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A major bitcoin update in recent times is that PayPal has announced to receive the approval of Bitlicense by NYDFS. Now, the payments giant has launched a new service that will allow users to buy and sell cryptocurrencies through PayPal’s digital wallet.  US Government agencies have proposed changes in…
BlockFi is a startup established in 2017, which offers crypto lending to bitcoin holders. The company also provides crypto-funded interest accounts. BlockFi launched its first product in January 2018, after raising $1.5 million seed funding from Kenetic Capital and ConsenSys Ventures, and SoFi.  The company launched its second product in…
Cryptocurrencies arrived at the global investment scene in 2009 and got real momentum from 2013. During the next five years, more than 1500 various cryptocurrencies were launched.  In 2017, the cryptocurrency market saw a massive growth of 4000%, which provided lucrative options for both mass retail investors and VC…
US-based popular cryptocurrency firm “Kraken” is all set to open the world’s first digital Special Purpose Depository Institution with the proposed named “Kraken Financials” after getting the approval from the Wyoming Banking Board. Kraken has been consistent in maintaining its name in the list of Top 20 Cryptocurrency exchanges…
Despite Bitcoin’s price hovering above the $10k mark, the hash rate continues to spike higher, reaching a new all-time high. Hash rate is a designation used to qualify the speed at which a computer is able to proficiently process crypto transactions or hashing computations in general . When the…
Timestamp Magazine