Fledgling merchant network Crypto.com wants to expand the scope of its offerings using ex-PayPal exec Tyson Hackwood’s expertise. Hong Kong-based cryptocurrency payment platform Crypto.com has hired a former PayPal executive, the company confirmed in a press release Dec. 11. Tyson Hackwood will join the crypto firm as its senior vice president and head of global […]
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Samsung has refuted it plans to offer a crypto cold wallet on its Galaxy S10 smartphone. Samsung has refuted rumors that it has plans to offer a cryptocurrency cold wallet on its Galaxy S10 smartphone, in comments to Cointelegraph Dec. 11. The Korean-headquartered transnational tech conglomerate had recently filed three E.U. trademarks for blockchain- and […]
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Amid the cryptocurrency market crash, even the newest ASIC crypto mining rigs are struggling to seal profits for their operators. Amid the cryptocurrency market crash, even the newest crypto mining machines are struggling to seal profits for their operators, according to real-time data published by mining profitability data site ASICMinerValue.com (AMV) today, Dec. 11. AMV […]
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There have been rises of 1,950 percent in a year, and falls of 50 percent in a day. Here’s a look at the turbulent history of cryptocurrency. November 2018 What is it about Novembers? Over the course of 2018, Bitcoin has had an annus horribilis — with prices tumbling by more than 83 percent when […]
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Ex-chief economist of the IMF and Harvard University Professor of Economics and Public Policy Kenneth Rogoff has characterized Bitcoin as “a lottery ticket.” The former chief economist of the International Monetary Fund (IMF) has characterized Bitcoin (BTC) as “a lottery ticket,” in an article for major United Kingdom daily broadsheet The Guardian Dec. 10. Writing […]
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The cryptocurrency VC fund has become the latest to pile into the neo-banking sector. Cryptocurrency-focused merchant bank Galaxy Digital and Block.One have led a $30 million Series A investment round in U.S. neo-banking platform Good Money. The news was confirmed by a press release Dec. 10. Aiming to balance user ownership with part donation of […]
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Blockchain browser Brave will be pre-installed on HTC’s blockchain browser, supporting cryptocurrency networks. Decentralized browser Brave is now the default browser on a phone from major smartphone manufacturer HTC, technology news outlet CNET reported Dec. 10. Founded in 1997, HTC is a Taiwanese consumer electronics manufacturer, which was the leading smartphone vendor in the U.S. […]
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Major Korean crypto exchanges have arranged a crypto regulation debate in the National Assembly, discussing Anti-Money Laundering policies and customer protection. South Korea’s representative body, the National Assembly, has held a crypto regulation debate arranged by major local cryptocurrency exchanges, IT media oulet ZdNet Korea reports Monday, Dec. 10. According to local business outlet Financial […]
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A recent analysis by Diar has found that stablecoins are becoming more widely adopted, seeing significant growth in on-chain transactions. According to analysis by research firm Diar published Dec. 10, the adoption of stablecoins is growing based on the increasing number of on-chain transactions. Per Diar, four major stablecoins to date — USDC, True USD […]
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The UNICEF Innovation Fund will invest $100,000 in six international firms to develop blockchain-based projects. The UNICEF Innovation Fund is investing $100,000 in six companies for developing blockchain projects, according to an announcement published Dec. 10. The UNICEF Innovation Fund was launched specifically to finance early stage and open-source technology that can benefit children. The […]
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