Dumped! HSBC Cuts Ties With Bitfinex

HSBC has dumped Bitfinex unceremoniously after learning the company it thought it had established a banking relationship with, Global Trading Solutions, was affiliated with Bitfinex and doing its banking on the controversial exchange’s behalf. Explaining the Fiat Deposit Problems In anticipation of the potential collapse of Puerto Rico-based Noble Bank International, Bitfinex took its banking…

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EOS Launch Delayed Pending Audit Results

A closed door online meeting of block producers has delayed the launch of EOS following the recent disclosure of a number of protocol bugs. After 48 hours of testing, the EOS blockchain was meant to open today for a token holders’ vote in an election of 21 supernodes (block producers), but apparently there were demands…

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Luckchemy’s Smart Contracts Audit Establishes Platform’s Enhanced Fairness & Accountability

The Luckchemy platform, a blockchain based iGaming platform, recently conducted its smart contracts audit and the resulting findings have been highly encouraging for the investors. Since Luckchemy is a platform designed to serve as a complete ecosystem for players, operators and product developers, the team is always eager for its betterment. In this regard, the…

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Circle Raises $110Mn With Plans to Launch USD-Backed Coin

The cryptocurrency based firm Circle announced it has raised $110Mn USD in a Series E fundraising round led by the Chinese firm Bitmain Technologies. Circle now joins Coinbase as one of the most well-funded cryptocurrency companies in the U.S., and the Boston-based firm has announced plans to issue a dollar-backed cryptocurrency called USD-C. Circle Raises…

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