Despite the bear market, some coins are still managing to outperform the overall trend. Although Bitcoin (BTC) has managed to maintain its dominance throughout the bear market, we are seeing some major cryptocurrencies outperform it. This shows that the market has started to favor some coins and disregard the others. We believe that some cryptocurrencies […]
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Iran could soon release its state-backed coin, and Gemini announces it will complete further security compliance reviews. Top Stories This Week SWIFT Reveals Plans to Launch Proof-of-Concept With Blockchain Consortium R3 Major global banking payments network SWIFT announced plans this week to develop a Proof-of-Concept of a gateway that will let blockchain consortium R3 link […]
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CoinLab has reportedly filed a $16 billion claim against the now-defunct cryptocurrency exchange Mt. Gox. CoinLab has reportedly filed a 1.7 trillion JPY ($16 billion) claim against the now-defunct cryptocurrency exchange Mt. Gox, according to an alleged photo of the filing document posted on Reddit on Feb. 1. As Cointelegraph reported in its Mt. Gox […]
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The United States Securities and Exchange Commission is seeking sources for blockchain data and its analysis. The United States Securities and Exchange Commission (SEC) is seeking sources for blockchain data and its analysis, a statement issued by the agency revealed on Jan. 31. According to the statement, the SEC is trying to find businesses able […]
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The valuation of the crypto market dropped $10 billion following the expiration of Bitcoin futures contracts. On Jan. 29, the valuation of the crypto market plunged by more than $10 billion within a 48-hour period, from $121 billion to $111 billion. Major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) recorded losses in the range […]
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Major U.K. public transport provider Go-Ahead Group Plc. is partnering with a blockchain startup on a tokenized rewards system for rail customers. Major United Kingdom public transport provider Go-Ahead Group Plc. is partnering with blockchain startup DOVU to introduce a tokenized rewards system for rail customers, TechCrunch reported Feb. 1. Listed on the FTSE 250 […]
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The Manhattan District Attorney has announced New York’s first prosecution for SIM swapping, which resulted in the theft of $10K in crypto. Manhattan’s District Attorney (DA) announced the indictment of an individual for stealing identities and funds, including crypto, via a process known as SIM swapping. The announcement was made in an official press release […]
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A liquidity crisis at Canadian crypto exchange QuadrigaCX is the result of lost access keys for the exchange’s cold wallets. Following the sudden death of its founder Gerry Cotten, cryptocurrency exchange QuadrigaCX is reportedly missing CA$190 million dollars ($145 million) in digital assets, Canadian news daily The Globe and Mail reports on Feb. 1 Citing […]
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The Director of Data Science and Risk at U.S.-based crypto exchange Coinbase has stepped down. The Director of Data Science and Risk at American cryptocurrency trading platform Coinbase, Soups Ranjan, has stepped down. Ranjan announced his departure on Twitter and in a blog post on Jan. 31. In his Medium post, Ranjan reflected on the […]
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Crypto markets are largely trading sideway, with top coins reporting some small gains. Feb. 1 — Markets are relatively quiet, as major coins are trading sideways, with most seeing small gains over the 24-hour period. Market visualization from Coin360 The top cryptocurrency Bitcoin (BTC) is hovering below the $3,500 mark, trading at $3,492 at press […]
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