Pavel Durov and partner reveal miscarriage following arrest
Telegram founder Pavel Durov’s arrest has sparked widespread condemnation of the French government for promoting censorship policies.
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Bitcoin price swings to over $20K as Binance helps FTX ‘liquidity crunch’
Bitcoin (BTC) saw major volatility after the Nov. 8 Wall Street open as turmoil over crypto exchange FTX punished markets further.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBinance hints at plan to buy FTXData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $19,244 on Bitstamp, marking the pair’s lowest levels in two weeks and 24-hour losses of…
Asian Asset Manager Focusing on Family Offices to Launch Crypto-Custody Solution
The Fusang Investment Office, an Asia-based fund management firm focusing on family offices, is planning to launch a crypto-custody service in Hong Kong, local news outlet the South China Morning Post reports Sunday, July 22. The custody service, Fusang Vault, will hold digital assets for clients as well as provide periodic audits, according to the…
Japan’s GMO Internet Sees 45% Cryptocurrency Profit Dip for Q1 2019
Japanese internet giant GMO Internet Group saw its cryptocurrency profits drop in Q1 2019 amid market weakness, Cointelegraph Japan reported, quoting a new statement on May 10.GMO, which in December 2018 withdrew from bitcoin miner production due to the fall in bitcoin (BTC) prices, saw revenues of 12.9 billion yen ($117.4 million) in Q1, compared…
Canadian Bitcoin platform Shakepay raises $35M in Series A funding
Bitcoin startup Shakepay raised $35 million ($44 million CAD) in Series A funding round, valuing the company at $251 million. 530 Total views 23 Total shares It’s another shake-up for the finance industry as Montreal-based Bitcoin (BTC) startup Shakepay raised $35 million from investors. The fresh funding from the United States-based venture capital firm QED…
From Exploitation to Collaboration: Nasdaq-Listed Firm’s Vision for the Future of Advertising
A Nasdaq-listed company says it is creating a blockchain-enabled platform designed to decentralize data and empower consumers — all while giving brands an alternative to Facebook and Google in the quest to reach the public.Phunware says it is leveraging 10 years of mobile technology experience to enable brands to deliver relevant content to a highly…
South Africa Looks to Blockchain to Reduce Unemployment
The South African Presidential Commision on the Fourth Industrial Revolution believes that blockchain technology and Artificial Intelligence could help reduce unemployment in the country.Commissioner Mpho Dagada told the Blockchain Africa Conference in Johannesburg this week that blockchain could bring important economic benefits.“We face two significant challenges in the country: reducing unemployment and increasing our Gross…
PundiX (NPXS) surges 130% in two days: What’s driving the rally?
NPXS, the native token of PundiX, a cryptocurrency point of sale (PoS) solution provider, has seen a massive surge in price over the past 48 hours.In merely two days, the price of NPXS rose by more than 130% on Binance, outperforming most major cryptocurrencies on the exchange.There are three key reasons behind the rally: the…
Bitcoin prices should ‘logically’ correct in Jan, but crypto’s a ‘wild card’
The price of Bitcoin (BTC) should “logically” undergo a correction once spot Bitcoin exchange-traded funds (ETFs) are approved, though commentators also concede that crypto is also a “wild card."Bitcoin has been gaining momentum over the last 11 months, with a jump in March amid banking uncertainty, another spike in June when BlackRock filed for a spot