Bitcoin burst onto popularity sometime in 2009, and since then, the world’s leading cryptocurrency has taken the world by storm. It has even become a medium specifically meant for all types of transactions. And just like the prominent U.S. dollars – including other government-issued currencies – the digital currency has found utilize cases in terms of illicit transactions.
Cryptocurrency News
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Binance Won’t Confirm Locations For Crypto-Fiat Exchange
Last updated: January 19, 2019, 4:07 am Cryptocurrency NewsBinance is known to be among the largest cryptocurrency exchange in the world. Interestingly, it has announced its intentions to increase its reach and spread to a total of eight different countries. And it is something that the company is looking to achieve by the end of 2019.
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BlockEx Taken Constant Hits in 2018
Last updated: January 19, 2019, 4:01 am Cryptocurrency NewsThe UK-based company BlockEx confirmed that is would be laying off its staff because of financial issues just one year after a hugely successful initial coin offering (ICO) that raised $25 million.
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Grayscale Makes Stellar Newest Crypto Investment Trust
Last updated: January 19, 2019, 3:54 am Cryptocurrency NewsGrayscale Investments, which is the firm behind the Bitcoin Investment Fund, has recently announced its plan to offer a fund to let professional investors obtain exposure to Stellar.
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Binance Able To Freeze Hacked Crypto From Cryptopia
Last updated: January 18, 2019, 4:55 am Cryptocurrency NewsJust earlier this week, the cryptocurrency world was shocked following the hack involving the digital currency exchange Cryptopia. It reportedly suffered from a significant security breach, which gave hackers the opportunity to run away with around 19,390 Ethereum. Interestingly, Binance was successful in foiling the transaction coming from the hacker.
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BitPay Processed $1B Crypto Payments In 2018
Last updated: January 18, 2019, 4:46 am Cryptocurrency NewsBitPay is seen as a global leader when it comes to being a blockchain payments provider. Now, it has recently announced a milestone, which suggests the U.S.-based company processed about $1 billion worth of transactions in 2018. Here is everything about it in a nutshell.
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Coinbase Acquires Blockspring
Last updated: January 18, 2019, 4:07 am Cryptocurrency NewsThe wallet provider and cryptocurrency exchange Coinbase has now acquired the technology startup Blockspring. Blockspring is a San Francisco based firm, backed by Andreessen Horowitz, that creates tools to help developers automatically collect and process data from APIs (Application Programming Interfaces).
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IBM and MineHub Team to Improve Mining Supply Chain
Last updated: January 17, 2019, 5:39 am Cryptocurrency NewsTechnology giant IBM Corp. (International Business Machines Corp.) has entered into a partnership with MineHub Technologies to create a Blockchain powered solution that will be focused on improving mining and metals industry’s supply chain management.
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Bitwage Now Allows Firms Pay Salaries In Crypto
Last updated: January 17, 2019, 3:46 am Cryptocurrency NewsMany people across the world are considering the idea of getting paid with digital currencies. Interestingly, this is exactly what the company called Bitwage wants to do. Its goal is to make it easier for salaried employees to be paid using cryptocurrency.
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New Zealand Police Investigate Cryptopia Hack
Last updated: January 17, 2019, 3:39 am Cryptocurrency NewsIn the latest cryptocurrency news, the New Zealand Police has started investigating the latest hack of digital currency exchange called Cryptopia. According to the authorities, the process has been quite complex and, thus, they are keeping an “open mind” on all possibilities.