Bitfarms announces new CEO, Riot launches campaign as corporate dispute escalates
The corporate battle for control of Bitfarms continues to evolve as the company appoints a new CEO while its board continues to be contested by Riot Platforms.
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Ethereum Developers Reveal Holdup With Serenity in Reddit AMA
The development team behind Ethereum 2.0 held an Ask Me Anything (AMA) session on Feb. 5. The team answered some of the most pressing questions on Serenity, in addition to general themes such as Proof of Stake (PoS).There have been two other such sessions, six months and one year ago, respectively. While no groundbreaking changes…

Market Mayhem: Bitcoin Sinks Below $3.4K, Ethereum Plummets to Double Digits
Friday, Dec. 7 — Crypto markets have today again taken a major downturn, with virtually all of the major coins by market cap seeing double digit losses. Some coins are down by over 20 percent, as data from Coin360 shows.Market visualization by Coin360Bitcoin (BTC) has taken a steep hit of over 11 percent on its…

UK hits double-digit inflation for the first time in 40 years
At 10.1% inflation, the United Kingdom joins 2 billion people around the world suffering as price rises erode people's purchasing power. 315 Total views 3 Total shares The inflation rate in the United Kingdom reached 10.1%, according to the Office for National Statistics (ONS). The Consumer Prices Index (CPI) rose by 10.1% in the 12…

Largest Brazilian Brokerage to Launch Exchange for Bitcoin and Ethereum
The largest brokerage in Brazil will enter the crypto space by launching an exchange for Bitcoin (BTC) and Ethereum (ETH) in the near future, Bloomberg reported September 21.Chief Executive Officer of Grupo XP Guilherme Benchimol told Bloomberg that the company will launch an exchange called XDEX in the coming months, with around forty employees. Grupo…

CoolBitX Partnering with Elliptic to Address FATF’s Travel Rule
CEO Michael Ou says Elliptic’s wallet screening tools with CoolBitX’s Sygna Bridge could help firms comply with the FATF travel rule. 1092 Total views 11 Total shares FinTech company CoolBitX may have a solution for countries that have not yet complied with the Financial Action Task Force’s “travel rule”. According to a statement from CoolBitX shared…

UK Financial Watchdog Grants License to London-Based Crypto Asset Firm
London-based crypto asset management firm Prime Factor Capital has obtained a license from the Financial Conduct Authority (FCA) to operate as a full-scope Alternative Investment Fund Manager (AIFM). The development was announced in a press release on July 1Being FCA-authorized gives Prime Factor Capital the right to operate as a full-scope AIFM under the European…

Law Enforcement Requests to Shapeshift Rose 175% in Second Half of 2018
Law enforcement requests sent to Switzerland-based cryptocurrency exchange ShapeShift rose 175 percent in the second half of 2018, according to a new Compliance Transparency report published by the exchange Jan. 18.In a blog post accompanying the report, Shapeshift outlines that it typically receives requests from law enforcement agencies for data including crypto addresses (in or…

HBUS Hires Tech and Financial Services Veteran as VP of Product and Technology
HBUS, the operator of United States-based crypto exchange Huobi.com, has announced the appointment of technology and financial services veteran Oren Blonstein as its vice president of product and technology. The development was revealed in a press release shared with Cointelegraph on May 7.As previously reported, the Huobi.com marketplace first launched under the name of HBUS…