An alleged hack of personal information from exchange users should not be taken seriously, says Changpeng Zhao. The CEO of cryptocurrency exchange Binance has refuted claims hackers gained access to confidential user information such as personal ID. CZ: “Don’t fall into the ‘KYC leak’ FUD” In a tweet Aug. 7, Changpeng Zhao described rumors circulating […]
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FTX has secured $8 million in its seed round, with blockchain-focused venture capital fund Proof of Capital and blockchain firm Consensus Lab among major investors. Cryptocurrency derivatives exchange FTX has secured $8 million in its seed round. Major investors include blockchain-focused venture capital fund Proof of Capital and blockchain firm Consensus Lab, among others. In […]
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LedgerX was reported to launch the first physically settled Bitcoin futures contracts in the U.S., but report was later debunked by LedgerX… Earlier this week, United States-regulated crypto derivatives and clearing platform LedgerX was reported to launch the first physically settled Bitcoin futures contracts in the country, therefore stealing a march on Bakkt and ErisX. […]
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Mike Novogratz’s Galaxy Digital hired a former exec at crypto trading giant Cumberland as head of global sales. Mike Novogratz’s crypto investment bank Galaxy Digital hired a former exec at crypto trading giant Cumberland as head of global sales. According to an internal notice to Galaxy Digital’s counterparties, Wall Street veteran David Gross joined the […]
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South Korean tech giant Samsung has expanded its blockchain and decentralized application Software Development Kit with two new services. South Korean tech giant Samsung has expanded its blockchain and decentralized application (DApp) Software Development Kit with two new services. Galaxy of multi-service blockchain apps Per the press release shared with Cointelegraph on Aug. 6, Samsung […]
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Cryptocurrency markets did not maintain their bullish trend from yesterday, with most major coins seeing red today. Tuesday, Aug. 6 — Major cryptocurrency markets have continued suffering losses over the past several hours as Bitcoin (BTC) has come back down to around $11,700 after a jump to $12,300 earlier today. Market visualization. Source: Coin360 BTC […]
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UK tax authority has reportedly asked digital currency exchanges to provide it with customers’ names and transactions data to locate tax evasion. The United Kingdom’s tax, payments and customs authority Her Majesty’s Revenue & Customs (HMRC) has reportedly requested that digital currency exchanges provide it with information about customers’ names and transactions aiming to identify […]
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Crypto lender BlockFi secured $18.3 million in a funding round led by a PayPal co-founder’s VC firm Valar Venture. American cryptocurrency lender BlockFi has secured $18.3 million in a funding round led by Valar Ventures. The Series A funding round saw participation from a number of crypto-focused investors, including Winklevoss Capital and Galaxy Digital, according […]
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Israeli Bitcoin investors are unable to pay their taxes as banks aren’t accepting deposits obtained from cryptocurrencies. Israeli Bitcoin (BTC) investors are unable to pay their taxes as banks do not accept deposits obtained from cryptocurrencies. Israeli banks freeze up the minute they hear “Bitcoin” Israeli newspaper Haaretz reports on Aug. 6 that local crypto […]
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Under one day since Litecoin’s halving, its hash rate appears to be as robust as ever, with hash rate at 97% of its pre-halving level. Under one day since Litecoin (LTC)’s halving, its hash rate appears to be as robust as ever. In a tweet posted on August 5 — just under 22 hours after […]
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