Bitcoin is Missing a Key Component for an Upsurge; Institutions are Present but Retail is Missing

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A 5th of Bitcoin is Missing. Crypto Hunters can Help from Wall Street Journal

Newsletter Sign-up [embedded content] In the early 2010s, when bitcoin was trading under $10, some investors were careless with their PINs. (Bitcoin makes up the majority of missing cryptocurrency because it existed before the recent explosion in value, Chainalysis said.

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Bithumb Reveals 11 Cryptocurrencies Lost and Plan to Compensate Customers

South Korean crypto exchange Bithumb has announced the 11 cryptocurrencies stolen in last week’s theft and the amount of each coin missing. A compensation plan has also been unveiled for the equivalent value of the lost coins in an undetermined cryptocurrency.

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Bithumb Expects Actual Losses to Be Lower, Promises Reimbursement to Affected Clients

Earlier this week, the cryptocurrency community was once again dumbfounded when millions of dollars worth of digital coins went missing as hackers successfully breached Bithumb, which is South Korea’s biggest crypto exchange.

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World Refugee Day: How Digital Identities Can Help a Population in Crisis

According to statistics from the United Nations Refugee Agency, there are 25. 4 million refugees in the world and some 3. 1 million asylum seekers. On this year’s World Refugee Day, we’re reminded of the perpetual crises that plague our international communities and the displaced individuals they create.

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Square Cash App Gets Bitcoin Trading License in New York

Square, a payment processing company owned by Twitter CEO Jack Dorsey, has obtained a New York BitLicense. The firm announced the news on Twitter on June 18, 2018. The license grants approval for the company to offer Bitcoin trading services in New York via its Cash app.

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Japanese Syndicate Wallet Hacked, $10 Million Reported Missing

Shopin — a universal shopper profile that delivers personal shopping experiences through retailers’ apps, websites and stores — says one of its token distributors has been hacked and roughly $10 million in a variety of cryptocurrencies has been stolen.

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Cryptomining Applications Suspended in Quebec

Canada’s Quebec province has announced that it will be suspending all approvals for new digital currency-mining projects so officials can consider deeper restrictions and potential energy price hikes.

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