Crypto

Bitfinex Releases White Paper for LEO Token Sale | Bitcoin Magazine

Bitfinex Releases White Paper for LEO Token Sale Bitfinex is forging forward despite its ongoing row with the authorities, and it's looking for investors to support its efforts. Today, May 8, 2019, iFinex, the operator and parent company of the popular cryptocurrency exchange, released a private token sale white paper, putting to rest rumors of its Initial Exchange Offering (IEO). ...

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Bitcoin Transactions Spike in April While SegWit Keeps Fees Low: Report | Bitcoin Magazine

Bitcoin Transactions Spike in April While SegWit Keeps Fees Low: Report Research has shown that the number of on-chain Bitcoin transactions has risen dramatically throughout 2019, nearing the volume of Bitcoin’s peak in December 2017. Even so, transaction fees are a fraction of what they were around bitcoin’s all-time high, likely due to the continued uptick of SegWit transactions on ...

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BlueWallet Brings Lightning Network to Apple Smartwatch With New App | Bitcoin Magazine

BlueWallet Brings Lightning Network to Apple Smartwatch With New App Popular Bitcoin and Lightning Network wallet BlueWallet has released a smartwatch-compatible version of their wallet app, the first attempt to bring Lightning support to the Apple hardware. The developers announced this new app on Twitter, briefly describing some of its functionality. Giving users the same utility as BlueWallet’s mobile iteration, ...

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Bitfinex, Attorney General Legal Sparring Continues With New Court Filings | Bitcoin Magazine

Bitfinex, Attorney General Legal Sparring Continues With New Court Filings Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend. The top exchange and New York’s principal legal advisor went back and forth with each other in two new letters submitted to ...

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Fidelity’s Bitcoin Trading Is Only Weeks Away | Bitcoin Magazine

Fidelity’s Bitcoin Trading Is Only Weeks Away Fidelity's cryptocurrency subsidiary Fidelity Digital Assets will reportedly launch bitcoin trading for its clients “within a few weeks,” according to Bloomberg. According to the report, which cites an anonymous source, the new services will be open only to institutional investors. Speaking with the publication, Arlene Roberts, a spokeswoman for the investment company, said, ...

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Major Darknet Marketplace Wall Street Market Shuttered by Law Enforcement | Bitcoin Magazine

Major Darknet Marketplace Wall Street Market Shuttered by Law Enforcement Wall Street Market, the second-largest darknet market in the world in recent months, has been shut down by international law enforcement agencies, including Europol as well as U.S., German, Dutch and Romanian law enforcement. Three suspected operators of the online marketplace for illegal goods and services have been arrested in ...

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Introducing the Bitcoin Magazine Podcast | Bitcoin Magazine

Introducing the Bitcoin Magazine Podcast Bitcoin is the world’s most popular digital currency. It’s also the original decentralized and digitally scarce asset. That means no single person, authority or organization can control or create more of it. For these reasons, Bitcoin holds the potential to upend our traditional financial systems, the same systems and practices that have plagued people for ...

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Binance Teams Up With Elliptic to Bolster AML Compliance | Bitcoin Magazine

Binance Teams Up With Elliptic to Bolster AML Compliance As part of its efforts to be regulatory compliant, Malta-based crypto exchange Binance has partnered with Blockchain startup Elliptic. According to a Coindesk report, the partnership will help Binance mitigate anti-money laundering (AML) concerns as it expands into new regions. Binance announced a similar partnership with cyber security firm CipherTrace on ...

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Crypto Hacks Are on Track to Eclipse $1 Billion in Lost Funds This Year | Bitcoin Magazine

Crypto Hacks Are on Track to Eclipse $1 Billion in Lost Funds This Year Crypto security and intelligence firm CipherTrace has published its Q1 2019 Cryptocurrency Anti-Money Laundering Report, revealing that exchange platforms all over the world have lost nearly $400 million as a result of hacks and thefts. Hacks Are Making Bank According to the firm, the report is ...

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Fintech-Related Lobbying Attracted $42 Million in Q1 2019 | Bitcoin Magazine

Fintech-Related Lobbying Attracted $42 Million in Q1 2019 In a bid to carry out their agendas, crypto firms have turned to lobbying. Citing statistics from the Federal Electoral Commission (FEC), news platform Roll Call reported that fintech firms spent $42 million as lobbying expenses in Q1 in 2019 alone. The report considered the lobbying efforts of firms such as U.S.-based ...

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