News

Cryptocurrency hedge fund managed to survive the 2018 bear market that caused the price of Bitcoin to drop by over 70 percent. A report published by PwC and Elwood analyzed 150 crypto hedge funds that manage around $1 billion in digital assets and found that they suffered losses of only 47 percent. Industry suffers major […]

The market is catching up with bitcoin. After breaking—and monetarily holding—$8,000, other altcoins are getting some action. XRP recently saw a 40 percent increase, Ethereum is surging, and Binance coin is approaching all-time highs. Technical analysis suggests a major correction could happen at any moment. Nevertheless, there are indicators that the top three cryptos by […]

Samsung is planning to extend its crypto and blockchain support to its range of Galaxy phones, according to a local report. In an article from Business Korea, Chae Won-cheol, senior managing director of the Product Strategy Team at Samsung Electronics’ Wireless Business Division, said: “We will lower barriers to new experiences by gradually expanding the […]

The Bitwise bitcoin ETF was delayed for another five weeks in a statement from the U.S. Securities Exchange Commission. So far, it seems the Commission remains unconvinced that bitcoin is sufficiently resistant to price manipulation, along with a host of other concerns. Following a May 7 amendment to Bitwise’s bitcoin ETF application, the Securities Exchange […]

In what is now the second publicized transaction gone wrong on Binance, an anonymous trader paid almost $100,000 for a single litecoin. Just days ago, another user reportedly lost $400,000 paying over 17,000 times the market price of a token by pressing “Market Buy” on Binance. The exchange is yet to respond. PAX brings bad […]

Unikrn, one of the largest esports betting platforms in the world, has debuted a new product that allows fans to place crypto bets on Fortnite and Apex Legends streams on Twitch. While no partnerships with star gamers have been established, the company believe exposing the esports betting community to crypto will increase adoption. Esports betting […]

On May 7th, Microsoft announced the Azure Blockchain Service, a tool that helps developers and companies create, deploy, and manage blockchain networks. This service, which is currently in public preview, is a continuation of Microsoft’s goal to provide platform-as-a-service tools for blockchain technology. At the Build, Microsoft’s marquee developer conference that occurred in Seattle on May 7th, […]

A new website, Got Satoshi, claims to know the true identity of Bitcoin creator Satoshi Nakamoto. The reveal is scheduled to happen today, on May 14, during the annual Consensus conference in New York. Probably created as a publicity stunt, the person behind the website got more than he bargained for when the wrath and […]

Cryptocurrency exchange BitOasis is on track to receive a license to operate in the Middle East after being granted in-principle approval (IPA) from the U.A.E’s financial regulator. The Dubai-based platform, which launched in 2015, announced today that it had received approval from the Financial Services Regulatory Authority (FSRA) at the Abu Dhabi Global Market (ADGM) […]

Charles Hoskinson, the founder of Cardano and co-founder of Ethereum, is partnering with Polymath as the co-architect of “Polymesh”—a blockchain that aims to become “layer one” for security tokens, as first reported by Forbes contributor Rachel Wolfson at Consensus 2019. According to Trevor Koverko, the co-founder of Polymath, Polymesh is a blockchain that is looking […]