Year: 2020

Bad news: Not everyone will be eligible for the second stimulus payment, even if they got the first one – CNET

Will you get another stimulus check if one’s approved? Not everyone will. Sarah Tew/CNET With the IRS this week starting to send stimulus checks via direct deposit and paper checks worth up to $600 per person (with additional funds for eligible dependents), many are watching their bank accounts and mailboxes, waiting to learn the size …

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Market Wrap: Bitcoin Closes 2020 Near Record Highs

The Takeaway: Bitcoin nearly triples its price in 2020 and ends the year close to $29,000 but ether gained 450%. Bitcoin (BTC) trading around $28,963 as of 21:00 UTC (4 p.m. ET), gaining 1.5% over the previous 24 hours. Bitcoin’s 24-hour range: $27,916.63 – $29,280.05 (CoinDesk 20) Bitcoin prices, Dec. 30 – Dec. 31, 2020. …

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FinCEN Wants US Citizens to Disclose Offshore Crypto Holdings of $10K+

The Financial Crimes Enforcement Network (FinCEN), the U.S. Treasury Department wing tasked with monitoring potential legal violations of domestic financial laws, wants Americans to report if they have more than $10,000 in cryptocurrencies with foreign financial or virtual asset service providers. FinCEN announced its intention to amend the Bank Secrecy Act’s Foreign Bank and Financial …

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4 reasons why the top 15 richest Bitcoin wallets still matter in 2021

Transparency is one of the most intriguing aspects of cryptocurrency and it was this openness that drew many early supporters to Bitcoin (BTC).  Blockchain technology makes all information associated with the network’s operation accessible for anyone interested in taking a look. Every known address, transaction, fee paid and other details relating to multisignature and SegWit …

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Chinese Miners Migrate to Nordic Regions, Mining Exec Says Hashrate Migration One of the ‘Biggest Developments’

<div class=”featured_image_container”> </div> <strong>China has the largest concentration of bitcoin miners worldwide with estimates noting the country captures anywhere between 50-65% of the global hashrate. Xinjiang, the autonomous region of the People’s Republic of China, ostensibly accommodates 35% of the hashrate. This week a regional report from China and statements from the head of operations …

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Faulty data? Grayscale didn’t liquidate massive amounts of XRP and XLM

Bybt data apparently showing a massive liquidation of XRP and Stellar Lumen (XLM) by Grayscale Investments earlier this week is inaccurate, according to the investment company. On Wednesday, a public Bybt data set suggested that Grayscale Investments reduced its exposure to XRP by roughly 9.19 million units and that the fund also cut its XLM holdings …

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Microsoft says hackers were able to see some of its source code

As Microsoft continues to investigate the massive SolarWinds attack, the company says it has discovered that its systems were infiltrated “beyond just the presence of malicious SolarWinds code.” In an update from its Security Response Center, Microsoft says that hackers were able to “view source code in a number of source code repositories,” but that …

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SolarWinds hackers accessed Microsoft source code

VCG via Getty Images The hackers behind the SolarWinds attack got deeper access into Microsoft’s systems than the company previously disclosed. The company, which previously confirmed it found compromised code in its system, now says the hackers were able to gain access to its source code.  “Our investigation has, however, revealed attempted activities beyond just …

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Celebrate New Years In VRChat At A Virtual Times Square, Complete With Fireworks And Ball Drop

You can jump into VRChat right now for a digital New Years celebration across the globe. The New Years Eve party is live right now in both the PC version and Quest version of VRChat complete with musical performances, a ball drop, and fireworks. VRChat NYE party is live! Celebrate New Years across the globe …

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