Bitcoin manages to scrape smaller losses on Wednesday, while altcoins continue to erase previous gains. Bitcoin (BTC) stemmed losses compared to many major altcoins Wednesday, October 3, as news hit of crypto exchange Coinbase’s reported $8 billion valuation. Market visualization by Coin360 Data from Cointelegraph’s price tracker and Coin360 shows Bitcoin proving a safe haven […]
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The world’s biggest exchanges have revealed security flaws, according to a new report from ICORating. Coinbase Pro topped the ratings of a new report from ICORating into cryptocurrency exchange security Wednesday, October 3, while researchers flag multiple shortcomings that continue to plague the sector. ICORating conducts analytical research in the crypto space in its role […]
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A prominent pro-blockchain politician has been appointed as Minister of Science, Technology, and IT in Japanese Prime Minister Shinzō Abe’s cabinet. A prominent pro-blockchain politician has been appointed as Minister of Science, Technology, and IT as part of the fourth reshuffle Japanese Prime Minister Shinzō Abe’s cabinet, Cointelegraph Japan reported October 2. Takuya Hirai, a […]
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Major crypto trading platform BitMEX has appointed Angelina Kwan, formerly of HKEX, as its Chief Operating Officer (COO). Major crypto trading platform BitMEX has appointed a veteran Hong Kong regulator as its chief operating officer (COO), Hong Kong English-language newspaper the South China Morning Post (SCMP) reports October 2. BitMEX was founded in 2014 and […]
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Successful trials show blockchain could cut red tape and boost the secondary market. Last week, Austria became the latest government to successfully trial blockchain platforms to issue government bonds. The trial follows in the footsteps of the Australian and Thai governments, both of whom developed blockchain bond issuing platforms earlier this year. Government bonds are […]
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Tech media site Recode reports that crypto exchange Coinbase is in negotiations that could increase the firm’s value to $8 billion. San Francisco-based cryptocurrency exchange and wallet service Coinbase is finishing negotiations that would value the company at $8 billion, technology news site Recode reports Oct. 2. Citing anonymous sources familiar with the matter, Recode […]
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The CEO of decentralized browser Brave, Brendan Eich, has called on members of the U.S. Senate to consider GDPR-like regulations. Brendan Eich, the CEO of decentralized browser Brave, has urged members of the U.S. senate to consider the General Data Protection Regulation (GDPR) as a regulatory model, according to a statement published Oct. 2. In […]
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A recent report by WSJ states that automated trading programs are manipulating cryptocurrency prices. Automated trading programs, or bots, are manipulating digital currency prices on cryptocurrency exchanges, according to a Wall Street Journal (WSJ) report October 2. Automated trading software is a program that allows traders to set specific rules for both trade entries and […]
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The only Bitcoin investment trust in the U.S. has seen its net asset value hit its lowest point since the BTC price surge last year. The “lone” Bitcoin (BTC) investment trust in the U.S., Grayscale Bitcoin Investment Trust (GBTC), has seen its net asset value hit the lowest point since the BTC price surge of […]
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San Francisco-based crypto exchange Coinbase has hired on Charles Schwab board member Chris Dodds. Chris Dodds, who serves on the board of directors of the Charles Schwab Corporation, has joined cryptocurrency exchange Coinbase‘s board of directors, according to an announcement published October 2. The Charles Schwab Corporation is a brokerage, banking and financial advisory services […]
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