The preliminary work to make the exchange fit for mainstream use once again has finished, developers say. Cryptocurrency exchange Binance has confirmed it has completed a major system upgrade and will relaunch its trading platform at 13:00 UTC on May 15. Binance, which lost over 7,000 BTC (at the time $41 million) in a hack […]
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Speculation has been growing since eBay took out ads at the Consensus blockchain and crypto conference in New York City. EBay has denied rumors that it is going to start accepting cryptocurrency as a payment method, according to a Bloomberg report on May 14. Speculation has been mounting since the e-commerce giant took out ads at the Consensus […]
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The instant convertor’s CEO told Bloomberg that current volatility is an essential part of crypto’s metamorphosis. The CEO of instant cryptocurrency exchange platform ShapeShift told Bloomberg TV on May 15 that bubbles are an essential part of the industry’s growth. Speaking in an interview, Erik Voorhees argued that the volatility seen in bitcoin (BTC) and […]
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M.Y. Safra Bank will provide FDIC insurance to traders in a move organizers say will further reduce counterparty risk. Institutional cryptocurrency prime dealer SFOX has partnered with a New York bank to offer state-insured bank accounts for traders, the company confirmed in a blog post on May 14. SFOX, which says the move is an […]
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Hacked New Zealand-based cryptocurrency exchange Cryptopia has gone into liquidation and suspended trading services. Hacked New Zealand-based cryptocurrency exchange Cryptopia has appointed David Ruscoe and Russell Moore from consultancy and audit firm network Grant Thornton New Zealand as liquidators. The news was revealed in an official Grant Thornthon announcement on May 15. Grant Thornton New […]
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North Rhine-Westphalia has announced that it is founding the European Blockchain Institute in Dortmund later this year. The government of the German state North Rhine-Westphalia (NRW) announced plans to establish the European Blockchain Institute to research blockchain technology in a press release on May 13. According to NRW Economics Minister Andreas Pinkwart, the European Blockchain […]
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The U.S. SEC has again delayed its decision on crypto index fund provider Bitwise’s bitcoin ETF application, soliciting the public for comment. The United States Securities and Exchange Commission (SEC) has again delayed its decision on cryptocurrency index fund provider Bitwise Asset Management’s bitcoin (BTC) exchange traded fund (ETF). The development was revealed in a […]
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Bitcoin continues to trade near $8,000, with other top 20 cryptocurrencies reporting mixed signals. Tuesday, May 14 — Yesterday’s rally in cryptocurrency markets has slowed, with the top 20 coins by market capitalization reporting mixed signals, according to Coin360. Market visualization from Coin360 After breaking the $8,000 threshold yesterday, the leading cryptocurrency bitcoin (BTC) has […]
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Budget smartphones released by South Korean consumer electronics giant Samsung will reportedly feature crypto and blockchain features. Budget smartphones released by South Korean consumer electronics giant Samsung will reportedly feature cryptocurrency and blockchain features, local English-language local media Business Korea reports on May 14. Per the report, the crypto and blockchain-related functionality included in the […]
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Shark Tank’s Kevin O’Leary has said that he believes bitcoin to be a useless currency due to problems associated with its volatility. Shark Tank’s Kevin O’Leary said that he believes bitcoin (BTC) to be garbage during an interview with finance news outlet CNBC published on May 14. O’Leary founded SoftKey, a company that Owler estimates […]
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