Russia’s Gazprombank debuts Bitcoin trading in Switzerland
Russia’s Gazprombank debuts Bitcoin trading in Switzerland

The Switzerland-based branch of a major Russian bank has also joined OpenVASP.

Gazprombank Switzerland, a subsidiary of one of the largest banks in Russia, has piloted its Bitcoin (BTC) transaction service following regulatory approval by Swiss regulators.

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PayPal CEO: Our platform will ‘significantly bolster the utility of cryptocurrencies’
PayPal CEO: Our platform will ‘significantly bolster the utility of cryptocurrencies’

PayPal’s chief executive believes cryptocurrencies are on the verge of mainstream adoption as more businesses and consumers flock to “digital payments and digital forms of currency.”

In an interview with CNBC, PayPal CEO Dan Schulman said the pandemic has accelerated the shift to digital forms of payments.

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Bitcoin price doubles since the halving, with just 3.4M Bitcoin left for buyers
Bitcoin price doubles since the halving, with just 3.4M Bitcoin left for buyers

The price of BTC has more than doubled since the Bitcoin’s third block reward halving in May. To be precise, BTC has gained 110%, with prices rallying from $8,566 on May 11 to test $18,000 as of this writing.

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Japan’s megabanks to lead experiment with digital yen
Japan’s megabanks to lead experiment with digital yen

Japan’s three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen. The group consists of banks, various Japanese brokerages, utility and telecom firms and retailers, according to a Reuters report.

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Aerospace giant Thales uses blockchain to comply with NATO standards
Aerospace giant Thales uses blockchain to comply with NATO standards

Blockchain tech is handy for complying with NATO standards in aerospace and defense.

Thales, a French multinational company specializing in products and services for aerospace and defense industries, is using blockchain technology for a new management system at its production hub in Spain.

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Verizon’s newsroom to use blockchain in bid for absolute transparency
Verizon’s newsroom to use blockchain in bid for absolute transparency

News requires an element of trust. Blockchain may be able to help.

Verizon has unveiled “a blockchain-based, open-source newsroom product designed to raise the bar for corporate accountability,” according to a public statement today.

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New Huawei smartphone will feature a hardware wallet for digital yuan
New Huawei smartphone will feature a hardware wallet for digital yuan

The Mate40 series will reportedly enable dual offline transactions and allow users to control anonymity.

Huawei has announced that its forthcoming Mate40 smartphone series will include an integrated hardware wallet for China’s central bank digital currency, the digital yuan.

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More than half of all crypto exchanges have weak or no ID verification
More than half of all crypto exchanges have weak or no ID verification

The highest number of exchanges defying regulatory norms are in Europe.

More than half of all exchanges worldwide have weak KYC identification protocols — with exchanges in Europe, the U.S.

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More than $1B in Bitcoin has been tokenized for DeFi
More than $1B in Bitcoin has been tokenized for DeFi

Almost 100,000 Bitcoin are now tokenized on Ethereum, more than half of which have migrated over the past 30 days.

More than $1 billion worth of Bitcoin (BTC) has now been tokenized to access decentralized finance protocols on the Ethereum network.

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The seventh annual Hackers Congress Paralelní Polis
The seventh annual Hackers Congress Paralelní Polis

The well-loved cypherpunk event is back – this time warning of the impending Digital Totality

The annual Hackers Congress (HCPP) will take place on October 2nd-4th in the stunning venue of Paralelní Polis, Prague.

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Etherum Fees Double In a Week As DeFi Heats Up
Etherum Fees Double In a Week As DeFi Heats Up

The average fee for transactions on Ethereum has reached its second-highest level ever, after setting the record earlier this month.

Ethereum fees remain at historically elevated levels, as miners scramble to add capacity and profit from record-breaking network activity levels.

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The Bahamas will launch a digital Central Bank ‘Sand Dollar’ in October
The Bahamas will launch a digital Central Bank ‘Sand Dollar’ in October

The Bahamas is gunning to become the first country in the world to roll-out a state-backed virtual currency nationwide, and has announced it will launch a central bank-issued cryptocurrency during October.

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DoJ Aims to Seize 280 Cryptocurrency Accounts Used by Hackers
DoJ Aims to Seize 280 Cryptocurrency Accounts Used by Hackers

Complaint details collaboration with China to funnel $250m in stolen funds as part of state-sponsored attacks.

The U.S. government aims to seize control of 280 illegal cryptocurrency accounts it claims were used by North Korean state-sponsored attackers in their efforts to hack cryptocurrency exchanges and funnel hundreds of millions in stolen funds through a Chinese money-laundering network.

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China’s Blockchain Service Network to launch stablecoin support in 2021
China’s Blockchain Service Network to launch stablecoin support in 2021

China’s national blockchain project BSN could be the best fit for the digital yuan.

China’s nationwide blockchain project, the Blockchain Service Network, or BSN, will be integrating stablecoin support in 2021.

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Russia’s New Crypto Analytics System to Track Dash and Monero
Russia’s New Crypto Analytics System to Track Dash and Monero

Dubbed “Transparent Blockchain,” Russia’s new crypto analytics system is designed to fight illicit activity related to crypto.

A major financial watchdog in Russia is developing a new cryptocurrency analytics tool to trace major cryptos like Bitcoin (BTC) and privacy coins.

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