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An executive formerly working on Apple's payments products has joined Banco Santander.Trish Burgess joins the Spain-based multinational as the new global head of Peer-to-Peer Payments and will direct its expansion of digital payments services globally, according to an announcement Thursday.Burgess worked at Apple for 4.5 years, her LinkedIn profile indicates,
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Blockstack unveiled a novel consensus mechanism for piggyback blockchains called Proof of Transfer (PoX) on Feb. 6. Instead of relying on its own proof of work, miners under PoX commit Bitcoin (BTC), which circulates in the ecosystem.The system will be used in Blockstack’s proposed Stacks 2.0 blockchain, which is
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An update from the courtroom shows that Venkata S. Meenavalli, the CEO of the embattled crypto firm Longfin, has finally yielded to paying a disgorgement fine of $400,000.The case filed against the supposed cryptocurrency firm last year by the SEC at the US district court for the southern district of
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This post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Ben Edington advises on Eth2 across ConsenSys. Prior to joining ConsenSys, he was Head of Engineering for Information Systems at Hitachi Europe.My life would
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The creators of Maze Ransomware have added a new wrinkle to the typical hacker's MO. Instead of quietly infecting and requesting ransom from victims, the so-called Maze team is publicly exposing victims by displaying real files exfiltrated from their hacked servers.This tactic could be a disaster for crypto companies that
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Bottle Pay, a cryptocurrency payment service startup, announced on December 13th that it will be ceasing its operations from the 31st of December onwards, in a blog post.The company explains that the reason for deciding to end all activities of the company by stating that since it is a UK-based
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The Bottle Pay service, which allowed users to send Bitcoin (BTC) via social media accounts, announced on Dec. 13 that it would be shutting down due to Anti-Money Laundering (AML) regulations. Funds will remain available for withdrawal until 13:00 GMT on Dec. 31, 2019.New user data collection would negatively impact
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“The amount and type of extra personal information we would be required to collect from our users would alter the current user experience so radically, and so negatively, that we are not willing to force this onto our community,” the company said in a statement, adding the team never charged
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Paul Arnold, Deputy Chief Executive Officer/Executive Officer 03 December 2019 We have launched a campaign to contact all registered companies in the UK reminding them of their legal
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Tel Aviv-based media outlet BLOCKTV announced details of a tokenized rewards system to incentivize sources to share exclusive news tips. This comes after BLOCKTV revealed that its native token, BLTV, would be listed on the Bittrex Global exchange on Nov. 21.BLOCKTV CEO Aviram Elad told CryptoX:“We see the BLTV
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