ZenGo uses new forms of transaction signing to simplify the crypto experience for non-technical new crypto users Israeli cryptocurrency developer KZen has raised $4 million from backers including South Korean electronics giant Samsung, industry news outlet The Block reported on April 17. The company’s product, smartphone wallet app ZenGo — currently in beta phase testing […]
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NChain chief scientist and Bitcoin SV proponent Craig Wright has filed a libel claim in the U.K. against cryptocurrency podcaster Peter McCormack. NChain chief scientist and Bitcoin SV (BSV) proponent Craig Wright has filed a libel claim in the United Kingdom against cryptocurrency podcaster Peter McCormack. The podcaster tweeted a photo of the legal notice […]
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FinCEN has assessed a civil money penalty for a California resident accused of violating money transmission laws. The United States Financial Crimes Enforcement Network (FinCEN) has assessed a civil money penalty for a California resident accused of wilfully violating money transmission laws in his work as a peer-to-peer exchanger of virtual currencies. The news was […]
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In a statement to Cointelegraph, the finance giant said its move to stop supporting BCH had been pre-planned. Japanese financial services giant SBI Holdings says the removal of bitcoin cash (BCH) from its exchange this week was not a result of the other deslistings involving bitcoin SV (BSV), Cointelegraph Japan reported April 19. SBI, which […]
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The CEO of Bithumb’s operator has revealed plans to expand to the U.S. and Japan. The CEO of Singapore-based Blockchain Exchange Alliance (BXA) — which has a controlling stake in major South Korean crypto exchange Bithumb — has revealed plans to expand to the American and Japanese markets. The news was reported by Cointelegraph Japan […]
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Details are still sketchy after Bithumb lost $18 million due to a hack. In late March, major South Korean cryptocurrency exchange Bithumb lost around $18 million as a result of a hack. While the details are still sketchy — for instance, it is unclear whether or not it was an inside job, as Bithumb initially […]
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Intercontinental Exchange-lead institutional cryptocurrency trading platform Bakkt is reportedly considering acquiring a New York “BitLicense” to launch its bitcoin futures. Intercontinental Exchange (ICE)-lead institutional cryptocurrency trading platform Bakkt is considering acquiring a New York BitLicense to launch its bitcoin futures, Bloomberg reports on April 18. Bakkt has seen resistance from the United States Commodity Futures […]
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Hbus, the operator of the United States-based crypto exchange Huobi.com, has today launched three trading pairs for XRP. Hbus, the operator of the United States-based version of major crypto exchange Huobi.com, has today launched three trading pairs for XRP. The news was announced in a press release shared with Cointelegraph on April 18. According to […]
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South Korean crypto exchange Coinnest has begun to terminate its services as of April 16, stating it has struggled to cope with changes in the crypto and blockchain industry. South Korean crypto exchange Coinnest has begun to terminate its services as of April 16, according to a pop-up announcement on the platform’s official website. Notification […]
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Binance’s Q1 2019 profits beats the previous quarter by 66%, with large-scale investors increasingly active. A huge surge in over-the-counter (OTC) trading popularity drove major cryptocurrency exchange Binance’s $78 million Q1 profits, crypto news outlet Decrypt Media reported on April 17. Speaking in an interview, CFO Wei Zhou said OTC, which is a method of […]
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