Monthly Archives: November 2019

BitMEX on User Info Leak: No Data Was Disclosed Beyond Emails

BitMEX has not sent mass emails to its customers since 2017, the exchange said in an official statement on the recent email leak. BitMEX, the biggest crypto exchange by trade volume to date, says that no other data except email addresses has been disclosed in a recent email leak. “At no point were any of our core systems at risk” After the first reports on the accident on Nov. 1, BitMEX released an official statement on the issue Nov. 4, emphasizing that no personal or account information […]

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Venture Capital Financing in Crypto, Explained

Institutional investors are increasingly more interested in crypto businesses, but how do they approach them? Learn more about venture capital investing here. What are some examples of popular venture capitalists and crypto startups benefiting from VC? From Andreeseen Horowitz to Sequoia Capital, some of the largest tech-oriented VC firms are turning their attention toward crypto startups.  Institutional investors have also been hit by the fear of missing out on the next rally. As a result, many VC firms have begun investing exclusively in crypto and blockchain startups. […]

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Blockchain and AI Have ‘Revolutionized’ War — India Defence Minister

India’s Defence Minister Rajnath Singh says the technology underpinning cryptocurrencies will remain a key part of the defence, along with other innovations. India’s Defence Minister believes blockchain technology, artificial intelligence (AI) and big data will form part of the future of warfare. As local daily news outlet Times of India reported on Nov. 4, Rajnath Singh highlighted the potential of blockchain, along with big data and AI, in defense operations.  Warfare’s new “blockchain paradigm” Speaking to a range of delegates from 80 countries in Delhi, Singh appeared […]

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Nasdaq-Powered Security Token Exchange Shutters to Pursue Merger

Just nine months after its launch, the Nasdaq-powered digital trading platform DX.Exchange is temporarily shutting down as it pursues a merger or outright sale. Just nine months after its launch, the Nasdaq–powered digital trading platform DX.Exchange is temporarily shutting down as it pursues a merger or outright sale. The Estonia-based platform made the announcement on Nov. 3, informing users that “the costs of providing the required level of security, support and technology is not economically feasible on our own.” Users asked to promptly submit withdrawal requests As […]

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Czech Central Bank Prepares Fine For Calling Physical Bitcoins ‘Coins’

The pro-Bitcoin Paralelní Polis faces penalties if it continues to use the term “coin” to describe its commemorative 0.01 BTC silver coins. Bitcoin (BTC) friendly Czech crypto-anarchist movement Paralelní Polis has received a warning from the country’s central bank for issuing its own coins. Central bank fine “completely nonsensical” As representatives reported on Twitter on Nov. 3, the Czech National Bank (CNB) has objected to Paralelní Polis using the term “coin” to describe commemorative silver tokens it is currently minting. In 2018, a new law appeared giving […]

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The Dangers of Mining Pools: Centralization and Security Issues

What are the causes and dangers of centralization in mining, and how can geographical centralization affect the crypto space? The larger percentage of cryptocurrency enthusiasts that turn to mining pools, all the more dangerous this kind of mining is likely to become. The reason is simple: The potential rewards grow in correspondence with the number of participants and their hash power, and so too does the incentive to profit from it in less-than-legal or acceptable ways for some parties. Why mine together? In cryptocurrency mining — just […]

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Crypto Exchange OKEx Is Listing Tezos With Bitcoin, Tether Pairs

The world’s 3rd largest crypto exchange OKEx has announced it will be listing Tezos later this week. The world’s 3rd largest crypto exchange OKEx has announced it will be listing Tezos (XTZ) later this week. In an announcement shared with Cointelegraph on Nov. 4, OKeX said that XTZ deposits will be available as of 09.000 UTC on Nov. 6, with XTZ spot trading against Bitcoin (BTC) and Tether (USDT) to launch at 9.00 UTC on Nov. 7.  XTZ withdrawals will be functional from 09.00 UTC on Nov. […]

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One Whale Was Behind Bitcoin’s 2017 Bull Run, Claim Researchers

Researchers have escalated their claims about market manipulation in winter 2017, now claiming that a single whale was responsible for Bitcoin’s historic price surge. Researchers have escalated their claims about market manipulation in winter 2017, now claiming that a single whale was responsible for Bitcoin’s historic price surge. The development was reported by Bloomberg on Nov. 4. John M. Griffin and Amin Shams — of the universities of Texas and Ohio respectively — have updated their previous research, which made the case that market misconduct was allegedly […]

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Tron Network Total Accounts Pass 4 Million After Samsung Partnership

Data confirms there are more than 4 million Tron accounts, but it remains unclear what proportion of those are in use. The total number of accounts generated on blockchain network Tron has exceeded 4 million, its CEO has said.  4 million active users? In a tweet on Nov. 4, monitoring resource TRONSCAN announced that the network’s total account tally was now 4.015 million, a figure which Justin Sun subsequently broadcast. The numbers do not distinguish whether an account is in use or dormant, and in the case […]

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Bad Loans at Big British Banks Jump Over 50% in a Year

Shaken by the never-ending saga around Brexit and the global slowdown, the British economy is now showing signs that point to an upcoming crisis. The U.K.’s biggest banks have been dealing with a growing number of loans companies are struggling to pay off. At the same time, low interest rates on mortgages are limiting opportunities for revenue growth. Also read: Another Chinese Lender Bailed Out After Bank Run Largest Lenders Write Off More Debt Than a Year Ago The United Kingdom’s largest lenders have been writing off […]

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