South Korean crypto exchange Coinnest has begun to terminate its services as of April 16, stating it has struggled to cope with changes in the crypto and blockchain industry. South Korean crypto exchange Coinnest has begun to terminate its services as of April 16, according to a pop-up announcement on the platform’s official website. Notification […]
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The $850 million clinched this year so far puts the industry on course to beat its 2018 levels. Venture capital investment in cryptocurrency and blockchain startups will likely set a new all-time high in 2019, Reuters reported on April 17, quoting figures from market data provider PitchBook. Following on from the $2.4 billion in funding […]
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France’s Minister of State for the Digital Sector says he is open to cooperating with crypto exchanges to enable crypto donations for the reconstruction of the Notre Dame cathedral. France’s Minister of State for the Digital Sector, Cédric O, has said he is open to cooperating with cryptocurrency platforms to enable crypto donations for the […]
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Binance’s Q1 2019 profits beats the previous quarter by 66%, with large-scale investors increasingly active. A huge surge in over-the-counter (OTC) trading popularity drove major cryptocurrency exchange Binance’s $78 million Q1 profits, crypto news outlet Decrypt Media reported on April 17. Speaking in an interview, CFO Wei Zhou said OTC, which is a method of […]
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The U.S. federal government is expected to raise its blockchain spending to $123.5 million by 2022 — an over 1,000% increase from 2017. The United States federal government is expected to raise its blockchain spending to $123.5 million by 2022 — an over 1,000% increase as compared with the $10.7 million it spent in 2017. […]
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Japan’s Financial Services Agency will reportedly introduce new rules regarding cold wallets for storing cryptocurrencies. Japan’s Financial Services Agency (FSA) will reportedly introduce new rules regarding cold wallets for storing cryptocurrencies at crypto exchanges, Reuters reported on April 17. Citing a source familiar with the matter, Reuters reports that the country’s financial regulator will reportedly […]
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Law firms are reportedly having trouble keeping up with cryptocurrency and blockchain industry demands for lawyers. Demand for legal experts with blockchain technology knowledge is high, according to Major, Lindsey & Africa managing director Brian Burlant, who recruits for law firms and in-house legal departments. The news was published by legal news and information site […]
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The Winklevoss twins and Charlie Shrem have agreed to end a long-running legal fight over 5,000 missing bitcoins after reaching a confidential settlement. Cameron and Tyler Winklevoss have reached an agreement with bitcoin (BTC) entrepreneur Charlie Shrem to end a lawsuit the twins filed against Shrem last year. The news was revealed in court documents […]
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The Pakistani prime minister has conducted a meeting dedicated to digitization of government operations. The prime minister of Pakistan has conducted a meeting dedicated to the digitization of government administration, local Egnlish language news outlet The News reported on April 17. At the meeting, Pakistani Prime Minister Imran Khan reportedly addressed such issues as digitization […]
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Major American cryptocurrency exchange and wallet provider Coinbase has expanded its crypto-to-crypto trading to more countries. Major American cryptocurrency exchange and wallet provider Coinbase has expanded its crypto-to-crypto trading to more countries, according to a blog post published on April 17. Coinbase and its professional trading platform Coinbase Pro have introduced crypto-to-crypto conversions and trading […]
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