Crypto exchange Poloniex announced a new account tier allowing for up to $10,000 in daily withdrawals that only requires an email address and password. Cryptocurrency exchange Poloniex announced a new account tier — dubbed Level 1 — allowing for up to $10,000 in daily withdrawals without requiring full Know Your Client (KYC) onboarding. According to…
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In a recent Twitter discussion, ETH co-founder Vitalik Buterin triggered a wave of arguments over the respective decentralization of Binance DEX and Ethereum itself. Binance’s decentralized exchange is a better target for criticism over being centralized than Ethereum, Vitalik Buterin believes. In a recent Twitter discussion, Ethereum co-founder Buterin triggered a wave of argument over…
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Former PayPal and Google veteran Mike Blandina appointed as new CEO of Bakkt, while former Coinbase exec is now the new president of the company. Former PayPal and Google veteran Mike Blandina has been appointed as the new CEO of major cryptocurrency trading platform Bakkt. Following the departure of founding CEO Kelly Loeffler, who was…
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Brian Amstrong, the CEO of Coinbase, has patented a system that allows users to transact Bitcoin directly using email. Brian Amstrong, the CEO of Coinbase, has patented a system that allows users to transact Bitcoin (BTC) directly using email. First filed in March 2015 and awarded by the United States Patent and Trademark Office (USPTO)…
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U.K.-based crypto data and wallet provider Blockchain.com has added a British pound gateway to its crypto exchange, The Pit. United Kingdom-based cryptocurrency data and wallet provider Blockchain.com has added a British pound gateway to its crypto exchange, The Pit. On Dec. 19, Xen Baynham-Herd — executive vice president of product at Blockchain — told Cointelegraph…
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Cryptocurrency exchange Bitfinex now enables its users to purchase cryptocurrencies with both credit and debit cards. Hong Kong-headquartered cryptocurrency exchange Bitfinex now enables its users to purchase cryptocurrencies with both credit and debit cards. The exchange made the announcement on Dec. 20, saying: “Buy cryptocurrencies with your debit or credit cards on Bitfinex. Whether it’s…
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Cryptocurrency exchanges have improved their security, though they’re still prone to hacking attacks. How can exchange operators handle such threats? Crypto investors have come to rely on crypto exchanges because they provide liquidity, a wide range of trading pairs and convenience. Given the great benefits offered by crypto exchanges, direct peer-to-peer transactions are still less…
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Binance has made a strategic investment in Alameda Research-backed crypto derivatives exchange FTX. Binance, the second-largest crypto exchange by daily traded volume, has made a strategic investment in crypto derivatives exchange FTX. According to a Dec. 20 announcement, Binance has made both an equity investment in FTX and is taking a long term position in…
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What exactly are the significant steps emerging blockchain technology has made toward making the world a better place? Ongoing technological advancement in digital currencies is a phenomenon that can help developing countries both politically and economically. Cryptocurrencies can solve problems that are unique to these countries by providing access to a bank account, easy transfer…
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Former employee of crypto exchange Kraken initiated legal proceedings against the company in connection with breach of contract and sanctions violation, among other issues. A former employee of United States-based cryptocurrency exchange Kraken initiated legal proceedings against the company in connection with breach of contract and sanctions violation, among other issues. Per a court document…
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