Sean Neville is preparing to work on the company’s board of directors from the end of December, according to a media report amid the sale of Poloniex exchange. Payments company Circle will install a new CEO at the start of 2020 after one of its original co-founders steps down from the position. According to cryptocurrency […]
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Major American cryptocurrency exchange Coinbase has been awarded a patent for a system that identifies and flags non-compliant accounts. Major American cryptocurrency exchange Coinbase has been awarded a patent for a system that identifies and flags non-compliant accounts. A filing with the United States Patent and Trademark Office on Nov. 19 details a system containing […]
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Major South Korean cryptocurrency exchange Upbit has lost 342,000 ETH. All users will soon be reimbursed with corporate funds. On Nov. 27, major South Korean cryptocurrency exchange Upbit announced that 342,000 Ether (ETH), accounting for roughly $50 million, were stolen from its hot wallet earlier that day. Details remain vague, and some users are suggesting […]
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A former executive of investment bank UBS, Claude Waelchli, has established a United States-based digital securities issuance platform dubbed Tokenyz. A former executive of investment bank UBS has established a United States-based digital securities platform. According to a press release on Nov. 27, Claude Waelchli — who served over 12 years at UBS in various […]
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Cryptocurrency exchange Bittrex has denied claims that the exchange sought to collaborate with the Ukrainian government. A Ukrainian government official said that United States cryptocurrency exchange Bittrex sought to collaborate with the Ukrainian government on developing the country’s cryptocurrency industry. In a Nov. 20 interview with domestic blockchain media outlet ForkLog,. Deputy Minister of Digital […]
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Omni Rentals, a $35 million-funded storage and rental startup backed by major crypto firm Ripple, is reportedly shutting down its operations. Omni Rentals, a $35 million-funded storage and rental startup backed by major crypto firm Ripple, is reportedly shutting down its operations. As Omni is expecting to close its platform by the end of 2019, […]
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Bitcoin is at a critical level. Rising open interest on Bakkt with intraday recovery in BTC price indicates buying at lower levels. The total crypto market capitalization slumped from close to $238 billion on Nov. 18 to a low of about $189 billion on Nov. 22. That is a drop of just over 20% within […]
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The institutional asset custody arm of United States-based crypto exchange Coinbase has announced it is transitioning to an internationally-based staking service this week. The institutional asset custody arm of United States-based crypto exchange Coinbase has announced it is transitioning to an internationally-based staking service as of Nov. 21. In rolling out its staking services to […]
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New York-based blockchain analytics firm Chainalysis sacks 39 of its employees to cut costs and extend profits. Blockchain analytics firm Chainalysis is reportedly letting go of 39 of its employees in order to become more profitable. On Nov. 21, Coindesk reported that Chainalysis is cutting its workforce by nearly 20%, eliminating positions across the board […]
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Cryptocurrency exchange Kraken announced that it is introducing a mobile version of its Kraken Future trading app. San Francisco-based cryptocurrency exchange Kraken announced that it is introducing a mobile version of its Kraken Future trading app. New opportunities for futures trading On Nov. 21, Kraken announced on its blog that it is launching a mobile app […]
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