Ethereum Co-Founder: Hopefully We Can Interoperate With China’s Crypto

Consensys founder Joseph Lubin said that he hopes China’s digital currency will be interoperable with Ethereum and other public and open-access blockchains. Ethereum co-founder and founder of Consensys, Joseph Lubin, said that he hopes China’s Central Bank Digital Currency (CBDC) will allow for interoperability with public permissionless blockchains, including Ethereum. Ethereum is “a very positive virus” Lubin made his remarks during an interview with Forbes published on Nov. 9. He explained: “I assume it is going to be exactly what Chinese leadership thinks is most beneficial to Chinese leadership. Hopefully…

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Corrupt CBI Officer Booked for Extorting Vigilante Bitcoiner

India’s Central Bureau of Investigation (CBI) has reportedly booked its own officer in an extortion case involving bitcoin. The target was a man who previously fell victim to the Bitconnect scam and allegedly resorted to extreme measures to recoup his money. Also read: China Now Censors Anti-Blockchain Sentiment, Educates Public on Bitcoin Extorted by CBI Officer The CBI has reportedly booked its own officer, inspector Sunil Nair, for allegedly extorting Rs 5 crore (~$700,506) from Shailesh Bhatt, an Indian businessman from Gujarat, local media reported on Friday. According to the…

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Bobby Lee: $500K Bitcoin Price ‘Flippening’ of Gold Will Come by 2028

A price of $500,000 is easily in reach within the next nine years, says the BTCC co-founder, with $1 million possible afterward. Bitcoin (BTC) will surpass the market cap of gold and could ultimately be worth $1 million, well-known industry figure Bobby Lee has said.  In a series of tweets on Nov. 10, Lee, who co-founded Chinese cryptocurrency exchange BTCC and now runs a Bitcoin wallet startup, became the latest voice in the expanding debate on Bitcoin versus gold.  Lee: BTC market cap to hit $8 trillion Gold’s market cap…

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