There have been rises of 1,950 percent in a year, and falls of 50 percent in a day. Here’s a look at the turbulent history of cryptocurrency. November 2018 What is it about Novembers? Over the course of 2018, Bitcoin has had an annus horribilis — with prices tumbling by more than 83 percent when […]
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The cryptocurrency VC fund has become the latest to pile into the neo-banking sector. Cryptocurrency-focused merchant bank Galaxy Digital and Block.One have led a $30 million Series A investment round in U.S. neo-banking platform Good Money. The news was confirmed by a press release Dec. 10. Aiming to balance user ownership with part donation of […]
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Blockchain browser Brave will be pre-installed on HTC’s blockchain browser, supporting cryptocurrency networks. Decentralized browser Brave is now the default browser on a phone from major smartphone manufacturer HTC, technology news outlet CNET reported Dec. 10. Founded in 1997, HTC is a Taiwanese consumer electronics manufacturer, which was the leading smartphone vendor in the U.S. […]
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Major Korean crypto exchanges have arranged a crypto regulation debate in the National Assembly, discussing Anti-Money Laundering policies and customer protection. South Korea’s representative body, the National Assembly, has held a crypto regulation debate arranged by major local cryptocurrency exchanges, IT media oulet ZdNet Korea reports Monday, Dec. 10. According to local business outlet Financial […]
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A recent analysis by Diar has found that stablecoins are becoming more widely adopted, seeing significant growth in on-chain transactions. According to analysis by research firm Diar published Dec. 10, the adoption of stablecoins is growing based on the increasing number of on-chain transactions. Per Diar, four major stablecoins to date — USDC, True USD […]
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The UNICEF Innovation Fund will invest $100,000 in six international firms to develop blockchain-based projects. The UNICEF Innovation Fund is investing $100,000 in six companies for developing blockchain projects, according to an announcement published Dec. 10. The UNICEF Innovation Fund was launched specifically to finance early stage and open-source technology that can benefit children. The […]
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American insurance giant State Farm is testing a blockchain product to speed up the subrogation process for auto claims. U.S.-based insurance company State Farm is testing a blockchain-based solution to speed up the subrogation process for auto claims, according to an announcement published Dec. 10. State Farm is a large group of insurance and financial […]
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Crypto markets have failed to hold on to gains from Dec. 9, with Bitcoin trading below $3,500 again. Monday, Dec. 10: Crypto markets have failed to hold another recovery attempt, with nearly all top 20 coins by market capitalization in the red as of press time. After a slight bump yesterday, Dec. 9, with Bitcoin […]
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Decentralized apps on the EOS blockchain have reportedly seen 27 hacks from July till late November, losing up to 400,000 EOS. Decentralized apps (DApps) based on the EOS blockchain have lost up to $1 million to hacks since July, Chinese crypto media Blockchain Truth reports Tuesday, Dec. 4. The report cites data by PeckShield, a […]
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New crypto exchange ErisX has announced the appointment of veteran exchange founder Matt Trudeau as its chief strategy officer (CSO). New crypto exchange ErisX has announced the appointment of veteran exchange founder Matt Trudeau as its chief strategy officer (CSO), according to a press release published Dec. 10. As reported this October, ErisX is a […]
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