One crypto industry CEO thinks COVID-19 has brought Bitcoin further into the public eye. The CEO and co-founder of Bitcoin (BTC) investment app Amber, Aleks Svetski, said he thinks the COVID-19 pandemic has bolstered Bitcoin awareness. “COVID was one of the best marketing campaigns for Bitcoin in history,” Svetski told Morgan Creek Digital co-founder Anthony Pompliano […]
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Continuing to outpace mainstream markets, Bitcoin flexes gains more than double that of gold. Amid unstable global financial conditions, Bitcoin continues its path as a juicy-looking hedge asset, based on its gains comparative to gold. Sitting at a press time price of $1,717 per ounce, gold has risen approximately 12% from the start of 2020, […]
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Millions of dollars in ETH stolen from Upbit in 2019 continues to move on unknown wallets, OKEx, and a little-known exchange. Crypto funds associated with Upbit’s $50 million hack in November 2019 have continued to move. Soon after hitting the world’s biggest crypto exchange, Binance, large sums of the stolen funds continued to be transferred […]
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Analysts believe that Bitcoin’s post-halving stability may help spur crypto adoption across the globe. Following Bitcoin’s (BTC) recent much-hyped halving event, many in the industry had anticipated a drop in value, especially after BTC slid to as low as $8,100 on May 10. However, following this aforementioned uncertainty, the flagship crypto asset proceeded to gain […]
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Institutions continue to show interest in Bitcoin and digital assets amid the third Bitcoin halving, data shows. Having recently gone through the third halving, one of the most important events in the ecosystem, Bitcoin (BTC) continues to establish itself as a new asset class and a worthy contender to gold as a new store of […]
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Peter Van Valkenburgh speaks on the value of decentralization and how it plays into Coin Center’s mission in U.S. policy. Formed in 2014, Coin Center was the first non-profit to focus on defending the independence of decentralized blockchain networks and cryptocurrencies in front of regulators in the United States. Peter Van Valkenburgh was one of […]
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Crypto.com has secured what it claims is the largest insurance coverage in the industry, following a surge in new users and volumes over recent months. Crypto.com has secured a $100 million direct insurance policy provided by Arch Underwriting at Lloyd’s Syndicate 2012. Per a May 11 announcement, the new policy brings Crypto.com’s total coverage to […]
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In the case against an alleged crypto Ponzi scheme founder, judges are not convinced that the risk of COVID-19 is enough to allow posting a bail bond for release. One of the persons behind an alleged cryptocurrency Ponzi scheme has once again been denied bail. The accused, John Caruso, continues to be considered an extreme […]
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Major U.S. venture capital firm Andreessen Horowitz has began publishing educational material from its crypto-focused bootcamp. Venture capital firm Andreessen Horowitz — also known as a16z — has started releasing an online version of “Crypto Startup School,” its seven-week education course for industry entrepreneurs. Two lectures from week one were published on May 13 via […]
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Cryptocurrency custodian BitGo will provide its services to Indian exchange CoinCDX, offering secure storage and partial insurance for assets traded on the platform. Cryptocurrency custodian BitGo will provide its services to Indian exchange CoinCDX, offering secure storage and partial insurance for assets traded on the platform. BitGo — a United States-based firm that claims to […]
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