A giant Bitcoin transaction between two unknown addresses was subsequently claimed by Bitfinex, which was reloading its hot wallet. The origin and destination of the funds at first remained unknown. The transaction followed fresh developments in the court case involving Craig Wright, the Australian computer scientist who claims to be Bitcoin inventor, Satoshi Nakamoto. As…
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New institutional investors flocking into Bitcoin helped major digital asset manager Grayscale Investments to raise over USD 600 million in 2019, or more than in 2013-2018 combined. Cumulative investment across the Grayscale family of products surpassed USD 1 billion for the first time, the company said in their 2019 Digital Asset Investment Report. The report…
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Bithumb has taken the South Korean National Tax Service to court over a multi-million dollar tax levy. Major South Korean cryptocurrency exchange Bithumb has decided to litigate a near $69 million (80 billion won) tax bill levied by the National Tax Service (NTS). According to a report published by The Korea Times on Jan. 16,…
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Major cryptocurrency exchange Biannce has entered negotiations regarding a partnership in the Japanese market. Binance, one of the top cryptocurrency exchanges globally, has started discussions regarding a strategic partnership with two Japanese firms. According to a press release on Jan. 17, Binance has begun negotiations with Z Corporation, a subsidiary of Z Holdings formerly known…
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J. Christopher Giancarlo, ex-CFTC chairman aka “Crypto Dad” has started a think tank to promote the blockchain-based U.S. dollar. J. Christopher Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC), plans to promote the blockchain-based United States dollar with a new think tank. Giancarlo, who earned the “Crypto Dad” moniker for advocating a “do…
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Huobi joins Turkey’s leading blockchain initiative to support local cooperation. Major crypto exchange Huobi becomes a member of the Blockchain Turkey Platform to cooperate with local players on blockchain efforts. Five months after officially entering the Turkish market, Huobi joined the Blockchain Turkey Platform as a “Platinum” member, the global crypto exchange announced on Jan.…
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The new Prime Minister of Russia Mikhail Mishustin has asserted that the country should prioritize the development of a digital economy. The Prime Minister of the Russian Federation has called on the country to prioritize the development of the digital economy. As domestic news outlet RIA Novosti reported on Jan. 16, Mikhail Mishustin — who…
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Venture capital firm Grayscale Investments banked a stellar 2019 to surpass the $1 billion mark in total investments. Venture capital firm Grayscale Investments banked a stellar 2019 to surpass the $1 billion mark in total investments. By the numbers In a comprehensive eighteen-page report, the firm touted a record Q4 in 2019. It raised $225.5…
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Cointelegraph interviewed Bancor’s Eyal Hertzog and Nate Hindman to learn more about the planned BNT airdrop, DAO transition and the future of crypto. Decentralized exchange project Bancor (BNT) is currently in the midst of launching a massive airdrop to all its token holders. Cointelegraph took the occasion to interview Co-founder and Product Architect Eyal Hertzog,…
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Amid the constantly growing cryptocurrency market, the number of irreversible coins in increasing affecting the whole industry development. The initial coin offering crypto buzz hit all-time high popularity in 2017 when there were 875 projects, a significant jump from 29 in the previous year. 2018 picked up on the trend, introducing a further 1,253 projects.…
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