Cryptocurrency

Cryptocurrency
QuadrigaCX Creditors Disagree About Who Should Be Paid
February 08, 2019

After the death of Gerald Cotten, founder and CEO of failed cryptocurrency exchange QuadrigaCX, customers who have balances are arguing about who should be paid first, according to a report by Coindesk. The contention is between customers who have fiat currency balances (which are tied...

Cryptocurrency
Twitter CEO Supports Instant Bitcoin Payments
February 06, 2019

Jack Dorsey, billionaire tech founder and current CEO of Twitter, said he only owns bitcoin and that he supports the Lightning Network, a bitcoin network update that could make bitcoin payments speedier and less expensive, according to reports. Dorsey tweeted on Tuesday (Feb. 5): “I...

Cryptocurrency
Cold Storage Case File: Death, Crypto And A Lost Password
February 06, 2019

About $190 million lies out of reach for hundreds of thousands of crypto investors. The death of one man, the lone holder of the cryptos held by one exchange in Canada, shows that much remains to be desired when it comes to protecting holdings in...

Cryptocurrency
Crypto’s $2.5 Million Daily Fraud Problem
January 23, 2019

The big bitcoin and crypto breach events are well-known news items. There was the Mt. Gox hack that saw $473 million in bitcoin disappear, the Bitfinex hack in which $72 million in value was lost overnight and the reigning champion crypto hack, the January 2018 Coincheck...

Cryptocurrency
Bitcoin Regains Some Of Its Weekend Losses
January 14, 2019

Bitcoin, the leading cryptocurrency, climbed somewhat from a decline below $3,500 over the weekend, which was its lowest level since Dec. 18. According to MarketWatch, in trading on Monday (Jan. 14), bitcoin was at $3,543.80, marking a 0.7 percent increase from where it was trading on...

Cryptocurrency
SEC Accepts 287 Form D Filings For ICOs
January 11, 2019

Fundraisings accepted by the U.S. Securities and Exchange Commission (SEC) that were related to initial coin offerings (ICO) soared in 2018: According to a Marketwatch analysis, the agency accepted 287 of them last year with stated value of $8.7 billion compared to 44 the prior...

Cryptocurrency
In India, Banks Shy Away From Crypto Use
January 11, 2019

The crypto landscape in India, at least when it comes to banking, may be a bit less indecisive. Turns out the private sector seems to be taking at least some measures into its own hands. As reported by ccn.com, some Indian banks are inking service...

Cryptocurrency
Ripple Hits Customer Milestone, Eyes X-Border Payments Disruption
January 08, 2019

Ripple, the blockchain company that has the XRP digital currency, reached a milestone on Tuesday (Jan. 8) by reaching 200 customers. According to a blog post, Ripple said that in addition to the 200 customers, it has seen a 350 percent increase in customers who...

Cryptocurrency
India Waves Off Plans For State-Backed Crypto
January 04, 2019

Call it the great indecision? The new year has dawned with India’s government stating that it is eyeing cryptos with “due caution” and that there are no “clear recommendations” as to cryptocurrencies. That caution extends to all manner of considerations in the realm, including the...