One of the 21 founding members of the Libra Association, Bison Trails, has raised $25.5 million from Blockchain Capital, Coinbase and ConsenSys. New York-based blockchain startup Bison Trails has raised $25.5 million in a new funding round led by major venture capital firm Blockchain Capital. One of the 21 founding members of the Libra Association,…
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Source: iStock/Albert_Karimov 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. Bitcoin news At least BTC 1.5 million (USD 12 billion), or c. 8% of the current Bitcoin’s supply, might be assumed to be lost, crypto market analysis firm Coin…
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Major crypto exchanges, such as Binance, Coinbase and Bitstamp dropped in the ranking of the “most trusted” exchanges, updated by a provider of the crypto market data CryptoCompare. Gemini and OKEx jumped the most. As reported, CryptoCompare rolled out its Exchange Benchmark in June, encompassing more than 100 exchanges, are graded from high to low,…
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The developers of privacy-centric cryptocurrency Grin have hit back at the fundamental claims of an article purporting to have “broken” the coin’s privacy model. The developers of privacy-centric cryptocurrency Grin (GRIN) have hit back at the fundamental claims of an article purporting to have “broken” the coin’s privacy model. In a Medium blog post published…
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Another FAANG company has its sights on financial services — this time it’s Google, as Forbes has reported, polemically claiming this could “kill Bitcoin.” Another FAANG company has its sights on financial services — this time it’s Google, as Forbes reported on Nov. 16, polemically claiming this could “kill Bitcoin.” In an interview with the…
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The need for censorship-resistant currencies like Bitcoin has been thrown, yet again, into stark relief as HSBC shutters an account reportedly used to fund Hong Kong protestors. The need for censorship-resistant currencies like Bitcoin (BTC) has been thrown, yet again, into stark relief as HSBC shutters an account reportedly used to fund Hong Kong protestors. …
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Yesterday, we discussed the possibility of a downside extension in bitcoin towards the USD 8,250 and USD 8,050 support levels. BTC/USD did decline recently and broke the USD 8,250 support area. The price is now (09:00 UTC) struggling to stay above the USD 8,050 and USD 8,000 support levels. Similarly, most major altcoins extended their…
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Ex-Wall Street trader Nik Bhatia says the Lightning Network has made Bitcoin an unprecedented asset by combining a store of value with medium-of-exchange scale and speed. Bond market veteran Nik Bhatia says that with Lightning, Bitcoin (BTC) has become an unprecedented asset by combining a store of value with medium-of-exchange scale and speed. This recognition…
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The run-up to the May 2020 block reward halving will look nothing like the last two, says Willy Woo, as bearish sentiment characterizes markets. Bitcoin (BTC) barely managed to maintain $8,000 support on Nov. 19 as analysts warn the outlook for markets is increasingly bearish. Cryptocurrency market daily overview. Source: Coin360 Bitcoin sheds 3.7% overnight…
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Source: iStock/t_kimura The Royal Bank of Canada (RBC), the Canada-headquartered major global bank, has responded to reports that claimed it is on the verge of launching a Bitcoin and altcoin trading platform – saying it has no “near-term plans to launch a cryptocurrency exchange for clients.” Earlier this month, media outlet The Logic claimed it…
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