Startups can hedge bank risk with Bitcoin — Tim Draper

Major cryptocurrency exchange BitMEX announced that it will restrict access to its platform in Seychelles, Hong Kong and Bermuda.Per an announcement published on Aug. 19, in order to ensure the safety of funds and the stability of the exchange, the firm restricted access from countries in which the offices and workers of its parent company…

The surge in crypto mining stocks was a relief for the industry after a crippling year, where public crypto miners incurred $4 billion in liabilities. 674 Total views 25 Total shares Own this piece of history Collect this article as an NFTThe Bitcoin (BTC) price rebound to a multi-month high has also positively affected mining…

The trustee of now-defunct Japanese cryptocurrency exchange Mt. Gox has extended the deadline for submission of rehabilitation plans, according to an official announcement published on the company’s website on April 25.Per the announcement, the exchange’s Rehabilitation Trustee Nobuaki Kobayashi filed a motion in a bid to extend the submission deadline of a rehabilitation plan at…

Gibraltar-registered blockchain and cryptocurrency-focused startup INX Limited intends to raise between $5 million and $130 million through an initial public offering (IPO) per a document filed with the United States Security and Exchange Commission (SEC).The filing reads that INX — which develops a regulated platform for cryptocurrency trading and an alternative trading system for security…

Crypto insurance underwriter Evertas will increase coverage limits to $420 million per policy while adding additional mining coverage. 268 Total views 2 Total shares Evertas, an insurance company focused on digital assets, recently announced an increase in coverage limits and the addition of mining operations to its coverage portfolio.The insurer’s per-policy coverage limits on custodial…

The ‘mainstreamification’ of NFTs initially gained traction in the art world, addressing the industry’s inherent problems and presenting a use case that was relatively easy for the average consumer to grasp. Since then, new trends have emerged, shaping the face of NFT art today and impacting its future trajectory. Notably, the recent popularity of Bitcoin…

Bitcoin starts the second week of March at a bearish crossroads as new multimonth lows get closer. Traders and analysts agree that little stands in the way of a $78,000 retest as BTC/USD seals its worst-ever weekly candle. CPI and PPI are due as markets enter a broad risk-off phase and stocks’ futures tumble. How