The city will work with Israel’s Colu to roll out belfast coin later in 2019 as part of a plan to galvanize social interaction. Authorities in the United Kingdom city of Belfast have partnered with Israeli cryptocurrency firm Colu to issue their own blockchain-powered token, a press release confirmed on May 8. Colu, which operates […]
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The Canadian mining giant suffered during last year’s “crypto winter” but remains upbeat about the future. Canadian bitcoin (BTC) mining company Hut 8 made almost $50 million in revenue last year but triggered total losses of almost $140 million, according to an annual earnings report released on May 6. Hut 8, which counts itself as […]
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Bogart claimed that the crypto endeavors of social media giant Facebook could result in the cryptocurrency user base doubling or tripling. Blockchain Capital partner Spencer Bogart claimed that the crypto endeavors of social media giant Facebook could result in the cryptocurrency user base doubling or tripling. Bogart made his remarks during an interview with Bloomberg […]
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European crypto exchange Bitstamp hired a former Coinbase and Barclays executive as head of United States operations. European crypto exchange Bitstamp has appointed a former Coinbase executive as head of United States operations, Finance Magnates reports on May 8. Bitstamp, an entrant of the top 50 crypto trading platforms by daily trading volume, has hired […]
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Israeli police and the United States Federal Bureau of Investigation have arrested at least two men and reported others. Israeli police and the United States Federal Bureau of Investigation (FBI) have arrested at least two men and reported others in a takedown of a bitcoin-enabled dark web listings site, the Israeli police force announced in […]
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Crypto markets have evidently tipped into red in the wake of yesterday’s $40 million hack of major exchange Binance. Wednesday, May 8 — having just broken new 2019 highs, crypto markets have tipped into red in the wake of yesterday’s $40 million hack of major exchange Binance. Virtually all of the top 20 cryptocurrencies are […]
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Austria’s Raiffeisen Bank International has announced it will pilot R3’s Corda-powered Marco Polo blockchain network for trade finance. Austria’s Raiffeisen Bank International (RBI) has announced it will pilot R3’s Marco Polo blockchain network for trade finance, according to a press release shared with Cointelegraph on May 8. As previously reported, Marco Polo — which is […]
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The IEO will begin as a private token sale lasting through May 11, with a public phase to follow at Bitfinex’s discretion. Embattled cryptocurrency exchange Bitfinex confirmed it would conduct a $1 billion so-called initial exchange offering (IEO) in a whitepaper issued on May 8. Bitfinex, which faces ongoing legal scrutiny from authorities who accuse […]
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The purported crypto ban represents the latest shaky step for the Indian government. A blow was struck to the crypto community in India in late April as reports circulated regarding a proposed ban on cryptocurrencies. India has a strong and passionate community of crypto enthusiasts, however, their steadfast belief in the value of cryptocurrency does […]
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Chinese cryptocurrency mining giant Bitmain’s hashrate has noticeably dropped in the past 30 days. Chinese cryptocurrency mining giant Bitmain’s hashrate has noticeably dropped in the past 30 days, according to the company’s hashrate disclosure update as of May 7. Per the data analyzing the hashrate of all Bitmain-owned hardware, updated once every 30 days, the […]
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