Unconfirmed: Novogratz’s Galaxy Digital to Raise $250 Million to Offer Crypto Loans

Novogratz’s Galaxy Digital is planning to launch a funding round for crypto lending in March, according to an unconfirmed report. Mike Novogratz’s crypto merchant bank Galaxy Digital is reportedly raising at least $250 million to offer loans to crypto-related firms, according to an unconfirmed report published by American news site Business Insider on Jan. 23. […]

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Hong Kong Stock Exchange Head Hints at Incompatibility of Bitmain IPO

CEO Charles Li Xiaojia warned journalists at the World Economic Forum that companies should not flit between business cases prior to listing. The head of the Hong Kong Stock Exchange (HKEX) has addressed queries about initial public offering (IPO) listings amid confusion over Bitcoin mining giant Bitmain’s application. English-language newspaper South China Morning Post (SCMP) […]

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Hong Kong Hardware Manufacturer Releases Mining GPU for New Privacy-Oriented Coin

Hong Kong-based computer hardware manufacturer Sapphire is releasing a GPU for mining a newly-released privacy-oriented coin. Hong Kong-based computer hardware manufacturer Sapphire has announced a new graphics card for mining the recently-launched GRIN Coin, according to an official press release published on Jan. 22. The SAPPHIRE RX 570 16GB HDMI Blockchain Graphics Card is one […]

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Iceland: Figurehead in Bitcoin Miner Heist Jailed for More Than Four Years

Suspect in Bitcoin miner heist Sindri Þór Stefánsson managed to flee to Sweden before authorities arrested him in the Netherlands. An Icelandic man has received a four-and-a-half-year prison sentence for stealing Bitcoin mining equipment, local English-language news outlet Iceland Monitor reported Jan. 17. Sindri Þór Stefánsson, who in April 2018 boarded a flight to Stockholm […]

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Major Central Bank Institution BIS: Bitcoin Must Depart From Proof-of-Work

According to research conducted by the Bank for International Settlements, Bitcoin’s problems are only solvable by departing from proof-of-work. Bitcoin’s (BTC) problems are only solvable by departing from a proof-of-work (PoW) system, according to research published by the Bank for International Settlement (BIS) on Jan. 21. According to the paper, when in the future Bitcoin’s […]

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Fixing Blockchain: Startup to Clamp Down on Illicit Activities and Welcome Consumers

sponsored A new blockchain network is focusing on social responsibility — clamping down on fraud, illicit activities and making crypto accessible to millions of people. For the everyday consumer, cryptocurrencies and blockchain are still shrouded in mystery. User interfaces that are difficult to understand represent a major barrier to entry, with slow transaction speeds frustrating […]

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Hodler’s Digest, Jan. 14–20: Top Stories, Price Movements, Quotes and FUD of the Week

Bakkt has announced their first acquisition, and a New Zealand crypto exchange has been hacked. Top Stories This Week Ethereum’s Constantinople Hard Fork Delayed Until February After Vulnerability Found Ethereum’s (ETH) Constantinople hard fork has been delayed until late February after smart contract audit firm ChainSecurity found a security vulnerability allowing a reentrancy attack. The […]

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Linux-Targeting Cryptojacking Malware Disables Cloud-Based Security Measures: Report

A new cryptojacking malware reportedly has the ability to disable cloud-based security measures to avoid detection on Linux-based servers. A new cryptojacking malware has the ability to disable cloud-based security measures to avoid detection on Linux servers, research by information security company Palo Alto Networks Jan. 17 reveals. The malware in question mines Monero (XMR) […]

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