A U.S.-based cryptocurrency surveillance company was successful in raising around $3 million in seed funding. The startup, in particular, is being led by former Goldman Sachs fintech engineers.
Cryptocurrency News
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Galaxy Digital Backs Crypto Analytics With $15M
Last updated: February 21, 2019, 5:48 am Cryptocurrency NewsCipherTrace, a blockchain and cryptocurrency security company, has successfully raised around $15 million in funding from its investors. Interestingly, it includes the titular Galaxy Digital of Mike Novogratz.
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Samsung Galaxy S10 Has Private Key Storage
Last updated: February 21, 2019, 5:31 am Cryptocurrency NewsSamsung’s new phone, the Galaxy S10 was formally unveiled on Wednesday, and according to the company’s press release, the new phone will include private key storage for cryptocurrencies.
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Millennials Trust Crypto Exchanges More
Last updated: February 20, 2019, 5:27 am Cryptocurrency NewsAccording to a new survey conducted by the investment platform eToro, almost 50% of the millennials trading online in the US trust cryptocurrency exchanges more than they do traditional stock exchanges.
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Crypto Firms Unveil Security Token Issuance, Trading Service
Last updated: February 20, 2019, 4:41 am Cryptocurrency NewsAt least two digital currency startups are planning to modernize and enhance the process of issuing and trading security tokens. According to the official report, this can be achieved by way of providing an all-in-one solution.
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BitGo To Offer $100M In Cryptocurrency Insurance
Last updated: February 20, 2019, 4:33 am Cryptocurrency NewsBitGo, a cryptocurrency security firm, is reportedly making good plans in order to facilitate insurance designed specifically for digital assets. The move is even cemented by providing about $100 million of cover against loss or theft of cryptographic keys through the Lloyd’s of London insurance market.
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Indonesia Sets Rules For Trading Crypto Futures
Last updated: February 19, 2019, 4:21 am Cryptocurrency NewsIndonesia is known to be among the very few countries in Asia that have entered the cryptocurrency space. In a recent report, the country’s financial watchdog has reportedly set out new regulations designed specifically for the trading of digital currencies on futures exchanges.
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Bitmain Reveals New Bitcoin Mining Chip
Last updated: February 19, 2019, 4:12 am Cryptocurrency NewsThe titular Bitmain Technologies has recently announced a new 7-nanometer Bitcoin mining processor. Interestingly, it is expected to offer a whole new level of energy efficiency, as per the company’s announcement.
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Bitmain Posts $500 Million Loss for Q3 2018
Last updated: February 19, 2019, 3:58 am Cryptocurrency NewsCryptocurrency mining hardware maker Bitmain reported losses to the tune of $500 million during the third quarter of 2018 due to the massive slump in the crypto market.
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Mumbai Police Bust $17 Million Crypto Scam
Last updated: February 18, 2019, 6:59 am Cryptocurrency NewsIn the latest round of scams related to cryptos, law enforcement officials in Mumbai, India have busted a group of suspects that were reportedly involved in a crypto scam that allowed them to collect over INR1 billion (~$17 million).