Tag Archives: Cryptocurrency

Coinbase Hiring Spree Continues, LinkedIn Executive Dives Into Crypto

Coinbase Welcomes Michael Li As revealed by TechCrunch on Tuesday morning, Michael Li has just dropped his role in a legacy industry to make a foray into crypto, in the form of an executive position at Coinbase, unarguably one of the leading crypto-focused startups in this up and coming industry. Coinbase poaches LinkedIn’s head of data Michael Li… Read More »

New York Regulator: Binance And Kraken Are Susceptible To Manipulation

US Regulator Calls Out Leading Crypto Exchanges On Tuesday, as relayed by Bloomberg, Barbara Underwood, New York State’s Attorney General, unexpectedly released a report that highlighted her office’s thoughts on crypto exchanges. According to the well-established regulator, a minimum of three crypto exchanges can be facilitating operations that would be classified as illegal in the state of New York, which… Read More »

Market Bounces — “Crypto Will End The Year On A Bright Note”

Bitcoin Moves Back Above $6,300, Ethereum at $210 — Sea Of Green After a short period of weakness on Monday, which saw the leading cryptocurrencies capitulate by upwards of 10% in some cases (Bitcoin -3%, Ethereum -10%, etc.), optimistic speculators had a chance to breath a sigh of relief on Tuesday, as the market underwent a healthy bounce… Read More »

British Football Clubs Planning to Launch Their Own Cryptocurrencies

Newcastle United and Cardiff City, two English Premier League football teams, would be considering the issuance of an ICO as a means to obtain additional funds to improve their squads and stay in the first division of the English league. According to a report published by the British newspaper The Times the two clubs would be in conversations… Read More »

Tom Lee: “It Is a Mistake To Be Bearish When You’re Already Down”

Bitcoin is not dead, and the best investment opportunities arise when the picture is not bright. This is how Tom Lee, Co-founder of Fundstrat and expert analyst of the crypto markets thinks. Speaking at the ChainXChange conference in Las Vegas, Tom Lee expressed his bullish vision of cryptos in the long term. For him, it makes no sense… Read More »

US Confiscates Millions in Cryptocurrencies in Alphabay Forfeiture Case

This month the US District Court of Eastern California has been very busy dealing with cases involving the infamous and now defunct darknet marketplace the Alphabay. The Federal courthouse in Fresno just recently wrapped up the forfeiture case involving the alleged Alphabay leader Alexandre Cazes. Further, the Fresno courthouse has charged and have plans to indict multiple Alphabay… Read More »

Blockchain CEO: Cryptocurrency Prices will Slowly Recover Towards Year-End

Cryptocurrency prices have been hovering near their year-to-date lows as of late, with Bitcoin dominance near its yearly high and many altcoins down 80% or more. Although investors are losing confidence in the markets and things look bleak, one person familiar with the space believes that prices will begin to climb towards the end of 2018. Josh Fraser,… Read More »

Dubai Security Chief Wants Stricter Cryptocurrency Laws

Dubai security chief noted that stricter measures need to be put in place for cryptocurrency laws, to ensure investors’ protection. The Use of Cryptocurrency in Electronic Crimes Assistant-Commander of the Criminal Investigation Department (CID), Major-General Khalil Ibrahim Al Mansouri, said that the public was not enlightened on the dangers of virtual currency. This made them easy targets for… Read More »

New Finance Chief Calls for Greater Cryptocurrency Investment in Zimbabwe

The newly appointed Zimbabwean Finance Minister is calling on Zimbabweans to invest in cryptocurrency, as the minister see this as a way out of the current crisis. Cryptocurrency Can Solve Zimbabwe’s Currency Crisis According to ITWebAfrica, new Zimbabwean Finance Minister, Mthuli Ncube, is urging the country’s apex bank to adopt digital currency like other countries. Mthuli believes that… Read More »

SEC Chairman Clarifies The Comments On Ethereum (ETH) Were Non-Binding and ‘not the Law’

Back in mid June, SEC Commissioner William Hinman, publicly stated that Ethereum (ETH) was not a security. Commissioner Hinman, who is the Divisional Head of Corporate Finance at the regulatory body, made the remarks at the Yahoo All Markets Summit in San Francisco. To be specific, he stated the following with regards to Ethereum: And putting aside the… Read More »