The Ethereum Foundation has refuted alleged plans to spend $15 million on the development of Verifiable Delay Functions. The Ethereum Foundation has refuted alleged plans to spend a prospective $15 million on the development of Verifiable Delay Functions (VDFs) for use in its transition to a Proof-of-Stake (PoS) network. The clarification was made by Foundation […]
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Japan’s financial regulator has revealed that in Q4 2018, the number of enquiries on crypto continued to decline. Japan’s financial regulator has released Q4 2018 data on the number of enquiries about cryptocurrencies, showing further declines. The Financial Services Agency’s (FSA) report was published today, Feb. 8. The FSA, which is responsible for overseeing the […]
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Leading South Korean cryptocurrency exchange Bithumb follows major exchanges in opening an OTC trading desk. South Korea’s major virtual currency exchange Bithumb has officially launched an over-the-counter (OTC) trading desk under the Ortus brand, according to a press release published on Feb. 7. Hong Kong-based entity Bithumb Global Limited owns the rights to the Ortus […]
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The apparently fraudulent website failed to scam crypto investors after announcing a fake additional funding round in BTC. A new Bitcoin (BTC) scam website representing digital assets platform Bakkt has appeared on the internet, with its domain “bakktplatform.io” registered on Jan. 31. The fake Bakkt website claims that the launch of the platform will take […]
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The Texas State Securities Board is working with law enforcement to track down crypto scammers, with 60 cited last year. The Texas State Securities Board (SSB) issued a total of 16 orders against suspected cryptocurrency scam investments in 2018, the regulator revealed in its 2018 Enforcement Report published on Feb. 7. Targeting actors luring Texas […]
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Experts have told the WSJ that the supposedly missing funds at QuadrigaCX crypto exchange could not be stuck, but missing. The $145 million in digital assets that are reportedly stuck in encrypted cold wallet storage of QuadrigaCX crypto exchange could actually be missing, according to analysts cited by the Wall Street Journal (WSJ) on Feb. […]
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Singapore-based Huobi exchange recorded 100 percent growth in trading volume in 2018 over the 2017. Major global crypto exchange Huobi has reported a 100 percent growth in trading volume in 2018 over the 2017, according to a press release shared with Cointelegraph on Feb. 7. The Singapore-headquartered company has reportedly expanded its staff from 400 […]
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The increasing number of Bitcoin transactions is the result of the system’s improvement and growth, some experts say. The daily Bitcoin (BTC) transaction volume has been recently increasing to the levels not seen since January 2018, after BTC hit the $20,000 price mark, according to data from transactionfee.info. Some industry players believe that it is […]
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The British Columbia Securities Commission reportedly said that it did not regulate crypto exchange QuadrigaCX, since it had no indication that it was trading in securities. Canadian cryptocurrency exchange QuadrigaCX is reportedly not regulated by the British Columbia Securities Commission (BCSC), the province’s financial regulator, Reuters reported on Feb. 7. Vancouver-based cryptocurrency exchange QuadrigaCX was […]
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Over 5.5 billion USD Coin (USDC) tokens have been transferred on-chain as of Jan. 31, 2019. Over 5.5 billion USD Coin (USDC) tokens have been transferred on-chain as of Jan. 31 2019, according to a report released by the Centre consortium on Feb. 6. The Centre consortium was founded by crypto finance firm Circle and […]
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