Crypto Biz: Consolidation ramps up among crypto firms
This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.
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First weekly death cross ever — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week just under $22,000 as bulls fail to reclaim lost ground in February.After some modest volatility towards the weekly close, BTC/USD is still near three-week lows as a new status quo enters with $22,000 as resistance.The largest cryptocurrency stands at the beginning of an important week of macroeconomic data, however,…
Overstock’s Security Token Trading Platform to Give Investors Control Over Token-Holdings
The security token exchange subsidiary of e-commerce retail giant Overstock, tZero, has started releasing control of its tokens, according to a letter to investors released on Jan. 11.Last August, the subsidiary had announced that its security token offering would close, having raised $134 million out of the maximum amount of $250 million previously specified. In…
Coinbase’s Reddit AMA: ‘It’s like Amazon in the early days’
Brian Armstrong compares Coinbase to Amazon in the early days in terms of innovations that will benefit customers. 1296 Total views 18 Total shares The CEO of U.S. crypto exchange Coinbase Brian Armstrong has apologized for poor customer support and revealed the company could integrate with DeFi protocols in a comprehensive Ask Me Anything session…
Bitcoin Miners Uber Bullish as Difficulty Set for 60% Quarterly Growth
Bitcoin (BTC) will see its mining difficulty grow by almost two-thirds in Q3 2019, new data reveals as the metric astounds markets.Bitcoin metrics show big competition in playUploading historical and future projections to Twitter on Sept. 19, well-known analyst Kevin Rooke noted difficulty had already expanded at an average of 42% each quarter since 2016.With…
BTC white paper hidden on macOS, Binance loses AUS license and DOGE news: Hodler’s Digest, April 2-8
Top Stories This Week Bitcoin white paper is apparently hiding in Apple’s modern macOS Satoshi Nakamoto’s original white paper laying out the thesis for the Bitcoin network is seemingly hiding within every modern version of the operating system for Apple’s Mac computers. An April 5 blog post from technologist Andy Baio revealed that a PDF…
CZ: Binance DEX Mainnet to Launch Later in April
Changpeng Zhao, CEO of the world’s second largest crypto exchange by adjusted volume Binance, has revealed that the company will launch its decentralized trading platform later this month. This development was reported by a Cointelegraph correspondent at the Deconomy conference in Seoul.Zhao, most known in the industry as CZ, is attending Deconomy — a crypto…
US SEC Approves BTC Futures Fund to Offer Shares to Institutional Investors
Bitcoin (BTC) futures-focused NYDIG Bitcoin Strategy Fund has procured approval from the United States Securities and Exchange Commission (SEC), entitling it with the right to offer its shares to institutional investors.According to an SEC filing that came into effect on Dec. 2, the New York Digital Investment Group LLC (NYDIG) is now authorized to offer…
Crypto.com unveils EVM blockchain functionality and related fund
The new functionality will help smart contracts and applications from other blockchains transition over to the Crypto.org ecosystem. 3066 Total views 21 Total shares In the coming months, Crypto.com’s blockchain will let projects built on Ethereum transfer over to its ecosystem via Ethereum Virtual Machine, or EVM, compatibility. The company also unveiled a related fund…