When the chips are down … you find out who your friends are. When the chips are really down … you find out that chip makers really don’t have the stomach to put up with rapidly disappearing margins. And so, at least in crypto, it...
The Chinese government has a complicated relationship with cryptocurrency: While it seems to be enthusiastic about the applications of blockchain technology, the country has banned initial coin offerings (ICOs) and blocked crypto trading sites. China’s long-running crackdown on digital currency marches on, with multiple news...
The crypto landscape is littered with digital tokens, with promise and peril, with stories of booms … and, of course, more recently, busts. In fact, busts on a devastating scale. To date as a group, the losses have mounted for all the cryptocurrencies out there –...
Coinbase, the cryptocurrency exchange, has snagged a patent that looks to bring a measure of security to payments done over bitcoin. As reported by several media outlets, including ones focused on cryptocurrencies such as CoinDesk, Coinbase’s efforts were published in a filing earlier this week. The...
The founder of crypto startup Savedroid, which just raised $50 million in an initial coin offering (ICO), posted two photos on his Twitter account a few months ago — one of him at an airport and another one of him at the beach. The caption? “Thanks...
Bitcoin may be outperforming beleaguered cryptocurrency brethren – but look out below, at least for now. Forbes reports that Coinbase CEO Brian Armstrong stated that even though cryptocurrencies are seeing a bit more adoption globally, it will not be enough to underpin prices. Said the...
Cryptocurrency is trading 70 percent lower than January highs amid frustration on the part of investors that it has taken off as a payment method and moved out of more speculative investments. According to a report in The Wall Street Journal, for the first time this week...
Tether, the digital currency that is purported to be backed by U.S. dollars, has been surging in trading — with daily trading volume around $3 billion, behind only bitcoin. But the problem, according to the Wall Street Journal, is that there isn’t any evidence to...
Cryptocurrencies ended the week on a down note, with all of the leading digital tokens lodging losses. According to a report in MarketWatch, Bitcoin, the leading cryptocurrency, ended the trading session Friday (August 10) down 1.9 percent on the Kraken cryptocurrency exchange. That comes after...
