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Hamas Adopts New Detection Avoidance Tactics In Bitcoin Fundraiser

In a story being followed by Bitcoin News, further developments in Hamas attempts to raise fund via Bitcoin have resulted in the mechanism for receiving payments being changed. Hamas have now switched to a system which requires a new digital wallet generated for each donation rather than donors sending Bitcoin to a single digital address, or wallet, in an attempt …

Malaysia to Build 835-Acre Blockchain City

Malaysia to Build 835-Acre Blockchain City

A new massive blockchain project called Melaka Straits City is planned for Malaysia with fundraising of USD 120 million needed in its initial stage. The idea is to make the blockchain city not only functional for a range of business enterprises and educational services, but also a major tourist attraction with the Ministry of Tourism of China predicting that 3 …

VC Tim Draper Eyeballs Facebook Coin Project as Possible Investment

facebook coin

Tim Draper, Draper Associates venture capitalist and crypto pundit, is reported to be meeting with Facebook in order to determine if his company should invest in Facebook Coin – a stablecoin project being considered by the social media giant. The idea behind Facebook Coin is to allow FB users to conduct transactions using a cryptocurrency pegged to the US dollar …

Insurtech Lemonade Valued $2 Billion After $300 Million Injection

Insurtech Lemonade Valued $2 Billion After $300 Million Injection

Fintech insurer and insurance tech (insurtech) firm Lemonade yesterday raised a fresh funding injection worth USD 300 million in a deal led by SoftBank Group. Although the company did not reveal its valuation, sources said to Forbes that this fresh investment now means that this Washington-based unicorn is now worth more than USD 2 billion. Having previously raised in December …

Blockchain-Based InsurTech Gains Traction

Blockchain-Based InsurTech Gains Traction

More insurers are joining the cryptocurrency industry through blockchain-based insurtech startup B3i in an ongoing funding round, according to news outlet Tokenpost. B3i started out as a consortium of five insurers and reinsurers to include Aegon, Allianz, Munich Re, Swiss Re, and Zurich, established to create value for the re/insurance industry through distributed ledger technology. In its latest funding round, …

New Report Confirms Terrorists Still Prefer Cash to Crypto

New Report Confirms Terrorists Still Prefer Cash to Crypto

A new report confirms that that terrorist activities continue to be backed by cash rather than cryptocurrencies, which don’t afford such groups the anonymity they seek. It is a fact that has been known for some time, despite many government departments in jurisdictions around the world citing cryptocurrency links to terrorism, a connection well disproven over time. A 72-page long …

‘Regulatory Refugee’ Blames SEC for Crypto Winter

'Regulatory Refugee' Blames SEC for Crypto Winter

Pillar founder David Siegel has targeted much of the blame on the United States Securities and Exchange Commission (SEC) for the flagging performance of the cryptocurrency sector over the past year. Siegel dubs himself the world’s first web designer, is the author of five books on the web and business, and has started 23 companies, including Studio Verso based in …

Wikimedia Foundation Partners with Bitpay to Expand Crypto Payments

Wikimedia Foundation Partners with Bitpay to Expand Crypto Payments

The American non-profit and charitable organization behind Wikipedia, Wikimedia Foundation, has partnered with BitPay, a leading company providing Bitcoin payment processing services for merchants. The partnership will allow the foundation, which has already provided a Bitcoin donations capability to the multilingual, web-based, free encyclopedia, to now add BCH donations through BitPay. BitPay’s chief commercial officer, Sonny Singh, who predicted at the …

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