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Flash News

Aug 30, 2021 15:39 PM.

Canadian Bitcoin miner Blockstream joins crypto unicorns with $3.2B valuation

Canada-based Bitcoin (BTC) infrastructure firm Blockstream, co-founded by cryptographer and cypherpunk Adam Back, has hit unicorn status with its latest valuation at $3.2 billion. The company, which focuses on various Bitcoin-related areas — including operating as a mining service provider and developing renewables-based infrastructure intended to “green” the veteran cryptocurrency — h…

Aug 30, 2021 15:39 PM.

Coinbase users angry with customer support after funds disappear from accounts

Coinbase is under fire for terrible customer service following reports of users accounts being hacked and drained of funds. According to an Aug. 24 investigation by CNBC, thousands of customers across the country have lodged complaints against the company. The outlet stated that it had interviewed numerous Coinbase customers who claimed hackers had drained their accounts, with the issue exace…

Aug 30, 2021 15:39 PM.

Mark Cuban-backed Alethea AI closes $16M private token sale

Nonfungible token protocol Alethea AI has closed a $16 million private token sale to build scalable infrastructure for the NFT market, highlighting once again the growing demand for digital collectibles. Billionaire investor Mark Cuban was among the backers of the Alethea AI token sale, which was co-led by Metapurse and Crypto.com Capital. Some of blockchain’s biggest venture funds participated i…

Aug 30, 2021 15:39 PM.

US Kraken exchange targets European license in 2021, says CEO

Major United States-based cryptocurrency exchange Kraken is planning to officially expand into the European market, following in the footsteps of rival exchange Coinbase. Kraken co-founder and CEO Jesse Powell said that his firm is actively working on receiving a European license, targeting several local jurisdictions for a potential regulatory approval already this year. In a Tuesday intervie…