This week, PayPal ventured into blockchain for the first time, and Coinbase turns to cross-border payments. Top Stories This Week PayPal Invests in Digital Identity-Focused Blockchain Startup in Apparent First Global online payments firm PayPal has invested in startup Cambridge Blockchain, a firm that focuses on leveraging the tech in order to give users more […]
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Crypto mining seems popular among students, but does this “free” money thing really work? Last month, reports surfaced on crypto mining research conducted by tech conglomerate Cisco with the following headline: “College kids are using campus electricity to mine crypto.” Indeed, many students don’t have to worry about paying power bills, as per their university […]
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Binance’s official digital currency wallet app Trust Wallet has added a staking feature for cryptocurrencies Binance’s official digital currency wallet app Trust Wallet has added staking for cryptocurrencies. The development was announced by Binance in a blog post published on April 3. The staking feature — which is scheduled to be launched by Binance by […]
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Some cryptocurrency exchange platforms are inflating their Bitcoin trading volumes to earn higher listing fees, but the market’s liquidity is still due to trading activity on tightly regulated exchanges. In mid-March, Bitwise Asset Management issued a damning report on Bitcoin (BTC) trading figures. The San Francisco-based index fund provider declared that up 95 percent of […]
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The crypto exchange also placed higher than Twitter and Intel in the listings, which refer to the U.S. market. United States cryptocurrency exchange Coinbase has become the only cryptocurrency business to make it into LinkedIn’s list of the most popular companies for 2019, results confirmed on April 3. The yearly rundown, which ranks company popularity […]
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A case involving a drug dealer has concluded after he failed to convince a judge his Bitcoin earnings were legitimate. A Toronto judge has ruled an online drug dealer must pay his entire $1.4 million Bitcoin (BTC) holdings to the state in what is reportedly Canada’s largest ever forfeiture, local daily news outlet The Star […]
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Binance’s CEO Changpeng Zhao has revealed that a fiat-to-crypto exchange in Singapore will launch in April. Changpeng Zhao (CZ), CEO of second-largest crypto exchange Binance, has announced that its branch in Singapore will open in April. A Cointelegraph correspondent reported on the development on April 4 from the Deconomy conference in Seoul. CZ took part […]
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Binance’s CEO CZ announces that Binance DEX will be fully launched later in April. Changpeng Zhao, CEO of the world’s second largest crypto exchange by adjusted volume Binance, has revealed that the company will launch its decentralized trading platform later this month. This development was reported by a Cointelegraph correspondent at the Deconomy conference in […]
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Coinbase has revealed details of its insurance coverage for its hot wallet crypto holdings, reportedly covering a $255 million limit via a Lloyd’s of London-registered broker. Major American cryptocurrency exchange Coinbase has revealed details of its insurance coverage for its hot wallet crypto holdings, reportedly covering a $255 million limit via a Lloyd’s of London-registered […]
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Ernst & Young has argued that the now-shuttered Canadian crypto exchange QuadrigaCX should be placed in bankruptcy rather than undergo restructuring. Big Four audit firm Ernst & Young (EY) has argued that the now-shuttered Canadian crypto exchange QuadrigaCX should be placed in bankruptcy instead of being restructured as part of ongoing creditor protection proceedings. EY […]
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