Social media giant revealed to be rather close to creating its own crypto token. Over the past few months, it appeared that Telegram has been comfortably leading the clandestine race between major social platforms that have been quietly working on their native crypto tokens, with its Telegram Open Network (TON) making strides toward its October […]
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Executives compared the launch to the 1969 moon landing after Bakkt faced multiple delays due to compliance issues. Institutional cryptocurrency platform Bakkt will begin testing its first product, physically-delivered bitcoin (BTC) futures on July 22, the company announced in a blog post on June 13. Bakkt, which has seen multiple delays over regulatory compliance since […]
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Blockchain software startup R3 revealed that it is developing a blockchain platform in Brazil with Bradesco, Itau and B3. Blockchain software consortium R3 revealed that it is developing a blockchain platform in Brazil with banks Bradesco, Itau and B3, Cointelegraph Brazil reported on June 12. The R3 Consortium — which is composed of large banks […]
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Chaos at the headquarters of MakerDAO: Why have some key members left the company, while others hired a lawyer? In the crypto industry, there are many examples of how a conflict of interest has led to a company split. Perhaps, the largest ones are the forks of bitcoin (BTC), bitcoin cash (BCH) and the Ethereum […]
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Merrill Lynch had informed FINRA about Kyung Soo Kim failing to tell bosses about his mining activities, which flouted rules. The United States regulatory body, the Financial Industry Regulatory Authority (FINRA), has charged one of Merrill Lynch’s staff $5,000 for mining cryptocurrency. Documents dated June 10 confirm the fine. According to the “letter of acceptance, […]
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United States-based bitcoin-supporting payments service Square Crypto announced that it recruited former Google product director Steve Lee. United States-based bitcoin (BTC)-supporting payments service Square Crypto announced that it recruited former Google product director Steve Lee in a tweet published on June 12. Square Crypto was announced in March of this year when the organization joined […]
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The half a million traditional traders that use the Reuters and Bloomberg financial terminals will now have access to the index. The half a million traditional traders that use the Reuters and Bloomberg financial terminals will now have access to an index for the 100 strongest-performing cryptocurrencies and tokens. The terminals’ support of the “CIX100” […]
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The exchange’s co-founder called the move a regulatory play following the turmoil at affiliated platform Bitfinex. Cryptocurrency exchange Ethfinex, the sister exchange of Bitfinex, has launched a test decentralized autonomous organization (DAO), the company confirmed in a blog post on June 12. Ethfinex — which earlier this month launched a decentralized over-the-counter (OTC) trading platform […]
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The former deputy governor of South Korea’s financial regulator has been nominated to lead the Korea Blockchain Association. The former deputy governor of South Korea’s financial regulator, the Financial Supervisory Service (FSS), has been nominated to lead the Korea Blockchain Association. The news, revealed by the association on Monday, was reported by local English-language daily […]
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Precious metals streaming company Wheaton Precious Metals will use blockchain technology to facilitate its metal accounting processes. Precious metals streaming company Wheaton Precious Metals (WPM) will use blockchain technology to facilitate its metal accounting processes, mining.com reported on June 12. WPM has reportedly hired software company Blockhead Technologies to deploy its blockchain-based platform STAMP to […]
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