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Posts Tagged ‘News’

Ripple’s Head of Information Security Leaves for Token Startup

Ripple’s head of information security is leaving the company. Revealed exclusively to CoinDesk, Sujay Jaladi is departing the San Francisco-based firm, which is best known for its role in developing XRP, the third-largest cryptocurrency by market capitalization. Jaladi is joining Harbor, a startup that provides a compliance platform for issuers of private securities housed as…

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Crypto Exchange Coinbase Open-Sources Its Security Scaling Tool

U.S.-based cryptocurrency exchange Coinbase is making a recently developed automated security scaling tool available to the public. Called Salus, after the Roman the goddess of safety and well-being, the program can automatically choose to run and configure different security scanners and issue a report on the results, according to a Thursday blog post from Coinbase developer Julian…

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Gates Foundation Partners With Former Ripple CTO’s Blockchain Project

The Bill and Melinda Gates Foundation has partnered with blockchain startup Coil as part of its mission to provide payment services for the unbanked. The news comes via a tweet from Miller Abel, the foundation’s deputy director and principal technologist, on Oct. 17. Abel indicated that the organization and Coil will work together to implement…

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Goldman Sachs and Mike Novogratz Invest in Cryptocurrency Startup BitGo

BitGo, a company which provides institutional-grade investors with compliance, security, and custodial solutions for cryptocurrencies has closed its Series B funding round bringing in $58.5 million. Goldman Sachs and Novogratz’ Galaxy Digital Ventures LLC contributed with $15 million of said amount. Investing in a $1 Trillion Cryptocurrency Wallet In an official release from today, BitGo…

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Only 40% Are Passing Malta’s Cryptocurrency Certification Exam

Malta has signaled teething problems in its quest to become a “Blockchain Island” after it emerged less than 40 percent of professionals passed the government’s cryptocurrency certification exam. ‘Not Sufficiently Prepared’ As local news outlet Times of Malta reports October 18, regulator the Malta Financial Services Authority (MFSA) had to fail more than 6 out…

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Bitcoin Price Eyes Triangle Breakout Above $6.4K

Bitcoin (BTC) is again trading in a narrowing price range above $6,400, but the lateral trading may soon give way to a rally, according to technical studies. The price consolidation comes after Monday’s big spike to three-week highs above $6,800, which weakened the bearish case put forward by last Thursday’s violation of key support. So…

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Russia Central Bank Head: Cryptocurrency Craze Is ‘Fortunately Fading Away’

The head of Russia’s central bank has announced the “cryptocurrency craze” is “starting to fade away” – and that this is a “fortunate” event. Nabiullina: Businesses Taking ‘Sober Approach’ To Blockchain Speaking during the country’s fourth FINOPOLIS innovative financial technology forum in Sochi October 17, Bank of Russia’s Elvira Nabiullina signaled a change in the…

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Rwanda Starts Tracking Conflict Metal Tantalum With Blockchain

Rwanda has turned to blockchain to track the supply chain of tantalum, a metal used in consumer electronics, in a bid to address concerns over conflict minerals in global markets. Rwandan cabinet minister Francis Gatare, who is also CEO of the country’s Mining, Petroleum and Gas Board, announced the blockchain initiative at a meeting of…

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Japanese Government Working to Simplify Cryptocurrency Tax Filings

Japan’s Tax Commission is looking for ways to simplify the current tax filing system for cryptocurrencies in order to ensure investors accurately report their gains. The commission, which guides policy on taxation and also advises the prime minister, held a general assembly meeting on Oct. 17 to discuss potential improvements to the process, according to regional…

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