A rebirth of ICOs is on the cards by 2020, and with it a new lease on life for Ethereum, says BitMEX CEO Arthur Hayes. Initial coin offerings (ICO) will return within “18 months” and Ethereum (ETH) will “rebound aggressively,” BitMEX CEO Arthur Hayes told Cointelegraph Japan Dec. 26. BitMEX is a Hong Kong-based cryptocurrency […]
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Cryptocurrency mining giant Bitmain and major crypto exchange Huobi have reportedly confirmed plans to lay-off staff. Cryptocurrency mining giant Bitmain and major crypto exchange Huobi have reportedly confirmed plans to lay off staff amid the 2018 price rout of the crypto markets. Hong Kong English-language newspaper South China Morning Post (SCMP) reported on the layoffs […]
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The U.S.’ second largest bank already has over 50 blockchain-related patents — more than any other entity. Bank of America (BoA) wants to patent a system using blockchain technology to improve cash handling, a new application published Dec. 25 confirms. Originally submitted in June 2017, the patent references “banking systems controlled by data bearing records.” […]
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Crypto markets are lacking in Christmas cheer, with virtually all of the top 100 coins by market cap in the red. Friday, Dec. 25 — crypto markets are lacking in Christmas cheer, with many major crypto assets hit with double-digit losses. Virtually all of the top 100 coins by market cap are in the red, […]
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The company said that tens of billions of yen in lost profits led it to the decision, which will also see it move its mining center. Japanese internet giant GMO Internet Group is quitting the Bitcoin mining hardware sector, Cointelegraph Japan reported Dec. 25 referencing a public document. Citing “extraordinary loss” in Q4 this year, […]
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Not everyone accepted the idea that TRON’s six-month race to 1 million meant it had ‘beaten’ Ethereum, which took 18 months. Blockchain protocol TRON (TRX) has passed one million user accounts, data revealed Dec. 23, as executives continue their criticism of rival Ethereum (ETH). Statistics from the TRON blockchain uploaded to social media by Misha […]
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The Italian securities regulator has prohibited the activity of “Avacrypto” for allegedly violating securities laws. The financial regulator of Italy has barred a cryptocurrency-related project from operations for the provision of allegedly unauthorized investment services, according to an official statement published Dec. 14. Founded in 1974, the Italian National Commission for Companies and the Stock […]
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The crypto market has seen all green this Christmas Eve, with Bitcoin solidly above the $4,000 mark. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. […]
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Bitcoin jumps 7 percent in daily trading, as many altcoins skyrocket in tandem. Cryptocurrency markets continued their push back into the black on Dec. 24 as Ethereum (ETH) and Ripple (XRP) took turns at giving altcoin investors a timely Christmas present. Market visualization from Coin360 Data from Cointelegraph’s price tracker and Coin360 shows a return […]
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At least 340 cryptocurrency or blockchain companies were dissolved or liquidated this year in the U.K., nearly two and a half times more than in 2017. At least 340 cryptocurrency or blockchain companies were dissolved or liquidated this year in the United Kingdom (UK), British news outlet Sky News reported on Dec. 22. UK crypto […]
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