The Forbes “Fintech 50” list for 2019 of top fintech firms features little over half as many blockchain companies as before. The Forbes 2019 “Fintech 50” list of the world’s top financial technology firms published on Feb. 4 features six blockchain companies, little more than half the amount listed in the 2018 edition. Released in […]
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Transactions left a wallet that likely belonged to the exchange after the death of its CEO, research alleges. Embattled Canadian cryptocurrency exchange QuadrigaCX reportedly never had the $190 million in Bitcoin (BTC) it supposedly lost access to when its CEO unexpectedly died, new research claimed on Feb. 5. The report, published on cryptocurrency portal Zerononcense […]
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Crypto exchanges have reportedly started the year with smaller trading volumes, marking new lows that have not been recorded since 2017. Trading volumes on cryptocurrency exchanges have dipped to new lows in January, according to an analysis published by crypto and blockchain research firm Diar on Feb. 4. Since the beginning of the year, digital […]
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U.S. tax preparation software TurboTax Online has partnered with a crypto startup to add a crypto taxation section to its services. United States tax preparation software TurboTax Online has reportedly partnered with CoinsTax, LLC to offer cryptocurrency tax calculation to its services, a press release reveals Monday, Feb. 4. As the U.S. Internal Revenue Service […]
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An Israeli blockchain intelligence firm claims to have identified proof of donations in Bitcoin reaching Hamas, the de facto ruling authority of the Gaza Strip in Palestine. An Israeli blockchain intelligence firm claims to have identified proof of donations in Bitcoin (BTC) reaching Hamas, the de facto ruling authority of the Gaza Strip in Palestine. […]
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The valuation of the crypto market dropped $10 billion following the expiration of Bitcoin futures contracts. On Jan. 29, the valuation of the crypto market plunged by more than $10 billion within a 48-hour period, from $121 billion to $111 billion. Major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) recorded losses in the range […]
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The Director of Data Science and Risk at U.S.-based crypto exchange Coinbase has stepped down. The Director of Data Science and Risk at American cryptocurrency trading platform Coinbase, Soups Ranjan, has stepped down. Ranjan announced his departure on Twitter and in a blog post on Jan. 31. In his Medium post, Ranjan reflected on the […]
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Proof-of-stake token investors have a unique option to survive the protracted crypto market slump: staking their holding for the block rewards. A Bloomberg article published today, Feb. 1, suggests that proof-of-stake (PoS) token investors have a unique option to survive the protracted crypto market slump: staking their holdings. In blockchains that use a PoS system […]
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The top 20 cryptocurrencies are reporting moderate to heavy losses, with Bitcoin under $3,450 again. Thursday, Jan. 31 — all of the top 20 cryptocurrencies are reporting moderate to heavy losses on the day by press time. Bitcoin (BTC) is hovering under $3,450 again, according to Coin360 data. Market visualization from Coin360 At press time, […]
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U.S.-based venture firm Blockchain Capital leads a $1.7 million seed round for blockchain compliance startup TRM. United States-based investment firm Blockchain Capital has led a seed funding round for blockchain compliance startup TRM, a press release from the firm reveals Jan. 31. TRM announced today that it had a closed a funding round totalling $1.7 […]
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