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Brazilian Retailer Eyes Services for the Unbanked With Acquisition of FinTech Firm Airfox
27.5.2020
Via Varejo snapped up the Boston-based firm to further its aim of providing financial services to millions of unbanked Brazilians
Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode
27.5.2020
Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures the overall state of the Bitcoin network, dropped 18% or...
Korean Tech Giant LG Is Developing a Blockchain Identity System With a US Firm
26.5.2020
Decentralized identity solutions might be blockchain’s killer app
Blockchain Intelligence Firm Wants to Prove Tim Draper Wrong on DeFi
21.5.2020
Blockchain intelligence firm asserts that stablecoins are not a replacement of the dollar, instead they present a censorship resistance alternative to fiat
No Evidence ISIS Is Storing $300 Million in Bitcoin, Says Chainalysis
21.5.2020
Blockchain intelligence firm Chainalysis has dismissed claims ISIS is holding a $300 million bitcoin (BTC) war chest. In a “fact-checking” report, published on May 20, 2020, the U.S. company accused the media of sensationalizing allegations about BTC and other cryptocurrencies being...
Bitcoin Use on Darknet Markets Jumps 65% to Over $400 Million in First Quarter
21.5.2020
Bitcoin transactions on darknet markets jumped 65% in value during the first quarter to $411 million, according to research by a blockchain analytics firm. The amount of bitcoin sent from darknet entities to mixers also grew rapidly as exchanges with verification requirements became less popular...
Blockchain Sleuthing Firm Elliptic Adds 87 Crypto Assets in Arms Race With Chainalysis
20.5.2020
Crypto sleuthing firm Elliptic has added 87 new tokens to its analytics offering, expanding its reach to 97% of digital assets by trading volume
Bitcoin Sentiment on Twitter Reaches Its Highest Level in 3 Years, Says Data Firm The Tie
20.5.2020
Positive investor sentiment about bitcoin (BTC) on Twitter has reached record levels – its highest in three years – triggered by the cryptocurrency’s supply cut earlier this month, data shows. According to crypto data company The Tie, the 30-day average daily sentiment score is...
Accel, Coinbase Join $17M Pre-Seed Round for Institutional Crypto Trading Firm FalconX
18.5.2020
The crypto trading firm pitched investors on the basis that its best trade execution platform offers institutions a solution to the wash trading that is rife in the space
First Sovereign Wealth Fund Joins Libra Association
15.5.2020
One of the Singapore government’s two sovereign wealth funds, Temasek, is joining the Libra Association, alongside Paradigm and Slow Ventures in the latest round of additions to the stablecoin project
2 Days After the Bitcoin Halving: Network ‘Remains Strong,’ Higher Fees, Bullish Sentiment
13.5.2020
On May 11, 2020, the Bitcoin network completed it’s third block reward halving and the network seems to be chugging along just fine. However, it may take a while longer to see the halving’s effect on the mining industry and right now bitcoin transaction fees have risen exponentially....
Blockchain Firm Partners Indian Government to Boost Earnings for Farmers
13.5.2020
Agtech startup Agri10x is working with India's government to better connect small-scale farmers to global buyers, using blockchain to cut out the middleman
Canadian Firm Hut 8 Reports Bitcoin Mined in Q1 Declined 54% Due to Price Volatility
13.5.2020
On Monday, Hut 8 Mining reported that first-quarter revenue rose 5% to $9 million from $8.59 million a year ago after the amount of bitcoin (BTC) extracted plunged sharply. Quarter-on-quarter, revenue fell 14%. For the three months to March 31, 2020, the Canadian bitcoin firm said it mined 1,116...
Bitcoin Mining Markets Heat Up: Ebang’s $41M Deficit, Bitmain’s Alleged 2020 Revenue
10.5.2020
The Chinese ASIC mining rig manufacturer Bitmain reportedly pulled in $300 million in revenue during Q1 2020. Meanwhile, as Bitmain claims to be regaining market share, the firm Ebang recently applied with the U.S. Securities and Exchange Commission (SEC) for initial public offering (IPO) status....
US Mining Firm Plans to Nearly Double Hash Rate After Halving
10.5.2020
Riot Blockchain has announced the purchase of an additional equipment for its post-halving operations
Bitcoin Suisse Sells 20% Stake to Raise $47 Million: Crypto Valley Broker Aims To Expand Into Banking
8.5.2020
Crypto valley firm Bitcoin Suisse has announced plans to sell a 20% stake in the company. The sale is expected to raise 46 million Swiss francs ($47.38 million). Bitcoin Suisse said it intends to use the money to expand its portfolio to banking services in Switzerland and Liechtenstein, according...
Global Fintech Firm Launches Security Tokenization Platform
8.5.2020
Fintech firm GSX Group says their securities tokenization platform is phase one of its global security token ecosystem
3 Reports Look at North Korea’s Lazarus Group, Iran’s Farhad Exchange, and the Crypto Ponzi Futurenet
7.5.2020
On May 4, 2020, the blockchain surveillance firm Chainalysis published a three-part series covering a crypto Ponzi scheme, North Korea, and Iran’s use of digital currencies like bitcoin. The company’s research papers discuss the Poland-based crypto Ponzi called Futurenet, a hosting...
ErisX Becomes Latest Crypto Firm to Receive New York’s BitLicense
6.5.2020
Eris Clearing, the clearing and settlement arm of ErisX, has been awarded the hard-to-come-by Virtual Currency License from New York's Department of Financial Services
Crypto Investment Advisory Firm Ranks Halving Scenarios
5.5.2020
A crypto investment advisory firm ranks commonly discussed halving scenarios and proposes one of its own