Been too busy during this shorter work-week? Before you dive headfirst into the long weekend, check out our biggest news headlines from the last seven days:
Bicoin price tops $500 as China fears subside: It had been rumoured for a couple of weeks that People's Bank of China had issued a deadline for all banks in the country to cut-off bitcoin exchanges. The 15th April deadline came and went and it was business as usual, at least for BTC China. The price of bitcoin rose back up past $500 mid-week following this news.
Gyft no longer offering Walmart gift cards: Mobile card provider Gyft was forced to abruptly end Walmart gift card support. The company sent an email to its users informing them it was no longer offering Walmart gift cards. Walmart was one of the most requested retailers on the site, having been added only a few weeks ago on 24th March.
Amazon decides against accepting bitcoin: Amazon is another company that is officially not interested in accepting bitcoin. The company's payments head, Tom Taylor, said Amazon had considered bitcoin, but decided against it. It is possible Amazon may be developing an in-house digital payment service.
Marijuana vending machine accepts bitcoin: Billed as the first of its kind in America, ZaZZZ is a marijuana vending machine that will not be placed behind any sales counters. It was unveiled in Colorado last week and accepts cash, credit or bitcoin.
Wishing all the readers a happy bank holiday (or long weekend as we call it in North America)!
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
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Brazil Moves to Probe Banks After Crypto Exchanges Denied Services
Brazil's antitrust watchdog is investigating whether the major banks in the country worked together to close off access to cryptocurrency services.
The Administrative Council for Economic Defense (
Japan Lost $540 Million to Crypto Hacks in First Half of 2018
After news broke yesterday of yet another hack of a cryptocurrency exchange in Japan, the country's police authority has released figures revealing the rise in such attacks this year.
Coinbase Refutes Claims in New York Attorney General's Exchange Report
A recent report published by the New York Office of the Attorney General (OAG), which claimed several cryptocurrency exchanges it investigated are vulnerable to market manipulation, has drawn backlash
Singapore Central Banker: No Tokens We've Reviewed Need Securities Rules
The Monetary Authority of Singapore (MAS), the city-state's de-facto central bank, believes that no tokens it has seen need to be regulated under its securities laws.
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Messaging Giant LINE Unveils Ambitious Plan for Crypto Token Ecosystem
LINE, the messaging app giant from Japan, has unveiled plans that will see it launch an ambitious, token-powered ecosystem by the end of 2018.
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Crypto Advocate Cody Wilson Charged With Child Sexual Assault
Cody Wilson, founder of the 3-D printed gun company Defense Distributed and cryptocurrency advocate, has been charged with sexually assaulting a minor.
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Crypto Exchange Zaif Hacked In $60 Million, 6,000 Bitcoin Theft
Yet another Japan-based cryptocurrency exchange has been hacked with a loss of total 6.7 billion yen, or $60 million worth of cryptocurrency, including 6,000 bitcoin.
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Coinbase Hires Fannie Mae Executive as Chief Legal Officer
Crypto exchange Coinbase has hired a new chief legal officer in its ongoing push to grow its leadership team.
Brian Brooks, a former executive vice president, general counsel and corporate secretar