Crypto advocate Patrick Byrne resigns as CEO of Overstock following rough year in sales. Noted crypto advocate Patrick Byrne resigns as CEO of Overstock. Per a letter of resignation and company statement posted on Twitter Aug. 22, Patrick Byrn will be stepping down as CEO of Overstock. Having led crypto-friendly ecommerce at the company, including […]
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Bitpoint Taiwan, a subsidiary of Bitpoint Japan, claimed $9.4 damages for loss due to overbilling after $32 million hack of parent exchange in July. The Taiwan-based subsidiary of hacked crypto exchange Bitpoint Japan will file a $9.4 million damages suit as it claims to have been overbilled by the parent exchange. Overbilling is ‘clearly’ […]
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Dutch crypto derivatives exchange Deribit launched a block trading tool in partnership with trading comm platform Paradigm. Dutch crypto derivatives exchange Deribit launched a block trading solution in partnership with American trading communication platform Paradigm. World’s first block trading tool for crypto derivatives The institutional block trading solution is reportedly the first one of its […]
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In a mall located in Washington DC, two alleged thieves have been reportedly filmed by security cameras as they stole a Bitcoin ATM. A Bitcoin (BTC) automatic teller machine (ATM) has allegedly been stolen in the United States with the theft caught on tape. Bitcoin ATM theft in the U.S. A Bitcoin ATM has reportedly […]
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Untrusted exchanges still command the lion’s share of global cryptocurrency trading volumes, a new CryptoCompare report reveals. Untrusted exchanges still command the lion’s share of global cryptocurrency trading volumes, a CryptoCompare report published on Aug. 21 reveals. As of July, D-E rated low-quality exchanges represented 64% of trading volume — a staggering $316 billion — […]
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The development of R3’s enterprise blockchain platform Corda is reportedly beset by fundamental disagreements over its core vision, causing frustration and delay. The development of R3’s enterprise blockchain platform Corda is being plagued by fundamental disagreements over its core vision, causing frustration and delay. The claim was made in a report from FT Alphaville on […]
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Samsung-backed blockchain startup Blockco raised $7.5 million in a funding round from Shinhan Bank and KEB Hana among others. South Korean blockchain startup Blockco has secured 9 billion Korean won ($7.5 million) in a recent Series B+ funding round participated by major local banks. Banks continue interest in blockchain Backed by South Korea’s tech giant […]
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Andrew Yang wants to implement blockchain-based mobile voting as President of the United States. Andrew Yang, a 2020 United States presidential candidate in the Democratic Party and blockchain advocate, says he will implement blockchain-based mobile voting as president. According to Yang’s campaign website, Yang believes that Americans should have the option of voting on a […]
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Ikigai researcher notes Bitcoin Days Destroyed metric mimicking behavior immediately before 2017’s record price run Bitcoin (BTC) price has far higher to go during its current market cycle if crowd sentiment takes charge, according to analysis of the Bitcoin Days Destroyed (BDD) technical metric. In social media posts Aug. 22, Hans Hauge, senior qualitative researcher […]
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A social media debate turned prickly after Lee rubbished Schiff’s prediction of a $5,000 gold price. Bitcoin (BTC)price will never make it to $50,000, gold bug and crypto skeptic Peter Schiff has claimed in the latest attack on the largest cryptocurrency. ‘This is hysterical’ In a social media debate on Aug. 20, Schiff, who is […]
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