
Omar Faridi

Omar Faridi Recent Articles

Nearly 1 million Bitcoins worth $8.4 billion now held in Coinbase’s cold storage wallets
San Francisco-based crypto exchange Coinbase is reportedly holding nearly 1 million Bitcoin (BTC) in its cold storage wallets. While digital currency exchanges have been…

Pornhub adds support for Tether following PayPal’s ban last year
Pornhub, a leading adult entertainment website, recently began supporting a new cryptocurrency payment method after PayPal ended support for the company’s models last year.…

CME Bitcoin options volume increases by over 100 percent to $5.3 million just a week after launch
Trading volume for Bitcoin (BTC) options from the Chicago Mercantile Exchange, or CME Group, has increased by over 100 percent in just the first…

Micro-investment fintech Raiz to offer Bitcoin-exposed retail fund to over 300,000 Australian clients
Raiz, a micro-investment Fintech company, is reportedly planning to offer retail investors exposure to Bitcoin (BTC) through its new fund. The Sydney-based financial services…

FinNexus to use XRP Ledger to implement tokenized asset platform
FinNexus, a Fintech firm that’s creating an open-source finance protocol, is planning to launch a digital asset platform on the XRP Ledger. FinNexus’ “one-stop…

Block.one confirms Voice will not launch on EOS mainnet, will run on “purpose-made” EOSIO blockchain
Brendan Blumer, CEO at Block.one, the company behind the development of EOS and Voice, a new blockchain-based social media network, confirmed that the technical…

Chainalysis says Binance and Huobi allegedly used for billions of dollars in criminal Bitcoin activity
Leading blockchain security and analytics company Chainalysis recently revealed that it tracked $2.8 billion in Bitcoin (BTC) that was allegedly transferred by criminal elements…

Major Turkish city to introduce its own cryptocurrency for settling everyday transactions
Ugur Ibrahim Altay, the Mayor of Konya, Turkey’s seventh-most-populous city, recently confirmed that the initial steps required to launch a cryptocurrency project called “city…

NBA team introduces Ethereum-based auction platform for $5.4 billion sports memorabilia industry
The Sacramento Kings, an NBA basketball team, has partnered with ConsenSys, the leading Ethereum (ETH) development studio, to introduce a new auction platform that…

Former Coinbase VP: we moved billions of dollars into Bitcoin “in large part because of Plaid”
Dan Romero, former vice president at leading crypto exchange Coinbase, confirms that the US-headquartered trading platform has been able to move billions of dollars…

Does the Bitcoin SV Genesis upgrade support the narrative that Craig Wright is Satoshi?
Contentious Bitcoin Cash hard fork Bitcoin SV (BSV) has surged over 25% percent in the past 24 hours. The cryptocurrency’s significant price increase has…

Ethereum network survives malicious attack, but raises serious security concerns
The Ethereum (ETH) blockchain survived what appeared to be an intentional attack on December 31, which reportedly came very close to bringing down the…