Custody or Convenience: BitGo Offers Cold Storage Cryptocurrency Trading

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There are tradeoffs between centralization and convenience in cryptocurrency trading. BitGo has partnered with Genesis Global Trading Inc. to introduce a new method for exchanging funds offline that could offer greater flexibility and security, but it may come at the cost of custody. In partnership with @GenesisTrading, “BitGo Inc.’s customers will be able to buy…

Blockfolio’s CEO: How to Thrive During a Brutal Bear Market [Interview]

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The cryptocurrency markets have left many devastated. After cratering and losing over 80 percent of its value since 2017 highs, companies have contracted and individuals have become disillusioned with blockchain. Ed Moncada, the CEO of Blockfolio, has been there before, and shares his experiencing surviving—and even thriving—during the bear market. Edward (Ed) Moncada is an…

Security Tokens the Next Step for Regulated Crypto Exchanges

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Once the institutional ‘smart money’ enters the market, we will see a liquidity pool difficult to imagine compared to the current market. The path forward is the tokenization of securities and the capital markets. The crypto sphere took the world by storm in 2017 when we saw the overall cryptocurrency market cap surge by some…

Blockchain May Change How Real-World Tabletop Card Games are Played [Interview]

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As blockchain technology hits the gaming industry, most game developers are only exploring subtle integrations. Meanwhile, a Seattle startup is making extensive use of the technology to completely reinvent how tabletop card games are played and distributed. New Gaming Paradigm CryptoSlate recently spoke with Seattle studio Cryptogogue about their unique crypto-backed trading card game and…

Parity Technologies Awarded $5 Million Grant from Ethereum Foundation

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London-based Parity Technologies has won a $5 million grant from the Ethereum Foundation to fund its work on improving the Ethereum blockchain, such as developments in Casper, sharding, light clients, developer tools, audits, and general infrastructure. Parity to Receive Funding in Tranches The foundation announced the grant via a blog post on Jan. 7th, explaining…

World’s 23rd Richest Man Invests in Cryptocurrency Exchange Bakkt’s First Funding Round

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Bakkt, a digital asset platform created by the Intercontinental Exchange, has completed its first funding round, securing an investment from Li Ka-shing, a renowned Hong Kong billionaire and one of the wealthiest men on the planet. Li Ka-Shing Leads Investment Round For Bakkt Bakkt, a cryptocurrency platform backed by the Intercontinental Exchange (ICE) had completed…

Crypto VC Believes the Masses Have “Forgotten” About Bitcoin a Year After All-Time Highs

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Cryptocurrency venture capitalist Chris Burniske believes the masses have “entirely forgotten” about digital assets, with his comments coming on the back of a prolonged bear market. Now, seasoned traders, institutional investors, and technological experts are leaving the crypto arena. Goodbye Bitcoin A year after Bitcoin was priced at $20,000 on some exchanges and the cryptocurrency…

Nano X: Security Concerns Over Ledger’s New Bluetooth Enabled Wallet

Nano X: Security Concerns Over Ledger’s New Bluetooth Enabled Wallet

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Leading cryptocurrency wallet company Ledger announced its latest device, the Nano X. The wallet features a Bluetooth functionality and a mobile app for remote management. In response, the crypto community is ablaze with security concerns. Ledger Gets an Upgrade The new Nano X will be unveiled on Jan. 16 at CES. In an interview with Bitcoin…

Overstock is Paying Ohio Taxes in Bitcoin

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Major U.S. furniture retailer Overstock announced that it will pay taxes in bitcoin for the Ohio-based portion of its business under the state’s novel taxpayer platform, Ohiocrypto.com. Leading Crypto Adoption The 34th largest U.S. state by area, Ohio, became the first state to introduce tax payments via bitcoin in November 2018. The law extends to workers…

Big Bankers Say Cryptocurrencies Do Not Pose a Threat to Global Financial Stability

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The Financial Stability Board, a global inter-governmental body with over 20 member countries, has ruled that virtual currencies are not a threat to the world economy. The assessment could have an impact on India, whose central bank is part of the board. FSB Says Cryptocurrencies Won’t Affect Global Financial Stability While the crypto winter shows…