“CoinJoins,” where crypto transactions are mixed to deliver anonymity to senders, have risen by 300% in the past nine months, data shows. Mixed cryptocurrency transactions now represent 4.09% of all bitcoin (BTC) payments, according to data published by Longhash on April 29. So-called “CoinJoins” have risen by 300% in the space of nine months. By blending multiple transactions […]
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All but one top 20 coins by market cap are in green, with litecoin seeing the biggest gains of around 7%. Tuesday, April 30 — following another decline yesterday, crypto markets again reversed to gain momentum upwards, with all but one top 20 coins by market cap in the green. Having skyrocketed more than 18% […]
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Digital currency mining hardware market is set to expand by 2023, according to a report from market research firm Reportlinker. Digital currency mining hardware market is set to expand by 2023, according to a report from market research firm Reportlinker published on April 29. Per the analysis, the rising number of product launches will facilitate […]
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Three blockchain-focused firms are among the latest 29 companies accepted into the U.K. financial watchdog’s regulatory sandbox. The United Kingdom’s Financial Conduct Authority (FCA) has allowed three blockchain-based businesses to join the latest cohort of its regulatory sandbox, the organization announced on April 29. Diro Labs is one of the blockchain-driven companies accepted by the FCA for performing […]
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Crypto payment services firm BitPay has partnered with tax-related financial products company Refundo to enable people to get a portion of their tax refund back in bitcoin. Cryptocurrency payment services firm BitPay has partnered with tax-related financial products company Refundo to enable people to get a portion of their tax refund back in bitcoin (BTC). […]
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The news follows removal of suggestions Tether had full fiat backing, while a fresh legal case rumbles on. The company behind USD stablecoin Tether (USDT) only has enough cash to back three-quarters of its increasing supply, its lawyers confirmed in documents released on April 30. As part of an ongoing legal process involving the New […]
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American population has become more aware of bitcoin in terms of six key aspects, such as familiarity, conviction, and others. 11% of the American population owns the major cryptocurrency bitcoin (BTC), according to a new survey published by Spencer Bogart of venture capital firm Blockchain Capital on April 30. Blockchain Capital partner Bogart today posted […]
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Volatility in crypto prices have been regarded as a big hurdle for mainstream adoption. Stablecoins could be a way of eliminating such erratic fluctuations. Can stablecoins achieve true decentralization? Certain providers believe they have struck a compromise. Some stablecoin advocates are concerned that pegging a cryptocurrency directly to the U.S. dollar means that it must […]
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Dave Ramsden said that crypto assets are too volatile to be a store of value. Dave Ramsden, deputy governor of the United Kingdom’s central bank, has said that crypto assets are too volatile to be a store of value. Ramsden made his comments in an interview with CNBC published on April 30. Bank of England […]
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Following media reports in late April, Chicago-based cryptocurrency exchange ErisX has launched spot trading. Chicago-based crypto exchange ErisX has officially announced the public launch of its spot market, the firm tweeted on April 30. The ErisX spot exchange is the first part of the company’s development of a single platform that will represent both a […]
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