Analysis company Coin Metrics acquired crypto index firm Bletchley Indexes and plans to launch cryptocurrency smart beta indexes. Cryptocurrency analytics company Coin Metrics announced that it has acquired digital asset index firm Bletchley Indexes and plans to launch crypto smart beta indexes. The announcement was made in a blog post published on June 7. Per […]
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Margin lenders on American cryptocurrency exchange Poloniex have lost around $13.5 million due to a flash crash. Margin lenders on American cryptocurrency exchange Poloniex have lost around $13.5 million due to a flash crash. Poloniex announced about the incident in a blog post published on June 6. Poloniex revealed that on May 26 a severe […]
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While Japan’s new laws are welcoming for most crypto exchanges, as they expect more institutional investors, custodians and wallet makers are getting worried. On May 31, the Japanese House of Representatives amended two cryptocurrency-related laws, the Payment Services Act and the Financial Instruments and Exchange Act, which will come into effect in April 2020. Most […]
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Speculation remains over whether Jihan Wu will serve as chairman or CEO of Matrix, the upcoming crypto services startup. Ex-Bitmain CEO Jihan Wu could launch his newest venture next month, according to a report by The Block on June 5. One unnamed source told the website that the crypto services startup, called Matrix, “will be […]
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The success of Tezos’ self-amendment process and other recent events stress the relevance of the topic of governance in the crypto community. On May 30, Tezos implemented the amendment Athens A, as the result of a voting process that involved its baker nodes (the Tezos equivalent of “miners”) from Feb. 28 to May 30. Although […]
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Amsterdam-based exchange Blockport previously declared bankruptcy after its STO did not reach an expected $1.1 million soft cap. Amsterdam-based crypto exchange Blockport will attempt a relaunch after the firm said it would shut down its platform by the end of May, tech news outlet The Next Web reports on June 4. On May 22, Blockport […]
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New Yahoo-backed crypto exchange Taotao is expected to go live on May 30. Japanese cryptocurrency exchange Taotao is expected to go live at noon on May 30, as per the company’s official Twitter page. Notably, the new trading platform is heavily backed by Yahoo Japan, marking the local internet giant’s arrival into the field of […]
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Facebook’s payment-focused cryptocurrency Globalcoin could face demographic challenges, according to recent research by crypto analysis firm Diar. Facebook’s payment-focused cryptocurrency Globalcoin will face demographic challenges, according to recent research by cryptocurrency analysis firm Diar published on May 28. Facebook’s native cryptocurrency — which will purportedly seek to disrupt or bypass banking networks in order to […]
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There exists a possibility the abrupt fall of bitcoin to $6,400 could hinder the chances of an ETF approval. On May 17, bitcoin’s (BTC) price experienced a “flash crash,” dropping to $6,400 within minutes, which was triggered by a 5,000 BTC sell-off — equivalent to around $35 million at the time. An individual investor, speculated […]
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EOS developer Block.one is attempting a 10% buyback of its stock. Earlier this week, it was revealed that EOS developer Block.one is attempting a 10% buyback of its stock, reportedly the second one in less than a year. It seems that some of the company’s investors are up for a big payday: The earliest backers […]
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