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June 20, 2018
South Korea’s biggest cryptocurrency exchange Bithumb, which has been the most trusted digital asset trading platform within the country alongside UPbit, Coinone, and Korbit over the past few years, has been hacked for the third time in 12 months. Hackers Can Hack Any Cryptocurrency Exchange On June 20, Bithumb experienced a $30 million hacking attack,...
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Controversial cryptocurrency startup Tether has released a “transparency update” indicating that its dollar-pegged USDT token, which had a $2.55 billion market cap as of June 1, is fully backed by physical dollars deposited in two separate banks. Released on Wednesday, the report was a product of Freeh, Sporkin & Sullivan LLP (FSS), a legal firm founded by...
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Prometheum Partners With Manorhaven Capital Prometheum aims to issue, trade, clear and settle various security tokens on its platform. Now, according to MarketWatch.com, Prometheum has partnered with the capital firm Manorhaven, a broker dealer who will assist in the execution of Prometheum’s goal of being the first “legal” ICO trading platform. There are very few, if...
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“The reckoning will come in two waves.” There’s a big shakeup happening in the ICO market, and it should be keeping investors up at night,” says CBOE President and COO Chris Concannon. Concannon, also CEO of BATS Global Markets, told Business Insider that the market for ICOs is about to undergo major regulatory changes leading to the...
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Brave, the web browser from Javascript creator and Mozilla co-founder Brendan Eich, is taking an important step toward its goal of using blockchain technology to address what many people believe to be one of the chief problems of the internet: advertising. In a statement published Tuesday, Brave announced that it will begin an early access program that rewards users...
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Trust Token Raises $20 Million From Horowitz and Paul As reported by Coindesk, there is a new asset tokenization platform called “Trust Token” that has raised $20 million from Andreesen Horowitz (a16z) and Ari Paul (Blocktower). Trust Token plans to release tokens that are backed by physical assets, such as real estate or commodities. Their first release...
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