Tag: Cryptocurrency

Sotheby’s sold Friday a rare 101.38-carat diamond for $12.3 million in cryptocurrency in a Hong Kong auction to an anonymous buyer. As it’s the highest price paid for gemstone or jewelry in crypto, the auction house called it “a milestone was reached in the adoption of cryptocurrencies.” According to Sotheby’s, a 101.38-carat pear-shaped D color…

Israel said Thursday it is starting to seize cryptocurrency accounts used by the Palestinian Hamas group to raise funds for its armed wing using Bitcoin and other cryptocurrencies. Benny Gantz, Israeli Defense Minister, ordered security forces to seize the accounts after a joint operation “uncovered a web of electronic wallets” used by Hamas to raise…

As local news reported, the Vietnamese Prime Minister Phạm Minh Chính has ordered the State Bank of Vietnam to study the feasibility and test the operationality of a pilot for a digital currency (CBDC). Unlike other countries, Vietnam is looking to test a digital currency built on blockchain technology, not a centralized protocol. According to…

China’s central bank deputy governor said the bank is “quite worried” about risks from private digital currencies, particularly so-called stablecoins, such as Tether, while China is testing its own digital yuan. According to CNBC translation, Fan Yifei of the People’s Bank of China (PBOC) has voiced concern that digital currencies pegged to a fiat currency…

Alex Mashinsky, Celsius Network CEO and #63 in The Cointelegraph Top 100, suggested that Ether has already started “flippening” Bitcoin by market capitalization. In an interview with Kitco News on Monday, he said that Ethereum has already overtaken Bitcoin based on the US dollar value of holdings in Celsius’s network of over a million users….

Choosing the right cryptocurrency exchange is crucial to your success as a trader or an investor, writes Hassan Maishera on FX Empire. The following criteria will help you to know what to look for in a cryptocurrency trading platform. Most people consider investing or trading in Bitcoin and other cryptocurrencies as intimidating. This is because…