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PR: Essentia Opens KYC Verification Ahead of Public Sale

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Essentia, the decentralized protocol [Read More...]

Circle Raises $110Mn With Plans to Launch USD-Backed Coin

The cryptocurrency based firm Circle announced it has raised $110Mn USD in a Series E fundraising round led by the Chinese firm Bitmain Technologies. Circle now joins Coinbase as one of the most well-funded cryptocurrency companies in the U.S., and the Boston-based firm has announced plans to issue a dollar-backed cryptocurrency called USD-C. Also [Read More...]

Japan’s GMO Gets Ready to Start Selling 7nm Bitcoin Mining Chips

Japanese internet giant GMO has updated its plans to manufacture and sell its 7nm bitcoin mining chips as well as for its own mining operations. Interested customers will soon be able to reserve some of these chips. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space GMO Readies 7nm Mining Chips Japanese conglomerate GMO Internet [Read More...]

Investigation of South Korea’s Largest Crypto Exchange Upbit Continues

Since the South Korean prosecution started investigating Upbit, the country’s largest cryptocurrency exchange, more events have unfolded. While local media still discuss allegations and raise questions about Upbit’s business practice, some people believe that Upbit is already in the clear. The investigation continues. Also read: Yahoo! Japan [Read More...]

EU Adopts Rules to Reduce Anonymity for Crypto Users

A directive affecting the crypto sector in Europe has been adopted by the EU Council. The document updates the anti-money laundering legislation of the European Union to address, among other issues, “the risks linked to virtual currencies.” The new rules aim to reduce anonymity for both users and transactions with requirements for [Read More...]

US Court Indicts Founders of Crypto Company for Fraudulent Scheme

A US federal court has indicted three founders of a company purported to offer cryptocurrency-related financial products and have raised $25 million in an initial coin offering. In addition to claiming to have licenses in 38 states, the company also claimed partnerships with Bancorp, Visa, and Mastercard to issue its own cards. Also read: Yahoo! [Read More...]

Smart Contract-Based Decentralized Exchange Dex.top Launches This Month

This week news.Bitcoin.com spoke with the team behind a new trading platform called Dex.top — a decentralized exchange built using a smart contract. According to the Dex.top developers the exchange has no access to a user’s private key and assets are never held on the Dex. This means, much like the cryptocurrency wallets out there that allow [Read More...]

Cryptocurrency Hedge Funds Rebound By Over 45% in April

The bullish market performance experienced across the cryptocurrency markets last month also manifested significant gains for many cryptocurrency hedge funds, with multiple cryptocurrency hedge fund indexes estimating a more than 45% increase in the value of leading funds. Also Read: 5 Years Ago You Should Have Bought Bitcoin, Not Altcoins [Read More...]

Samourai Wallet Creates App for Transactions Over Mesh Networks

Ever worried about how will you be able to transact if your ISP (internet service provider) will try to prevent you from sending a transaction or will just not be able to due to a disaster bringing down the needed infrastructure? Setting up mesh networks, which can self-organize without a centralized control hub, is one much talked about possible [Read More...]

Bitcoin Cash Upgrade Milestone Complete: 32MB and New Features

The Bitcoin Cash network has officially upgraded the blockchain protocol at approximately 1:54 EDT by extending the current block size fourfold from 8MB to 32MB. The consensus change is one of the largest block size increases in blockchain history, and the upgrade also adds the great knowledge of understanding Satoshi’s OP_Codes – which could [Read More...]

Bitmain Hits Back at “Dirty Tricks” Accusations

Chinese mining behemoth Bitmain has strongly refuted allegations that it pressurized an ASIC manufacturer into shutting out a foreign competitor. In a widely shared blog post, Siacoin’s lead developer David Vorick lifted the lid on the cutthroat ASIC mining business. In a response, Bitmain praised Vorick’s input to the industry – but took [Read More...]

Thomson Reuters Launches Real Time Rates for Six Cryptocurrencies

Thomson Reuters is launching a cryptocurrency real-time rates data feed. The new service is expected to provide “reliable, real-time information” for six digital coins across major crypto exchanges. The stated goal is to encourage efficiency and transparency for cryptocurrency investors within the global market place. Also read: Thomson [Read More...]
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