Chinese Blockchain Startup Hires VC Exec to Lead North American Expansion

Blockchain startup Conflux has hired Eden Dhaliwal, the former head of crypto at Outlier Ventures, as a managing director to lead its expansion in North America.  The Beijing-based firm is set to open an office in Toronto within two weeks. It is assembling a ten-person team to conduct research and seek local investors and business […]

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Mastercard and Ripple’s Xpring Join Industry Group to Promote Blockchain Education

Mastercard has joined a working group that supports blockchain education and research in universities around the world. Blockchain accelerator MouseBelt announced Tuesday it has welcomed 11 founding members into its Blockchain Education Alliance. In addition to the card network, the new members include the innovation arms of payments startup Ripple and crypto exchange Binance; and […]

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Plasma Became Optimism and It Might Just Save Ethereum

The ethereum network is still looking to boost transaction capacity and the startup Optimism wants to lead the charge.  Since the network’s throughput is limited to roughly 15 transactions per second, ethereum can’t become a widespread platform for automating functions, like supply chain management and loans, unless it scales. So Optimism aims to use a […]

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Prime Trust to Arrange Banking for Customers of BlockQuake Crypto Exchange

BlockQuake, a New York digital asset exchange launched in beta, has partnered with Nevada-based trust company Prime Trust, the firm announced Wednesday. Prime Trust began offering custody services for the crypto industry in late 2018, serving crypto firms like Binance, OKCoin and Bittrex to name a few. Prime Trust will perform know-your-customer (KYC) and anti-money-laundering […]

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CoinFlip Lists Stellar’s XLM on its 450 Crypto ATMs

Cryptocurrency ATM startup CoinFlip now allows customers to purchase Stellar Lumens (XLM) from its network of machines, according to co-founder and CEO Daniel Polotsky. The listing increases XLM’s availability in brick-and-mortar stores, Polotsky said. CoinFlip operates about 450 ATMs in gas stations and convenience stores across the United States, allowing customers to buy a variety […]

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Why Lightning Payments Aren’t Clicking for Porn Companies (Just Yet)

Bitcoin may finally achieve broader traction through the adult entertainment industry in 2020, but the chips aren’t stacked in its favor. So far, typical sex industry businesses like London’s 23 Paul Street strip club, said last June the venue stopped accepting bitcoin because customers simply weren’t paying with it. But the lightning network, a layer […]

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Ripple’s Brad Garlinghouse Hints Firm May Seek IPO Within 12 Months

DAVOS, Switzerland – Ripple CEO Brad Garlinghouse said an initial public offering (IPO) is seen as the “natural evolution for the company,” perhaps even this year. “I think over the next 12 months you’re definitely going to see IPOs in the crypto, blockchain space. I’m not sure we want to be first but we certainly don’t […]

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Pornhub Now Lets Models Get Paid With the Tether Stablecoin

Pornhub has added new performer payment options including the tether (USDT) stablecoin, two months after being apparently dropped by PayPal. The adult video giant announced on Thursday that it now allows its models to be paid in USDT and is recommending the TRONlink wallet. TRON became a partner of the site in June 2018, when […]

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In First ‘Pure Crypto’ Hire, Silvergate Bank Recruits Blockstream Liquid Network Exec

Crypto-friendly Silvergate Bank has made its first hire from the hardcore bitcoin community to support an ambitious roadmap for its business serving digital currency clients.  Benjamin Richman, formerly director of business development and partnerships at bitcoin tech startup Blockstream, joined the La Jolla, Calif.-based bank at the end of last month as director of digital […]

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Kraken Acquires One of Australia’s Longest-Running Crypto Exchanges

U.S.-based Kraken announced its plans for expansion into the Asia-Pacific (APAC) region on Tuesday after acquiring one of Australia’s longest-running cryptocurrency exchanges, Bit Trade. Kraken is aiming to position itself as the premier cryptocurrency service within the region, identifying Australia as a key growth area for retail and institutional clients. The financial terms of the […]

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