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Cryptocurrency Exchange Bitfinex Lists $280M Crypto Hedge Fund
Bitfinex, the major cryptocurrency exchange and partner firm of stablecoin Tether (USDT) is listing a multi-million-dollar cryptocurrency hedge fund. The exchange announced on March 16 that it has listed Bahamas-based crypto hedge fund Fulgur Alpha, which is currently worth $280 million dollars.According to the Bitfinex, the fund — which is only accessible to professional investors —…
Litecoin Price Fails to Pass $100 on Day of Halving
All eyes were on Litecoin (LTC) price August 5 as its block reward halving failed to excite markets and produce gains for investors. Litecoin 7-day price chart. Source: Coin360LTC gains fail to materializeData from Coin360 showed Litecoin, which is the fifth-largest cryptocurrency by market cap, trading at around $94 Monday, just one hour before the halving.Once…
Japan’s Financial Watchdog Orders Hacked Exchange Zaif to Improve Business
Japan’s financial regulator, the Financial Service Agency (FSA), has issued a business improvement order to Japanese investment firm and Zaif crypto exchange operator Fisco.According to Cointelegraph Japan, the FSA has identified shortcomings in Fisco’s internal control systems — such as anti-money laundering measures — and found it to be insufficiently compliant with local laws and…
Digital yuan will work with WeChat and Alipay, says bank exec
Details regarding the digital yuan's characteristics are taking shape. 1030 Total views 15 Total shares The forthcoming digital yuan will reportedly be compatible with major payment networks within the country. Mu Changchun, the head of the People's Bank of China's digital currency research institute, said that the central bank-backed digital yuan will be compatible with major…
Cardano Foundation Warns About Suspicious Activities in Japan
The Cardano Foundation has warned that a suspicious firm is trying to rake in investments by claiming contact with the foundation. 1613 Total views 30 Total shares The Cardano Foundation — the organization behind major cryptocurrency Cardano (ADA) — warned that a suspicious firm is trying to rake in investments by claiming it has contacts…
Listen-and-Earn allows Bitcoin payments for podcasters and listeners
The Fountain podcasting app announced a partnership with ZEBEDEE to allow podcast creators and listeners the ability to earn Bitcoin for their time spent with content. 370 Total views 1 Total shares Own this piece of history Collect this article as an NFTCrypto has tapped into various industries over the years to enable users with…
Binance CEO Admonishes Justin Sun Over Steem Fiasco: ‘Transparency Works’
Binance CEO Changpeng ‘CZ’ Zhao is distancing himself from Tron founder Justin Sun over what has been described by some as a ‘hostile takeover’ of the Steem blockchain.Sun claimed that these reports were “misleading” and that “We wanted to protect the sanctity of private property & the interests of all from malicious hackers.”Allegations that the…
Colorado Considers Bill Giving Cryptocurrencies Limited Exemptions From Securities Laws
A new bill to exempt cryptocurrencies from some securities laws is currently under consideration by the Colorado Senate, documents released on Jan. 4 confirm.A bipartisan effort sponsored at Senate level by Republican Jack Tate and Democrat Steve Fenberg, the “Colorado Digital Token Act” aims to offer limited extra freedoms for cryptocurrencies and traders.The move comes…