The platform should go live March 26, Huobi executives say, and will be available for both major and private investors. Singapore-based cryptocurrency exchange Huobi Global is launching a dedicated platform for pre-release token sales, the company confirmed in a blog post on March 20. The platform, dubbed Huobi Prime, aims to give participating investors access […]
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Despite a billion-dollar valuation, an EOS glitch shows the pitfalls of blockchain for finance. Blockchain projects that comprise the greater cryptocurrency sector’s market cap are unquestionably bootstrapped — a product of ingenuity and crowdsourced blockchain fundraising. But with the industry evolving further in the last few years, gaps between mature projects and less developed ones […]
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JPMorgan Chase’s Ron Karpovich says there is “more partnership instead of competition” between the financial establishment and crypto disruptors. Ron Karpovich, Global Head of eCommerce Solutions at JPMorgan Chase, stated that there is “more partnership instead of competition” between the financial establishment and crypto disruptors when it comes to the payments space. Karpovich made his […]
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New research from Diar notes Eos makes up almost half of PoS staked funds’ total market value, followed by Dash and Cosmos. An increasing trend in cryptocurrency looks set to continue as major proof-of-stake (PoS) projects launch in 2019, industry newsletter Diar noted in its latest weekly digest on March 18. PoS, an algorithm used […]
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Multiple respondents have filed comments with the U.S. SEC on the latest proposed rule change for the VanEck/SolidX Bitcoin ETF. Multiple respondents have filed comments with the United States Securities and Exchange Commission (SEC) on the latest proposed rule change for the VanEck/SolidX Bitcoin (BTC) exchange-traded fund (ETF). Comments to date were submitted between Feb. […]
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Major U.S.-based bank Silvergate added 59 new crypto customers in the fourth quarter of 2018. Crypto-supportive Silvergate Bank has signed on a slew of new cryptocurrency customers in the fourth quarter on 2018, according to a recent filing with the United States Securities and Exchange Commission (SEC). The filing reveals that as of Dec. 31, […]
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New Zealand-based crypto exchange Cryptopia has reopened trading on 40 trade pairs following a mid-January hack. New Zealand-based cryptocurrency exchange Cryptopia has resumed trading on 40 trade pairs, according to a tweet from the firm on March 18. In the tweet, the company announces that it has “resumed trading on 40 trade pairs that we […]
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Kakao’s fintech arm Dunamu is reportedly launching a blockchain service platform designed to help companies start businesses. Dunamu, the fintech arm of South Korea’s largest Internet corporation Kakao, is reportedly launching a blockchain service platform designed to help companies start businesses using blockchain. Korea’s JoongAng Daily reported the news on March 19. The platform, which […]
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Crypto markets are seeing a tint of green, with just a few top coins in the red. Bitcoin is hovering over the $4,000 mark. Tuesday, March 19 — cryptocurrency markets are mostly trading in the green zone, with Bitcoin (BTC) hovering above the $4,000 mark. Market visualization from Coin360 During the day, BTC has been […]
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A recently published report from former CFTC chairman Timothy Massad has called for better regulations on crypto assets. A recent report published for the Brookings Institution is calling for enhanced regulations on cryptocurrencies. The report was authored by Harvard University fellow Timothy Massad, who served as chairman of the United States Commodity Futures Trading Commission […]
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