Major crypto exchange Binance is in the final stages of talks to acquire the biggest crypto market data provider CoinMarketCap for up to USD 400 million, The Block reported, citing undisclosed people familiar with the matter. CoinMarketCap’s ability to drive a significant amount of traffic is one of the major reasons for the acquisition, while…
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NXC, the South Korean operator of the Bitstamp and Korbit cryptocurrency exchanges, has launched a new crypto subsidiary, with plans to open a third trading platform. NXC is the holding company of gaming giant and business group Nexon, and officially unveiled its new Arques subsidiary on March 31, with a view to opening a new…
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The SEC has opposed Telegram’s request for clarification as to whether the injunction granted against its Gram distribution has jurisdiction outside of the United States. The United States Securities and Exchange Commission has opposed Telegram’s request for clarity regarding the geographic scope of a court injunction barring the company from distributing its Gram (GRAM) tokens.…
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Quarterly performance for Bitcoin has stabilized after its drop to $3,700 two weeks ago, while Q2 is historically the best three months for BTC/USD. Bitcoin (BTC) has in total suffered just 10% from the coronavirus outbreak which obliterated stocks and caused the United States to print $6 trillion. That was according to the latest quarterly…
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Recently, bitcoin price started a fresh increase above the USD 6,300 and USD 6,400 levels. BTC/USD even spiked above USD 6,550, but it failed to continue higher. It is currently (08:30 UTC) consolidating gains above USD 6,400 and it could make another attempt to gain strength above USD 6,550. Similarly, many major altcoins overcame key…
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In the midst of the COVID-19 pandemic and the financial crisis it has been causing, we seem to be witnessing some worrying signs for both fiat users and democracy. Here are three recent cases. 1. The U.S.: ‘Don’t hoard cash’ In the midst of the pandemic, people in certain countries, such as in the U.S.,…
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HackerOne has removed blockchain-based voting platform Voatz’s bug bounty program following a number of issues. For the first time in its history, bug bounty and vulnerability disclosure platform HackerOne has kicked a company off its platform. Blockchain-based voting platform Voatz has long touted its bug bounty program through HackerOne when asked about the security of its…
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Hong Kong Stock Exchange-listed BC Group, the operator of institution-focused digital assets trading platform OSL, reported a 737% increase in revenue in 2019. Hong Kong Stock Exchange-listed BC Group, the operator of institution-focused digital assets trading platform OSL, reported a 737% increase in revenue in 2019. On March 31, BC Group revealed that its OSL…
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The Canadian firm HIVE has doubled its global mining capacity by acquiring a 30 M/W Bitcoin mining facility in Quebec. HIVE Blockchain Technologies, a Canadian publicly-traded ether (ETH) mining firm, has announced on March 30 the acquisition of a dedicated cryptocurrency mining operation with access to 30 megawatts of low-cost green power. The transaction was…
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Mt. Gox Rehabilitation Trustee Nobuaki Kobayashi was granted a motion with the Tokyo District Court to extend the deadline to July 1, 2020. The trustee of now-defunct Japanese cryptocurrency exchange Mt. Gox has extended the deadline for the submission of rehabilitation plans. According to an official announcement published on the company’s website on March 30,…
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