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“# Ledger wants to help MicroStrategy secure its $400m Bitcoin treasury ” Ledger is mostly known for its consumer-facing hardware wallets, but since last year, a number of enterprises have also begun to use Ledger Vault, according to the company’s vice president of product, Jean-Michel Pailhon. This product is focused on providing custody solutions to enterprise…
“# The first-ever mining hardware marketplace just launched ” Asic Jungle has launched a beta version of what it calls “the first-ever mining hardware marketplace” for cryptocurrency mining hardware. The company’s CEO Artem Bespaloff told Cointelegraph that he has created a trusted platform for second-hand mining equipment that operates without any middlemen: “[It’s] the first…
“# Gemini exchange partners with licensed crypto payments processor in UK ” The Winklewoss twins’ crypto exchange Gemini is continuing to consolidate its regulated services for clients in the United Kingdom. On Oct. 12, Gemini announced a partnership with BCB Group — a European crypto-focused payment processor that already works with major platforms such as…
“# Payments firm Rocketfuel Blockchain sues co-founder over expired patents ” Blockchain payments company Rocketfuel Blockchain is suing its co-founder for allegedly misrepresenting patent applications and defrauding the firm. In a complaint filed with the Central District Court of California, Rocketfuel claimed its co-founder and former treasurer Joseph Page hid the fact that patents he…
“# Crypto banks are going to swallow fiat banks in 3 years — or even less ” Within a few years, a younger generation of financial services customers are going to be able to walk into a bank and gain access to credit products, savings accounts and investments that can host both crypto and fiat…
“# Ledger wallet company passes official security audit ” Ledger, a crypto company providing a number of hardware wallet solutions, has obtained a successful System and Organization Controls, or SOC, Type 1 test. Friedman LLP, a New York-based accounting firm, ran the SOC 2 Type 1 test on Ledger, according to a statement provided to…
“# BitMEX founder and ex-CTO out on $5M bail bond until court appearance ” BitMEX’s co-founder and former chief technical officer, Samuel Reed, has signed a $5 million unsecured appearance bond for his release from custody pending court proceedings. Reed had been arrested by the United States Department of Justice in Massachusetts on Oct. 1…
“# Legal firms sling mud in $8.3M Tezos settlement fees battle ” Negotiations between six legal firms over $8.3 million in attorney’s fees awarded from Tezos’ $25 million class-action settlement has descended into “unseemly mudslinging,” according to lawyers representing Block & Leviton LLP (B&L) and Hagens Berman Sobol Shapiro LLP. The $25 cash million settlement…
“# Binance overtakes Huobi, OKEx as biggest derivatives exchange ” Binance has overtaken Huobi and OKEx to become the largest crypto derivatives exchange by volume in the September figures with $164.8 billion across the month, according to the latest report published by U.K.-based data firm CryptoCompare, CryptoCompare looked at the trading volume of the top-tier…
“# Coinbase hemorrhages employees following controversial culture stance ” After adjustments to company policies, popular U.S.-based crypto exchange Coinbase has seen backlash from employees who disagreed with the changes. Coinbase received national attention for a recent change to its policies, which required employees to avoid political and social distractions, and instead focus on its core…