Tagged: btc

Before US Govt Writes $4.5B Check to Bitfinex, After Seizing 120K in Bitcoin Linked to Exchange’s Hack, Victims May File Legal Action: Report

On August 2, 2016, Bitfinex – notably one of the largest virtual currency exchanges in the world – experienced a massive security breach. In a span of fewer than two hours, around 120,000 Bitcoins (BTC) had been stolen from Bitfinex and spread across 2,075 different… Read More

MoonPay Teams Up with CoinGate, Allowing Bitcoin, Ethereum, Other Digital Asset Purchases

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The team at MoonPay notes that they are pleased to announce that they are now live with CoinGate. This integration, which has been announced after a $555 million Series A at a $3.4 billion valuation, makes it easier for CoinGate’s users to purchase Bitcoin, Ethereum,… Read More

“Bitcoin Family” Moves to Portugal for its 0% Tax on BTC, Other Virtual Currencies

Didi Taihuttu, who is a member of “Bitcoin Family,” is reportedly settling down in Portugal, which is one of Europe’s crypto tax havens, according to a report by CNBC. Settling down in Portugal is a huge deal for the family of five (originally from Netherlands),… Read More

Bitcoin Price Is Experiencing Heightened Correlations with US Equities: Report

The team at digital asset firm Gemini notes that there has been a considerable decline across the wider crypto market, including Bitcoin, since the beginning of 2022. However, Gemini points out in a report shared with CI that non-fungible tokens (NFTs) are “thriving.” The update… Read More

Bitcoin Adoption: El Salvador Government Leverages AlphaPoint to Support Chivo, the First National BTC Wallet

Chivo, which claims to be the world’s first national cryptocurrency wallet, is currently operating with AlphaPoint white label infrastructure. AlphaPoint, which offers fast, scalable financial technology to institutions internationally, is helping El Salvador to provide financial services and access to Bitcoin for almost 4.5 million… Read More

Cryptocurrency Mining Locations Closed Down in Kazakhstan as Local Authorities Claim that They’ve Caused Major Power Shortages

Kazakhstan, which is reportedly the world’s second-largest miner of Bitcoin (BTC), the flagship cryptocurrency, has closed down its digital currency mining operations until the end of this month. Kazakhstan‘s State electricity provider KEGOC decided to cut off the supply to the virtual currency miners after… Read More

Nobel Prize Winning Economist Paul Krugman Argues that Crypto-Assets have “Disturbing” Parallels with Subprime Mortgage Crash

Paul Krugman, an American economist and public intellectual, who is Distinguished Professor of Economics at the Graduate Center of the City University of New York, has warned consumers about the volatile virtual currency markets. Krugman, a Nobel-prize-winning economist, has compared the fast-evolving cryptocurrency markets to the… Read More

Fintech EarlyBird Introduces Cryptocurrency Wallet for Families, a New Way To Build Wealth for Kids

EarlyBird, the platform that aims to make it simpler for parents, family members, and friends to collectively invest in a kid’s future, has announced today the introduction of EarlyBird Crypto. Along with more traditional assets, parents may now choose to add Bitcoin (BTC) and Ethereum… Read More

American Express Chief Exec Says Digital Assets like Bitcoin, Ethereum Aren’t Really a Currency

American Express (NYSE: AXP) Chair and Chief Executive Stephen Squeri seems to have been proven right for his careful approach to introducing digital currency services via the payment company’s platform. In statements shared with Yahoo Finance, Squeri remarked: “What I’ve said from the beginning is… Read More

Bitcoin Mining Report: Analysts Expect to See Multiple Crypto Mining Firms to Complete Listings on the NASDAQ

Brandon Bailey, a crypto mining analyst at Galaxy Digital, notes that a strong Bitcoin bull market, “authoritarian” crackdown on cryptocurrency mining in China and “flight to North America” seems to have flipped the international hashrate economy on its head during 2021. In a recent report,… Read More

Valentin Mihov: Co-founder at Finexify Explains How they Provide DeFi Services to Tech-Savvy Investors

We recently connected with Valentin Mihov, Co-founder, and Chief Investment Officer at Finexify, a boutique investment company that offers an opportunity to gain exposure to the decentralized finance (DeFi) space. The team at Finexify thinks that limited access to DeFi means “extraordinary” alpha with limited… Read More

Beth Kurteson from Gemini Provides Extensive Updates on Bitcoin (BTC) focused Opportunity Fund

Beth Kurteson, MD at digital assets firm Gemini, notes that the company is committed to tapping into the future of financial, creative, and “personal freedom” via crypto. Beth writes in a blog post that central to that effort is the work they do “to support… Read More

Historical Volatility, Technical Patterns, On-chain Activity Indicate that Macro Bitcoin (BTC) Bull Run Isn’t Over: Report

The team at digital assets firm Kraken notes that if 2020 was the year of the bull, 2021 was the year that “crypto went mainstream.” During the past year, they claim to have “witnessed leaps in adoption, infrastructure, regulation, and policy — not to mention… Read More

Digital Asset Firm Coinbase Announces Developer Grant Winners, Managed via a “Giving” Initiative

Trent Fuenmayor, Program Manager, Coinbase Giving, has announced the initiative’s second developer grant recipients. In August of last year, Coinbase (NASDAQ:COIN) via their Giving initiative, made a call for applications via their Crypto Community Fund that is “focused on blockchain developers who contribute directly to a… Read More

NYDIG Subsidiary Bottlepay Now the First Lightning Firm to be a Registered Crypto-Asset Business with the UK’s FCA

NYDIG, a Bitcoin company, announced that its subsidiary Bottlepay, a Bitcoin-based international payments company, has been granted registration as a Cryptoasset Business from the United Kingdom’s Financial Conduct Authority (FCA). Bottlepay is one of a small number of crypto-asset companies to have secured this type… Read More

Analysts at Blockstream Predict Huge Year for Liquid Network, STOs, as Bitcoin Price Continues to Decline: Report

Bitcoin-focused tech firm Blockstream notes in their Markets Weekly Report that BMN is launching a capital raise via Bitfinex Securities in the coming days. Meanwhile, El Salvador is preparing its regulatory framework for the upcoming BTC bond, and Goldman Sachs (NYSE:GS) recently stated that BTC… Read More

Kraken Is Now Supporting Trading with Kintsugi (KINT), a Network Allowing Users to Create a Bitcoin backed Asset

The team at digital asset platform Kraken notes that they’re pleased to announce that Kraken now supports Kintsugi (KINT). Funding and trading for the Kintsugi (KINT) token is live (as of January 6, 2022), and trading will “begin shortly.” You may keep an eye on… Read More

Crypto Markets Massively Outperformed Other Asset Classes Last Year, Reasonable to Expect Market Crash in 2022: Report

The team at Blockchain.com, a leading block explorer, crypto wallet, and trading platform, says that 2021 witnessed a “fourth” major bull cycle for Bitcoin (BTC) and other crypto-assets. Historically, in the years that followed the previous large bull markets, we’ve seen “a struggle to hold gains… Read More

Bitcoin focused Tech Firm Casa Comments on Major Privacy and Security Issues Experienced in 2021

The team at Bitcoin-focused firm Casa recently shared some notable privacy and security stories from last year. Casa wrote in a blog post that as technology continues to make advances, the world of privacy and security changes along with it. The end of 2021 saw… Read More

Bitcoin Supply Increased by Only 1.8% in 2021, Ethereum EIP-1559 Considered Largely Successful, Coin Metrics Reports

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Kyle Waters and Nate Maddrey from Coin Metrics have noted that after a “transformative” 2021 marked by all-time highs for most of the major digital assets and “key on-chain metrics,” expectations are now quite high for the crypto and blockchain space this year. In their… Read More

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