In our “National Cryptocurrencies” section, we cover government-backed digital currencies and state initiatives related to blockchain technology. Here you will find news about central bank digital currencies (CBDCs), national crypto projects, and the role of digital money in modern economies. Read the “National Cryptocurrencies” section on ForkNews to stay informed about how countries are developing their own digital currencies.
San Francisco-based crypto exchange Kraken, the largest and one of the most secure crypto platforms, has warned users about the risks of trading the new Bitcoin Cash SV (BCH SV) token, saying the fork does not meet all of the exchange's listing requirements.
OKEx, one of the most popular cryptocurrency exchanges in the world, canceled its clients' orders without warning as asset values plummeted. Because of these actions, site users lost their funds.
The Huobi Group has established a Communist Party cell in one of its subsidiaries in Beijing. The group that owns the Huobi exchange announced on its website on November 16 that it is “necessary to implement” the principles and policies of the Communist Party into private companies. The move, which is a first of its kind for the Chinese cryptocurrency space, is also aimed at gaining party support for the platform's business in the country.
The general decline in prices on the market continues, and Ripple managed to stay in a wide sideways range. At what level will the decline stop today?
The Bitcoin market falls, rises and falls again. The cryptocurrency is currently trading at $5,098. If you think that it is too late to invest in Bitcoin or any other type of cryptocurrency, then it is not so. There is still time, given the following reasons.
Of all the major cryptocurrencies, Bitcoin has seen the smallest decline in value. Bitcoin Cash (BCH), Ethereum (ETH), Ripple (XRP), Stellar (XLM), Litecoin (LTC), EOS, and many other assets lost between 7% and 15%.
Joseph Kim, 24, of Phoenix, Arizona, was sentenced to 15 months in prison for cryptocurrency fraud, according to the Illinois State Attorney's Office. In particular, he stole Bitcoin and Litecoin coins worth about $600,000 from a former employer and $545,000 from his own acquaintances.
Delaware-based OsiaNetwork recently asked the Federal Election Commission (FEC) whether cryptocurrency mining pools that mine funds to support political campaigns are legal.
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