Galaxy Digital faced further losses in Q3, bringing its total losses in 2018 up to $136 million. Mike Novogratz’s crypto investment bank Galaxy Digital has lost $136 million in the first three quarters of 2018, Bloomberg reports Nov. 28. According to Bloomberg, Galaxy Digital’s realized and unrealized losses in Q3 amounted to $41 million, which… Continue reading Galaxy Digital Lost $136 Million in the First Three Quarters of 2018
Category: Altcoin
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Report: Zug Court Shuts Down Swiss Off-Grid Mining Firm Envion AG
The cantonal court of Zug, Switzerland has reportedly shut down and ordered the liquidation of mining firm Envion AG, that uses clean energy to mine cryptocurrency. The cantonal court of Zug, Switzerland has shut down cryptocurrency mining firm Envion AG for an alleged unauthorized Initial Coin Offering (ICO), German news outlet Handelsblatt Global reported Nov.… Continue reading Report: Zug Court Shuts Down Swiss Off-Grid Mining Firm Envion AG
Binance Renames Its USDT Market to Combined Stablecoin Market
Binance has announced it is renaming and expanding its USDT market to USDⓈ, which will support more stablecoins. Major cryptocurrency exchange Binance has renamed its Tether (USDT) Market to be a combined Stablecoin Market (USDⓈ), according to an announcement published Nov. 26. This will purportedly allow the exchange to support more trading pairs of stablecoins.… Continue reading Binance Renames Its USDT Market to Combined Stablecoin Market
Crypto Markets See Mild Volatility on The Day, Fail to Hold Sharp Rebound Trend
Crypto markets have seen little volatility on the day, failing to hold a sharp rebound momentum, outlier Bitcoin Gold is up 10 percent. Saturday, Nov. 23: crypto markets have seen some volatility on the day, but failed to hold a sharp rebound attempt. The top 20 cryptocurrencies by market cap are seeing their prices stabilize… Continue reading Crypto Markets See Mild Volatility on The Day, Fail to Hold Sharp Rebound Trend
Crypto Hardware Wallet Ledger Resumes Bitcoin Cash Services
Cryptocurrency wallet Ledger has re-enabled its Bitcoin Cash services such as adding accounts and sending the altcoin. Bitcoin Cash (BCH) services for cryptocurrency hardware wallet Ledger have resumed, according to an announcement published Nov. 23. Ledger suspended its BCH service on Nov. 14 in anticipation of the cryptocurrency’s hard fork “to prevent unwanted transactions and… Continue reading Crypto Hardware Wallet Ledger Resumes Bitcoin Cash Services
US: Crypto Initiative Donates Monero to Bail Out Immigrants in ICE Detention
In order to help immigrants in ICE custody pay their immigration bonds, the Bail Bloc project mines XMR using volunteers’ computer power. The Bail Bloc initiative has started using cryptocurrency raised through charity to help people get out of U.S Immigration and Customs Enforcement (ICE) pretrial incarceration, according to a tweet posted by a Bail… Continue reading US: Crypto Initiative Donates Monero to Bail Out Immigrants in ICE Detention
Ahead of Bitcoin Cash Hard Fork, The Coin’s Competing Visions Vie for Hash Rate
Data from Coin Dance shows that a majority of hash power favors Bitcoin Cash SV over Bitcoin Cash ABC, the version supported by crypto evangelist Rover Ver. As the Nov. 15 Bitcoin Cash hard fork draws closer, a majority of hash power favors the Bitcoin Cash SV iteration favored by Australian computer scientist Craig Wright’s… Continue reading Ahead of Bitcoin Cash Hard Fork, The Coin’s Competing Visions Vie for Hash Rate
Hodler’s Digest, November 5-11: Star Trek’s Captain Kirk Defends ETH Decentralization, While Fake Elon Musks Overrun Twitter
The central bank is China comes out against crypto air drops, while a flood of fake Elon Musks take Twitter promising crypto giveaways. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions,… Continue reading Hodler’s Digest, November 5-11: Star Trek’s Captain Kirk Defends ETH Decentralization, While Fake Elon Musks Overrun Twitter
Cybersecurity Firm Ranks Safety of Top Crypto Exchanges
Russian cybersecurity firm Group-IB has graded top crypto exchanges by their security in order to value risk insurance. Prominent cybersecurity firm Group-IB has graded the security of top crypto exchanges, U.S.-based tech news media the Next Web reported Tuesday, Nov. 6. According to research conducted by the Moscow-based firm in partnership with crypto asset insurance… Continue reading Cybersecurity Firm Ranks Safety of Top Crypto Exchanges
Texas Regulator Issues Cease and Desist Order to Cloud Mining Company
Texas regulators have issued a cease and desist order to a cloud mining company for selling unregistered securities, among other alleged offences including fraudulent behavior. The Texas State Securities Board has issued an emergency cease and desist order to an Australia-based cloud mining company AWS Mining PTY LTD for selling unregistered securities, according to an… Continue reading Texas Regulator Issues Cease and Desist Order to Cloud Mining Company