Celsius Network is the first crypto lending platform to become profitable according to its CEO Alex Mashinsky. The Celsius Network is the first major cryptocurrency lending platform that is profitable, according to its CEO and founder Alex Mashinsky. Cointelegraph interviewed Mashinsky to learn more about this achievement, how the latest market downturn has affected its […]
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Two Canadian nationals will spend 24 months in a U.S. federal prison for stealing 23.2 Bitcoins in a scam executed on Twitter. Two Canadian nationals have been sentenced to two years in a United States federal prison for stealing 23.2 Bitcoin (BTC) through a scam on Twitter in 2017. According to the U.S. Department of […]
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India’s Minister of Corporate Affairs has revealed that only two cryptocurrency companies have apparently registered with the ministry. A filing submitted in the lower house of India’s parliament — the Lok Sabha — has revealed an investigation into fraudulent practices by so-called “bit coin companies” operating in the country. An official question was submitted by […]
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The mobile creation game with more than 40 million downloads announced on March 12 they would be holding a third LAND presale. Ethereum users will soon be able to take advantage of another blockchain-based game with nonfungible token technology. The Sandbox (TSB), a mobile creation game with more than 40 million downloads, announced on March […]
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CEO Zac Prince cites the recent crypto crash as one reason the firm will be changing their interest rates on Bitcoin and Ether. Clients of one crypto lending company may soon notice some changes in response to the recent drops in the market. Starting on April 1, BlockFi will be raising the interest account rates […]
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A crypto project crosses the half-billion threshold. Today stablecoin network PegNet cleared $500 million dollars in conversions, according to data from PegNetMarketCap.com. This means a half-billion dollars in value has moved over the platform’s rails since it launched in August 2019. PegNet is a decentralized non-custodial network of tokens that are pegged to different world […]
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Bitcoin price attacks $5,500 as President Trump announces support for a $1 trillion COVID-19 economic stimulus package. Bitcoin’s recovery from last week’s catastrophic drop to $3,700 continued on Tuesday as the digital asset briefly topped $5,500 before pulling back below $5,400. The improvement in the crypto market’s price action appears to have received a boost […]
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KuCoin exchange establishes KuGroup, a core division of the company that will manage all three of the company’s businesses. Despite the ongoing global crisis fueled by intensifying coronavirus fears, Singapore-based cryptocurrency exchange KuCoin takes action to expand its services and restructure business. Backed by major venture capital firm IDG Capital, KuCoin exchange has established KuGroup, […]
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Investment platform Republic plans to build its own digital asset on Algorand’s blockchain, allowing financial exposure to company. Republic, a platform letting users invest in early-stage companies, announced plans to launch its own digital asset on Algorand’s blockchain. “We are excited to be using their cutting edge blockchain technology to enable the creation of a […]
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Bitcoin and Ether still offer better returns than other risk assets during crypto market uptrends and both remain positively correlated with gold in bull and bear markets. Bitcoin (BTC) price is slowly recovering, reaching $5,500, after last week’s Black Monday style market meltdown which led to Bitcoin price pulling back sharply as traditional markets suffered […]
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