01Sep/19

Bitcoin Mining Farms Are Flourishing on the Ruins of Soviet Industry in Siberia

The Takeaway: Russia’s abandoned Soviet-era factories are enjoying a second life as cryptocurrency mining facilities. Siberia’s big hydropower plants (another legacy of the USSR) have lured miners with cheap electricity. The favorableRead More…

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21Aug/19

Cryptopia Exchange Kept Users’ Cryptos in Pooled Wallet: Liquidator

The assigned liquidator for the collapsed New Zealand-based cryptocurrency exchange Cryptopia says it’s making progress in determining customer holdings, but that the management of user funds by the exchange has caused delays. ProfessionalRead More…

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14Aug/19

Barclays Is No Longer Banking Coinbase

The most prestigious banking relationship in crypto has ended. Barclays, the London-based global bank, is no longer working with cryptocurrency exchange Coinbase, industry sources told CoinDesk. And while Coinbase found a replacementRead More…

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13Aug/19

Coinbase Backs $4.3 Million Raise for New Crypto Derivatives Exchange

A new cryptocurrency derivatives exchange that hasn’t yet launched has already won backing from major investors including Coinbase. Called Blade, the exchange platform is planning to go live in a few weeksRead More…

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07Aug/19

Standard Chartered Completes First Transaction on Oil Industry Blockchain Platform Voltron

Standard Chartered Bank has announced the successful completion of the first international letter of credit (LC) transaction on the oil industry-focused blockchain platform Voltron. In an announcement Wednesday, the bank said itRead More…

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01Aug/19

SpankChain Launches Crypto Payments Service for Adult Content Providers

Adult industry-oriented blockchain project SpankChain has launched a cryptocurrency payments platform. Dedicated to helping adult content providers maintain a reliable payments provider in the face of a largely reluctant traditional finance industry,Read More…

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26Jul/19

MIT Fellow Accuses Facebook of ‘Lifting’ His Ideas for Libra Cryptocurrency

Avid students of the literature on monetary innovation might feel deja vu when reading Facebook’s Libra white paper. Several aspects of the social network’s much-ballyhooed global cryptocurrency project uncannily resemble the visionRead More…

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