News

Changpeng “CZ” Zhao quietly offered a utopian forecast for the cryptocurrency industry and his ubiquitous cryptocurrency exchange, Binance–which he revealed is becoming increasingly institutionally oriented and will launch five to 10 fiat-to-crypto operations in nearly every continent. Speaking at Consensus Singapore, the Binance chief whip suggested that the regulatory breakthroughs seen last week have now […]

In a recent, exclusive interview with The Street, billionaire investor Tim Draper stated that he stands by his $250,000 Bitcoin price target by 2022. While the price of Bitcoin has declined by more than 65 percent since late 2017, the holdings of early Bitcoin investors remain relatively high against the U.S. dollar. Draper, who invested […]

Earlier this week, the New York Attorney General’s office released a report on the state of the cryptocurrency marketplace in the state, called the New York Virtual Markets Integrity Report. The report took a look at how several cryptocurrency trading platforms operated and what measures they had in place to protect consumers’ investments. ‘These Platforms […]

The regulated future of blockchain-based crowdfunding is just around the corner, with regulators now taking a hands-on approach to the oversight of initial coin offerings (ICOs). Regulatory interest in ICOs, as well as the recent establishment of legal precedents that define ICOs as securities under U.S. law, have catalyzed a dramatic surge in the amount […]

On Sept. 18, Visa, Mastercard and three major banks paid $6.2 billion in an antitrust settlement for forcing merchants to pay swipe fees and preventing them from utilizing other methods of payment. Experts believe increasing cases of malpractice in the traditional finance sector will lead merchants to cryptocurrencies. According to Reuters, the $6.2 billion fine […]

As the cryptocurrency market matures, a number of exchanges have begun to offer crypto derivatives contracts. To margin trade on these platforms, users are forced to trust their crypto capital on centralized exchange wallets. A new open-source platform leveraging dYdX protocol, however, has launched the first truly trustless method of creating short and leveraged positions […]

Augur, an open source oracle and prediction market protocol built on the Ethereum blockchain, has seen a serious dip in users since it first launched in July, according to data from DappRadar. A chart on the site’s dedicated Augur page–which tracks tweets, the amount of Ethereum being traded on the app and the number of […]

Within merely 24 hours, the crypto market has added $12 billion to its valuation, surging to $212 billion. As the best performing cryptocurrency on the day, XRP, the native cryptocurrency of Ripple, has risen by more than 40 percent overnight. Cardano (ADA) and Stellar (XLM) both recorded solid 13 percent gains against the U.S. dollar […]

In a letter sent from the House Ways and Means Committee on Wednesday, U.S. lawmakers are calling on the Internal Revenue Service (IRS) to issue more specific guidelines for taxes on digital assets. The letter lays out exactly what questions the Committee wants to be answered, with a  deadline of “no later than Oct. 17, […]

All data cited in this article was pulled at 11:30 p.m. EST on Wednesday, Sept. 19, 2018. IDEX, a decentralized exchange with real-time trading and high-transaction throughput, had 1,634 users over the past 24 hours. IDEX is ranked 67th in crypto-asset exchange volume, with 335 markets and a 24-hour volume just shy of $2 million. […]