New data suggests that bitcoin’s growth is explained by its maturation as an asset. New data suggests that bitcoin’s (BTC) growth is explained by its maturation as an asset based on conversations surrounding the leading cryptocurrency, Bloomberg reported on May 15. Bloomberg cited a report from web intelligence platform Indexica, that developed an index based […]
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Cryptocurrencies have entered the green zone after seeing some losses over the past day, with bitcoin briefly hitting $8,200. Wednesday, May 15 — All of the top 20 coins are in the green after seeing some losses over the past day, with some reporting double-digit gains, according to Coin360. Market visualization by Coin360 The leading […]
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Major global crypto exchange Huobi launched a Gibraltar-regulated OTC desk to fulfill demand for large volume trading. Major global crypto exchange Huobi has launched a regulated over-the-counter (OTC) trading desk for institutional investors, according to a blog post on May 15. The new OTC crypto trading platform, Huobi OTC Desk, is fully regulated by the […]
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In the course of a planned hard fork update, the BCH network appears to have experienced difficulties processing transactions. In the course of a planned hard fork update, the bitcoin cash (BCH) network experienced difficulties processing transactions, cryptocurrency exchange BitMEX tweeted on May 15. Following the expected fork at block 582,680, the network purportedly began […]
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Coinbase CEO Brian Armstrong says the exchange’s custody service received the $1 billion in the 12 months after its launch. During an on-stage discussion at Consensus, Brian Armstrong, CEO of major United States cryptocurrency exchange Coinbase, said that its custody service has already received $1 billion in crypto under management. Coindesk reported on Armstrong’s comments […]
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The Japanese company achieved unicorn status last month after funding put its valuation at more than $1 billion. Crypto trading platform Liquid has established a joint venture with Virtual Currency Partners in order to enter the United States market, Cointelegraph Japan reported on May 15. The Japanese company, which achieved unicorn status after funding put […]
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Dunamu gave funding to 26 blockchain startups as part of a multi-year investment roadmap. The parent company of South Korean cryptocurrency exchange Upbit has invested almost $50 million in blockchain startups since March 2018, English-language Korean business news outlet The Investor reported on May 15. Dunamu, which created a dedicated investment subsidiary, Dunamu & Partners, […]
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Most of the top 20 cryptocurrencies are reporting moderate gains on the day as bitcoin has fallen below the $8,000 mark again. Wednesday, May 15 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) has fallen below the $8,000 mark again. Market visualization courtesy […]
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The preliminary work to make the exchange fit for mainstream use once again has finished, developers say. Cryptocurrency exchange Binance has confirmed it has completed a major system upgrade and will relaunch its trading platform at 13:00 UTC on May 15. Binance, which lost over 7,000 BTC (at the time $41 million) in a hack […]
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Alex Tapscott and NextBlock Global have been ordered to cease and desist from committing further violations of the Securities Act. Blockchain entrepreneur Alex Tapscott has been fined $25,000 by the United States Securities and Exchange Commission (SEC,) according to a filing on May 14. Tapscott is the CEO of NextBlock Global, and in the filing, the SEC […]
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