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. Adoption news Terra, the blockchain payment network powering the mobile payment app CHAI, said it has hit a milestone with 1 million user accounts in less than nine months since the…
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Blockchain development firm Bitfury is set to partner with the United Nations Development Programme on a project to conserve and increase Kazakhstan’s forestland. Blockchain development firm Bitfury is set to partner with the United Nations Development Programme (UNDP) on a project to conserve and increase Kazakhstan’s forestland. As the Astana Times reported on Jan. 14,…
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The recent Bitcoin and altcoin rally is leading traders to wonder whether consolidation or a minor correction is in store but the current market conditions suggest buying on the dips. The crypto space is making a comeback and the rally is being led by altcoins. While several altcoins might participate in the initial rally, we…
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Crypto exchange Upbit recently completed a security overhaul in response to a hack the platform suffered in late 2019. Strengthening its walls after a hack in late 2019, South Korean crypto exchange Upbit has finished a security upgrade for the wallets on its exchange platform, restoring functionality once again. Upbit decided to update its defenses…
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U.S.-based crypto exchange Kraken has finalized its takeover of Australia’s Bit Trade which brands itself as the country’s longest-running cryptocurrency financial services company. Bit Trade says it operates a blockchain asset investment and portfolio management platform, enabling customers with access to a number of crypto exchanges with the use of the company’s Read more »Pay,…
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Jason Guthrie is the Head of Capital Markets in Europe at the international investment giant WisdomTree. _____ The current economic climate is a concern for investors. Trade-restructuring, high levels of liquidity, systemically-low inflation, inverted yield curves, negative-yielding bonds, historically tight employment markets, and significant leverage at both consumer and Read more »Pay, Trade, Buy Bitcoin…
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JPMorgan’s blockchain spin-off Kadena has launched its public blockchain, completing what it calls the “industry’s first hybrid blockchain platform.” JPMorgan’s blockchain spin-off Kadena has fully launched its public blockchain, completing what it calls the “industry’s first hybrid blockchain platform.” Launched on Jan. 15, Kadena’s public blockchain includes full transactions and the ability to write smart…
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Pete Rizzo, long-time CoinDesk Editor-in-Chief, has started work at crypto exchange Kraken’s content production department. Pete Rizzo, former editor-in-chief at leading crypto news outlet CoinDesk, has started a new position at cryptocurrency exchange Kraken. Per a Jan. 15 announcement from Kraken, Rizzo’s new role as Editor-at-Large will entail responsibility for content production for the company’s…
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Bitcoin price remained in a bullish zone and extended its upward move above the USD 8,550 and USD 8,700 resistance levels. BTC/USD traded towards the USD 9,000 level and formed a swing high near USD 8,850. It corrected lower recently, but the bulls remain in action and the price could rise above USD 8,900. Also,…
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Bitwise Asset Management retracted its long-standing Bitcoin ETF proposal after an earlier rejection by the SEC was reevaluated, following similar actions by VanEck. A Jan. 14 form with the United States Securities and Exchange Commission (SEC) confirms that Bitwise Asset Management requested the withdrawal of its application for a Bitcoin (BTC) Exchange Traded Fund (ETF).…
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