An employee allegedly used his credentials at Shapeshift to steal from the company. Following the theft and repayment of $900,000 in Bitcoin (BTC), Shapeshift is now pursuing damages in court against its former senior software engineer, Azamat Mukhiddinov. “There was significant time lost and legal costs associated with the clean-up,” Shapeshift’s chief legal officer, Veronica McGregor, […]
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Crypto is truly a global asset class. Showing continued digital asset growth in Africa, Nigeria-based crypto exchange, Yellow Card, has secured over $1 million in investments from a number of players in the crypto industry, including venture capital firm Andreessen Horowitz. “Yellow Card has raised $1.5 million from investors to help further our expansion and solidify […]
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Blockchain tech-backed platforms are delivering the ability to access various markets in an easy and accessible way. The price of Bitcoin (BTC) has recently shot up after months of stability. In April and May, trading prices came in between the narrow range of $9,000 and $10,000, with realized volatility falling to its lowest in three […]
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This year’s DeFi growth may become the defining crypto event of 2020. But what does a “DeFi mania” actually mean? Crypto eras are often defined by their yearly trends: the meteoric bull run of 2017, the crypto winter and ICO boom of 2018, and the resurgent crypto spring of 2019. Will 2020’s explosive DeFi growth […]
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Dan Held is a Texan who doesn’t drive a truck, drink beer, love Trump, or watch sports. He’s a tech enthusiast who isn’t into coding. He looks like a typical preppy dude, wearing a white-button-up shirt and carrying a swoop haircut, but he flies drones, tinkers on full nodes, and writes about libertarian principles. He […]
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Loosening of inflation handling boosts Bitcoin in line with expectations that the Fed would inadvertently support safe havens with its decision. Bitcoin (BTC) spiked to $11,600 on Aug. 27 as the United States Federal Reserve committed to maintaining an average of 2% inflation. Data from Coin360 and Cointelegraph Markets showed BTC/USD jumping several hundred dollars […]
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The first regulated stablecoin in Switzerland is entering e-commerce. Galaxus, the largest online retailer in Switzerland, could start accepting payments in a stablecoin issued by local cryptocurrency bank Sygnum. According to an Aug. 27 tweet by Sygnum, the companies have just completed an electronic commerce payment using Sygnum Bank’s stablecoin known as Digital Swiss Franc […]
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Will the political turmoil in Belarus put an end to the development of digital technologies and the financial freedom of its citizens? A political crisis, mass detention of peaceful citizens and internet blocking in Belarus are hitting the country’s IT sector hard. Amid this social turmoil, some companies are moving their offices and servers abroad, […]
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Big name games and developers donate prizes to cross-promote titles while encouraging players to load test Taurion’s alpha release. Upcoming blockchain-enabled gaming experience Taurion launches its Treasure Hunt III event on Aug 28. Participants will be competing for over $10,000 in prizes, including major cryptocurrencies, in-game currencies and rare nonfungible tokens (NFTs) from a whole […]
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DJ PLS&TY has launched 30 limited edition vinyls of his latest EP on an Ethereum-based art and culture platform. Tommy Leas, professionally known as DJ PLS&TY in the electronic dance music industry, has launched the vinyl record of his “Very Special” EP record on the Ethereum-based art and culture exchange platform, Foundation. Foundation allows artists […]
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