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Gemini

Gemini Hires 5 Former Coinbase Engineers for New Chicago Crypto Office

Crypto exchange Gemini is launching a new Chicago office as part of a fresh push into the still-small institutional crypto market. The exchange announced Thursday that it was hiring five new employees as part of this effort, with an individual familiar with the situation telling CoinDesk that the team were hired from a group of …

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Facebook in Talks With Coinbase, Winklevoss’ Gemini to Launch Its Globalcoin: FT Report

Social media giant Facebook has reportedly held talks with major United States-based crypto exchanges about the issuance of its own crypto, the Financial Times (FT) reports on May 24. Citing two people familiar with Facebook’s “Globalcoin” project, the FT wrote that Facebook has discussed the initiative with major crypto exchange and wallet Coinbase. The article …

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BlockFi Crypto Management Firm Adjusts Interest Rates

Cryptocurrency asset management company BlockFi announced a change to its interest rates in a monthly update on May 21. Accounts with bitcoin (BTC) balances over 25 BTC will receive a .15% increase in interest rate, and those with ether (ETH) balances between 25 and 75 ETH will decrease from 6.2% to 3.25%. According to BlockFi, …

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Whole Foods and Major Retailers Now Accept Cryptocurrency via the Spedn App

<header class=”article__header”> </header> <strong>On May 13, cryptocurrency enthusiasts were pleased to hear that major retailers including Whole Foods, Lowes, Petco, Regal Cinemas, and Gamestop will accept payments in crypto. The payments will be processed by Flexa using its custodial wallet called ‘Spedn’ which gives people the ability to spend with bitcoin core, ethereum, bitcoin cash, …

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Crypto Analytics Firm Messari Introduces New Exchange Index Following Fake Volume Reports

Cryptocurrency analytics firm Messari has added a new index for 10 cryptocurrency exchanges, the company announced in a blog post on March 26. Messari launched a new product dubbed “Real 10 Volumes” on its OnChainFX dashboard to limit its default volume calculations to the chosen exchanges. The “Real 10” trading platforms include Binance, Bitfinex, Bitflyer, …

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Report: 87% of Crypto Exchanges May Be Falsifying Volume

</header> <strong>At least 87 percent of cryptocurrency exchanges may have falsified their reported trade volumes, a new study claims. According to a review of the top 100 exchanges by analytics company The Tie, most of the trading volume on the world’s largest crypto trading platforms is suspect.</strong> Also read: Quadrigacx Co-Founder a Convicted Fraudster Suspicious …

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Winklevoss Capital Partner Sterling Witzke: Dollar Is Not Designed for the Internet, but Stablecoins Are

Sterling Witzke has been working at Winklevoss Capital — a venture capital firm set up by the famous Winklevoss twins — for five years now. As a professional investor, she is very interested in financing early stage crypto and blockchain projects. She believes that stablecoins are perfectly designed for the needs of internet payments and …

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Forbes “Fintech 50” List, Reviewed: New Players, Veterans and Startups Which Didn’t Make the Cut

Recently, Forbes published the fresh edition of its “Fintech 50” list, counting the world’s top financial technology firms. Notably, there are just six crypto and blockchain companies featured this year, while the 2018 list contained 11 players from the field. Given that the notorious crypto boom of 2017 has been followed by the relentless bear …

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