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Bitcoin Daily: Bitcoin Rises After Recent Crash; IRS Delivers New Rules For Crypto Investors

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Ransom is demanded in bitcoin, upon threat of releasing damaging information to family, friends, and co-workers. But now the hackers are asking for alternative crypto currencies to bitcoin in their ransom demands. This latest sextortion version is using a Litecoin wallet address instead of bitcoin to evade detection,” Johnson wrote.

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Bitcoin Daily: Binance Denies Reports Of Police Raid; Blockchain Expands To Gaming Payments

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In other Binance news, the crypto exchange announced that it has acquired India-based bitcoin exchange WazirX , which will allow customers to buy and sell crypto with Indian rupees on the Binance Fiat Gateway. The population of the country sees these capital controls are put in place, and then they’re going to look for a way around it.

Bitcoin 130
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Bitcoin Daily: UK Researching CBDC Use Cases; Lebanon To Introduce CBDC In 2021; SEC Member Pushes For Cryptocurrency Regulation; ShapeShift Delists Three Privacy Coins

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In other news, Securities and Exchange Commission (SEC) member Hester Peirce expressed hope that securities regulations concerning cryptocurrencies will speed up to match the speed of financial technology innovation.

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Digital Currency Eyes Wholesale — Not Retail — Payments Down Under

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Thus, the RBA is positing the creation and administration of a digital offering that would track the Australian dollar, as well as ostensibly sidestep the volatility that has marked the likes of bitcoin and its brethren. As a] unit of account, people don’t post their prices in bitcoin, even [at] bitcoin conferences.

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NEW REPORT: How Banks Are Driving API-First Strategies

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New payment and financial technologies are quickly emerging from the FinTech community, all with the promise of expediting payments and reducing the distance between cross-border trading partners. APIs invite innovative changes to banking.

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Bitcoin Daily: People’s Bank Of China To Certify Digital Payment Products; Korean Security Agency Supports Blockchain Projects With $9M Fund

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The People’s Bank of China announced that it will certify 11 types of financial technology hardware and software used for digital payment and blockchain services. His comments even caused a price boost of bitcoin and blockchain stocks to the point that the Chinese state media advised people to stay levelheaded.

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Can Moscow Overcome A Tarnished Tech Reputation?

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Innovation and ease of business aren’t necessarily the first concepts that come to mind when thinking about the tech environment in the Russian market. Russia is known for many things, but being a breeding ground for startups and tech innovation isn’t necessarily at the top of the list. Changing The Approach To Innovation.