AMD’s financial data for Q4 2018 appears to confirm a continued mixed market. United States transnational IT company Advanced Micro Devices (AMD) released its Q4 revenue report on Jan. 29, broadly conforming to analysts’ fears of a continued slowdown. AMD, which like other graphics hardware manufacturers has suffered due to the cryptocurrency bear market, produced […]
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The hacker who breached New Zealand-based crypto exchange Cryptopia reportedly still has access to the exchange’s wallets. Two weeks after it first reported a hack, New Zealand-based cryptocurrency exchange Cryptopia is still compromised by cyber criminals, according to a blog post from blockchain infrastructure firm Elementus on Jan. 29. The exchange suspended services after detecting a […]
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A recent report from JPMorgan reportedly notes the potential for blockchain technology in banking and payments. Experts at financial services giant JPMorgan say that blockchain technology will provide benefits to banks and payment systems, Bloomberg reports on Jan. 29. JPMorgan’s chair of global research, Joyce Chang, said, “Blockchain isn’t going to reinvent the global […]
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The Gemini cryptocurrency exchange has announced the completion of an SOC 2 security compliance review. Gemini crypto exchange, founded by brothers Cameron and Tyler Winklevoss, completed a SOC 2 Type 1 security compliance review, according to a post made on their Medium blog on Jan 29. An organization that undergoes a Service Organizational Control (SOC) 2 […]
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U.S.-based blockchain firm TokenSoft has rolled out its Knox Wallet for storing digital securities and other digital assets. San Francisco-based blockchain firm TokenSoft has rolled out a beta version of its wallet for digital assets and digital securities, according to a press release published on Jan. 29. The new product called Knox Wallet provides cold […]
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Ukrainian crypto exchange Liqui has reported it is shutting down operations, citing lack of liquidity. Ukraine–based crypto exchange Liqui is shutting down its services, citing a lack of liquidity, Cointelegraph Japan reports today, Jan. 28. Liqui said it decided to close all accounts and stop providing services because it currently does “not see any economic […]
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The top 20 cryptocurrencies are reporting mostly moderate gains, with Bitcoin falling under $3,500 again. Tuesday, Jan. 29 — most of the top 20 cryptocurrencies are reporting moderate gains on the day at press time. Bitcoin (BTC) is trading just over $3,400 again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is […]
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Charlie Lee, Litecoin’s creator, declared that “fungibility is the only property of sound money that is missing from Bitcoin & Litecoin.” Charlie Lee, Litecoin’s (LTC) creator, declared that he will focus on making the major cryptocurrency more fungible in a tweet Jan. 28. Lee stated in the tweet that “fungibility is the only property of […]
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sponsored A company says it has seen growth in Africa, as consumers seek alternatives to unstable currencies. A site enabling consumers to buy Bitcoin using hundreds of different payment methods says demand is thriving despite declining cryptocurrency prices — with Africa being its biggest market. Paxful says the volume of transactions it has processed from […]
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New draft regulations from Iran’s central bank suggest a ban on cryptocurrency payments could appear. Iran’s central bank said it would consider opinions from the cryptocurrency sphere prior to finalizing new draft regulations, according to a statement today, Jan. 29. The same day, the Central Bank of Iran reportedly uploaded plans for its approach to […]
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