While being a vital part of the transition to more scalable and secure blockchain, the Ethereum 2.0 upgrade can incur some risks for stakers, holders and traders. Alongside the ultimate scalability and security for the Ethereum network, the upcoming Ethereum 2.0 upgrade to a proof-of-stake model promises to bring additional, new benefits to its users, […]
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A deeper dive into the story involving a potential scam operation paying millions in ETH transaction fees twice in a row. The hottest Ethereum topic in June so far has been mysterious transactions that involved millions of dollars being paid to transfer small-to-medium amounts of Ether (ETH) — an activity which normally doesn’t cost more […]
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Phemex co-founder and CEO went live on Cointelegraph’s YouTube channel to answer audience questions on spot versus derivatives trading, and much more! On June 17th, Phemex co-founder and CEO Jack Tao participated in a live “ask me anything” session on Cointelegraph’s YouTube channel. The discussion explored trading the spot market versus trading the derivatives market […]
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All you need to know to prepare for Crypto Tax Season 2020 and correctly inform the IRS about your crypto. There is only one month left until the United States tax season. After being extended due to the COVID-19 pandemic, the official deadline to file tax returns is now July 15. If you think that […]
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United States cryptocurrency exchange announced the listing of COMP, the token powering the decentralized lending protocol Compound. United States cryptocurrency exchange announced the listing of COMP, the token powering the decentralized lending protocol Compound. According to a June 18 announcement, COMP trading will start on June 23 at 9 AM Pacific Time if the liquidity […]
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Reports indicate the Iranian-based crypto exchange ‘Bitisis’ is actually a Ponzi scheme that has attempted an exit scam. Bitisis, an Iran-based cryptocurrency exchange platform targeting Chinese investors with investment opportunities, has reportedly pulled an exit scam. Chinese police are currently investigating the exchange’s disappearance, with the platform appearing to have transferred users’ assets to three […]
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A U.S. District judge has dismissed the summary judgment request of the former Mt Gox CEO in a lawsuit from 2014 accusing Mark Karpeles of fraudulent misrepresentation. A judge has ruled the former chief executive of defunct cryptocurrency exchange Mt. Gox, Mark Karpeles, must face a lawsuit alleging fraud filed back in 2014. On June […]
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Binance will launch a new digital asset trading platform in 2020 in the United Kingdom to serve its increasing institutional clientele. Leading cryptocurrency exchange Binance will be expanding to the United Kingdom with a regulated crypto trading platform for both institutional and retail investors. With this platform, Binance aims to tap the institutional investment market […]
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Kraken has launched support for trading and funding in AUD six months after acquiring veteran Australian crypto exchange Bit Trade. Major cryptocurrency exchange Kraken has announced support for Aussie dollar (AUD) trading pairs and account funding. Australian dollars will be tradeable against Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH), and Tether […]
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The abnormal transaction fees from last week may not be blackmail after all, according to Alex Manuskin, a blockchain researcher at wallet company ZenGo. Last week, the crypto community spotted transaction fees of up to $2.6 million featured in several transactions on the Ether (ETH) network. Vitalik Buterin has since suggested that the abnormous fees […]
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