Monthly Archives: August 2019

Mike Novogratz’s Galaxy Digital Hires Former Cumberland Exec

Mike Novogratz’s Galaxy Digital hired a former exec at crypto trading giant Cumberland as head of global sales. Mike Novogratz’s crypto investment bank Galaxy Digital hired a former exec at crypto trading giant Cumberland as head of global sales. According to an internal notice to Galaxy Digital’s counterparties, Wall Street veteran David Gross joined the company, crypto media outlet The Block reports Aug. 6. In his new position, Gross will be working on boosting sales in three units of Galaxy’s business, and will be reporting to president […]

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LedgerX: Media Misreports BTC Futures Status, Option ‘Coming Soon’

LedgerX was reported to launch the first physically settled Bitcoin futures contracts in the U.S., but report was later debunked by LedgerX… Earlier this week, United States-regulated crypto derivatives and clearing platform LedgerX was reported to launch the first physically settled Bitcoin futures contracts in the country, therefore stealing a march on Bakkt and ErisX. However, the Commodities Futures Trading Commission (CFTC) soon refuted that information by stating that the exchange has not yet been properly cleared by the agency.  Now, a LedgerX official has told Cointelegraph […]

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Crypto Derivatives Platform FTX Secures $8M In Seed Funding Round

FTX has secured $8 million in its seed round, with blockchain-focused venture capital fund Proof of Capital and blockchain firm Consensus Lab among major investors. Cryptocurrency derivatives exchange FTX has secured $8 million in its seed round. Major investors include blockchain-focused venture capital fund Proof of Capital and blockchain firm Consensus Lab, among others. In the blog post published on Aug. 6, Proof of Capital revealed that it had invested in FTX, a firm offering futures, leveraged tokens and over-the-counter trading. Consensus Lab, digital asset management firm […]

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Major Coins Report Mixed Signals, Bitcoin Hovers Around $11,700

Cryptocurrency markets did not maintain their bullish trend from yesterday, with most major coins seeing red today. Tuesday, Aug. 6 — Major cryptocurrency markets have continued suffering losses over the past several hours as Bitcoin (BTC) has come back down to around $11,700 after a jump to $12,300 earlier today. Market visualization. Source: Coin360 BTC has effectively returned to its level of 24 hours ago to trade at around $11,759 at press time. During the past day, BTC has been trading in a narrow corridor between $11,020 […]

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How to Shuffle BCH and Keep Your Transactions Private With Cashshuffle

As blockchain surveillance becomes more prevalent, cryptocurrency advocates have created ways to make digital currency transactions more private. Bitcoin Cash (BCH) has an application called Cashshuffle, which allows users to shuffle their BCH with other fractions of BCH to obfuscate the transaction trail. To complete a shuffle, there are a few steps you must take to utilize the Cashshuffle protocol via the Electron Cash lite wallet. Also Read: 10,000 American Cryptocurrency Owners Will Receive Warning Letters From the IRS A Guide to Shuffling Bitcoin Cash With Cashshuffle […]

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Samsung Expands Its Blockchain DApp Kit With New Services, Updates Wallet

South Korean tech giant Samsung has expanded its blockchain and decentralized application Software Development Kit with two new services. South Korean tech giant Samsung has expanded its blockchain and decentralized application (DApp) Software Development Kit with two new services. Galaxy of multi-service blockchain apps Per the press release shared with Cointelegraph on Aug. 6, Samsung has integrated a digital analytics DApp dubbed “Jupiter” and a QR code-based password wallet “Mars” into Galaxy S10 and newer version of Samsung smartphones. Jupiter utilizes TrustVerse’s artificial intelligence powered price prediction […]

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Max Keiser Predicts Bitcoin Dominance, Death of Altcoins and Hard Forks

Bitcoin bull Max Keiser says Bitcoin dominance is heading to 80%, and investors would be wise to leave altcoins. Bitcoin maximalist and former Wall Street trader Max Keiser has recently claimed that Bitcoin (BTC) dominance is heading to 80% and that altcoins are dying, further urging the public to rotate out of other crypto assets and into BTC. Keiser announced his latest views in a Twitter post on Aug. 6: “#Bitcoin dominance 68.2% — heading to 80% — as alts die in favor of BTC. The 2014-2017 […]

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Grocery Involved in Nearly Half of all DLT Supply Chain Projects

The groceries sector benefits the most from distributed ledger technologies, new study finds. The grocery sector is responsible for nearly half of all Distributed Ledger Technology-based (DLT) supply chain projects. UCL: grocery most active in DLT tracking Research conducted by the University College London centre for blockchain and retail blockchain consortium and published on Aug. 4 shows that the grocery industry has the highest number of DLT-based supply chain tracking projects. Per the report, nearly half of all the projects analyzed operate within the grocery sector, while […]

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From Booze to Bitcoin Mining – Why Violent Prohibition Is Always Harmful

Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region. On July 31, Russia’s Kraskom power company reported illegal siphoning of power from municipal grids for mining, resulting in losses over $31,000. With incidents like this in no short supply, it is worth asking why people are willing to risk severe criminal punishment to mine crypto, […]

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The Enterprise Ethereum Alliance Launches the EEA Mainnet Initiative

The Enterprise Ethereum Alliance will form a group working to boost collaboration between the mainnet and enterprises. The Enterprise Ethereum Alliance (EEA) is setting up a technical group working on collaboration between the mainnet and enterprises. The working group, called the EEA Mainnet Initiative, intends to accelerate and lead cooperation between the EEA’s enterprise and startup members, as well as those who work on the mainnet’s technology and interoperability solutions, according to a press release shared with Cointelegraph on Aug. 6. EEA Mainnet Initiative to work on […]

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