Liquidator Grant Thornton recovered $7.2 million since May but warns that the complexity of proving ownership makes it impossible to estimate timeframes. Liquidators of hacked New Zealand cryptocurrency exchange Cryptopia have recovered almost $11 million in the past six months, but say the process remains difficult. In its second report into its operations at Cryptopia,…
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Amsterdam-based bank and financial services firm ING is reportedly developing cryptocurrency custody technology. Amsterdam-based bank ING is reportedly developing cryptocurrency custody technology, Reuters reported on Dec. 12. The digital assets custody service being developed by ING is purportedly part of one of the bank’s several blockchain-related initiatives and is still at an early stage of…
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On Thursday, XRP is still the only top 10 coin in green in the past week, outperforming not only Bitcoin (BTC) and Ethereum (ETH). At pixel time (12:27 AM UTC), XRP is trading at c. USD 22 and, as prices have stabilized since the end of November, XRP bulls have trimmed monthly losses against the…
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Cryptocurrency exchange BitMEX added support for native SegWit addresses for Bitcoin withdrawals, which lets users pay lower transaction fees. Cryptocurrency exchange BitMEX added support for native segregated witness (SegWit) addresses for Bitcoin (BTC) withdrawals, which lets users pay lower transaction fees. According to an announcement on Dec. 12, BitMEX now allows its users to withdraw…
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A company that creates 3D images for online retailers won the Elev8CON 2019 startup showcase, demonstrating how blockchain and augmented reality can disrupt e-commerce. Eight companies gathered on stage at Elev8CON in Las Vegas on Dec. 10 to demonstrate how they are applying blockchain technology to solve real-world problems and improve financial industries. The startup…
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Russian blockchain platform Waves is launching Gravity Hub, a blockchain-agnostic protocol resolving the interoperability issue. Open-source blockchain platform Waves is launching Gravity Hub, a blockchain-agnostic protocol resolving the interoperability issue. It will also operate as a data oracle, feeding data from the outside world to the blockchain. Sasha Ivanov, founder of Waves platform and Waves…
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CA State Assembly Majority Leader pushes for legal certainty of blockchain in California, shares plans for moving forward at Elev8CON. Speaking at Elev8CON in Las Vegas on Dec. 10, Majority Leader of the California State Assembly Ian Calderon discussed plans to bring greater legal certainty for blockchain technology to the State of California. California is…
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ConsenSys founder Joseph Lubin has reportedly informed teams in India and the Philippines that their offices would be closing down. Consensys founder Joseph Lubin has informed teams in India and the Philippines that their offices will be closing down. Consensys confirmed to Cointelegraph that local offices in India and the Philippines would indeed be shut…
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Arthur Hayes. Major crypto exchange BitMEX and its co-founder and CEO Arthur Hayes just got into another problem. The company and its CEO are now being sued for USD 300 million by Frank Amato, a former JPMorgan Chase commodity derivatives trader, and RGB Coin Ltd., who claim to have been the first seed investor of…
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Central Asia following the sweeping global crypto and blockchain trend, with concrete adoption and utilization cases across the region. Cryptocurrency and blockchain technology continues to be a global phenomenon, with adoption and utilization cases emerging in almost every corner of the globe. Digital technology has become so popular that it is now a major talking…
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