A rebound for gold follows Bitcoin’s successes as the U.S. central bank starts stating it has “infinite cash.” Bitcoin (BTC) and gold showed clear signs of strength on March 24 as the United States Federal Reserve revealed the true extent of its money printing. Having cleared $6,000 on Monday, BTC/USD went on to hold ground […]
Continue ReadingFollowing last week’s sharp market correction, crypto hedge fund Adaptive Capital announces its closure. Adaptive Capital, a crypto hedge fund, has announced that it will shutter all operations after taking heavy losses during the March 13 crypto market meltdown which saw Bitcoin (BTC) price drop to a 2020 low at $3,775. The fund has now […]
Continue ReadingGoldman Sachs sets the record straight on the apocalyptic ‘investee call’ that set social media on fire. An apocalyptic account of Goldman Sachs ‘investee call’ went viral on social media faster than the coronavirus — and now the investment bank wants to set the record straight. The story snowballed after first being reported in a […]
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Circle’s consolidation strategy is starting to pay off as it released a set of new APIs for businesses that wish to benefit from USDC without the technical complexities. Circle, the company behind the USDC stablecoin unveiled three new APIs for businesses on March 10. The new developer tools are aimed to help traditional businesses use […]
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OKCoin announces Hong Fang as its new CEO, as former CEO Tim Byun moves into a government relations role. Major United States cryptocurrency exchange OKCoin has announced that its current chairperson, Hong Fang, is taking over as CEO. Fang is a former Goldman Sachs banker, and early investor in OKCoin. She told Cointelegraph she will […]
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The encryption process generates cryptographic keys that are used to lock (encrypt) and unlock (decrypt) data. There are two forms of encryption keys: symmetric and asymmetric. Key management providers, examples While many exchanges or custodians still operate a multisig cold wallet approach, there are now several key management providers on the market. Unbound Tech is […]
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Regular, non-random Bitcoin outflows from FCoin’s cold wallet point to an exit scam amid the crypto exchange platform’s shutdown. Less than two years after bursting onto the scene, Chinese crypto exchange FCoin has shut down its operations. The platform, founded by Zhang Jian, also says it may be unable to pay the 7,000 to 13,000 Bitcoin […]
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Bithumb has partnered with Singaporean crypto trading platform BitMax to jointly develop new services and products. As not a day goes by without another cryptocurrency partnership, one of the biggest crypto exchanges in South Korea has begun new cooperation. Major South Korean cryptocurrency exchange Bithumb has partnered with Singaporean crypto trading platform BitMax to jointly […]
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Joe Lubin’s long path from managing a lab in Princeton to building the technology serving as “an organizing principle for earth, the world, the planet.” Canadian entrepreneur and software engineer Joseph Lubin helped spearhead the development of the open-source smart contract blockchain platform that came to be known as Ethereum. Lubin has long believed that […]
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Poloniex introduces “partially localized” version of Poloniex for Russian speaking users on its platform. Russia is apparently becoming a more attractive market for cryptocurrency firms as another major crypto platform is adding Russian language support. Poloniex, a popular crypto exchange originally based in the United States, has begun adding the Russian language on its platform […]
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