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Bitcoin Press News Team

January 3, 2020

Cryptocurrency and Tokenization Activities in Sports

Due to the way sports are massively loved and supported globally, tokenization is a new solution that will have a strong impact on the future of gathering capital in the games and sports industry. Sooner or later, the blockchain and cryptocurrency community will witness the first examples of tokenization also in professional sport. Possibly, starting […]

January 3, 2020

Ripple Celebrates 2020 Early After Unlocking 1 Billion XRP From Escrow

Ripple, the company behind the XRP cryptocurrency and on-demand liquidity product, has unlocked another 1 billion XRP from its escrow. Back in December 2017, Ripple announced that it would lock 55 billion XRP tokens in smart contracts to ensure that the supply could be controlled. This XRP was locked into 55 different smart contracts, each […]

January 3, 2020

Poloniex forces password reset following a data leak

The Poloniex cryptocurrency exchange is forcing users to reset their passwords following a data leak. Another bad news for the community of the virtual currencies communities, the Poloniex cryptocurrency exchange has forced its users to reset their passwords following a data leak. The measure was necessary to prevent spear-phishing attacks against the users aimed at […]

January 3, 2020

ECB Policy Maker Says Banks Must Find Libra Alternatives

A European Central Bank (ECB) policy maker is urging banks in the area to find alternatives to Facebook’s proposed cryptocurrency Libra, according to a report by Bloomberg . Jens Weidmann said banks should come up with their own cheaper and quicker systems to move money around, to create different options than Facebook’s Libra. He also […]

January 3, 2020

Coinbase’s Brian Armstrong Looks Back at Cryptocurrency’s Progress Over the Past Decade

Following the celebration of the new year/2020’s, Coinbase’s Co-Founder and CEO, Brian Armstrong, revealed his thoughts about cryptocurrency’s progress over the past decade. He observed the following: Armstrong stated that Bitcoin did not fail, as many predicted. He stated: “It’s easy to forget, but throughout much of the decade, it was a frequently debated question […]

January 3, 2020

Mechanics of a Crypto Heist: How SIM Swappers Can Steal Cryptocurrency

The true vulnerability at the heart of SIM-swap attacks on crypto accounts lies in crypto exchanges’ and email providers’ variable implementation of 2FA. Recently, I shared with you how alarmingly simple it was to not only "hack" my own email account but then to use that compromised account to hack my other online accounts. Given […]

January 3, 2020

Charities Must Report Crypto Donations, IRS Says

said in recent guidance on cryptocurrencies. Tax-exempt organizations that receive cryptocurrency-based donations should consider them noncash contributions and report them to the IRS on Form 990, the agency said Dec. 26 in an update to a set of FAQs on virtual currencies. In some instances, charities are also required to acknowledge receipt of virtual-currency-based donations, […]

January 3, 2020

IMF Believes Philippines Is an Important Market for Cryptocurrency and Other Digital Assets

The International Monetary Fund (IMF) has revealed that it sees the South East Asian nation as one of the most important markets for the growth of cryptocurrencies and other digital assets. In a technical assistance report on financial and monetary data for the country, the IMF stated that the Philippines may become an important market […]

January 3, 2020

Bitcoin Millionaire Shares Story of Success, Buys Two Companies and a PR Firm

New York – Jan 2, 2020 – Among the new Bitcoin millionaires, there are also stories that stand out, like that of Mason Gatsby. After making his millions through bitcoin trading, he went on to buy two new companies and started his own public relations company, The Gatsby’s with the acquired wealth. Bitcoin and crypto-currencies […]

January 3, 2020

The Biggest Threats to Your Computer Devices

Published on January 3rd, 2020 | by Sunit Nandi When it comes to protecting your devices, the best strategy is one of vigilance. Being aware of what could bring your devices to harm, and knowing how to prevent it, will make you far less likely to lose data and time to malware. Cybercriminals are constantly […]