Binance releases a first version of its decentralized crypto exchange

Binance releases a first version of its decentralized crypto exchange

Binance, the world’s largest crypto exchange, has launched an initial version of its highly-anticipated decentralized trading service (dex) today which is available now at testnet.binance.org. The launch — which is initially a testnet as the URL suggests — has been a long time coming and it is designed to complement the main Binance exchange, which does… Continue reading Binance releases a first version of its decentralized crypto exchange

Elon Musk: Bitcoin is ‘Brilliant, Far Better’ than Paper Money; Tesla Isn’t Jumping in Just Yet

Elon Musk: Bitcoin is ‘Brilliant, Far Better’ than Paper Money; Tesla Isn’t Jumping in Just Yet

account suspended by Twitter.Musk discussed this and more in a very lighthearted interview with Ark Invest.We had @elonmusk on the latest episode of @ARKInvest’s podcast!He had a few things to say about Bitcoin.”Paper money is going away and cryptocurrency is a far better way to transfer value than pieces of paper.” – Elon Muskhttps://t.co/U5qOnM7nBo— Yassine… Continue reading Elon Musk: Bitcoin is ‘Brilliant, Far Better’ than Paper Money; Tesla Isn’t Jumping in Just Yet

Mastercard, Visa Greed Could be the Catalyst For Merchants Accepting Bitcoin

Mastercard, Visa Greed Could be the Catalyst For Merchants Accepting Bitcoin

Visa and Mastercard are reportedly on the cusp of hiking fees they charge merchants who accept credit and debit cards.They could hike the fees they charge merchants as early as April, according to the Wall Street Journal.While the behemoth credit card payment processors anticipate the move will help them further line their financial coffers, merchants… Continue reading Mastercard, Visa Greed Could be the Catalyst For Merchants Accepting Bitcoin

Mike Novogratz-Backed BitGo Offers $100 Million in Crypto Insurance

Mike Novogratz-Backed BitGo Offers $100 Million in Crypto Insurance

press release, the company said the $100 million of insurance coverage protects custodial assets held by BitGo against:Third-party hacks.Insider theft by employees of private keys.Physical loss or damage of private keys.Mike Belshe, the CEO of BitGo, touted the new service:“This is the most complete insurance offering in the industry. It is not always easy for… Continue reading Mike Novogratz-Backed BitGo Offers $100 Million in Crypto Insurance

How to Invest Like Ethereum’s Vitalik Buterin

How to Invest Like Ethereum’s Vitalik Buterin

an Ask Me Anything session on Reddit by disclosing his current crypto holdings and other financial interests.Based on Buterin’s statement, we can estimate that he owns less than $5 million in cryptocurrencies besides Ethereum and ETH-based tokens. We arrivate at this round figure by looking at his publicly available wallet and his statements. In Ethereum… Continue reading How to Invest Like Ethereum’s Vitalik Buterin

‘Our Cash Went to Something’: Customers Hunt for Bankrupt Crypto Exchange’s Missing Millions

‘Our Cash Went to Something’: Customers Hunt for Bankrupt Crypto Exchange’s Missing Millions

On a rainy January day, Jason Campbell drove for three hours from his home in Quebec City to a two-story office building in the Montreal suburb of Laval. He thought he would be picking up $1,000—in cash—he had stored at cryptocurrency exchange QuadrigaCX. But the door of a suite on the building’s second floor was… Continue reading ‘Our Cash Went to Something’: Customers Hunt for Bankrupt Crypto Exchange’s Missing Millions

The Ledger: JPM Coin Isn’t a Cryptocurrency, Mt. Gox Relaunch?, Bitcoin Breaks $4,000

The Ledger: JPM Coin Isn’t a Cryptocurrency, Mt. Gox Relaunch?, Bitcoin Breaks $4,000

Welcome! To bring you the best content on our sites and applications, Meredith partners with third party advertisers to serve digital ads, including personalized digital ads. Those advertisers use tracking technologies to collect information about your activity on our sites and applications and across the Internet and your other apps and devices. You always have… Continue reading The Ledger: JPM Coin Isn’t a Cryptocurrency, Mt. Gox Relaunch?, Bitcoin Breaks $4,000

Elon Musk says Tesla won’t be getting involved with cryptocurrency

Elon Musk says Tesla won’t be getting involved with cryptocurrency

Aly Song | Reuters Tesla CEO Elon Musk and Shanghai’s Mayor Ying Yong attend the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. Despite tweeting about bitcoin, Elon Musk says his electric car company is steering clear of cryptocurrencies. The world’s first and largest digital currency is “interesting,” and could be a… Continue reading Elon Musk says Tesla won’t be getting involved with cryptocurrency

$8 Billion Coinbase Faces Backlash for Latest Acquisition

$8 Billion Coinbase Faces Backlash for Latest Acquisition

Chainalysis competitor Neutrino in an effort to enhance its compliance efforts and regulatory relationships. Neutrino uses blockchain analytics to identify potential money laundering or other illegal transactions on the blockchain. Until its acquisition, it was one of a few companies growing in the space of analyzing blockchains. Its work mainly benefits crypto exchanges, regulators, and other… Continue reading $8 Billion Coinbase Faces Backlash for Latest Acquisition

Crypto Expert Warns Not to Trust the Bitcoin Rally

Crypto Expert Warns Not to Trust the Bitcoin Rally

Forbes. “That’s part of the reason I’m really thankful that we’re in the position we are right now.“We can hedge ourselves, remain more neutral, and not have to call that exact price or timing bottom. I’m not confident right now. Our portfolio is relatively neutral. We have cash and short positions.”Sunnarborg Prefers Scorched-Earth ApproachSunnarborg — … Continue reading Crypto Expert Warns Not to Trust the Bitcoin Rally

Billionaire Bitcoin Bull Tim Draper Has a Wild 5-Year Prediction for Cash and Crypto

Billionaire Bitcoin Bull Tim Draper Has a Wild 5-Year Prediction for Cash and Crypto

$89 million richer for sticking to his Bitcoin guns. He was steadfast while others, including JP Morgan CEO Jamie Dimon, made jokes about Bitcoin being tulips.FOMA, or simply recognizing the staying power of cryptos, JP Morgan shocked the financial community this month when it announced it would be the first major institutional bank to release… Continue reading Billionaire Bitcoin Bull Tim Draper Has a Wild 5-Year Prediction for Cash and Crypto

Top Ethereum Developer Afri Schoedon Just Rage-Quit

Top Ethereum Developer Afri Schoedon Just Rage-Quit

Afri Schoedon, a long-time Ethereum contributor, abruptly quit working on the second-largest cryptocurrency. A few days ago, Schoedon tweeted a meme that said “Polkadot delivers what Serenity ought to be. Change my mind.” The meme raised ire on Reddit, and the situation devolved from there until the developer quit early this morning.I did not quit… Continue reading Top Ethereum Developer Afri Schoedon Just Rage-Quit

Nasdaq’s Bitcoin Index is a Bigger Deal Than Investors Think: It Could Lead to Much Bigger Things

Nasdaq’s Bitcoin Index is a Bigger Deal Than Investors Think: It Could Lead to Much Bigger Things

said:“NASDAQ to add a bitcoin index on its platform. They are reading the writing on the wall and don’t want to get left behind. There is no stopping this. Adoption happens gradually right in front of you, until you finally pause, look around, and bitcoin is the dominant asset.”“This is big news. The launch of… Continue reading Nasdaq’s Bitcoin Index is a Bigger Deal Than Investors Think: It Could Lead to Much Bigger Things

‘Our Cash Went to Something’: Customers Hunt for Bankrupt Crypto Exchange’s Missing Millions

‘Our Cash Went to Something’: Customers Hunt for Bankrupt Crypto Exchange’s Missing Millions

On a rainy January day, Jason Campbell drove for three hours from his home in Quebec City to a two-story office building in the Montreal suburb of Laval. He thought he would be picking up $1,000—in cash—he had stored at cryptocurrency exchange QuadrigaCX. But the door of a suite on the building’s second floor was… Continue reading ‘Our Cash Went to Something’: Customers Hunt for Bankrupt Crypto Exchange’s Missing Millions

Newsflash: Bitcoin Price Hits 40-Day High, is $5,000 Next?

Newsflash: Bitcoin Price Hits 40-Day High, is $5,000 Next?

entered the US trading session on an incline, building upon the gains it consolidated following its last jump on Feb. 8.Shortly after 14:40 UTC, one or more major buy orders caused the bitcoin price to surge, enabling it to touch the $4,000 level before settling back to a present value of $3,955 on Bitstamp.The bitcoin… Continue reading Newsflash: Bitcoin Price Hits 40-Day High, is $5,000 Next?

Dow Futures Eye Feeble Open, But is Bitcoin on the Verge of a Historic Recovery?

Dow Futures Eye Feeble Open, But is Bitcoin on the Verge of a Historic Recovery?

The US stock market appears doomed to make a weak entry into the week’s first trading session following Monday’s Presidents’ Day holiday, as the Dow and its sister indices are all forecasting opening bell declines. The bitcoin price, on the other hand, burst out of a prolonged period of stagnancy and has many investors questioning… Continue reading Dow Futures Eye Feeble Open, But is Bitcoin on the Verge of a Historic Recovery?

Bitcoin Mining Giant Bitmain Reveals $500 Million Loss; End of the IPO Dream?

Bitcoin Mining Giant Bitmain Reveals $500 Million Loss; End of the IPO Dream?

CoinDesk reports.Citing a source who viewed an update that was filed with the Hong Kong Stock Exchange the publication also reported that Bitmain generated revenues of more than $3 billion during the first three quarters of 2018 with only $200 million being generated in Q3.The loss is evidence that the crypto bear market has dampened… Continue reading Bitcoin Mining Giant Bitmain Reveals $500 Million Loss; End of the IPO Dream?

Traders raised their bets on bitcoin to the highest level in 11 months

Traders raised their bets on bitcoin to the highest level in 11 months

Bitcoin, left for dead by many investors, has been on a tear of late and is attracting significant interest from speculators.Why it matters: Traders raised their bullish bets on bitcoin to the highest level in 11 months on Monday, data from cryptocurrency exchange Bitfinex shows, and traders are continuing to pile into the cryptocurrency.By the… Continue reading Traders raised their bets on bitcoin to the highest level in 11 months

Coinbase buys blockchain intelligence startup to boost security and new asset discovery

Coinbase buys blockchain intelligence startup to boost security and new asset discovery

Coinbase, the world’s most valuable crypto company, is gearing up to add more cryptocurrencies to its exchange thanks to its latest acquisition. We already know the firm wants to a glut of new crypto assets, but today it announced it has snapped up blockchain intelligence startup Neutrino in an undisclosed deal that seemed destined to… Continue reading Coinbase buys blockchain intelligence startup to boost security and new asset discovery

$1.3 Million Bitcoin Scam Swindles Victims in Thailand. Are Tougher Crypto Regulations Necessary?

$1.3 Million Bitcoin Scam Swindles Victims in Thailand. Are Tougher Crypto Regulations Necessary?

defrauding an investor of $24 million in bitcoin. Although Thailand is a booming market for cryptocurrencies, is it time for tougher regulations to crack down on scams and frauds?Victims report alleged blockchain mining scam https://t.co/W0dgXJ54j3— Bangkok Post (@BangkokPostNews) February 19, 2019The $1.35 Million Bitcoin Scam, ExplainedThe victims claim they were tricked into investing with the… Continue reading $1.3 Million Bitcoin Scam Swindles Victims in Thailand. Are Tougher Crypto Regulations Necessary?

Bitcoin Hits Highest Volume in 9 Months: is Crypto Ready For Trend Reversal After Massive Gains?

Bitcoin Hits Highest Volume in 9 Months: is Crypto Ready For Trend Reversal After Massive Gains?

Bitcoin price neared the crucial $4,000 resistance level.Bitcoin price is nearing $4,000 in a bull-run rarely seen in recent months. Source: TradingViewMajor crypto assets in the likes of EOS, Ethereum, and Bitcoin Cash recorded gains in the range of 10 to 30 percent.Most cryptocurrencies have started to see record high volumes across leading cryptocurrency exchanges,… Continue reading Bitcoin Hits Highest Volume in 9 Months: is Crypto Ready For Trend Reversal After Massive Gains?