The Block: Chinese mining giant Bitmain is working with two consulting firms to up its sales in South America

CoinSpice: ING, One of the Biggest Banks in the World, Developing Cryptocurrency Custody Product: Report

Thursday, 12 December 2019 15:26

TL;DR: Reuters is reporting one of the biggest banks in the world, ING, is working on technology to bring cryptocurrency custody products to its clients. Citing “people familiar with the matter,” it could be another anecdotal sign more so-called institutional money and its legacy finance businesses are…

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The Block: Crypto bank SEBA expands to 9 new markets, including Singapore and Hong Kong

Thursday, 12 December 2019 15:39

A month after going fully operational, Switzerland-based cryptocurrency bank SEBA has expanded to nine new countries. In a statement shared with The Block on Thursday, SEBA said companies and institutional clients from Singapore, Hong Kong, the U.K., Italy, Germany, France, Austria, Portugal, and the Netherlands can now…

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BeInCrypto: Justin Sun’s Weibo Account Has Officially Been Shut Down

Thursday, 12 December 2019 16:42

TRON founder Justin Sun has had his personal Weibo account shut down by Chinese authorities. This comes about a month after the official TRON account was banned, as BeInCrypto has previously reported. It appears that China will continue to promote blockchain but clamp down on actual cryptocurrencies.…

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The Block: Franklin Templeton invests undisclosed sum in blockchain startup Proof of Impact

Thursday, 12 December 2019 17:06

Franklin Templeton, a global asset management firm with over $700 billion in client assets, has led an undisclosed funding round for blockchain startup Proof of Impact. The post Franklin Templeton invests undisclosed sum in blockchain startup Proof of Impact appeared first on The Block.

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CryptoPotato: The China Ban: Justin Sun’s Weibo Account Got Shut Down

Thursday, 12 December 2019 17:50

The popular Chinese social platform, Weibo, had reportedly closed Justin Sun’s account. Tron’s Founder and CEO is one of the most influential people within the cryptocurrency community, and the closure of his account could be regarded as a continuation in China’s negative views on cryptocurrencies. Weibo Closes…

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The Coin Shark: Компания Square Crypto предложила гранд неизвестному разработчику

Thursday, 12 December 2019 18:08

Дочернее предприятие платежной системы Square, криптовалютная компания Square Crypto готова предложить большой гранд неизвестному разработчику Lightning Network, под ником ZmnSCPxj. Этот человек на протяжении нескольких лет публикует посты с подробным анализом предложений по разработке сети Lightning Network и в компании Square Crypto решили поощрить его за это.…

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The Block: Tagomi is undercutting large crypto exchanges in a bid to lure active traders to its platform

Thursday, 12 December 2019 18:19

Cryptocurrency brokerage Tagomi is slashing its trading fees in a bid to lure active traders away from exchanges like Coinbase and Gemini to its platform. The post Tagomi is undercutting large crypto exchanges in a bid to lure active traders to its platform appeared first on The…

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BeInCrypto: Justin Sun Celebrates 916M Tether (USDT) on TRON

Thursday, 12 December 2019 18:27

Over 916M of the controversial stablecoin Tether (USDT) has been migrated over to TRON’s blockchain as of mid-December. Few people expected that Tether’s relationship with TRON would have such an impact. In March, TRON announced that it would be the latest blockchain to deploy a Tether stablecoin…

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The Block: Chinese bitcoin miners control 65% of the crypto network’s processing power; Bitmain’s market share continues to decline

Thursday, 12 December 2019 19:10

Bitcoin miners in China now control 65% of the cryptocurrency network’s processing power (hash rate), according to research by digital assets manager CoinShares. The post Chinese bitcoin miners control 65% of the crypto network’s processing power; Bitmain’s market share continues to decline appeared first on The Block.

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