Recent Ethereum Improvement Proposal reveals Casper FFG network update, which seeks to move the network away from issues associated with crypto mining. Developers of Ethereum (ETH), the largest altcoin by market capitalization, have published Ethereum Improvement Proposal (EIP) #1011 on Friday, April 20, to create a hybrid system of consensus that seeks to push the network away from issues associated with crypto mining. The proposal consists of specifications for implementing the Hybrid Casper the Friendly Finality Gadget (FFG) network update, which will combine Proof-of-Work (PoW) with Proof-of-Stake […]

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Indian BTC exchange Coinsecure says it has started working on the claims process for funds lost by 11,000 customers in a $3.5 mln theft earlier this month. Indian Bitcoin (BTC) exchange Coinsecure says it has started work on the claims process for customer funds lost in the theft of 438 BTC ($3.5 mln) from the exchange’s wallet earlier this month, in an update posted on its website April 21. The Coinsecure Team said it has been “flooded with calls and emails” regarding disbursement of the stolen funds, […]

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Crypto markets see mixed greens and reds today, with BTC still holding near $9K and ETH moving past $630 The crypto market is continuing to grow with only slight dips today, April 23, as Bitcoin (BTC) remains close to $9,000 after two weeks of gains and total market cap hits a 7-week high, according to data from CoinMarketCap. Crypto market visualization from coin360.io BTC is currently trading at around $8,840, down around 0.70 percent over a 24 hour period to press time, according to data from Cointelegraph’s […]

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The foundations are slowly being laid for further cryptocurrency development and adoption in the UK. Traditional financial institutions and big banks in the UK haven’t been overly supportive of cryptocurrencies over the years, but change could be on the horizon. 2018 has seen a big move for positive regulatory action towards cryptocurrencies around the world and England’s Financial Conduct Authority (FCA) has embraced this change as well. In March the FCA announced that it had launched a cryptocurrency task force in association with the Bank of England […]

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Crypto trader Justin Schmidt will join Goldman Sachs as the head of their digital asset markets for guiding customers in crypto Goldman Sachs has hired crypto trader Justin Schmidt as vice president of digital asset markets of their securities division in order to help clients navigate cryptocurrencies, Bloomberg reports today, April 23. Schmidt, an MIT Computer Science Masters graduate, had previously worked at financial institutions WorldQuant LLC, LMR Partners, and Seven Eight Capital. His LinkedIn laconically shows him working  in “Crypto” since 2017. Goldman Sachs spokesperson Tiffany […]

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Circle’s CEO is bullish on Bitcoin trading making a comeback as the company doubles its trade minimum to $500,000. The over-the-counter (OTC) trading platform of Goldman Sachs-backed financial services startup Circle doubled its minimum Bitcoin trade amount to $500,000 amid what it calls a “robust market”, Business Insider reports Monday, April 23. In comments to Business Insider, Circle CEO Jeremy Allaire said the move preempts a U-turn in crypto trading markets, which saw volumes decline in Q1 this year as Bitcoin and altcoin asset prices fell. “The […]

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