Binance, one of the world's most prominent cryptocurrency exchanges has been hacked. Media reports announced that hackers have stoled $40 million from the exchange. The stolen amount is equal to 7,000 Bitcoins. Not only did the hackers steal the staggering amount of the "people's currency", but they also stole API tokens and two-factor authentication codes.…
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Facebook is surely at the forefront of cryptocurrencies and blockchain, it appears. After the company began a hiring spree back in 2018, the idea of creating a FaceCoin or a specific blockchain network was on. Here is what Leaprate reported back then: According to CCN, Facebook is probably exploring options for providing blockchain-based payment methods…
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It seems that ever since Elon Musk announced that his favourite crypto is DogeCoin, people have gone on to great lengths to somehow connect the "dots" between Musk and any relatable cryptocurrency that might be of interest to him. Just last month, Leaprate reported that the founder of Dogecoin, Jackson Palmer, said he is ready…
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The "free" stock trading app, Robinhood, has applied for a traditional banking products charter just ahead of its IPO. While the idea of trading with "zero commission" made the company popular, it was the introduction of cryptocurrencies on the Robinhood app that really helped the company skyrocket, both in terms of its valuation and popularity…
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Amazon was long rumoured to be launching some type of blockchain or crypto-related product. There were even rumours that Amazon was going to launch its very own coin. While many of these were outright wrong, or wrong for now, Amazon did open up to the technology of blockchain. In particular, Amazon Web Services (AWS) announced…
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Cryptocurrencies have been used in almost every shape and form for almost every purpose one can think of - from rewarding loyal clients in Starbucks to tracking how diamonds are mined in Africa. Now, the newest interesting project comes from the largest UK car manufacturer, Jaguar Land Rover. On April 29th, the company announced that…
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Nike (NYSE:NKE), probably the world's best known sports footwear and apparel company, has filed trademark for "Cryptokicks" and has sparked the interest of the general public whether or not the sports giant is thinking of going into the crypto space. According to press, it was on April 19th that Nike filed a trademark for the word…
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The Commodity Futures Trading Commission (CFTC) and the US Securities and Exchange Commission (SEC) have recently issued a warning for investors against fraudulent websites purporting to manage trading and businesses advisory. Essentially, the warning is targeted at cryptocurrency investors who need to be extremely cautious when investing in any cryptocurrency or crypto-related business. The warning was issued on…
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Blockchain is literally used in every industry and sector now. If a company knows how to add value through blockchain, then it surely do so given the advantages that the technology offers. The latest of the corporate giants to be eyeing blockchain is the cigarette and tobacco manufacturing company Philip Morris. As reported by press,…
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The largest US cryptocurrency exchange, Coinbase, is closing its Chicago office and scales down the development of its matching engine. The news comes from Fortune Magazine. The Chicago office of Coinbase was actually opened in 2018, as the company considered this to be a great move to tap into the city's great financial positioning, as…
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