XRP Cryptocurrency Now Down 90% From 2018 Price High

The liquidator of Three Arrows Capital (3AC) may try to reclaim about $1.2 billion from Digital Currency Group (DCG) and crypto lender BlockFi, clawing back payments made by the hedge fund as liquidation loomed but before the process started.A confidential July 7 report from Teneo, the liquidator, that CoinDesk reviewed referred to more than $1…

S&P sees "a lot of similarities" between bitcoin and gold, and says concerns about theft of cryptocurrency have diminished with greater mainstream acceptance.S&P says there are a "lot of similarities" between bitcoin and gold. (Shutterstock)Jan 21, 2021 at 5:58 p.m. UTCUpdated Jan 21, 2021 at 6:25 p.m. UTCBitcoin Worries ‘Fading’ as Crypto Goes Mainstream, S&P…

In public, Ryan Selkis is one of crypto's loudest gadflies, regularly excoriating U.S. regulators for overreach, especially Securities and Exchange Commission Chair Gary Gensler, in social media tirades.Behind the scenes, the founder and CEO of data and analytics provider Messari has spent the last two years building a political fundraising machine for the industry that's

news Ethereum developers announced today that funding has been approved to audit the hotly-contested code change known as Progressive Proof-of-Work or ProgPoW. Since February, developers have been gathering the funds necessary to back a third-party audit of the ProgPoW code. Today, during a weekly meeting, it was announced that the targeted amount of 50,000 DAI…

The long-put "butterfly" strategy guards against a potential bitcoin price drop to $47,000 by the end of March.The strategy, involving multiple trades, cost over $20 million.A large bitcoin (BTC) options bet crossed the tape on Tuesday, aiming to profit from a potential short-term price drop in bitcoin with the floor at $47,000.The trader bought 100

It's the year of the ox, and many traders and investors are holding their bitcoin in anticipation of a bullish market trend. (Shutterstock)Feb 5, 2021 at 8:44 p.m. UTCWhy a Chinese New Year Sell-Off May Not Happen This YearThe lunar Chinese New Year this year is on Feb. 12, right around the corner. But unlike…

Portal, a San Francisco-based fintech provider, raised $34 million to support the development of its bitcoin-based decentralized exchange (DEX), which exited stealth mode on Tuesday.Investors in the round included Coinbase Ventures, Arrington Capital, OKX Ventures and Gate.io, according to an announcement. Portal will also use the funding to advance the development of a non-custodial wallet.Portal

Shiba Inu is partnering with the Content Distribution and Security Association (CDSA) to propose and develop blockchain technology for media and entertainment, with a focus on security and content distribution.The collaboration aims to use blockchain technology to address concerns in the AI sector, such as deepfakes and plagiarism.SHIB, an interconnected family of digital assets and

Oct 18, 2020 at 12:26 UTCA Day in the Life of the SplinternetIn 2030, at the interminable tail end of another hot, smoky summer in Mexico City, the power went out again and she went down into the basement where it was cooler. Other people from the apartment block were already sitting on the gritty…