The service is the first of its kind locally, the company says, and utilizes U.K.-based insurance solutions. Hong Kong trading and asset management firm Branding China Group (BC Group) is launching an insured custody service for cryptocurrencies, the company confirmed in a press release shared with Cointelegraph on April 1. BC Group, which owns a […]
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The venture capital firm has noted fluctuated conditions over the past three years in the crypto and blockchain industry. United States blockchain and cryptocurrency-focused venture capital company Digital Currency Group (DCG) has made almost 130 investments in the industry to date, the firm revealed in a blog post on April 1. Summarizing its performance since […]
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Bitcoin briefly hits $4,800, stays at $4,600, while other top coins are all in the green amid a significant markets uprising. Tuesday, April 2 — Bitcoin (BTC) has pushed over $4,500 for the first time this year, while top crypto markets are solidly in the green for the second day in a row, some seeing […]
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China is reportedly leading the world in the number of blockchain-related projects currently under development. China is reportedly leading the world in the number of blockchain projects currently underway in the country, Chinese English-language news daily China.org.cn reports on April 2. Citing a report by Blockdata, China.org.cn states that there are 263 blockchain-related projects in […]
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Estonian crypto exchange Bibox is launching a blockchain project incubator dubbed Bibox Orbit. Leading cryptocurrency exchange Bibox is launching an incubator for blockchain projects called Bibox Orbit, according to an announcement published on March 30. Estonia-based Bibox — the ninth largest cryptocurrency exchange in terms of adjusted trading volume — has revealed that it is […]
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The fintech industry in Switzerland continues to grow dynamically, while traditional financial institutions are reporting a decline. A new study shows that the fintech sector in Switzerland continues to grow, while traditional financial institutions are stagnating. The report was published by SwissBanking on April 1. The report dubbed “IFZ FinTech Study 2019” was prepared by […]
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The Tether stablecoin’s daily transaction volume hit an all-time high. Tether (USDT), the most used fiat-pegged stablecoin, has hit an all-time high by the number of daily transactions, according to blockchain data provider Coin Metrics. On March 31, the amount of Tether transactions hit a high of 38,150, representing a new milestone in the adoption […]
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Israeli cryptocurrency mining firm Bitfarms will reportedly be delisted from the Tel Aviv Stock Exchange due to losses incurred during last year’s bear market. Israeli cryptocurrency mining firm Bitfarms will be delisted from the Tel Aviv Stock Exchange due to the losses caused by last year’s crypto bear market, local business daily outlet Globes reported […]
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Founders of Canadian-based Vanbex reportedly used the $22 million raised in an ICO for personal benefit instead of building promised products. Canadian police have frozen assets of the founders of blockchain consulting firm Vanbex, which raised $22 million in an alleged fraudulent initial coin offering (ICO). The development was reported in a court document released […]
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Blockchain-based DApp platform Tron is supporting restrictions for gambling DApp development in the Japanese market. Blockchain-based decentralized application (DApp) platform Tron pushed to remove gambling DApps in the Japanese market to comply with local regulations, according to a press release published on March 31. Per the statement, the company intends to adhere to local laws […]
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