While speaking on a recent panel, Elizabeth Schulze, CNBC technology correspondent, explained how Bitcoin’s long-term survival as an asset and currency depends upon people believing in it. Bitcoin’s Long-Term Survival Will Be Determined By Its Users The current price action witnessed with Bitcoin, is enough to shake even the strongest investor’s hands. The continued price decline… Continue reading CNBC Tech Correspondent: Bitcoin’s Survival Hinges on People Believing in It
Category: Crypto
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Blockchain Capital, Coinbase Invest $12.75 Million in Security Token Issuance Platform
A number of high profile companies within the cryptocurrency space have invested in Securitize, a primary issuance platform for asset-backed security tokens on the blockchain. The startup raised $12.75 million in a Series A funding round led by San Francisco-based VC firm Blockchain Capital. Coinbase Ventures, Ripple, NXTP, and Global Brain Corporation have also invested.… Continue reading Blockchain Capital, Coinbase Invest $12.75 Million in Security Token Issuance Platform
Bulgarian Authorities Arrest Three Suspects over Alleged Crypto Theft Worth $5 Million
Three individuals from Bulgaria were arrested over the suspected theft of nearly $5 million in crypto like Bitcoin and Ethereum. Three Bulgarians Arrested over Crypto Theft Authorities in Bulgaria arrested and charged three suspects with the alleged theft of $5 million in cryptocurrencies, according to the prosecution, and the ministry of interior – a branch… Continue reading Bulgarian Authorities Arrest Three Suspects over Alleged Crypto Theft Worth $5 Million
Crypto Week In Review: Binance Makes OTC Desk Investment, Bakkt Delays Bitcoin Futures
As 2018 bids its last farewells, the crypto market has stuttered, with a majority of crypto assets establishing new year-to-date lows, leading many analysts to express their sentiment that capitulation is officially occurring. However, the peculiar performance of the market hasn’t fazed this industry’s leading constituents. Binance, for one, continued its investment spree, siphoning millions… Continue reading Crypto Week In Review: Binance Makes OTC Desk Investment, Bakkt Delays Bitcoin Futures
No, Governments Can’t do a Better Job Developing Crypto
Would a state-backed cryptocurrency be better than its decentralized counterpart? International media has already rolled out their opinions on the matter. It’s a YES-IT-CAN. The opinions find their inspirations in comments made by Christine Lagarde last week. The head of the International Monetary Fund (IMF) said that a government-backed cryptocurrency would eliminate the issues of trust that… Continue reading No, Governments Can’t do a Better Job Developing Crypto
Bitcoin Cash Extends Loss to 7%, at Risk of Dipping to New All-Time Low
Bitcoin Cash (BCH) remains bearish on Friday as the vortex adjoining last week’s controversial hard fork continued to inject the market with negative sentiments. The BCH/USD, after aggregating market cap of the original BCH and the forked Bitcoin ABC, is trading at 206.79, down 6.57 percent from its intraday high at 221.34. The pair in… Continue reading Bitcoin Cash Extends Loss to 7%, at Risk of Dipping to New All-Time Low
Twitter on the Defensive, Blames Third-Party App for Recent Scams
Twitter is pointing the finger at an unnamed third-party app as the party responsible for a string of cryptocurrency giveaway scams in recent weeks involving some major brands. Throughout the year, the popular social media platform Twitter has been in a losing battle against a massive botnet and cybercriminals who are hijacking prominent, verified accounts… Continue reading Twitter on the Defensive, Blames Third-Party App for Recent Scams
SEC Orders Airfox and Paragon to Return Millions to Investors on ICO Registration Violations
The U.S. Securities and Exchange Commission (SEC) has settled charges against two cryptocurrency companies which were accused of violating ICO securities offering registration rules. Both firms, Carrier EQ (Airfox) and Paragon Coin sold digital tokens in ICOs in 2017 after the regulator’s official stance on the ICO. Some crypto fundraisers can be considered securities offerings, according to… Continue reading SEC Orders Airfox and Paragon to Return Millions to Investors on ICO Registration Violations
OkCoin Exchange Launches Operation in Argentina in Conquest of Latin America
OkCoin, a leading digital asset platform for fiat and token trading headquartered in Beijing, has expanded its operation to Argentina and is about to do the same in other Latin America countries. Instiutional and retail customers are now able to exchange the Argentine peso for any cryptocurrency included in its offering. OkCoin Offers Fiat-to-Crypto Exchange… Continue reading OkCoin Exchange Launches Operation in Argentina in Conquest of Latin America
Swedish Man Sent to Prison for Mailing Bomb to Bitcoin Firm CryptoPay
A Swedish man suspected in a case involving a bomb being mailed to a Bitcoin firm has been convicted of attempted murder and is facing up to seven years in prison. Swedish Bitcoin Bomber Convicted of Attempted Murder According to the Associated Press, Michael Salonen, age 43, has been sentences to up to seven years… Continue reading Swedish Man Sent to Prison for Mailing Bomb to Bitcoin Firm CryptoPay