Switzerland-based crypto exchange ShapeShift has laid off 37 of its employees, reducing the size of its team by a third. Switzerland-based cryptocurrency exchange ShapeShift has laid off a third of its team, the exchange’s CEO Erik Voorhees announced in a tweet today, Jan. 8. According to a company blog post accompanying the Twitter announcement — […]
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Litecoin creator Charlie Lee has suggested that a decentralized cryptocurrency is by definition exposed to 51 percent attacks, otherwise it is centralized. A decentralized cryptocurrency is by definition vulnerable to 51 percent attacks, the creator of Litecoin (LTC) Charlie Lee stated in a tweet Jan. 7. In the wake of recent news about unusual mining […]
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Bitcoin has been holding the psychological $4K mark for two days, while some of the other top currencies see mild losses Tuesday, Jan. 8 — crypto markets are seeing mixed signals, according to data from Coin360, after a day mostly in the green. Bitcoin (BTC) still remains above current psychological barrier of $4,000, while some […]
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U.S. law firms Silver Miller and Levi & Korsinsky have filed a class action lawsuit against Nano devs for allegedly violating securities laws. Two United States law firms have filed a lawsuit against the developers of altcoin Nano (NANO) as well as Italian cryptocurrency exchange BitGrail, according to a notice published Jan. 7. Crypto-focused law […]
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Payment network RippleNet has surpassed 200 customers, with financial institutions in 40 countries. Crypto and blockchain company Ripple has reported today, Jan. 8, that 13 new financial institutions have signed up for the RippleNet payment network, bringing the total number of customers over 200. The new institutions range from locations including Sweden, England and Kuwait, […]
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The Federal Court of Australia has imposed a travel ban and frozen the funds of John Bigatton, a promoter of $2.6 billion alleged Ponzi scheme Bitconnect. The Federal Court of Australia has imposed a travel ban and frozen the funds of John Bigatton, a promoter of reported $2.6 billion Ponzi scheme Bitconnect, daily newspaper The […]
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Coinbase has increased the amount of ETC that was allegedly double spent following a 51 percent attack. A deep reorganization of the Ethereum Classic (ETC) blockchain, which reportedly included double spending, has involved more than $1.1 million worth of crypto, United States crypto exchange Coinbase revealed Monday, Jan. 7. According to the Coinbase blog, the […]
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Japan’s GMO Internet Group has confirmed it took a steep hit in overall mining revenue, but saw an increase in monthly BTC mining rewards. Japanese IT giant GMO Internet Group has published the latest monthly disclosure on its in-house crypto mining operations, confirming that it took a steep hit in overall mining revenue. GMO released […]
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Brazilian president Jair Bolsonaro has criticized the country’s now-suspended crypto project for indigenous people. Jair Bolsonaro, the new Brazilian president who has officially taken office a week ago, has criticized a project offering to create a cryptocurrency for indigenous people in a Jan. 7 tweet. Bolsonaro claimed that the new government will soon open “a […]
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Lawmakers in Malta have rejected complaints about their handling of cryptocurrency from the leader of the opposition The embattled leader of Malta’s opposition Adrian Delia has faced a fresh backlash over his criticism of the government’s pro-cryptocurrency stance. Delia’s comments were reported by national daily newspaper The Malta Independent on Jan. 6. Malta, whose president […]
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