Alibaba announced that it has never accepted cryptocurrencies for payment and does not intend to do so. The reason for this announcement was the news of cooperation with the Lolli service, which allows you to receive cashback from purchases on Alibaba in cryptocurrencies. Representatives of the Chinese company said that any transactions with cryptocurrencies took place without their knowledge.
2020 US presidential candidate Andrew Young introduced his country’s cryptocurrency regulatory program: create the Ministry of Technology and revive the Technology Assessment Office, which was abolished in 1995, finalize legislation for digital assets, determine the role of federal authorities in regulating the market, approve consumer safety standards and clarify cryptocurrency tax issues.
The Libra Association reports that the main network of Facebook cryptocurrencies has been launched in preliminary mode. Seven nodes already operate on the network, another 14 are prepared with the connection, and 8 of them are not controlled by the Libra team. Already 51,000 transactions have been completed in the test network and 34 projects have been created.
LocalBitcoins P2P platform has received a license from the Finnish regulator, in whose jurisdiction it is located, having fulfilled all the requirements of local authorities.
The son of former US President George W. Bush turned out to be implicated in the activities of the OneCoin cryptocurrency pyramid. Neil Bush received $ 300,000 for attending a $ 60 million loan deal with a pyramid for the purchase of an African oil field by the Chinese company Hoifu Energy.
The Celsius Network cryptocurrency lending platform reported that for the period from July 2018 to the present, it processed loans worth $ 4.25 billion.
The ZClassic private coin (ZCL), which is a fork of the Zcash cryptocurrency, added 60% over the weekend, rising to $ 0.45. Because of this, the coin got the first place in the mining profitability rating, which is 2CryptoCalc service.
Bitcoin investor Alastair Milne drew attention to the fact that almost 50% of the rewards for mining Bitcoin SV blocks do not leave miners' wallets. They can not get rid of this cryptocurrency, since they risk collapsing its price, because the demand for it is extremely small. The low hash rate, which today is only 1.188 EH / s, also speaks about low liquidity of Bitcoin SV.
Representatives of ProtonMail's encrypted e-mail admitted that for the entire time the service has existed, they did not sell the bitcoins that users paid for its services.
Pensioners, retired military personnel and civil servants in Venezuela will receive from the authorities a Christmas present in the form of half an El Petro token, which is equivalent to $ 30 or 897,317 bolivars.