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Crypto Software Firm Zabo Raises $2.5M in a Seed Round
5.3.2020
Crypto software firm receives $2.5 million in a seed round to keep strengthening its crypto services’ connections to mainstream financial services
Chainalysis: Only 1% of $1 Trillion Transacted in Crypto in 2019 Was Illicit
5.3.2020
Chainalysis reports over $1 trillion was transacted in cryptocurrency in 2019 with only 1.1% of it being illicit
$65M Investment Fuels Natural Gas Provider’s ‘Behind-the-Meter’ Bitcoin Mining Operation
5.3.2020
On Thursday, a natural gas-based power plant in Dresden, New York, Greenidge Generation LLC, revealed the energy provider has the capacity to mine around $50,000 worth of bitcoins (5.5 BTC) every day. The 65,000 square-foot natural gas utility plant was upgraded when the firm installed 7,000...
India Back in the Race: Landmark Judgment to Fuel Crypto Adoption
5.3.2020
According to various crypto pundits, India’s historic judgment will have an extremely positive effect on the global crypto sector as a whole
The Algorithms That Control the Cryptocurrency Market
5.3.2020
Algorithms are at the heart of 21st century life, invisibly controlling many of the systems we use and take for granted on a daily basis. Pervasive algorithms determine the entertainment we consume (Netflix, Spotify), the information we read (Google), and the chatter we hear (Facebook, Twitter)....
ConsenSys-Backed Crypto News Outlet Decrypt to Launch Reward Token in Q2 2020
5.3.2020
Decrypt, a major industry publication funded by blockchain firm ConsenSys, will launch its own reward token in Q2 2020
Moonshots Capital, DCG, Tezos Back $2.5M Fundraise for Crypto Software Provider
5.3.2020
Zabo, which claims to be able to link bank accounts to crypto wallets directly, raised $2.5 million from Moonshots Capital and other firms to build out its engineering team and customers
South Korea Passes Law to Introduce Permit System for Crypto Exchanges
5.3.2020
Virtual currency exchanges in South Korea will soon have to report their activities to regulators after receiving real-name confirmed bank accounts
Crypto Investment Fund Suffers Hack Exposing Data of 266,000 Users: Report
5.3.2020
The personal data of about 266,000 people registered with the fund may have been exposed
Coinsquare: A Secured Crypto Exchange Platform With Best Features
5.3.2020
Cryptocurrencies have managed to earn a strong customer base hailing from different parts of the world in a small-time span of ten years. By ensuring lucrative returns to the investors along with the use of the revolutionary blockchain technology, virtual currencies have found their way in almost...
Indian Crypto Exchanges Resume Fiat Services 24 Hours After Supreme Court Ruling
5.3.2020
Less than a day after India’s Supreme Court overturned a ban on banks’ services to crypto, the industry’s leading exchanges have re-opened fiat services
BitGo Launches Its First Institutional Crypto Lending Service
5.3.2020
Major cryptocurrency firm BitGo launches its first institutional-focused crypto lending service
Will Bitcoin Win Crypto Adoption Race? Coinbase CEO Not Sure
5.3.2020
Brian Armstrong. Source: a video screenshot, Youtube, a16z
There are elements that just might make crypto bigger this year, says Brian Armstrong, CEO of major crypto exchange Coinbase, but he's not sure which blockchain will win the crypto adoption race in the more distant future. Bitcoiners...
Co-Founders of Alleged $9 Million Crypto Ponzi Scheme Plead Not Guilty
5.3.2020
Two men who allegedly blew over $2 million worth of investor funds on luxury rentals and casino gambling, now await Jury hearings in July
Bitcoin Legal in India: Exchanges Resume INR Banking Service After Supreme Court Verdict Allows Cryptocurrency
5.3.2020
Indian cryptocurrency exchanges are bringing back banking support after the Supreme Court of India struck down the banking ban on the crypto industry. News.Bitcoin.com talked to several crypto exchange executives to find out the effects of the supreme court ruling and what their exchanges plan...
Supreme Court of India Directs RBI to Unfreeze Koinex’s Crypto Account
5.3.2020
The Honorable Supreme Court of India has directed the Reserve Bank of India (RBI) to unfreeze Koinex’s current account with the Central Bank of India, containing over INR 12 crore (or 120 million). The directive came as a part of the Supreme Court’s judgment in the RBI vs. Internet and Mobile...
Crypto Minting – Unlock the Potential of Blockchain Technology
5.3.2020
Overview Since its invention, Proof-of-Stake (PoS) has been an environment-friendly replacement of Proof-of-Work (PoW), which has generally represented an improvement over PoW and a solution to Bitcoin’s energy problem. Almost every newly launched public blockchain is PoS-based and even...
UK Finance Watchdog Warns Against ‘Unauthorized’ Crypto Exchange BitMEX
5.3.2020
The Financial Conduct Authority said BitMEX had been targeting U.K. consumers without approval
Breaking: South Korean Parliament Passes ‘Landmark’ Crypto Bill
5.3.2020
In a dramatic turnaround, the South Korean parliament, the National Assembly, has voted in favor of the country’s first cryptocurrency-specific legislation in the past few hours.
The amended Special Financial Transactions Information Act, which was approved by a National Assembly finance committee...
BitGo Reveals Bitcoin Lending Push; $150M Booked So Far
5.3.2020
With big banks still mostly eschewing the 11-year-old digital-asset industry, a new breed of lenders is stepping into the void to meet the demand. Enter BitGo