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Chinese Internet Giant Tencent on the Lookout for New Head of Digital Currency Group

Chinese Internet Giant Tencent on the Lookout for New Head of Digital Currency Group

Chinese internet giant Tencent, also the operator of messaging app WeChat has been reported that the company is looking to create a digital currency research group. Tencent released a statement to its employees, stating that the company is currently hiring a new head of the research group.

Google Pay Opens Door to Mainstream Payments for Coinbase's Crypto-Debit Card

Google Pay Opens Door to Mainstream Payments for Coinbase's Crypto-Debit Card

Coinbase Card and Google Pay have partnered to increase the liquidity of cryptos and provide a new form of convenient payment options to clients. Coinbase customers now can use their cards via easy mainstream mobile payments.

Cryptocurrency wallet Lumi launches new payment method Apple Pay

Cryptocurrency wallet Lumi launches new payment method Apple Pay

Multi-currency crypto wallet Lumi, which enables the purchase, exchange & storing of digital assets, has added Apple Pay as an available payment method.

TikTok and WeChat Get Banned From United States App Stores

TikTok and WeChat Get Banned From United States App Stores

From Sunday, TikTok and WeChat will no longer be available for download in United States App stores.

Bitcoin Purchase Made Possible By Dropbit Through Apple Pay and Google Pay

Bitcoin Purchase Made Possible By Dropbit Through Apple Pay and Google Pay

It is now possible to purchase Bitcoin on Dropbit wallet through Apple Pay or Google Pay. This news was announced in a Medium post by Coin Ninja on November 5. Prior to this announcement, Dropbit was only used to send and receive Bitcoin, which can be done by using just the phone number of the recipient.

Jennifer Robertson to Pay $12 Million CAD in Quadrigacx Settlement

Jennifer Robertson to Pay $12 Million CAD in Quadrigacx Settlement

The death of Gerald Cotten, founder of Quadrigacx, a once reputable cryptocurrency exchange in Canada took the world by surprise. More surprising is the position taken by his widow, Jennifer Robertson, who will liquidate personal assets to cover customers' losses.

NFL Carolina Panthers' Russell Okung Will Receive Half of His $13 Million Contract in Bitcoin

NFL Carolina Panthers' Russell Okung Will Receive Half of His $13 Million Contract in Bitcoin

Carolina Panthers’ offensive tackle Russell Okung has long been a Bitcoin advocate, tweeting out “Pay me in Bitcoin” back in 2019.

Ether Surges Ahead of Bitcoin and Sets the Record for 2020

Ether Surges Ahead of Bitcoin and Sets the Record for 2020

Ether underwent a 20% surge, and the increase in pricing can be attributed to the rising popularity of DeFi applications and the resulting number of dividends pay-outs.

Binance Now Accepts Fiat Payments Through Alipay and WeChat

Binance Now Accepts Fiat Payments Through Alipay and WeChat

In light of advancing the company's market outreach, Binance CEO Changpeng Zhao confirmed on the 9th of October in a tweet that Binance now accepts Fiat payment through Alipay and WeChat.

China’s Central Bank’s DCEP is Trying to Make WeChat Pay and Alipay Redundant

China’s Central Bank’s DCEP is Trying to Make WeChat Pay and Alipay Redundant

Mu Changchun, the Director-General of the Institute of Digital Currency of China’s central bank, People’s Bank of China spoke at one of the panels at the Singapore Fintech Festival held at the Singapore Expo on Nov. 12 regarding the future of digital currencies.

AML BitCoin Lobbyist Abramoff to Pay $55K in Convicted Guilt Plea for ICO Fraud

AML BitCoin Lobbyist Abramoff to Pay $55K in Convicted Guilt Plea for ICO Fraud

In the civil case filed against Jack Abramoff for his role in the 2018 Initial Coin Offering (ICO) scandal, the AML BitCoin lobbyist is expected to pay $55, 000 in disgorgement and interest for his conspiracy in fraud.

Block.one Settles with SEC to the Tune of $24 Million

Block.one Settles with SEC to the Tune of $24 Million

Blacksburg startup Block.one has agreed to pay $24 million (HK$ 188 million) in fines to settle the allegations of unlawfully selling its ICO (initial coin offering) to US investors. The blockchain company had raised several billion dollars between 2017 and 2018 by selling its own digital currency.

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