Bitcoin Capital allocates 83% to BTC, but only 1% to ETH Investment firm Bitcoin Capital hopes that its exchange-traded product will foster mass crypto adoption. The firm’s Bitcoin Capital Active Exchange Traded Product, or BTCA, is traded on the Swiss Stock Exchange. It can discretionarily allocate funds to fifteen different cryptocurrencies and fiat. Daniel Diemers, one of […]
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The traditional banking sector is lagging behind in the race with crypto. Mexico’s Financial Intelligence Unit recently published the results of its second National Risk Assessment. The report highlighted that the risk of money laundering in the banking sector far surpasses the issues encountered by fintech companies. According to El Economista, the so-called “G7 banking” […]
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He doesn’t know if it was the work of crypto malware or a more sophisticated hack. A Reddit user operating under the name “seraf1990” warned of a copy & paste crypto scam that replaced a wallet address he copied from Coinbase with one belonging to scammers. According to seraf1990, he lost about $350 worth of […]
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He also said that nothing built on Ethereum is capable of scaling. Will Martino, the former lead engineer for JPMorgan’s Quorum blockchain, shared insights into the project’s acquisition by ConsenSys with Cointelegraph. He believes that while the technology was good for its time, it inherited fundamental flaws from Ethereum (ETH). Martino was involved in the […]
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Bitcoin and altcoins are likely to remain range-bound in the short-term as the bulls and the bears attempt to assert their dominance. On Thursday, U.S. Federal Reserve chairman Jerome Powell is expected to deliver an important speech that will highlight a new strategy of targeting “average inflation.” This means that the Fed might allow inflation […]
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How the heck is this even possible? A trader has managed to secure over 4,000% profit in less than three weeks as part of the World Series of Trading, or WSOT — a competition hosted by leverage crypto trading exchange, Bybit. Using his Twitter name for the competition, SalsaTekila appears on the WSOT troop leaderboard, […]
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The halcyon days of state subsidized electricity are over. Officials from Inner Mongolia are mulling an electrical policy that would prevent cryptocurrency miners from using inexpensive, state-subsidized electricity. Per the Inner Mongolia Electric Power Group Co, the region expects to recover around 6.732 billion yuan ($977 million) in taxes and fees thanks to these new […]
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“Who doesn’t love a story of a humble badass who refuses the easy path of corruption, loses everything, and still refuses to give up?” Each week we ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their […]
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Blockchain could help shared device merchants avoid credit card fees, MasterCard says. MasterCard’s Singapore-based subsidiary filed a patent with the U.S. Patent Office detailing a payment system for using hardware devices that specifically mentions Iota’s (MIOTA) Tangle technology. The patent claim, published on Aug. 20, proposes a pay-as-you-go system that uses a “transparent data storage […]
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Boa, a new Uniswap token created by the well-known pseudonymous Ether whale Bill Drummond, briefly hit $100,000. On Aug. 25, the creator of the well-known Uniswap tokens Antiample (XAMP) and Tokens of Babel (TOB) launched Boa. The Ether whale’s projects have seen growing interest within the niche Uniswap market. A common theme among the projects […]
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