Category: N-Featured
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Mining Firm Canaan Creative Secures Hundreds of Millions of Dollars in Funding
The sustained bear market has hit cryptocurrency miners hard and stalled the incredible growth experienced by hardware manufacturers that service the industry. It seems that investors are still willing to pour significant money into the business, however, judging by Canaan Creative’s latest raise. Also Read: In the Daily: Amun Funding, Coinsource ATM, Etoro Wallet Canaan…
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Developer Launches Mturk Alternative ‘Taskopus’ Powered by Bitcoin Cash
On March 11, the creators of the Freelanceforcoins platform announced the launch of a new crowdsourcing market called Taskopus. The standalone application is similar to Amazon’s Mechanical Turk marketplace but anyone can participate, payouts are near instantaneous and bitcoin cash (BCH) is used for settlement due to the chain’s low network fees. Also read: Ledger…
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SEC Chairman Confirms Cryptocurrencies Like Ethereum Are Not Securities
On March 12, the cryptocurrency and blockchain legislative advocacy group Coincenter published correspondence between the Securities and Exchange Commission (SEC) chairman Jay Clayton and representative Ted Budd. The letter explains that Clayton and the SEC’s staff analysis confirms that Ethereum and similar cryptocurrencies are not subject to securities laws. Also read: Cointext Adds the Ability…
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Active Development for Most Bitcoin Forks Evaporates
A report published by Electric Capital has estimated that the number of developers working on public cryptocurrencies has doubled since January 2018. The research found that Ethereum has the largest development team of all established crypto assets, with 216 developers contributing to its codebase each month on average. Also Read: EY Executive Says Bitcoin Has…
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In the Daily: Amun Funding Round, Coinsource Two-Way ATM, Etoro Wallet
In this edition of The Daily we cover a funding round by a Swiss startup that lists crypto instruments on the SIX exchange, an expansion of the Coinsource ATM network using a new business practice, and a new feature added to the Etoro wallet. Also Read: Online Bank Swissquote to Add Crypto Custodial Services Amun…
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Old School Altcoins Can’t Stop Popping
Viacoin. Groestlcoin. Steem. Enjin. Civic. Long forgotten altcoins and dormant shitcoins have been having a fun week. Left, right, and center altcoins have been popping off, producing 100%+ gains for those fortunate to have been holding a bag. The question on many traders minds is whether these movements are isolated events or evidence of something…
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Malta Appoints Cybersecurity Firm Ciphertrace to Monitor Crypto Transactions
The Malta Financial Services Authority (MFSA) has appointed U.S. cybersecurity company Ciphertrace to help with compliance monitoring of crypto assets. Ciphertrace will be expected to keep track of transactions that pass through local crypto exchanges and digital wallets including ICOs, screening for potential money laundering and terrorism financing violations. Also read: Fidelity’s Cryptocurrency Arm Starts…
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Cointext Adds the Ability to Pay Bitpay Invoices Using SMS
[youtube https://www.youtube.com/watch?v=jC4-oqu580E&w=560&h=349] Cointext, the cryptocurrency wallet that allows users to send bitcoin cash (BCH) by SMS, has been steadily adding regional support and so far has captured 42 countries. Now Cointext has added the ability to utilize the BIP70 protocol so users can pay Bitpay invoices using the wallet’s text messaging capabilities. Also read: Bitcoin…
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In the Daily: Monero Upgrade, Revolut Auto Exchange, SETL Administration
In this edition of The Daily we cover the latest protocol upgrade to privacy coin monero (XMR), a new feature for traders using Revolut, and the blockchain-based corporate settlements platform SETL appointing administrators for the business. Also Read: Online Bank Swissquote to Add Crypto Custodial Services Monero Undergoes Protocol Upgrade The Monero development team has…
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Online Bank Swissquote to Add Crypto Custodial Service
Lack of access to custodians that institutional investors know and trust is seen as a major hurdle for growing the sector. Thankfully, the demand has caused a flurry of companies to enter the business, with the latest being online bank Swissquote. Also Read: UK Regulator: 3% of Brits Have Bought Cryptocurrency Swissquote to Use Services…