Return to $11,500 range was expected and gives an opportunity to buy up more coins, says one trader. Bitcoin (BTC) price was hovering closer to $11,500 on Aug. 7 as analysts brushed off concerns of a fresh downward move. Market visualization. Source: Coin360 Bitcoin price experiences another healthy correction Data from Coin360 showed BTC/USD trading […]
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Negligence over the botched 2017 launch presents a way forward, Vince Chhabria says, but fraud allegations are lacking. Cryptocurrency exchange Coinbase did not act fraudulently during its botched launch of Bitcoin Cash (BCH), a United States judge has ruled. Coinbase accused of insider trading BCH listing In a court order issued on Aug. 6, U.S. […]
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Chinese police are reportedly taking legal action against decentralized cryptocurrency exchange EtherDelta in connection with an apparent exit scam. Chinese police are reportedly taking legal action against non-custodial token trading platform EtherDelta in connection with an apparent exit scam. The news was reported on Aug. 7 in a series of tweets published by Dovey Wan, […]
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An alleged hack of personal information from exchange users should not be taken seriously, says Changpeng Zhao. The CEO of cryptocurrency exchange Binance has refuted claims hackers gained access to confidential user information such as personal ID. CZ: “Don’t fall into the ‘KYC leak’ FUD” In a tweet Aug. 7, Changpeng Zhao described rumors circulating […]
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Australian winemaker Penfolds has partnered with VeChain to make a case of special wine bottles with blockchain authentication. Public enterprise blockchain platform VeChain has partnered with Autralian winemaker Penfolds to release a case of blockchain-encrypted wine bottles for sale, as part of its Wine Traceability Platform (WTP) initiative. More specifically, the launch of Penfolds Bin […]
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Blockchain gaming startup Animoca and blockchain network Harmony are aiming offer crypto collectibles on a much larger scale with a new acquisition. Blockchain gaming startup Animoca has partnered with the blockchain network Harmony to jointly acquire the digital collectible startup Quidd, with the intent of using its services to build a new ecosystem for crypto […]
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FTX has secured $8 million in its seed round, with blockchain-focused venture capital fund Proof of Capital and blockchain firm Consensus Lab among major investors. Cryptocurrency derivatives exchange FTX has secured $8 million in its seed round. Major investors include blockchain-focused venture capital fund Proof of Capital and blockchain firm Consensus Lab, among others. In […]
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LedgerX was reported to launch the first physically settled Bitcoin futures contracts in the U.S., but report was later debunked by LedgerX… Earlier this week, United States-regulated crypto derivatives and clearing platform LedgerX was reported to launch the first physically settled Bitcoin futures contracts in the country, therefore stealing a march on Bakkt and ErisX. […]
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Mike Novogratz’s Galaxy Digital hired a former exec at crypto trading giant Cumberland as head of global sales. Mike Novogratz’s crypto investment bank Galaxy Digital hired a former exec at crypto trading giant Cumberland as head of global sales. According to an internal notice to Galaxy Digital’s counterparties, Wall Street veteran David Gross joined the […]
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South Korean tech giant Samsung has expanded its blockchain and decentralized application Software Development Kit with two new services. South Korean tech giant Samsung has expanded its blockchain and decentralized application (DApp) Software Development Kit with two new services. Galaxy of multi-service blockchain apps Per the press release shared with Cointelegraph on Aug. 6, Samsung […]
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