Tech media site Recode reports that crypto exchange Coinbase is in negotiations that could increase the firm’s value to $8 billion. San Francisco-based cryptocurrency exchange and wallet service Coinbase is finishing negotiations that would value the company at $8 billion, technology news site Recode reports Oct. 2. Citing anonymous sources familiar with the matter, Recode […]
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The CEO of decentralized browser Brave, Brendan Eich, has called on members of the U.S. Senate to consider GDPR-like regulations. Brendan Eich, the CEO of decentralized browser Brave, has urged members of the U.S. senate to consider the General Data Protection Regulation (GDPR) as a regulatory model, according to a statement published Oct. 2. In […]
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A recent report by WSJ states that automated trading programs are manipulating cryptocurrency prices. Automated trading programs, or bots, are manipulating digital currency prices on cryptocurrency exchanges, according to a Wall Street Journal (WSJ) report October 2. Automated trading software is a program that allows traders to set specific rules for both trade entries and […]
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The only Bitcoin investment trust in the U.S. has seen its net asset value hit its lowest point since the BTC price surge last year. The “lone” Bitcoin (BTC) investment trust in the U.S., Grayscale Bitcoin Investment Trust (GBTC), has seen its net asset value hit the lowest point since the BTC price surge of […]
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San Francisco-based crypto exchange Coinbase has hired on Charles Schwab board member Chris Dodds. Chris Dodds, who serves on the board of directors of the Charles Schwab Corporation, has joined cryptocurrency exchange Coinbase‘s board of directors, according to an announcement published October 2. The Charles Schwab Corporation is a brokerage, banking and financial advisory services […]
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Blockchain tech incubator Binance Labs has made a “multi-million” dollar investment in a startup which aims to build a decentralized digital content ecosystem. Binance Labs has reportedly invested millions of dollars in decentralized digital content ecosystem Contentos, according to a press release published October 1. Founded by the largest cryptocurrency exchange Binance, Binance Labs is […]
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The Bank of America has estimated that blockchain could be a $7 billion market and provide a major boost to corporate giants such as Microsoft and Amazon. The Bank of America (BoA) has estimated that blockchain could be a $7 billion market and provide a major boost to corporate giants such as Microsoft and Amazon, […]
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Driverless cars are indeed coming to roads soon enough — the U.K.’s transport secretary, in fact, recently predicted that those vehicles would appear there within four years. Even so, it might be autonomous trucks — as in semi-trailer trucks that haul freight — that hit the highways in greater numbers initially, perhaps having a quicker impact […]
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Welcome to The Axis, your late look at payments news from around the world. Coverage includes Marks & Spencer’s roll out of its “Mobile, Pay, Go” service in the U.K. In addition, Malaysia’s CIMB Bank is bringing multi-QR terminals to merchants, and First Abu Dhabi Bank (FAB) is using sound waves in a payment system. The […]
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The manipulation of cryptocurrencies is getting attention from regulators who have been warning that these digital tokens, and the exchanges they are traded on, could be vulnerable to price manipulation. The Wall Street Journal, citing the New York Attorney General Barbara D. Underwood, reported in September that the AG issued a report warning about the […]
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