Fast transaction speeds are an untapped opportunity for those who want to accelerate profits this year. Crypto markets move at the speed of light, but many financial institutions today are still using cumbersome cold storage and hardware wallets — the most well-known digital asset security methods — to secure their coins. However, institutions are realizing […]
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A Baidu senior engineer has been jailed for three years for mining $14,000 worth of Monero on company servers. An engineer at Baidu, China’s equivalent to Google, has been jailed for mining Monero on around 200 of the company’s servers. According to a March 16 report by local media outlet, Abacus News, the employee eventually […]
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Stocks had their worst opening ever today but Bitcoin price has bounced from its daily lows and now looks to establish a foothold for a relief rally. The equity markets in the United States just had the worst opening ever as trading was halted within seconds and indexes dropped by 12% percent. Not only was […]
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Experts believe that BitMEX’s lack of transparency during the recent outage caused investors to lose some confidence in the exchange. On March 13, trading giant BitMEX was thrust into the middle of a controversy that saw the premier exchange face an operational outage that lasted for about 25 minutes. During the downtime, rumors spread throughout […]
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Cryptographer and leading software engineer at a Ripple team, Nik Bougalis, offers advice on remote work management to firms amid the coronavirus pandemic. Cryptographer and leading C++ software engineer at Ripple Nik Bougalis offers advice on remote work management to firms amid the coronavirus pandemic. In a March 16 tweet, Bougalis offered his help to […]
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Major digital asset platform Bakkt has completed a new $300 million funding round, its second funding round after securing $182 million in late 2018. While cryptocurrency markets are experiencing another crash this Monday, major digital asset platform Bakkt has some good news. Referred to as one of the most promising crypto-related initiatives for its physically […]
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After years of uncertainty about cryptocurrency regulation in Russia, the country’s central bank adds more confusion to the matter. After years of uncertainty about its cryptocurrency regulation, Russia is further confusing its proposed crypto law as the country’s central bank made yet another statement on the issue. According to a legal executive at the Bank […]
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The cryptocurrency’s ability to keep functioning despite price fluctuations is making it increasingly at odds with liquidity injections and circuit breakers. Bitcoin (BTC) has failed to hold onto gains once again as commentators warn that the interest rate cuts by the Federal Reserve are “not a drill.” After the United States’ central bank cut rates […]
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Another day of pain for Bitcoin traders sees BTC/USD briefly hit $4,440 before rebounding, as cryptocurrency shares global hyper-bearish sentiment. Bitcoin (BTC) suddenly fell another 7% on March 16 as a new week opened with fresh coronavirus turmoil across global markets. Cryptocurrency market daily overview. Source: Coin360 BTC price sheds $1.4K in a day Data […]
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Major cryptocurrency exchange Bitfinex listed a $280 million cryptocurrency hedge fund. Bitfinex, the major cryptocurrency exchange and partner firm of stablecoin Tether (USDT) is listing a multi-million-dollar cryptocurrency hedge fund. The exchange announced on March 16 that it has listed Bahamas-based crypto hedge fund Fulgur Alpha, which is currently worth $280 million dollars. According to […]
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