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Kraken Pays Staff in Bitcoin, Proving Peter Schiff’s Claims Wrong


Kraken Exchange reveals that it has paid salaries to 250 of its employees in Bitcoin in the month of April, proving the claims made by Peter Schiff completely wrong. In fact, the company also claimed that an increasing number of employees are opting for cryptocurrency month after month. We respect...

Binance CEO Claims VC Giant Hurt His Reputation - Report


Source: a video screenshot, Youtybe, Silvio Schembri Binance founder and CEO Changpeng Zhao seeks an unspecified "reasonable compensation" from Sequoia Capital China, a subsidiary of venture capital giant Sequoia Capital, Coindesk reported, citing a filing submitted on May 20 to the High Court...

Firm Claims it Made USD 73,000 in Two Months of Staking ATOM


UK-based digital asset investment company KR1 claims to have realized USD 73,671 revenue from “staking yields” of the Cosmos Network since its launch on the 14 March 2019. In two months, the company generated 15,463 ATOM, which was sold at an average price of USD 4.76 per ATOM, according to KR1....

Bitfinex Raises USD 1 billion, CTO Claims


Major cryptocurrency exchange Bitfinex "is able to raise" 1 billion tethers (c. USD 1 billion) "in 10 days, in a private sale," Paolo Ardoino, Chief Technical Officer of the exchange, confirmed, later adding that the investments "were made." "Private companies, giants in our industry and outside...

Bitfinex Makes Bold but ‘Unaudited’ USD 404 million Profit Claims


Bitfinex operator iFinex has made some new financial claims in the white paper for its forthcoming initial exchange offering (IEO) – stating that its platform made a whopping USD 404 million in net profits last year (24% more than in 2017) and paid dividends while they are still struggling...

BioWare Promises Big Changes For Mass Effect: Andromeda, Starting Thursday


Mass Effect: Andromeda had a couple of rough weeks thanks to high-profile technical issues, animation wonkiness, and general fan disappointment. In response to that feedback, BioWare has announced improvements to Andromeda that will start easing out the visual kinks, while also teasing some major...

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