The crypto markets are seeing mixed, mild signals, while Bitcoin manages to stay above $3,600 for the second day in a row. Saturday, Feb. 9 — as Coin360 data shows, major cryptocurrencies are facing a mix of mild gains and losses, following a major market surge since yesterday. Bitcoin (BTC) is holding steady above the […]
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Bakkt, a digital asset platform operated by the NYSE’s parent company, finalizes the acquisition of assets from futures commission merchant Rosenthal Collins Group. Bakkt, the much-anticipated digital assets platform operated by the Intercontinental Exchange (ICE), has closed its first acquisition, a tweet from the company revealed Feb. 8. The move marks the finalization of an […]
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The government of Seoul has sent letters of appointment to its recently launched Blockchain Governance Team set to explore blockchain deployment in administration services. The Seoul Metropolitan Government, South Korea, has issued letters of appointment to its Blockchain Governance Team set to integrate blockchain technology with the city’s administration services. The news was announced by […]
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The apparently fraudulent website failed to scam crypto investors after announcing a fake additional funding round in BTC. A new Bitcoin (BTC) scam website representing digital assets platform Bakkt has appeared on the internet, with its domain “bakktplatform.io” registered on Jan. 31. The fake Bakkt website claims that the launch of the platform will take […]
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The Philippines has issued new rules affecting the acquisition of crypto assets, including utility and security tokens The Philippines has introduced a new set of rules governing Digital Asset Token Offering (DATO), according to a press release published by the Asia Blockchain and Crypto Association (ABACA) on Feb. 4. The new regulations released by the […]
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Huobi.com is launching fiat-crypto trading services, with initial support for three USD-crypto trading pairs. Huobi.com, the United States-based partner of Singapore-headquartered crypto exchange Huobi, is launching fiat-crypto trading services, with initial support for three USD-crypto trading pairs. The development was revealed in a press release shared with Cointelegraph on Feb. 5. Huobi.com is operated by […]
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Social media giant Facebook has reportedly acquired a blockchain startup, marking an apparent first for the company. Social media network Facebook has reportedly acquired Chainspace in its first apparent blockchain-related acquisition, Cheddar reports on Feb. 4. Sources purportedly told Cheddar that Facebook acquired Chainspace, a small blockchain startup, in an ‘acquihire,’ or an acquisition of […]
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One of Canada’s top crypto exchanges, Coinsquare, is reportedly laying off almost 30 percent off its staff. One of Canada’s top crypto exchanges, Coinsquare, is reportedly laying off almost 30 percent off its staff, including its chief financial officer (CFO) and chief operating officer (COO). The news was reported by Canadian startup and technology news […]
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More and more crypto companies are taking the route of a reverse IPO, but will it pay off? In a transaction that has all the hallmarks of a reverse initial public offering (IPO) — also called a reverse merger — OKC Holdings Corp., which is the parent company of OKCoin and OKEx (the world’s second-largest […]
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The New York State Department of Financial Services has granted a BitLicense to a Bitcoin ATM operator, Cottonwood Vending LLC. The New York State Department of Financial Services (NYDFS) has granted a virtual currency license, or BitLicense, to Cottonwood Vending LLC, according to an official tweet on Jan. 31. Cottonwood Vending is a Bitcoin (BTC) […]
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