Cryptocurrency travel website Travala.com saw a 45.8% increase in the total number of room nights booked in May compared to April. According to a June 1 announcement, Travala.com also saw its monthly revenue increase by 205% in May compared to April. Still, while the platform is seeing more traction compared to April, May also saw […]
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The CEO of Kingdom Trust, a Bitcoin-friendly custodian managing more than $13 billion in assets, believes Bitcoin comprises a digital realization of Austrian economics. The chief executive of crypto-friendly $13 billion custodian Kingdom Trust, Ryan Radloff, sees Bitcoin (BTC) as a manifestation of Austrian economics. In an interview with Cointelegraph, Radloff said that he first […]
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The co-founder of pioneering crypto wallet BRD attributes his company’s Venezuelan success to local demand for crypto driven by failing monetary policy. Despite once ranking as the fourth-most popular app in Venezuela, pioneering crypto wallet provider BreadWallet, or BRD, attributes its success in the country to local demand for crypto assets. Speaking with Cointelegraph on […]
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The immutability of blockchain ledgers and smart contracts have a “dark side,” argues UPenn professor Kevin Warbach. Blockchain technology crystallizes the rise of “algorithmic power” that today presents a major challenge to traditional forms of sovereignty, legal authority and state-led governance. So goes the argument in a new post for the Oxford University Faculty of […]
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The past few years have seen a glut of cryptocurrency exchanges becoming insolvent. But what legal rights do their customers have with regards to the return of their held assets? A paper recently published by the Law Faculty of the University of Oxford examines the legal risks of depositing cryptocurrency with custodians in the event […]
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The operator of an alleged seven-figure crypto scam appears to have fled the country of South Africa for Mozambique. Willie Breedt, a South African accused of stealing seven-figures from local investors through his VaultAge Solutions scheme, is believed to have fled the country for Mozambique. The story was reported by News24 on May 29, citing […]
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Ethereum Classic performed its scheduled upgrade to bring Ethereum’s Istanbul features to the classic chain, making the two protocols fully compatible with each other. Ethereum Classic, the twin sibling of the Ethereum network, performed its scheduled Phoenix hard fork on May 31, which included features from Ethereum’s earlier Istanbul fork. The upgrade means that the […]
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World-leading mining hardware producer Bitmain launched its new Antminer T19 Bitcoin Mining ASIC. World-leading mining hardware producer Bitmain launched its new Antminer T19 Bitcoin Mining application-specific integrated circuit (ASIC). According to a June 1 announcement, Bitmain’s new Antminer T19 features a SHA256 hash rate of 84 terahash/second with a 3% error margin and a power […]
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Tether has integrated the just-launched OMG Network Plasma sidechain, formerly known as OmiseGo, promising cheaper transactions as Ethereum’s fees skyrocket. Bitfinex’s Tether (USDT) stablecoin is now available on the OMG Network, a plasma-based Ethereum sidechain launched on June 1 by the project formerly known as OmiseGo. The integration, also announced on June 1, marks the […]
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Famed pop music video director Joseph Kahn has announced that cryptocurrency trading is his new favorite hobby. Joseph Kahn, a music video director who has worked for the world’s leading pop stars for over two decades, has announced that trading crypto assets is his new favorite hobby. After claiming to have spent the past month […]
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