Swiss cryptocurrency financial firm Amun AG launched a derivative giving investors inverse exposure to Bitcoin, called 21Shares Short Bitcoin. Swiss cryptocurrency financial firm Amun AG launched an Exchange Traded Product (ETP) giving investors inverse exposure to Bitcoin (BTC), called 21Shares Short Bitcoin (SBTC). As Cointelegraph Japan reported earlier today, Amun launched the derivative in question…
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Data shows Litecoin is not “digital silver” but a slight correlation between LTC and silver can provide insight into the digital asset’s future returns. The start of 2020 has seen considerable gains in the cryptocurrency market as a whole. Recently, Bitcoin (BTC) price reached a 2-month record high crossing above the $9,000 mark as well…
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain news Dfinity, a blockchain-based cloud computing company, unveiled an open version of LinkedIn, dubbed LinkedUp. The Telegraph reports that the network will run on the highly anticipated, USD Read more…
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Major global economists credit Facebook’s Libra with pushing the world to reconsider the U.S. dollar as the world’s anchor currency at WEF panel in Davos. Major global economists credit Facebook’s Libra with pushing the world to start reconsidering the United States dollar as anchor currency. At a Jan. 23 panel at the annual World Economic…
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MIT’s crypto research group said the crypto and blockchain space is an experimental playground paving the way for a central bank digital currency. MIT’s crypto and distributed ledger tech research group, the Digital Currency Initiative, recently explained that a central bank digital currency (CBDC) will eventually use some of the concepts and technology currently at play…
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A Chainalysis report finds more exchange hacks in 2019, but less money stolen than in heists from previous years. A Chainalysis report has found an increase in number of exchange hacks in 2019, though less crypto was actually stolen than in previous years. The findings In the report, Chainalysis includes only exchange attacks (excluding wallet…
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Ethereum (ETH), the second-most valuable digital asset by market capitalization, has become the “most relevant benchmark of the crypto market” in 2019, a new research from Binance Research claims. According to them, ETH displayed the “highest median correlation” with other digital assets over the course of last year, with an average correlation coefficient of 0.69.…
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An uncertain regulatory climate has led cryptocurrency mining companies to seek opportunities elsewhere, rather than in Quebec. The results of a 300 megawatt (MW) energy allocation for cryptocurrency miners, run by Canadian provincial utility provider Hydro-Québec, has failed to attract expected demand from the local industry. A Request for Proposals (RFP) for power allocation was…
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Gemini becomes the first crypto exchange and custody service to complete the SOC 2 Type 2 security inspection. U.S.-based crypto exchange and custodian Gemini has finished a SOC 2 Type 2 evaluation, proving the operation’s security. “The Type 2 is the highest level of security compliance that any organization can demonstrate,” Gemini’s head of risk,…
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Malta-based sports blockchain venture Chiliz is launching a cryptocurrency exchange for sports and entertainment tokens. Malta-based sports blockchain venture Chiliz is launching a cryptocurrency exchange for sports and entertainment tokens. In a press release shared with Cointelegraph on Jan. 23, Chiliz detailed that the new exchange — Chiliz.net — will roll out in February after…
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