is looking to operate a node on the blockchain-based network, which would validate
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Tether Plans to Issue CNHT — A Chinese Yuan-Pegged Stablecoin

[ad_1] Stablecoin operator Tether plans to issue a Chinese yuan-backed stablecoin, local industry media ChainNews reports on Aug. 21.Tether to issue a renminbi-pegged stablecoinBitfinex shareholder Zhao Dong informed the outlet that Tether — the stablecoin operator behind leading stablecoin USDT — plans to issue a new stablecoin in the near future. The stablecoin in question would be backed by Chinese yuans held in offshore accounts under the CNHT ticker.Dong also
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Ethereum in Its First Big Bear Market Like Bitcoin in 2015, Analyst Says

[ad_1] Cryptocurrency investor and Placeholder partner Chris Burniske has argued that Ether (ETH) is enduring its first mainstream bear market, just as Bitcoin (BTC) did back in 2014-15.In a tweet posted on Aug. 20, Burniske noted that in retrospect, 2014-15 revealed itself as having been the best risk/reward period for investors to get Bitcoin exposure. He added:“To objective observers, the network’s momentum was clear despite the bearish price action; those
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Major Coins Report Mild Losses, Bitcoin Price Hovers Around $10,700

[ad_1] Tuesday, Aug. 20 — following a brief period of recovery, almost all of the top-20 coins by market capitalization have entered the red again, with Bitcoin (BTC) hovering around $10,700.Market visualization. Source: Coin360The leading digital currency BTC is struggling to stay in positive territory, being up by a modest 0.26% on the day to trade at around $10,735 as of press time. BTC started the day near $10,697, subsequently
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Crypto Transaction Tracking Service Whale Alert Announces Version 2

[ad_1] Whale Alert, a service dedicated to tracking major cryptocurrency transactions, has announced a second version of its platform in development.Updated tracking capabilitiesWhale Alert’s official Twitter account announced on Aug. 20 that the service is currently working on the second version of its platform, which includes additional services. The announcement reads:“We are excited to announce Whale Alert v2: the world's largest independent blockchain tracker, which will go live Q4 2019.
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Crypto Will Continue to Grow Mainly Outside the US

[ad_1] CEO of online travel giant Booking Holdings believes that blockchain-based currencies will continue to grow and gain more popularity.Glenn Fogel, recently appointed CEO of Booking, expressed his support of cryptocurrencies in an interview with New York-based travel publication Skift on Aug. 20. In the interview, Fogel discussed blockchain and crypto alongside with major issues in the travel industry, including over-tourism.Potential for a new global currencyWhen asked about the future
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China Is Racing to Launch a Digital Currency Ahead of FB’s Libra

[ad_1] The People’s Bank of China (PBoC) is almost ready to launch its government-backed digital currency, official sources say.An Aug. 20 report from the CPC-owned English-language news portal China Daily further revealed that the central bank digital currency (CBDC) may have been influenced by the unveiling of Facebook’s planned cryptocurrency, Libra. ‘Inspiration from Libra’After five years of research and system development work since 2018, the PBoC is almost ready to launch