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. major cryptocurrency exchange Coinbase has barred British right-wing pundit Milo Yiannopoulos from its platform. American major cryptocurrency exchange Coinbase has barred British right-wing pundit Milo Yiannopoulos from its platform, Yiannopoulos stated in a Gab post on May 3. Yiannopoulos is a well-known political commentator and public speaker, espousing controversial far-right views and describing himself […]
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Social media giant Facebook reportedly acquired the rights to the “Libra” trademark for its secretive cryptocurrency project. Social media giant Facebook acquired the rights to the “Libra” trademark for its secretive cryptocurrency project, crypto news website The Block reported on May 3. The Block claims that a source familiar with the matter confirmed that Facebook […]
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MIT career development professor Christian Catalini is reportedly on leave and working with Facebook on its cryptocurrency projects. Massachusetts Institute of Technology professor Christian Catalini is on leave and working on the development of Facebook coin, cryptocurrency news Coindesk reported on May 3. Per the report, two anonymous sources with knowledge of the situation told […]
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Professor Emi̇n Gün Si̇rer talks with CT about blockchain evolution and stagnation. This interview has been edited and condensed. The co-director of the Initiative for Cryptocurrencies and Smart Contracts (known as IC3), Emin Gün Sirer, is an associate professor at Cornell University, whose research focuses on peer-to-peer systems, operating systems, distributed systems and computer networking. […]
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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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Chief technology оfficer at U.S.-based cryptocurrency exchange Coinbase, Balaji Srinivasan, announced his departure. Chief technology officer at major United States-based cryptocurrency exchange Coinbase, Balaji Srinivasan, announced his departure from the company on Twitter on May 3. In his tweet, Srinivasan said that he had enjoyed his time at the exchange and that he will now […]
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In a few hours, the price of bitcoin surged past $5,700 with a 5% gain, allowing the crypto market to add $7 billion overnight. Over several hours on May 3, the price of bitcoin spiked from around $5,300 to over $5,700 in major markets, allowing the crypto market to gain more than $7 billion in […]
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Major American cryptocurrency exchange and wallet service provider Coinbase has added support for DOGE to its Coinbase Wallet American major cryptocurrency exchange Coinbase has added support for Dogecoin (DOGE) to its crypto wallet service Coinbase Wallet, according to an announcement published on May 1. The announcement states that users can now store DOGE directly in […]
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In Q1 2019, payment platform Square saw a new revenue high from BTC sales through the Cash app, with the overall profit from bitcoin sales remaining low. Payment platform Square saw a new revenue high from bitcoin (BTC) sales through its Cash app, while profits from Bitcoin sales remained low, according to a letter to […]
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