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Fidelity Acquires 10% Stake in Bitcoin Mining Firm Hut 8


The giant fund manager Fidelity International holds roughly 10.6% stake in the bitcoin mining company Hut 8. For six years now, Fidelity, the firm that currently manages $300 billion on behalf of its customers, has been mining the cryptocurrency bitcoin. In May 2017, news.Bitcoin.com reported...

Crypto Exchange Cashaa Loses 336 Bitcoin Worth $3 Million to Hackers


Cryptocurrency exchange Cashaa says it has lost 336 bitcoin (worth around $3.1 million) to hackers. The London-based platform has now ceased all crypto-related transactions, including withdrawals and deposits, as investigations into the breach get underway. In a tweet on July 11, Cashaa claimed...

XRP Reclaims 30-day High & Gains 13% in 2 Days


XRP, in the recent past, was seen taken over by Tether at 3rd position in the global crypto market. XRP, beyond doubt, is an amazing altcoin investment but has a slower growth comparatively. If we consider the recent altcoin hike wherein the coins like Verge, Cardano and VeChain have gained...

Latin American Crypto Exchange Bitso Says it Has 1M Active Users


Mexico’s crypto scene is booming again, with one of the nation’s largest crypto exchanges, Bitso, claiming it has reached the 1 million active user mark. In an interview with El Economista, Daniel Vogel, Bitso’s CEO stated that crypto was continuing to gain ground in traditional markets like...

Risks of Centralized Stablecoins Materialize as 100k USDC Frozen


Centralized stablecoins may be about to face more scrutiny from the crypto community after it was revealed yesterday that USD Coin (USDC) issuer Centre has frozen an address holding USD 100,000 worth of the stablecoin. The actual blacklisting of the address occurred back in June this year, and...

European Blockchain Ecosystem Needs €350 Million for the Next 18 Months


A study report by Leadblock Partners, an appointed representative of Sapia Partners LLP, finds an accelerating growth of the European blockchain ecosystem. The findings of the Leadblock Partners study suggest European respondents have a funding need for €350 million for the next 18 months....

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