Tagged: bitcoin

July 23, 2020 @ 12:41 am By Omar Faridi  |  

Ryan Radloff, CEO at Kingdom Trust, an independent qualified digital asset custodian that’s regulated by the South Dakota Division of Banking, has confirmed that most US residents don’t hold any Bitcoin (BTC) in their retirement accounts. Radloff, whose comments came during a recent interview with… Read More

July 22, 2020 @ 4:04 pm By JD Alois  |  

The Ontario Securities Commission (OSC) has approved a settlement agreement with Coinsquare Ltd., a top crypto exchange based in Canada. According to the OSC, Coinsquare executives  Cole Diamond, Virgile Rostand and Felix Mazer have settled allegations of market manipulation on the Coinsquare platform that mislead… Read More

July 22, 2020 @ 3:29 pm By Samantha Hurst  |  

  ShapeShift AG, an instant exchange for Bitcoin digital currency and other blockchain assets, announced on Wednesday the launch of its Bitcoin mobile app. According to ShapeShift, the app allows users to buy, trade, and transfer digital assets such as Bitcoin and Ehtereum without using… Read More

July 20, 2020 @ 9:28 am By Samantha Hurst  |  

  DigitalMint, a U.S.-based Bitcoin point-of-sale provider, announced on Monday it has formed a partnership with Answers, Etc., a financial services software provider. DigitalMint reported that by integrating with Answers, Etc.’s financial service center point-of-sale system, Tier3, the collaboration will provide a “simple” way for… Read More

July 19, 2020 @ 1:14 pm By Omar Faridi  |  

San Francisco-based Cloudflare, a web-infrastructure and website-security firm, offering content-delivery-network services, DDoS mitigation, Internet security, and distributed DNS services, experienced downtime again on July 17, 2020. Whenever Cloudflare goes down or has some other type of technical difficulties, it immediately affects millions of websites that… Read More

July 18, 2020 @ 10:06 am By Omar Faridi  |  

The first half of 2020 has been negatively impacted by the global COVID-19 outbreak, including the nascent Bitcoin (BTC) and the alternative asset sector. Several blockchain and crypto firms such as TAGZ, an Australian digital currency exchange, and investment company Adaptive Capital have been forced… Read More

July 17, 2020 @ 9:20 pm By Omar Faridi  |  

The Securities Commission Malaysia (SC) recently warned local consumers and businesses against the usage of Cryptocurrency Automatic Teller Machines (Crypto ATMs). Crypto ATMs are machines that let individuals purchase and sell digital assets through cash, debit or credit cards or electronic wallets. These machines have… Read More

July 16, 2020 @ 4:02 pm By JD Alois  |  

The dust is yet to settle in the Twitter (NYSE:TWTR) hack that saw multiple high profile accounts hacked. Twitter continues to dig through the breech and earlier today, Twitter provided some additional insight as to how the individual was able to exploit the platform. Tough… Read More

July 15, 2020 @ 11:15 pm By Omar Faridi  |  

Three key events defined the Ethereum (ETH)-dominated decentralized finance (DeFi) space during Q2 2020. As mentioned in ConsenSys’ Q2 2020 DeFi Ecosystem Report, these events included: Bitcoin on Ethereum overtaking BTC on the Lightning Network (LN), three critical security incidents that led to $26 million… Read More

July 15, 2020 @ 9:47 pm By Omar Faridi  |  

Paxful, a leading peer to peer (P2P) Bitcoin (BTC) marketplace, says it plans to promote greater financial inclusion across the globe. The P2P exchange confirmed on July 14, 2020 that it has surpassed $4.6 billion in trading volume and processed around 4.5 million digital wallet… Read More

July 15, 2020 @ 6:00 pm By JD Alois  |  

Twitter (NYSE:TWTR) was hacked today and the perps used prominent accounts to pilfer crypto, according to multiple reports. Apple, Uber, Elon Musk, Bill Gates, Joe Biden, Warren Buffet, and yes, even Kanye West more were said to be targets of the scam. The Tweets were… Read More

July 15, 2020 @ 2:25 pm By Samantha Hurst  |  

Digital bank Revolut announced on Wednesday that Revolut U.S. has officially made its debut. According to Revolut, U.S. customers are now able to buy, hold, and exchange Bitcoin as well as Ethereum. Users may also automatically round-up their spare change from their Revolut card into… Read More

July 15, 2020 @ 11:59 am By JD Alois  |  

Grayscale, a digital currency asset manager, is reporting growing interest in its crypto-focused funds. In fact, during Q2, total investment into Grayscale’s products hit $905.8 million. That is double what was previously reported in Q1 and 1.5X the entire amount of capital raised during 2019…. Read More

July 14, 2020 @ 11:39 pm By Omar Faridi  |  

San Francisco-based Paradigm, a digital asset investment company, has reportedly awarded a Bitcoin Core development grant to Anthony Towns, an Australian BTC developer. The cryptocurrency investment firm is well-known for backing Argent, the developers of an Ethereum wallet for decentralized finance (DeFi). Paradigm also supports… Read More

July 12, 2020 @ 1:41 pm By Omar Faridi  |  

Gary Guthrie from ConsumerAffairs notes that the July 15, 2020 tax-filing deadline for US taxpayers is approaching, and the Internal Revenue Service (IRS) plans to ensure that US residents have the appropriate tools and services to assist them with filing taxes and meeting their obligations…. Read More

July 12, 2020 @ 11:34 am By Omar Faridi  |  

UK-based digital asset exchange Cashaa has reportedly suffered a security breach which led to  hackers allegedly stealing over 336 Bitcoins (BTC), an amount valued at just over $3.1 million at the time of writing. Cashaa confirmed that it has suspended all the cryptocurrency-related transfers on… Read More

July 11, 2020 @ 5:44 pm By Omar Faridi  |  

Bitcoin (BTC), the flagship cryptocurrency’s correlation with gold has weakened following the COVID-19 outbreak and resulting economic uncertainty. However, the digital asset’s correlation with the S&P 500 stock market index appears to be getting stronger, according to research report from crypto exchange Kraken. Kraken Intelligence,… Read More

July 11, 2020 @ 4:39 pm By Omar Faridi  |  

LedgerX, a regulated cryptocurrency derivatives exchange, will be partnering with T3 in order to launch a new Bitcoin (BTC) volatility index. Zach Dexter, CEO at LedgerX, said that, initially, the index will just be a reference for digital asset traders. LedgerX and T3, a research-focused… Read More

July 11, 2020 @ 9:46 am By Omar Faridi  |  

There are currently more than 13,000 Bitcoin addresses that are now holding at least $1 million worth of BTC, according to Glassnode data. You would have to own around 108 BTC, at current prices, to become a US dollar millionaire (in Bitcoin). The number of… Read More

July 6, 2020 @ 8:10 am By Omar Faridi  |  

  Expedia has revealed that it will now allow its 700,000+ accommodations to be booked with digital currency payments via Travala.com, a crypto hotel booking platform. Travala.com’s management confirmed on July 6, 2020 that the company had added Expedia’s accommodations to its crypto-powered travel platform’s… Read More