Overstock’s total net revenue reportedly decreased from $445 million in Q1 2018 to $367 million in Q1 2019. Online retail giant and major crypto industry disruptor Overstock.com has seen a 17% decrease in revenue in Q1 2019 from Q1 2018, the firm’s CEO Patrick Byrne revealed in the latest quarterly report released on May 9. […]
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The government of Liechtenstein announced that it has passed new token, virtual asset service provider and blockchain regulation. The government of Liechtenstein announced that it has passed new tokenization, virtual asset service provider and blockchain regulation in a press release published on May 8. Per the release, the new Token and VT Service Providers Act, […]
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Blockchain security and cryptocurrency custody firm BitGo has appointed a Wall Street high-frequency trader as its head of financial services. Blockchain security and cryptocurrency custody firm BitGo has appointed a veteran Wall Street trader as its head of financial services, according to a press release published on May 9. The new hire, Nick Carmi, joins […]
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Galaxy Digital CEO Michael Novogratz said that he expects bitcoin (BTC) to beat its all-time-high price within 18 months. Galaxy Digital CEO Michael Novogratz said that he expects bitcoin (BTC) to beat its all-time-high price within 18 months. Novogratz made his remarks during an interview with mainstream media CNN published on May 9. During the […]
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Proceedings from yesterday’s hack of cryptocurrency exchange Binance have been moved to seven addresses. Proceedings from yesterday’s hack of cryptocurrency exchange Binance have been moved to seven addresses, crypto news outlet The Block reports on May 9. The breach resulted in about 7,074 bitcoins (BTC) — worth nearly $42.8 million at press time — being […]
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U.S. financial regulators noted institutional literacy in digital assets and blockchain data analysis in today’s budget proposals. The chairmen of two United States financial regulators, the Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC) testified before Congress today, May 8. The hearings before the Senate Committee on Appropriations served to inform […]
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Global exchange website Currency.com has announced that it will be offering a tokenized form of Belarussian government bonds. The global exchange website Currency.com has announced that it will be offering a tokenized form of Belarussian government bonds, according to a press release on May 7. According to the press release, users can now use fiat […]
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A group of 35 largest cryptocurrency traders is reportedly mulling the idea of creating a blacklist of counterparties engaged in nefarious activities. A group major cryptocurrency traders is considering the idea of creating a blacklist of counterparties engaged in nefarious activities in the crypto space, Bloomberg reported on May 8. At a meeting in Chicago […]
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Facebook has revised its policy on blockchain-related ads and educational materials regarding cryptocurrencies. Ads pertaining to blockchain tech, industry news, as well as events and educational materials for cryptocurrencies can now be displayed on Facebook without prior approval. The social media giant announced the development on Facebook Business on May 8. This marks a change […]
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Despite the recent hack and theft of 7,000 bitcoins from crypto exchange Binance, the coin is making decent gains on the day. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own […]
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