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Bitcoin Daily: Lloyd’s Now Covers Crypto In eWallets; U.S. Treasury Adds Hacker Bitcoin Addresses To Blacklist

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Lloyd’s of London , the insurance firm, is supporting a new policy that protects digital currency held in digital wallets from hackers, Coindesk reported on Monday (March 2). The policy is reportedly a new insurance type that has a limit that changes with the price fluctuations of covered digital currency assets.

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Thanks To Ransomware, Bitcoin Leaves A Bad Taste In Corporates’ Mouths

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The last several years have seen a surge in efforts among the cryptocurrency community to legitimize the technology. Once seen as a tool for the dark web and black markets, cryptocurrencies like bitcoin now want to be a part of the broader economy. Rather, it’s to pay off a cyberattacker.

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Can Crypto Power Tourist Cities, Block By Blockchain?

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SWT International Sdn Bhd, an investment network, and China Wuyi, a construction and engineering firm, jointly rolled out the government-supported effort. China is hardly the only player looking to create so-called crypto cities: In Nevada, a digital currency millionaire is aiming to build a blockchain-based community.

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Treasury To Add Certain Cryptocurrency Addresses To Sanctions List

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Treasury Department revealed it could add cryptocurrency addresses to its list of sanctions if it’s able to link the cryptocurrency addresses with people who are blacklisted. OFAC’s digital currency address listings are not likely to be exhaustive.