Cryptocurrency Analysis and News Portal
Signature’s sudden failure leaves a key part of the crypto industry’s backend infrastructure in limbo: Signet. It’s a blockchain-based real time payments system that’s supposed to work 24/7. Circle, Coinbase and many crypto trading firms used Signet. But with the death of Signature, Signet, too, has gone kaput. Original Source
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Crypto media outlet CoinDesk is reportedly considering a potential sale as its parent company Digital Currency Group (DCG) looks to strengthen its balance sheet.According to the Wall Street Journal, CoinDesk has sought the help of investment bankers from financial advisory firm Lazard, who are helping the firm weigh options including
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Gold surged 0.9% to $1,626.50/oz., a new seven-year high. Federal Reserve Board members are pouring cold water on expectations of gradual rate cuts this year. Stocks suffer a major setback over coronavirus, overvaluation fears. Gold charted a fresh seven-year high Thursday after the Federal Reserve’s top brass tried to temper the market’s expectation
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