Bitcoin ‘still the best-performing asset’ after weak Q3: NYDIG
Bitcoin is currently exactly where it was in the last two cycles, said NYDIG’s research head Greg Cipolaro, who said crypto could be in for a big Q4.
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Blockchain Security Company CoolBitX Raised $16.75 Million in Series B
CoolBitX, creator of the cryptocurrency-storing CoolWallet, continues to be popular with investors. In a press release today, the Taiwan-based startup announced that it had secured additional funding for expansion.Led by Japan-based SBI Crypto Investment Co. Ltd., the Monex Group, BitSonic, and the National Development Fund of Taiwan, the group provided CoolBitX $16.75 million from the…
Caroline Ellison asks to seal supporters’ info at Sept. 24 sentencing
A filing in federal court suggested that the former Alameda Research CEO had a sentencing hearing scheduled for Sept. 24 — the first in the FTX case since Ryan Salame’s in May.
Economy minister says Brazil will have its own CBDC
Paulo Guedes said that the Brazilian real will have a digital counterpart and also highlighted the autonomy of the Central Bank 492 Total views 7 Total shares Brazilian Economy Minister Paulo Guedes has said that Brazil will issue its own central bank digital currency, or CBDC.Guedes made the statement on Thursday during a ceremony celebrating…
Mutual Owners, Mutual Funds: What We Know About the Bitfinex/Tether Scandal
In what seems to be one of the greatest crypto scandals 2019 has seen so far, the United States Attorney General in New York accused Bitfinex of using Tether’s cash reserves to cover a rumored $850 million funding gap with reserves meant for backing the stablecoin. Both companies share the same owner.Now, the crypto exchange…
Market Mostly Trades Sideways as Bitcoin Price Hovers Around $7,200
Tuesday Nov. 26 — Most cryptocurrencies are back to trading sideways, including Bitcoin (BTC) which has not been able to find higher trading levels in the past 24 hours.Cryptocurrency market daily overview. Source: Coin360Bitcoin started the day at the $7,140 price mark, at which point the world’s largest crypto coin found an intra-day high of…
Cambridge Study: Lack Of Standard Terms for Crypto Hampers Global Regulatory Response
The lack of standard global terminology for crypto assets is a major impediment for the adoption of clear regulatory policies in the industry, according to a study by the Cambridge Centre for Alternative Finance (CCAF) released on April 16.According to the report, a variety of major terms in the crypto industry is often used interchangeably…
Rangers Protocol plans testnet launch for mid-July
"It is time to show the world what we are made of," said Rangers Protocol co-founder Mary Ma. 536 Total views 2 Total shares Describing itself as a provider of “virtual worlds blockchain infrastructure,” the Rangers Protocol will open its testnet to users starting in July.In a Thursday announcement at the Global DeFi Summit, Rangers…
Spot Ethereum ETFs record longest outflow streak amid drying investments
Spot Ether ETFs in the US face significant outflows, unlike Bitcoin ETFs, which continue to attract investments.