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Category / Cryptocurrency

Coinbase is getting ready to expand its cryptocurrency offering after a new acquisition

Cryptocurrency exchange Coinbase is looking to circumvent regulatory hurdles and add new coins to its portfolio with the acquisition of Paradex, a service which allows users to trade cryptocurrencies without relying on a trusted third party.  Paradex, which launched in beta in January 2018, is a so-called relayer built on top of the 0x platform....CONTINUE READING
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This bitcoin explainer created by AI is hilariously insane

Look, understanding cryptocurrency can be confusing. We here at Mashable are dedicated to helping our readers understand the complexities of this new form of currency and how it affects our day-to-day lives. But even we are having our collective minds blown by this video, an “explainer” of cryptocurrency created by Botnik Studios that was “written...CONTINUE READING
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Circle Invest makes it ridiculously easy to invest in cryptocurrencies

Ever wanted to invest in cryptocurrencies, but unsure of how and which coins you should choose? Circle Invest, a new product by peer-to-peer payments company Circle, makes it incredibly easy to do so.  SEE ALSO: Rich dudes are running out of insults for Bitcoin Previously available as beta, Circle Invest lets you deposit money directly...CONTINUE READING
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Study claims Bitcoin energy consumption is exploding — leaving us totally rekt

Bitcoin is the way of the future — as long as that future just so happens to include shocking levels of energy consumption increasing at a jaw dropping rate.  So claims a new study published yesterday in Joule which, unfortunately for all the hodlers out there, paints a pretty dire picture. Specifically, one painted in...CONTINUE READING
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This ‘stablecoin’ gives crypto investors a new way to avoid the tax man

TrueUSD, a cryptocurrency whose value is pegged to that of the dollar, has signed a deal with Binance, one of the world’s largest cryptocurrency exchanges in terms of volume.  Starting May 18, TrueUSD (ticker: TUSD) will be listed on Binance, allowing traders to exchange it for Ethereum, Bitcoin, or Binance Coin.  SEE ALSO: Sergey Brin...CONTINUE READING
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For cryptocurrency to go mainstream, it needs tools like these

Cryptocurrency is going legit in a big way. Leading U.S.-based cryptocurrency exchange Coinbase is going after institutional investors with four new major products, all of which cater to the needs of professionals and big institutions, making it easier for them to trade cryptocurrencies such as Bitcoin, Ethereum and Ripple.  SEE ALSO: Facebook is working on...CONTINUE READING
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A Bitcoin mining company organized a fake protest at a major New York blockchain conference

It’s difficult to stand out in the often bonkers world of cryptocurrency. With all the scams, hacks, and animated dancing coins, it can be really hard to break through the noise and into the public’s consciousness with your surely revolutionary tech. That’s where the fake protest comes in.  SEE ALSO: Dispatches from the ‘Coachella of...CONTINUE READING
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Dispatches from the ‘Coachella of Bitcoin’: Lamborghinis, crypto-jewelry, and fake protests

It’s 8:15 a.m. at the Hilton hotel in Midtown Manhattan, and the escalator has a bouncer.  An estimated 8,500 blockchain experts and cryptocurrency evangelists have come from around the globe to be here at the 2018 Consensus conference, and the line to pick up attendee badges shows no sign of moving. A security guard in...CONTINUE READING
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Facebook is working on its own cryptocurrency

Hoping to invest in the next Bitcoin? Keep an eye on Facebook. No, but really. According to a Cheddar report, the company is hard at work on its own cryptocurrency.  SEE ALSO: Facebook: ‘We’re willing to give up profitability’ for election integrity Cheddar, citing sources familiar with the matter, claims that Facebook users could use...CONTINUE READING
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