Robinhood Q1 crypto trading surges 224% — SEC action ‘disappointing’

Cryptocurrency futures and options exchange Deribit says it will use its own money to refund users affected by an exchange rate miscalculation.In a tweet on Nov. 1, Deribit recognized its role in the error, which occurred on Thursday and resulted in Bitcoin (BTC) trading at around $7,700.Deribit: crash caused by “outlier” valueThis, in turn, caused…

Decred's co-founder thinks Bitcoin's halving could double its price as miners look to cover the costs of their work. Decred co-founder and project lead Jake Yocom-Piatt predicts that the coming reduction in Bitcoin's (BTC) mining payout will have miners upping prices."Since the Bitcoin halving means that miners will receive half as many Bitcoins for the same amount…

Decentralized autonomous organization (DAO) Maker will launch a new type of Dai (DAI) stablecoin today. Known as Multi-Collateral Dai (MCD), the new type of the DAI will be backed by several types of collateral in contrast to the existing Single-Collateral Dai (SCD), which will now be called Sai (SAI). While Maker previously announced the new protocol…

CryptoCompare has published its monthly report analyzing the trade activity on crypto exchanges.The record-breaking crash of March 12 and 13 drove new all-time volume highs in both the spot and derivatives markets.March 13 sets record for daily spot tradesThe report states that March 13 produced the single greatest volume in the history of crypto assets…

Cryptocurrency hedge fund Polychain Capital saw its assets under management (AUM) shrink from an erstwhile $1 billion high to $591.5 million in Q4 2018. The news was reported on by the Wall Street Journal on April 11.The WSJ’s sources attributed the steep decline to a drop in the value of the fund’s holdings amid a…

Online information flows have a tremendous influence on the prices of crypto assets. Just this week, investors witnessed how even fake news can sometimes make the market value of a token explode, even if for just an hour. Fortunately, the effects of legitimate news tend to last longer, but the trick for investors is to…

"There was a tremendous amount of interest activity experimentation happening in the (crypto) space, but not a tremendous amount of adoption from real use cases," said Zinder. Alex Zinder, a capital markets veteran who jumped on the blockchain train last year, attended the Paris Blockchain Week Summit, where he sat down with Cointelegraph to discuss…

Digital asset exchange AlphaPoint has upgraded its security token service designed for institutional clients, according to a press release obtained by Cointelegraph Thursday, March 28.The company that provides services to private equity, real estate, funds, and other institutional investors is now offering to issue asset-backed security tokens for its clients. AlphaPoint believes that tokenization will…