Major algorithmic stablecoin Basis, which raised $133 million in April, is shutting down and returning funds, say anonymous sources. Major United States-based stablecoin project Basis will shut down operations and return most of its funds to investors, crypto news outlet The Block reports today, Dec. 12. Citing “multiple people with direct knowledge of the situation,” […]
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John Bartleman, a president of Monex’s U.S. subsidiary TradeStation, has announced a crypto trading launch in the U.S. starting Q1 2019. Online broker Monex Group, known for buying hacked Japanese crypto exchange Coincheck in April, has announced it will launch cryptocurrency trading in the United States, Cointelegraph Japan reports Wednesday, Dec. 12. Monex held a […]
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Kraken is said to be gauging interest from select investors for a minimum $100,000 investment per head. United States cryptocurrency exchange Kraken is considering a private offering to high net worth investors, Finance Magnates reported Dec. 12, quoting emails sent by the company. Kraken, which is currently the subject of a lawsuit over its support […]
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The Gibraltar Blockchain Exchange has insured all of its assets with local insurance broker Callaghan. The Gibraltar Blockchain Exchange (GBX) announced that it is offering insurance on all of the assets listed on its platform, in an official GBX blog post Dec. 10. The exchange reports that it will use local firm Callaghan Insurance Brokers […]
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The cryptocurrency VC fund has become the latest to pile into the neo-banking sector. Cryptocurrency-focused merchant bank Galaxy Digital and Block.One have led a $30 million Series A investment round in U.S. neo-banking platform Good Money. The news was confirmed by a press release Dec. 10. Aiming to balance user ownership with part donation of […]
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The United States SEC has delayed their Bitcoin ETF decision yet again, and Venezuela’s Petro is raised 150 percent in value. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much […]
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Decentralized internet protocol TRON CEO Justin Sun has said the company will build a fund to “rescue” ETH and EOS developers from the so-called “collapse” of their platforms. Decentralized internet protocol TRON CEO Justin Sun has said the company will build a fund to “rescue” Ethereum (ETH) and EOS developers from “the collapse” of their […]
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Crypto fundraising might be a great tool to fight corrupt regimes, but what happens when freedom fighters seize power? The ongoing controversy surrounding Malaysia’s proposed political cryptocurrency, Harapan Coin, is far from letting up. On Nov. 26, the country’s finance minister, Lim Guan Eng, weighed in on the issue by reiterating that any entity looking to issue […]
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The U.S. Department of Homeland Security is seeking innovative blockchain-based solutions from startups to prevent the forgery and counterfeiting of digital documents. The United States Department of Homeland Security (DHS) is seeking blockchain-based solutions from startups to prevent the forgery and counterfeiting of digital documents, according to a press release published Dec. 4. According to […]
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While expert opinions over Bitcoin’s future vary, the current bear market has failed to deter investment from large players, showing that interest in the space in alive and well. 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 […]
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