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Crypto
Adoption
Coinbase Custody Explores New Assets and Coinbase Commerce Launches Plug-in for Online Stores
San Francisco-based Coinbase has been an industry leader in delivering digital assets for public adoption. Announced August 3, 2018, Coinbase is considering the expansion…
Exchanges
Mt.Gox Creditors Revise Proposal to Claim Bitcoin Repayments
In 2014, Mt.Gox declared bankruptcy after losing over 744,000 Bitcoin in a large-scale hack. Released August 1, 2018, Mt.Gox creditors revised their proposal to…
Adoption
High Times Becomes First Nasdaq IPO to Accept Cryptocurrencies
Since inception, many industries have adopted cryptocurrency because of its versatile functionality and exposure to global investment. Announced August 2, 2018, cannabis media giant…
Adoption
SBI Invests $9 Mln in Cryptocurrency Derivatives Platform
Global investment firms and cryptocurrency exchanges are rushing to develop new digital asset markets in preparation for impending regulations. Announced on July 31, 2018,…
Adoption
Square Cash App Bitcoin Profits Doubled in Q2 2018
Despite a market downturn, cryptocurrency is driving business across several industries worldwide. In Q2 2018, Square Cash app reported a 100% increase in profit…
Adoption
KPMG: ‘Blockchain Continues to Draw Significant Investor Attention’
With the first half of 2018 coming to a close, leading global audit firm KPMG is reviewing the impact of blockchain on the maturing…
Regulation
Bithumb Crypto Exchange Faces Bank Freeze and Halts New Accounts
Emerging cryptocurrency regulations are putting greater scrutiny on exchanges and companies worldwide. Starting August 1, 2018, Korean cryptocurrency exchange Bithumb will no longer issue…
Adoption
Morgan Stanley Hires Credit Suisse ‘Bitcoin Expert’ to Head Digital Assets Division
As the industry matures, an influx of institutional investors continues to pour into the cryptocurrency market. Announced July 31, investment banking giant Morgan Stanley hired…
People
Mike Novogratz’s Crypto Bank Goes Live On Canadian Public Exchange
An early Bitcoin bull and former Wall Street trader, Mike Novogratz is bringing cryptocurrency to institutional investors. Following a crypto bear market, Novogratz's merchant…
Adoption
Gibraltar United becomes first football team to pay players in cryptocurrency
Cryptocurrency is rapidly gaining traction as a global medium of payment. On July 29, 2018, Gibraltar United football team announced that it will pay…
Adoption
Ethereum Founder, Vitalik Buterin: ‘We’re at the Tail End of a Crypto Bubble’
Ethereum founder Vitalik Buterin is undoubtedly an industry leader and blockchain pioneer. Following a multi-month downtrend, Buterin took to Twitter to share his outlook…
Crypto
Tron (TRX) Achieves 2000 TPS, Surpasses Ethereum
Tron's recent mainnet launch marked its official migration from the Ethereum blockchain. Following its partnership with BitTorrent, Tron's new blockchain has achieved 2000 transactions…