Tag: crypto

You don’t have to be a trader on Coinbase to make a profit, Coinbase Stablecoin to Pay Users 1.25% Interest on USDC Holdings. Starting Wednesday, customers of the San Francisco-based cryptocurrency exchange can earn interest on their holdings of the dollar-pegged stablecoin USDC. The annual percentage yield (APY) is 1.25 percent. “We’re trying to build […]

A senior crypto analyst at Bloomberg Intelligence says he’s feeling bullish on Bitcoin. According to Mike McGlone, BTC has hit its first solid support zone since May, and CME Group’s launch of Bitcoin options early next year should help trigger a new rally in the long run. “The price has dipped into the first good […]

A group of companies that refer to themselves as the “Crypto Rating Council” have announced the launch of a body by the same name today. The companies will post ratings of digital assets online. The notable companies provide financial services related to crypto assets, and the firms are also considered responsible for crypto markets’ trends […]

A Korean crypto exchange, Coinone, has been ordered to pay compensation for losses resulting from a crypto exchange hack of a customer account. While seen as precedent-setting, the ruling from the Seoul Southern District Court on Sept. 27 found Coinone only partly responsible and ordered an award far less than the damages the plaintiff had […]

German bank WEG is paving the way for retailers to begin accepting crypto payments in the year 2020. WEG Helps Institutions Say “Yes” to Crypto Payments WEG Bank is owned by both the blockchain firms Nimiq and Token Pay, as well as by the Litecoin Foundation. In an interview, CEO Matthias von Hauff says that […]

Ripple just unlocked $1 billion XRP worth $256 million from escrow. The movement makes the funds available for the company to sell to crypto exchanges, institutions and other third parties. Ripple owns more than half of all XRP in existence and created the escrow account in May of 2017 to help manage its holdings. The […]

The battle cry of the cryptocurrency industry and Crypto Exchanges has been one of decentralization, or one without any centralized authority. It is this distinguishing feature that sets the blockchain space apart from other sectors and cryptocurrencies like bitcoin from other assets. No central bank, bankers, or government controls it, and unless your Nouriel Roubini […]

Ripple, the company behind the XRP crypto asset, has reportedly just moved around $15.3 million worth of the digital currency to XRP Trading wallet associated with over-the-counter sales. The news could be a sign that the firm is planning to dump yet more of its XRP tokens on the market. Ripple is by far the […]

German police have raided and shut down Cyberbunker 2.0, a decommissioned NATO bunker that housed dark web market servers and child porn. The bunker, hidden in the Mosel River town of Traben-Trarbach, held multiple stories of servers as well as “$41 million worth of funds allegedly tied to these markets,” according to security researcher Brian […]

Governments in European countries made moves last week to support the spread of all-things blockchain. The Sicilian Regional Assembly (SRA) approved a bill last week to establish a food traceability blockchain network, and the Ukrainian government made plans to legalize cryptocurrency. Geen Light to Crypto in Europe? Sicily is famed for produce including olives, tomatoes, […]

Billionaire Mark Cuban is putting his thoughts about Bitcoin, crypto and blockchain technology on the record. In a new video for Wired, Cuban responds to a question on Twitter asking why he doesn’t support crypto assets. Cuban says he doesn’t see any real-world use case for cryptocurrencies, and equates people who own Bitcoin to comic […]

Crypto world is dangling between the crypto regulations from one country to another. The rise in electricity consumption for crypto mining is serving as another barricade. To cooperate or to evict the immense power usage, the authorities around the world have taken the road that can wreck cryptocurrencies. Will the crypto industry soon vanish into […]

Telegram Gram Crypto fifth-generation blockchain cryptocurrency Gram is launched by October 31, 2019. Gram will run on Telegram Open Network (TON). TON Labs is one of the main independent developers of TON. CEO Alexander Filatov and CTO Mitja Goroshevsky, TON Labs, claims it is “more decentralized than Bitcoin,” and has “largest pool of users in […]

Following the roll-out of mobile internet across the country in 2018, many ordinary Cubans are increasingly using cryptocurrencies to bypass economic sanctions imposed by the United States and access the global marketplace including Crypto in Cuba. Despite growing adoption, cryptocurrency still faces a number of challenges in Cuba, including limited access to crypto exchanges, lack […]

Asian institutional investors, mostly high-net-worth individuals and family offices unfamiliar with digital assets, are increasingly showing interest in allocating a small portion of their portfolios to crypto hedge funds. Unlike in the past, some have actually taken the plunge and made such allocations, while more are likely to follow, industry experts say. The rub is […]

China fintech stocks are starting to soar ahead of the expected launch if its CBDC. This is driven by the possibility that the digital currency will provide a need for security and payment services. While Facebook is trying to do everything it possibly can to ensure proper regulatory approval before the Libra is launched next […]

Dutch bank ING’s chief economist has said “fully fledged” digital currency will developed by central banks in just two to three years. Mark Cliffemight, speaking in an ING video published Friday, argued that the Facebook-led Libra cryptocurrency project is putting pressure on monetary authorities. With Libra slated for launch in 2020, central banks “would have” […]

A South Korean court ruled on Sept. 25 that the CoinOne cryptocurrency exchange must reimburse Stolen Cryptocurrency worth 25 million won ($20,800) to an investor after he was hacked. The attacker used the investor’s personal login and password to steal 45 million won, while a daily withdrawal limit of 20 million won was supposed to […]