Coinsquare Lays off 40 Employees in a Troublesome Month for Crypto Exchanges

Leading Canadian cryptocurrency exchange Coinsquare has reportedly laid off almost a third of its staff. The news comes after at least five other trading platforms found themselves in trouble during the past month. From the need to adapt to a prolonged bear market, overcome financial difficulties and technical issues, to coping with coin losses and … Read more

PR: trade.io Enables Purchase of Cryptocurrencies With USD and EUR

Monday, February the 4th, 2019, Hong Kong, Crypto exchange trade.io has announced a partnership with payment processor Simplex, enabling clients to purchase a range of popular cryptocurrencies by credit or debit card. Initially, the solution will support the purchase of Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), & Bitcoin Cash (BCH) with USD or EUR. Management … Read more

Tidbits: Kraken CEO Offers Help in Quadrigacx Case, Iranian Bitcoiner Learns Expensive Lesson

Tidbits is a roundup of talking points from across the cryptosphere. In this edition, Jesse Powell offers to help the Canadian police investigate the supposed death of Quadrigacx CEO Gerald Cotten and the subsequent movement of funds. Also, the r/btc community teaches Iranian redditor Cdaemon how to keep his crypto safe.  Also read: Canadian Exchange … Read more

Tron Price Has Quick Gains Wiped Out Nearly Completely as Pump Cools Off

When it comes to the cryptocurrency markets, there is a lot of contradictory momentum. Whereas Bitcoin, Ethereum, and XRP are all struggling for any genuine traction, Tron seems to be enjoying a very positive spell right now. The current Tron price sits at $0.0267 again, following a minor value spike. An interesting development which seems … Read more

New Parity Update Addresses RPC Request Crashing Ethereum Network Nodes

In 2019, not a week goes by in the cryptocurrency industry without some sort of worrisome development. Parity, one of the more popular technology stacks in the Ethereum ecosystem, has issued a major security alert. It seems a new attack vector against network nodes has been uncovered which could ultimately force network nodes offline. Luckily, … Read more

Venezuela’s New Cryptocurrency Rules Enter Into Force

The decree establishing a legal framework for cryptocurrencies in Venezuela has entered into force. It contains 63 articles including rules for the purchase, sale, use, distribution, and exchange of cryptocurrencies and related products. It also mandates a registration system and details audit procedures, penalties for non-compliance, and how mining equipment can be confiscated. Also read: Indian Supreme … Read more

Crypto-Stealing SIM Swapper Pleads Guilty, Gets 10 Years in Prison

Joel Ortiz, a college student who allegedly stole cryptocurrency worth over $5 million, has pleaded guilty and accepted a 10-year prison sentence. Ortiz was arrested last year and accused of hijacking the phone numbers of around 40 people. He is now the first person to be sentenced for the crime, commonly known as SIM swapping. … Read more

Fidelity Announces Institutional Crypto Platform is in ‘Final Testing’

Fidelity has published an update announcing that its highly anticipated cryptocurrency exchange and custody platform, Fidelity Digital Asset Services (FDAS), has entered its “final testing” phase. The financial services provider also stated that it is exclusively serving a “select set of eligible clients” while developing the platform. Also Read: Properties Are Still Being Sold for Cryptocurrency … Read more

Wyoming Senate Passes Bill Recognizing Cryptocurrency as Money

The Senate of the U.S. state of Wyoming has passed a bill which defines cryptocurrency as property and establishes rules including for allowing banks to provide crypto custodial services. For secured transactions, however, the bill recognizes cryptocurrency as money subject to some of the same rules as money in the state. Also read: Indian Supreme Court Moves … Read more

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