After Last Year’s Mempool Drama, Batched Bitcoin Transactions Finally on the Rise

When bitcoin transaction fees hit record costs in mid-to late-2017, a race for solutions was in force. The most workable one came in the form of batching bitcoin transactions, and batching’s popularity has increased in the background of a general bear market that started in early 2018. Technical Underpinnings of Batching At the time, it

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Another Report Links Bitfinex to Puerto Rico’s Noble Bank

The whispers that cryptocurrency exchange giant Bitfinex has found a banking partner in the Caribbean are growing louder. Citing three people with knowledge of the matter, Bloomberg reports that the exchange operator has opened accounts at Noble Bank International, a financial institution based in San Juan, Puerto Rico. Noble, notably, does not hold funds directly,

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Singapore Warns 8 Crypto Exchanges Against Unauthorized Securities Trading

Singapore’s central bank and financial regulator has warned eight crypto exchanges against facilitating the trading of digital tokens deemed as securities and futures contracts without prior approval. In an announcement today, the Monetary Authority of Singapore (MAS) revealed it had reminded eight unnamed crypto trading platforms to seek its authorization prior to offering any trading

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Coinbase Acquires Decentralized Crypto Trading Platform Paradex

Crypto industry giant Coinbase has acquired Paradex, a decentralized cryptocurrency trading relay platform that enables users to trade hundreds of ERC-20 tokens directly from their wallets. In an announcement on Wednesday, San Francisco-based cryptocurrency exchange Coinbase confirmed its acquisition of Paradex in a move that will open up Coinbase customers to access and trade coins

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A Giant Grows Larger: Coinbase Has Nearly as Many Customers as Fidelity Investments

As a not-so-typical startup in the Valley, Coinbase is exploding with customer growth. The exchange now manages over 20 million customer accounts, which is nearly as many as Fidelity Investments and twice as many as Charles Schwab, according to a report by the Washington Post. Also, in much the same manner that has spanned the

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Cryptocurrency Exchange Huobi Poaches CEO from Major Rival OKEx

Former OKEx CEO Chris Lee has joined rival cryptocurrency exchange Huobi as its vice president of global development, just days after stating that he was leaving his former employer so that he could spend more time with his family. Huobi made the announcement on Monday, explaining in a statement that Lee would help spearhead the

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Zcash Price Jumps Over 50% for the Week Ahead of Gemini Listing

Zcash, the 21st-largest cryptocurrency with a market cap of more than $1.4 billion, jumped more than 50% this week, according to CoinMarketCap, pushed by the news that the Gemini exchange will list the cryptocurrency next week. The New York Department of Financial Services approved Gemini’s request to add three ZEC markets – ZEC/USD, ZEC/BTC and

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Indian Cryptocurrency Exchanges Undeterred By Central Bank Crackdown; New Players Still Entering The Market

A famous quote says “Water always finds a way,” and this seems to be the motto of beleaguered Indian cryptocurrency exchanges, who are circumventing the Reserve Bank of India’s (RBI) blanket ban on digital currencies by a flurry of methods. Central Bank Tries To Shut Industry A country of 1.4 billion, India undeniably had a

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Bitfinex Forces Users to Submit Tax Information, May Share with Government

Major cryptocurrency exchange Bitfinex has recently notified some of its users that they are required to submit their tax information so the company can then send it over to the British Virgin Island’s (BVI) government, which “may” exchange the info with the tax authorities of its users’ country of residence. The exchange’s message reads: “The

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Bitmain Leads $3 Billion Crypto Exchange Circle’s $110 Million Series E Round

Goldman Sachs-backed cryptocurrency exchange Circle now has a new investor to its name, the Chinese crypto mining giant Bitmain. A new investment round led by Bitmain values the exchange at $3 Billion and also includes other notable names like Accel and Blockchain Capital. Along with the new funding round, Circle also announced their plans for

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