Canada-based cryptocurrency mining company Great North Data has reportedly submitted a bankruptcy filing due to insolvency. Canada-based cryptocurrency mining company Great North Data has submitted a bankruptcy filing, purportedly due to insolvency. As the Canadian Broadcasting Corporation reported on Dec. 4, Great North Data — which operated crypto mining facilities in Labrador City and Happy…
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BitFlyer introduces Instant Buy on its European exchange platform, allowing users to buy crypto using a credit card, debit card or local instant transfer. Tokyo-based cryptocurrency exchange bitFlyer announced the launch of ‘Instant Buy’ on its European exchange platform. BitFlyer launched its latest feature Instant Buy on Dec. 5 to provide its European users with…
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Known crypto-hater U.S. Congressman Brad Sherman is elected to serve as Chairman of the Subcommittee on Investor Protection, Entrepreneurship and Capital Markets. The anti-crypto United States Congressman Brad Sherman (D-CA) has been elected to serve as Chairman of the Subcommittee on Investor Protection, Entrepreneurship and Capital Markets. On Dec. 5, Chairwoman of the House Financial…
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Crypto markets continue to trade sideways, with Bitcoin struggling to recover from its intraday low of below $7,200. Thursday, Dec. 5 — cryptocurrency markets have continued to trade sideways, with 18 of the top 20 coins by market cap seeing notable losses at press time. After Bitcoin (BTC) attempted another recovery yesterday to break above…
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Hardware wallet manufacturer Ledger has hired in-house security officer as chief technology officer to oversee the company’s security operations. Hardware wallet manufacturer Ledger has hired Charles Guillemet as chief technology officer (CTO) where he will oversee the company’s security operations. In a press release shared with Cointelegraph on Dec. 5, Ledger said that Guillemet has…
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Yesterday, a record of $8.9 billion in Bitcoin were moved on the blockchain in a single hour. On Dec. 4, $8.9 billion in Bitcoin (BTC) were moved on the blockchain in a single hour, excluding change volume, which is Bitcoin that returns to the sender. Bitcoin’s high transaction volume was pointed out by Rafael Schultze-Kraft,…
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The crypto loans industry is a relatively new sector, and yet many platforms have already established themselves. It may seem surprising, but platforms designed for loans and lending through the use of cryptocurrencies are a relatively new development for the crypto industry. Each platform adheres to its own strategy, but the idea shared by all…
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DXM, subsidiary of UpBit stakeholder Dunamu, works with crypto cybersecurity firm Ledger to launch an institutional crypto asset custody service. DXM, a financial services subsidiary of South Korean fintech firm Dunamu, has worked with crypto cybersecurity firm Ledger to launch an institutional crypto asset custody service. The partnership and the new custodian Industry news outlet…
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Decentralized exchange protocol AirSwap announced that it is running a bug bounty program with rewards up to $20,000 in DAI. Ethereum (ETH) decentralized exchange protocol AirSwap announced that it is running a bug bounty program with rewards up to 20,000 DAI (worth $20,000). It begins now and continues indefinitely. On Dec. 4, the AirSwap team…
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Cryptocurrency exchange Bitfinex and crypto store Bitrefill have partnered to allow the trading platform’s clients to shop with Bitcoin over Lightning Network. Cryptocurrency exchange Bitfinex and crypto store Bitrefill partnered to allow the trading platform’s clients to shop with Bitcoin (BTC) over the Lightning Network. According to a press release published on Dec. 4, Bitfinex…
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