Exclusive: Fireblocks granted New York charter for crypto custody
The charter allows Fireblocks to offer cold-storage custody to US clients.
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South Korean exchange traffic has risen sharply since June — Is this why?
The boost may come down to the popularity of one specific token. Data indicates that Coinone, a South Korean exchange, saw its user base rise by about 10,000 people per month after listing Kakao’s klaytn (KLAY) token in June. The token was listed after Kakao, a tech giant who runs the most popular chat app in…
77.1% of Salvadorans surveyed think the gov’t should ‘stop spending public money’ on Bitcoin
Less than 40% of surveyed respondents said they supported the approval of Bitcoin as legal tender. 474 Total views 5 Total shares In a recent study published by José Simeón Cañas Central American University in El Salvador, 77.1% of respondents say that they want the Salvadoran government to stop “spending public money on Bitcoin.”Moreover, only 24.4% of…
Bitcoin heads for dismal weekly close as BTC price rejects at $20K
Bitcoin (BTC) attempted to reclaim $20,000 as support on June 19 as bulls faced a $7,000 weekly red candle.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$16,000 eyed for possible next moveData from Cointelegraph Markets Pro and TradingView showed BTC/USD rising from lows of $17,592 on Bitstamp before being firmly rejected at $20,000.Low-liquidity trading conditions had made for…
After Friend.tech’s failure, SocialFi must ‘cross the chasm’ to succeed
In the wake of Friend.tech’s collapse, Cointelegraph spoke with industry leaders to find out what went wrong and what comes next.
BitMEX launches spot crypto exchange following $30M penalty
Founded in 2014, BitMEX is one of the world’s oldest crypto trading platforms, but it has never offered spot crypto trading till now. 547 Total views 7 Total shares Global crypto derivatives exchange BitMEX is expanding its platform beyond just derivatives by finally launching a spot crypto trading platform.BitMEX officially announced on May 17 that…
15 ways crypto companies can manage costs in the current economy
Crypto winter has been challenging enough for the industry; it doesn’t help that the broader macroeconomic environment is uncertain as well. With ongoing talk of a potential recession, tightening access to investor capital and rising interest rates, some crypto and blockchain companies are joining their peers in other industries in exploring cost-cutting measures. While trimming…
‘Crypto Winter Is Much Warmer in Singapore’: BlockShow Asia Closes on Optimistic Note
BlockShow Asia 2018 has come to an end in Singapore Thursday, Nov. 29, with most visiting experts predicting that cryptocurrencies and blockchain will fare better in 2019.According to the BlockShow team, 2,800 people attended the two-day conference, including potential investors who participated in EXP20 — a business pitch competition for startups announced shortly before BlockShow…
PayPal stock has surged 17% since enabling Bitcoin purchases
The online payment platform launched crypto trading for U.S. customers on Nov. 12. 660 Total views 7 Total shares PayPal’s stock reached record highs on Monday, capping off a strong period of outperformance relative to the Nasdaq and broader U.S. stock market. Since Nov. 12, the technology-focused Nasdaq has gained around 6.5%. The broad S&P…