ether
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Turns Out PayPal Was Serious About Moving Into Crypto
PayPal has updated its app, which is fine and a completely normal thing for companies to do, except for the fact you can now hold and sell crypto in it. PayPal announced it was getting into the cryptocurrency game last October after receiving a conditional BitLicense from the New York State Department of Financial Services.…
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Facebook Announces Libra, Digital Currency On The Blockchain That Doesn’t Actually Need To Be On The Blockchain
Facebook and 27 other partner companies formally announced this morning they plan to launch a digital currency called Libra in the first half of 2020. And if they pull it off, Libra could become the standard digital currency around the world.
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Coinbase Bug Allowed Users To Give Themselves Unlimited Ether
Coinbase, one of the world’s most popular cryptocurrency exchanges, has apparently had a nasty bug lurking in its system that would allow users to collect unlimited ether through a few simple steps. Thanks to a bug report, however, the company avoided disaster.
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Poor Guy Accidentally Steals And Then Destroys $391 Million Worth Of Ether Cryptocurrency
Thanks to a string of screw-ups and bugs, an unsuspecting developer recently took possession of an estimated $US300 million ($391 million) worth of the Ethereum cryptocurrency by accident. In an attempt to give back the money, however, the poor guy ended up locking up the funds permanently. In effect, that money is just gone.