On September 12, Fundstrat CEO Tom Lee and his research colleagues said altcoins were ready to start a long-anticipated rally. Since the start of the “altcoin season”, the market cap for the top 10 tokens initially rose 24%,...
A new research report from TABB Group says the bitcoin over-the-counter (OTC) market may be as much $12 billion compared to the $4 billion estimated to trade on cryptocurrency exchanges daily. In a post on NASDAQ’s newsletter, TABB...
The cryptocurrency recovery was short-lived as the market capitalization of digital currencies shed more than $15.4 billion in Monday trading. Market cap dropped across the board with the biggest losers including Ripple (-18.13%), MonaCoin (-13.87), Siacoin (-12.32%), Status...
Here’s a quick roundup of important cryptocurrency and blockchain news that came across our desk this week. Curated and easily accessed for your weekend reading pleasure. CRYPTOCURRENCY NEWS HIGHLIGHTS Japanese Crypto Exchange Zaif Loses Nearly $60M To Hackers At the...
At the same time the New York State Attorney General issued a 42-page report with concerns about cryptocurrency exchange security and investor protection, Japanese cryptocurrency exchange Zaif was hacked for $59.7 million earlier this week. The loss was...
Pittsburgh-headquartered PNC Financial Services Group Inc’s treasury management division will use Ripple’s xCurrent technology to provide its business clients with faster international payments. Traditional international payments can often take banks as long as a week or more to clear...
New York State Attorney General Barbara Underwood’s office today released findings from a report looking into the “integrity” of cryptocurrency exchanges that are accessible to New York residents. In April 2018, the Virtual Markets Integrity Initiative was launched...
The US Securities and Exchange Commission (SEC) today announced fraud charges against 10 individuals and 10 associated entities for their participation in long-running fraudulent schemes that generated over $27 million from unlawful stock sales and caused significant...
Martin Chavez, CFO of Goldman Sachs, told CNBC that news reports earlier this week of the investment bank dumping plans for a cryptocurrency trading desk were “fake news.” That would also be news to tens of thousands of bitcoin...
Today is the International Day of Charity, a United Nations-sponsored effort to encourage charitable efforts to alleviate poverty worldwide. It’s a time to reflect and consider what we can each do to make a difference on this day...
Guest post by Gabriele Giancola, CEO and Co-founder of qiibee, the Swiss loyalty token protocol helping brands around the world run their loyalty programs on the blockchain. With Singapore Airlines and Delta Air Lines recently introducing a blockchain-based...
In another tale of an investment too good to be true, a South Korea treasure-hunting company – Shinil Group, proposed an ICO in June 2018. The unusual ICO was based on the discovery of $130 billion in gold from...