Cryptocurrency and blockchain firms are well-represented among a recent KPMG ranking of fintech firms. On Nov. 18, Big Four auditing firm KPMG released its 2019 Fintech100 ranking, which lists the top 100 fintech firms in the world. The list saw a drop in Bitcoin-related companies but reinforced innovation in the payments industry. As was the…
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Security researcher finds that password data and personal information of 1.4 million users of GateHub cryptocurrency wallet service have reportedly been dumped online. A security researcher behind the data breach index site “Have I Been Pwned” said that password data and personal information of 2.2 million users of two websites have been dumped online. On…
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Publicly traded Bitcoin fund Grayscale Bitcoin Trust filed a form with the United States SEC to become the first crypto fund to report to the regulator. Publicly traded Bitcoin (BTC) fund Grayscale Bitcoin Trust (GBTC) filed Form 10 with the United States Securities and Exchange Commission (SEC) to become the first crypto fund to report…
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Two Bitcoin mining firms entered a merger agreement and plan to jointly build the world’s largest mining farm. German Bitcoin (BTC) mining firm Northern Bitcoin has entered a merger agreement with United States-based competitor Whinstone to jointly build what will supposedly be world’s largest mining farm. According to a Northern Bitcoin press release published on…
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The Royal Bank of Canada will not launch its own digital currency trading platform, contrary to previously published news. The Royal Bank of Canada (RBC) — the largest bank in Canada with $499 billion in assets under management — will not launch its own digital currency trading platform, contrary to previously published news. Last week,…
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Payment processor PayPal has led a $4.2 million funding round for cryptocurrency risk management platform TRM Labs to further grow its services. Payment processor PayPal has led a $4.2 million funding round for cryptocurrency risk management platform TRM Labs. In a Nov. 19 press release TRM Labs announced that it secured $4.2 million in an…
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HashCash Consultants partners with a group of international car, mining and battery manufacturers for blockchain-based supply chain network to track mineral origins. Blockchain company HashCash Consultants has announced a partnership with a group of international car, mining and battery manufacturers to develop a blockchain-based supply chain network to track minerals. As Business Insider reported on…
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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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