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Archive for January 2019

Crypto Exchange QuadrigaCX Files for Creditor Protection – CoinDesk

Crypto Exchange QuadrigaCX Files for Creditor Protection - CoinDesk

Canadian crypto exchange QuadrigaCX is filing for protection from creditors, a step taken to avoid bankruptcy. In a statement posted to its website nearly a week after the portal became inaccessible, the exchange announced that it had filed “an application for creditor protection in accordance with the Companies’ Creditors Arrangement Act,” as part of a…

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CEO of Telecoms Giant Swisscom’s Blockchain Unit Steps Down

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The CEO of the blockchain advisory unit of Swiss state-owned telecommunications company Swisscom has unexpectedly left the firm, according to a press release on Swisscom’s website, Jan. 30. As major local news outlet Swissinfo reported the same day, news of Daniel Haudenschild’s reportedly sudden departure from Swisscom Blockchain came just a day before the executive…

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January Markets Report: MKR, TRX, and ZEC Among Top Ten by Volume

January Markets Report: MKR, TRX, and ZEC Among Top Ten by Volume

Markets and Prices The first month of 2019 has seen a slight decline in 30-day trading volume across many leading markets. Bucking the trend, however, were ETH, LTC, MKR, TRX, and ZEC, all of which saw a significant spike in trade activity. Stablecoins have continued to see an increase in trade activity, with ckusd and…

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Prime Trust Undercuts Rivals in Crypto Custody Race – CoinDesk

Prime Trust Undercuts Rivals in Crypto Custody Race - CoinDesk

Prime Trust won’t charge its clients to custody digital assets any longer. The Nevada trust company announced Thursday that, effective immediately, it had lowered its fee for storing cryptocurrencies and tokens to $0, in line with what it charges to custody stocks and bonds. Prime Trust began to custody crypto assets last year, when it offered cold storage services…

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Bitcoin Hovers Under $3,450 as All Top Cryptos See Moderate Losses

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Thursday, Jan. 31 — all of the top 20 cryptocurrencies are reporting moderate to heavy losses on the day by press time. Bitcoin (BTC) is hovering under $3,450 again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down just 1 percent on the day, trading at around $3,449, according to…

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NYDFS Grants BitLicense to Third Bitcoin ATM Operator – CoinDesk

NYDFS Grants BitLicense to Third Bitcoin ATM Operator - CoinDesk

Another bitcoin ATM operator has received one of New York’s coveted BitLicenses. Cottonwood Vending LLC was granted one of the virtual currency licenses Thursday, the New York Department of Financial Services announced on Twitter, joining a select group of fewer than 20 crypto companies to receive regulatory approval to operate within the Empire State. The…

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Nasdaq Reveals 7 Crypto Exchanges Are Using Its Market Monitoring Tech

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The world’s second-largest stock exchange Nasdaq has revealed that seven crypto exchanges are already using its market monitoring technology, Forbes reported Jan. 30. Just two of these seven collaborations have to date been publicized — the Winklevoss twins’ Gemini exchange, and Vctrade, run by Japanese financial services giant SBI Holdings. The stock market giant shared…

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Amazon Stores: and the Last Quarter

Amazon Stores: and the Last Quarter

5 min read  Release: 31st January 2019, After Market Closes Forecast: 5.64  Previous: 3.27 That time has come again for Amazon to release their earnings and the media is rife with speculation about how well they have performed. Overall the consensus on the forecast is 5.64, with their previous being 3.27. Despite that being a…

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