Bithumb used a third-party accounting firm to assess its holdings after losing funds to what it suspects was a company insider. South Korean cryptocurrency exchange Bithumb has conducted a professional external audit of its funds after a major hack last month, the company confirmed in a statement on April 11. Bithumb, South Korea’s largest exchange, […]
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A host of crypto industry critics have weighed in on the potential drawbacks of so-dubbed initial exchange offerings. A host of crypto industry critics have weighed in on the potential drawbacks of so-dubbed initial exchange offerings (IEOs) — a crypto exchange-hosted alternative to the original model of an initial coin offering (ICO). Their views were […]
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Users of MakerDAO (MKR) look set to raise the stability fee for the DAI stablecoin by 4%. Users of Decentralized Autonomous Organization (DAO) MakerDAO (MKR) look set to raise the stability fee for Maker’s DAI (DAI) stablecoin by a further 4%, in the fifth such vote this year. An ongoing governance poll, due to close […]
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The partnership research scheme with Taekion is entering its second phase, focusing on blockchain’s role in preventing cyberattacks. A blockchain project sponsored by the United States government aiming to bolster power plant security has entered its second phase, participants confirmed in a press release on April 10. The project, principally a partnership between the U.S. […]
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IMF managing director Christine Lagarde has said that blockchain innovators are having a clear impact on incumbent players. International Monetary Fund (IMF) managing director Christine Lagarde has said that blockchain innovators are shaking the traditional financial world and having a clear impact on incumbent players. Lagarde made her comments in an interview with CNBC on […]
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The company’s WISeCoin spin-off plans to raise a total of around $17.5 million in the upcoming token offering. A subsidiary of Swiss cybersecurity and blockchain firm WISeKey has raised $7 million in an pre-funding round prior to launching a security token offering (STO), the company confirmed in a press release on April 11. WISeCoin, which […]
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Coinbase has launched Coinbase Card, which enables its U.K.-based customers to make purchases with cryptocurrency. Major American cryptocurrency exchange Coinbase has launched Coinbase Card, that enables its United Kingdom-based customers to pay in-store and online with cryptocurrency. The development was announced in a blog post published on April 10. The Coinbase Card is a Visa […]
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Bittrex has responded to NYDFS’ denial of the company’s BitLicense application, expressing disappointment and disagreement. United States-based cryptocurrency exchange Bittrex has responded to the New York Department of Financial Services’ (NYDFS) denial of the company’s BitLicense application in a press release published on April 10. Earlier today, NYDFS denied Bittrex’s application for a BitLicense — […]
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CEOs of leading banks testified before the U.S. House Financial Services Committee about how the industry has transformed since the 2008 financial crisis. Chief executive officers of leading banks testified before the United States House of Representatives Financial Services Committee on April 10 on how the banking industry has transformed since the 2008 financial crisis. […]
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A recent report claims that Tron has the fastest growing DApp user base while Ethereum’s DApp user base is shrinking. A report released on April 9 by DApp (Decentralized Application) analytics website DApp.com reveals that Tron (TRX) has the fastest growing DApp user base while Ethereum’s (ETH) DApp user base is shrinking. On the Ethereum […]
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