Oldest Swiss University Awards Honorary Doctorate to Ethereum Co-Founder Vitalik Buterin

The University of Basel has granted an honorary doctorate to Ethereum (ETH) co-founder Vitalik Buterin, according to an official statement on the university’s website today, Nov. 30. The Faculty of Business and Economics of Switzerland’s oldest university has awarded Buterin for “outstanding achievements in fields of cryptocurrencies, smart contracts, and the design of institutions,” as the university noted in a recent tweet on the official Twitter account. The honorary doctorate of the faculty of economics is awarded to Vitalik Buterin by dean Prof. Dr. med. Aleksander Berentsen. Source: Universität Basel…

Mining Pool of China’s Oldest Bitcoin Exchange BTCC to See ‘Indefinite’ Closure

BTCC Pool, the mining operation of Hong Kong-based cryptocurrency exchange BTCC, will close “indefinitely” at the end of this month, a statement from the firm confirmed Nov. 6. BTCC Pool, which began mining activities in 2014, is shutting down due to unknown “business adjustments,” the company wrote, without giving details about the circumstances that led to the decision. Today’s statement reads: “Today, we regret to announce that due to business adjustments, the BTCC pool will shut down all mining servers on November 15 and will cease operations indefinitely from November…

Accenture Works With Thailand’s Oldest Bank to Release Blockchain Supply Chain Tool

Global management consultancy firm Accenture announced it had partnered with a subsidiary of Thailand’s oldest bank on a new blockchain tool aimed at supply chains in a press release Wednesday, Oct. 17. In the latest implementation of the technology for Accenture, the company partnered with Siam Commercial Bank’s fintech subsidiary Digital Ventures Co. Ltd on the blockchain solution, which has already gone live with its first clients. Known as Procure-to-Pay or B2P, it leverages R3’s Corda technology as its basis, the release confirms. Divyesh Vithlani, head of Accenture’s Financial Services…

Oldest UK Crypto Exchange Coinfloor Laying Off Staff

British cryptocurrency exchange Coinfloor is laying off the majority of its staff, news outlet Financial News reported Oct. 8.     Coinfloor is a London-based digital currency trading platform founded in 2013. Coinfloor is reportedly the oldest crypto exchange in the U.K. and is focused on institutional and sophisticated investors. According to CoinMarketCap, Coinfloor’s daily trading volume is around $1 million at press time. Two people familiar with the matter told Financial News that Coinfloor is laying off the greater part of its approximately 40 employees. The exchange’s CEO Obi Nwosu…

Bitstamp: An Overview of the Industry’s Oldest Active Exchange

In this guide, we explore Bitstamp and its journey from humble beginnings seven years ago to becoming one of the most popular cryptocurrency exchanges in the world. We’ll also look at the various features of its platform, chiefly trading and acquiring cryptocurrency. Snapshot Operating since: August 2011 Location: London, Luxembourg, Slovenia, U.S. Fiat pairs supported: USD, EUR Notable cryptocurrencies supported: BTC, ETH, LTC, BCH, XRP Countries served: Worldwide Account verification: Proof of identity and address Funding options: SEPA bank transfer, cryptocurrency, debit/credit card, international bank transfer, AstroPay Withdrawal options: SEPA…