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Bitcoin Daily: Hackers Contribute Crypto To Charities; Bitcoin Crests $12K

PYMNTS

A hacking organization released receipts for $10,000 in charitable contributions to two groups made through bitcoin, the BBC reported. in bitcoin ( valued at approximately $10,515 as of 7:04 P.M. In other news, the price of bitcoin broke through the $12,000 level on Tuesday (Oct. The price of bitcoin was $11,954.07

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Scammers Love Bitcoin, But Consumers Aren’t So Enthusiastic

PYMNTS

With transactions that become irreversible almost instantaneously, bitcoin and other cryptocurrencies are winning new converts — among scammers eager to avoid credit card chargebacks that can eat into their ill-gotten gains. Jack Dorsey Likes Bitcoin, But So Do Crooks . The Dark Web Likes Bitcoin, Too . For example, the U.S.

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Bitcoin Daily: Ethereum Protocol Aave Raises $25M; BOE Head Takes Stance Against Bitcoin

PYMNTS

Aave recently announced its governance model to help the community access more participation, with old Aave token LEND now able to be swapped for the new Aave token at a ratio of 100 LEND to 1 Aave. The money will be used to help Aave expand into the Asian market, and help it achieve more institutional adoption.

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What happened to the bitcoin bubble?

Chris Skinner

I was interviewed by UBS’s wealth management team a month ago, when the bitcoin bubble was in full bloom. Barry Corbett: So far this year, 85 new cryptocurrencies have been launched, bitcoin has traded within a whisper of $3,000, and the market capital of cryptocurrencies has surged to more than $100 bn, from $15 bn.

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Bitcoin Daily: Ant Financial Rolls Out OpenChain; Bitcoin Firm Purse Plans To Close

PYMNTS

In other news, Purse, a bitcoin startup, plans to close following a run that lasted for six years, CoinDesk reported. Users could buy gift cards at reduced prices with bitcoin or bitcoin cash. We’re grateful for the opportunity afforded by our supporters to build products and infrastructure for the cryptocurrency community.”.

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New US 'Cryptocurrency Enforcement Network' Takes Aim At Bitcoin Scammers

PYMNTS

Bitcoin and other cryptocurrencies are continuing to attract attention from authorities for all the wrong reasons. That includes direct engagement with banks, financial institutions (FIs) and the community of actual cryptocurrency users. “To For instance, a new U.S. In unveiling the report , U.S. A Slew of Problems.

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Bitcoin Daily: India Pushes Blockchain Digitalization Of Trade Documents; Bitcoin IRA Debuts Saver IRA

PYMNTS

CargoX ’s Platform for Blockchain Document Transfer (BDT) was connected with the Port Community System (PCS) of India amid a push in the country for trade documents, including of bills of lading, to be digitized, WorldCargo News reported. The firm has reduced its standard account minimum to $3,000.

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