American billionaire Mark Cuban says Bitcoin and gold are fundamentally the same thing, and that gold is a terrible investment. Mark Cuban, owner of the Dallas Mavericks professional basketball team, has said that he hates gold as an investment, and views Bitcoin (BTC) as fundamentally similar to gold. Cuban delivered his remarks in an interview […]
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The Texas State Securities Board issued a cease and desist order against an alleged crypto scammer advertising on Craigslist. Authorities in Texas have issued a cease and desist order against an alleged crypto scammer operating on Craigslist. According to an Aug. 7 announcement, the Texas State Securities Board (SSB) enforced an emergency action against New […]
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Blockstream announces two massive data centers for Bitcoin mining co-location, and the world’s first BetterHash pool. Blockchain technology company Blockstream has announced details of its Bitcoin mining services. In a blog post on Aug. 8, the company revealed two massive data centers for enterprise class co-location services, along with Blockstream Pool, using the BetterHash protocol. […]
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Coinbase Custody Trust Company has appointed Richard Neiman and Robert Easton to its Board of Directors, who previously held various leadership positions in the New York State financial regulatory system. Coinbase Custody Trust Company has appointed two new members, previously of the New York State Banking Department and the New York Department of Financial Services, […]
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The Winklevoss twins’ Gemini platform is being added as a constituent exchange for the Chicago Mercantile Exchange’s cryptocurrency reference rates. The Winklevoss twins’ Gemini platform is being added as a constituent exchange for the Chicago Mercantile Exchange (CME Group)’s cryptocurrency reference rates. As revealed in an official tweet from CME Group on Aug. 8, Gemini […]
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A subsidiary of U.S.-based stock and crypto trading app Robinhood received FCA approval to operate as a broker in the U.K. A subsidiary of United States-based stock and crypto trading app Robinhood has been approved to operate as a broker in the United Kingdom. Robinhood approved to operate as a broker in the UK Robinhood […]
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A study reveals that more than 80% of all crypto related posts on Reddit are positive in nature, sentiment toward crypto on a rise in recent years… Despite all of the bad press that the digital asset industry continues to receive on an almost daily basis, it appears as though the overall sentiment of the […]
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Negligence over the botched 2017 launch presents a way forward, Vince Chhabria says, but fraud allegations are lacking. Cryptocurrency exchange Coinbase did not act fraudulently during its botched launch of Bitcoin Cash (BCH), a United States judge has ruled. Coinbase accused of insider trading BCH listing In a court order issued on Aug. 6, U.S. […]
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Crypto lender BlockFi secured $18.3 million in a funding round led by a PayPal co-founder’s VC firm Valar Venture. American cryptocurrency lender BlockFi has secured $18.3 million in a funding round led by Valar Ventures. The Series A funding round saw participation from a number of crypto-focused investors, including Winklevoss Capital and Galaxy Digital, according […]
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Cryptocurrency exchange Bittrex has completed switching Tether from the OMNI-based implementation of the stablecoin to the ERC-20 one. American cryptocurrency exchange Bittrex has completed switching Tether (USDT) from the OMNI-based implementation of the stablecoin to the ERC-20 standard on the Ethereum network. Bittrex announced that USDT deposits and withdrawals are now open in a tweet […]
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