Bitcoin 

Dallas Mavericks Become Second NBA Team to Accept Bitcoin

The Dallas Mavericks have become the second NBA team to accept Bitcoin (BTC) as a means of payment for match tickets and merchandise. A tweet from cryptocurrency payment processor BitPay confirmed the news on Aug. 13.  Mavs’ billionaire owner is a crypto enthusiast Cryptocurrency adoption has been on the horizon for the Mavs since early last year, when team owner and billionaire tech investor Mark Cuban hinted that fans would soon be able to use Bitcoin to buy tickets to the team’s games. A year and a half later, Cuban’s…

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Blockchain 

Crypto Custodian BitGo Expands Japanese Presence, Builds Team

Digital asset trust and security company BitGo is reportedly expanding into the Japanese market, The Block reported on Aug. 9. A source familiar with the matter told The Block that BitGo is expanding its presence in Japan. According to the report, BitGo is planning to grow its Japan-based team, including hiring a sales director for the company’s sales team in Tokyo. Per a dedicated job post published by BitGo last week, the sales director will specifically be responsible for the company’s “digital wallet and offline vault solutions across your agreed…

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Blockchain 

Crypto Exchange Renews Sponsorship of Premier League Team and Prepares for US Expansion

A crypto exchange has announced that it has renewed its sponsorship of an English Premier League football team for the second season running. CoinDeal says the extension of its deal with Wolverhampton Wanderers gives the company the chance to get its brand in front of football fans around the world. With its logo proudly displayed on the team’s kit, the company estimates that its branding appeared on more than 350 million TV screens from June 2018 to April 2019. The collaboration has also extended to advertising that highlights CoinDeal’s “fast…

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Blockchain 

Bitcoin Private Team Accuses Crypto Exchange HitBTC of Fraud After Delisting

Bitcoin Private (BTCP) developers have accused cryptocurrency exchange HitBTC of acting in a fraudulent manner in regards to their delisting from the exchange following a planned coinburn. The accusations are portrayed in a letter written on Feb. 26 to the exchange by the Petros Law Group on behalf of the BTCP community, developers and contributors, and published by the Bitcoin Private Twitter profile on March 9. According to its authors, the letter — which was published the day BTCP was delisted from HitBTC — alleges that HitBTC attempted to extort…

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Blockchain 

UK Gov’t-Led Jurisdiction Team to Define Status of Crypto Under English Private Law

A British government-led jurisdiction team has launched a public consultation to determine the status of crypto assets under English private law, according to an official statement on May 9. In the document, the United Kingdom Jurisdiction Taskforce (UKJT) stated that the existing legal uncertainty around the crypto industry is a major reason for a lack of confidence by investors. The UKJT, one of the six taskforces of the LawTech Delivery Panel (LTDP), brings together the Judiciary and the Law Commission of England and Wales, as well as tech and legal…

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Blockchain 

Protocol Labs and Ethereum Foundation Team Up to Research Verifiable Delay Functions

Filecoin owner Protocol Labs is collaborating with the Ethereum Foundation to develop a Verifiable Delay Function (VDF). The company announced the partnership in a blog post on April 19. VDFs are a relatively new cryptographic primitive that can protect systems relying on the generation of (pseudo) random values from manipulation strategies or attack. Examples of everyday use cases include picking a lottery winner on the blockchain, as VDFs could help stop miners from intervening with a block hash to win the jackpot. Dan Boneh, one of the researchers who introduced…

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Crypto Exchange Becomes Sponsor of Premier League Football Team and Its Ad Goes Viral

A crypto exchange platform has established a sponsorship deal with an English Premier League football club and is celebrating after its 200,000th user registered with its service. CoinDeal’s partnership with Wolverhampton Wanderers has resulted in its branding featuring prominently on the team’s kit, and a promotional video released at the start of February has gone viral, attracting over 400,000 views on YouTube. The 37-second spot, partially filmed at the Wolves’ ground at Molineux Stadium, their home for 130 years, aims to highlight the fast verification, vast payment methods, attentive support…

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Blockchain 

Kraken Expands Its Team With Five New High Level Hires

United States-based cryptocurrency exchange Kraken is expanding its team with new high level hires, according to the company’s blog post published on March 7. In the post, Kraken announced five new appointments to its team. The new appointments will see Matt Mason as Chief Marketing Officer, Steve Hunt as Vice-President of Engineering, Nelson Minier as Head of OTC Sales and Trading, Bob Zagotta as Head of Business Operations and Strategy, and Mary Beth Buchanan as General Counsel. Prior to joining Kraken, Mason was employed by Sony Pictures as Studio Head…

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Bitcoin 

Ex-Hacking Team Neutrino Members Will Transition Out of Company Roles

Brian Armstrong, co-founder and CEO of major United States crypto exchange and wallet Coinbase, has said that Neutrino staff with prior connections to controversial software firm Hacking Team will transition out of their new roles at Coinbase. Armstrong made his announcement in an official blog post published on March 4. Controversy has surrounded Coinbase’s recent acquisition of blockchain analytics firm Neutrino, due to the backgrounds of key Neutrino staff at the contentious software outfit Hacking Team. The latter firm is alleged to have provided its surveillance tools to global law…

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Ethereum 

Ethereum’s Core Dev Team Is Searching for a New Hard Fork Coordinator

Ethereum’s (ETH) core developers discussed the need for a new hard fork — or network upgrade — coordinator during a core developer meeting on March 1. As Cointelegraph reported in February, Afri Schoeden, release manager at Ethereum infrastructure firm Parity Technologies, has quit all Ethereum projects after a controversial tweet that sparked outrage on social media. His departure led to a conversation among the Ethereum core developers on Friday concerning the search for a new candidate for hard fork coordinator and the definition of the role, which would include some…

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