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With 100 Percent Asset Insurance, Bitcoin Custody Solution Appeals for Trust

A newcomer to the Bitcoin investment services scene is offering two-for-one protection in the form of custody and fully-backed insurance. KNØX — a dual-nod to the mystic U.S. military base Fort Knox and (as evidenced by the value Ø) the hexadecimal literals used in coding — launched its custody solution today, September 24, 2019. This custody…
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Bottle Pay Raises $2M to Expand Lightning Network Tips Across the Web

Block Matrix, the company behind social media bitcoin tipping service Bottle Pay, just received a fresh round of funding. The company has come off of a $2 million seed funding round at a time when the Lightning Network, the second layer bitcoin payment network leveraged by Bottle Pay, continues to enjoy steady growth. A Bottle…
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Binance Welcomes Back U.S. Clients With Dedicated, Compliant Platform

Binance, the largest cryptocurrency exchange in the world by daily trading volumes, is about to extend its reach. On September 23, 2019, the exchange announced that Binance.US, an American-focused, fiat-to-cryptocurrency trading platform, would soon begin trading for bitcoin and a range of other cryptocurrencies. In the announcement, Binance revealed that Binance.US would provide all of…
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With 4.3 Million Bitcoin Mining Machines, Hash Rate to Hit 120 E by 2020

This article was originally published by 8btc and written by Lylian Teng. The bitcoin network currently has a whopping of 4.3 million mining machines running on it and the market is still seeing buying interest, with a need for 1.5 million more devices, according to Innosilicon, a China-based ASIC miner manufacturer. The surge in bitcoin…
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Bakkt Opens Bitcoin Futures Trading, Clocks 29 Contracts In First 12 Hours

Bakkt Opens Bitcoin Futures Trading, Clocks 29 Contracts in First 12 Hours

The wait is over, folks. Bakkt’s bitcoin futures trading is officially live. Trading for the Intercontinental Exchange’s (ICE) Bakkt bitcoin futures product launched on September 22, 2019, at 8:00 p.m. EST. As of this writing, 57 monthly futures contracts (1 contract = 1 bitcoin) have been sold on the platform, 29 of which changed hands…
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Token Tech Firm Securitize Raises $14 Million From Santander, MUFG

Token Tech firm Securitize Raises $14 Million from Santander, MUFG

news Regulated token issuance technology provider Securitize has raised $14 million from investors including the investment arms of major financial companies. Securitize announced in a press release Tuesday that the funding – an extension of its Series A round – was backed by Santander InnoVentures, MUFG Innovation Partners and Nomura Holdings. Also participating this time round were existing investors of the…
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Flipside Crypto Raises $7.1 Million To Give Tokens Better Analytics

Flipside Crypto Raises $7.1 Million to Give Tokens Better Analytics

feature Data analytics startup Flipside Crypto, already backed by Coinbase Ventures and Digital Currency Group, has raised another funding round to solidify its service offerings. Galaxy Digital, headed by hedge fund veteran (and runway model) Mike Novogratz, led a fresh $7.1 million round in Flipside Crypto this summer. Previous investors, such as Castle Island Ventures,…
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Updates Ongoing: US House Hearing With Commissioners Of The SEC

Updates Ongoing: US House Hearing With Commissioners of the SEC

Disclaimer: This report is being updated live from the Financial Services Committee floor. Check in for the latest on the hearing’s progress. All time notes are in EST.In advance:As Cointelegraph reported on Sept. 20, the United States House of Representatives Financial Services Committee is holding a hearing today, Sept. 24, with the Securities and Exchange…
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