The teenager accused of hacking the accounts of important businessmen, companies and politicians on Twitter Graham Clark, reveals that he has more than 300 BTC in his possession. On the other hand, China plans to displace Alibaba's dominance in digital payment systems with its new digital currency. These news and more in this practical summary so that you are always aware of the most recent events occurring within the crypto world.
(I.e. Graham Clark, the 17-year-old teenager accused of being the main hacker behind the Twitter attack, has a wallet in his possession with more than 300 BTC, which according to his lawyer, he owned before the attack on the social network. Based on Clark's conduct, prosecutors allege that this is bitcoins obtained illegally, although his lawyer points out that the young man was the subject of an investigation last year, where the BTC under his ownership and a sum of cash were confiscated, but that the authorities later returned a large part of the confiscated funds. . Graham Clark faces a fine of $725.000 USD for sponsoring the attack, while the funds in his possession are equivalent to about $3.371.000 USD, based on the price of Bitcoin at the time of this publication.
(I.e. Un report de Financial Times point out some of the development plans that China has with the implementation of the CBDC of the digital yuan. The Asian giant aims to create a digital currency with global reach to overcome the dominance currently held by multinationals. Alibaba y Tencent, who control around 56% of the total transactions carried out in the country through digital payment systems, a fact that undoubtedly reduces the dominance and power of Chinese banks. For this reason, the Central Bank of China is preparing a powerful strategy through the CBDC, with which it seeks to create and implement a new economic model within the country, and then spread throughout the world. To date, more than 20 companies have joined the pilot tests of the new currency, including the transportation company DiDi and the technology giant Huawei.
(I.e. For its part, Bitcoin closed the month of July with excellent news for users and investors. The cryptocurrency is maintaining a sustained price that exceeds $11.000 USD per unit (As of the date of this publication, the price of Bitcoin is around $11.250 USD). For their part, several experts, including, Brad Garlinghouse, CEO of Ripple, point out that the value of Bitcoin strengthens as the dollar loses stability. Although, for his part, GlassNode warns of a possible drop in the value of the cryptocurrency that may be induced by the decline in macromarkets. According to the firm, the fall in shares can stop the bullish trend that Bitcoin is currently experiencing.
📍Paxful, exchange for the exchange of cryptocurrencies and digital assets announced that would close the accounts of those users who market the Petro, the digital currency launched by the government of Venezuela. According to Paxful's announcement, the exchange must comply with regulations set by the United States Department of the Treasury, which expressly prohibit using the digital currency to conduct commercial operations. Paxful's move adds to the prohibition to use Banco de Venezuela accounts to make or receive transactions within the exchange.
(I.e. The online travel multinational, Booking Holdings, signed a new agreement with Travale through Agoda, to implement payments with cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB) y AVA, Travala's cryptocurrency. The new agreement allows tourists to make reservations with cryptocurrencies in more than 600.00 hotels registered with Agoda worldwide. Good news for travelers who want to use their bitcoins.
Continue reading: Swiss State Bank prepares to offer services with cryptocurrencies and digital assets
