Chinese social media giant and payment service provider WeChat banned cryptocurrency transactions in its payments policy. Chinese social media giant and payment service provider WeChat banned cryptocurrency transactions in its payments policy. Dovey Wan, founding partner of crypto investment firm Primitive, tweeted the news on May 7. The tweet contained a screenshot of the policy […]
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HBUS has announced the appointment of Oren Blonstein as its vice president of product and technology. HBUS, the operator of United States-based crypto exchange Huobi.com, has announced the appointment of technology and financial services veteran Oren Blonstein as its vice president of product and technology. The development was revealed in a press release shared with […]
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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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Judge Joel M. Cohen refused to dismiss the court order entirely, but took aim at the “amorphous and endless” nature of its accusations. The New York Attorney General cannot bring the full force of its court order against cryptocurrency exchange Bitfinex and stablecoin Tether (USDT), cryptocurrency news media outlet CoinDesk reported, quoting a judge on […]
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Tether, Bitfinex fight back against New York attorney general’s legal claims, as the stablecoin maintains stability. Tether has been one of the most controversial topics in the cryptocurrency community over the last two years — and things have come to a head over the past few weeks. The wider crypto community has been skeptical of […]
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The Ethereum startup is hoping to galvanize itself following a difficult period amid plans to raise $200 million. New York-based blockchain company ConsenSys is restructuring its various operations to shore up its market presence as it seeks $200 million in funding, a press release confirmed on May 6. In a move which will also see […]
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U.S.-based coffee chain Starbucks is working with tech giant Microsoft on its blockchain-based coffee tracking initiative. United States-based coffee chain Starbucks will implement tech giant Microsoft’s Azure Blockchain Service to track coffee production, tech news site GeekWire reports on May 6. Starbucks first announced its “bean to cup” initiative in 2018, stating that it would […]
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The Tron Foundation has disclosed a fixed critical vulnerability which could have rendered its blockchain unusable. The Tron Foundation disclosed a fixed critical vulnerability which could have crashed its blockchain on vulnerability disclosure platform HackerOne on May 2. The disclosure explains that with enough malicious requests, an attacker could have filled up all the available […]
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Charlie Munger, VP of American holding company Berkshire Hathaway, said that BTC investors “celebrate the life and work of Judas Iscariot.” Charlie Munger, billionaire investor and vice chairman of American holding conglomerate Berkshire Hathaway, again criticized bitcoin (BTC), financial markets-focused news outlet Markets Insider reported on May 4. Munger — who was invited to an […]
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When the price stops moving up even with bullish news, it is time for consolidation or a minor correction. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making […]
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