Crypto exchanges handle the greatest part of cryptocurrency trades carried out every single day. But how did their security measures change over the years? Bitcoin was designed as a peer-to-peer cryptocurrency, but as the network expanded, there was no way to avoid the growing influence of centralized crypto exchanges. Soon after Bitcoin’s launch, more people […]
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Crypto-friendly travel service Travala will now let its customers reserve any hotel that available through bookings giant Booking.com. Travala, a service that allows its users to pay for hotel stays with cryptocurrency, will now let its customers reserve any hotel that is bookable through Booking.com. Travala announced in a press release on Nov. 25 that […]
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Thai regulator eyes tweaks to the country’s cryptocurrency regulations, which appeared in 2018 but have so far delivered just five certified businesses. Lawmakers in Thailand plan to reform cryptocurrency laws after voicing concerns that they have made the country uncompetitive. As local English-language news outlet Bangkok Post reported on Nov. 25, Thailand’s regulator, the Securities […]
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Markets defend the critical Bitcoin price level after BTC/USD extends a week of rapid losses, which at one point totaled almost 25%. Bitcoin (BTC) dropped to within $15 of $6,500 on Nov. 25 after another day of significant losses obliterated previous support levels. Cryptocurrency market daily overview. Source: Coin360 Bitcoin comes within an inch of […]
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Tether-affiliated crypto exchange Bitfinex is battling a new class action complaint, deemed by the firm to be both “mercenary and baseless.” Tether-affiliated crypto exchange Bitfinex is battling a new class action complaint, deemed by the firm to be both “mercenary and baseless.” In an announcement published on Nov. 24, the exchange revealed the lawsuit was […]
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Binance and Bithumb deny their Shanghai offices have been raided by Chinese police, and Bitcoin completely wipes out the gains from its October rally. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and […]
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Bitcoin is at a critical level. Rising open interest on Bakkt with intraday recovery in BTC price indicates buying at lower levels. The total crypto market capitalization slumped from close to $238 billion on Nov. 18 to a low of about $189 billion on Nov. 22. That is a drop of just over 20% within […]
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The evolution of JPMorgan Chase’s blockchain products, an expert take by former JPM and U.S. SEC tech leads. JPMorgan Chase — whose CEO, Jamie Dimon, once notably expressed skepticism over cryptocurrency — was actually one of the first financial institutions to “learn to love the blockchain.” In 2015, the bank created a division dedicated to […]
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Institutional investors appear unfazed by the perils of trusting others with their private keys, despite the well-publicized risk of loss, theft and regulators. Cryptocurrency institutional investors overwhelmingly keep their wealth on exchanges despite the inherent security risks, new data claims. Compiled by cryptocurrency exchange Binance on Nov. 22, a survey asked 76 institutional investors who […]
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Gladius, a cryptocurrency startup that raised over $12 million in a 2017 ICO, announced it is ceasing operations without reimbursing its token holders. Distributed cybersecurity startup Gladius dissolved without complying with the United States Securities and Exchange Commission (SEC) to reimburse investors. The firm’s co-founder and chief technology officer Alex Godwin announced the dissolution of […]
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