Yesterday, a record of $8.9 billion in Bitcoin were moved on the blockchain in a single hour. On Dec. 4, $8.9 billion in Bitcoin (BTC) were moved on the blockchain in a single hour, excluding change volume, which is Bitcoin that returns to the sender. Bitcoin’s high transaction volume was pointed out by Rafael Schultze-Kraft,…
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DXM, subsidiary of UpBit stakeholder Dunamu, works with crypto cybersecurity firm Ledger to launch an institutional crypto asset custody service. DXM, a financial services subsidiary of South Korean fintech firm Dunamu, has worked with crypto cybersecurity firm Ledger to launch an institutional crypto asset custody service. The partnership and the new custodian Industry news outlet…
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Cryptocurrency exchange Bitfinex and crypto store Bitrefill have partnered to allow the trading platform’s clients to shop with Bitcoin over Lightning Network. Cryptocurrency exchange Bitfinex and crypto store Bitrefill partnered to allow the trading platform’s clients to shop with Bitcoin (BTC) over the Lightning Network. According to a press release published on Dec. 4, Bitfinex…
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Julian Sawyer, a former CEO and co-founder at Starling, will now lead Gemini Europe, the European affiliate of Gemini Trust Company. Gemini, the top global cryptocurrency exchange per CryptoCompare’s latest Exchange Benchmark, hired a former senior executive from United Kingdom-based Starling Bank. Julian Sawyer, a former CEO and co-founder at Starling, will now lead Gemini…
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Major cryptocurrency exchange Binance has announced staking rewards for Tezos starting Dec. 4. Binance — the second-largest crypto exchange by daily trade volume — has announced support for Tezos (XTZ) staking, according to an announcement published on Dec. 3. Starting on Dec. 4, Binance’s users will be able to trade with XTZ, with XTZ rewards…
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One of the addresses involved in last week’s theft from South Korean crypto exchange Upbit has successfully moved 10,000 Ether (~$1.5 million) to an unknown wallet. One of the addresses involved in last week’s theft from South Korean crypto exchange Upbit is moving millions of dollars worth of stolen Ether (ETH) to an unknown wallet.…
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In this Q&A with Cointelegraph, Binance CEO CZ revealed the company’s plans for Turkey, a country he thinks has strong opportunity with crypto. At a recent B2B event in Turkey, suit-clad men and women from traditional financial institutions and the public sector stood in line to take a selfie with a guy in a hoodie.…
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Decentralized exchange Waves DEX shut down to resume operations as a hybrid exchange. Decentralized exchange (DEX) Waves DEX shut down to resume operations as a hybrid exchange, Waves announced in a press release shared with Cointelegraph on Dec. 2. Per the release, the exchange has already ceased operations on the old domain and the process…
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Decentralized cryptocurrency exchange CryptoBridge announced the closure of its platform, citing market conditions and regulatory pressure. The decentralized cryptocurrency exchange (DEX) CryptoBridge announced that it is closing down in a message on its website. In the announcement, the exchange warns users that all of the firm’s services and servers will terminate after Dec. 15. Users…
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Coinbase has denied reports that it acquired digital currency brokerage firm Tagomi for $150 million. Coinbase, a major American cryptocurrency exchange and wallet service, has not acquired digital currency brokerage firm Tagomi. On Nov. 29, sources told CoinDesk that Coinbase acquired Tagomi for $150 million that morning, following purported negotiations between the firms last month.…
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