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Bitcoin is a ‘risk’ rather than ‘safe’ asset, say JPMorgan strategists

Bitcoin is a ‘risk’ rather than ‘safe’ asset, say JPMorgan strategists

It is more appropriate to characterize bitcoin as a “risk” asset rather than a “safe” asset, according to JPMorgan strategists.

The post Bitcoin is a ‘risk’ rather than ‘safe’ asset, say JPMorgan strategists appeared first on The Block.

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Former UK Cybersecurity Chief Says Laws Needed to Stop Ransomware Payouts

“People are paying bitcoin to criminals and claiming back cash” via insurance claims, Ciaran Martin said.

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Chengdu is said to give away ~$8 million digital yuan in latest CBDC test

Chengdu is said to be the next place in rolling out a city-wide test of China’s central bank digital currency.

The post Chengdu is said to give away ~$8 million digital yuan in latest CBDC test appeared first on The Block.

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Ethereum’s Ether Cryptocurrency Sets New All-Time Price High Above $1,450

The price of ether (ETH), the native cryptocurrency of the Ethereum blockchain network, soared to record levels on Sunday.

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Crypto Long & Short: No, Bitcoin Was Not a Response to the Financial Crisis

In spite of the timing, bitcoin wasn’t created as a result of the 2008 crisis – and this misunderstanding matters.

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BOE’s Bailey, Western Union CEO Part of Davos Panel on Digital Currencies

The session will focus on the diminishing role of cash and the emergence of central bank digital currencies, moves accelerated by the pandemic.

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Famed Investor Bill Miller Explains Buying MicroStrategy Debt: It’s the Bitcoin

“Not owning any Bitcoin has been a massive mistake, and we expect that will continue to be true,” the famed value investor wrote to clients.

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Chainalysis: Criminals moved $34 million in crypto through DeFi in 2020

Chainalysis expects that criminal activity in the DeFi sphere will increase in 2021.

The post Chainalysis: Criminals moved $34 million in crypto through DeFi in 2020 appeared first on The Block.

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Bitstamp implements tighter KYC measures for crypto withdrawals in the Netherlands

Crypto exchange Bitstamp has confirmed to The Block that it has implemented stricter know-your-customer (KYC) measures for Dutch users.

The post Bitstamp implements tighter KYC measures for crypto withdrawals in the Netherlands appeared first on The Block.

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A Reading of Satoshi’s Bitcoin White Paper

The document that started it all, in audio form.

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