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20,000 Helbizcoin Investors Accuse Company of Trying to Destroy Evidence, Seek Court Injunction

20,000 Helbizcoin Investors Accuse Company of Trying to Destroy Evidence, Seek Court InjunctionA group representing about 20,000 investors in Helbiz Inc has filed a motion seeking a temporary restraining order and preliminary injunction against the company. Investors want a motion granted to stop the company from destroying smart contracts that supports Helbiz Inc.’s ERC20, a token also known as Helbizcoin (HBZ). The application was filed on 6 […]

The post 20,000 Helbizcoin Investors Accuse Company of Trying to Destroy Evidence, Seek Court Injunction appeared first on Bitcoin News.

by Terence Zimwara , 27 minutes ago

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Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile

Zimbabwe’s deteriorating economic situation is forcing authorities to sign off on some desperate and controversial decisions. Some of such decisions include the abrupt suspension mobile money as well as the recent designation of Zimswitch as a national payment switch. Reserve Bank of Zimbabwe Suspends Mobile Money Service Owned by banks, Zimswitch is the current payments […]

The post Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile appeared first on Bitcoin News.

by Terence Zimwara , 1 hour ago

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Three Industries That Will Be Blockchain Innovators Post-Pandemic

Nash’s co-founder said three industries will benefit from blockchain technology after the COVID-19 pandemic.

by Cointelegraph By Felipe Erazo , 2 hours ago

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Christophe Cieters: Monopoly Money

Christophe Cieters: Monopoly MoneyAs money developed and people opted to place it in secured storage, banks started issuing banknotes which represented a client’s deposit at the bank and the promise to redeem each note for the amount of gold it represented at a 100% reserve rate. Market exchange rates of the coins were defined by their metal content. […]

The post Christophe Cieters: Monopoly Money appeared first on Bitcoin News.

by Guest Author , 3 hours ago

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Cryptocurrency News From Japan: July 5 - July 11 in Review

Tosei real estate and Tokyo Financial Holdings issued an asset-backed digital financial product, Coinage registered with Japanese authorities as an exchange and more headlined news from Japan this past week.

by Cointelegraph By Benjamin Pirus , 4 hours ago

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Hacker stole 336 BTC from Crypto exchange Cashaa

Cryptocurrency exchange Cashaa said hackers took 336 bitcoin from one of its wallets. The company has stopped all crypto-related transactions.

by Cointelegraph By Vireshwar Tomar , 6 hours ago

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Chinese Authorities Confiscate $15 Million in Cryptocurrencies, Arrest 10 Scammers

Chinese Authorities Confiscate $15 Million in Cryptocurrencies, Arrest 10 ScammersChinese authorities have seized cryptocurrencies worth about $15 million while bringing down a scam involving fake Huobi tokens. In addition, ten people were arrested while luxury cars and real estate were confiscated. The police in the Chinese city of Wenzhou, Zhejiang province, have cracked a criminal case and seized millions of dollars worth of cryptocurrencies, […]

The post Chinese Authorities Confiscate $15 Million in Cryptocurrencies, Arrest 10 Scammers appeared first on Bitcoin News.

by Kevin Helms , 6 hours ago

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OCC Seeking to Remove Structural Barriers to Financial Inclusion

The OCC launched a project to identify ways to improve financial inclusion and remove barriers to credit access.

by Cointelegraph By Emilia David , 6 hours ago

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To Accelerate Cryptocurrency Adoption, We Must First Improve User Experience

Cryptocurrency adoption is inevitable, but without strengthening our approach to user education, the process will be slow.

by Cointelegraph By Jonathan Leong , 6 hours ago