After a week of significant losses, Bitcoin is finally beginning to reverse its gains in line with traditional markets, with $9,000 now in sight. Bitcoin (BTC) continued to climb towards $9,000 on March 2, reaching a five-day high as markets appeared to recover from coronavirus fears. Cryptocurrency market daily overview. Source: Coin360 Van de Poppe: […]
Continue Reading
Bitfinex, the 11th largest cryptocurrency exchange by daily trading volume, will remove dozens of crypto trading pairs later on this week. Bitfinex, the 11th largest cryptocurrency exchange by daily trading volume, will remove dozens of cryptocurrency trading pairs later this week. According to a March 2 blog post, Bitfinex will remove 46 crypto trading pairs […]
Continue Reading
Lloyd’s now provides a new type of liability insurance policy aimed to cover losses fo cryptocurrencies stolen from hot wallets. Insurance giant Lloyd’s of London now provides a new type of liability insurance policy to protect cryptocurrency in hot wallets that is lost by theft. Lloyd’s new offering was developed by Lloyd’s syndicate Atrium together […]
Continue Reading
A whistleblower has revealed a $70 million Bitcoin scam targeting British and Australian investors through fake news stories on Facebook. A whistleblower has revealed the existence of a 200-employee Ukrainian Bitcoin (BTC) trading scam that netted $70 million in 2019. The whistleblower outed the scam by providing footage and internal company documents to Swedish newspaper […]
Continue Reading
Coronavirus continues to ravage markets worldwide, but traders are eyeing the potential for Bitcoin to profit from the uncertainty. Bitcoin (BTC) was trading higher on Mar. 2 after a lackluster weekend saw markets fall below $8,500 for the second time in a week. Cryptocurrency market daily overview. Source: Coin360 Dr. Doom slams traditional investors Data […]
Continue Reading
The Bank of England’s deputy governor has warned that stablecoin adoption could have profound implications for the money creation of national economies. Jon Cuncliffe, the deputy governor for financial stability of the United Kingdom’s central bank, the Bank of England (BoE), has warned that the emergence of a cryptocurrency economy may weaken or eliminate bank […]
Continue Reading
According to the Japan Virtual Currency Exchange Association, the three companies registered with Japan’s FSA on March 2nd. The Japan Virtual Currency Exchange Association (JVCEA) — the official self-regulatory organization for the crypto industry in Japan — announced on Mar. 2 that three additional companies have just registered as second-class members. Coinbase, Digital Asset Markets, […]
Continue Reading
In an interview on Ripple’s YouTube channel, CTO David Schwartz discussed features to broaden the ledger’s functionality. Blockchain-based financial services network RippleNet provides a safe, convenient, and easy-to-use wallet for holders of the cryptocurrency XRP, and the features to their system’s ledger may be expanding. RippleNet has been developed significantly since it was created in […]
Continue Reading
Blockchain and cryptocurrencies are as disruptive as they are polarizing. Here are the opinions of the world’s richest people on the technology. For the past decade, blockchain, Bitcoin (BTC) and other cryptocurrencies have disrupted everything they have touched — including banking, hedge funds, law enforcement, health care and real estate to name a few. Blockchain […]
Continue Reading
DIFC and Mashreq Bank launch Blockchain KYC platform to support faster business registration in the UAE. Dubai International Financial Centre (DIFC) and Mashreq bank announced the launch of their new blockchain data-sharing platform on March 1st. This platform will allow licensed businesses and corporations to open digital bank accounts instantly by verifying their identities via […]
Continue Reading