Crypto markets have evidently tipped into red in the wake of yesterday’s $40 million hack of major exchange Binance. Wednesday, May 8 — having just broken new 2019 highs, crypto markets have tipped into red in the wake of yesterday’s $40 million hack of major exchange Binance. Virtually all of the top 20 cryptocurrencies are […]
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Former OneCoin investor Christine Grablis is suing cryptocurrency firm OneCoin Ltd for fraud. Former OneCoin investor Christine Grablis is suing the cryptocurrency investment scheme for fraud, according to a complaint filed on May 7. Grablis is seeking damages and a class action suit to represent other investors purportedly defrauded by OneCoin. The full list of […]
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Following the report of Fidelity soon launching bitcoin trading for institutional clients, crypto markets rallied to break new 2019 highs. Tuesday, May 7 — following some moderate losses yesterday, the crypto markets have rallied to break new 2019 highs today, with bitcoin (BTC) inching close to $6,000. All the top 20 coins by market cap […]
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A top executive at one of Asia’s largest banks says trade finance needs to go digital because forged paper records have become too sophisticated. A senior executive at one of Asia’s biggest banks has said the $9 trillion trade finance industry needs to be digitized in order to tackle fraud, according to a Bloomberg article published on May […]
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Warren Buffett has again derided bitcoin for its purported lack of real use value, likening the coin to a seashell that “just sits there.” Outspoken crypto critic and Berkshire Hathaway CEO Warren Buffett has again derided bitcoin (BTC) for its purported lack of real use value, likening the coin to a seashell that “just sits […]
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The firm’s Fidelity Digital Assets will expand its feature set, says an anonymous source, as executives confirm continued bitcoin commitment. United States $7 trillion investment firm Fidelity will reportedly roll out bitcoin (BTC) trading for institutional clients in the coming weeks, Bloomberg reported on May 6. Citing a source who asked to remain anonymous, the […]
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MIT career development professor Christian Catalini is reportedly on leave and working with Facebook on its cryptocurrency projects. Massachusetts Institute of Technology professor Christian Catalini is on leave and working on the development of Facebook coin, cryptocurrency news Coindesk reported on May 3. Per the report, two anonymous sources with knowledge of the situation told […]
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A recent note from the pro-bitcoin firm says incoming volatility should be used to accumulate. Bitcoin’s (BTC) price may pull back soon, but investors should leverage it to buy more, Bloomberg quoted market strategy firm Fundstrat Global Advisors as saying on May 3. In a note to clients on May 2, Fundstrat analyst Robert Sluymer […]
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Crypto markets are experiencing a major bull move, with all of the top 20 coins seeing significant growth over the day. Friday, May 3 — the crypto markets have rallied today, with bitcoin (BTC) breaking new 2019 highs. All the top 20 cryptocurrencies by market cap are seeing significant gains over the past 24 hours, […]
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Following closures of its PAC and Chicago office, Coinbase says its shifting focus to serve institutional investors. America’s largest cryptocurrency exchange, Coinbase, is shifting its focus to serve the needs of a growing interest in crypto by institutional investors. This is the narrative coming from the company after some changes in the last 10 days. […]
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