SBI will consult with a mining electronics entrepreneur Adam Traidman after forming SBI Mining Chip Co., Ltd. Japanese financial giant SBI Group has created a dedicated subsidiary that will manufacture cryptocurrency mining chips, the company confirmed in a notice on March 22. SBI, which has launched spin-offs covering various aspects of the cryptocurrency industry, now […]
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Two major crypto exchanges — Singapore-headquartered Huobi Global and Malta-based OKEx — have announced their support for the Tron-based version of stablecoin USDT. Two major crypto exchanges — Singapore-headquartered Huobi Global and Malta-based OKEx — have announced their support for the Tron-based version of stablecoin Tether. The developments were announced in two official announcements, both […]
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Using blockchain for biometric tracking would be the technology’s killer app in the travel security sector, a representative from the U.S. Customs and Border Protection has said. Using blockchain for biometric tracking would be the technology’s killer app in the travel security sector, according to a representative from the United States Customs and Border Protection […]
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The significant valuation was leaked to the media following Bakkt’s 2018 Series A funding activities. Intercontinental Exchange’s to-be-launched institutional trading platform Bakkt has earned a $740 million valuation after it raised over $180 million in funding last year, anonymous sources told cryptocurrency industry news outlet The Block on March 21. Bakkt, which has yet to […]
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The former operator of now-shuttered crypto exchange BTC-e, Alexander Vinnik, has lodged an appeal with a Piraeus court for his release or extradition to Russia. Former operator of now-shuttered crypto exchange BTC-e, Russian national Alexander Vinnik, has appealed with a Greek court for his release or extradition to Russia, local media outlet Kathimerini reported on […]
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U.S. prediction market startup and hedge fund Numerai raised $11 million in an ICO to launch its Erasure project. American prediction market startup and hedge fund Numerai (NMR) has raised $11 million in an initial coin offering (ICO) to launch its project Erasure, Numerai tweeted on March 21. Introduced in late 2016, Numeraire network provides […]
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Cryptocurrency markets have seen a decline on the day, with most top coins hovering in the red and Bitcoin trading around $4,000. Thursday, March 21 — Most of the top 20 coins by market capitalization are in the red, showing slight losses on the day, down from one to four percent. Market visualization from Coin360 […]
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Logistics giant UPS and e-commerce tech firm Inxeption have launched a blockchain platform aimed to improve merchant supply chains. Major American postal carrier UPS and e-commerce technology company Inxeption have jointly rolled out a blockchain-powered platform to improve merchant supply chains. The development was announced in a press release published on March 21. The new […]
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Leading crypto mining hardware producer Bitmain is reportedly planning to install 200,000 units of mining equipment in China to benefit from cheap hydroelectric power. Cryptocurrency mining giant Bitmain is reportedly planning to set up 200,000 units of mining equipment in China to benefit from low-cost hydroelectric power in the country, crypto media outlet CoinDesk reported […]
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Ethereum co-founder Vitalik Buterin says that strong ether prices are important both for network security and the wider ecosystem’s development. Ethereum (ETH) co-founder Vitalik Buterin says that high ether prices are important both for network security and the wider ecosystem’s development. Buterin made his remarks during an interview for Laura Shin’s crypto-focused “Unchained,” hosted at […]
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