Crypto news

Pomp Joins Figure’s Board as Firm Completes $103M Funding Round California-based fintech company Figure Technologies has completed its $103 million funding round led by cryptocurrency asset manager Morgan Creek Digital. In conjunction with closing the Series C round, the blockchain-focused firm announced that Morgan Creek co-founder Anthony Pompliano had joined Figure’s board, according to a
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Canadian Venture Capital Firm Secured $320 Million to Invest in Fintech Startups Portag3 Ventures, a Canadian venture capital (VC) firm, has closed a second fund with around $320 million to invest in fintech startup companies globally. On Dec. 3, TechCrunch reported that the VC company received final commitments from institutional and strategic investors totaling $320
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Malta May Become Challenging to Crypto Exchanges Crypto exchanges may leave Malta, based on the latest predictions. The island country, compliant with EU law, is offering favorable regulations, and hosts some of the largest crypto market operators. But expectations arose of a stricter policy toward exchanges, with the potential that some firms will leave for
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$50M of ETH Stolen, ‘Rare Opportunity’ for BTC: Hodler’s Digest, Nov. 25–Dec. 1 Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Crypto
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Block.One Joins EOS Elections as One Entity Allegedly Controls 6 Block Producers The centralization of has again emerged as a contentious issue within the cryptocurrency community, with the firm that created the EOSIO software, Block.One, participating in electoral procedures to choose the Block Producers for the EOS blockchain. On Nov. 28, EOS Block Producer EOS
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KPMG Launches DLT Supply Chain Tool in Australia, China and Japan Big Four audit firm KPMG has officially launched a blockchain-based track and trace platform in Australia, China and Japan. Dubbed KPMG Origins, the tool is designed to increase transparency and traceability of processes in multiple industries such as agriculture, manufacturing and financial services, the
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By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Cryptocurrency theft has surged in 2019 compared with last year, with more money flowing through digital exchanges and criminals looking to carry out bigger heists, according to a report from blockchain forensics company CipherTrace obtained by Reuters. Losses from digital currency crime soared to $4.4 billion in the
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Gate.io is not closing, and has not been hacked, the team decided to dispel recent fears. The exchange stated that recent rumors of closing services are false. Gate.io is one of the more prominent exchanges, offering price discovery mechanisms for multiple altcoins. The exchange hosts 400 trading pairs, and currently carries volumes above $42 million
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BitTorrent Creator Calls Vitalik’s ASIC-Resistant Proof-of-Work ‘A Pipe Dream And a Bad Idea’ Bran Cohen, best known as author of the peer-to-peer (P2P) BitTorrent protocol, has responded to some of Vitalik Buterin’s opinions about the state of technology around cryptocurrencies. On Nov. 25, Cohen, also the current CEO of the Chia network, explained in a
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Maker DAO Immediately Hurt by Ethereum (ETH) Price Crash Maker DAO was booming, with interest in DeFi increasing until mid-November. The practice of crypto-collateralized lending boomed at a time when (ETH) prices remained stable, and (BTC) appreciated. However, the recent market shakedown revealed the fragility of the DeFi sphere. ETH crashed from levels above $180,
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© Reuters. Ethereum Falls 10% In Selloff Investing.com – was trading at $137.26 by 20:42 (01:42 GMT) on the Investing.com Index on Monday, down 10.29% on the day. It was the largest one-day percentage loss since September 24. The move downwards pushed Ethereum’s market cap down to $15.48B, or 7.99% of the total cryptocurrency market
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