Payments company Circle lays off another ten employees, saying the move is not related to the CEO’s recent transition out of his role. Payments company Circle has reportedly laid off another ten employees, following the news that its CEO Sean Neville quit his position — events that the firm says are unlinked. On Dec. 11,…
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Bitcoin price continues to yield to bears and could collapse to $6.5K or below if $7,080 and $6,800 fail to hold as support. For the past few days, Bitcoin price (BTC) has ranged between $7,400 to $7,100 and it seems bears are keen to push the price back below $7,000 before this week closes. Earlier…
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Venture capital firm Andreessen Horowitz has shared a list of instructors for its free, seven-week crypto startup school, scheduled to launch in February 2020. Venture capital firm Andreessen Horowitz (a16z) has shared a list of instructors for its free, seven-week crypto startup school, scheduled to launch in February 2020. On Dec. 11, the venture capital…
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Berlin-based fintech company solarisBank has established a subsidiary, solaris Digital Assets GmbH, to provide a custody solution for digital assets. Berlin-based fintech company solarisBank has established a subsidiary to provide a custody solution for digital assets. Per a Dec. 11 announcement, solarisBank’s newly established subsidiary, solaris Digital Assets GmbH, will provide clients with an application…
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After a failed attempt to clear the USD 7,550, bitcoin price started a fresh decline. BTC/USD broke the USD 7,400 support area and even the USD 7,350 pivot level. The price is now (09:00 UTC) struggling to stay above USD 7,200 and it may continue to move down. Similarly, there was a fresh decrease in…
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The Chamber of Digital Commerce and the Enterprise Ethereum Alliance have partnered to facilitate industry advocacy and education efforts around tokenization. The Chamber of Digital Commerce and the Enterprise Ethereum Alliance (EEA) have partnered to facilitate industry advocacy and education efforts around tokenization. According to a Dec. 11 press release, the two blockchain advocacy organizations…
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Shopin Founder and CEO Eran Eyal allegedly spent $500,000 of investor funds on personal expenses. The United States Securities and Exchange Commission (SEC) has charged Eran Eyal, the founder Shopin, with orchestrating a fraudulent initial coin offering (ICO). In a press release on Dec. 11, the SEC alleged that the businessman and his company defrauded hundreds…
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The CEO of Singaporean hedge fund Three Arrows Capital has warned that stock-to-flow-based predictions about rising Bitcoin (BTC) value in 2020 could be wide of the mark – and has claimed that investors pinning their hopes on mining reward halving and stock-to-flow movements could end up in “over-leveraged positions.” Speaking on the Venture Coinist podcast,…
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China’s Sichuan province accounts for over 50% of the global hash rate, according to a study by digital asset manager CoinShares. Chinese Bitcoin (BTC) miners are now responsible for controlling as much as 66% of global hash rate, a new report claims. China’s Sichuan province is accounting for over half the global hash rate, according…
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A game screenshot. Want to be a Bitcoin (BTC) collector, but you are either afraid of getting in the game or don’t have the funds to? Want to see what life is like for miners (not literally)? Well, there’s a literal game for you to play and experience what it’s like being a miner. The…
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