Tether, Bitfinex fight back against New York attorney general’s legal claims, as the stablecoin maintains stability. Tether has been one of the most controversial topics in the cryptocurrency community over the last two years — and things have come to a head over the past few weeks. The wider crypto community has been skeptical of […]
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U.S.-based coffee chain Starbucks is working with tech giant Microsoft on its blockchain-based coffee tracking initiative. United States-based coffee chain Starbucks will implement tech giant Microsoft’s Azure Blockchain Service to track coffee production, tech news site GeekWire reports on May 6. Starbucks first announced its “bean to cup” initiative in 2018, stating that it would […]
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Stablecoin tether is apparently only backed 74% by cash reserves, and Elon Musk and Vitalik Buterin get friendly on Twitter. Top Stories This Week Fractional Reserve Stablecoin Tether Only 74% Backed by Fiat Currency, Say Lawyers According to documents released by USD stablecoin tether’s (USDT) lawyers, the company behind the stablecoin only has enough fiat […]
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The partnership aims to keep user data safe and prevent distributed denial-of-service attacks. Vietnam’s CMC Telecom and American cloud service provider Akamai have signed a joint agreement to deliver security services to a blockchain-based trading floor, according to a report shared on CMC’s website on May 2. Akamai is one of the biggest global distributed computing platforms, […]
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Crypto markets are experiencing a major bull move, with all of the top 20 coins seeing significant growth over the day. Friday, May 3 — the crypto markets have rallied today, with bitcoin (BTC) breaking new 2019 highs. All the top 20 cryptocurrencies by market cap are seeing significant gains over the past 24 hours, […]
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ICE was reportedly using the “crypto winter” to purchase crypto assets at a discount for its institutional cryptocurrency trading platform Bakkt. Intercontinental Exchange Inc (ICE) purportedly took advantage of the “crypto winter” to purchase crypto assets at a discount for its institutional cryptocurrency trading platform Bakkt, Reuters reported on May 2. ICE’s chief executive officer […]
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London Stock Exchange CEO Nikhil Rathi believes that blockchain can find some use in securities issuance and trade settlement. The CEO of the London Stock Exchange (LSE), one of the world’s oldest stock exchanges, believes that blockchain could have a use in issuing securities and settlement. CNBC reported on the CEO Nikhil Rathi’s comments on […]
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Following media reports in late April, Chicago-based cryptocurrency exchange ErisX has launched spot trading. Chicago-based crypto exchange ErisX has officially announced the public launch of its spot market, the firm tweeted on April 30. The ErisX spot exchange is the first part of the company’s development of a single platform that will represent both a […]
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After seeing small gains yesterday, bitcoin dropped below the $5,300 support while U.S. stocks hit all-time highs. Monday, April 29 — after seeing moderate gains yesterday, crypto markets have tumbled at press time, with most of the top 20 coins by market cap in the red. Bitcoin cash (BCH), the fourth top crypto by market […]
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Intercontinental Exchange (ICE)-lead institutional cryptocurrency trading platform Bakkt has аcquired a crypto custodian service. Intercontinental Exchange (ICE)-lead institutional cryptocurrency trading platform Bakkt has аcquired a crypto custodian service, the firm announced on April 29. In a blog post, Bakkt announced a number of new measures in its apparent effort to stimulate regulatory feedback, including the […]
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