Former Huobi and NYSE Executive is Launching a New Crypto Exchange

The former CTO of Singapore based Huobi is about to launch his own crypto trading platform before the end of the year. BHEX to Offer Crypto, Fiat and OTC Trading According to Businesswire BHEX raised $15 million in its equity from top-tier institutions including Huobi and OKEx. It is scheduled to launch at the end…

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Former Trump Adviser, Gary Cohn, just made his Next Career Move to a Blockchain Startup

Cohn, who left the Trump administration in March, said he has always had interest in the blockchain. This prompted him to link up with Fintech blockchain start-up, as was disclosed by the company in a press release on Friday. Spring Labs, a  venture capital supported start-up, which has offices in Los Angeles and Chicago, is…

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XRP is a currency, not a security; former SEC member reveals the reason

Michael Didiuk, a former employee of the US Securities and Exchange Commission [SEC] spoke about XRP, stating that the cryptocurrency is not a security but rather a currency. He also gave an appropriate justification for his statement. Didiuk mentioned the Howey test laid out by the Supreme Court in 1946 determines whether an asset is…

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Former Visa CEO’s Startup Runs the Fastest Crypto Transactions in the World

Blockchain-based fintech startup Crypterium challenges classic banks by introducing a new feature that allows its users to transfer any amount of cryptocurrency using not the complicated wallet addresses, but simply the recipient phone number. Those transfers happen simultaneously, and the company claims it can process up to a million transactions per second, solving blockchain’s scalability…

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Former Beverage Company Turned Bitcoin Miner Eyes Customer Loyalty Market

Cryptocurrency–The tale of Long Blockchain Corp. continues to grow in and outside of the crypto space. Originally branded as Long Island Iced Tea, the former beverage company made an abrupt turn in early January when it was announced that the company would be pursuing Bitcoin mining operations. Preceding the shift in focus to crypto mining,…

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Former GoDaddy VPs Developing a Mobile-Focused Blockchain Payments System

AdChoices Touting itself as a social payment platform, Celo targets the emerging markets in which financial products are not especially widespread. This is why the platform will first be rolled out on Android phones, which are more popular in emerging markets, Olszewski said in a statement. Celo will also give its users the opportunity to earn cryptos…

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Issuing a National Cryptocurrency is the Way to Go for the U.S – Says Former FDIC Chair

At a time when many icons in the traditional finance system such as Warren Buffet, Bill Gates, and others are busy badmouthing bitcoin, and other blockchain-based cryptocurrencies, the past chair of the United States Federal Deposit and Insurance Corporation (FDIC), Sheila Bair has an entirely different opinion regarding cryptos. As contained in her write up…

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Is Codius, By Former Ripple 'Star' Stefan Thomas, The True Ethereum (ETH) Killer?

In an earlier article, Ethereum World News had stated that Ripple (XRP) had revived the Codius project simply because it was the same guys working on the project. However, Stefan Thomas, the former Chief Technology Officer at Ripple, now runs Coil and is the man behind the revival of the Codius Smart Contract project and…

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Former PayPal CEO Leads the Messenger’s Blockchain Division

Facebook is in full change of its operational management. The decision comes close to the assumptions made by WhatsApp, Messenger, and Facebook App. The platform has announced the introduction of a “blockchain division” in order to personally test the new tools and then integrate them into the company’s portfolio. The news received opinions as soon…

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Facebook Creates Blockchain Division Team Led by Former CEO of PayPal

Facebook has decided to make its biggest executive shuffle in the company’s history. The changes are related to the appointment of new leaders for WhatsApp, Messenger and the Facebook app. At the same time, the company has decided to include a new blockchain division which could be in charge of investigating possible applications of the…

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Former Fed Governor Believes FedCoin Could Rival Bitcoin

Central banks all over the world are – for the most part – convinced that issuing their own versions of Bitcoin serves no real purpose as of right now. The Federal Reserve, on the other hand, may have different ideas. One of its former officials is still convinced that the concept of FedCoin holds a lot…

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Former Nintendo, Microsoft And Electronic Arts Developers Team Up To Create Blockchain Focused Games

A number of individuals with over a century of combined experience in the gaming industry which worked at important developers such as Nintendo, Microsoft, and Electronic Arts have gathered to form 8 Circuit Studios, a video game publisher focused on using blockchain technology. 8 Circuit Studios aims to create a new ecosystem for gaming that…

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Chris Miess – Former CFO of TenX Joins Education Ecosystem as Consultant

The Education Ecosystem has acquired another expert of the blockchain and cryptocurrency space as a consultant. Chris Miess, former CFO of TenX  has joined the ecosystem and will provide financial counsel to the Education Ecosystem (LiveEdu) team. He will also help them to get their Education token (LEDU) listed on Tier 1 cryptocurrency exchanges. Disclosure:…

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Former Journalist Recounts Losing $7 Million Trading Crypto

Former journalist, Derek Rose, recently recounted his story of losing over $7 million USD in the cryptocurrency markets. Mr. Rose had invested his life savings into cryptocurrency, using leverage trading to grow his account by 3,500% in a matter of months, before his trading account was liquidated. Also Read: Peter Thiel Is Long on Bitcoin, a…

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