Russian social media platform Vkontakte may launch cryptocurrency, potential access for 50 million users

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Vkontakte, a Russian social media platform and subsidiary of Mail.ru Group, is reportedly working on a cryptocurrency. According to RNS, a Russian news outlet, Vkontakte’s plan involves the creation of cryptocurrency wallets for its 50 million users on the social media platform. The project, if approved, will enable users to store and transfer Vkontakte’s native…

Institutional Investors Can Earn Interest on Tezos Through Coinbase Custody

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Previously, institutional investors did not stake their cryptocurrency or participate in governance because of the need to use crypto-custodians. Coinbase Custody is changing that with support for Tezos staking and MakerDAO governance for its institutional clients. On Mar. 29th, Coinbase announced support for Tezos (XTZ) baking, the protocol’s equivalent to proof-of-stake staking. “We’re proud to…

Examining the #DeleteCoinbase Controversy: Is Coinbase Selling User Data?

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One Coinbase executive recently said that its partners were “selling client data to outside sources,” stoking privacy concerns. Controversy has been brewing since the exchange’s acquisition of blockchain analytics company Neutrino on Feb. 19th. Purportedly, the founder of Neutrino is also the founder of spyware development firm Hacking Team, a company which was criticized for…

Quadriga’s Cold Wallets “Empty Since April,” Brian Armstrong Suspicious, and Kraken Announces $100,000 for Tips

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There is mounting evidence that there is more to the QuadrigaCX incident. Coinbase CEO Brian Armstrong is suspicious, Kraken suggestively announced $100,000 for tips, and Bloomberg recently reported that Quadriga’s cold wallets “have been empty since April.” Activity from cryptocurrency figureheads and evidence coming from Canadian authorities could suggest there is more to the story…

Dash Merchant Venezuela Team Issues Response to Embezzlement Accusations

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Eugenia Alcalá, the CEO of Dash Venezuela, issued a statement following embezzlement accusations. Some in the community are still outraged. Meanwhile, the CEO apologized for delays in delivering its balance sheet and praised the team for its “positive achievements.” Dash Merchant Venezuela Team Accused of Embezzlement Dash Merchant Venezuela, the team tasked with increasing adoption…