Digital asset finance firm BitGo announced the launch of its off-chain clearing and settlement service. Digital asset finance firm BitGo announced the launch of its off-chain clearance and settlement service in a press release published on May 14. Per the announcement, the service will be available to clients of qualified custodian BitGo Trust Company, and […]
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Malta-based cryptocurrency bank Founders Bank hired former Deutsche Bank executive Kenan Altunis as its new CEO. Malta-based cryptocurrency bank Founders Bank has appointed former executive of Deutsche Bank as its new CEO, according to a Bloomberg report on May 9. Backed by major global crypto exchange Binance, Founders Bank plans to assist blockchain and crypto-related […]
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Blockchain security and cryptocurrency custody firm BitGo has appointed a Wall Street high-frequency trader as its head of financial services. Blockchain security and cryptocurrency custody firm BitGo has appointed a veteran Wall Street trader as its head of financial services, according to a press release published on May 9. The new hire, Nick Carmi, joins […]
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More on Facebook’s potential expansion into crypto. Facebook’s potential expansion into crypto has been widely discussed in the past few months. Although the social media giant has not confirmed anything beyond having a blockchain department, new details about its digital token project continue to surface. Most recently, the Wall Street Journal (WSJ) reported that Facebook […]
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Celebrity investments are boosting crypto, but the industry still needs to build killer apps. Marketing loves celebrities — and with good reason. They’re “celebrated” people, individuals invested with bulk quantities of cultural capital (i.e., public respect, goodwill and interest), which — if tapped correctly by marketing firms — can be reflected onto endorsed products. This […]
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The award, from an unnamed external auditor, follows on from a year-long process to complete the initial stages of security compliance. Blockchain security firm BitGo has gained a further security certification from an external auditor after a review of its compliance, cryptocurrency industry news resource The Block reported on April 23. BitGo, which last year […]
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Learn more about the particular cases when using cryptocurrencies is much more efficient than paying with cash or credit cards. Sounds too good to be true. Any risks or downsides? Despite all the benefits, you have to make some effort to start trading and to fully understand cryptocurrencies. Purchasing coins for the first time might […]
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94% of endowments have been allocating to crypto-related investments throughout 2018, a new survey reveals. 94% of endowments have been allocating to crypto-related investments throughout 2018, a new survey published on April 12 reveals. The study was conducted in Q4 2018 by trade publications Global Custodian and The Trade Crypto, in partnership with blockchain security […]
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Blockchain security firm BitGo will provide its custody and multi-signature wallets to a newly launched digital asset trading platform. Blockchain security firm and wallet service BitGo has provided a newly launched digital asset trading platform, LGO Markets, with its custody and multi-signature wallets, according to a press release published Tuesday, April 9. LGO Markets, which […]
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Universal Protocol’s stablecoin Universal Euro will be pegged to the euro on a 1:1 basis and will allow holders to earn interest. The Universal Protocol (UP) Alliance, a coalition of blockchain firms including crypto exchange Bittrex and decentralized browser Brave, will launch its own euro-pegged stablecoin in April, according to a press release on March […]
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