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Banks and bitcoin are odd bedfellows, but they do share some things in common. To its proponents, bitcoin is the future of money, but it still takes “traditional” money to purchase cryptocurrency, and right now, banks control the conduits. If these oligarchs have their way, they’ll also have a controlling stake in the crypto sphere […]
The post Patent Data Reveals the Banking Sector’s Strange Relationship with Bitcoin appeared first on Bitcoin News.
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Bitcoin was born on the internet but destined to end up in court. Where there’s money, there’s a trail of gold-diggers, scammers, and slighted plaintiffs, and as bitcoin has risen in value, so have the court cases. With lawsuits, threats of litigation, subpoenas, and regulators sending gavels slamming in courtrooms across the land, this week’s […]
The post This Week in Bitcoin: Courtroom Drama appeared first on Bitcoin News.
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The news that mobile payment app Circle had acquired Poloniex had many people’s interest piqued, but the real story behind it is the way in which Goldman Sachs is maneuvering into the cryptocurrency space #FOLLOW-UP
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When it was announced on Monday that Circle would be acquiring Poloniex, much of the focus was on the $400 million reported to have changed hands. It was a good bit of business for both parties, ran the general consensus, and not a bad deal for customers of the exchange either, who might finally experience […]
The post Circle-Poloniex Deal Presages the Future of Cryptocurrency Exchanges appeared first on Bitcoin News.
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Cryptocurrency venture capital firm announces investment in pro-crypto Silvergate Bank. #NEWS
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Payment company Circle has announced that it has purchased Poloniex cryptocurrency exchange. Rumors of the acquisition had been circulating for weeks, and were finally confirmed today in press releases issued by both parties. Poloniex is one of the most well established cryptocurrency exchanges, but has been stagnating. It is hoped that the partnership will revitalize […]
The post Cryptocurrency Exchange Poloniex Has Been Bought by Circle appeared first on Bitcoin News.
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Circle announces today that is has acquired large US crypto exchange Poloniex. #NEWS
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Unconfirmed: money-sending app Circle is working to acquire major crypto exchange Poloniex, according to former NY Observer editor-in-chief. #NEWS
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After Xunlei was questioned about Initial Miner Offerings (IMO), multiple public companies clarified that they did not and will not tap into the blockchain space. A Shenzhen-based bitcoin miner manufacturer issued a statement saying the business hasn’t generated much profit for the company. Also Read：China’s Regulatory Authority Warns About Risks of Initial Miner Offerings Produce […]
The post Companies Deny Having Bitcoin or Blockchain Services Amid China’s Clampdown appeared first on Bitcoin News.
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