CryptoCurrency News: Shanghai Government Invests $5M in Blockchain Startup Conflux

The Shanghai government has invested over $5M in public permissionless blockchain startup Conflux while putting the project in the list of 57 companies that focus on emerging technologies such as 5G and aerospace.

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CryptoCurrency News: Babel Finance Is Letting Crypto Mining Firms Use Machines as Loan Collateral

A clever way for bitcoin miners to get better loan terms.

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CryptoCurrency News: Pirated Academic Database Sci-Hub Is Now On the ‘Uncensorable Web’

Sci-Hub, a pirate database of academic papers using bitcoin for funding, has joined the distributed domain names network Handshake.

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CryptoCurrency News: GemCoin Founder Sentenced to 10 Years for $147M Crypto Scheme

The judge scheduled a restitution hearing for victim investors this summer.

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CryptoCurrency News: Market Wrap: Bitcoin Plunges to $30.3K as Options Traders Bet on Sub-$800 Ether

Bitcoin’s huge sell-off by over $8,000 in the past 24 hours while options traders clearly are betting that ether is overvalued.

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CryptoCurrency News: Did This Bitcoin Cycle’s FUD Phase Just Begin?

As the price crashes more than 20% in 24 hours, NLW describes the “wall of worry” around regulation that might characterize this cycle’s FUD.

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CryptoCurrency News: Institutions Use This Strategy to Hide Their Bitcoin Orders

Having smaller orders in essence fools the market into thinking there is not much interest at those price levels when in fact there is.

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CryptoCurrency News: Now Is the Time to Advance the Decentralized Web

After the U.S. Capitol insurrection and Twitter's unilateral ban of President Trump, decentralizing the web has never been more necessary.

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CryptoCurrency News: NYDIG Acquires Digital Assets Data

The acquisition bolsters NYDIG's data offerings as it continues to build out an institutional client base.

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CryptoCurrency News: Bitcoin Erases Most of New Year’s Gains Amid Short-Term Profit-Taking

Monday's plunge has erased almost all the gains the leading cryptocurrency had achieved in the new year.

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CryptoCurrency News: Blockchain Bites: Crypto Market Cap Drops Below $1T as Dollar Gains

Also: Bakkt will go public through a SPAC merger, JPMorgan weighs in on a bitcoin ETF and Dan Larimer is leaving EOS-incubator Block.one.

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CryptoCurrency News: Aragon One CEO Jorge Izquierdo Resigns in Protest of ‘Governance’ Decisions

Aragon One CEO Jorge Izquierdo has resigned, becoming the highest-profile departure in a recent flurry of resignations.

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CryptoCurrency News: Binance, Blockchain Firm Orbs to Sponsor New Accelerator for DeFi Innovation

The two firms have become core sponsors of the DeFi.org accelerator, which will provide grants for innovative startups working in decentralized finance.

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CryptoCurrency News: Bitcoin News Roundup for Jan. 11, 2021

With the price of BTC down by more than $8K and an opportunity to trade your crypto for a NYC bar (or two), CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

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CryptoCurrency News: Tether Mints Record 2B USDT in One Week

The previous record of 1.5 billion USDT was set the week before last.

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CryptoCurrency News: Aragon Acquires Voting Project Vocdoni to Flesh Out Decentralized Governance Stack

The Aragon Association has acquired Vocdoni, a decentralized voting project born out of the Catalan independence movement.

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CryptoCurrency News: US-Listed Chinese Lottery Firm Plans $14.4M Move Into Bitcoin Mining

Shares of the company traded up 11% on the news of the deal to purchase miners later this year.

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CryptoCurrency News: First Mover: Cryptocurrency Euphoria Hits Breaking Point as Miners Lose Nerve

Crypto euphoria gets a reality check as bitcoin and ether tumble, though XRP is still trading well as SEC-inflicted damage proves limited.

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CryptoCurrency News: Bitcoin Exchange Bakkt Agrees Merger, Will Become Publicly Listed on NYSE

The combined company will be called "Bakkt Holdings" and will be listed on the New York Stock Exchange with an expected valuation of $2.1 billion.

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CryptoCurrency News: Bitcoin’s Big Drop Again Coincides With Dollar Bounce in Forex Markets

Bitcoin's crash Monday came alongside a bounce in the Dollar Index.

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CryptoCurrency News: Chinese Bank Trials Digital Yuan Services at ATMs: Report

Trials of China's central bank digital currency continue, with ATMs now starting to be used in Shenzhen.

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CryptoCurrency News: Scaling Solution Hermez Network Adds Tether Token to Tackle High Ethereum Fees

Hermez Network sets out to provide faster and cheaper transactions on Ethereum.

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CryptoCurrency News: Crypto Custody Firm Leaves Singapore’s Regulatory Sandbox With License, ISO Rating

The firm exits the sandbox with what it claims is the first ISO 27001 certification for a crypto custody provider.

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CryptoCurrency News: UK’s FCA Warns Investors of High-Risk Crypto Investments and Scams

The Financial Conduct Authority said investors in cryptocurrency products offering high returns should be prepared to lose "all their money."

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CryptoCurrency News: Bitcoin Plummets as Miners Sell Inventory, Spot Markets Panic

Bitcoin fell sharply early on Monday, having failed to establish a foothold above $40,000 over the weekend.

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CryptoCurrency News: Biconomy Raises $1.5M in Seed Funding for Bid to Simplify Blockchain Transactions

Biconomy aims to enable blockchain developers to provide a simplified onboarding and transaction experience for users of Web 3.0 and blockchain projects

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