A multi-collateral stablecoin Dai is officially live and is assigned the name Dai. The single-collateral stablecoin Dai (DAI), now has been renamed to Sai. Following Friday’s executive vote by Maker (MKR) stakeholders, the MakerDAO system has seen the activation of Multi-Collateral Dai (MCD), and “beginning immediately, anyone, anywhere can upgrade” the old to new Read…
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The Gemini crypto exchange made its first-ever acquisition by purchasing the Nifty Gateway platform, which enables users to buy and manage non-fungible tokens. The Winklevoss twins’ Gemini exchange has made its first-ever acquisition by purchasing the Nifty Gateway platform, which enables users to buy and manage non-fungible tokens (NFTs). Tyler Winklevoss revealed the acquisition in…
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As the price of Bitcoin (BTC) continues to drop, there’s been talk that many Bitcoin miners will have to start shutting down their machines. The world’s most expensive cryptocurrency has been getting cheaper lately, dropping below USD 9,000 on November 8, and some analysts estimate it could go below USD 7,000 before its mining reward…
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The next Ethereum hard fork is coming soon — here’s how the improvements it brings fit into the big picture of network’s evolution. Earlier this month, the Ethereum Foundation team lead Péter Szilágyi confirmed the date of the network’s upcoming upgrade, Istanbul. Ethereum’s eighth hard fork overall and the second one this year is slated…
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Fidelity Digital Asset Services, LLC has procured a charter from the New York State Department of Financial Services to operate a virtual currency custody and execution platform. Fidelity Digital Asset Services, LLC (FDAS) has procured a charter from the New York State Department of Financial Services (NYDFS) to operate a virtual currency custody and execution…
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Michael Novogratz’s Galaxy Digital launches two Bitcoin funds aiming to bring wealthy Americans to crypto markets. Michael Novogratz’s crypto merchant bank Galaxy Digital is launching two Bitcoin (BTC) funds, targeting people between the ages of 50 and 80. The new funds aim to bring “the wealth of America,” or people who may have largely remained…
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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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