Following Coinnest’s closure, South Korea’s bitcoin trading volumes reached an all-time high on LocalBitcoins. Bitcoin (BTC) trading volumes in South Korea have recently reached new levels on peer-to-peer (P2P) exchange LocalBitcoins, according to charts on BTC statistics service Coin Dance. According to the data, bitcoin weekly trading volumes have surged over the past two weeks, […]
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Following research claiming that 95% of volume on unregulated exchanges is fake, Bitwise clarified that it does not impact BTC’s price. American crypto investment manager Bitwise released a paper claiming that fake trading volumes by crypto exchanges do not impact bitcoin’s (BTC) price. Released on May 24, the white paper is an extended version of […]
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Can a possible government shutdown of cryptocurrency mixers lead to the development of more censorship-resistant avenues? On May 22, 2019, cryptocurrency mixers (also called tumblers) were front and center on the news cycle, following reports of European authorities shutting down one such service. Law enforcement officials involved said the action was necessitated by reports on […]
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More on CoinMarketCap’s plan to fight fake volume reporting. Recently, CoinMarketCap (CMC), arguably the industry’s best-known cryptocurrency market data service, announced an initiative to provide “greater transparency, accountability, and disclosure from projects in the crypto space.” The move followed recent reports on fake volume data and wash trading among cryptocurrency exchanges that were published last […]
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sponsored A multicurrency digital wallet has announced that it has fully integrated Apple Pay into its app, opening new payment options for users. A multicurrency digital wallet that enables consumers to store crypto and spend their funds at more than 40 million outlets worldwide has fully integrated Apple Pay. Spend says the latest version of […]
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Facebook has registered a new fintech firm that will center on blockchain, payments, data analytics, and investing. Social media giant Facebook has apparently formed a new financial tech firm, Libra Networks LLC, according to a filing on the Geneva Commercial Register. Libra Networks was registered in Geneva on May 2 by Facebook Global Holdings II LLC. […]
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Bitstamp executed a large sell order on a BTC/USD trading pair, which resulted in a 20% bitcoin price decline on the platform. Major crypto exchange Bitstamp has launched an investigation after a large bitcoin (BTC) sell order heavily impacted its order book, as the firm announced in a tweet on May 17. Bitstamp reported an […]
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Big Four auditing firm KPMG has identified the top four skills needed for a blockchain-related career. Big Four auditing firm KPMG has identified the top four skills needed for a blockchain-related career, in a press release shared with Cointelegraph on May 16. KPMG suggests that an increasing number of companies will investigate blockchain technology this […]
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Despite controlling a third of ether’s circulating supply, whales are responsible for just 7% of all transaction activity. A third of the world’s ether (ETH) is owned by just 376 people, according to Chainalysis research published on May 15. Despite controlling a large portion of ETH’s circulating supply, the study found these “whales” are responsible for […]
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U.S.-based holding company Fidelity Investments is seeking talent for its digital assets wing, Fidelity Digital Assets. American investment management company Fidelity Investments is seeking talent for its digital asset wing, Fidelity Digital Assets, according to the company’s job offer listing. Fidelity is looking for nine professionals in fields ranging from analytics and data engineering to […]
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