Bitcoin price hits $61K, but investors still prefer stocks and bonds right now

Switzerland-headquartered food retail giant Nestlé says it has had to adopt a “start-up mindset” in order to push ahead with its challenging blockchain venture.Insights into the retailer’s blockchain development work were revealed by Nestlé Digital Technology Manager Armin Nehzat in a Sept. 5 interview with TechWire Asia.A long-term journey, not a short-term betLast month, Nestlé…

The story of the infamous cryptocurrency exchange Mt. Gox seems to be taking a twist that could bring a relatively happy resolution to one of the most dramatic episodes in the short history of digital money. As the gates are now open for the Japan-based exchange’s creditors to file rehabilitation claims, chances are that most…

The world is headed for special drawing rights with gold participating, but not a return to the gold standard, the trader says. Bitcoin (BTC) and cryptocurrencies will not get their big break thanks to the problems with the fiat economy, says veteran trader Peter Brandt.In a series of tweets on July 22, the popular commentator…

Under the orders, FTX Japan will be required to suspend OTC derivatives transactions and related margins as well as new deposits from Nov. 10 to Dec. 9 unless the FSA steps in. 349 Total views 2 Total shares The Financial Services Agency, or FSA, of Japan has requested FTX Japan suspend business orders, citing the…

On November 7, a security news and investigation blog KrebsOnSecurity published an interview with REACT Task Force, a California-based law enforcement group dedicated to fighting cybercrime.As per the article, members of REACT consider “SIM swapping” one of its “highest priorities” in a bid to fight cryptocurrency fraud. Here is how fraudsters use 99 cent SIM…

The price of soccer fan tokens, designed for fan engagement, is seemingly impacted by the on-field performance of teams. 475 Total views 39 Total shares Argentina’s shock 2-1 loss to Saudi Arabia in the opening match of the FIFA World Cup has plummeted the price of the Argentine Football Association Fan Token (ARG), in line…

A California resident is suing Binance and its CEO for tweets last November that, according to allegations, led to the collapse of the rival exchange. 278 Total views 5 Total shares A class-action suit was filed against Binance.US and Binance CEO Changpeng Zhao on Oct. 2 in the District Court of Northern California alleging various

The monster raise might be an indication that Pantera’s ambitions are inflating in lock-step with Bitcoin’s rising price. 1166 Total views 12 Total shares In a filing with the SEC yesterday, Bitcoin hedge fund giant Pantera Capital announced an equity offering of up to $134 million — among the largest capital fundraising efforts in the…

The first 200 cabins in a crypto-themed cruise ship will go on sale in November 305 Total views 2 Total shares Ocean Builders, a company that builds “floating, off-grid seapod homes,” has bought an old Australian cruise ship it renamed ‘Satoshi’ and plans to fill with crypto companies, entrepreneurs, and digital nomads off the coast…