NBA Star Spencer Dinwiddie Just Tokenized His Own Contract

The news that Brooklyn Nets star Spencer Dinwiddie was to roll out an Ethereum-based investment vehicle for his own contract took the NBA and crypto communities by surprise. Disregarding an NBA threat to ban him from the professional basketball league, the 26-year-old point guard – who tellingly describes himself as “a tech guy with a jumper” on Twitter – launched his unique bond on January 13 with the aid of security token platform Securitize. Also read: Close to 11 Million BTC Haven’t Moved in Over a Year An Ambitious Leap…

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Online Bullion Marketplace Onegold Sees $50 Million in Crypto Payments

On January 13, the online bullion marketplace Onegold announced the launch of a new mobile application so customers can buy, sell or redeem precious metals at any time. Since 2018, Onegold has accepted cryptocurrencies like BCH and BTC and the firm currently gives customers a 2% discount for paying with cryptocurrencies. According to Bitpay, Onegold has seen $50 million worth of crypto payments since supporting digital assets, which represents 10% of the firm’s yearly revenue. Also Read: Close to 11 Million BTC Haven’t Moved in Over a Year Onegold Sees…

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Close to 11 Million BTC Haven’t Moved in Over a Year

According to a new research report published by Digital Asset Data, more than 10 million BTC has been sitting dormant for a whole year. Data shows that unmoved bitcoins account for roughly 59% of the current minted supply and it’s the largest number of dormant coins since the start of 2017. Also Read: Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance 10.7 Million BTC Stays Put for a Whole Year The fintech and cryptocurrency analytics company Digital Asset Data recently published findings that show the number of bitcoins that…

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Japan and Philippines Discuss Pro-Crypto Laws, Cooperation Among Asian Countries

Japanese Minister Naokazu Takemoto and Philippine Cabinet member Raul Lambino of Crypto Valley of Asia recently met to discuss Asian countries’ crypto regulations. They urge the Philippine Congress to introduce legislation on cryptocurrencies and security tokens, calling for cooperation among Asian countries. Also read: Regs Roundup: SEC Actions, Crypto Tax-Free in Korea, New Chinese Laws Officials From Japan and Philippines Discuss Crypto Regulations Naokazu Takemoto, Japanese Minister of State for Science and Technology Policy, visited Manila last week to meet with Secretary Raul Lambino, administrator and CEO of the Cagayan…

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With New Regulations, Europe’s Crypto Companies May Be Running Out of Options

European crypto companies are finding themselves in a changing regulatory environment. The new realities they have to deal with stem from the fifth edition of the European Union’s anti-money laundering directive. AMLD5 introduces stricter customer due diligence requirements and some in the industry have realized their business models, based on key principles of the crypto space, are hardly sustainable under the new rules. Also read: EU Countries Commence Crypto Regulations as Mandated by New Directive Netherlands to Introduce Licensing When New Directive Requires Only Registration Although the amendments had to…

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Blockchain Tops the List of Most In-Demand Tech Skills for 2020

If you are planning to start a new career this year, or just improve your value in the jobs market, the best thing that you can do is acquire some blockchain skills. Companies around the world are looking for people with capabilities in this field and it appears that demand far outpaces the supply. Also Read: NASA to Launch Bitcoin to the Moon? US Space Agency Seeks Big Data Scientist With Crypto Experience Companies Need Much More Blockchain Talent New research based on data from the employment-oriented networking platform Linkedin…

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China Saw $11.4 Billion in Crypto-Based Capital Flight Last Year

On January 8, China-based blockchain security firm Peckshield published its “2019 Global Digital Asset AML Research Report” noting a variety of crypto trends throughout the year. According to the study, cryptocurrency-based capital flight stemming from China was around $11.4 billion in 2019. Peckshield’s research recorded a number of illegal or otherwise unregulated transactions over the last few years. Also Read: Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance International Unregulated Capital Flow Using Cryptocurrencies Surges in 2019, While China Saw $11.4 Billion in Capital Flight Crypto Transactions In January…

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