Bitmain-backed Matrixport will extend its trading, lending and custody services in Switzerland through its new Zurich office. Matrixport, a Singapore-based crypto startup launched by former Bitmain CEO Jihan Wu, will expand its services from Asia to Europe through its new Zurich office. Registered under the name of Chaintech in Switzerland, Matrixport will begin offering its […]
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Binance IEO tokens such as MATIC and ONE have been flashing bullish signals amid some impressive price gains in recent days. As everybody focuses on the recent price action of Bitcoin (BTC), some other cryptocurrencies are deciding to break out of their long term downtrend. Notably, Initial Exchange Offerings (IEOs) and Binance IEOs, in particular. […]
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Telegram founder Pavel Durov will give a deposition regarding U.S. SEC accusations that Telegram’s native GRAM token is a security. In the latest chapter of Telegram’s legal battle with the United States Securities and Exchange Commission (SEC), the firm’s founder Pavel Durov will give a deposition along with two Telegram employees. On Nov. 25, District […]
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Cryptocurrency exchange BitBay will delist privacy-centric cryptocurrency Monero in 2020 due to money laundering concerns. Cryptocurrency exchange BitBay will delist privacy-centric cryptocurrency Monero (XMR) due to money laundering concerns. The exchange announced the decision on Nov. 25, noting that the delisting will take place on Feb. 19, 2020. The exchange explained its decision “Monero (XMR) […]
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A Reddit account holder says they failed to open a wallet with a balance of 1,800 BTC created in 2016 using a memorized and physically-recorded passphrase. A Bitcoin (BTC) investor has allegedly lost access to funds worth over $12.9 million after failing to record the passphrase for their wallet. In what may become the latest […]
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In a surprise move, Jon Holmquist says he has “fallen out of love” with consumer payments in BTC, and shoppers should use altcoins instead. The creator of one of the best-known Bitcoin (BTC) events has confirmed it will no longer take place as it has fulfilled its “initial mission.” In a statement on the official […]
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Missouri-based software maker CryptoTrader.Tax has launched a new product facilitating cryptocurrency tax reporting. Missouri-based software maker CryptoTrader.Tax has launched a new product facilitating cryptocurrency tax reporting. As the 2019 tax year comes to an end, the software is designed to help firms, certified public accountants and professionals counsel their clients about reporting their taxes from […]
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Cryptocurrency firm Ripple invests additional $20 million in MoneyGram, completing its original commitment of $50 million. Major money transmission network MoneyGram has announced that blockchain-based payments firm Ripple has completed its original commitment with a final $20 million investment. In a Nov. 25 press release, MoneyGram announced that Ripple Labs Inc. has made a final […]
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The bears have been unable to capitalize on the breakdown of critical support levels and this suggests that the current dip could be a bear trap. The total crypto market capitalization has bounced from the $180 billion mark. We anticipate a strong support in the $168 billion to $183 billion range because the market cap […]
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CX Technologies, the firm behind a supposedly Estonia-based cryptocurrency exchange DX.Exchange, is ceasing operations following a petition filed by its employees. The firm behind a purportedly Estonia-based cryptocurrency exchange DX.Exchange is ceasing operations following a petition filed by employees. CX Technologies, the Israeli company operating DX.Exchange, entered bankruptcy after 78 of its employees filed a […]
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