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Bitcoin Exits OKEx Exchange in Droves as Withdrawal Service Reopens
OKEx users have withdrawn 2,822 Bitcoin (BTC) from the exchange within 15 minutes of withdrawal services reopening after they were suspended due to an investigation.
Velas 3.0 Is Coming: Here's What You Need to Know
Velas (VLX), a platform designed to address the scaling and usability challenges seen by other blockchains, is on the verge of releasing by far its largest update to date — with the impending launch of the Velas 3.0 ecosystem.
Facebook to Launch Libra Cryptocurrency in January 2021, But in Limited Format
According to a new developing story, Facebook expects to launch its Libra cryptocurrency in January next year, but in a limited format.
IRS Cracking Down on Cryptocurrency Tax Evasion, Seeks Private Crypto Tax Contractors
The Internal Revenue Service (IRS) has requested help from independent consultants to crack down on non-compliance in cryptocurrency tax.
Facebook’s Calibra Aims to Create 50 New Jobs in Dublin To Scale Up Its Libra Project
Social media giant Facebook is seeking to create 50 jobs for its payment subsidiary Calibra. The new hires, which are targeted to begin work at Dublin office, Ireland by the end of 2020, will be responsible for creating a wallet for sending and storing Libra. Calibra was formed in 2019 to develop a digital wallet for the Libra payment team.
Committee on Payments and Market Infrastructures Develops Criteria for Wholesale Digital Tokens
A new report reveals that the CPMI will list out a criterion for the design of wholesale digital tokens in terms of their usage in whole transactions.
Whale Alert Analysis: Scammers Have Bagged Bitcoin Worth $24 Million in the First Half of 2020
Leading blockchain tracking and analytics provider Whale Alert has revealed that scammers have been on a stealing spree as they have made away with $24 million in Bitcoin so far in 2020. Cumulatively, they have siphoned Bitcoin valued at $38 million over the last four years, and this excludes Ponzi schemes as they are a billion-dollar sector on their own.