• Ransomware hackers donate to charity
    Bitcoin

    Ransomware hackers donate $10,000 of crime proceeds to charity

    A ransomware group donated its ill-gotten Bitcoin to two charities, but one has already announced that it does not intend to keep the donation

    A cybercriminal organization known as Darkside posted receipts for $10,000 in Bitcoin donations to two charities. Darkside published the donation complete with tax receipts for the donation of 0.88 BTC to The Water Project and Children International.

  • Zcoin bumps up privacy
    Cryptocurrencies

    Zcoin bumps up privacy with ability to burn and redeem Zcash

    The privacy coin foundation is adding a new anonymity feature to counter the growing ability of law enforcement to track Zcash transactions

    The Lelantus protocol went live on a testnet on Oct. 20, offering users of Zcash privacy coins the ability to “destroy coins of arbitrary amounts and to redeem brand new coins (even partially) that appear to have no previous transaction history associated with them,” the organization said.

  • Markets report bitcoin price
    Bitcoin

    Markets Report: Bitcoin retains gains as $11,900 remains “pivotal” resistance

    Bullish strength must still compete with a “big hurdle” at $12,000, one analyst says, warning that ranging as low as $11,000 may return first.

    Data from price trackers including CoinMarketCap showed BTC/USD hovering at around $11,800 on Tuesday, having traded in a tight range overnight. The start of the week had produced significant fresh upside for the largest cryptocurrency, with a breakout from lower in the $11,000 zone topping out at around $11,850.

  • New Zealand rejects CBDC
    Politics,  Regulation

    New Zealand rejects digital currency—for now

    No central bank digital currency for New Zealand, even though just 6% use cash for everyday needs

    Christian Hawkesby, the assistant governor of the Reserve Bank of New Zealand, told a conference on Oct. 19 that a central bank digital currency (CBDC) won’t be released imminently. However, he stressed the country is “well connected” on the matter and continues to monitor developments closely. In other words, New Zealand wants another country to jump in first.

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