Binance’s United States-based arm, Binance.US, will launch staking rewards for Tezos on April 16, to totally support three tokens for staking. As Tezos (XTZ) staking has apparently been getting more popular in recent months, the service will be soon available on another cryptocurrency exchange in the United States. Binance.US, the U.S. arm of the world’s…
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A ransomware group switched from Bitcoin to Monero to better protect the hackers’ identities. A kind of ransomware — a malware that encrypts user data and asks for a ransom to restore access to it — switched from Bitcoin (BTC) to Monero (XMR) to better protect the hackers’ identities. According to an April 11 report…
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Different vectors of development within the crypto industry have led to the emergence of stablecoins, which could be the most usable type of money in the future. Cryptocurrency was invented and designed to provide numerous benefits for global private and institutional clients, to free people from the burden of banking systems and to create a…
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The subsidiary of Japanese financial services giant SBI Holdings has increased their share of Bitcoin SV following the April 10 halving. A subsidiary of Japanese financial services giant SBI Holdings has seen its share of Bitcoin Satoshi’s Vision (BSV) mining pool share rise since the first halving on April 10. According to cryptocurrency information site…
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Bitcoin drops to a key level, Jack Dorsey pledges $1 billion to fight the coronavirus, and how blockchain is being used to fight fake news in the age of COVID-19. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and…
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Could 11 class-action lawsuits filed against major players from the crypto space do damage to the industry, or will they help it mature? Roche Cyrulnik Freedman LLP, working with Selendy & Gay PLLC, filed 11 class-action lawsuits on April 3 in the Southern District of New York against seven token issuers and four of the…
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The cryptocurrency exchange made the decision in the midst of allegations that Monero transactions were used for criminal acts. Huobi Korea announced on April 8 that they would be ending support for Monero (XMR) trading starting on April 9, 2020. They stated that this was due to “low trading volumes and anonymity functions”. They did…
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Does the FDIC’s recent video urging against bank runs relate to crypto? Wilshire Phoenix’s CEO and a former CBOE trader weigh in. The Federal Deposit Insurance Corporation, or FDIC, recently posted a video urging the public not to rush to banks for cash withdrawals. Does this relate to crypto? “Your money is safe at the…
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Check out this week’s Bad Crypto News. Bitcoin is still floating comfortably around $7,000 after a week in which it’s risen more than ten percent. Over at Bitcoin.com, the news is not so good. Candor, a site that lists jobs lost to the coronavirus, has reported that Roger Ver is planning to lay off half…
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Blockchain tech is definitely needed and has proved its place as the technology of the future. Meanwhile, there is still a lot to be done. I have a feeling that a lot of businesses still don’t understand why they need blockchain, while others may believe they need it just because they think it’s another fashionable…
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