Major South Korean cryptocurrency exchange Bithumb is reportedly slashing up to 50 percent of its workforce. Major South Korean cryptocurrency exchange Bithumb is reportedly cutting up to 50 percent of its workforce, a report from CoinDesk Korea stated on March 18. According to the report, an unnamed official has confirmed that the exchange will reduce […]
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The move follows several fee hikes aiming to improve the dollar peg of Maker’s Dai stablecoin. Decentralized Autonomous Organization (DAO) MakerDAO (Maker) has upped its demands to increase one of its network fees, this time to 7.5 percent, the company confirmed in a blog post on March 18. Maker, which issues USD-pegged stablecoin Dai (DAI), […]
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The new product comes as Bitmain continues to fight a market slowdown which has resulted in cost-cutting moves. Cryptocurrency mining giant Bitmain has released a new version of its Antminer Z series machines for Equihash algorithm coins, the company confirmed in a blog post on March 19. The Antminer Z11, which comes around ten months […]
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Craig Wright has reportedly filed over 100 blockchain-related patents since 2017, in addition to some pertaining to smart contracts and digital assets. Craig Wright, an Australian computer scientist who has sometimes claimed to be Bitcoin (BTC) creator Satoshi Nakamoto, has reportedly applied for a slew of blockchain-related patents since 2017. Tech news site The Next […]
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The Cabinet of Japan has reportedly approved new regulations in regard to cryptocurrency margin trading. Japanese financial regulators have reportedly introduced new regulations for cryptocurrency margin trading, local news agency Nikkei reported on March 18. The Cabinet of Japan, the executive branch of the country’s government, has reportedly approved draft amendments to Japan’s financial instruments […]
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The crypto elite are hiring bodyguards, but that may change once the industry becomes more legitimate. Security is paramount in crypto. “Keep your hardware wallets safe,” we’re told. “Keep your private keys safe.” “Keep your seed words safe.” “Keep your computer safe.” This list could go on almost indefinitely, and while you might be forgiven […]
Continue ReadingLobbying on blockchain and crypto has reportedly grown on K Street, having tripled over the past year. The number of lobbies working on blockchain technology issues in Washington D.C. tripled in 2018, politics-oriented news outlet Politico reported on March 18. The number of entities lobbying on digital currencies and blockchain reportedly grew almost thrice in […]
Continue ReadingCoinMarketCap has added a new rating system providing insight into the growth and development of a cryptocurrency project. Cryptocurrency market data platform CoinMarketCap has added a new metric to their site for measuring the fundamentals of cryptocurrency projects. The new rating system dubbed the Fundamental Crypto Asset Score (FCAS) measures cryptocurrency projects “health” by considering […]
Continue ReadingFinanciers and investors fear that a “no deal” Brexit could spell “bust” for Ireland and the nations’ blockchain industry. Strong growth has returned to Ireland one decade after the banking crisis and international bailout. But, financiers and investors fear a “no deal” Brexit — in which the United Kingdom leaves the European Union without a […]
Continue ReadingKakao Corp is reportedly planning a crypto wallet-to-messenger integration after the commercial launch of the Klaytn platform. South Korea’s biggest internet corporation Kakao will reportedly integrate its crypto wallet in its messaging app KakaoTalk, local financial news agency Fnnews reported on March 18. According to the report, more than 44 million South Korean KakaoTalk users […]
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