Cryptocurrency

Foam is accomplishing what few token issuers have: A consistently engaged community that actually uses its token beyond speculation. Following a $16.5 million token sale in 2018, the geolocation data startup has launched a token-curated registry (TCR) with about 140 monthly participants in April and a scavenger hunt that garnered 500 user contributions to its

Crypto theft has greatly reduced this year compared to last year as regulators continue to enhance their scrutiny and the enforcement of anti-money laundering controls. Crypto Theft Could Hit $1 billion Mark Despite being $500 million less than last year, crypto theft could still go well beyond a billion dollars by the end of this

As speculation and impatience arises over the upcoming Bitfinex token sale, opportunistic fakers are creating bogus white papers that purport to describe the details of the upcoming sale. Why? To scam potential buyers out of their cash. “The white paper you all are seeing now is a fake one,” said Dong Zhao, a Bitfinex shareholder.

The Wall Street Journal has reported that Facebook is in talks with various e-commerce companies and financial firms to support its crypto payment that is under development. So far Facebook has engaged MasterCard and Visa about the project that is known as Project Libra. Crypto Payment Facebook is expected to commit $1 billion to the

New details are emerging about a planned $1 billion token sale to be held by iFinex, the parent company of Bitfinex and Tether, two cryptocurrency companies currently being sued by the state of New York for allegedly covering up a $850 million loss in customer funds. Released today on Twitter by known company shareholder and

Another Fundstrat prediction has emerged. This time there’s no messing about; the firm predicts that Bitcoin will hit $20,000 USD next year. You can bet investors are sitting up. Fundstrat has made calls that have come true in the past, so should we listen this time around? Fundstrat Prediction The most recent prediction the research

Belarus-based tokenized securities exchange Currency.com has announced it is launching to the public today after a spell in beta mode since January. The platform – which claims to be the world’s first such exchange – allows investors to directly trade and invest in tokenized financial instruments, with payment being made directly in bitcoin (BTC) or

On May 2, CNBC published an interview with Nikhil Rathi, the CEO of the London Stock Exchange, a 300-year old trading venue. In the interview, Rathi gave hints that the LSE is looking at blockchain technology. Here’s what we know. Enter Your E-mail Address To Subscribe * indicates required Email Address * I want e-mail

Cryptocurrency exchange Binance is continuing to ramp up its regulatory compliance efforts. The exchange has just partnered with blockchain analytics startup Elliptic to boost its compliance and security capabilities, Elliptic announced Thursday. The new partnership – the third relating to compliance in the last two months – will help Binance combat money laundering as it grows

Last week, news about the Bitfinex and Tether issue surfaced when The New York Attorney General’s office said it received a court order against iFinex, the company behind Bitfinex and Tether. While Bitfinex has issued a response to the claims made by the NYAG, the issue hasn’t gone away. If anything, things are worse. On

A new type of decentralized finance (DeFi) app wants to boost crypto-market liquidity by offering you interest on your coins. Today at the Techstars Blockchain Accelerator demo day, Alkemi CEO Ryan Breen will unveil a crypto liquidity pool deal worth $16 million from industry veterans like Joseph Weinberg, chairman of the data network Shyft, and

Back in September, Juventus Soccer Club launched its own ‘fan token’. Now, the partner behind that token, Socios.com, is buddying up with West Ham United. The Socios.com Fan Token Socios.com is a “new app for football fans.” It allows its users to vote on club matters by collecting the fan token that is issued by

Aspiring crypto derivatives provider ErisX took one step closer to its ultimate goal Tuesday with the launch of a spot market. The exchange announced that it will immediately support dollar trading pairs with bitcoin, bitcoin cash, litecoin and ethereum, as well as bitcoin trading pairs with the other three cryptocurrencies at launch. While ErisX has

On Monday, April 29, the SEC said it’s suspending trading of shares in Bitcoin Generation. While a relatively unknown crypto exchange, news of the suspension has traveled far and wide. That said, it’s important to know this is a temporary suspension. In this article, we will discuss everything we know about the Bitcoin Generation suspension. Bitcoin

Daniel Cawrey is chief executive officer of Pactum Capital, a quantitative cryptocurrency investment firm and hedge fund. Sina Nader was a professional money manager at Morgan Stanley as well as Credit Suisse and is now head of investor relations at Pactum. The views expressed are those of the authors and are not investment advice. “History

South Korean tech giant Samsung is reportedly developing its own blockchain network. It’s expected the venture will lead to a Samsung token in the near future. Samsung Blockchain According to an internal source “familiar with Samsung’s internal situation,” the company’s wireless division is building a mainnet based on the Ethereum blockchain. Led by its blockchain task

Binance’s much anticipated decentralized exchange (DEX) has gone live ahead of its planned schedule. The world’s top cryptocurrency exchange by adjusted volume announced the news on Tuesday, saying that while trading will begin “at a later date,” users can now create wallets on Binance DEX and start deposits and withdrawals of the company’s token, BEP2. A representative told

American financial technology firm Ripple, which is responsible for the development of the cryptocurrency XRP, has declared its fiscal first-quarter results. The company, which was founded in 2012, is the largest holder of XRP, the third biggest cryptocurrency in the world, and is based in San Francisco, California. It has offices located around the world.

A looming deadline for the trustee of Mt Gox to file a civil rehabilitation plan has been pushed to the end of October, an update posted to the defunct bitcoin exchange’s website said Thursday. Nobuaki Kobayashi, the trustee, said in the update that though he originally intended to file a plan by April 26, he needs

On Thursday, April 25, reports surfaced that The New York Attorney General’s office is looking into Bitfinex. Specifically, NYAG Letitia James said she had received a court order against iFinex Inc., which is the company behind Bitfinex. The order told them to stop breaking New York law. Here’s what we know. The Bitfinex and Tether

Two Bitfinex shareholders said they were unconcerned by the New York Attorney General’s allegations that the cryptocurrency exchange lost $850 million of client and corporate funds. Zhao Dong, a Bitfinex shareholder who has tried to reassure the crypto community that the exchange is solvent and operational numerous times in the past, told CoinDesk Friday that

The crypto community has known for a while that Facebook might be issuing its own cryptocurrency. And now, it appears the online behemoth might have a little competition. Reports have surfaced that athletic apparel manufacturer Nike is thinking of doing the same. The Oregon-based company even has a name for its digital currency: cryptokicks. Nike

The cryptocurrency markets endured a loss of as much as $10 billion around 21:00 UTC on Thursday, following allegations that the Bitfinex exchange covered up an $850 million shortfall using the U.S. dollar-pegged Tether (USDT) stablecoin. The New York Attorney General’s office alleged in a statement on Thursday that Bitfinex lost $850 million and used customer and

According to a Bloomberg report, notorious crypto enthusiast and antivirus software maker, John McAfee, claims to have spoken with Bitcoin creator Satoshi Nakamoto. Further, he says he will reveal this person’s identity. John McAfee Claims to Know Satoshi Nakamoto When this reveal will be, however, remains unclear, despite McAfee initially telling Bloomberg he would expose

Cryptocurrency exchanges Huobi Japan and Fisco are said to have been investigated by the country’s financial watchdog last week. A Reuters report on Tuesday, citing “two sources familiar with the matter” said that the Financial Services Agency (FSA) visited the two exchanges to assess their customer protection and anti-money laundering (AML) provisions. Japanese exchanges run by

On Tuesday, April 23, Binance announced that its much-awaited decentralized exchange is now live. Here’s what we know so far about the Binance DEX. Binance DEX Now Live Today, Binance, a top crypto exchange, said that the Binance DEX is now live. Trading has not yet commenced, but users can create wallets on the new decentralized

Cryptocurrency exchange Coinbase is shutting down the Chicago office it opened a year ago, eliminating 30 engineering jobs. The San Francisco-based startup’s Chicago division, known as Coinbase Markets, was dedicated to creating sophisticated electronic markets technologies such as matching engines and high-frequency trading for cryptocurrency.   Coinbase said a year on, it had made the

It’s no secret Ripple has been looking for more mainstream adoption. And, based on XRPL Labs’ recent announcement, it appears XRP is on its way to achieving just that. News surfaced this week that XRPL Labs, a Ripple-backed startup, has rolled out a new payments app called XRPayments. Here’s why the app is important. XRPayments

Bitcoin’s price extended its recent gains today by spiking above $5,500 for the first time in over five months. At 04:00 UTC, the world’s premier cryptocurrency, whose market capitalization accounts for more than half of all other cryptocurrencies combined, picked up a bid and saw its price climb as high as $5,650 in less than

Unocoin, a leading crypto exchange in India, is struggling to stay afloat. Why? Because India has promulgated a law banning cryptocurrency-related trading in the country. So why is Unocoin sticking around? There are 14 employees left at Unocoin, after the exchange shaved off 86% of its workforce. The exchange is trying to recover its huge losses